OT: World Politics
- Thread starter zeke
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zeke
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MindzEye
Wayward Ditch Pig
Putin's clash with Russia's top banker shows increasing disconnect over war economy, experts say
A recent clash between Russian President Vladimir Putin and Sberbank CEO German Gref shows an increasing disconnect between the Kremlin and Russia's economic community, experts say. Gref, head of Russia's largest bank, told the Eastern Economic Forum on Sept. 5 that Russia's GDP growth had...
kyivindependent.com
WeHaveMoreCupsThanYou
I will get banned again soon, worry not.
A clash which will involve open windows.
zeke
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leafman101
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LeafGm
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MindzEye
Wayward Ditch Pig
Ehhh...its happening, but like everything with national sized economies, it happens slowly.
I think you're also mistaking this as the same voices saying the same thing over a period of time. Other observers are starting to catch on that this isn't crazy to consider anymore.
worm
Well-known member
MindzEye
Wayward Ditch Pig
Thing is, it's going to take more than just buying their stuff. It's going to be shit like buying their bonds, and actually floating them 10's-100's of billions in loans or other backing that they're just flat out unlikely to get back. China & India are already buying their shit and it's not nearly been enough to keep Russia floating.
MindzEye
Wayward Ditch Pig
Plus Ukraine's ability to often and consistently strike Russia's main sources of war income is relatively recent. More drones/missiles coming online should, hopefully, speed up the process.
In a weird, fucked up way, the Trump election was good for them. Have to remember, the Biden administration was horrible for slow rolling aid to Ukraine and pushing them to not hit the Russian oil industry. It wasn't until May 2024 that Biden gave "secret" permission for Ukraine to actually blow stuff up inside of Russia but even then, O&G was more or less off the table with the threat of aid slowdowns, etc if they didn't listen.
Trump cutting the cord on aid removed all Ukie concern on the matter and within like 6 months have knocked something in the range of 20% of Russian production off line with more coming now that better long range systems are coming on line.
Who knew that committing to actually fighting a war could lead to actually winning it?
MindzEye
Wayward Ditch Pig
You kid, but honestly, I like the man and being the first black President is an achievement that is even bigger now given the reaction to it. But I can't help but see naivety and missing the moment when I look back at it with the benefit of hindsight. He saved the economy, but failed to take the opportunity to meaningfully restructure it. He was super soft on Russia and the 2014 annexation of Crimea which is starting to look like it belongs in the bucket with Chamberlain's appeasement of the Nazi's. He didn't take the Republican tilt towards authoritarianism seriously and like most democrats just saw it as partisan parliamentary gamesmanship.
A lot of the things we continue criticize mainstream democrats for today were the prevailing thoughts of Obama 15 years ago. They were wrong then, and they're beyond wrong now.
Biden was a good president, but at a time where American needed a transformative president...so again, missed the moment.
WeHaveMoreCupsThanYou
I will get banned again soon, worry not.
If Obama had spent the first 2 years of his first term ramming progressive legislation down the throats of the GOP when he had a supermajority, Americans would be much better off today. Once he lost the midterms he was a lame duck.
And let's face it. The Pelosi's, Clinton's and Schumer's of the Democratic Party didn't want anything progressive passed either.
And let's face it. The Pelosi's, Clinton's and Schumer's of the Democratic Party didn't want anything progressive passed either.
worm
Well-known member
Pretty sure he was a communist
lecoqsportif
Well-known member
He compromised on health care, the big item, and it just blew up in the Tea Party Klan freak out (which was astroturf.) It can all be re-litigated, but that was DOA because there was no political will across the board.
He had an opportunity to really correct the banks after the bailouts and he didn’t. He literally told them he was what was standing between and pitch forks but took only mild measures to reign in those pricks. And then the entitled finance princelings turned on him.
In both those cases, and Syria/Russia (among others), he came across as naive.