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741  Economy / Economics / Re: Will central banks ultimately fail in their goal of lowering down inflation? on: December 28, 2022, 10:07:29 AM

That's certainly true, mate. Unless COVID-19 and the Russo-Ukraine war go away, we can't expect inflation to ease anytime soon. Governments are going to need to work together to put an end to the war for the good of the economy. I'm wondering if prolonging the war is a plan for governments to go full-speed ahead for a global reset. Effectively, the rich have become richer, while the poor, poorer. Let's see how long will it take for inflation rates to lower down to an acceptable rate. It's a widely unpredictable world we're living into, so we can only hope for the best. Who knows what the future holds for the global economy? Just my thoughts Grin
Russia's war in Ukraine will go on for about another six months, according to the most optimistic forecasts, and should end in Russia's defeat. It is already quite clear that Russia cannot win the war it started. But it can still drag on and this will really lead to a further aggravation of the economic situation in the world. In order for it to end quickly, it is necessary for the states to unite and force Russia to stop its aggression.
As for inflation, it is an important companion of the economy of states and plays both a negative and a positive role.
742  Economy / Economics / Re: Russia To Legalize Use Of Cryptocurrency In International Trade on: December 28, 2022, 06:02:23 AM

In my opinion, the authorities in Russia will not follow the path of legalizing bitcoin and other cryptocurrencies. 

Most likely, the Russian authorities will simply appoint a reliable person who will be entrusted with the organization of international operations with bitcoins.  His duties will include - providing cold storage of bitcoins and the circulation of cash fiat money.  Large organizations (exporters and importers) will be encouraged to interact with this person in all matters related to cryptocurrency transactions. 

Bitcoin volatility is not a problem when making international payments.  The contract may provide for the moment of a significant deviation of the bitcoin rate from the average for the week (up or down).
In other words, in Russia they can establish the possibility of making external financial transactions using cryptocurrencies for legal entities that serve state interests with a complete ban on using cryptocurrencies as a means of payment for other citizens. It may well be that in order not to escalate the situation with the provision of the selective right to use cryptocurrency as a means of payment only to certain entities, they will most likely grant such a right by some secret decree of Putin so that the people know less about it, or in general such activity will be completely classified.
743  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: December 27, 2022, 04:01:18 PM
Russia has certain objective differences with the United States. 

This is due both to the fact that both countries are nuclear powers, and to the fact that the United States began aggressive economic expansion in the natural gas market.  I do not consider these differences to be insurmountable contradictions, but nevertheless I am ready to admit that they exist. 

However, Russia has no disagreements with European countries.  In fact, European countries are Russia's customers (buyers of Russian goods). 

Therefore, I am not at all delighted with the news about the deindustrialization of Europe and the problems that arise for its citizens.
There are now very big disagreements between Russia and the countries of Europe after Russia carried out a large-scale military invasion of Ukraine in February. Russia has repeatedly stated that after seizing the territory of Ukraine, they will attack the Baltic countries, Poland, and possibly further deep into Europe. Therefore, they took seriously the military threat that comes from Russia and began to quickly rearm and build up their military potential.

In addition, the refusal of the countries of the European Union from Russian oil and gas is unprecedented, despite the fact that they also suffer material losses from this. But Europe nevertheless decided to break its dependence on Russian energy carriers.

Also, the countries of the European Union have imposed significant economic sanctions against Russia in response to its aggression in Ukraine, although they also hit the countries that imposed them. On November 23, the European Parliament by a majority of votes adopted a resolution recognizing Russia as a state sponsor of terrorism.
744  Bitcoin / Press / Re: [2022-08-26] 72% of Russians say they have never bought Bitcoin: Survey on: December 27, 2022, 06:06:23 AM
I know there are a lot of hostility against Russia at the moment (@Lusius) ...but let's look at news like this from Russia ..as something positive for everyone in the Bitcoin community. The fact that Russia is at war.... does not mean that all Russian support this action.  Roll Eyes

