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Author Topic: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era  (Read 1693 times)
stompix (OP)
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January 11, 2023, 07:51:39 AM
Merited by Fortify (3), paxmao (2), DrBeer (1), Lucius (1), DdmrDdmr (1), Don Pedro Dinero (1), EarnOnVictor (1)
 #1

Source

For some, this might be a surprise since we've been bombarded with news about how sanctions don't work, how Russia is making quadrillions from energy exports, , and many more claims that were simply unbelievable for someone who would know basic economics.

And just as propaganda fades away when hit by reality, so have Russian claims

Russia started the year claiming a budget surplus of 1.33 trillion roubles or 1% of GDP in January
https://www.reuters.com/business/energy/russia-see-huge-budget-deficit-dec-after-gazprom-fuelled-surplus-nov-2022-12-13/

A bit further down the road, the president of Mordor himself declared that Russia's budget surplus would come in at 0.5 trillion roubles in 2022
https://www.livemint.com/news/russian-economy-to-decline-by-2-2-5-per-cent-says-president-vladimir-putin-11662541324566.html

All of it went in smoke as sanctions start hitting, gas prices tumbled, the price cap of oil was agreed and many more, leading to a 2.3% deficit at the end of the year, and this 2.3% is what they claim, so just to be sure, add another 3% at least.

With gas prices being lower than last year during this period, but with Russia selling just 1/3 of it now, with Urals trading full 33$ down from a year ago to 52$ but with Russia so desperate to sell that it does so even at $38 per barrel, it's obvious what the budget income will look like this year. On top of that add the hundred do thousands of job losses once companies pulled out, a figure that will start to bite around now since a lot of them were generous enough to make a 6 to 12-month payment before firing people, and the hundreds of thousands dead and mutilated in Ukraine and the hundreds of thousands that fled Russia with full pockets, and those were the guys that earned a lot, a real brain drain that will leave its mark for decades.

But of course, there will be some that will say Russia is stronk, Russia has resources, Russia this and that but Russia is a shadow of the URSS that had all of those and much more, but still ended in the garbage bin of history! You can't wage an economic war when you're dirt poor and your ally is the one that should tell you a few things about the sanctions that turned the wannabe global power into an economy the size of Denmark but with 50% inflation and unable to feed its population, although it also turned out they are pretty good at killing and hanging their own citizens.

The bottom line is that when economics are involved, nationalism and pride are useless, you can lie to yourself whatever you want but this won't change a thing, you can dream of anything you want but this won't do any good either once you wake up, so the right choice is doing something about. And the first step for a population to not fall into this is by not having a dictator in charge, not being a slave terrified of going against the ones that should fear your vote, and stop blaming everyone else for the things you could have avoided. Not all resources on earth and all of humankind's glorious history will be able to offset the disaster a moron can unleash!

.
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January 11, 2023, 07:51:25 PM
 #2

Putin's propaganda covered up and continues to cover up the horrendous consequences for Russia and its citizens due to the military invasion of Ukraine. Sanctions are slowly but surely gaining momentum and their harmful effects will continue to affect the Russian economy even after they are lifted. In 2022, which has already passed, more than a quarter of the Russian budget was spent on the war in Ukraine, and Putin does not hide the fact that next year even more money will be allocated for military needs related to aggression against Ukraine.

The sanctions against the Russian Federation imposed in 2022 did not destroy the Russian economy, as was first expected. However, they had a negative impact on many industries - from engineering and aviation to the export of oil and gas and other goods.

One of the industries in Russia that has been hit the hardest by the sanctions triggered by Putin's invasion of Ukraine is aviation. Spare parts for aircraft that were previously supplied from other countries are no longer available for Russia. Therefore, in 2022, experts recorded more than 130 dangerous incidents related to aircraft, as well as 28 air crashes, on the territory of the Russian Federation. In a few days of the new year, about 10 dangerous cases have already occurred in Russia.

During the first few months, more than 1,000 foreign companies left the Russian market. The Russians lost up to a quarter of their imports, and production in the technology industries fell by up to 80% due to a shortage of components.

However, the world continues to impose sanctions against the Russian Federation. Next in line are new packages and the confiscation of Russian assets in favor of Ukraine. Therefore, over time, Russia will feel the consequences of the sanctions more and more.

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January 11, 2023, 07:58:20 PM
Last edit: January 11, 2023, 09:02:50 PM by Zlantann
 #3

Things would keep getting worst for Russia unless they end the invasion of Ukraine. The problem with the Russian economy is not revenue but increasing expenditure. The financial statement of the country showed that Russian revenue increased last year but the majority of them went to war financing.

Russia and its allies can't match the financial strength of the US, NATO nations, and their allies. China, India, and other perceived friendly nations are close to Russia just for what they can benefit from the country. At least they buy oil and gas at a discounted price from Russia. This year might be more difficult for Russia because it plans to increase spending on the war and current sanctions such as the cap on oil prices might start affecting the economy negatively.

R


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January 11, 2023, 09:42:51 PM
 #4

We are talking about the economic sanctions against Russia and even many famous political men outside of Russia but still from what's can see Russia was so ready to be under pressure by the USA and some other European countries because they were expecting to face the sanction even before they start attacking Ukraine, they usually will keep trading out of Russia with other countries by using another as a proxy. so they can still keep selling their products and buy their needs without being worried about the sanctions, I guess even the USA and European counties could guess this reaction from Russia.

