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Dick Ripple posted:In regards to modern tanks traveling over fields, we are already seeing videos of them getting stuck in the Ukrainian mud. It really has not been a cold winter this year in Ukraine, this week is forecasting snow but at mild temperatures which is just going to make everything wet and the land less traverseable. The russians could never have foreseen this. Who knew that invading ukraine in a muddy season could be so difficult?
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Feb 28, 2022 07:55
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Paracausal posted:I can't believe this many days in there's still people willing to give the West heat for Putin's blatant revanchism and delusions of Empire. Nothing the West has done is even halfway approaching just cause for this response and they've more than demonstrated that they're willing to wear the cost of responding, but that should never be framed as "made its bed" bullshit. I like to imagine that there is an alternate universe, where Russia joined NATO before all the other FSRs, used their membership to block the other FSRs from joining, invaded Ukraine, and then I am on the forums having "realpolitik" and "spheres of influence" explained to me in the smug manner.
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Feb 28, 2022 07:56
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https://twitter.com/Genetry_/status/1497946887554437122
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Feb 28, 2022 07:56
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Negostrike posted:https://twitter.com/Genetry_/status/1497986909028552710 Ok, but are those the Ukrainian Army? Seems like it would be more likely to be Polish border guards, given that they're trying to get into Poland. That said, yes, there is a lot of racism in Eastern Europe, particularly toward non-white migrants/refugees. Sir John Falstaff fucked around with this message at 08:04 on Feb 28, 2022 |
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Feb 28, 2022 07:58
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Sir John Falstaff posted:Ok, but are those the Ukrainian Army? Seems like it would be more likely to be Polish border guards, given that they're trying to get into Poland. The video says they are Ukrainians but I can't tell them apart so I dunno
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Feb 28, 2022 07:59
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OctaMurk posted:The russians could never have foreseen this. Who knew that invading ukraine in a muddy season could be so difficult? It was better when they started. They really didn't believe it would last this long.
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Feb 28, 2022 08:05
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https://twitter.com/ragipsoylu/status/1498188763503251462?t=FxGVxp5skQjJs0U28IqB_w&s=19 Hmmmm...... Seems bad?
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Feb 28, 2022 08:05
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Moscow Exchange posted:On the procedure for conducting trading on the FX and Money Markets of Moscow Exchange on February 28
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Feb 28, 2022 08:11
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Scaramouche posted:This is going to sound dumb but I can't really go to bed at night until I see the sun rise over Ukrainian Kyiv. It's not magical thinking, I'm not causing this to happen. It just might not happen much more in the near future. I went to Disneyland today with my family, and all I could think about was what was being discussed in this thread. The news outlets are all reporting stuff y'all posted 12+ hours earlier, and not knowing if Kyiv survived another night was heavy on my mind. It seems silly, I can't do anything about it from here, but I just wanted to make sure everyone was still relatively ok. I saw a FJB - Let's Go Brandon shirt in the wild today, at Disneyland, and I had the stupidest urge to pick a fight with the dude. Maybe all this war footage is taking it's toll on me.
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Feb 28, 2022 08:15
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Malloc Voidstar posted:For the USDRUB_TOM currency pair: the lower limit is 76.145, the upper limit is 90.00. You won't believe in this simple trick to solve cross-border exchange rates.
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Feb 28, 2022 08:16
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https://twitter.com/ragipsoylu/status/1498194178831835139?s=20&t=bsKuOsKIWcxsmEUQ7Y5Z0A
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Feb 28, 2022 08:19
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Paracausal posted:https://twitter.com/ragipsoylu/status/1498188763503251462?t=FxGVxp5skQjJs0U28IqB_w&s=19 ruble wont be worth the paper its printed on soon.
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Feb 28, 2022 08:19
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I wish I understood what this means but I assess with high confidence it isn't good https://twitter.com/olliecarroll/status/1498190725359542273?cxt=HHwWgoC57dyh0sopAAAA https://twitter.com/ru_rbc/status/1498190406022045704
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Feb 28, 2022 08:19
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the popes toes posted:I wish I understood what this means but I assess with high confidence it isn't good I think the Russian finance ministry is asking for companies to fork over 80% of their foreign currency reserves to help keep things afloat because the ruble is tanking and the finance ministry needs foreign cash to keep things flowing.