Bitcoin adoption might increase, because people in Russia might need Bitcoin to store their wealth and to protect it from possible hyper inflation in the future. We also know sanctions are in place to restrict their economic growth and that is hurting everyone... not just the people who wanted this war.  Sad
In Russia, almost stably, about 70 percent of the population support military aggression against Ukraine and call for stronger bombing of peaceful Ukrainian cities and other settlements. The fact that some small percentage there do not support their country’s attack on Ukraine and they can talk about it quietly except in their kitchen does not please Ukrainians at all, who have been under Russian bombing for ten months now. Russia in the 21st century is openly committing genocide of an entire nation in the center of Europe, and therefore it would be just abnormal to expect a normal, non-hostile attitude towards Russia.
But the Russians still face a retribution. Due to the difficult economic situation, the government will get to their cryptocurrency. Therefore, I do not see a good prospect for crypto enthusiasts there.
745  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: December 26, 2022, 04:38:35 PM

My sincerest condolences for what is happening to the people of Ukraine, they did not deserve the loss of the war but if you stand up against the puppet government Volodymyr Zelensky nothing will happen to your country. I remember before the war, Russia warned Nato that expanding the bloc would destabilize Russia's security. Nato and Ukraine ignored those warnings and assumed that Russia would do nothing, your government underestimated Russia and then war broke out. I don't know if you see the malice of America and its allies, but to me, all that is happening today is caused by America, who wants war.
If Russia was very afraid of NATO expansion at its borders and because of this attacked Ukraine, because it was afraid of her joining this alliance, then condolences should be expressed to Russia. Because now, after the almost completed entry into NATO of Sweden and Finland, after Russia's attack on Ukraine, Russia's immediate borders with NATO countries have expanded significantly. There is also no doubt that in the shortest time after the end of the war with the victory of Ukraine, it will also become a member of NATO and now, during the war, the Armed Forces of Ukraine are being rapidly rearmed according to NATO standards. Already, the Armed Forces of Ukraine have the strongest army in Europe and have invaluable experience in waging war using NATO weapons and its standards.

However, the real goal of Russia's attack on Ukraine, and now its military-political leadership of Russia no longer hides this, is the seizure of the territory of Ukraine, the appropriation of its resources, as well as the history of Ukraine as an integral part of the history of the Russian Federation. All other declared goals of the attack, which change to this day, are justifications for military aggression.

Volodymyr Zelensky as the President of Ukraine is now supported by over 90 percent of Ukrainians, so it’s not worth saying that he is a puppet in the hands of other states. This is one of the fakes of Russia, which is waging an information war against Ukraine and seeks to deprive Ukraine of the support of the West and the United States.
746  Economy / Economics / Re: Russia To Legalize Use Of Cryptocurrency In International Trade on: December 26, 2022, 03:59:59 PM


Currently, international settlements of residents of the Russian Federation using foreign currencies (US dollar, euro, British pound sterling, Swiss franc, etc.) are subject to international sanctions.  

Therefore, Russian organizations cannot receive cash proceeds from the sale of their goods abroad and cannot purchase the foreign goods and materials they need.  

The situation can only be saved by the use of cryptocurrencies in international settlements with foreign counterparties.  

This applies not only to Bitcoin, but also to Monero (the best anonymous and confidential cryptocurrency).
Under the current authoritarian rule in Russia, there will never be a legalization of cryptocurrency. Politicians, including Putin, may say good things about cryptocurrency, but they will never allow their people to have free access to it. Therefore, Russia has the worst legislation in relation to cryptocurrency among European countries. I wouldn’t even be surprised if criminal liability for the use of cryptocurrency as a means of payment is introduced there, which has been talked about for a long time and there is a bill in the State Duma.

For international payments, the Russian government can use cryptocurrency without the appropriate laws for this, but it is unlikely to do so. It is quite a risky asset due to its high price volatility. In addition, for this it is necessary that the other party agrees to such payments. In any case, if the calculations in the cryptocurrency will take place, then we will not know about it anyway, since it will be classified.
747  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: December 24, 2022, 04:13:46 PM


It is very difficult for China and Russia to cooperate with each other, because they are countries with different cultural codes.  

The mentality of the Chinese is very different from the mentality of the Russians.  The Russians in their mentality and culture are much closer to the Europeans than to the Chinese.  In addition, the Russians are very afraid that the Chinese will occupy their territory.  

There are only 140 million Russians and the population of Russia is constantly declining.  

The Chinese are 1.5 billion people.  China is not even a country, it is a separate powerful civilization.

