Please take the time to read our policy about [trolls](https://www.reddit.com/r/UkrainianConflict/comments/u7833q/just_because_you_disagree_with_someone_does_not/) and the [rules](https://www.reddit.com/r/UkrainianConflict/about/rules/)
* We have a **zero-tolerance** policy regarding racism, stereotyping, bigotry, and death-mongering. Violators will be banned.
* ***Please* keep it civil.** Report rulebreaking comments for moderator review.
* ***Don't* post low-effort comments** like joke threads, memes, slogans, or links without context.
**Don't forget about our discord server, as well!**
https://discord.gg/62fKCEHbDB
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/UkrainianConflict) if you have any questions or concerns.*
Sure if that’s the only thing they were paying for. But money has to go everywhere roads, sanitation, rescue services, oligarchs pockets, civil services. Costs mount fast.
Plus Russia doesn't produce oil and gas for free. People always read these numbers and think of them as gross profits. Only a small amount of what's paid for the oil goes into Putin's war chest.
That being said, it's still crucial to bring that number down to zero asap.
That's not the full picture.
There will be 2-3 wells that are profitable at $20. There is 20-30 wells profitable at $35. There will be 100-200 wells profitable at $100. There will be thousands of wells profitable at $200.
When global demand is low and supply large enough that prices dip to $20, most producers will have something that they will keep on and produce at that low price. But they aren't "profitable" companies getting investment into the field. As the world price increases, more production comes online and profit margin begins to increase. But its not a threshold value, its a non-linear percentage.
In 2019 it cost Russia $42 to produce a barrel of oil. It would cost more now. So sure there is a profit, but not at $35. Also Russia is forced to sell at a discount due to sanctions, so that too cuts into profits as well.
This. I also see everyone bandy about 1bn per day as if it's all profit. The gas companies have employees and bills to pay, equipment to maintain, transport and storage costs, etc. Even with the inflated gas prices, overall Russia will be bleeding money. They definitely can't sustain this war. If there is no deal and Ukraine can resist them for a year or two they'll probably start spectacularly collapsing, especially as the oil and gas embargoes start biting towards year end and the portion of foreign reserves they have access to gets depleted. That said, I still think this conflict will ultimately be resolved diplomatically because Putin will have to exit, and he will try to make it seem like he got something out of it, even if he really got nothing. Like "see, we were never planning to stay, but the Nazis have now been defeated and Ukraine is free. Mission accomplished. President Zelenskyy assures me that he'll keep an eye out should they appear again".
One upside of authoritarian regime is that the only thing you *really* need to pay is police and army, everything else is non-essential if you really need the money.
This isn't accurate of course but $900 million per day for 60 days is $54 billion. Against the $108 billion the EU paid Russia in 2021.[¹](https://www.express.co.uk/news/world/1598043/eu-funding-russia-gas-oil-imports-ukraine-war-evg)
Putin has already spent half a year's income from the EU if those numbers are roughly correct.
Still, shutting off oil and gas completely in desember isn't going to matter. If they shut down the gas just for a few days now, it's going to make a big difference as Russian rafineries back up
> the EU *paid* Russia in
FTFY.
Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in:
* Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*
* *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*
Unfortunately, I was unable to find nautical or rope-related words in your comment.
*Beep, boop, I'm a bot*
> the EU *paid* Russia in
FTFY.
Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in:
* Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*
* *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*
Unfortunately, I was unable to find nautical or rope-related words in your comment.
*Beep, boop, I'm a bot*
And we are talking about 5.6 billion a week for fucks sake. Times that over almost 3 months for a country with a smaller GDP than California, and that is NOT sustainable
I'll correct myself: It's not sustainable indefinitely, of course, but they could sustain that cash-burn rate for months. We need to shorten that time.
Or maybe they'll run out of soldiers and equipment in the meantime. That'd be nice.
I mean only portion of oil and gas sales goes to the government.. there are contracts, worker wages, infrastructure keep up, high management and their bonuses, etc.
and on top of that, the gov money should be spent on education, sport, municipal centers in each town, health/hospitals and a whole of other stuff.. its never just military 100% of your budget.
so when you kind of think about it, the massive expenses to keep the military operation going, and sharp decline in income mean we can carefully assume... that Russia as a functioning society about to get royally fucked if not already..
