FabSwingers.com mobile

Join us FREE, we're FREE to use

Web's largest swingers site since 2006.

Already registered?
Login here

Back to forum list
Back to Politics

Russian financial meltdown

Jump to newest
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham

The latest sanctions imposed on Russia are huge from a financial perspective. In particular the inability of the Russian central bank to access foreign currency should mean huge devaluations of the rouble on Monday morning with no way for the government to support it. Banks will likely go under as people withdraw their money. Cards will increasingly stop working and the economy will be reliant on physical cash.

Could it be that a financial meltdown is how this war ends?

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

could also be how it escalates further ... who knows how Putin will react if his people start protesting and have no money, hes going to blame the West and will want to be seen to react.

Im sure this has been thought through by the powers that be ........

Reply privatelyReply in forumReply +quote
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham

It is pretty difficult to react when you literally have no money.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"It is pretty difficult to react when you literally have no money. "

Not when you've already got 13,000 tanks, thousands of planes, a million soldiers, a very large navy and 6,000 Nuclear missiles.

He wouldnt have the funds for a long war but he could make it a very short one.

Reply privatelyReply in forumReply +quote
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham


"It is pretty difficult to react when you literally have no money.

Not when you've already got 13,000 tanks, thousands of planes, a million soldiers, a very large navy and 6,000 Nuclear missiles.

He wouldnt have the funds for a long war but he could make it a very short one."

People who are being paid to fight tend not to fight that hard if they are not being paid.

Reply privatelyReply in forumReply +quote
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham

To your earlier point about it being thought through - I don’t think he expected this level of sanctions. Not even Europe was thinking about this level of sanctions yesterday morning so it is hard to see how Putin would have factored it in.

I think he would have expected the usual division and self interest of the west to take precedence as it usually does.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"It is pretty difficult to react when you literally have no money.

Not when you've already got 13,000 tanks, thousands of planes, a million soldiers, a very large navy and 6,000 Nuclear missiles.

He wouldnt have the funds for a long war but he could make it a very short one.

People who are being paid to fight tend not to fight that hard if they are not being paid."

ok .... and you think a soldier at ballistic missile comand is going to say 'im not obeying that order to launch until im paid'

Reply privatelyReply in forumReply +quote
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham


"It is pretty difficult to react when you literally have no money.

Not when you've already got 13,000 tanks, thousands of planes, a million soldiers, a very large navy and 6,000 Nuclear missiles.

He wouldnt have the funds for a long war but he could make it a very short one.

People who are being paid to fight tend not to fight that hard if they are not being paid.

ok .... and you think a soldier at ballistic missile comand is going to say 'im not obeying that order to launch until im paid'"

I am not sure that the soldiers command hierarchy would actually pass that order on. The Russian military are many things but their leadership are not stupid - I would think there currently debates going on as to the merits of whether they think it proportionate to launch a nuclear weapon in European soil given the current battle scenario and whether they want to be associated with that decision.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"It is pretty difficult to react when you literally have no money.

Not when you've already got 13,000 tanks, thousands of planes, a million soldiers, a very large navy and 6,000 Nuclear missiles.

He wouldnt have the funds for a long war but he could make it a very short one.

People who are being paid to fight tend not to fight that hard if they are not being paid.

ok .... and you think a soldier at ballistic missile comand is going to say 'im not obeying that order to launch until im paid'

I am not sure that the soldiers command hierarchy would actually pass that order on. The Russian military are many things but their leadership are not stupid - I would think there currently debates going on as to the merits of whether they think it proportionate to launch a nuclear weapon in European soil given the current battle scenario and whether they want to be associated with that decision."

Whats currently happening in Ukraine suggests otherwise ... i'd like to hope your presumption is correct. But then we are used to living in a society where we can challenge instruction without fear of being 'disapeared'.

Reply privatelyReply in forumReply +quote
 

By *uddy laneMan
over a year ago

dudley

Financial meltdown when the Ukraine people are still buying Russian gas in fact all of Europe is.

