Business & Finance Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.

[Cherico]

West's 'economic blitzkrieg' against Russia fails: President Putin

Western countries' "economic blitzkrieg" strategy against Russia has failed, President Vladimir Putin has said at a government meeting on economic issues.

www.business-standard.com

No effect?

Its going to take at least a year before it starts affecting the Russian war effort, Russia is after all fuck off huge, has a ton of resources, gold and silver reserves that are rather large, and milliuons of people. That means they can suck this up for quite some time.

 

[strunkenwhite]

No effect?

No, there are probably some people in Russia that are actually fooled.

... and even outside it.

 

[Bacle]

West's 'economic blitzkrieg' against Russia fails: President Putin

Western countries' "economic blitzkrieg" strategy against Russia has failed, President Vladimir Putin has said at a government meeting on economic issues.

www.business-standard.com

No effect?

Its going to take at least a year before it starts affecting the Russian war effort, Russia is after all fuck off huge, has a ton of resources, gold and silver reserves that are rather large, and milliuons of people. That means they can suck this up for quite some time.

Actually, it's already started having effects, just not ones that seem as 'sexy' as some in the West might want.

Russia can no longer build more advanced weapons systems because Taiwan is not selling them chips anymore, so modern tanks and SAM systems are ending production for now.

Russia is burning through modern equipment it can no longer replace, and didn't have a lot of in the first place. Most of Russia's PGM stocks are pretty low now, same with newer artillery and TBM/IRBM systems, and they are resorting to using strategic bombing against places like Avozstol with iron bombs because they do not have deep supplies of much else anymore, and still have the Kuril's and other frontiers to guard.

The santions are meant to ensure Russia will have a lot of problems rebuilding their military strength and make sure they are not able to make high end military tech without spending shit tons of money and/or begging for help from the CCP.

 

[Floridaman]

West's 'economic blitzkrieg' against Russia fails: President Putin

Western countries' "economic blitzkrieg" strategy against Russia has failed, President Vladimir Putin has said at a government meeting on economic issues.

www.business-standard.com

No effect?

Ohhh there has been an effect. While Russia can’t make high tech systems due to chip limits.... not that we weren’t having trouble since the neon gas comes from Odessa. Europe is about to enter a major recession, and we aren’t far behind.

 

[Arch Dornan]

No, there are probably some people in Russia that are actually fooled.

... and even outside it.

With how things are economically fucked as they are with the funny money and numbers the system is run on I'm due to see more surprises this year.

 

[Arch Dornan]

Oil From U.S. Strategic Reserve Heads for Europe Amid Global Supply Crunch

A cargo of crude from the U.S. Strategic Petroleum Reserve departed a Texas port bound for Europe, a signal of increasing oil-market disarray as refiners shun Russian supplies and prices surge.

www.bloomberg.com

Want the sanctions to keep going to own the Russians you give Europe your oil.

 

[Floridaman]

Oil From U.S. Strategic Reserve Heads for Europe Amid Global Supply Crunch

A cargo of crude from the U.S. Strategic Petroleum Reserve departed a Texas port bound for Europe, a signal of increasing oil-market disarray as refiners shun Russian supplies and prices surge.

www.bloomberg.com

Want the sanctions to keep going to own the Russians you give Europe your oil.

...... this is a very bad idea. Completely using up the strategic reserves means in the event of an emergency like say us being pulled into war, we won’t have fuel available

 

[Arch Dornan]

...... this is a very bad idea. Completely using up the strategic reserves means in the event of an emergency like say us being pulled into war, we won’t have fuel available

The leaders put their chips in fucking Russia. If the EU is to play ball and wean themselves off of it and give their populace inflated energy prices to support the muh fuck Russia they need an alternative source.

 

[PsihoKekec]

Russia can no longer build more advanced weapons systems because Taiwan is not selling them chips anymore, so modern tanks and SAM systems are ending production for now.

Which is bullshit. Russia has it's own chip production and weapons for Russian armed forces are still in production. What was hit was export programs as several of the customers demanded Western components (French thermal vision for tanks for example), so without those components the orders can't be fulfilled, which causes economic damage, but does not cause interruption to deliveries of material to Russian armed forces.

