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Joined 11 months ago
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Cake day: November 19th, 2023

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  • I think it is more accurate to say that most western economies are dominated by monopolies, which are themselves controlled by hedge funds and the like. The Hedge funds blindly chase profit with little to no regard what enterprise they are actually investing in. This works so long as the productive enterprises holding up western economies (heavy industries, sectors critical to national security) are profitable from their monopoly status (upheld by patents, subsidies and high barriers of entry). But as soon as western economies start facing external competition, their monopolies loose profits, the hedge funds retract investments in western monopolies, and the whole game starts unraveling.









  • On an average day in the 905-day wider war, the Russian military loses nearly four tanks and nearly eight infantry vehicles, according to a running tally by the analysts at Oryx. The Ukrainian military loses just one tank and three infantry vehicles on an average day.

    Given the sizeable artillery and drone advantage that Russia holds, this statistic sounds like bullshit.

    If go to the website mentioned, they explain that their stats are based on videographic evidence and count captured or abandoned equipment as losses.

    What I am guessing is going on here is a combination of factors

    1. Ukraine has less equipment to lose
    2. Significant amounts of Russian equipment is reported as abandoned when it isn’t (it’s hard to judge whether or not a piece of equipment is abandoned just from photos or videos).
    3. Some losses are double counted. It’s not as if the equipment has easily identifiable ids. If a tank is mistakenly identified as abandoned, but it is not, then gets destroyed, it is counted as 2 losses.
    4. Some equipment is identified as Russian despite being Ukrainian. This could be done on purpose for propaganda, but it could also be the result of Ukrainians doing false flag attacks (haven’t heard anything about this though).