If you do not stand for something you will fall for anything.

Reply privatelyReply in forumReply +quote
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham


"It is pretty difficult to react when you literally have no money.

Not when you've already got 13,000 tanks, thousands of planes, a million soldiers, a very large navy and 6,000 Nuclear missiles.

He wouldnt have the funds for a long war but he could make it a very short one.

People who are being paid to fight tend not to fight that hard if they are not being paid.

ok .... and you think a soldier at ballistic missile comand is going to say 'im not obeying that order to launch until im paid'

I am not sure that the soldiers command hierarchy would actually pass that order on. The Russian military are many things but their leadership are not stupid - I would think there currently debates going on as to the merits of whether they think it proportionate to launch a nuclear weapon in European soil given the current battle scenario and whether they want to be associated with that decision.

Whats currently happening in Ukraine suggests otherwise ... i'd like to hope your presumption is correct. But then we are used to living in a society where we can challenge instruction without fear of being 'disapeared'."

What is currently happening in Ukraine is what appears to be a poorly designed and implemented attack with serious morale and logistics issues that is facing sustained resistance (https://www.understandingwar.org/backgrounder/ukraine-conflict-update-9).

It is almost as if the Russian military leadership don’t really want to be doing this. If they were faced with a decision by an autocrat to launch a weapon they didn’t want to launch then maybe that autocrat is the one that gets disappeared?

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

Agree with all your points. An autocrat is only as strong as the military's support for him. As things stand, Putin has clearly made himself look like a clown. Why would military personnel respect him if all their family struggle to live back home because of his brain-dead decisions?

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"It is pretty difficult to react when you literally have no money.

Not when you've already got 13,000 tanks, thousands of planes, a million soldiers, a very large navy and 6,000 Nuclear missiles.

He wouldnt have the funds for a long war but he could make it a very short one.

People who are being paid to fight tend not to fight that hard if they are not being paid.

ok .... and you think a soldier at ballistic missile comand is going to say 'im not obeying that order to launch until im paid'

I am not sure that the soldiers command hierarchy would actually pass that order on. The Russian military are many things but their leadership are not stupid - I would think there currently debates going on as to the merits of whether they think it proportionate to launch a nuclear weapon in European soil given the current battle scenario and whether they want to be associated with that decision.

Whats currently happening in Ukraine suggests otherwise ... i'd like to hope your presumption is correct. But then we are used to living in a society where we can challenge instruction without fear of being 'disapeared'.

What is currently happening in Ukraine is what appears to be a poorly designed and implemented attack with serious morale and logistics issues that is facing sustained resistance (https://www.understandingwar.org/backgrounder/ukraine-conflict-update-9).

It is almost as if the Russian military leadership don’t really want to be doing this. If they were faced with a decision by an autocrat to launch a weapon they didn’t want to launch then maybe that autocrat is the one that gets disappeared?

"

Fingers crossed!

Hopefully before he hits the red button.

Reply privatelyReply in forumReply +quote
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham

Liquidity has disappeared in most Russian market trading today. No one wants to buy. The rouble has fallen 30% against major currencies on early trading. Russian central bank has raised a key interest rate from 9.5% to 20% in order to stem losses and imposed capital controls. The main stock market has delayed opening.

Oligarchs have started to call for an end to the conflict.

Going to be an interesting day in Moscow

Reply privatelyReply in forumReply +quote
 

By *estivalMan
over a year ago

borehamwood


"It is pretty difficult to react when you literally have no money.

Not when you've already got 13,000 tanks, thousands of planes, a million soldiers, a very large navy and 6,000 Nuclear missiles.

He wouldnt have the funds for a long war but he could make it a very short one.

