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781  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: February 01, 2023, 09:14:37 AM
Your country managed to deal with the crisis in a way better than many of the analysts anticipated.
Hah, you can find "analysts" predicting all sorts of thing but you had to be very naive to believe those fearmongers "predicting" that EU would freeze to death.

Let's be frank, Europe was helped not by analysts' mistakes, but by this abnormally warm winter. There has never been a frost so far this winter.
I have noticed more than once that nature in this war is not on the side of Russia. Previously, it was interesting to observe how Russian ships repeatedly tried to land troops off the coast of Odessa and they were constantly hindered by storms at sea, as a result of which Russia could not carry out such an operation (with the exception of one relatively small attempt with a complete loss of troops), because later the APU it became possible to destroy enemy ships on the way.

Actually, the invasion of Russian troops into Ukraine on February 24 began with the advance almost exclusively along the well-maintained roads of Ukraine, since at that time it was difficult even for tracked armored vehicles to drive through the Ukrainian muddy black soil. We have repeatedly seen photos and videos of serviceable Russian tanks, armored vehicles and other military equipment stuck in the mud and abandoned. At the same time, the advance of the occupying troops almost exclusively along the roads of Ukraine was a good opportunity to shoot many kilometers of columns as if in a shooting range, as a result of which the Russian army suffered significant losses in the first month of the offensive and was forced to retreat from the central and northern parts of Ukraine.

Recently, I was also surprised when I looked at the weather map. A sharp cold snap was from Russia and its borders almost coincided with the borders of Ukraine, and they went around Ukraine almost along the contour of its borders. This is very symbolic.

Russia periodically launches rockets and anything capable of firing at Ukraine's civilian energy infrastructure in an attempt to cause panic and fear among the civilian population because it cannot gain an advantage on the battlefield. And what did she achieve? Only the hatred of Ukrainians for Russia and everything Russian.
782  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: January 31, 2023, 11:48:59 AM
All wars that have been started will eventually end. The war against Ukraine will end with time and Russia has started it. It has been going on for almost a year, and it is already quite obvious that Russia will be defeated in it. But when it will end, no one knows yet.
~~~

As things stand, both the sides doesn't have any reason to stop fighting. Russia is benefiting from increased prices on crude oil, natural gas, potash, sunflower oil and wheat, while Ukraine is receiving tens of billions of USD from the Western nations. The war is benefitting the oligarchs on both the sides, and private defense companies such as Boeing and PMC Wagner. The frontline hasn't moved much since Ukraine reconquered Kherson and Kharkiv three months ago. There are static confrontations in Ugledar, Bakhmut and Kreminna.
Now both Russia and Ukraine are preparing for decisive offensive actions. It was impossible to advance in late autumn and this warm winter, when the soil was not frozen enough, and there was a lot of moisture and heavy equipment bogged down in the Ukrainian black soil. This is one of the reasons why positional battles have continued on the fronts in recent months. On the other hand, Russia ran out of steam in offensive operations. That approximately 200,000-strong invasion army, which used the best Russian armored vehicles, has already been practically defeated and destroyed in Ukraine. Therefore, in Russia, since the end of September, the population has been mobilized for war, and this is not such a fast process. But the Kremlin is in a hurry to gather more forces and means and launch another attack on Ukraine even before Ukraine receives heavy tanks and other military equipment from civilized countries. Ukraine also uses this time to bleed the enemy with pinpoint strikes. But with the beginning of spring, active hostilities and offensive operations will resume on both sides.

Therefore, it is not a matter of a separate petty benefit. From the preparation and conduct of hostilities this spring on both sides, without exaggeration, the fate of both Ukraine and Russia is being decided.
783  Economy / Economics / Re: The Economist: 335000 people could "freeze to death" in Europe on: January 31, 2023, 11:17:59 AM
335000 doesn't seem hyperbolic -- "freeze to death" is not in the proverbial sense that someone literally dies of hypothermia. There's a lot of ways someone can die from too low temperatures, mostly it's the elderly who die of heart conditions because the temperature provides excess stress on the cardiopulmonary system.

In any event, the only global cause of this issue is the energy crisis driven by the Ukraine war. This is mostly self inflicted, Europe chose not to diversify their energy sources and took a deep dive into unsustainable renewables. Cheap energy saves lives.
