[HN Gopher] Russia's Hidden War Debt
___________________________________________________________________
Russia's Hidden War Debt
Author : JumpCrisscross
Score : 28 points
Date : 2025-01-12 21:45 UTC (1 hours ago)
(HTM) web link (navigatingrussia.substack.com)
(TXT) w3m dump (navigatingrussia.substack.com)
| Developerx wrote:
| Oh better look at usa national dept or how ukrainian oligarchs
| laundering money
| dragontamer wrote:
| I don't think USA is dealing with 20%+ interest rates like
| Russia is. But go on, what about the USA nation debt is related
| to the issues brought up in this article?
| Developerx wrote:
| 20%? you can take mortage for 3 percent. There are a lot of
| different programs. And even with that percent, when 85square
| apartment costs around 100k$, it's not a problem for some one
| to buy with cash or some credit. But, go on tell me more
| about 20% lol
| JumpCrisscross wrote:
| > _tell me more about 20%_
|
| They said they " _don't_ think USA is dealing with 20%+
| interest rates like Russia is," emphasis mine.
| wiseowise wrote:
| > $100k in Russia in cash
|
| > its not a problem
|
| Look, mom, I'm trolling!
| shmerl wrote:
| Better for whom, Putler and his paid bots?
| viraptor wrote:
| https://en.wikipedia.org/wiki/Whataboutism
|
| Just submit a story about it if you think it's an interesting
| topic.
| themgt wrote:
| Always useful to check past predictions from the author, e.g.
|
| _So, what would happen to those 6 million barrels a day if the
| West stopped buying? Russian officials have threatened to send it
| "elsewhere," while the media have focused on stories of stepped-
| up sales to China and India. But this threat of a redirection to
| Asia is a paper tiger._ - Apr 26, 2022
|
| https://www.politico.com/news/magazine/2022/04/26/sanction-r...
|
| _Once sanctions are fully in place, Russia's total crude and
| product exports (seaborne + land) could fall by as much as 3.3 to
| 3.9 million barrels a day from a baseline of 7.5 million barrels
| a day_ - Oct 19, 2022
|
| https://navigatingrussia.substack.com/p/putins-looming-tanke...
|
| Lots of convincing details and analysis about how oil would be
| stranded in Russia or forced to sell to the west at a deep
| discount due to the "price cap" strategy. So what are Russian oil
| exports looking like 2 years later?
|
| _Russia continues as a dominant oil exporter in 2023 despite
| global sanctions, maintaining a yearly export volume of around
| 7.5 million barrels per day (mb /d), as per analysis by the
| International Energy Agency._
|
| _With EU /UK/US markets turning away, Russia has pivoted towards
| India, China, Turkiye, and countries in the Middle East,
| retaining its position as the world's second largest oil exporter
| behind the US in 2023._
|
| https://qery.no/russian-oil-exports-pivots-towards-the-east/
|
| _According to the [IEA], Russian ... exports have remarkably
| steady around 7.5 million barrels per day (although there has
| been a big shift away from supplying the EU directly)_
|
| https://cepr.org/voxeu/columns/how-make-price-cap-russian-oi...
| wiseowise wrote:
| At what price are they exporting it right now, remind me?
| viraptor wrote:
| From your first link: "However, Russian oil export revenue saw
| a $4.2 billion decline due to G7 price caps and a fall in
| global oil prices."
| JumpCrisscross wrote:
| To be fair, China's oil demand tempered [1] and the IEA
| projected massive coming surpluses [2] in that time.
|
| [1] https://www.energypolicy.columbia.edu/chinas-slowing-oil-
| dem...
|
| [2] https://www.reuters.com/business/energy/oil-demand-set-
| peak-...
| entropyneur wrote:
| I was waiting for some sensible explanation of Russia's "economic
| miracle" and this sounds at least somewhat satisfactory. Let's
| hope the theory is true and the debt crisis comes soon enough.
___________________________________________________________________
(page generated 2025-01-12 23:00 UTC)