War with Russia

[Pinno718]

I wonder/hope that the same influence will be blocking Putin from anything nuclear.

But as Putin gets more and more desperate I do worry that at some point it's end of Putin vs ignoring Chinese constraints and Putin will chose self-preservation.

Self preservation - stuck in a bunker, all around is destruction and nothing of any value left to surface for?

Unless he goes yeehaw Dr Strangeglove style strapped to an ICBM.

 

[Psamathe]

Self preservation - stuck in a bunker, all around is destruction and nothing of any value left to surface for?

My thoughts were along the lines of alive but stuck in a bunker, all around is destruction and nothing of any value left to surface for. vs on the ground with a 10 story vacant balcony directly above having discovered he can't fly.

 

[First Aspect]

It's a bit deeper than don't you think?
A peace deal now would mean failure of the SMO and the whole economy is geared up for the war in an almost irreversible way. The only economically palatable outcome is victory.

The quotative easing follows an odd process in Russia - the money printed will go to the banks so that the banks can buy government bonds... (?!) It's the only way they can spend it.

https://www.reuters.com/article/wor...itative-easing-may-sow-trouble-idUSBRE8AL0F7/

Not sure I fully understand - or rather I am sure I don't fully understand - but it sounds rather similar to QE here. Its a money supply via the banks. The implications for the Russian economy seem to be inflationary, while at the same time they are cranking up interest rates and increasing the cost of borrowing. This is going to lead to stagflation isn't it? I also don't understand why the banks are over leveraged. If QE is needed to stimulate lending, doesn't poor bank liquidity infer they've been doing too much lending? I also don't know if simply printing money to improve their liquidity is a good idea. I am assuming not, but it would be interesting to hear from someone more economically literate to put some of this into context.

 

[Pinno718]

Not sure I fully understand - or rather I am sure I don't fully understand - but it sounds rather similar to QE here. Its a money supply via the banks. The implications for the Russian economy seem to be inflationary, while at the same time they are cranking up interest rates and increasing the cost of borrowing. This is going to lead to stagflation isn't it? I also don't understand why the banks are over leveraged. If QE is needed to stimulate lending, doesn't poor bank liquidity infer they've been doing too much lending? I also don't know if simply printing money to improve their liquidity is a good idea. I am assuming not, but it would be interesting to hear from someone more economically literate to put some of this into context.

This seems to explain things a bit more but as an economic layman, i'm none the wiser.
Inflation is already above state ambitions @12.1% before the current QE.

 

[briantrumpet]

https://threadreaderapp.com/thread/2097246426551955493.html