Russian Gas ban - A problem for Europe or suicide for Russia?

[WatChe]

There is statement from RUSSIAN Foreign minister that is circulating widely on social media that "those who are worried and are finding it difficult to sleep because of war going on in Ukraine should consider Ukarine as Palestine and Russia as USA. Then they won't find it difficult to sleep and this will end there worry too".
This is very unfortunate that West is worried about Ukarine only, and not much attention is paid to fight going on in Palestine and other Arab countries. Humanity is linked with interest, the world only care for people where they have interests.

[pooya87]

The discussions here are all over the place sometimes
I haven't seen any discussion on the semi-recent decision by OPEC+ countries (that was mostly voluntary) to reduce their production and turn the energy prices back up again. That keeps the pressure on the Western economy up which would also force the deindustrialization of Europe to continue further.

This is very unfortunate that West is worried about Ukarine only, and not much attention is paid to fight going on in Palestine and other Arab countries. Humanity is linked with interest, the world only care for people where they have interests.

Exactly.
This is why independence of countries and the allies they choose is of paramount importance. The position Yemen (a country that is invaded by the US-Saudi coalition for the past 8+ years) took in support of Palestine from 2200 km away shows that. Meanwhile Ukraine, a US proxy is begging for rockets with more than 300 km range

[DrBeer]

Another attempt at substitution of concepts
I explain. Ukraine is an independent, unitary state whose independence is recognized by the world community. Ukraine has recognized borders, the safety and integrity of which Russia, the United States, Britain have pledged to ensure, in exchange for the fact that Ukraine itself made a decision and abandoned the THIRD largest stocks and carriers of nuclear weapons. Ukraine became a victim of a terrorist attack by Russia in 2014, which resulted in the occupation of the Autonomous Republic of Crimea and part of the eastern regions of Ukraine. And then in 2022, which resulted in the occupation of part of the southern and middle regions, the sadistic destruction of the local civilian population, and the terrorist destruction of many cities.

Now back to Palestine. The State of Palestine is a de jure (not de facto) independent, PARTIALLY recognized state in the Middle East that is in the process of being established. The independence of the State of Palestine as of the end of July 2019 was recognized by 138 out of 193 UN member states. Those. the status of this territory as an independent country is in question and has many controversial issues.
No one attacked Palestine, and no one has been seizing its lands for 9 years and systematically destroying cities and populations.
Moreover, there are a lot of questions related to Palestinian terrorism. What is Palestinian Terrorism? This is the terrorism of the Palestinian Arabs, directed primarily against Israel, Jews, as well as non-radical Palestinians, Lebanese, Jordanians, Egyptians, Americans and citizens of other countries. And this is part of the policy of the "state".

So there is no need to manipulate

[concept2]

Let's keep in mind some important facts from the very beginning:
1. 45% of Russia's federal budget in 2021 came from oil and natural gas revenues
2. 49% of Russia's crude oil and condensate exports went to European OECD nations.
3. Supplies from Russia account for about 40% of the EU's natural gas imports
4. just under three-quarters of all Russian natural gas exports went to European countries in 2021

I hate when everyone talks about how is Europe, especially Germany going to replace the dependence on Russian gas? Wait, 20 centuries have passed without Russian gas and European countries still managed to not only survive but become the most amazing countries with the highest quality of life.


How the fuck is Russia going to replace the European market?
Russia has two options:
1. China - After Saudi Arabia, Russia is the second-largest gas & oil supplier for China.
2. India - Right now Russia accounts for 2% of Indian oil import after Iraq, Saudi Arabia and the United Arab Emirates.

Russia will try to increase its oil and gas export in China & India but we should also don't forget some details:
1. The reason why I underlined Saudi Arabia is that they are one of the largest suppliers in these countries and probably they won't let Russia to easily take over them.
2. China and India probably sees that good relationship with West is better for them and they may see that Russia isn't a country that loves freedom.
3. China may use this as an advantage and milk Russia like a cow, good for China but not for Russia.


Europe & USA have a huge advantage over Russia, this is the education. Where do people go dream to study? In Russia, no! In the USA, UK, Germany, Canada, France, Ireland, Switzerland and other countries? Hell yes! Were top scientists from Russia? Hell no! But from western countries - hell yes.


