Russian invasion of Ukraine | Fewer tweets, more discussion

Monthly numbers on the national wealth fund are out. More relevant this month because December is when most bills fall due and when they have to draw on various funding sources, such as the nwf, to plug the budget deficit.


The 1.3 trillion rubles withdrawn equals what was already planned in their budget reports during the year, released around mid-2024. Problem is they increased the expected deficit by another 1.5 trillion rubles, without showing how that would be funded. That was around September, so the end figure could be higher. Its not coming from the nwf apparently and its not coming from bond sales, they barely reached just short of their target on those after some last-minute shenanigans.

https://bsky.app/profile/prune602.bsky.social/post/3lfuhcotvmk25
 
Monthly numbers on the national wealth fund are out. More relevant this month because December is when most bills fall due and when they have to draw on various funding sources, such as the nwf, to plug the budget deficit.


The 1.3 trillion rubles withdrawn equals what was already planned in their budget reports during the year, released around mid-2024. Problem is they increased the expected deficit by another 1.5 trillion rubles, without showing how that would be funded. That was around September, so the end figure could be higher. Its not coming from the nwf apparently and its not coming from bond sales, they barely reached just short of their target on those after some last-minute shenanigans.

https://bsky.app/profile/prune602.bsky.social/post/3lfuhcotvmk25


For which country are these numbers relevant? I'd Google it but can't be arsed.
 
Mike Waltz was on ABC News this week discussing the Ukraine war and negotiations.

https://abcnews.go.com/Politics/waltz-hamas-hostage-negotiations-underway/story?id=117587444

He said that there would be no more blank cheques/support as long as it takes. And that it is not realistic for Ukraine able to get all their territory back, and that the entire world is now realising that as well. And ofcourse dangers of escalation, this is growing into a world war, etc.

He also produced this nice quote in regards to their issues on the frontlines:

If the Ukrainians have asked the entire world to be all in for democracy, we need them to be all in for democracy, and they certainly have fought bravely, they certainly have taken a noble and tough stand, but we need to see those manpower shortages addressed. Which isn't just about ammunitions and writing more cheques, its about seeing those frontlines stabilized so we can enter into some kind of deal.

And in this context he mentions lowering the draft age to 18 to address manpower issues. Which is something I had hoped would stop being discussed after Biden is gone.

It's a strange thing to talk about since he also mentioned that this was a bloody WW1 style meatgrinder with extreme number of casualties, and needed to be stopped as soon as possible. What sense is there to mobilize 18 year olds into such a war?

Do they have any clue on how they can bring a peace deal other than bullying Ukraine into accepting whatever concessions Russia demands, with threats of cutting off aid if they refuse? Marko Rubio also talked about the need for Ukraine to make concessions in a recent senate hearing, and that they would not be able to get all their territory back. Keith Kellogg has talked about that as well. They will try to make a peace deal at whatever cost to Ukraine it seems.