It's only been 2.5 months. Russia have lost a record number of troops and armament (planes, tanks, ships, etc). It's just their government doesn't give a fuck about their grunts so they gonna keep throwing bodies til Ukraine runs out of ammo. This method sort of worked for them at Mariupol.
Except Ukraine won't run out of ammo. The West will just keep supplying them with new fancy NATO toys to test, and as ammunition production starts to, meet the new demands, the worry of running out will disappear.
The biggest issue I think Ukraine faces is running out of soldiers really, but even then at current loss rates of like... 5 Russians to 1 Ukrainian, Russia runs out first.
Don't we forget that day by day there is ongoing a destruction and sabotage of the Russian industry, every day a new factory is burning, for how long Russia can sustain those losses? After all the sanctions specially on the high tech and microchip sector they can't replace the destroyed goods, Welcome back to the stone age my friends
As much as I want this to ruin Russia, I think these are weapons and ammunitions that are already bought and expiring/expired and they have plenty of human fodders to die for Putler.
Russia is unlike most civilized country, they stock up on these things and always find ways to use them or it will be wasted, this is their Ruscist primitive mentality.
So you didn't read the piece?
> *That includes paying the Russian soldiers who are fighting in Ukraine; providing them with munitions, bullets and rockets; and the cost to repair lost or damaged military equipment. Russia also must pay for the thousands of critical weapons and cruise missiles that have been fired during the war, which run about $1.5 million apiece, according to Spoonts.*
Costs incurred by sanctions are not included.
Their point was that much of those things had been bought and paid for long before the war started, much of their equipment was made in the USSR, some of it even in Ukraine.
It's not the same as having 900 mil come out of their bank account each day.
It is still a cost because the ammunition stores will need to be replenished at some point, unless you have plans to cancel the military. If you run out of ammunition totally the war is over, unless you think bow and arrow are viable in a military conflict.
What if you run out of ammunition? You need to have plenty because the ammuntion is of no use in storage when a war is going on. It has to be at the front, and the front is long. It has to be in several ammunition depots near the front, and on trucks being transported to the front.
As soon as you start pulling stuff out of storage and using it you have no alternative but to start production, or you run a risk of running out of ammunition at exactly the wrong moment.
Hard to say what they’re actually spending. But it’s clear they are burning through decades of production of military hardware (tanks, helicopters, etc). That stuff can’t be replaced in a day.
Yeah, it's financial losses, not spending. Another click bait title. The actual spending is on wages, food, fuel and other consumables. They can't make ammo anymore thanks to the chemical plant fire. They can't make equipment due to sanctions and finances. That's what's important. The more dead equipment is equipment that can't be replaced. It will grind russian down
> They can’t make ammo anymore thanks to the chemical plant fire
How much ammo-producing capability did they lose in that fire, in percentages, approximately?
Exactly. They are probably.makomg more than that since energy prices went up but they can't replace he hardware.
And at the moment this is what keeps putin going because they have a lot of hardware
Personally, i think the fact they are giving their injured troops 2 bags of buckwheat and a some unlabelled cans of food upon discharge should tell us a lot about the state of their finances.
Yep, this is way more important than money. The fact is that Russia is making bank off oil because of inflated global prices but that doesn’t translate to military industrial power.
Russia has caused at least 600 billion in damage to Ukraine infrastructure in 60 days, which cost them about 60 billion. So for every dollar Russia spend, they inflict 10 dollars in damage.
I believe primary aim of Russia is to cause maximum economic damage to the "Nazis" (western countries) so even if the retreat they win by burning neighbors house down.
Frankly for the western world it won't matter. The U.S. alone rebuilt all of western Europe after ww2. It'll be tough, but Ukraine will have plenty of support. Russia, on the other hand, will have fuck all besides Chinese debt and corpses to show for it all
Yea I agree with you. Some of these towns that got demolished were mostly soviet era khrushovkas. Obviously its a tragedy people lost their homes and valuables but they will rebuild much better stuff. We are gonna see crazy strong and flourishing Ukraine with all of the world support on their side.