The information that Europe will freeze this winter was deliberately disseminated by Russian propaganda so that European countries would not refuse Russian oil and gas supplies, and would not assist Ukraine in its defense against Russian aggression. We already see that the disseminated information has nothing to do with reality. Europe, in principle, successfully manages without Russian energy carriers, and this winter is even much warmer than usual. There is one more month of winter left, and so far we do not see even signs of the predicted horror stories. Russia has lost big here too.



The price of gas at Europe's largest TTF hub in the Netherlands has fallen to 53 euros per MWh (about $562 per thousand cubic meters), the lowest level since September 2021. This is evidenced by the data of the tradingeconomics platform.

The fall in prices is due to the expected reduction in demand for gas due to warming on the European continent from next week.

The high occupancy of gas storage facilities in Europe for this period of the year also affects the price dynamics. The vaults are about 69% full, well above the 10-year average of 54% for this time of year.

An increase in the supply of liquefied natural gas from the United States to Europe is also expected after the launch of the Freeport LNG export gas hub, which has been closed since June 2022. Therefore, Europe is not going to freeze at all.

[moderator's note: consecutive posts merged]
784  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all new Projects are bad, So take the Risk on: January 31, 2023, 09:22:00 AM
In terms what the projects can be categorized as bad?

If you're only talking about the coin that doesn't make you get a good return is bad, even a scam project can do this because of their manipulation. It just depends on your timing when you're buy and when you're sell the coin, in this case you're don't care either the project is legit or scam.

If you're talking about the coin that doesn't have any use case is bad, 99,9% altcoins are bad since they're just copycat the past successful coin.
Of course, cryptocurrency is developing more and more areas of use, simplifying and facilitating our lives. Such useful projects still arise periodically and investing in them will bring good returns. But there are many more useless and fraudulent projects, and our profit will depend on how correct our choice is. The fact is that not only the usefulness of the project and its cryptocurrency determines success. The correct selection and professionalism of the team, the organization of activities and even the period of time for the implementation of such a project also play an important role. It is impossible to foresee everything in advance, and therefore even very useful projects sometimes fail.
785  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto banks replace traditional banks soon on: January 30, 2023, 08:26:28 PM
It all depends on every government in each country to accept crypto as a solution to their financial problems. But if a government disagrees with crypto, it will still take time before the bank can implement it in that country because the government still believes in their methods. Even though the bank has to adapt to the current situation, it is not easy to replace a system that has been running for decades. So it seems that it will take some time to see massive adoption of crypto in banking in all countries.
States and their governments will not accept cryptocurrencies as a solution to their financial problems. Cryptocurrency can walk in the state along with the national currency of states, but will not replace it. States will not work with a currency over which they do not have leverage. Therefore, cryptocurrency banks will not be able to replace the existing banking system of states. These are completely different financial assets for servicing the economy and crypto banks are not suitable for this.
786  Economy / Economics / Re: CBDCs Cannot Save Weak Currencies on: January 30, 2023, 08:09:10 PM
I agree with you that CBDC cannot rescue fiat because they are really one, CBDC is just digital version of Fiat and its strength depends on the economy of that country. But not all CBDCs will fail, like fiat. If the US launches its own CBDC then surely the US CDBS will have the same strength as their USD.
The weak national currency of the states means its weak economy. Therefore, the currency is saved by strengthening the economy of the state, and not its financial system. CBDCs are only more efficient non-cash payments of the national currency of this state compared to the current existing system of non-cash payments. They improve the functioning of the national currency, but do not strengthen it. CBDC is actually not related to cryptocurrency.
787  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: January 30, 2023, 07:23:40 PM

I speak to a Ukrainian friends of mine. And she told us that their kids are sleeping in fear
And they are still hoping that this war ends soon.
May we see the dawn of the peace to bless all the suffers of the world
All wars that have been started will eventually end. The war against Ukraine will end with time and Russia has started it. It has been going on for almost a year, and it is already quite obvious that Russia will be defeated in it. But when it will end, no one knows yet. The active phase of hostilities should end this year. In the spring, when military assistance from other states arrives in Ukraine and when the weather is favorable, the Armed Forces of Ukraine will be able to continue the liberation of the occupied territories of Ukraine. At this time, the Ukrainians will definitely liberate the south of their country and go to the sea and the Crimean peninsula.

