Summary

Russia’s ruble has plunged to its lowest level since March 2022 following new U.S. sanctions on Gazprombank, a key platform for energy payments.

The ruble’s slide, driven by sanctions, falling oil prices, and soaring defense spending, has intensified inflation and strained the war economy.

While the Kremlin benefits from a weaker ruble by converting foreign revenues into more domestic currency, experts warn of overheating risks and financial instability.

The Russian central bank is scrambling for solutions, but long-term economic pressures and declining oil revenues pose significant challenges.

    • @[email protected]
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      31
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      3 days ago

      No, just most. War is the continuation of politics by different means, and political desires are quite often, but definitely not always, economical. Rome razed Carthage because of the economics of empires in the Mediterranean, yes, but Charlemagne didn’t genocide Old Saxony for its economic output, but religious fervour and autocratic arrogance (the whole one god one pope one king thing).

      • @[email protected]
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        172 days ago

        I think what they meant was that all wars need to be supported by the economy.
        It’s not enough to have soldiers, you also have to supply and feed them.

        • @mojofrododojo
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          114 hours ago

          you also have to supply and feed them.

          yeah russia is actually experimenting with this part lol. and innovations like golfcarts and e-scooters on the battlefield.

        • @Maggoty
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          22 days ago

          No it’s an actual theory that posits all the other reasons are merely justifications for economic reasons.

          It falls apart pretty badly if you look at World War 1. But there’s also been a ton of wars that fit the theory, which is why it exists.

        • NaibofTabr
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          22 days ago

          Beyond that, it’s hard to get people who are comfortable in their lives to get up and go to war. If the nation is stable internally, if the people aren’t desperate and angry, if they don’t feel like they should have more - you know, for themselves - it’s hard to get a motivated, aggressive military staffed and ready to attack their neighbors.

          But also yes, an army marches on its stomach. Every major offensive beyond a nation’s borders ends when the supply chain falters.

    • @[email protected]
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      143 days ago

      At least most. Storage Wars is another good example of this. Not sure about Star Wars, though.

    • @[email protected]
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      73 days ago

      In the beginning, too. Russia originally invaded because they want to control Crimea and more Black Sea coast and ports. And all that farmland in Ukraine too

    • Flying SquidM
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      2 days ago

      Unless they’re done in order to sacrifice captives to the gods like they did in pre-Colombian Mesoamerica. That was because they legitimately thought they had to do it to keep the universe working. That’s also why their wars were usually about attacking to wound rather than attacking to kill. Just as many people died, but they died in sacrifice rather than on the battlefield.

      Oddly enough, the interpretation of the glyph the Mayans had for a war as we would think of it- one of conquest- is “star war.” Blame Dr. Linda Schele for that one.

      • @[email protected]
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        2 days ago

        also in pre-Colombian Mesoamerica, furher north, they switched the mode of war from combat to a ball game when the casualty count was around 100. so, in case you’re wondering how we (and yes, i mean the whole imperialist sphere) can find a meaningful, certainly still highly corruptable purpose for UEFA and FIFA.