[Politics] Russia invades Ukraine (24/02/2022)

[Eric the meek]

Just more examples of Russian state propaganda that’s deliberately aimed at the majority of the population who don’t understand basic economics and / or can’t believe (don’t want to believe) their government would lie to them. But some of this stuff must surely be getting beyond credible for even the thickest of them. Will there be a point where people realise that their every day life is being blighted by high interest rates and inflation that are the consequences of the policies of their government? Probably, but will they be prepared to go out on to the streets to protest about it?

It's really difficult to predict. You're asking people on here to predict what will happen in Russia as it descends further into chaos. There could be a thousand, or many thousands of, scenarios that unfold. But be aware that, at any point in the process, it is likely to be worse than we think, due to the political leaders covering it up.

What I think I'm noticing is a divergence in the official story, or reasons for the economic problems. There isn't a consistency of message from the top. This suggests that there isn't agreement across the leadership, a message is not forthcoming, there are factions in play, or a power vacuum developing.

Worth keeping an eye on. Sorry if this isn't the answer you were looking for....

 

[peterward]

Rather interesting and well laid out snapshot of Syria and potential geo political outcomes if/when Assad falls.

 

[raymondo]

Rather interesting and well laid out snapshot of Syria and potential geo political outcomes if/when Assad falls.

Wow, what a detailed analysis. Extremely complex, and I'll need to read that again to get my head round it!

 

[Triggaaar]

This is long (no need to watch unless really keen), but his basic message is that Russia have deliberately devalued their currency for a couple of reasons. They can pay soldiers in cheap rubles, and the oligarchs can also pay for production using cheap rubles, while selling abroad for dollars, and thus being better off.

This will be paid for by Russian citizens, who are being made poorer due to high inflation. It's not a sustainable solution, but it helps them keep going for a while longer.

 

[Eric the meek]

This is long (no need to watch unless really keen), but his basic message is that Russia have deliberately devalued their currency for a couple of reasons. They can pay soldiers in cheap rubles, and the oligarchs can also pay for production using cheap rubles, while selling abroad for dollars, and thus being better off.

This will be paid for by Russian citizens, who are being made poorer due to high inflation. It's not a sustainable solution, but it helps them keep going for a while longer.

Blimey. I need to digest that. I see Konstantin's next video is 'Putin is set to disappear'.

Edit: just to correct the timeline, the video from Konstantin 'Putin is set to disappear' was from 2 days ago, prior to the video 'Saving Private Ruble'.

 

[peterward]

This is long (no need to watch unless really keen), but his basic message is that Russia have deliberately devalued their currency for a couple of reasons. They can pay soldiers in cheap rubles, and the oligarchs can also pay for production using cheap rubles, while selling abroad for dollars, and thus being better off.

This will be paid for by Russian citizens, who are being made poorer due to high inflation. It's not a sustainable solution, but it helps them keep going for a while longer.

I haven't watched it, and it's always good to hear different opinions and perspectives, and while I may be wrong, I'm not convinced it's been devalued deliberately.

The Russian Central Bank was forced to intervene and stop all currency transactions till January and block accounts from withdrawing money.

TV propagandists also sounded panicked by it?

 

[Eric the meek]

I haven't watched it, and it's always good to hear different opinions and perspectives, and while I may be wrong, I'm not convinced it's been devalued deliberately.

The Russian Central Bank was forced to intervene and stop all currency transactions till January and block accounts from withdrawing money.

TV propagandists also sounded panicked by it?

I watched the video, as well as the video 'Putin is set to disappear'. The removal of metadata from photos and videos featuring Putin is significant. It could be a bluff but my guess is that it isn't. Putin is about to disappear, or already has. Who else will disappear? Who else will we begin to see more of?

As for the question, did they deliberately devalue the ruble, I'm not yet convinced but remain open to the possibility.

The intrigue is beginning. Have all your senses turned up to 10. And invest in a popcorn maker. You're going to need it.