But so far, the entire territory of Ukraine continues to be periodically shot through by expensive Russian missiles, of which, according to Ukrainian intelligence, only less than 19 percent remain in Russia.
788  Economy / Economics / Re: White House Blames Congress for Failure to Enact Crypto Regulations on: January 30, 2023, 01:39:26 PM
States, of course, will eventually increase the regulation of the circulation of cryptocurrencies in society. After all, financial relations cannot continue to remain in the gray zone. While the capitalization of the cryptocurrency market was relatively small, the states could not notice the movement of the cryptocurrency. But over time, the situation is changing. The role and importance of cryptocurrency is growing, the damage caused to citizens as a result of abuse and various frauds is increasing. The collapse of the FTX cryptocurrency exchange and the UST stablecoin alone, as the OP pointed out, caused $72 billion in damage to cryptocurrency holders. The only question is what kind of regulation this will be for cryptocurrency market participants.
789  Economy / Economics / Re: Iran and Russia want to issue new stablecoin backed by gold on: January 29, 2023, 11:09:17 AM
Iran is now the main military ally of the Russian Federation, both terrorist countries exchange military technologies and weapons, conduct joint military operations. In this regard, very interesting events took place there on the night of January 28-29. It became known about a number of powerful explosions in Iran. There was information that key military factories were attacked by drones. Also, more than five Iranian military bases were bombed, and there is even a chance that the infamous factory that produced the very "shaheeds" with which the invaders terrorize the Ukrainians was destroyed. Also, some media have spread information that Israel has launched a special military operation on the territory of Iran, but there is no official confirmation yet.

It is reported that numerous cities in Iran itself were under attack - Isfahan, where, among others, the objects of the nuclear program of the Iranian dictatorship, Tabriz, Rasht, Khoy, Hamadan, Keredzh and others are located. There were also attacks on government buildings in Tehran.
A fire broke out at an oil refinery in the Shahid Salimi area. Military bases, weapons factories and oil refineries are on fire (air base in Hamadan, oil refineries in Tabriz and Azarshahri, an ammunition factory in Isfahan (a city 340 km south of the capital of Iran). These factories could also produce Shahed drones, one of the sites located at the Badr Air Base in Isfahan Province, Isfahan is also home to factories involved in Iran's nuclear program.

Some Twitter users say the factory produces warheads for the Shahed kamikaze drones that Iran is supplying to Russia for attacks in Ukraine.

Israel may be behind the numerous strikes on Iranian military facilities on the night of January 28-29. Israel's goal is allegedly the complete destruction of the Iranian military industry. At the same time, Israel has not officially commented on these assumptions. However, right now the Israeli army has begun bringing troops into the cities of Shechem and Beit Ummar (Judea and Samaria). The goal is to eliminate the infrastructure and manpower of local terrorist groups controlled by Iran.

“Tonight we decided to attack terrorist organizations. Our response will be strong, fast and accurate. Whoever wants to harm us, we will harm him too,” Israeli Prime Minister Benjamin Netanyahu allegedly said.

It is noteworthy that Iran, armed with the latest Russian air defense systems, was unable to repulse the attack.

Opposition and protesters have become more active. Shooting began on the streets of Iranian cities, local media reported. In the city of Javanrud, rebels storm police stations and IRGC bases.
790  Economy / Economics / Re: The Taste of an Economic Downturn on: January 28, 2023, 09:22:10 AM

The war between Russia and Ukraine happened so suddenly even Ukraine did not believe that Russia would attack them, so no government could predict what would happen so and no government could prepare. Second: what we are experiencing as a result of the covid pandemic, the government should have a part to play in this but should not put all the blame on them. There will be no way to recover the economy quickly when the war is still going on, and China's economy is closed, causing supply and demand chaos. No matter how good the government is, it can't solve everything alone, our world is interconnected.
Indeed, in Ukraine, even many officials in power did not believe that the Putin regime in Russia was capable of launching a full-scale military invasion. However, the Armed Forces of Ukraine were ready for such a scenario of events and, on the eve of the invasion, secretly withdrew aviation, air defense and artillery from their bases, so the massive Russian attack on their reconnoitered positions in the first days of the invasion did not give the effect that the invaders were counting on. Despite the fact that Russia has repeatedly stated that in the first days of the attack, Ukrainian aviation and air defense were completely defeated, it was they who played a significant role in the fact that after a month of hostilities, Russia hastily withdrew its half-broken armies from the central and northern regions Ukraine, which were under the threat of complete annihilation. And this was at a time when no one had yet given serious weapons to Ukraine, because according to their forecasts, Ukraine had to hold out against Russia for no more than one week.