The fact is the fact - war has one advantage, it always accelerates things up. In this war, we don't need to focus on military equipment but on our weak sides, everyone sees how bad military equipment Russia has compared to the western countries. Don't you think that after all the innovations that come from the USA and Europe, can't we significantly lessen the demand on gas and oil if the situation really requires that from us as soon as possible?

Your comment got me shook, fam! Europe been all up in Russia's business for oil and gas for way too long, but they ain't gotta be all up in their grill, ya feel me? Education is the game-changer, my dude! The West got mad skills and know-how compared to Russia. The USA, UK, Germany, Canada, France, Ireland, and Switzerland all have lit education and innovation that put them way ahead of Russia.

Real talk, war speeds things up, but nobody wants that, son! We gotta work together to find ways to reduce our need for oil and gas, like renewable energy and more efficient systems. That way, we can cut our ties with Russia and save the planet from climate change!

Don't forget, Russia got some big issues of their own, with their low population growth, brain drain, and outdated infrastructure. They ain't got the juice forever, ya know?

To wrap it up, Europe and other countries that can't stop latching onto Russia for oil and gas need to get educated, innovate, and invest in sustainable solutions. We gotta keep it positive and look to the future, and we can beat this challenge and make the world a better place, y'all!

[WatChe]

This is very unfortunate that West is worried about Ukarine only, and not much attention is paid to fight going on in Palestine and other Arab countries. Humanity is linked with interest, the world only care for people where they have interests.

Exactly.
This is why independence of countries and the allies they choose is of paramount importance. The position Yemen (a country that is invaded by the US-Saudi coalition for the past 8+ years) took in support of Palestine from 2200 km away shows that. Meanwhile Ukraine, a US proxy is begging for rockets with more than 300 km range

Even KSA and Iran are coming close to each other after decades of tension. This is very positive development in middle east. KSA and other gulf countries have now realised that they must go out and ally with countries like China and Russia.
KSA is one of biggest importer of arms in the world and its troops performance in front of Yemeni houthi rebels is a clear indication of how bad they are equipped for combat operation.
Meanwhile, U.S. Sends Attack Submarine to Middle East as Tensions Rise Between Iran and Israel.

[serveria.com]

Let me remind you once again - Chinese traders give information on the Urals - for about 30 dollars, provided that the freight and other expenses are paid by the RUSSIAN side. This condition was established by the Chinese side regarding purchases of "excess oil".

Source?

The EU actually completely refused supplies from Russia. And the "great Fuhrer of Russia" also introduced a ban on the sale of oil to some countries And here we come to the conclusion that you either cannot understand or simply deny it
the oil that went to the European market - it must be put somewhere. There are several options here - either to preserve oil production, or to sell somewhere, because. Russia simply has nowhere to store such volumes of oil! Canning is, in fact, forever abandoning production, tk. Russia does not have the technology to reactivate deposits. Yes, this is a fact - Russia has never been able to develop technologies that provide 50% of budget revenues. Simply put - technologically the rest of the country
So - the only option left is to sell to OTHER buyers. Yes, India has increased the purchase, this is a fact. But India does not buy ALL the surplus oil, and Turkey does not buy either. Urals started buying China, it's easy to check, it's a fact, whether you like it or not.
But China always uses the situation for its own benefit, and the interests of Russia, for China, come last. Therefore, reality looks like I described. At the same time, China can officially say anything, perhaps acting in the same way as the Indian leadership, publicly announcing a very high price in order to continue to squeeze money out of gullible citizens.
But you must admit - it's stupid to believe in the price of $73 if it's $50 on the market and no one wants to buy

On paper yes. But in reality (or you just not willing to see/admit it) they continue to buy it. In fact, it turns out Ukraine (yes you got it right, Ukraine) keeps buying Russian oil via the Baltic states (the notorious "Latvian blend") using fake shipping documents! Your country is also buying Russian gas as well! The sources are quite reputable (unlike yours?):
https://zinas-tv3-lv.translate.goog/latvija/neka-personiga/jau-vairakus-menesus-caur-latviju-uz-ukrainu-ar-viltotiem-dokumentiem-ved-krievijas-degvielu/?_x_tr_sl=lv&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
https://www.reuters.com/markets/commodities/baltic-states-bought-twice-much-russian-lpg-last-year-traders-2023-01-26/
https://www.bloomberg.com/opinion/articles/2022-04-08/ukraine-war-this-backdoor-keeps-russian-oil-flowing-into-europe

So, my little clueless friend, while you're spreading fake info here, your government keeps breaking sanctions and buying oil and other fossils from Putin.  

