this post was submitted on 14 Nov 2022
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Cool. I guess. Ukraine won't see a ruble out of Russia's coffers, so this is purely symbolic. And it's hard to really read the tea leaves on what it even means.
It would take cues from the last hundred years of US imperial debt strategy, from the Allied loans and German reparations of WWI up to IMF austerity-and-neoliberalism-by-force. It will be structured to turn Russia into a US capitalist controlled vassal state, and in order to repay it Russia's natural resources will have to be turned over to the west.
That's the wet dream that neocons have. Unfortunately for them, Russia proved that it's able to decouple from the west while the west is struggling without Russian commodities.