People who are being paid to fight tend not to fight that hard if they are not being paid.

ok .... and you think a soldier at ballistic missile comand is going to say 'im not obeying that order to launch until im paid'

I am not sure that the soldiers command hierarchy would actually pass that order on. The Russian military are many things but their leadership are not stupid - I would think there currently debates going on as to the merits of whether they think it proportionate to launch a nuclear weapon in European soil given the current battle scenario and whether they want to be associated with that decision.

Whats currently happening in Ukraine suggests otherwise ... i'd like to hope your presumption is correct. But then we are used to living in a society where we can challenge instruction without fear of being 'disapeared'.

What is currently happening in Ukraine is what appears to be a poorly designed and implemented attack with serious morale and logistics issues that is facing sustained resistance (https://www.understandingwar.org/backgrounder/ukraine-conflict-update-9).

It is almost as if the Russian military leadership don’t really want to be doing this. If they were faced with a decision by an autocrat to launch a weapon they didn’t want to launch then maybe that autocrat is the one that gets disappeared?

"
i wouldnt be so sure with that mad fucker, send your gruntsand new recruits in first to check how strong there defences are, once you know that then you send the bulk of yor soilders in that are still being held back, remember this is a guy who thinks life is cheap, and as for military leaders these were put in place by him so likley to be yes men and also likey to be reliant on him being in power so they keep there lifes cushty aswell, but hey who knows none of us are on the ground there so who knows what tbe fuck is actually going on out there

Reply privatelyReply in forumReply +quote
 

By *asyukMan
over a year ago

West London

You may be correct about the financial situation going south far faster than planned for Russia. Putin is undoubtedly isolated from this, and reality to some extent.

The question is how does this push a clearly emotionally unstable and irrational individual with absolute power to behave?

We have Trump as a less extreme example.

At what point will any escalation be stepped away from by those with fingers on the buttons?

There is already a problem within Russia. The official reason for Putin's invasion, that Ukraine is an integral part of Russia but troops are not being welcomed. They are being heavily resisted by Ukrainians, not NATO. There is no threat to Russia directly and casualties are being taken.

NATO will not escalate unless directly attacked.

Reply privatelyReply in forumReply +quote
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham


"

i wouldnt be so sure with that mad fucker, send your gruntsand new recruits in first to check how strong there defences are, once you know that then you send the bulk of yor soilders in that are still being held back, remember this is a guy who thinks life is cheap, and as for military leaders these were put in place by him so likley to be yes men and also likey to be reliant on him being in power so they keep there lifes cushty aswell, but hey who knows none of us are on the ground there so who knows what tbe fuck is actually going on out there"

It is pretty much universal military tactics for millennia to use concentrated and overwhelming force. This has not been done here.

Reply privatelyReply in forumReply +quote
 

By *V-AliceTV/TS
over a year ago

Ayr


"The latest sanctions imposed on Russia are huge from a financial perspective. In particular the inability of the Russian central bank to access foreign currency should mean huge devaluations of the rouble on Monday morning with no way for the government to support it. Banks will likely go under as people withdraw their money. Cards will increasingly stop working and the economy will be reliant on physical cash.

Could it be that a financial meltdown is how this war ends?"

They finally went full Afghanistan on his ass. Has to be said, though, starving the women and children of a country without a functioning government or economy is an easier thing to do, than bringing down a dictator with access to nuclear weapons.

Although, I think the harsher sanctions are a far better move than sending troops; given Putin's obvious instability, I'm hoping like fuck that the officers responsible won't obey any launch order - should he actually give one.

Reply privatelyReply in forumReply +quote
 

By *ools and the brainCouple
over a year ago

couple, us we him her.

If he gets taken out from within he may then be seen as a martyr for the cause and his fanatical followers might finish what he started.

Don't forget he basically declared war on the UK a few years ago by sanctioning the use of a nerve agent on British soil, brazen disregard for life of innocent civilians and for the response from our government.

Reply privatelyReply in forumReply +quote
 

By *ools and the brainCouple
over a year ago

couple, us we him her.


"If he gets taken out from within he may then be seen as a martyr for the cause and his fanatical followers might finish what he started.