The war that Russia unleashed in the center of Europe in the 21st century disrupted many trade and economic processes, and therefore the world economy suffered greatly from this. The current economic decline is a direct result of the Kremlin's military adventure. That is why civilized countries have decided to help Ukraine win this war.
791  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: January 28, 2023, 08:24:18 AM

From this month onwards, it will get tricky. GOP has a simple majority in the United States House of Representatives. And furthermore, in order to win the speaker election, McCarthy had to enter in to a compromise deal with the conservative Republicans and he will not be able to support bipartisan measures. Sending military aid to Ukraine will be difficult for Biden, in cases where House approval is required. GOP is not as excited as the Democrats, to spend tax payer money on Ukraine. If the Ukrainians lose major cities such as Bakhmut and Soledar, it will get even more complicated. 
Civilized states have already come to a consensus that it is not worth negotiating with Putin and that Russia should lose the war of conquest it unleashed in Ukraine. Therefore, the United States, European countries and other states will provide Ukraine with as many weapons as it needs to inflict a military defeat on Russia. Twelve states have already agreed to provide Ukraine with heavy tanks, over a thousand armored vehicles and other weapons. Now the issue of providing Ukraine with F-16 fighters is being decided.

Both Republicans and Democrats are now demanding that Biden provide Ukraine with as many weapons as it needs to win, and a large group of 17 specialists from the United States is already arriving in Ukraine to control the use of the transferred weapons.

The armed forces of Ukraine are now capable of inflicting a decisive defeat on Russia and liberating their territories, but Ukraine still lacks weapons. The offensive of the Armed Forces of Ukraine has been delayed for the time being both because of this reason and because of bad weather conditions. The loss of Bakhmut and Soledar does not have any significant significance. About 10 thousand people used to live in Soledar, now there are about 500 people there, and this small town is now nothing but ruins, where it is difficult to keep the defense. Therefore, the Armed Forces of Ukraine had already left Soledar and occupied more advantageous, fortified positions prepared in advance behind it on elevated high-rises, at the same time inflicting fire damage on the Russians in this area. Bakhmut has been held by the Armed Forces of Ukraine for eight months, for which it is even called a fortress. But in general, the Armed Forces of Ukraine are now ready to attack, and one of the most promising directions for the offensive is the south, in order to cut Russia's land corridor to the occupied Crimea.
792  Economy / Economics / Re: Iran and Russia want to issue new stablecoin backed by gold on: January 28, 2023, 07:41:12 AM

Of course Russia can do it on its own but usually when something is done between two countries, it's done by both of them and yeah, it also strengthens bonds between them. Also, Russia wants to show the world that it doesn't need the west and it can manage quite well with countries like Iran, India, China, etc. But I highly doubt that!
Recently, the last of the largest banks in Russia was banned from using the dollar in settlements with other states. In trade with Pakistan, Russia has already agreed to use even Pakistani rupees. In Russia, difficulties simply appeared in using the currency in trade transactions with other states. It is unprofitable for other states to take Russian rubles now. Russia continues to fight, its economy is slowly falling apart both from the war and from the imposed sanctions. Therefore, the ruble will continue to fall in price and this process will take a long time. Therefore, Russia had a need to create something new, and in order for this currency to inspire confidence, it is backed by gold, which is also under sanctions.
793  Bitcoin / Bitcoin Discussion / Re: Will countries ban Bitcoin mining due to environmental concerns? on: January 27, 2023, 09:58:25 AM
There's a good chance they may impose restrictions or outright bans on small-scale bitcoin mining because it is the most deteriorating form of crypto mining that exists today. Large-scale minings aren't that debilitating as they use their very own energy source as a way to power their operations. Small-scale GPU/CPU miners use their local grid's electricity supply and therefore their local energy resource to power their operations which is not only sustainable on the provider's part, but is also detrimental to the quality of the environment. Add to this the fact that more and more people are becoming more aware and active in protesting for the welfare of the environment, and it's sure as shooting that they'd impose such bans in the future if this type of situation keeps up.