Not only do they not cooperate, I believe they will become closer to each other. You just need to remember that the national interest comes first, once bilateral cooperation generates profits for both parties, the cooperation will not face any obstacles from religion and culture. China needs abundant cheap Russian oil and gas to save production costs, and Russia needs profits from China to sustain its economy and support the war. And if the two countries separate, the US and EU will find a way to destroy each country one by one, forcing both to cooperate. Both are achieving their own interests, so there is no reason not to become close.
Nature and higher powers are on the side of Ukraine in this war.
The Russian Black Sea Fleet was unable to land troops to capture Odessa, largely because of the storms that began whenever their paratrooper ships went to sea.
Iran has started supplying its drones to Russia and has been punished by the great riots that continue to this day and threaten to overthrow their government.

China began to establish close trade relations with Russia, which borders on circumventing China's sanctions, and at the end of 2022 was paralyzed by a powerful outbreak of the COVID-19 epidemic. In one day, 37 million people fell ill with coronavirus in the country. The Chinese economy is almost completely paralyzed. In fact, today the entire industrial China has stood up. Logistics has stopped, transportation has stopped: everyone is sick. Whoever does not get sick will get sick literally tomorrow.
The current events will hit Russia especially hard, whose economy is already weakened by sanctions and critically dependent on supplies from the East.

However, this is not Moscow's biggest problem. The fact is that the paralysis of Chinese industry will certainly affect energy prices on world markets. Russia, which lives off the sale of hydrocarbons, will lose more of its income than previously expected.
In the last year, China has been one of the key buyers of Russian oil and gas. Now this sales market has been lost almost completely for an indefinite period. The Russians will have to tighten their belts further in 2023.
748  Alternate cryptocurrencies / Altcoin Discussion / Re: FTX collapse: Good or bad for crypto in the long run? on: December 23, 2022, 06:06:52 PM
Ftx has very bad impact on crypto for short term but I believe that it will give some positive rules so that other exchange will not do like the same and investors money will not be sank.
According to new report Ftx Owner will pay in million while total lost was more than 5 billion.
It was inevitable. If a similar crash had not happened to the FTX exchange, it would have happened to another influential exchange or platform over time. In the short term, the cryptocurrency loses, but in the long term, the cryptocurrency market will definitely get stronger and its security will increase, including through the regulation of cryptocurrency by the states. This will be a good lesson for many cryptocurrency holders to avoid a bigger crash.
749  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: December 23, 2022, 05:39:24 PM
What will happen during the winter season? I have seen contrasting claims. Some claim that the fighting will die down and resume when the winter season ends. Some others claim that both Russia and Ukraine have mobilized large number of reserves and therefore the fighting may intensify in the coming months. Muddy weather hampered the operation of tanks and armored vehicles in the past and this issue won't be there once the ground gets frozen. What I don't know is which of the sides will get the advantage of winter climate.
In Ukraine, they have repeatedly stated that with the onset of winter, the Armed Forces of Ukraine are not going to stop and will beat the invaders until they are driven out of their territory. As soon as the ground freezes, the Armed Forces of Ukraine will attack the enemy with all the forces and means that are now accumulating.
The most likely strike is expected on the southern front, in order to cut the positions of the Russian army and disrupt the logistical supply routes, as well as reach the Sea of Azov and the isthmus of the Crimean peninsula. After that, the Armed Forces of Ukraine will be able to completely destroy the entire territory of Crimea with fire, and the Russian occupying army will be trapped. These events have been prepared for a long time, the Armed Forces of Ukraine are methodically hitting ammunition depots, command posts and places of accumulation of enemy manpower with pinpoint strikes. Because of this, the Russians lose more than 500 people every day and many of their armored vehicles. So it was before the liberation of a part of the Kherson region on the right bank of the Dnieper. The same will happen on the left bank, because the Russians are already pressed to the sea and, thanks to high-precision strikes, their positions are weakening every day. The offensive of the Armed Forces of Ukraine can already begin on any day, and the military-political leadership of Ukraine has already hinted at pleasant surprises at the front for Ukrainians for the New Year.
750  Economy / Economics / Re: How much longer until paper money is no longer in circulation? on: December 22, 2022, 04:57:04 PM

I'm beginning to question whenever CBDCs will be able to replace paper money for good, or will it co-exist with the old system? After all, credit/debit cards didn't manage to replace paper money when they launched. For being in the 21st century, I'd say paper money should be phased out as soon as possible. Everything should turn digital, as we live in a digital society.

