Sunday, October 9, 2022

The Accompanying Russian Reservist Problems

 As Putin activated the 300,000 reservists....he's created a number of problems.

So, these are not 18-year-old Conscript type individuals....these are men in their 20s, 30s, and 40s.  They are normal Russians, with home mortgages.

A number of them have brought up that so far, they haven't seen the mechanism to safely pay their mortgage while on active duty.   In one statement, a reservist noted that his bank wanted him to stop by before he reporting to duty....to note his status.  Well....he didn't have time to do this, and there's questions if his wife can sign the papers.

Where this is going to lead onto?  I think that Putin will find some power and just excuse the payments for the duration of the guy's duty, but no one has clearly said how long the reservists will be on activation.  If you were asking me.....I think they will be around for a full year, and be swapped out for a fresh new reserve crew in October of 2023.

This to unsettle the banks?  Normally, I'd say yes....but they've seen so many problems since Feb of this year.....that nothing really surprises them. Most would probably say that they are in a massive 'bubble' and just operating at the bare minimum level of existence.  

Those reservists who don't come back?  Well....this will present a future issue if you have 25,000 of the reservists who pass-on via combat action.  These are guys who had financial obligations, job positions, and families.  

The people advising Putin....seeing the true landscape?  I doubt it.  

No comments: