NotSure
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Russia has spent about 75b of its reserves since the war started, which are now down to 235b. As the sanctions really start to hit and Western Europe gradually shifts its suppliers of oil and gas, the hole in the Russian state budget will continue to grow. So the rate at which they deplete their reserves will increase from the current 12b per month, which gives them a maximum of 20 months before they are basically broke but will likely happen much sooner. Add to this the fact they are shut out of the global bond and money markets due to sanctions and defaults, they won't be able borrow from anywhere to fill their budget deficit.That’s impossible Russia forex increase by $300b. Russia prewar forex stood at $600b then decreased to $300b because half is sanctioned. You buy more however China not buying everything oil and gas from Russia.
About weapons, just a matter of time Beijing will deliver weapons to Russia. Ccp hates the West as much as Putin. Iran, North Korea so why not China on the list Russia gets weapons. So no, we don’t pray that’s anticipated by the West.
Swift is cut off. Russia central bank is sanctioned so impossible to do any money transactions with the west. So no. And the west includes Japan, Korea, Taiwan, Singapore and many other.Russia has spent about 75b of its reserves since the war started, which are now down to 235b. As the sanctions really start to hit and Western Europe gradually shifts its suppliers of oil and gas, the hole in the Russian state budget will continue to grow. So the rate at which they deplete their reserves will increase from the current 12b per month, which gives them a maximum of 20 months before they are basically broke but will likely happen much sooner. Add to this the fact they are shut out of the global bond and money markets due to sanctions and defaults, they won't be able borrow from anywhere to fill their budget deficit.
And their net revenues from oil and gas are down due to the high ruble and heavy discounting to China and India. Oil prices are also falling, and without Western Europe to sell their oil and gas to there are no viable alternative and accessible markets. China and India will also reach their storage capacity soon, so the squeeze on the Russian economy is only going to get tighter.Swift is cut off. Russia central bank is sanctioned so impossible to do any money transactions with the west. So no. And the west includes Japan, Korea, Taiwan, Singapore and many other.
The only source of income for Russia is selling natural resources however the West stops buying or less buying now and in the future.
Discounting compared to what prices? I will tell you, because you didn't mentioned it in your propaganda: Compared to the very high prices we have today. So even with the discounts Russia still is making big profits. And the prices will grow and grow in the future, therefore Russia will make more and more money. Even with discounts.And their net revenues from oil and gas are down due to the high ruble and heavy discounting to China and India. Oil prices are also falling, and without Western Europe to sell their oil and gas to there are no viable alternative and accessible markets. China and India will also reach their storage capacity soon, so the squeeze on the Russian economy is only going to get tighter.
As the sanctions really start to hit and Western Europe gradually shifts its suppliers of oil and gas, the hole in the Russian state budget will continue to grow.
shhhhhh.....Mr Oil and Gas said China bought 300 billion oil and gas from Russia (Or more if you count in RMB, whatever that mean), then China bought 300 billion oil and gas from Russia....Don't you know? He works in Oil and Gas industry, what he said must be true, no need any explanation.That’s impossible Russia forex increase by $300b. Russia prewar forex stood at $600b then decreased to $300b because half is sanctioned. You buy more however China not buying everything oil and gas from Russia.
About weapons, just a matter of time Beijing will deliver weapons to Russia. Ccp hates the West as much as Putin. Iran, North Korea so why not China on the list Russia gets weapons. So no, we don’t pray that’s anticipated by the West.
Most likely more, don't forget a lot of Russian forexes are in bond, which they cannot exchange even if they have access to it. And the war is costing Russia a lot more than 12 billion a month again because part of those cost is in bond. Which they have to pay for somehow. Russia is likely to have run out of money in a relatively short term, like 6 to 9 months, then they would have to issue bond, depends on how many suckers bought them, they can probably last for another 3 to 6 months, then they will run out of money.Russia has spent about 75b of its reserves since the war started, which are now down to 235b. As the sanctions really start to hit and Western Europe gradually shifts its suppliers of oil and gas, the hole in the Russian state budget will continue to grow. So the rate at which they deplete their reserves will increase from the current 12b per month, which gives them a maximum of 20 months before they are basically broke but will likely happen much sooner. Add to this the fact they are shut out of the global bond and money markets due to sanctions and defaults, they won't be able borrow from anywhere to fill their budget deficit.
Yeah I agree, Russia is burning through more than 12b a month funding the war effort and meeting the 2% budget deficit, 12b per month is just a quick calculation of the 75b they have depleted their reserves by in the 6 months.shhhhhh.....Mr Oil and Gas said China bought 300 billion oil and gas from Russia (Or more if you count in RMB, whatever that mean), then China bought 300 billion oil and gas from Russia....Don't you know? He works in Oil and Gas industry, what he said must be true, no need any explanation.
How dare you challenge Mr Oil and Gas.....lol
Most likely more, don't forget a lot of Russian forexes are in bond, which they cannot exchange even if they have access to it. And the war is costing Russia a lot more than 12 billion a month again because part of those cost is in bond. Which they have to pay for somehow. Russia is likely to have run out of money in a relatively short term, like 6 to 9 months, then they would have to issue bond, depends on how many suckers bought them, they can probably last for another 3 to 6 months, then they will run out of money.
Prices will grow and grow??Discounting compared to what prices? I will tell you, because you didn't mentioned it in your propaganda: Compared to the very high prices we have today. So even with the discounts Russia still is making big profits. And the prices will grow and grow in the future, therefore Russia will make more and more money. Even with discounts.
Western Europe is shifting to what exactly? To thin air? Outsmart the laws of physics with woke mental illness and green ideology?
There are simply not enough gas and oil producers in the world, to substitute Russia. So Western Europa has to buy renamed Russian oil and gas and therefore pay a) Russia and +b) China and India and all the other countries, which will buy Russian oil and gas and then sell it to the geniuses here in western Europe.
And by the way: You can't even get your basic facts straight. Not all Europe is shifting away from Russian oil and gas, not even western europe. At this point it's not more than wishfull thinking the EU apparatshiks have, because their masters in Washington and London said so. But winter is coming ...
And the artificial rate the Russian set does not help. Effectively, the halved the value of their own currency reserve by putting it twice as high before the war....Yeah I agree, Russia is burning through more than 12b a month funding the war effort and meeting the 2% budget deficit, 12b per month is just a quick calculation of the 75b they have depleted their reserves by in the 6 months.
Dude knows nothing about how economy work lol......Prices will grow and grow??
Last recession gas prices dropped fivefold….
So russia pushing europe (and the world) too hard into recession might very well backfire enormously if europe shows backbone to take some economic hits
China is not even actively supplying Russia, if we provide weapons, not even the whole West can help. So better pray hard we don't do that.