The Kremlin confirmed Tuesday that the Russian government is in negotiations with other countries to purchase gasoline as it tries to stabilize its domestic market following a series of Ukrainian drone attacks on oil refineries and energy infrastructure that have led to fuel rationing. “Discussions are actively being held,” Kremlin spokesman Dmitry Peskov told reporters during a daily briefing.
It depends entirely on how long people are willing to lend to the Russian government. People will continue to lend as long as they think there is a reasonable chance of making a return. Also “lending” can in some sense mean “working for free”.
A government doesn’t need money; it only needs to remain the government. To do that, it needs to prevent an uprising that overthrows it. To do that, it needs the people to be happy and/or fearful enough to not rise up. Happiness requires adequate supply of the essentials of life. Fear requires a force of loyalists equipped to suppress the rest of the population, which requires those loyalists to be adequately supplied.
Supplies require people working to produce those supplies - be it farmers harvesting food, actors making TV programs, or people operating machinery to refine oil.
Also “lending” can in some sense mean “working for free”.
I don’t think it’s an expectation of future return that has them doing that, rather an expectation that doing so well lead to intangible yet real protection.
It depends entirely on how long people are willing to lend to the Russian government. People will continue to lend as long as they think there is a reasonable chance of making a return. Also “lending” can in some sense mean “working for free”.
A government doesn’t need money; it only needs to remain the government. To do that, it needs to prevent an uprising that overthrows it. To do that, it needs the people to be happy and/or fearful enough to not rise up. Happiness requires adequate supply of the essentials of life. Fear requires a force of loyalists equipped to suppress the rest of the population, which requires those loyalists to be adequately supplied.
Supplies require people working to produce those supplies - be it farmers harvesting food, actors making TV programs, or people operating machinery to refine oil.
I don’t think it’s an expectation of future return that has them doing that, rather an expectation that doing so well lead to intangible yet real protection.
It all comes down to confidence though