Russia is in a war economy, meaning military production is cannibalizing the civilian economy for workers and resources. Builing missiles, paying for it with cash reserves like raiding the national wealth fund, and shooting them into Ukraine is increasing GDP sure, but it's not providing any actual growth. What Russia is looking at is increasingly a tremendous crash once the war economy ends.The world economy today is very different from what it was when the Soviet Union collapsed. Russian exports have not been seriously impacted by sanctions. Current economic data - 3% GDP growth, budget deficit under 2% - does not point to impending Russian collapse.
The assets themselves will hopefully at the end be used for post-war rebuilding in Ukraine.Looks like the EU will be using profits from seized Russian assets to support the Ukranians.
The assets themselves will hopefully at the end be used for post-war rebuilding in Ukraine.
Maybe the ICJ can order Russia to pay compensations and order the EU to release the seized assets for this purpose or some other similar legal solution can be found.Hopefully but the legalities I think prevent it, not sure though. Those assets yielded 4.3 billion Euros last year.
What legalities? It just needs political will. Russia's invasion of Ukraine wasn't legal, it didn't stop it.Hopefully but the legalities I think prevent it, not sure though. Those assets yielded 4.3 billion Euros last year.
Might as well go for it….Russia doesn’t recognise any laws it doesn’t like so their reaction will be the same whether sanctions are legal or not.What legalities? It just needs political will. Russia's invasion of Ukraine wasn't legal, it didn't stop it.
What legalities? It just needs political will. Russia's invasion of Ukraine wasn't legal, it didn't stop it.
Unfortunately true, but both of the named problems demand universal agreement and involvement, and so long as we have these ridiculous things called nation states that demand our allegiance, our money and our lives on the line for all sorts of selfish purposes, it's not going to happen.The rich would rather spend $trillions of the little people's money getting little people to kill each other than alleviate world hunger and environmental damage.
Tucker Carlson has been recently photographed in the audience at the Bolshoi opera house in Moscow. Seems like he is over there to do an interview with Putin (according to the inside Russia youtube channel).
If this is indeed the case then it removes all doubts about him being a Russian asset.