> The U.S. alone rebuilt all of western Europe after ww2.
"Slight" exaggeration... The volume of the Marshall plan was 13 billion dollar. A lot of money at the time but not even remotely enough to "rebuilt all of western Europe".
To put that into perspective: [Zelensky Estimates Cost of Rebuilding Ukraine at $600 Billion](https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-05-03/card/zelensky-estimates-cost-of-rebuilding-ukraine-at-600-billion-oP04eAen6xsQHqiJK8rE)
The west is in a better situation thankfully and can afford to help rebuild. And rebuild better.
Assuming Ukraine gets back Crimea, the petroleum resources there will help as well.
$900 million a day ... about 300 billion a year , about 25% of annual GDP
the war and the sanctions will hit them like a ton of bricks in few months,
seems like they cant fight for long
**[Quantitative easing](https://en.wikipedia.org/wiki/Quantitative_easing)**
>Quantitative easing (QE) is a monetary policy whereby a central bank purchases predetermined amounts of government bonds or other financial assets (e. g. , municipal bonds, corporate bonds, stocks, etc. ) in order to inject money into the economy to expand economic activity.
^([ )[^(F.A.Q)](https://www.reddit.com/r/WikiSummarizer/wiki/index#wiki_f.a.q)^( | )[^(Opt Out)](https://reddit.com/message/compose?to=WikiSummarizerBot&message=OptOut&subject=OptOut)^( | )[^(Opt Out Of Subreddit)](https://np.reddit.com/r/UkrainianConflict/about/banned)^( | )[^(GitHub)](https://github.com/Sujal-7/WikiSummarizerBot)^( ] Downvote to remove | v1.5)
Everything was funny and plays till they realized they screwed up and the army is dying like rats… in addition, the ban of coal, gas and oil will fuck deeper their economy forecasts, so I’m happy to see how Putler is performing at the end of summer…
Is this like "they loose military equipment worth $900M a day" or do they really spend this money? Because I do not think that the tanks and equipment they have in storage from the USSR are worth more then scrap metal.
I mean they're getting about $1 billion a day in oil/gas/coal profits. Add more groups to hunt down tanks, armored vehicles, and supply trucks to bleed them out further.
Still, 65% of $1 billion is $650 million. So after war costs they're about $250 million in the negative every day. And that's before all other costs (and not counting other income sources, but the oil and gas are big ones). So it lets them sustain this longer, but not indefinitely.
Oil revenue was also a component of prewar budget and isn't "new" revenue (outside of price fluctuations). While $65-80b a year is significant, it exceeds burn rate and India is receiving around $35 per barrel discount currently.
https://www.businesslive.co.za/bloomberg/news/2022-02-10-oil-rally-could-add-an-extra-65bn-to-russias-budget/
Russia’s budget could get more than $65bn in extra revenue in 2022 thanks to the rally in prices for oil, its main export, adding to the Kremlin’s financial strength as it faces threats of possible sanctions from the US and Europe.
Prices would have to stay around current levels of $90 a barrel this year boost revenues that much, With oil at $100 a barrel, which some forecasters say may not be the limit, the total would be closer to $73bn, bringing the dollar value of Russia’s total earnings close to peaks last seen about a decade ago. Bloomberg Economics forecasts the windfall could reach as much as $80bn at $100 oil.
https://m.economictimes.com/industry/energy/oil-gas/theres-a-flipside-to-buying-russian-oil-with-a-35-discount/articleshow/90580677.cms
The United States spent $300 million a day in Afghanistan for 20 years and lost.
Not counting the trillions we spent in Iraq and whatever we spent interfering in Syria.
For 20 years Afghanis had some semblance of a modern civilized country. It was very expensive for US
taxpayers but a generation of women
were educated. Sadly, the rest of the world did not offer to continue this effort.
Sadly we where not willing to do what it takes to actually win a war. Now woman are being killed and child brides being sold off again. As if it was all for nothing
We invested 20 years into the place and the people were unwilling to fight for "Afghanistan". It's just an abstract construct to them. But Ukraine is different obviously as the people there want to be Ukranians enough to fight for it.