There is a bit of confusion when it comes electronics in Russia, what they have shortage of is consumer electronics (and parts for it), which are indeed imported from abroad, but in specialist chips needed for military use they are fully self-sufficient, despite poor state of their industry. The problem for them would be the tooling, since they can't import new tooling they will start falling further behind in the long term, unless China develops full chip production system (with Chinese quality!) and lets them buy tooling from them. But then, China does have trouble copying a bit less complicated Russian jet engines...

 

[LordsFire]

Which is bullshit. Russia has it's own chip production and weapons for Russian armed forces are still in production. What was hit was export programs as several of the customers demanded Western components (French thermal vision for tanks for example), so without those components the orders can't be fulfilled, which causes economic damage, but does not cause interruption to deliveries of material to Russian armed forces.

There is a bit of confusion when it comes electronics in Russia, what they have shortage of is consumer electronics (and parts for it), which are indeed imported from abroad, but in specialist chips needed for military use they are fully self-sufficient, despite poor state of their industry. The problem for them would be the tooling, since they can't import new tooling they will start falling further behind in the long term, unless China develops full chip production system (with Chinese quality!) and lets them buy tooling from them. But then, China does have trouble copying a bit less complicated Russian jet engines...

Any sourcing on this? Last I checked, Russia doesn't have any top-end chip manufacture. I suppose it'd make sense that they'd be willing to use things a generation or two back if they can do it domestically, but I've not heard of such.

 

[PsihoKekec]

They got two chip manufacturers, will look up the details later, from what I remember they were abut decade behind the comparable western companies, but were considered good enough for military purposes.

 

[Cherico]

[

They got two chip manufacturers, will look up the details later, from what I remember they were abut decade behind the comparable western companies, but were considered good enough for military purposes.

Good enough to win the conventional war, good enough to win the insurgency when all of nato is supplying it?

 

[PsihoKekec]

Defeating insurgency usually does not come down to chips, otherwise USA would have won the Afghanistan.

 

[Cherico]

Defeating insurgency usually does not come down to chips, otherwise USA would have won the Afghanistan.

it turns out you cant beat insurgents with rainbow flags, learn something new with every war I guess.

 

[BlackDragon98]

Defeating insurgency usually does not come down to chips, otherwise USA would have won the Afghanistan.

Using B-52s and F-22s to bomb Taliban drug making huts did not help either.

 

[Floridaman]

Using B-52s and F-22s to bomb Taliban drug making huts did not help either.

Ehhh the taliban wasn’t making drugs that was our allies...... although that didn’t stop us from bombing the huts, as the last droning of the afghan war demonstrated.

 

[Agent23]

Ohhh there has been an effect. While Russia can’t make high tech systems due to chip limits.... not that we weren’t having trouble since the neon gas comes from Odessa. Europe is about to enter a major recession, and we aren’t far behind.

The ruble didn't tank and the Russian economy is working ok for now.
There are many countries in Asia willing to buy their exports and their trade with China is still growing.
The west is not the world, it isn't even 20%.

 

[Floridaman]

The ruble didn't tank and the Russian economy is working ok for now.
There are many countries in Asia willing to buy their exports and their trade with China is still growing.
The west is not the world, it isn't even 20%.

that was what I said, I was snarking

 

[Agent23]

Defeating insurgency usually does not come down to chips, otherwise USA would have won the Afghanistan.

Yeah, but you need those for some military and civilian equipment.
Servers don't grow on trees and all that.
Russia does have an indigenous chip manufacturing industry though, but that is woefully insufficient for all their needs.
However, there is always China.

 

[BlackDragon98]

Ehhh the taliban wasn’t making drugs that was our allies...... although that didn’t stop us from bombing the huts, as the last droning of the afghan war demonstrated.

Taliban drug labs targeted by B-52 strikes overnight - We Are The Mighty

The US Just Flew a Stealth Fighter to Bomb Drug Labs in Afghanistan | Military.com

I'm going to assume that you either forgot your red pill this morning or you just woke up from a nap.