How long do you think it will take for paper money to be phased out for good? Will CBDCs be able to replace not only paper money but also credit/debit cards? Your input will be greatly appreciated. Thank you. Smiley
Governments do not issue their CBDCs to replace their fiat money. They thus simply improve the efficiency of their cashless payments. This will be another kind of non-cash money of states. Paper money in this case should not suffer. Due to the negative experience in using paper money during the spread of the coronavirus pandemic, as well as the high cost of maintaining them, the amount of paper money may be slightly reduced. However, I do not see the point in completely removing them from circulation. In some cases, the simplicity and speed of small household transactions make paper money simply irreplaceable. In addition, it should be borne in mind that paper money is the most untraceable. It is not worth striving for a completely digital world in public finance. This is the path to the complete loss of your privacy and anonymity.
751  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: December 22, 2022, 08:11:36 AM

I can tell you that, no one thought this war would last and become as fierce as it is now, Russia and Ukraine, or the EU never wanted this war to last. I agree with you that Russia wants to end the war, but Ukraine wants that too, and the EU wants more. All have been ravaged by war, and they understand that it takes years or decades to recover and catch up to the pace of the world, but they are caught up in the never-ending war because a force wants to prolong this war.
The end of the war between Russia and Ukraine depends entirely on Putin, his entourage and the entire Russian people, who still support their government's military efforts to conquer the territory of Ukraine. Russia does not want an end to the war, and this must be said directly. It is enough for Russia to withdraw its occupying troops from Ukraine for this war to stop.

Yes, the Kremlin did not count on such tough resistance from the Armed Forces of Ukraine and the entire Ukrainian people. Before the invasion of Ukraine from the territory of Belarus, Russian troops were instructed to reach the outskirts of Kyiv within 48 hours. The armored power of eight Russian armies was never able to fulfill this criminal order, and after a month of fierce fighting, Russia was forced to hastily withdraw the remnants of its defeated armies from the central and northern part of Ukraine in order to save them from complete defeat.

To date, more than 100,000 Russian soldiers and officers have already died in Ukraine, more than 3,000 Russian tanks, about 6,000 armored vehicles, 282 aircraft, 267 helicopters, about 2,000 artillery systems, 412 MLRS and other military equipment have been destroyed, which Russia can no longer replenish in conditions of international sanctions.

The war continues as the withdrawal of troops from Ukraine will spell the end for the Putin regime. Therefore, they decided to delay the time of defeat, hoping only for a miracle.
752  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you buy more ETH after reading this ? on: December 21, 2022, 08:07:06 PM
As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.

"Past performance is no guarantee of future results."

The fact that you would be a millionaire by investing in ETH 7 years ago does not mean that you will be a millionaire after 7 years from today by investing now. Its possible that the best gains are already behind us. Its possible that we will shuffle between 500$ and 4000$ for another decade until recession is over. Nothing is certain, there are only propabilities. And past performance is not the best indicator.
But the same reasoning can be applied to bitcoin, and to any other potential cryptocurrency. But ethereum remains one of the best coins in this market, and after a recent update that has not yet been completed, this coin retains the ability to rapidly increase in price. Therefore, the investment attractiveness of this coin is huge. Considering the general current price drop in the ongoing bearish period, this is a very good case for investing in ethereum.
753  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: December 21, 2022, 07:51:02 PM
In my opinion, the introduction of a price limit for oil and gas will not destroy the Russian economy.  
A new package of Western sanctions, including a price ceiling on Russian oil and an embargo on its exports to the European Union, has already had a significant impact on Russia's oil economy.

Oil exports from Russian ports plunged 56% in the first full week of capping, ending Dec. 16, according to Bloomberg calculations based on international tanker shipping data.

From 3.4 million bpd in the first week of December, offshore oil exports fell to 1.6 million, the lowest since at least the start of the year.

From the ports of the Baltic Sea, once the main "window to the world" for Russian barrels, last week only 7 tankers left, while a week earlier it was 12 ships, and in the last week of November - 15. Oil exports through the Baltic fell by 42% — from 1.25 million to 730 thousand barrels per day.