[Ozero]

There is statement from RUSSIAN Foreign minister that is circulating widely on social media that "those who are worried and are finding it difficult to sleep because of war going on in Ukraine should consider Ukarine as Palestine and Russia as USA. Then they won't find it difficult to sleep and this will end there worry too".
This is very unfortunate that West is worried about Ukarine only, and not much attention is paid to fight going on in Palestine and other Arab countries. Humanity is linked with interest, the world only care for people where they have interests.

Of course, Russia is trying to divert attention from the scale of the war crimes it is committing by devoting nearly all of its military forces to seizing the neighboring state of Ukraine. The Putin regime unleashed the bloodiest war since the Second World War in the center of Europe. Its scale is impressive: the length of the front at different times reached 3700 kilometers, where only the Russians fired 50-70 thousand shells per day per day. Thousands of tanks and armored vehicles, hundreds of planes and helicopters and other military equipment are participating on both sides.

Russia with a population of 143 million (official data) is trying to occupy Ukraine with a population of 43 million. This cannot be compared with Palestine, where just over 5 million people live.

[Smack That Ace]

This cannot be compared with Palestine, where just over 5 million people live.

5 million Palestinians are human too, they are human too, and should be treated fairly. If you are condemning Russia's actions as heinous, don't take what happened in Palestine lightly. It is you who are supporting those killer butchers. Why the US invades another country, we call it punishment or they are fighting evil, while the war between Russia and Ukraine is called a crime? The world is clearly not fair and the national interest still comes first.

[Synchronice]

You mention propaganda in every post but ironically, your own posts look like propaganda more. Perhaps you can't see it but it's obvious for the reader.

You see, there's NATO and as a military alliance always has to have an enemy or a potential enemy they're grouping against. Otherwise there's no point to form an alliance! In NATO case the enemies are Russia and China. NATO has already promised they're not going to expand further east but didn't keep their promise: they accepted the Baltic States, Turkey or whoever else... then Putin found out that NATO is going to accept Ukraine and got mad probably as he considered Ukraine one of his satellite puppet states. Which is pretty normal reaction if you ask me: remember the Cuban crisis in the 50ies? The US got mad and were close to pressing the red button just after finding out the USSR plans to place some nukes in Cuba.

Now imagine Putin investing huge amounts of money to influence the politicians in Mexico, financing a coup, visiting Mexico and giving some cookies to locals then installing a pro-Russian president and parliament. Founding several military bases in Mexico, providing Mexico with Russian armament and military equipment and training Mexican army. So what would the US do in response to that? What do you think? It's not hard to guess, is it?  

There is a huge difference between Russia and America. America is a country that's number one in economy, that attracts a lot of emigrants from all over the world, including Russia. All in all, I want to say that Russia is a country that can't take care of itself because it's ranked way lower in every aspect, especially in income and quality of life. What does an average citizen want? Good work ethic, good quality of life, good work-life balance, safe and friendly environment (US can be excluded in this case). That's why Ukraine wants to join the western world, to become a part of Europe and I think their choice must be free, who the fuck is Russia to decide the fate of other nations?
And if they want Ukraine to join them, then attract Ukraine with the quality of life, education, etc.

The truth is, Russia can't take care of itself, this country is not a good place to live, that's why your neighbors don't want to join you and rebuilt your Soviet Union, because people felt like shit during that era.

[be.open]

There is a huge difference between Russia and America. America is a country that's number one in economy, that attracts a lot of emigrants from all over the world, including Russia. All in all, I want to say that Russia is a country that can't take care of itself because it's ranked way lower in every aspect, especially in income and quality of life. What does ან average citizen want? Good work ethic, good quality of life, good work-life balance, safe and friendly environment (US can be excluded in this case). That's why Ukraine wants to join the western world, to become a part of Europe and I think their choice must be free, who the fuck is Russia to decide the fate of other nations?
And if they want Ukraine to join them, then attract Ukraine with the quality of life, education, etc.

