(Aug 12, 2023, 01:25 UTC - I'm calling it a penny...)
Russian Ruble, coming in for a landing...
Posted on 08/11/2023 6:26:07 AM PDT by SpeedyInTexas
This just in:
YouTube bans Scott Ritter
https://freerepublic.com/focus/f-news/4174498/posts
What will the FRruzzians do now?
Ritter had an epic meltdown earlier this week over Ukrainians calling him out for being a pedo and being locked up for 3 years in prison.
I see the Putin lovers are melting down on that thread also. 🤣
That’s what happens when they choose a convicted pedo as their spokesman.
“YouTube bans Scott Ritter”
Oh No!
(Aug 12, 2023, 01:25 UTC - I'm calling it a penny...)
Russian Ruble, coming in for a landing...
The Putin fan club haven’t been this cranky since about a month before they lost Kherson last year.
They would scream disinformation and want you banned, it’s not a penny it’s 1.002 Pennies LIAR,Fraud…../s
Hopefully Macgregor joins him in solidarity
“it’s not a penny it’s 1.002 Pennies”
It’s a funny chart over the last hours - it hit 99.99 about six times, and dropped back briefly. Some algorithm keeps kicking in.
https://www.xe.com/currencycharts/?from=USD&to=RUB&view=12H
Maybe the Russian Central Bank has an automated bot buying rubles when it hits the trigger.
Hit it enough times, and they eventually run out of real money to keep buying rubles... Then it is “Katie, bar the door”
Currently at 1.0003 pennies. That's way over a penny!
“The Putin fan club haven’t been this cranky since about a month before they lost Kherson last year.”
Maybe they are being paid in rubles. I know that would piss me off.
U.S. Oil Production Is Bouncing Back (toward new record highs)
https://oilprice.com/Energy/Energy-General/US-Oil-Production-Is-Bouncing-Back.html
“According to the EIA’s recently issued Short-Term Energy Outlook, US crude production is expected to surpass 12.9 million b/d for the first time ever in late 2023, a 200,000 b/d upward revision compared to previous forecasts.
Buoyed by the high-price environment which should lead to increased oil drilling activity next year, the EIA sees end-2024 production rates at 13.4 million b/d.”
ISW, 11 August:
“Ukrainian counteroffensive operations appear to be forcing the Russian military to laterally redeploy Russian forces defending in western Zaporizhia Oblast, indicating that the Ukrainian effort there may be significantly degrading Russian defenses...
...The lack of Russian operational reserves means that the Russian command will have to conduct more lateral redeployments if they wish to reinforce certain sectors of the front in the future...
...Russia currently does not appear to possess significant available forces that it could draw on for reinforcements without endangering other sectors of the front...
...Ukrainian forces on the other hand maintain reserves that allow them to rotate units instead of relying on redeploying units conducting defensive and offensive operations to other sectors of the line without rest. Ukrainian forces likely therefore can maintain the necessary combat potential needed to continue degrading Russian forces defending southern Ukraine and the Bakhmut area while constraining Russian advances along the Kupyansk-Svatove-Kreminna line.
Russian lateral redeployments will likely increase the likelihood that Russian forces would have to fall back to prepared defensive positions without significant support in the case of a Ukrainian breakthrough. The further degradation of defending Russian forces thus creates opportunities for any Ukrainian breakthrough to be potentially decisive.”
As has been discussed before, without serious CAS, the Ukrainians have little choice but to follow the course they have been.
Continue to attrit artillery, manpower, and air power assets of the Russians, so they can deal with the minefields without serious losses seems to be their only option.
This does make any kind of advance painfully slow,
Is there a breaking point where this strategy results in a breaking point, time will tell. It is hard to imagine that the losses the Russians are taking from things like cluster munitions, himars, and Excalibur on the front lines along with long range attacks on logistics and logistical lines are not having serious degrading effects.
CAS would be most helpful and the slow walk by the west is discouraging
A breakthrough can only happen when forces are degraded enough that advancing through those minefields is not a suicidal endeavor.
I think this could be the case of things went very slow till they didn’t kind of scenario but how long western support lasts is always the question
Putin and his generals have no choice, a serious defeat could result in a serious change in home front dynamics
Spoken like a true liberal Keynesian. No amount of deficit spending is a big deal, because "Modern Monetary Theory", according to you chaps.
But a funny thing happened on the way to pick up all that "free" money, reality reasserted itself. And so did inflation.
It could be 15.4 million b/d if Biden had actually encouraged production from the day our intel said Russia would invade...
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