Only four tankers left the Pacific ports, from where Russian oil is exported to Asia along a short route, compared to 11 weeks earlier, and the physical volumes of exports fell 2.7 times - from 1.14 million to 410 thousand barrels per day.

Oil exports across the Black Sea (Novorossiysk) fell threefold - to 230,000 barrels per day, and from Murmansk - by a third, also to 230,000 barrels per day.
Thus, Russian oil exports fell by half after the introduction of the price ceiling. Let's see what happens next.
754  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunters, how much you really earned in the last two years? on: December 20, 2022, 09:54:41 PM
This has long been of no value and the time spent will never pay off. All projects have long since moved beyond such bounties and moved to various services that support web3. All activity and promotion has long been concentrated there. I don't understand those people who in 2022 are looking for their 2016, hoping to go back in time and make money the same way it was fashionable in 2016 or 2017, spending hours of their lives to get 10 miserable dollars six months later.
Sometimes bounty hunters still get more or less good payouts. But they are already valued much lower than a few years ago. Now, I see quite often a $1,000-2,000 signing pool. And before it was several hundred thousand dollars. Considering that there are much fewer new useful ideas, often you don’t even want to participate in this.
Being on this forum, we will learn how the cryptocurrency develops and use this development for practical purposes. But in general, participation in bounty campaigns already largely depends on the availability of free time.
755  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: December 20, 2022, 07:40:00 PM
Im not gonna talk wide long the impact of Russian and Ukraine war besides you guys saying energy is the price of noodle drive up since Ukraine is one of top Exporter of Wheat. yes maybe not just a noodle maybe bread and everything since this war causing domino effect. Im still curious why still there is war in this century  Cry
Ukraine is not only an agrarian country. It is famous for agriculture because it has a lot of good black soil. Ukrainian chernozems account for about 9% of the world's reserves, 30% of European ones, and cover an area of about 27 million hectares (46% of the country's territory). At the same time, 22 million hectares are arable land suitable for agribusiness. In terms of black soil area, Ukraine ranks fourth in the world after Russia, the USA and China.
But Ukraine also has a well-developed industry. Ukraine launched space rockets and had the third nuclear potential in the world.

Russia has been preparing for a war against Ukraine for a long time, because it did not want to let it out of its spheres of influence. In 2014, she managed to quickly and practically without resistance capture part of the territory of Ukraine, including the Crimean peninsula. There are a lot of reasons for this, including the entire vertical of power in Ukraine, permeated through with Russian spies, its deliberately collapsed armed forces, as well as the attitude of Ukrainians towards Russians as a fraternal people. But over the past eight years, the situation in Ukraine has changed. Much has fallen into place: the authorities have changed, the attitude of people towards Russia has changed.

And in Russia, because of the total corruption, theft, the habit of wishful thinking, they did not notice this. Therefore, for Putin and his entourage, the professionalism and tough resistance of the Ukrainian army and people came as an unpleasant surprise. And the war machine is unstoppable. Now the Kremlin understands that the war is lost, but they can no longer stop, because this will mean the end of their power. At the same time, the continuation of the war is only a continuation of the agony of power and more detrimental consequences for the Russians.
756  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Dogecoin Dead ? on: December 19, 2022, 09:15:09 PM

That's just bummer. But Doge didn't die even before Elon I think Doge will still be around for there are tons of its supporters not going to give up.

Elon stepping down as CEO is just not right as he started the war for free speech on Twitter, I'm suspecting he got scared by the threats of a political party. Or he realized he just realized he can't win in turning twitter into the world's town hall.
We all know that Dogecoin has grown in price thanks to the actions and statements of Elon Musk in relation to this coin that this coin has a good future and it will grow in price. Such coins usually also fall rapidly on their own some time after their rapid growth in value. Especially since Dogecoin does not have any useful features. Apparently, this coin will lose value gradually, unless, of course, something unforeseen arises that speeds up this process.
757  Economy / Economics / Re: Tesla’s stock prices dropping fast on: December 19, 2022, 07:42:41 PM
Tesla’s stock prices have seen a decline of about 20% in the last two months following his purchase of the social media app twitter.

