Quote (DizzyBusiness @ Nov 3 2022 08:11pm)
Those standard of life stats are directly tied to the economies of those countries though, if someone's energy bill jumps 100% don't you think that will affect their standard of life?
Also, according to EU surveys the public opinion towards staying engaged seems to be on a downward trend, as well as mounting concerns over economic issues, so while they may not break, they are democracies and if their people become unhappy enough they will vote in new leadership. Don't places like France take to the streets if their gas goes up a bit? How much inconvenience will they put up with in the name of Ukrainian sovereignty?
And Russia seems to be competing quite well considering all the rich and powerful nations arrayed against it can't seem to stop it despite using any means available to them.
Absolutely agree. 100% there will be a tipping point in public opinion. It will not be this winter, as Putin hopes it will be.
The cost of living is increasing across western Europe due to multiple factors. That is undisputable. The point I was making before is, European living standards are a factor higher than Russian living standards. Before the Ukraine invasion.
They are much better placed to absorb a decrease in standards. I can't think of good analogy. Perhaps like starting a 100m race with a 20m headstart. Although this will certainly play out more like marathon.