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Topic: Will Russia Emerge As The Next Dominant Superpower - page 21. (Read 8957 times)

legendary
Activity: 2576
Merit: 1860
There are too many points to respond to. In general, however, I don't think Russia is heading toward the direction of becoming the next dominant superpower. Judging by its current actions, it is actually heading toward the opposite direction. It is fast becoming a hermit country than one which dominates the globe. And I don't think a country which effectively isolates itself from the rest of the world has a potential of becoming the world's dominant superpower. In these times, alliances and partnerships matter a lot.

In terms of self-sufficiency, Russia is generally not self-sufficient. Although, of course, not in terms of energy and gas. And although the country has only a very small portion of arable land, food imports have indeed decreased significantly and exports increased. Outside of these, however, Russia is highly dependent on other countries. As a matter of fact, extracting the country's topmost resources needs imported materials and technologies.

And I don't agree that Russia is not trying very hard to invade Ukraine as quickly and as easily as possible. They simply failed. And this is another factor. A dominant superpower should have a strong military. Ukraine, with the help of western allies, has so far proved that Russia's military is not as mighty as it is paraded.

Forget about Bitcoin. It has a very minor role to play, and any country could take a full U-turn in favor of it very quickly.
legendary
Activity: 3472
Merit: 10611
It depends on whether we are going to see a World War or not. If we do, it is not possible to predict because humanity may extinct!
Otherwise if we don't see a World War then there won't be a single dominant superpower because the world has been moving towards multiple superpowers in each region where the world is split into small territories and a strong country forms alliances and dominates that territories while having relations with some of the other powerhouses, some friendly and some not.

One of the main reasons why the West is not really helping Ukraine is because they want to prolong the war as much as they can to increase the cost on Russia and weaken at least one of these powerhouses.
hero member
Activity: 2114
Merit: 603
Russia may not become super power. They are just super giant mass of land and aggressive genetics built in over the time. The problem is, leader isn’t very calm and his commanding is not in the right direction. This will crumble Russia tactics themselves.

Funding won’t stop from the other nations because as of now Ukraine stands as protecting wall to the neighbouring countries. They have long lasting fear that Russia has another plans and may go aggressively further to the EU region.

This is why USA and NATO will not back out from Ukraine.

On the other hand soon after Sanctions imposed on Russian country will start corroding Russian economy. This will be a slow process but eventually it will weaken Russia and they will be in higher debts. The debts won’t be because of taking loans, but because of higher inflation and underlying import of crude oils, rations etc.

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On the plus side if russia is the next dominant superpower they may be bitcoin friendly. At least that would be one positive thing we might look forward to in the horror show that could be the future.

If they become dominant then they will immediately switch to fiat friendly. They care about bitcoin right now because they have international sanction, ceased money overseas and only way to trade outside Russia swiftly is bitcoin with unlimited accessibility.

This will definitely change after Russia becomes dominant super power which is however highly unlikely.
legendary
Activity: 2562
Merit: 1441
for it to emerge as a superpower it would need another part of the equation, which is greater efficiency in the production of goods and services, and a better market economy.


Russians pay around 50% of the income tax that EU citizens pay. I think the median income tax in russia is around 16%. That could translate to efficiency gains and a more deregulated environment in markets and business. The united states proposed a 30% global income tax awhile ago. Which is roughly double the income tax that russian citizens pay.

I am thinking high deficit and debt could have a crippling effect on the US, EU and china if (or when) economic crisis hits. The united states would no longer be able to hand ukraine $40 billion in free cash. Nor would we be able to mobilize our armed forces in the case of an emergency.

Any nation russia invaded would have to fend for themselves without much support from the united states or NATO.

The united states may seem to have no credit limit at the moment with the way we're spending capital. Eventually we will hit a wall and no longer be able to spend with hyperinflating the us dollar. Which could have catastrophic effects on american wealth, job markets and the economy. We won't be able to do much to help ukraine, or anyone else then. Could that be what russia is waiting for to commit to a stronger attempt at invasion?

Those are my thoughts anyway. It seems like basic 2 + 2 = 4. I would be happy if someone came along with a better illustration of the future.
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
What is considered a superpower is what it looks like, a superpower is a country that has great influence in world affairs.
and the state must be strong in military terms, especially in the economy and foreign policy and so on.
and Russia is by no means a part of it, its economy is weak and its foreign influence is not very strong and only the military aspect stands out.
a superpower that can project its influence globally, and currently, the US, China are catching up fast, and the EU stumbles in third.
legendary
Activity: 1372
Merit: 2017
It is not clear to me. On the one hand, as you say, it has little debt and plenty of resources, especially fossil fuels, and it does not have suicidal energy policies. Here I see a clear advantage over the EU. It happens as with China. If it is about to surpass the USA in GDP is largely because of its energy policies.

But for it to emerge as a superpower it would need another part of the equation, which is greater efficiency in the production of goods and services, and a better market economy. It is not enough just to have the resources, which is important, yes, but you have to exploit them well. Let's look at Venezuela for example, where having a lot of resources is of little or no use, because of the garbage policies of the government.
legendary
Activity: 2562
Merit: 1441
During World War II the world's major powers were bombed back to the stone age. With the exception of two nations. Russia and the united states. This set the stage for america and russia to emerge as the world's dominant superpowers leading into the cold war, korean war and vietnam war which followed.

Both the USSR and USA enjoyed the luxury of surviving World War II with their territories and economies largely intact. Profiting handsomely by loaning capital to other nations to rebuild. While the rest of the world toiled under debt and reconstruction efforts.

Looking at the current era a similar trend could emerge. America, the european union and china all carry large ratios of debt to GDP close to 100%. Russia's debt to GDP ratio is by far the smallest of any major power at around 20%. If a major recession hit global markets a case could be made for russia's government and economy being best structured to weather it. Russia is one of the most self sufficient nations in terms of raw materials, food and energy production. Russia also has many other world powers reliant and dependent on them for natural gas and other resources.

Long story short russia has many advantages over the USA, EU and china if an economic crisis hits.

If global markets are devastated by a crisis, russia is (in my opinion) the number #1 prospect to emerge as the next dominant superpower.

To avoid this, I think the united states would do well to keep its economy strong. As a hedge against russian encroachment. There isn't much alternative deterrent.

While russia's invasion of ukraine has stalled. Russia isn't trying very hard. They don't have to. They simply have to wait for the next big economic crisis when free money and support thrown at ukraine can no longer be funded. Then resistance may well crumble.

The best deterrent against invasion and war may be a strong economy with enough liquidity to make invasion too high priced too consider. Our current era with high deficits and weak economies could be interpreted as an open invitation for ambitious regimes like russia to invade us.

On the plus side if russia is the next dominant superpower they may be bitcoin friendly. At least that would be one positive thing we might look forward to in the horror show that could be the future.
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