It’s clear to me at least that his recent acquisition and handling of the social media app has in a way, contributed to the decline in the stock price of his automobile company.

https://www.ibtimes.com/tesla-stock-price-has-plunged-28-since-elon-musks-twitter-takeover-3646963
It is unlikely that in this case there is a relationship between the fall in the price of Tesla's stock and the recent acquisition of the social network Twitter by Elon Musk. The reason for the fall in Tesla shares must be sought in the activities of the company itself. It is possible that this is a seasonal price fluctuation, as we see in the cryptocurrency market. It is possible that demand for Tesla products is falling due to the upcoming Christmas and New Year holidays. Buyers of electric cars are more interested in the car itself than Elon Musk's social activities.
758  Economy / Economics / Re: A breakthrough in thermonuclear fusion technology! End of the era of hydrocarbon on: December 17, 2022, 01:09:26 PM
Quote
Your opinion ? Forecasts? Are we witnessing an unexpected end to the era of hydrocarbon fuels? Should all oil / coal / gas producing countries prepare for a "new poor life"?

You are asking a bunch of non-experts for opinions and forecasts about a high tech/scientific topic.
I'm not an expert in nuclear power plants and physics. What kind of opinions do you want? Most of the people would say "Yeah, that's great, but it will be implemented after 20-30-40 years or more." I remember reading about thermonuclear technological breakthrough in Russia years ago. Does Russia have thermonuclear reactors right now? Nope and they won't have such reactors even after 10 years.
The fossil fuel lobby and the green energy lobby would be very upset by such news and they will do everything they can to prevent such thermonuclear projects from achieving massive success.

Fossil fuel lobby has been really strong and they have really been doing their best for the last few centuries to ensure that alternative energy sources do not appear and are not used by mankind. Therefore, scientists who invented something new or were close to solving it disappeared or died for unknown reasons, or inventions were bought by someone and their developments disappeared. But now is a different time. There are only a few decades left of fossil fuels on Earth, everyone understands that it will end soon. Therefore, states are actively looking for and finding a replacement for them. Such a study itself and its positive results were not previously possible. But now there is a question of the survival of mankind due to global climate change. Here, corporate interests will no longer work.

After reading this news, I remembered one of Vanga's prophecies. She said that soon we will have several artificial suns that will evenly illuminate the Earth throughout the day. It will be a ball with a shell about six meters in diameter, inside which the same reaction will take place as in the sun. True, Vanga then predicted a catastrophe when two such artificial suns collided in the sky. But anyway, this suggests that such an invention is quite possible and it will be soon.
759  Economy / Economics / Re: American EVs reduced gasoline consumption by just 0.54% in 2021 on: December 16, 2022, 05:02:16 PM
The main thing is that the process of switching to electric cars and increasing their power and efficiency has begun. After some time, when the quantity turns into quality, the states will first tighten the requirements for gasoline and diesel cars, and then completely ban their production and operation.
The fight against global climate change will take precedence over the corrupt interests of the gasoline corporations that have dictated their terms in this market for more than a century. This is a matter of human survival.
760  Economy / Economics / Re: The best Investment Will be defence and security here what on: December 16, 2022, 04:37:33 PM
The ongoing war between Russia and Ukraine is causing inflation,and inflation is bringing hardship on the people, if the war did not come to an end soon all what you have said will be experienced because some people will no longer listen to their government,since the government can't fend for them anymore.

Violence is already everywhere but not up to its peak, the world is not save anymore due to corruption and high crime rates. Terrorist, bandits and kidnappers are everywhere and when that time comes,people might be left with no option but join these group for free access to weapons and dominance.
Investments in defense and security will definitely grow, but not at the level of ordinary people, but at the level of states. The war in Ukraine showed the effectiveness of high-precision weapons of NATO countries and at the same time the low efficiency of weapons of the Russian Federation. Therefore, some states are already refusing to purchase Russian weapons, in particular, the S-300 and S-400 anti-aircraft missile systems. At the same time, after the stunning effectiveness of the American missile HIMARS, a dozen of which changed the course of the war in favor of Ukraine, the demand for their purchase has become a queue for several years ahead. Therefore, the military-industrial complex of NATO countries will be inundated with orders.

In addition, in view of the constant rhetoric of Russia with threats towards the countries of Europe, there is a complete rearmament and strengthening of its defense capability. Thus, Russia's military aggression has given another round to the arms race, and this influence will last for several decades to come.
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