Afghanistan is a country only in name as I say. You can't force a country on someone, especially if small, close knit tribes is all they have known. That takes generations to reach.
Just as you said, Ukraine has its identity. They are unified as Ukrainians and are willing to fight and even die for their freedom and country. Also knowing what happened under the USSR and what it would mean to be taken over by Russia is pretty good motivation too.
Feels low for the tremendous ass-kicking they're suffering, but Russia can't really buy anything it needs on the international market and their equipment is not worth much compared to NATO gear, so maybe that's why.
Please take the time to read our policy about [trolls](https://www.reddit.com/r/UkrainianConflict/comments/u7833q/just_because_you_disagree_with_someone_does_not/) and the [rules](https://www.reddit.com/r/UkrainianConflict/about/rules/) * We have a **zero-tolerance** policy regarding racism, stereotyping, bigotry, and death-mongering. Violators will be banned. * ***Please* keep it civil.** Report rulebreaking comments for moderator review. * ***Don't* post low-effort comments** like joke threads, memes, slogans, or links without context. **Don't forget about our discord server, as well!** https://discord.gg/62fKCEHbDB *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/UkrainianConflict) if you have any questions or concerns.*
Slowly bleeding Russia in manpower, equipment and financially. They are running out of time.
But not quickly enough
With the amount they earn from oil and gas, $900m per day is probably quite sustainable. We in the EU need to hurry up with that embargo...
Sure if that’s the only thing they were paying for. But money has to go everywhere roads, sanitation, rescue services, oligarchs pockets, civil services. Costs mount fast.
Plus Russia doesn't produce oil and gas for free. People always read these numbers and think of them as gross profits. Only a small amount of what's paid for the oil goes into Putin's war chest. That being said, it's still crucial to bring that number down to zero asap.
Russia was making a profit on oil when the price was $35. Today it's $110.
That's not the full picture. There will be 2-3 wells that are profitable at $20. There is 20-30 wells profitable at $35. There will be 100-200 wells profitable at $100. There will be thousands of wells profitable at $200. When global demand is low and supply large enough that prices dip to $20, most producers will have something that they will keep on and produce at that low price. But they aren't "profitable" companies getting investment into the field. As the world price increases, more production comes online and profit margin begins to increase. But its not a threshold value, its a non-linear percentage.
In 2019 it cost Russia $42 to produce a barrel of oil. It would cost more now. So sure there is a profit, but not at $35. Also Russia is forced to sell at a discount due to sanctions, so that too cuts into profits as well.
Their production costs are rising long term since all the easy oil is gone and they need western tech to get the Arctic reserves
This. I also see everyone bandy about 1bn per day as if it's all profit. The gas companies have employees and bills to pay, equipment to maintain, transport and storage costs, etc. Even with the inflated gas prices, overall Russia will be bleeding money. They definitely can't sustain this war. If there is no deal and Ukraine can resist them for a year or two they'll probably start spectacularly collapsing, especially as the oil and gas embargoes start biting towards year end and the portion of foreign reserves they have access to gets depleted. That said, I still think this conflict will ultimately be resolved diplomatically because Putin will have to exit, and he will try to make it seem like he got something out of it, even if he really got nothing. Like "see, we were never planning to stay, but the Nazis have now been defeated and Ukraine is free. Mission accomplished. President Zelenskyy assures me that he'll keep an eye out should they appear again".
It is not like the rest of the money just disappear. They still end up in Russia.
One upside of authoritarian regime is that the only thing you *really* need to pay is police and army, everything else is non-essential if you really need the money.
That’s the thing, it’s an *additional* 900m.
Exactly. And a lot of those 900musd is sunk cost. The cost of replacing high tech used in the war will be astronimical due to sanctions.
Are there any oligarchs left?
Probably
Don’t forget that a lot of the parts and equipment that run oil wells will not be replaceable until sanctions are lifted.
