'Sweden has changed,' PM warns as trio of warships join defense efforts
'Sweden has changed,' PM warns as trio of warships join defense efforts Sweden has committed to sending naval forces into the Baltic Sea following yet another suspected Russian attack on underwater cables in the region.…
So is the goal of damaging the cables simply to lash out at the West (and waste their money) while maintaining plausible deniability? Or does it have some strategic objective?
usually these types of actions are to measure the consequences and the response, a trial run for something bigger that also lets you see how much of a pushover your adversaries are and how much they'll let you get away with.
This attack allegedly came from a "shadow fleet" that is so poorly maintained, that it must be pretty cheap to operate. Meanwhile, NATO responded by deploying real warships that are a lot more expensive. So on the surface it seems like a good trade monetarily.
But I think Russia is falling for a version of the gambler's ruin. The gambler's ruin says that for beating the casino, a positive expected return is not enough. You also need enough bankroll to survive volatility swings. Most gamblers have significantly less capital to risk than the house, so the house can still win in the long run by wiping the gambler out completely.
Russia is in a similar situation. They won the money trade on this round, but NATO is not close to being economically strained, either. They have much deeper pockets than Russia.