View Poll Results: Is this Russia's final desperate attempt to stay afloat?

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  • Yes- Russia's on the brink of collapse and they need help from anyone

    1 2.27%
  • No-This is a very desperate attempt but they have others they could lean on next

    19 43.18%
  • No- Russia doesn't realize their isolation, therefore they will continue down this path

    23 52.27%
  • Yes, quite pathetic of them

    1 2.27%
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Thread: Is this Russias final desperate attempt to stay aflotat?

  1. #11
    Professor
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    Re: Is this Russias final desperate attempt to stay aflotat?

    It is sensible for Russia and North Korea both to take any allies they can get. Both are in economic shambles and shunned in the international community, so it is sensible they find common ground.
    "Conservatism is the blind and fear-filled worship of dead radicals."
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  2. #12
    Sage
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    Re: Is this Russias final desperate attempt to stay aflotat?

    Quote Originally Posted by OrphanSlug View Post
    There are always others for Russia to get help from, but that does not mean we are talking about strong economic models themselves. North Korea is not the only one they can go to in order to deal with their now junk rated monetary debt. Even though it is a bit strained, Russia still has India and the whole "Indo-Russian" Strategic Partnership. That is still an avenue for Russia to exploit and generally they do in selling military and energy equipment to India. They also have China, who as of recent did not seem to be bothered much by Russia taking Crimea. And how China handles their own currency manipulations would be of great interest to Russia handling their own problems. Russia also has Iran and Syria, even though the former is somewhat isolated themselves and the latter is in the middle of a long term multiple way civil war.

    I do not think Russia is done burning down the bridges they will rely on to handle their present domestic fiscal matters, or their overall handling when it comes to the UN. I am not saying Russia is in good shape, far from it. Just saying they still have a few options out there...
    Such as giving up various Ukrainian territories such as Crimea and Eastern Ukraine.
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    Stats come out and always show life getting better. News makes money in making you think its not.
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  3. #13
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    Re: Is this Russias final desperate attempt to stay aflotat?



    Russia has hundreds of billions of dollars in reserve (which for them is a lot). Plus they have the second most oil and the most natural gas in the world.

    They will be fine...it may take a few years of some rough sailing, but they will be fine.

    And when the price of oil goes back up... they will be (somewhat) swimming in money.

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