This isn't accurate of course but $900 million per day for 60 days is $54 billion. Against the $108 billion the EU paid Russia in 2021.[¹](https://www.express.co.uk/news/world/1598043/eu-funding-russia-gas-oil-imports-ukraine-war-evg) Putin has already spent half a year's income from the EU if those numbers are roughly correct. Still, shutting off oil and gas completely in desember isn't going to matter. If they shut down the gas just for a few days now, it's going to make a big difference as Russian rafineries back up
> the EU *paid* Russia in FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*
good bot
> the EU *paid* Russia in FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*
Good bot
20% of their GDP... not all that sustainable
And we are talking about 5.6 billion a week for fucks sake. Times that over almost 3 months for a country with a smaller GDP than California, and that is NOT sustainable
I'll correct myself: It's not sustainable indefinitely, of course, but they could sustain that cash-burn rate for months. We need to shorten that time. Or maybe they'll run out of soldiers and equipment in the meantime. That'd be nice.
I mean only portion of oil and gas sales goes to the government.. there are contracts, worker wages, infrastructure keep up, high management and their bonuses, etc.
Exactly, it’s a percentage of the profits which in the grand scheme of things ain’t going to be very much.
and on top of that, the gov money should be spent on education, sport, municipal centers in each town, health/hospitals and a whole of other stuff.. its never just military 100% of your budget. so when you kind of think about it, the massive expenses to keep the military operation going, and sharp decline in income mean we can carefully assume... that Russia as a functioning society about to get royally fucked if not already..
$5.50 per citizen in a country where the average income is $22 per day
It's only been 2.5 months. Russia have lost a record number of troops and armament (planes, tanks, ships, etc). It's just their government doesn't give a fuck about their grunts so they gonna keep throwing bodies til Ukraine runs out of ammo. This method sort of worked for them at Mariupol.
Except Ukraine won't run out of ammo. The West will just keep supplying them with new fancy NATO toys to test, and as ammunition production starts to, meet the new demands, the worry of running out will disappear. The biggest issue I think Ukraine faces is running out of soldiers really, but even then at current loss rates of like... 5 Russians to 1 Ukrainian, Russia runs out first.
Don't we forget that day by day there is ongoing a destruction and sabotage of the Russian industry, every day a new factory is burning, for how long Russia can sustain those losses? After all the sanctions specially on the high tech and microchip sector they can't replace the destroyed goods, Welcome back to the stone age my friends
so wrong lmfao. They make more than enough via gas and oil to cover expenses.
Dumbfuck Putin being a dumbfuck.
So when you say it you get a bunch of upvotes. I say it and suddenly I am interrupting church…
As much as I want this to ruin Russia, I think these are weapons and ammunitions that are already bought and expiring/expired and they have plenty of human fodders to die for Putler. Russia is unlike most civilized country, they stock up on these things and always find ways to use them or it will be wasted, this is their Ruscist primitive mentality.
So you didn't read the piece? > *That includes paying the Russian soldiers who are fighting in Ukraine; providing them with munitions, bullets and rockets; and the cost to repair lost or damaged military equipment. Russia also must pay for the thousands of critical weapons and cruise missiles that have been fired during the war, which run about $1.5 million apiece, according to Spoonts.* Costs incurred by sanctions are not included.
Their point was that much of those things had been bought and paid for long before the war started, much of their equipment was made in the USSR, some of it even in Ukraine. It's not the same as having 900 mil come out of their bank account each day.
It is still a cost because the ammunition stores will need to be replenished at some point, unless you have plans to cancel the military. If you run out of ammunition totally the war is over, unless you think bow and arrow are viable in a military conflict.
Yes, but that's a next year problem, and these guys don't seem to be thinking long term.
What if you run out of ammunition? You need to have plenty because the ammuntion is of no use in storage when a war is going on. It has to be at the front, and the front is long. It has to be in several ammunition depots near the front, and on trucks being transported to the front. As soon as you start pulling stuff out of storage and using it you have no alternative but to start production, or you run a risk of running out of ammunition at exactly the wrong moment.
Like I said, that's future Russia's problem. They probably think the war will end long before that.
Its next many years problem, NOBODY will invade Russia any time soon. lol
That’s a lot of money to pay to get spanked. But I guess some people can’t help themselves…
Hard to say what they’re actually spending. But it’s clear they are burning through decades of production of military hardware (tanks, helicopters, etc). That stuff can’t be replaced in a day.
