That is a ridiculously spun propaganda narrative Shade.... Spiked Kool-aid induced opinion if I ever heard one .. almost the mirror .. called mirroring ...
It is Ukraine who has thrown everything at it -- men, equipment, .. used up all NATO stocks as well .. running out of 155 mm artillery shells and everyting else... human wave attacks at the Russian Defensive lines .. can't get equipment too close or it gets destroyed .. Russian Drones in control of the Air space .. pinpoint targeting the artillery .. of which Russia has a 10 - 1 advantage.
The territory Putin has Gained thus-far produces 80% of Ukraine's GNP .. and the strategic gains .. control over the black Sea and so on ..are large.
On the Economic Side .. business has never been better in Russia .. continued improvement. On the down side ... for US-NATO / "the West" Sanctions were a big fail.. and with this backfire has come major economic hurt to Europe .. Loss of cheap energy is no joke .. German factories having to move to China kind of "No Joke" This little proxy war has turned out to be Economic War on Europe .. leaders in political trouble .. they don't want this war .. pressure to negotiate increasing
Across the Pond in La La Land .. the BRICS .. now BRICS PLUS .. are seriously working towards a competitor to US Dollar for international Trade / reserve currency. .. but our markets are acting like this is already the case .. Competition for debt .. drives interest rates up .. and we are well into the Debt Danger zone.
If one understands nothing else .. understand that 33 TRillion in Debt .. in a rising interest rate environment .. is a bad thing.. at the current rate .. the inverted 2 year Treasury note is yeilding 5.2% --- up significantly from the 0.5% in 2021.
and if you were wondering if 1000% increase in your monthly rent payment would be significant ... Check
but how significant .. is it really like my rent going up 1000% .. and well .. not quite a linear relationship .. its bad.. for example .. the Interest on our Debt was roughly 400 Billion from Clinton 1992 .. to Obama roughly mid way .. so 2015 .. or there abouts. This is because although our debt went mugh higher 5 TRillion to 20 Trillion .. the ave interest rate went much Lower .. 7% down to where it currently sits at 2%
A quick calculation tells you that something has changed .. our payments are no longer 400 Billion .. but 33 TRillion x 2% =660 Billion
Ouch .. that more than a 50% increase .. but far cry from 1000% right ? .. Yeah .. well .. that ave interest rate is movinng up fast .. financing huge amounts at much higher rates .. if that average moves up just 1% to 3% .. which is historically still very low .. the interest payment goes to 1 Trillion .. and if it goes up to 4% (remember it used to be well above 7% in the Reagan years) we are talking 1.3 TRillion .. and our ship is sunk with revenue 5 Trillion and we are struggling to maintain 4.5 Trillion as it sits.. that in spite of massive deficit spending which artificially inflates the numbers short term like a nitrous oxide boost ..
https://www.cnbc.com/quotes/US2Y