Russia, post Putin's War
- The war: a race against time.
- Russian economy will implode summer of 2022.
- Inevitable decline of its oil industry.
- Putin's War will set back Russia fifty years.
Russia said to be unable to manufacture tanks to replace the ones it has lost. Link here.
Export controls ban companies from sending crucial products like semiconductors to Russia with the goal of gradually starving its economy. But a top Biden administration official told Yahoo Finance on Monday that certain export controls may hurt Vladimir Putin’s army in the immediate future.
“Because of the export controls we’ve already put in place, Russia’s top two manufacturers of tanks are no longer in business,” Deputy Secretary of the Treasury Wally Adeyemo said Monday. “Russia today has far fewer tanks than they had going into this invasion, and they can't make more because of the action that we're taking with sanctions.”
The White House says the controls have left Russia’s two major tank plants — the Uralvagonzavod Corporation and Chelyabinsk Tractor Plant — idle due to a lack of foreign components. And observers noticed fewer tanks than normal at the annual military parade on Moscow’s Red Square on Monday.
Is Russia "short" tanks or trained personnel to operate them?
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