Current Affairs Ukraine

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One theory I’ve seen is that because of an illness (various speculated) he is particularly vulnerable to a bad reaction from catching Covid.

Given how “macho” Putin has deliberately portrayed himself over many years I do find the extreme distancing very odd from a pr perspective and suggestive of something else going on.
 

Sberbank Europe will collapse, says ECB​

More bad economic news for Putin.
The European Central Bank said on Monday morning that Sberbank Europe, a fully-owned subsidiary of Sberbank Russia, which in turn is majority-owned by the Russian state, is failing or likely to fail along with its Croatian and Slovenian units.
“Sberbank Europe AG and its subsidiaries experienced significant deposit outflows as a result of the reputational impact of geopolitical tensions,” the ECB said in a statement. “This led to a deterioration of its liquidity position.
“There are no available measures with a realistic chance of restoring this position at group level and in each of its subsidiaries within the banking union.”
 

Sberbank Europe will collapse, says ECB​

More bad economic news for Putin.
The European Central Bank said on Monday morning that Sberbank Europe, a fully-owned subsidiary of Sberbank Russia, which in turn is majority-owned by the Russian state, is failing or likely to fail along with its Croatian and Slovenian units.
“Sberbank Europe AG and its subsidiaries experienced significant deposit outflows as a result of the reputational impact of geopolitical tensions,” the ECB said in a statement. “This led to a deterioration of its liquidity position.
“There are no available measures with a realistic chance of restoring this position at group level and in each of its subsidiaries within the banking union.”
*nods* Overseas subsidiaries are screwed. The authorities will delight in rigorously applying existing banking laws, then conducting a fire sale of the assets. Sucks to be one of their creditors.

For perspective, this is about 1/100th the size of one of the US banking behemoths, or about 1/40th the size of Lehman when they went down. In other words, meaningful but a long way from too big to fail. If this continues, which it probably will, the ECB is going to have a long week.
 
I understand that this argument gets put forward by Putin. What I don't understand is why anyone over the age of twelve, with access to a map and a basic grasp of logic, would ever be convinced by it. It's obviously and fundamentally false.
Well, whether NATO is actually a threat, or not, my limited connections to Russia indicate that the ordinary people believe it to be so. That's the phobia that Putin can exploit.
 
I see @Death is back at his adolescent hot takes (..."guys, did you know some media sources less good than others?? OMG, just crazy...do you even know where your news is coming from...like, wake up people!!!"...) ,and painful-to-watch attention-seeking whataboutery (..."come on GOT, don't you remember that the USA once stole parts of Texas from Mexico...what's a matter with you??!!"...).

Do you even consider that other people have also read 5th grade history books as thoroughly as you did. And many of them have continued to even read beyond this level.

Look, @Death, you did this in the Trump and Biden threads about 3 years ago. It's tired and dumb and obvious. How do I know this? Because when your message is "...OMG folks, some media is biased..." and "...but, but, but other countries also bad..." it pretty much applies to every thread in the current affairs. Just give it a break. Maybe try reading a book on this particular topic or maybe, for this thread, just do what I do: if you don't know much about the geopolitics of this particular conflict, its history, and the immediate political strategies involved, then just don't post stuff that tries to make you look smart. Or just stick to cats. Simple. Because what you think you are doing is very differently perceived from how you perceive it.

A lot of this going here:
1646018216973.png
 
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