davywavy: (Default)
[personal profile] davywavy

Because Vladimir Putin has less money to play with now than the Soviet Union did 25 years ago, and that's *before* you take inflation into account.

Date: 2014-03-03 05:57 pm (UTC)
From: [identity profile] zenicurean.livejournal.com
Oh Russia, never change.

Date: 2014-03-03 06:21 pm (UTC)
From: [identity profile] davywavy.livejournal.com
It's interesting looking at the numbers. In 1989 the GDP of the Soviet Union was c$2.5trn and they spent 27% of that on the military.
By comparison Russia now has a GDP of c$2.2trn, and spends 4.4%.

They're no threat. Really.

Date: 2014-03-04 10:30 pm (UTC)
From: [identity profile] zenicurean.livejournal.com
Well, I suppose that's sensible enough. Back in the old days it was much more about trying to punch in NATO's general weight range in all sorts of interesting and exotic settings and ways, and these days it's by necessity more of a variation on the traditional "Vigorously police select bits of Russia's precious historical near-abroad."

They also seem to have lost their Bond villain privileges.
Edited Date: 2014-03-04 10:42 pm (UTC)

Date: 2014-03-03 08:49 pm (UTC)
matrixmann: (Wasteland Ranger)
From: [personal profile] matrixmann
America doesn't have money either.

Date: 2014-03-04 09:04 am (UTC)
From: (Anonymous)
They can print all the renmimbi they need.

Date: 2014-03-04 09:32 am (UTC)
matrixmann: (Wasteland Ranger)
From: [personal profile] matrixmann
Foreign banks want securities.
It's not like it is with their home banks.
Edited Date: 2014-03-04 09:40 am (UTC)

Date: 2014-03-04 04:57 pm (UTC)
From: (Anonymous)
I refer you to my previous statement.

Date: 2014-03-04 11:29 am (UTC)
From: [identity profile] davywavy.livejournal.com
Despite that, they have spent nine times more of it on their military than Putin every year for the last decade.

Date: 2014-03-04 01:22 pm (UTC)
matrixmann: (Wasteland Ranger)
From: [personal profile] matrixmann
Russia doesn't have NATO and bases round the globe.

Date: 2014-03-04 02:56 pm (UTC)
From: [identity profile] davywavy.livejournal.com
Another good reason why Putin isn't going to kick off.

Date: 2014-03-04 03:09 pm (UTC)
matrixmann: (Wasteland Ranger)
From: [personal profile] matrixmann
And also another good reason why overseas likely isn't going to kick off, too.
Their bases already cost enough.
And if the American people are willing in their economical crisis to support another war while the state cuts anything else of public life down...

Date: 2014-03-04 05:04 pm (UTC)
From: (Anonymous)
And that ratio will increase as Russian capital moves west to more sane administrations.

Date: 2014-03-04 10:22 pm (UTC)
ext_3375: Banded Tussock (Banded Tussock)
From: [identity profile] hairyears.livejournal.com
Economic sanctions, then?

The recent banking crisis in Cyprus is instructive: the Russian government intervened to protect participants in large-scale money-laundering and tax evasion. It was never about 'deposits' and certainly not about 'foreign investment': the money churning through those banks was (and still is) somewhere between a quarter and a half of Russia's non-mineral GDP.

You might want to think about that: a government colluding in economic warfare against their own country's economy.

The really big stuff goes through London's banking institutions by way of Britain's overseas dependencies. Big enough amounts to distort an entire country's currency and the economy (and almost incidentally, the capital's property market); large enough that the cash flow is both known to and condoned by the governments of both countries, down to the last signature, certificate, and football club. It can safely be assumed that all concerned are known and trusted as supporters of their respective regimes.

Supporters, financial contributors, and members.

Who would make 'war' by economic means on whom?

Date: 2014-03-05 09:08 am (UTC)
From: (Anonymous)
I know on whom - us, the people.

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