Whether states will ban or tighten the mining of bitcoin or other cryptocurrencies with the PoW algorithm will depend on how they solve the current energy shortage problem. Most likely, the state will discuss this issue and such a decision is quite possible. However, this is unlikely to affect the circulation of bitcoin.
According to Blockchain.com, 90% of all bitcoins were mined 12 years after miners received the first bitcoins. This means that about 18.9 million coins out of a maximum supply of 21 million are now on the open market. Therefore, even if states decide to ban bitcoin mining, and even if they can control such a decision, then bitcoin may well get by with the current amount of almost 19 million.
794  Economy / Economics / Re: Do you think Bitcoin will lead the world's current market on: January 27, 2023, 09:35:52 AM
Bitcoin is still growing and we hope that Market will reach a level where it will be bigger than all other market. This is a journey that is going to be accomplished even though it's going to take a longer time. The cryptocurrency market is here to stay and we are going to see more of the greatness when Bitcoin reaches like 100k dollar.
In order for bitcoin to lead the international market, it is necessary for states to use it for settlements in their international agreements. But this is hardly to be expected either in the near or in the distant future. Non-cash settlements of states are obsolete, but they will move to national and regional CBDCs both based on the blockchain and without it. High price volatility and lack of control over decentralized cryptocurrency will not allow states to use cryptocurrency on the world market. But citizens of different countries can do it.
795  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: January 27, 2023, 12:57:39 AM

The only way to stop an invading force is to hit them where it hurts which is hitting Russian infrastructure on Russian soil.
Look at any other invasion in the history, they never end by fighting the war in the invaded territory. WW2 didn't end because Nazis were defeated in the front-lines kilometers outside Germany or for example the invasion of Yemen stopped the day the armed forces of Yemen managed to attack their invaders' infrastructure inside their own soil (eg. Aramco in Saudi Arabia, UAE airbases and US military bases in the region, etc.).
Putin and his entourage are now in despair and are looking for a worthy way out of the failed war in Ukraine. Russia has several options and they are either bad or very bad for her. Therefore, Putin is simply hoping for a miracle, for a change in the situation in the world in his favor. But the United States and Europe, by making decisions on the supply of their main tanks, have already made it clear that there will be no compromises. Recently, Putin was still given the opportunity to save face in the event of the actual defeat of Russia. The decision to supply tanks to Ukraine (and the issue of F-16 fighters is already being decided) indicates that Putin has missed the last opportunity.

In Russia, the people have been zombified for a very long time by Putin's propaganda, which distorted objective reality, created the image of a fictional enemy and the illusion of the power and invincibility of the Russian people. The problems that arose there were always tried to be solved from a position of strength, or threats to use it. But self-confidence and corruption have taken their toll. The Armed Forces of Ukraine brought Russia back to its current reality. Therefore, they are already slowly beginning to see clearly there. Based on this, the United States, the West, and Ukraine as well, make decisions in stages and in relation to the situation that has arisen. Therefore, it is possible that the Armed Forces of Ukraine will have to operate on the territory of Russia in the future. Already now, Ukraine is striking at military airfields, the accumulation of troops and equipment on the territory of Russia. Of course, Ukraine will stop when there are clear guarantees that Russia will not attack in the future. At the same time, the assurances of false Russia will not be taken into account.
796  Economy / Economics / Re: Excessive Rain Can Hamper the Economic Cycle on: January 26, 2023, 09:18:27 PM
Nature itself warns of the need to end the consumerist and barbaric attitude of man towards her. If people on our planet do not draw the appropriate conclusions, then it will be even worse. The average temperature on our planet is rising at an alarming rate. Because of this, the climate, the direction of sea currents, the direction of winds, and air masses change very dramatically. Everything that had previously been established in nature and to which people were accustomed began to move. It is difficult to break the balance in nature, but it is even more difficult to correct the situation later. Already now, great efforts are needed by all mankind in this matter, otherwise the situation will only worsen.
797  Economy / Economics / Re: How can we end the *VOLATILITY OF BITCOIN* on: January 26, 2023, 09:03:08 PM
Here the question is. Do we want to end bitcoin volatility?

I think volatility is the best part of bitcoin because we can make huge profits just by holding our coins, and that is how people become rich with bitcoin, buy low and sell high, that's how it works. And bitcoin without volatility wouldn't be as cool as it is right now. It's an investor's tool to hit the moon. So, no one wants to end its volatility.