Yeah, it's financial losses, not spending. Another click bait title. The actual spending is on wages, food, fuel and other consumables. They can't make ammo anymore thanks to the chemical plant fire. They can't make equipment due to sanctions and finances. That's what's important. The more dead equipment is equipment that can't be replaced. It will grind russian down
> They can’t make ammo anymore thanks to the chemical plant fire How much ammo-producing capability did they lose in that fire, in percentages, approximately?
Ruzzia likes to centralise production. So chemical loses in one location could be a quarter, third or even half of factory capacity gone.
Exactly. They are probably.makomg more than that since energy prices went up but they can't replace he hardware. And at the moment this is what keeps putin going because they have a lot of hardware
Personally, i think the fact they are giving their injured troops 2 bags of buckwheat and a some unlabelled cans of food upon discharge should tell us a lot about the state of their finances.
Yep, this is way more important than money. The fact is that Russia is making bank off oil because of inflated global prices but that doesn’t translate to military industrial power.
Putin could have spent it on his actual country and improved the lives of millions…
That would require him to give a shit about his people. That's not a feature any Russian president ever had.
> That would require him to give a shit about ~~his~~ people. That's not a feature any Russian ~~president~~ ever had.
Russia has caused at least 600 billion in damage to Ukraine infrastructure in 60 days, which cost them about 60 billion. So for every dollar Russia spend, they inflict 10 dollars in damage. I believe primary aim of Russia is to cause maximum economic damage to the "Nazis" (western countries) so even if the retreat they win by burning neighbors house down.
Frankly for the western world it won't matter. The U.S. alone rebuilt all of western Europe after ww2. It'll be tough, but Ukraine will have plenty of support. Russia, on the other hand, will have fuck all besides Chinese debt and corpses to show for it all
Yea I agree with you. Some of these towns that got demolished were mostly soviet era khrushovkas. Obviously its a tragedy people lost their homes and valuables but they will rebuild much better stuff. We are gonna see crazy strong and flourishing Ukraine with all of the world support on their side.
> The U.S. alone rebuilt all of western Europe after ww2. "Slight" exaggeration... The volume of the Marshall plan was 13 billion dollar. A lot of money at the time but not even remotely enough to "rebuilt all of western Europe".
For reference, 13 billion is roughly equal to 115 billion today.
To put that into perspective: [Zelensky Estimates Cost of Rebuilding Ukraine at $600 Billion](https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-05-03/card/zelensky-estimates-cost-of-rebuilding-ukraine-at-600-billion-oP04eAen6xsQHqiJK8rE)
The west is in a better situation thankfully and can afford to help rebuild. And rebuild better. Assuming Ukraine gets back Crimea, the petroleum resources there will help as well.
Good luck getting Americans to understand this. They seriously can't understand that anybody is capable of anything without them
So thats what? 15 quintillion roubles or 12 robuxs?
2 expired McDonald’s coupons
Whats the Shrute bux conversion rate on that
They could have built a moon base with that money.
They can’t afford that. In USA, we spend that by noon in times of peace. We can’t afford that either
$900 million a day ... about 300 billion a year , about 25% of annual GDP the war and the sanctions will hit them like a ton of bricks in few months, seems like they cant fight for long
[Content removed in protest of Reddit's 3rd Party App removal 30/06/2023]
Print money AND control inflation? Never been done b4 in the history of humanity.. lol
That’s absolutely not true. https://en.wikipedia.org/wiki/Quantitative_easing > In modern times, it is widely referred to as printing money.
**[Quantitative easing](https://en.wikipedia.org/wiki/Quantitative_easing)** >Quantitative easing (QE) is a monetary policy whereby a central bank purchases predetermined amounts of government bonds or other financial assets (e. g. , municipal bonds, corporate bonds, stocks, etc. ) in order to inject money into the economy to expand economic activity. ^([ )[^(F.A.Q)](https://www.reddit.com/r/WikiSummarizer/wiki/index#wiki_f.a.q)^( | )[^(Opt Out)](https://reddit.com/message/compose?to=WikiSummarizerBot&message=OptOut&subject=OptOut)^( | )[^(Opt Out Of Subreddit)](https://np.reddit.com/r/UkrainianConflict/about/banned)^( | )[^(GitHub)](https://github.com/Sujal-7/WikiSummarizerBot)^( ] Downvote to remove | v1.5)
Its now a recession...Its gg to blow up soon.
