Poo tin... Put@in...
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The "crackdown" is being delayed for 18 months. Eighteen effin' months!
We know the reason why. It is deplorable. They need to be held to account. Now.
https://www.independent.co.uk/news/uk/politics/russian-oligarchs-boris-johnson-ukraine-b2026710.htmlThe above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
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Yip - that's pretty much what I've been reading too. It's crazy.briantrumpet said:0 -
thegreatdivide said:
Yip - that's pretty much what I've been reading too. It's crazy.briantrumpet said:
Even more detail... read through the thread, and someone posits that they aren't even Chinese fakes, but Belarusian ones.
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most of the British budget is wasted on masssive inefficiencies and utterly rubbish kit that is used by a dinosaur outdated inefficient organisation run by people who wouldn't know modern strategic management if it came along and kicked them up the backside.Pross said:
Heard the other day that Russia's defence budget is less than the UK's. I didn't that could be right so just did some checking and Wiki (yes, I know but has references) shows Russia as the 4th biggest spender and the UK as 5th but only $1.5 billion difference. Considering the number of troops Russia has and the area they have to cover that seems incredible.seanoconn said:I had assumed that Russia were good at this war business but apart from massive numbers they seem to lack training and organisation.
Makes me wonder where our spending is going, you would assume quality over quantity but I suspect the MFs (and pretty much anyone in the British military I've heard) would disagree!
the british army has some of the worst kit in the world foisted on it - why do you think no one else uses our rifle? why do we all buy our own boots, sleeping bags, jackets......The camera down the willy isn't anything like as bad as it sounds.
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The IOC has finally decided to excluded all Russian and Belarusian athletes from the Paralympics after everyone else basically threated to pull out.
They are doing the usual sport and politics shouldn't mix bit. Which frankly I don't get. As soon as you compete under a flag rather than as an individual then politics is automatically playing a part.0 -
Get into bed with an oligarch and they have dirt on you - they're that radioactive and they know how to use that.pblakeney said:The "crackdown" is being delayed for 18 months. Eighteen effin' months!
We know the reason why. It is deplorable. They need to be held to account. Now.
https://www.independent.co.uk/news/uk/politics/russian-oligarchs-boris-johnson-ukraine-b2026710.html0 -
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Yes it is quite hard to listen to the people who have been feeding at the sportswashing trough for decades now claiming with a straight face that sports and politics don't mix.JimD666 said:The IOC has finally decided to excluded all Russian and Belarusian athletes from the Paralympics after everyone else basically threated to pull out.
They are doing the usual sport and politics shouldn't mix bit. Which frankly I don't get. As soon as you compete under a flag rather than as an individual then politics is automatically playing a part.
The FIA stillhaven't excluded Russian drivers.0 -
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Time for the clean ones to step up to the plate.rick_chasey said:
Get into bed with an oligarch and they have dirt on you - they're that radioactive and they know how to use that.pblakeney said:The "crackdown" is being delayed for 18 months. Eighteen effin' months!
We know the reason why. It is deplorable. They need to be held to account. Now.
https://www.independent.co.uk/news/uk/politics/russian-oligarchs-boris-johnson-ukraine-b2026710.html
"We stand fully behind Ukraine. As long as we are not inconvenienced." Not good enough.The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
What does this actually mean, in practice? Not in finance, so assume relatively basic Baldrick-level explanation may be required.rick_chasey said:First Russian state bond default last night.
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The government will struggle to borrow money to run the country or fund the war or if they do, it will be bloody expensive.0
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The credit rating must already be as bad as it can get, and they are already locked out of most major currencies, so how will defaulting make that worse? Or is it just an indication that sanctions are biting?shirley_basso said:The government will struggle to borrow money to run the country or fund the war or if they do, it will be bloody expensive.
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If you start to default, people bluntly will stop buying your debt.First.Aspect said:
The credit rating must already be as bad as it can get, and they are already locked out of most major currencies, so how will defaulting make that worse? Or is it just an indication that sanctions are biting?shirley_basso said:The government will struggle to borrow money to run the country or fund the war or if they do, it will be bloody expensive.
In a normal world the gov't would then get into a big long legal dispute about how much money the investors can claw back etc, but then this is Russia.0 -
It's like they forgot those previous Olympics where nations did not compete. They really are tools.JimD666 said:The IOC has finally decided to excluded all Russian and Belarusian athletes from the Paralympics after everyone else basically threated to pull out.