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Feb 28, 2022 08:21
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keyframe posted:ruble wont be worth the paper its printed on soon. Hmm obviously I know what key interest rate from a central bank is but there's probably a lot of people in this thread who don't so someone perhaps someone could explain it in layman's terms
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Feb 28, 2022 08:21
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Putin has hit the end of his rope. https://edition.cnn.com/2022/02/27/sport/judo-vladimir-putin-president-gymnastics-spt-intl/index.html International Judo Federation suspends Vladimir Putin's honorary president status "The International Judo Federation (IJF) has suspended Vladimir Putin's status as Honorary President and Ambassador of the federation due to "the ongoing war conflict in Ukraine," the sport's governing body announced Sunday. "In light of the ongoing war conflict in Ukraine, the International Judo Federation announces the suspension of Mr. Vladimir Putin's status as Honorary President and Ambassador of the International Judo Federation," the statement read." How will he ever look Stephen Segall in the eyes now?
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Feb 28, 2022 08:22
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Telsa Cola posted:I think the Russian finance ministry is asking for companies to fork over 80% of their foreign currency reserves to help keep things afloat because the ruble is tanking and the finance ministry needs foreign cash to keep things flowing. Ah, so the Soviet stuff is coming out of the closet.
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Feb 28, 2022 08:23
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e: wrong thread
Funky See Funky Do fucked around with this message at 08:29 on Feb 28, 2022 |
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Feb 28, 2022 08:23
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Steve1989MREInfo has been quiet awhile but came out of the woodwork to show off a Ukranian MRE. https://www.youtube.com/watch?v=ID_eFoIemjU Nice.
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Feb 28, 2022 08:28
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Telsa Cola posted:I think the Russian finance ministry is asking for companies to fork over 80% of their foreign currency reserves to help keep things afloat because the ruble is tanking and the finance ministry needs foreign cash to keep things flowing. When a country's currency is losing value relative to other currencies (depreciating), its central bank can use the foreign currencies it owns (foreign reserves) to buy the country's currency on the open market and keep its value up. It's like a company buying its own stocks on the secondary market to keep its price from falling. In Russia's case, they're now asking private companies to do the same: buy rubles using privately-held foreign currency to maintain the ruble's value. I dunno what the analogy would be. Maybe like asking your employees to use their own savings to keep the company's stock up. If the ruble depreciates a lot, it not only fucks with imports and exports, it also fucks with creditworthiness and interest rates. Suddenly Russians can't afford to import poo poo, can't afford to pay off foreign-denominated debts, etc. So they end up with both real economy and financial economy disasters.
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Feb 28, 2022 08:28
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Rocko Bonaparte posted:Steve1989MREInfo has been quiet awhile but came out of the woodwork to show off a Ukranian MRE. That looks crazy delicious and is the sole reason Russia hasn't taken Kyiv yet
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Feb 28, 2022 08:32
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Smeef posted:When a country's currency is losing value relative to other currencies (depreciating), its central bank can use the foreign currencies it owns (foreign reserves) to buy the country's currency on the open market and keep its value up. It's like a company buying its own stocks on the secondary market to keep its price from falling. Thank you for your explanation!
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Feb 28, 2022 08:32
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Rocko Bonaparte posted:Steve1989MREInfo has been quiet awhile but came out of the woodwork to show off a Ukranian MRE. Nice hiss
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Feb 28, 2022 08:33
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With those price controls? USSR IS BACK BABY 
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Feb 28, 2022 08:34
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slowdave posted:Hmm obviously I know what key interest rate from a central bank is but there's probably a lot of people in this thread who don't so someone perhaps someone could explain it in layman's terms Broadly speaking, a central bank uses the interest rate to control the amount of money in circulation. A very low interest rate is used to increase the supply of money and avoid deflation (money becoming more valuable leading to people being more reluctant to spend it.) A high interest rate (20% is VERY high for a developed economy) is used to control inflation by removing money from the economy through the (somewhat of a legal fiction) that commercial banks are putting money into instruments offered by the central banks. This situation is weird because the Ruble is being devalued by extrinsic factors (being severely restricted from international banking systems) rather than intrinsic factors (government printing more of it) so keeping the interest rate super high is kind of a desperation move to prevent hyperinflation by removing as much of it from circulation as possible. That can cause a lot of other problems which are harder to see, like liquidity issues.
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Feb 28, 2022 08:35
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Smeef posted:It's like a company buying its own stocks on the secondary market to keep its price from falling. https://twitter.com/Sino_Market/status/1498193390147563523?cxt=HHwWhsCrieu808opAAAA
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Feb 28, 2022 08:36
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https://asia.nikkei.com/Politics/Ukraine-conflict/Singapore-to-impose-banking-trade-restrictions-on-Russia Smart people itt tell me, does this matter at all tl;dr singapore will be imposing its own version of economic sanctions on russia
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Feb 28, 2022 08:39
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Hang on, I recall in the '80's and '90's that it was a good thing to have a low dollar because your exports would be cheap and thus increase exports. Was capitalism telling me a lie?
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Feb 28, 2022 08:40
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Pretty sure @Genetry is pro-Russia, so take those with a huge grain of salt.
