... and that's the way you do it.
Russia not only has destroyed Ukraine’s stockpiles that existed at the start of the war, but it is eliminating planes, tanks and MRLS systems subsequently provided by NATO and the United States. Has Ukraine destroyed some Russian aircraft, helicopters, tanks and armored vehicles? Yes. But so what. Russian losses are only a minuscule fraction of their total strength and Russia, unlike Ukraine, has factories that are continuing to produce equipment and weapons lost or expended during the course of this conflict.
So with these numbers in mind, carefully consider what is happening to Ukraine’s military force in its current offensive. It is being decimated. Capturing a rural village or two or pushing the Donetsk or Luhansk militias backwards a few kilometers is tactically insignificant. The truth of the matter is that Russia is relying on the Donbas militias to do the bulk of the front line fighting because it is home for those militias. Claims that the Russian military has suffered major casualties is delusional because the Russian forces are in the rear and providing fire support–ground and air–to the Donbas militias. Yes, there are some Russian troops on the frontlines in some places, but the cold, hard fact is that Russia has not committed a significant portion of its total military forces to the battle. Not yet, anyway. The reality, which the United States and NATO are loathe to accept, is that Russia’s defeat of the Ukrainian military is inevitable; even if the United States or NATO made the suicidal decision to send their own forces into the fray.
Read the whole thing at Larry's blog. Meanwhile, listen to these 15 minutes of incomparable Michael Hudson's explanation of compound interest and how it defines the race between real productive forces and banksters' and Wall Street mafia and why creative industrial capitalism is doomed...