They are doing the usual sport and politics shouldn't mix bit. Which frankly I don't get. As soon as you compete under a flag rather than as an individual then politics is automatically playing a part.0 -
And in a world where Russia says, we are Russia, the world needs us, go away? (More to the point, what if they say that to China, the UAE or some of their other friends?)rick_chasey said:
If you start to default, people bluntly will stop buying your debt.First.Aspect said:
The credit rating must already be as bad as it can get, and they are already locked out of most major currencies, so how will defaulting make that worse? Or is it just an indication that sanctions are biting?shirley_basso said:The government will struggle to borrow money to run the country or fund the war or if they do, it will be bloody expensive.
In a normal world the gov't would then get into a big long legal dispute about how much money the investors can claw back etc, but then this is Russia.
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Well yes the govt may say “go f@ck yourself we’re not paying and by the way have you met Vlad, my heavy set mate? Go follow him into his sound proof basement” but then no-one will want to touch any other bonds.0
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are they not banned from buying new bonds?rick_chasey said:Well yes the govt may say “go f@ck yourself we’re not paying and by the way have you met Vlad, my heavy set mate? Go follow him into his sound proof basement” but then no-one will want to touch any other bonds.
Surely all the arguments about an independent currency kick in that they can just keep creating money?
It is hardly like they need hard currency topay for imports0 -
Not all buyers are international.surrey_commuter said:
are they not banned from buying new bonds?rick_chasey said:Well yes the govt may say “go f@ck yourself we’re not paying and by the way have you met Vlad, my heavy set mate? Go follow him into his sound proof basement” but then no-one will want to touch any other bonds.
Surely all the arguments about an independent currency kick in that they can just keep creating money?
It is hardly like they need hard currency topay for imports
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The debts are in foreign currencies.surrey_commuter said:
are they not banned from buying new bonds?rick_chasey said:Well yes the govt may say “go f@ck yourself we’re not paying and by the way have you met Vlad, my heavy set mate? Go follow him into his sound proof basement” but then no-one will want to touch any other bonds.
Surely all the arguments about an independent currency kick in that they can just keep creating money?
It is hardly like they need hard currency topay for imports0 -
are they not banned from buying new bonds?
Surely all the arguments about an independent currency kick in that they can just keep creating money?
It is hardly like they need hard currency topay for imports
This gives a nice, clear overview of what the West are aiming to do to the Russian economy and the potential impact.
https://inews.co.uk/opinion/putin-is-facing-the-most-severe-assault-on-a-major-economy-in-modern-history-14938400 -
buy it themselves with QErick_chasey said:
Not all buyers are international.surrey_commuter said:
are they not banned from buying new bonds?rick_chasey said:Well yes the govt may say “go f@ck yourself we’re not paying and by the way have you met Vlad, my heavy set mate? Go follow him into his sound proof basement” but then no-one will want to touch any other bonds.
Surely all the arguments about an independent currency kick in that they can just keep creating money?
It is hardly like they need hard currency topay for imports0 -
then they are fvckedTheBigBean said:
The debts are in foreign currencies.surrey_commuter said:
are they not banned from buying new bonds?rick_chasey said:Well yes the govt may say “go f@ck yourself we’re not paying and by the way have you met Vlad, my heavy set mate? Go follow him into his sound proof basement” but then no-one will want to touch any other bonds.
Surely all the arguments about an independent currency kick in that they can just keep creating money?
It is hardly like they need hard currency topay for imports
Clinton political adviser James Carville said at the time, "I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a . 400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody."0 -
I would imagine people aren't substituting knock-off tyres and pocketing the savings, though.MattFalle said:
most of the British budget is wasted on masssive inefficiencies and utterly rubbish kit that is used by a dinosaur outdated inefficient organisation run by people who wouldn't know modern strategic management if it came along and kicked them up the backside.Pross said:
Heard the other day that Russia's defence budget is less than the UK's. I didn't that could be right so just did some checking and Wiki (yes, I know but has references) shows Russia as the 4th biggest spender and the UK as 5th but only $1.5 billion difference. Considering the number of troops Russia has and the area they have to cover that seems incredible.seanoconn said:I had assumed that Russia were good at this war business but apart from massive numbers they seem to lack training and organisation.
Makes me wonder where our spending is going, you would assume quality over quantity but I suspect the MFs (and pretty much anyone in the British military I've heard) would disagree!
the british army has some of the worst kit in the world foisted on it - why do you think no one else uses our rifle? why do we all buy our own boots, sleeping bags, jackets.....1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
They seem to waste a lot of money on ceremonial clothes.MattFalle said:
most of the British budget is wasted on masssive inefficiencies and utterly rubbish kit that is used by a dinosaur outdated inefficient organisation run by people who wouldn't know modern strategic management if it came along and kicked them up the backside.Pross said:
Heard the other day that Russia's defence budget is less than the UK's. I didn't that could be right so just did some checking and Wiki (yes, I know but has references) shows Russia as the 4th biggest spender and the UK as 5th but only $1.5 billion difference. Considering the number of troops Russia has and the area they have to cover that seems incredible.seanoconn said:I had assumed that Russia were good at this war business but apart from massive numbers they seem to lack training and organisation.
