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OT: World Politics

Almost half of their government debt is denominated in foreign currency (mostly ¥) and they have have low foreign currency reserves, they would further tank the lira to build that up.

They were/are very vulnerable to… an increase in US interest rates. This could be seen from a mile away.
 
CH1 said:
The left shouldn’t be seen as “we don’t care about borders”
Click to expand...


That is definitely a thing a lot of far lefties believe though. That national borders shouldn’t be a thing and all the Western countries have a moral responsibility to throw their doors open to everyone.
 
There is a legitimate moral dissonance required in the application of border controls, immigration and refugee admission. Governments are choosing to put resources towards citizens to help them go from a 4 to a 6 over helping immigrants go from a 1 to a 4. All be virtue of winning the birth lottery and being born in the right place. I'm not disagreeing with this practice, and I've benefited hugely by it, but philosophically I think it's ...complex.
 
Just reviewing the Checklist for Putin's invasion of Ukraine:

- Make NATO Stronger - check
- Encourage more countries to join NATO - check
- Make the EU Stronger - check
- Encourage more countries to join the EU - check
- Show the world Russia's true imperialist agenda - check
- Destroy Russian military assets that could be used in future wars - check
- Drain the country of combat-age youth that could be used in future wars - check
- Force Europe to investigate efficiency upgrades and alternate fuel sources over purchasing oil and gas from Russia - check


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