The truth is, Russia can't take care of itself, this country is not a good place to live, that's why your neighbors don't want to join you and rebuilt your Soviet Union, because people felt like shit during that era.

Are you seriously? Russia is the largest country in the world and on its own continent. Russia is part of the BRICS economic alliance, which is larger than the economies of the G7 countries. The European Union has a large economy, but no political independence, because Europe is occupied by the US armed forces within the framework of the NATO military alliance. Ukraine is in the sphere of influence of Russia for historical and geographical reasons, and it also does not have political independence, because it is on the payroll of the United States. The United States is a great country, but it would be better for it to stop sticking its nose into foreign continents and take care of solving many of its own problems.

[DrBeer]

There is a huge difference between Russia and America. America is a country that's number one in economy, that attracts a lot of emigrants from all over the world, including Russia. All in all, I want to say that Russia is a country that can't take care of itself because it's ranked way lower in every aspect, especially in income and quality of life. What does ან average citizen want? Good work ethic, good quality of life, good work-life balance, safe and friendly environment (US can be excluded in this case). That's why Ukraine wants to join the western world, to become a part of Europe and I think their choice must be free, who the fuck is Russia to decide the fate of other nations?
And if they want Ukraine to join them, then attract Ukraine with the quality of life, education, etc.

The truth is, Russia can't take care of itself, this country is not a good place to live, that's why your neighbors don't want to join you and rebuilt your Soviet Union, because people felt like shit during that era.

Are you seriously? Russia is the largest country in the world and on its own continent. Russia is part of the BRICS economic alliance, which is larger than the economies of the G7 countries. The European Union has a large economy, but no political independence, because Europe is occupied by the US armed forces within the framework of the NATO military alliance. Ukraine is in the sphere of influence of Russia for historical and geographical reasons, and it also does not have political independence, because it is on the payroll of the United States. The United States is a great country, but it would be better for it to stop sticking its nose into foreign continents and take care of solving many of its own problems.

But all of the above - they try to keep their savings in dollars, own villas in the USA, live outside the BRICS, get an education - also in the USA / Britain / Europe and not Syzran University or Pyongyang State University ...
For example, you don't want the North Korean Internet? Instead of the normal Western? Or a North Korean mobile phone? No ? Well, of course - saying slogans is not living like in slogans
 
At the same time, the entire BRICS is technologically dependent on Western technologies, and primarily from the United States. And all the bawlers from the BRICS, outside the official rounds, try to get into European and American brands, have a visa / mastercard card and a bank account in the EU or the USA

But the funniest thing is to read about “Ukraine is in the sphere of influence of Russia for historical and geographical reasons, and also does not have political independence, since it is supported by the United States.” no longer affects, including Ukraine, begging for weapons from Iran and North Korea

I understand that besides self-hypnosis that "everything is fine" the loser countries have nothing else left. Now all the BRICS members have become hostages and servants of China, which "refused the dollar." More precisely, China did not abandon it, but forced the not-so-smart BRICS countries to do this, and replace their dollars with Chinese yuan

PS And about the largest country on the continent. You forgot to add - which has most of the world's mineral reserves, right? But then clarify:
How much of this "largest territory" is inhabited?
What part of the territory of Russia is generally suitable for operation and life?
How many of the populated areas are provided for example with gas?
And what is the average income level and average life expectancy in this "largest territory"?

[stompix]

Are you seriously? Russia is the largest country in the world and on its own continent. Russia is part of the BRICS economic alliance, which is larger than the economies of the G7 countries.

Brics GDP:
China   589,171,528 BTC
India   105,428,505 BTC
Russia   66,057,674 BTC
Brazil   53,454,518 BTC
South Africa   13,951,694 BTC
Total 828,063,919 BTC

G7 GDP:
United States   763,990,033 BTC
Japan   164,033,953 BTC
Germany   140,302,857 BTC
United Kingdom   105,875,747 BTC
France   97,590,465 BTC
Canada   66,057,674 BTC
Italy   70,023,355 BTC
Total 1,407,874,086 BTC

I guess only in Russia is  828,063,919 bigger than  1,407,874,086.
It might be a reason why 3 days to Kyiv has become 400 and counting.

[pooya87]

Meanwhile, U.S. Sends Attack Submarine to Middle East as Tensions Rise Between Iran and Israel.

