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?

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    Is this Russias final desperate attempt to stay aflotat?

    Kim Jong Un May Make First Foreign Trip to Russia, Interfax Says - Bloomberg Business

    The tubby North Korean leader, and apparently good friend of Vlady Putin, will be traveling to the Soviet state.

    Is this Russia's game plan? The Ruble failed miserably and the sanctions have crippled their economy rendering them as 3rd world status...so North Korea is the answer? Is that the road Putin wants to go down? Complete Isolation?

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    Re: Is this Russias final desperate attempt to stay aflotat?

    Or maybe North Korea sees something in Russia? The two nations want to isolate themselves from the world and only do business with one another? Soon China will drop NK, then all they have is each other. Kind of cute, actually.

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    Re: Is this Russias final desperate attempt to stay aflotat?

    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...
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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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...
    It will be interesting to see how the Ruble's failure will impact their future. I don't see a recovery in their future without some serious regime changes.

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    Re: Is this Russias final desperate attempt to stay aflotat?

    Quote Originally Posted by 11Bravo View Post
    It will be interesting to see how the Ruble's failure will impact their future. I don't see a recovery in their future without some serious regime changes.
    Or radical fiscal manipulation (China) probably mixed with a mass export of military and energy equipment (India, Iran, Syria, and several South American nations.)

    It is either one of these two... or total collapse. Again (this is not Russia's first try dealing with fiscal and economic disaster.)
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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    Re: Is this Russias final desperate attempt to stay aflotat?

    If you were to listen to some of the people on this forum, Russia is doing fine and Putin owns Obama. The truth is that Obama's sanctions have caught steam in the rest of the world and Russia has become increasingly isolated. I don't think this is Russia's last desperate effort to stay afloat. If that country survived Stalin, it can survive anything. It is Putin's effort to retain an image as a mediator on the world stage.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Is this Russias final desperate attempt to stay aflotat?

    Quote Originally Posted by OrphanSlug View Post
    Or radical fiscal manipulation (China) probably mixed with a mass export of military and energy equipment (India, Iran, Syria, and several South American nations.)

    It is either one of these two... or total collapse. Again (this is not Russia's first try dealing with fiscal and economic disaster.)
    I think it's best to continue to sanction them, watch them collapse, and hope that they rebuild into something much more fit for today's world.

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    Re: Is this Russias final desperate attempt to stay aflotat?

    Quote Originally Posted by 11Bravo View Post
    I think it's best to continue to sanction them, watch them collapse, and hope that they rebuild into something much more fit for today's world.
    We are probably so far down this "Coldwar" thinking road again we may have no choice but to see it through, to change course now would mean opening up even more avenues for Russia to secure their currency, stabilize their economy, then bully everyone around them. It is fundamentally against my Libertarianism, but we logically have no choice now given what Putin has been able to accomplish in short order with such consequence to his own nation.
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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    Re: Is this Russias final desperate attempt to stay aflotat?

    Quote Originally Posted by OrphanSlug View Post
    We are probably so far down this "Coldwar" thinking road again we may have no choice but to see it through, to change course now would mean opening up even more avenues for Russia to secure their currency, stabilize their economy, then bully everyone around them. It is fundamentally against my Libertarianism, but we logically have no choice now given what Putin has been able to accomplish in short order with such consequence to his own nation.
    I agree with what you say

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    Re: Is this Russias final desperate attempt to stay aflotat?

    Quote Originally Posted by OrphanSlug View Post
    We are probably so far down this "Coldwar" thinking road again we may have no choice but to see it through, to change course now would mean opening up even more avenues for Russia to secure their currency, stabilize their economy, then bully everyone around them.
    Sunk costs are fallacious. Or in other words, the only thing that matters is our decisions today in respect to today's circumstances, and not what we have done or what path we have taken. (You can't turn back the clock.) Meaning that if Putin's government is booted, or something changes about the country, we should be all for changing the course of our actions.

    Quote Originally Posted by OrphanSlug View Post
    It is fundamentally against my Libertarianism, but we logically have no choice now given what Putin has been able to accomplish in short order with such consequence to his own nation.
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