Don't forget he basically declared war on the UK a few years ago by sanctioning the use of a nerve agent on British soil, brazen disregard for life of innocent civilians and for the response from our government.

"

And where was the NATO response then?

That was a blatant attack on a NATO country

Reply privatelyReply in forumReply +quote
 

By *irldnCouple
over a year ago

Brighton


"If he gets taken out from within he may then be seen as a martyr for the cause and his fanatical followers might finish what he started.

Don't forget he basically declared war on the UK a few years ago by sanctioning the use of a nerve agent on British soil, brazen disregard for life of innocent civilians and for the response from our government.

And where was the NATO response then?

That was a blatant attack on a NATO country "

Highly unlikely a full hot war response would ever happen due to an assassination. Highly probable there was retaliation in kind but these things are rarely known about by the general public.

Reply privatelyReply in forumReply +quote
 

By *ovebjsMan
over a year ago

Bristol


"If he gets taken out from within he may then be seen as a martyr for the cause and his fanatical followers might finish what he started.

Don't forget he basically declared war on the UK a few years ago by sanctioning the use of a nerve agent on British soil, brazen disregard for life of innocent civilians and for the response from our government.

"

You may find that he only has support by the fear factor and many will disown and disappear if he were to be taken out.

After all he seemed to have conned his army into invading under the guise of exercise’s.

Reports of a lot of confused soldiers who did not know they were there to fight by that time it was too late.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

Speaking to a friend over the weekend who works in the Foreign Office; the belief is that Putin may have wanted the invasion to hit the west’s economy (which it has to a certain level). But he seems to have miscalculated the impact on his economy

No one seems to be able to predict his next move as he is not playing to form. The hope is that his generals will remove him. But he has lots of friends in the media who could turn this to something the west has done.

Worrying times

Reply privatelyReply in forumReply +quote
 

By *asyukMan
over a year ago

West London


"Speaking to a friend over the weekend who works in the Foreign Office; the belief is that Putin may have wanted the invasion to hit the west’s economy (which it has to a certain level). But he seems to have miscalculated the impact on his economy

No one seems to be able to predict his next move as he is not playing to form. The hope is that his generals will remove him. But he has lots of friends in the media who could turn this to something the west has done.

Worrying times"

Like the way of many dictators, as he surrounds himself with yes men and becomes more cut-off from reality (accelerated by Covid isolation) the less well informed any decisions become.

That seems to be where we now are...

Reply privatelyReply in forumReply +quote
 

By *ackal1Couple
over a year ago

Manchester

It’s being reported comments from western politicians including our very own incompetent Liz Truss has lead to the “upping of nuclear readiness” comments.

She mentioned this conflict could lead to war with NATO as part of her comments. I realise they will scatter gun blame and twist anything but giving them a chance to jump on a comment is just amateur. When it’s as serious as this maybe it’s time to let the grown up diplomats talk and make the amateurs such as Liz shut the fuck up!

Reply privatelyReply in forumReply +quote
 

By *ellhungvwe OP   Man
over a year ago

Cheltenham

Nothing Truss has said would require a proportionate response of movement to the highest nuclear alert by the Russians. We should keep it level headed here.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Nothing Truss has said would require a proportionate response of movement to the highest nuclear alert by the Russians. We should keep it level headed here."

True, but she hasn’t go a clue what she is doing, she is just like Boris, more interested in photo ops than doing her job

Reply privatelyReply in forumReply +quote
 

By *abioMan
over a year ago

Newcastle and Gateshead

Even the Swiss have joined the financial boycott… you know when the Swiss climb off the fence it’s bad

Reply privatelyReply in forumReply +quote
 
 

By *I TwoCouple
over a year ago

PDI 12-26th Nov 24

I wouldn't say going from 110 to 128 was a complete meltdown but definitely a negative effect

Reply privatelyReply in forumReply +quote
Post new Message to Thread
back to top