Makes me wonder where our spending is going, you would assume quality over quantity but I suspect the MFs (and pretty much anyone in the British military I've heard) would disagree!
the british army has some of the worst kit in the world foisted on it - why do you think no one else uses our rifle? why do we all buy our own boots, sleeping bags, jackets.....0 -
Military spending and waste is synonymous everywhere in the world though, right? As soon as there is a whiff of any procurement being military, prices go up more than renting a function room for a wedding. Same with all government procurement - you only have to see the prices a council or the NHS pays for a laptop to realise this.0
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Not just ceremonial. I remember being on site at BAEE in Aldershot many years ago, while RE were doing groundworks, in the pouring rain. The CO, junior officers and NCOs all had Barbour jackets on (genuine Barbours, not cheap Millets copies). Apparently, nothing else kept them dry and the standard issue waterproofs were just junk. Maybe there's better stuff available now..TheBigBean said:
They seem to waste a lot of money on ceremonial clothes.
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my Barbour is from stores and not on my flick. there were about 6 of them just sitting there, doing nothing......imposter2.0 said:
Not just ceremonial. I remember being on site at BAEE in Aldershot many years ago, while RE were doing groundworks, in the pouring rain. The CO, junior officers and NCOs all had Barbour jackets on (genuine Barbours, not cheap Millets copies). Apparently, nothing else kept them dry and the standard issue waterproofs were just junk. Maybe there's better stuff available now..TheBigBean said:
They seem to waste a lot of money on ceremonial clothes..The camera down the willy isn't anything like as bad as it sounds.
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the ceremonial stuff doesn't actually cost that much but more than pays for itself in the softer term.TheBigBean said:
They seem to waste a lot of money on ceremonial clothes.MattFalle said:
most of the British budget is wasted on masssive inefficiencies and utterly rubbish kit that is used by a dinosaur outdated inefficient organisation run by people who wouldn't know modern strategic management if it came along and kicked them up the backside.Pross said:
Heard the other day that Russia's defence budget is less than the UK's. I didn't that could be right so just did some checking and Wiki (yes, I know but has references) shows Russia as the 4th biggest spender and the UK as 5th but only $1.5 billion difference. Considering the number of troops Russia has and the area they have to cover that seems incredible.seanoconn said:I had assumed that Russia were good at this war business but apart from massive numbers they seem to lack training and organisation.
Makes me wonder where our spending is going, you would assume quality over quantity but I suspect the MFs (and pretty much anyone in the British military I've heard) would disagree!
the british army has some of the worst kit in the world foisted on it - why do you think no one else uses our rifle? why do we all buy our own boots, sleeping bags, jackets.....
bear in mind its only the Guards Regts that do ceremonual..The camera down the willy isn't anything like as bad as it sounds.
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How? Some of them cost four figures and get worn once every couple of years at most. I think I'd prefer to have some decent boots.MattFalle said:
the ceremonial stuff doesn't actually cost that much but more than pays for itself in the softer term.TheBigBean said:
They seem to waste a lot of money on ceremonial clothes.MattFalle said:
most of the British budget is wasted on masssive inefficiencies and utterly rubbish kit that is used by a dinosaur outdated inefficient organisation run by people who wouldn't know modern strategic management if it came along and kicked them up the backside.Pross said:
Heard the other day that Russia's defence budget is less than the UK's. I didn't that could be right so just did some checking and Wiki (yes, I know but has references) shows Russia as the 4th biggest spender and the UK as 5th but only $1.5 billion difference. Considering the number of troops Russia has and the area they have to cover that seems incredible.seanoconn said:I had assumed that Russia were good at this war business but apart from massive numbers they seem to lack training and organisation.
Makes me wonder where our spending is going, you would assume quality over quantity but I suspect the MFs (and pretty much anyone in the British military I've heard) would disagree!
the british army has some of the worst kit in the world foisted on it - why do you think no one else uses our rifle? why do we all buy our own boots, sleeping bags, jackets.....
bear in mind its only the Guards Regts that do ceremonual.
"dress blues" was the dress code for those in the army at a friend's wedding. For most, it was the first outing for a number of years.0
