• explodicle@local106.com
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    11 months ago

    TL;DR: it’s because China and India didn’t join in, and market prices gonna equilibrium.

  • Korkki@lemmy.world
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    11 months ago

    All of the sanctions and European energy security were banked on the idea that Russian frontlines would collapse under the super Nato equipped Ukrainian counterattack and then there would be a regime change in Moscow and gas would flow again. Now Ukraine is on the backfoot, there is no change in Moscow and Russia oil still flows to Europe, but only through intermediaries and loopholes, because there really never was an short to medium term alternative for it in the way the global oil market is structured. The sanctions were actual serious sanctions and their architects thought that they would actually work, but the decisions were made on faulty assumptions of effectiveness of sanctions and the structure of Russia economy.

    • mihies@kbin.social
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      11 months ago

      Sadly there were not very well equipped units in first place or there weren’t many of them, because arms industry wants a perpetual war, not a quick victory. Looks like the oil faction doesn’t know what arms industry faction does. Or they were simply delusional.

    • AlijahTheMediocre@lemmy.world
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      11 months ago

      Super NATO equipped Ukrainians is funny, because for the most part they’ve always been under equipped. If NATO hadn’t been so reserved and gave Ukraine a blank check from the get go they would have stomped Russia. Still no F-16s, Hungary and Republicans are stonewalling efforts being authoritarian sympathizers, and now Ukrainians are starting to feel ammo and manpower shortages.

  • realitista@lemmy.world
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    11 months ago

    I’ve read elsewhere that it was down 41%, and also, you have to take any numbers that Russia publishes with a big grain of salt these days, as they are hiding most fundamental economic data from the world and the best way to get it is from other sources that try to recreate it from other data.

    • Eheran@lemmy.world
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      11 months ago

      Better to be a “boot licker” than someone valuing a tiny bit of his money more than millions of lives.

      “Thought process”, sure sure.

    • TarquinNimrod
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      11 months ago

      I don’t understand your thought process here. Not meaning to be obtuse, but how did Ukraine do this? And, honestly, sorry to ask, but what does erased from the map mean? I get that it’s a complicated situation, but how on earth should it all be resolved in a way that would leave everything better, or at least not long-term worse? Thanks in advance for your insights.