Sending a submarine to West Asia and publicly announcing it only has domestic use. After the embarrassing performance of US military in Syria after 6+ US bases were attacked by 100+ shells, rockets and missiles some days ago and it made a lot of sound in US media they had to pretend to be doing something and not look weak in the American public's eye. They couldn't do anything real since they knew any respond to those attacks would bring another attack that time with 500+ missiles, etc.

Otherwise these submarines have to be within ~1500 km range which means in Persian Gulf that has a shallow depth in most places and it is not a place to use a nuclear submarine. Not to mention Iran's dominance over Persian Gulf which makes it completely ineffective

Are you seriously? Russia is the largest country in the world and on its own continent. Russia is part of the BRICS economic alliance, which is larger than the economies of the G7 countries. The European Union has a large economy, but no political independence, because Europe is occupied by the US armed forces within the framework of the NATO military alliance.

Macron's recent statements after visiting Chinese counterpart was pretty funny, he basically confessed that Europe is occupied by US and European regimes are no more than United State's bitch
As for the economy, G7 and Europe as a whole is a thing of the past. The combination of deindustrialization, high energy prices, inflation + recession and most important of all wasting money on US favored proxy war has destroyed their economy.
Not to mention as the economy everywhere else continues growing, specially in places with access to much cheaper energy they will swallow all the money in Europe. In other words this is not just BRICS economy being bigger than G7 at this point, this is also about the fact that capital will continue fleeing Europe in the following years shrinking the economy even more.

[Synchronice]

Are you seriously? Russia is the largest country in the world and on its own continent. Russia is part of the BRICS economic alliance, which is larger than the economies of the G7 countries. The European Union has a large economy, but no political independence, because Europe is occupied by the US armed forces within the framework of the NATO military alliance. Ukraine is in the sphere of influence of Russia for historical and geographical reasons, and it also does not have political independence, because it is on the payroll of the United States. The United States is a great country, but it would be better for it to stop sticking its nose into foreign continents and take care of solving many of its own problems.

BRICS Countries:
1. Brazil - Under-developed country.
2. Russia - Developing country
3. India - Developing country.
4. China - If we keep in mind their low GDP per capita, then they are developing nation but if we take an overall picture of their achievements and abilities, they are developed nation.
5. South Africa -Developing country.

No offence to anyone but with all due respect, now have a look at G7 countries:
1. Canada - Developed country.
2. France - Developed country.
3. Germany - Developed country.
4. Italy - Developed country.
5. Japan - Developed country.
6. United Kingdom - Developed country.
7. United States - Developed country.

While BRICS countries have slightly higher GDP, that doesn't mean that these countries perform better. BRICS countries have population of 3,237.09 Million and G7 countries - 773.21 Million. BRICS has 4 times more population than G7.
Now compare yourself countries according to their GDP per capita: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
G7 countries win the competition. While
Compare income, compare crime rate, compare happy index, compare quality of life, compare everything that you think about to then frankly tell me, where would you wish to live, in BRICS countries or in G7 countries?

That's why I say that if Ukrainian people have no choice to be independent and they have to make a choice between Russian and the West, then definitely they choose Western countries. Russia with a low GDP, low GDP per capita and low quality of life definitely needs to improve things inside and then try to help others outside.

[abralzain17]

In my opinion, of course there will be mutual losses, Russia will lose because they will not get money because their gas supply is hampered, and Europe will suffer even bigger losses because many of their industries have stopped.
  but to find a replacement for Russia of course it takes a very long time in my opinion, diverting to other or alternative energy such as electricity will make production costs very large.

[cafee_orange]

This method is a step by the European Union to support Ukraine in maintaining the freedom and determination of Ukraine's destiny. but through the method taken by the EU itself it will burden itself in my opinion, without gas supplies from Russia maybe the EU will have to pay a lot of money to get a replacement

[coupable]

This method is a step by the European Union to support Ukraine in maintaining the freedom and determination of Ukraine's destiny. but through the method taken by the EU itself it will burden itself in my opinion, without gas supplies from Russia maybe the EU will have to pay a lot of money to get a replacement

More than a year after the start of the war, Europe does not seem to have been affected much compared to what Russia was seeing, especially during the winter. The European Union was able to find quick alternatives, and the winter was not very cold due to global warming, so that Russia finds itself forced to sell its products for less than half of its price to countries it considers allies (India and China). More than that, Russia will continue to sell gas and oil to Europe, but through Turkey, in a move that proves its need for revenues.
During the past year of the war, the Union countries secured new partnerships to secure their next needs of gas, and many liquefied gas transfer stations were established. Unfortunately, Russia cannot secure its needs in the same way and is looking for new alliances.