Agree. It is the high price volatility in the cryptocurrency market that attracts a significant number of both traders and cryptocurrency holders. If the price volatility were at the level of other markets, the cryptocurrency would not have such demand as it is now. Therefore, it is not even worth artificially interfering in this process. True, so far we do not know which way the regulation of cryptocurrencies by the states will go.
The volatility of bitcoin and other cryptocurrencies could decrease or even disappear if the cryptocurrency loses its decentralized nature. However, there is an opinion that with the increase in the adoption of cryptocurrency, its price volatility will decrease. Let's see how it will be in practice.
798  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: January 25, 2023, 12:53:33 PM

Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.
The United States dealt another heavy blow to Russian banking and energy. The last major Russian bank was deprived of access to American correspondent accounts, that is, now it will not be able to carry out transactions with US dollars. The Kremlin financial structure will not be able to make cross-border dollar transfers from next Friday, January 27th. The reason is the closure of correspondent accounts of Gazprombank in the American JPMorgan Chase Bank and Bank of New York Mellon.
To trade Russian energy resources, the Kremlin will now have to switch to gray and even criminal schemes. And this means that the budget of the Russian Federation will become even more scarce than previously expected. Well, in Russia there is a good opportunity to switch to cryptocurrencies in their calculations, or at least to stablecoins.
799  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: January 25, 2023, 12:40:24 PM

So far the United States have provided the maximum amount of military and financial aid to Ukraine. But even then, the current war is likely to have more of an impact for the EU rather than the US. Americans can just print a few hundred billions of USD worth of banknotes to take care of the additional expenses, since USD is the reserve and trade currency of the world. On top of that, the private corporations such as Boeing and Raytheon are benefitting out of this war. But the EU doesn't have any such luxury. The aid that is being given to Ukraine is straining their finances.
Yes, the United States is now providing maximum support to Ukraine, since Biden's decision on the supply of Abrams tanks to Ukraine in order to stimulate Germany to transfer its Leopard tanks to Ukraine should be made public today. Also in the United States, a decision was made to increase the production of shells sixfold, bringing them to 90,000 per month, in order to meet the needs of Ukraine and create its own reserve for possible subsequent conflicts. In addition, due to the fact that Russian military equipment did not perform well in the war in Ukraine, the demand for equipment from NATO countries is growing, so NATO will have plenty of military orders, their military-industrial complex will work at full capacity.

For the countries of the European Union, Russia's war in Ukraine, of course, is annoying in terms of providing financial, material and military assistance to Ukraine. But they have already understood that in this way they avoid war on their territory. Now every day the blood of Ukrainians is shed, and therefore Europe agrees to help Ukraine, if only to avoid such a fate.
800  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: January 25, 2023, 09:35:50 AM

I have read in the news that the EU is planning to supply Ukraine with 100 tanks in the near future, and Russia has warned that the consequences will be more serious if that happens. I am really worried about a small scale nuclear war that will break out, and it will be the trigger for world war 3, which is really worrying. This is an escalation of the war by Nato, they are trying to destroy Russia through Ukraine.
Today, Biden is due to make a statement about the supply of Abram's tanks to Ukraine, and Germany must decide on sending their Leopard tanks to Ukraine and allowing other countries to transfer these tanks to Ukraine. But this is not the way to escalate the war. This is a normal way of subduing an aggressor and forcing him to peace by inflicting a military defeat on him. The US and Europe have already understood that if Russia is not stopped now, it will go further to the Baltic countries, Poland and its other neighbors. Then hostilities will grow in scale and territory. There is simply no other way to stop Russian aggression. In fact, the Third World War is already underway on the territory of Ukraine and it was unleashed by the Putin regime in Russia. This is their choice and the Russian people will have to pay for it for many decades.

Earlier, Western countries offered Putin a plan to end the war, even with the possibility for Putin to retain power in Russia for some time. To do this, Putin must withdraw his troops from Ukraine as of February 23 last year, agree to the extradition of war criminals and reparations to Ukraine. At the same time, Crimea should be preparing for the return to Ukraine for seven years, the issue only of Donbass should be resolved through diplomacy. After the withdrawal of troops from Ukraine, Putin may be given a period of one year to resolve internal problems and hold elections in Russia. Otherwise, the West threatened to supply as much military equipment to Ukraine as necessary for the complete defeat of Russia and its capitulation. It looks like the peace plan didn't work.
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