Msg. 38343 of 60008 (This msg. is a reply to
38319 by
Fiz)
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Fiz > Putin pays for all his weapons with oil, Zim. He has near infinite quantities of oil. And, in spite of that, he acts like a good steward of Russian wealth.
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http://www.themoscowtimes.com › 2021 › 02 › 24 › russias-government-debt-rose-40-in-2020-a73044
Russia's Government Debt Rose 40% in 2020 - The Moscow Times
Feb 24, 2021
The Audit Chamber, Russia's government spending watchdog, said Wednesday state debt stood at 19 trillion rubles ($257 billion) at the end of 2020, equivalent to 17.8% of the country's GDP ...
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http://www.statista.com › statistics › 1187790 › national-debt-in-russia
Russia: national debt 2022 | Statista
Nov 3, 2022
National debt in Russia 2011-2022. The volume of the national debt in Russia has been increasing rather consistently over the observed period. As of January 1, 2022, the national debt exceeded 16. ...
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Which is it . . 'Peak oil has passed' . . . or 'Russia has infinite quantities of oil' ?
The two articles above suggest Russia is running deficits . . .
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Fiz > Why don't you refute my core point: If you permanently lose vast wealth with every military adventure you undertake, how many military adventures should you aim to undertake? It is not advanced math.
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'Permanently lose vast wealth' - Just What is that?
At this site there is a graphic of America's defense expenditures as a percentage of GDP.
DOD funding is near a record low as a percentage of our economy.
If one has more money than one needs . . . then one can afford to flush some of it down a toilet.
Welfare is a permanent loss of wealth.
War? The American Civil War left the U.S. with world class railroad and telegraph systems. WWI mechanized America. WWII brought U.S. sonar - fish finders for our fishermen. Radar - developed into Doppler Weather Radar. Vietnam - helicopter ambulances.
War has a habit of fast tracking the development of 'interesting technologies' from scientific curiosities to usable technologies.
Not that I am saying War pays for itself with new technologies. But, the only way anybody could claim WWII was an 'economic bonanza' for the United States would have to be basing it upon the fact that at the close of WWII 'We' had the finest manufacturies in the world.
I've not praised Putin's war in Ukraine as an example of "Art of War" thinking. On the other hand, unlike enemy-domestic Biden, he's not deficit spending, either. Russia has been preparing for many years to be able to weather a long siege without access to international capital markets. That is why US attempting to weaponize the SWIFT system didn't work and, mostly likely, is going to go down in the history books as one of the most brain-dead things a ruling empire has ever done.
Putin pays for all his weapons with oil, Zim. He has near infinite quantities of oil. And, in spite of that, he acts like a good steward of Russian wealth.
The US? We pay for everything with a credit card, pushing payments off onto our children and grandchildren. Do you have children or grandchildren? It is THEIR future Biden and his Democrats and NeoCons are squandering (curiously, with your enthusiastic support...)
Why don't you refute my core point: If you permanently lose vast wealth with every military adventure you undertake, how many military adventures should you aim to undertake? It is not advanced math.
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