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Feb 28, 2022 08:40
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Comstar posted:Hang on, I recall in the '80's and '90's that it was a good thing to have a low dollar because your exports would be cheap and thus increase exports. Up to a point this is true. If your biggest market can’t afford to buy your country’s stuff, your companies have to lower their prices or find someone else to sell to. In a scenario like this, Russia is being written off as a market until they stop their invasion. The governments of the countries doing this have collectively decided it’s worth the cost. This is a painful thing to do which is why it doesn’t happen except in this incredibly extreme case.
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Feb 28, 2022 08:45
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the popes toes posted:Luckily for him, bad for everyone else, his ace in the hole for foreign exchange is going to be hard to kill That is just corperations price gouging because they can.
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Feb 28, 2022 08:47
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Comstar posted:Hang on, I recall in the '80's and '90's that it was a good thing to have a low dollar because your exports would be cheap and thus increase exports. Well if all your exports are banned due to sanctions then you've got no one to sell to.
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Feb 28, 2022 08:49
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Majorian posted:
So NATO expansion is responsible for Putin taking power, and adopting a more aggressive foreign policy? I thought he took over because the oligarchs thought he could be controlled and he was willing to stop investigations into Yeltsin & Cos corruption. Or are you saying that Putin would have pursued a more dove-ish foreign policy had NATO not expanded membership in the 90s? Given his own writings, I doubt the latter is true.
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Feb 28, 2022 08:49
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BigRoman posted:So NATO expansion is responsible for Putin taking power, and adopting a more aggressive foreign policy? I thought he took over because the oligarchs thought he could be controlled and he was willing to stop investigations into Yeltsin & Cos corruption. Or are you saying that Putin would have pursued a more dove-ish foreign policy had NATO not expanded membership in the 90s? Given his own writings, I doubt the latter is true. I feel like I've seen these arguments a hundred times in the last few days. At this point it doesn't matter who did what to whom decades ago, because none of it justifies what Putin has done with this invasion. He made that decision. Every other point is moot as far as I am concerned.
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Feb 28, 2022 08:54
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Comstar posted:Hang on, I recall in the '80's and '90's that it was a good thing to have a low dollar because your exports would be cheap and thus increase exports. A weak currency has this advantage, and it's very good if you're trying to increase exports. However, there are disadvantages to having a weak currency if you want to import things. Typically advanced economies that rely a lot of unfinished and partially finished goods to make more complex assemblies (e.g. Vehicles, Complex Machine Tools) will prefer a strong currency because imports become cheaper. This hurts domestic competitors for the unfinished goods, but if you don't have many of those to begin with it's not a concern. Less advanced economies that rely on raw materials or low-complexity manufacturing prefer a weak currency because the assumption is that those will be exported. The Ruble crashing should make natural gas exports cheaper (assuming no further restrictions) but with limited ability for foreign currency to enter and leave the country it's going to hurt a lot, especially the advanced manufacturing sectors of the economy.
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Feb 28, 2022 08:55
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BigRoman posted:I thought he took over because the oligarchs thought he could be controlled Nah, Putin is the crime boss, the oligarch his lieutenants. They were appointed. He put them there because they were willing to be controlled for the tax: loyalty and kickback.
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Feb 28, 2022 08:55
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Yureina posted:I feel like I've seen these arguments a hundred times in the last few days. At this point it doesn't matter who did what to whom decades ago, because none of it justifies what Putin has done with this invasion. He made that decision. Every other point is moot as far as I am concerned. This is like trying to do marriage counseling after the other party just knifed their spouse.
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Feb 28, 2022 08:56
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SourKraut posted:Pretty sure @Genetry is pro-Russia, so take those with a huge grain of salt. Looking at some of their other tweets lol: https://twitter.com/Genetry_/status/1498204089032663041 https://twitter.com/Genetry_/status/1498204147610316800 Yup. They are just playing with Ukraine. What a moron.
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Feb 28, 2022 08:56
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Yureina posted:I feel like I've seen these arguments a hundred times in the last few days and in fact if you look at the OP, a lot of NATO chat has been done to death and is discouraged unless you're going to add something new to the conversation
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Feb 28, 2022 08:56
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Look at the first post from this guy. https://twitter.com/genetry_/status/1498204089032663041?s=21 This is propaganda, made to be effective precisely to western peoples who need some sort of confirmation that the nazis in the situation are actually the Ukrainians. War is hell, the Polish border is seeing hundreds of thousands of migrants crossing it and there’s not enough resources and personnel. Even if it was the actual Ukrainian army being responsible for this, without context, without verification, this serves nothing but to aid the Russian cause. These people wouldn’t be there if it weren’t for the loving Russians creating a humanitarian crisis, let’s not forget that.
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Feb 28, 2022 08:59
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