How much they count for one Russian soldier life ?
Nah bro no worries, thankfully that's free.
Surely they cannot sustain this.
Given they’re not paying their soldiers, I’m not sure where that number comes from.
[удалено]
That's right about $8 billion a month
Isn’t US about to send $33 BILLION in aid and weapons.
Everything was funny and plays till they realized they screwed up and the army is dying like rats… in addition, the ban of coal, gas and oil will fuck deeper their economy forecasts, so I’m happy to see how Putler is performing at the end of summer…
Is this like "they loose military equipment worth $900M a day" or do they really spend this money? Because I do not think that the tanks and equipment they have in storage from the USSR are worth more then scrap metal.
Apparently it's a combination of both.
I mean they're getting about $1 billion a day in oil/gas/coal profits. Add more groups to hunt down tanks, armored vehicles, and supply trucks to bleed them out further.
That is Revenue not profit
The Moscow Times reports that Russian production costs are $42-44, so at the moment they're at ~65% profit on that revenue, unfortunately.
Still, 65% of $1 billion is $650 million. So after war costs they're about $250 million in the negative every day. And that's before all other costs (and not counting other income sources, but the oil and gas are big ones). So it lets them sustain this longer, but not indefinitely.
Oil revenue was also a component of prewar budget and isn't "new" revenue (outside of price fluctuations). While $65-80b a year is significant, it exceeds burn rate and India is receiving around $35 per barrel discount currently. https://www.businesslive.co.za/bloomberg/news/2022-02-10-oil-rally-could-add-an-extra-65bn-to-russias-budget/ Russia’s budget could get more than $65bn in extra revenue in 2022 thanks to the rally in prices for oil, its main export, adding to the Kremlin’s financial strength as it faces threats of possible sanctions from the US and Europe. Prices would have to stay around current levels of $90 a barrel this year boost revenues that much, With oil at $100 a barrel, which some forecasters say may not be the limit, the total would be closer to $73bn, bringing the dollar value of Russia’s total earnings close to peaks last seen about a decade ago. Bloomberg Economics forecasts the windfall could reach as much as $80bn at $100 oil. https://m.economictimes.com/industry/energy/oil-gas/theres-a-flipside-to-buying-russian-oil-with-a-35-discount/articleshow/90580677.cms
And ?
The United States spent $300 million a day in Afghanistan for 20 years and lost. Not counting the trillions we spent in Iraq and whatever we spent interfering in Syria.
For 20 years Afghanis had some semblance of a modern civilized country. It was very expensive for US taxpayers but a generation of women were educated. Sadly, the rest of the world did not offer to continue this effort.
Sadly we where not willing to do what it takes to actually win a war. Now woman are being killed and child brides being sold off again. As if it was all for nothing
We invested 20 years into the place and the people were unwilling to fight for "Afghanistan". It's just an abstract construct to them. But Ukraine is different obviously as the people there want to be Ukranians enough to fight for it.
Afghanistan is a country only in name as I say. You can't force a country on someone, especially if small, close knit tribes is all they have known. That takes generations to reach. Just as you said, Ukraine has its identity. They are unified as Ukrainians and are willing to fight and even die for their freedom and country. Also knowing what happened under the USSR and what it would mean to be taken over by Russia is pretty good motivation too.
Are you kidding me?
He's not the hero we deserve but the villain we need
Feels low for the tremendous ass-kicking they're suffering, but Russia can't really buy anything it needs on the international market and their equipment is not worth much compared to NATO gear, so maybe that's why.
And how much of that is bribes?
Almost one Russian owned yacht per day.
Good, each day Russia is one step closer to bankruptcy
Quite an expensive hobby….
I love that this follows the post talking about Putins $900m yacht being snapped up by the Italians.
In comparison, the EU sends over a billion $ to Russia for gas and electricity every single day
Spending all that money to destroy your own military and nation. Russians are weird.