[Ozero]

This cannot be compared with Palestine, where just over 5 million people live.

5 million Palestinians are human too, they are human too, and should be treated fairly. If you are condemning Russia's actions as heinous, don't take what happened in Palestine lightly. It is you who are supporting those killer butchers. Why the US invades another country, we call it punishment or they are fighting evil, while the war between Russia and Ukraine is called a crime? The world is clearly not fair and the national interest still comes first.

I wrote my previous message to show the difference in the scale and volume of military and military conflicts that are taking place in Ukraine and Palestine. Of course, human life is the same price in any country. But the scale of the genocide and atrocities that the Russians are now perpetrating against the Ukrainians is clearly unparalleled in any country. The criminal Kremlin authorities are trying to cover up the mass torture and murder in Ukraine and therefore turn their attention to other countries. Nobody prevents the Palestinians from raising their problems in international institutions, as Ukraine does. But it would be completely wrong to say that Ukraine should not raise the topic of military aggression by Russia, because something similar is happening in other countries.

[be.open]

Are you seriously? Russia is the largest country in the world and on its own continent. Russia is part of the BRICS economic alliance, which is larger than the economies of the G7 countries. The European Union has a large economy, but no political independence, because Europe is occupied by the US armed forces within the framework of the NATO military alliance. Ukraine is in the sphere of influence of Russia for historical and geographical reasons, and it also does not have political independence, because it is on the payroll of the United States. The United States is a great country, but it would be better for it to stop sticking its nose into foreign continents and take care of solving many of its own problems.

BRICS Countries:
1. Brazil - Under-developed country.
2. Russia - Developing country
3. India - Developing country.
4. China - If we keep in mind their low GDP per capita, then they are developing nation but if we take an overall picture of their achievements and abilities, they are developed nation.
5. South Africa -Developing country.

No offence to anyone but with all due respect, now have a look at G7 countries:
1. Canada - Developed country.
2. France - Developed country.
3. Germany - Developed country.
4. Italy - Developed country.
5. Japan - Developed country.
6. United Kingdom - Developed country.
7. United States - Developed country.

While BRICS countries have slightly higher GDP, that doesn't mean that these countries perform better. BRICS countries have population of 3,237.09 Million and G7 countries - 773.21 Million. BRICS has 4 times more population than G7.
Now compare yourself countries according to their GDP per capita: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
G7 countries win the competition. While
Compare income, compare crime rate, compare happy index, compare quality of life, compare everything that you think about to then frankly tell me, where would you wish to live, in BRICS countries or in G7 countries?

That's why I say that if Ukrainian people have no choice to be independent and they have to make a choice between Russian and the West, then definitely they choose Western countries. Russia with a low GDP, low GDP per capita and low quality of life definitely needs to improve things inside and then try to help others outside.

I live in Russia and I am satisfied with the quality of life in my country. I had the opportunity to choose some other country for permanent residence, but I rejected this idea. It seems to me that you greatly overestimate the role of economic indicators, after reaching a certain standard of living, other priorities come to the fore, for example, culture, language environment, etc.

[Synchronice]

I live in Russia and I am satisfied with the quality of life in my country. I had the opportunity to choose some other country for permanent residence, but I rejected this idea. It seems to me that you greatly overestimate the role of economic indicators, after reaching a certain standard of living, other priorities come to the fore, for example, culture, language environment, etc.

If you are satisfied, that's good, no one is telling you to leave Russia. One can feel well in absolutely every country, depends on his/her personal needs, income, etc. But I try to draw an overall image for you, to show you the reasons, why Ukraine chooses West over Russia.

I don't overestimate the role of economic indicators, they are just as important, if not more, that's reality.
When I see immigrants from post soviet-union countries, who do shitty jobs illegally for 12 hours or even more a day and his money is briefly enough for food, when an old man can't live on pension and has no other choice but to work in order to have a food and money for medicine, you can't say that economic indicators are overestimated.