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January 11, 2023, 09:44:39 PM
Last edit: January 14, 2023, 04:05:49 PM by mprep
 #5

Russia. The government has printed out the last reserves: the Ministry of Finance and the Central Bank will start selling yuan to patch up the budget.
The Russian authorities decided to turn to the last non-sanctioned foreign exchange reserves to cover the federal budget deficit, which reached historical records at the end of 2022.

From January 13, the Central Bank of the Russian Federation, in the interests of the Russian Ministry of Finance, will start selling Chinese yuan from the National Welfare Fund on the Moscow Exchange.

As the Ministry of Finance announced on Wednesday, operations will be carried out within the framework of the updated “budget rule”: if oil and gas revenues of the budget exceed the base level, the surplus will be used to purchase yuan, if vice versa, the currency will be sold, and the resulting rubles will be sent to the treasury.

In January, the Ministry of Finance intends to sell yuan for 54.5 billion rubles - so forecasted receipts of raw material rent will fall short of the plan.

https://www.moscowtimes.ru/2023/01/11/pravitelstvo-raspechatalo-poslednie-rezervi-minfin-i-tsb-nachnut-prodavat-yuani-chtobi-zalatat-byudzhet-a30515

PS following the results, Russia will also collapse the Chinese Yuan Smiley



Things would keep getting worst for Russia unless they end the invasion of Ukraine. The problem with the Russian economy is not revenue but increasing expenditure. The financial statement of the country showed that Russian revenue increased last year but the majority of them went to war financing.

Russia and its allies can't match the financial strength of the US, NATO nations, and their allies. China, India, and other perceived friendly nations are close to Russia just for what they can benefit from the country. At least they buy oil and gas at a discounted price from Russia. This year might be more difficult for Russia because it plans to increase spending on the war and current sanctions such as the cap on oil prices might start affecting the economy negatively.

Let me remind you - for the last week:
- India will join the sanctions against the country of the terrorist.
- China recognized Putin as "crazy" and the fact that "partnership with Russia was a mistake"

[moderator's note: consecutive posts merged]

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January 12, 2023, 08:42:33 AM
 #6

Source

For some, this might be a surprise since we've been bombarded with news about how sanctions don't work, how Russia is making quadrillions from energy exports, , and many more claims that were simply unbelievable for someone who would know basic economics.

And just as propaganda fades away when hit by reality, so have Russian claims

Russia started the year claiming a budget surplus of 1.33 trillion roubles or 1% of GDP in January
https://www.reuters.com/business/energy/russia-see-huge-budget-deficit-dec-after-gazprom-fuelled-surplus-nov-2022-12-13/

A bit further down the road, the president of Mordor himself declared that Russia's budget surplus would come in at 0.5 trillion roubles in 2022
https://www.livemint.com/news/russian-economy-to-decline-by-2-2-5-per-cent-says-president-vladimir-putin-11662541324566.html

All of it went in smoke as sanctions start hitting, gas prices tumbled, the price cap of oil was agreed and many more, leading to a 2.3% deficit at the end of the year, and this 2.3% is what they claim, so just to be sure, add another 3% at least.

With gas prices being lower than last year during this period, but with Russia selling just 1/3 of it now, with Urals trading full 33$ down from a year ago to 52$ but with Russia so desperate to sell that it does so even at $38 per barrel, it's obvious what the budget income will look like this year. On top of that add the hundred do thousands of job losses once companies pulled out, a figure that will start to bite around now since a lot of them were generous enough to make a 6 to 12-month payment before firing people, and the hundreds of thousands dead and mutilated in Ukraine and the hundreds of thousands that fled Russia with full pockets, and those were the guys that earned a lot, a real brain drain that will leave its mark for decades.

But of course, there will be some that will say Russia is stronk, Russia has resources, Russia this and that but Russia is a shadow of the URSS that had all of those and much more, but still ended in the garbage bin of history! You can't wage an economic war when you're dirt poor and your ally is the one that should tell you a few things about the sanctions that turned the wannabe global power into an economy the size of Denmark but with 50% inflation and unable to feed its population, although it also turned out they are pretty good at killing and hanging their own citizens.

The bottom line is that when economics are involved, nationalism and pride are useless, you can lie to yourself whatever you want but this won't change a thing, you can dream of anything you want but this won't do any good either once you wake up, so the right choice is doing something about. And the first step for a population to not fall into this is by not having a dictator in charge, not being a slave terrified of going against the ones that should fear your vote, and stop blaming everyone else for the things you could have avoided. Not all resources on earth and all of humankind's glorious history will be able to offset the disaster a moron can unleash!

Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.
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January 12, 2023, 09:30:31 AM
 #7

A "moron" is indeed the fitting word for a useless tyrant showcasing himself as a leader. I don't blame him much though, I blame Russians that still allow an authoritarian to rule them for too long in this century. This is not happening in any advanced countries, and no wonder Europe has never been divided like this because of ego and an overdose of power of a villain. Only God knows the extent of the damage his actions and reactions have cost Russia, and this am afraid would linger for centuries to come.

They (the Russian government) are in the business of deceiving people through media but the reality is now getting clearer in the sight of everyone. There is no way such weighty economic actions meted out to the country would not have both immediate and long-term effects, the effect is only just unfolding, and Russia might be in a sorry state with time.

According to Thehill on a news credited to Forbes Ukraine, Russia has spent about $82b in their senseless invasion of Ukraine.



I view this as an additional pain for the country aside from the economic brunt facing. The money they were supposed to use for the development of their country is now being channelled to the destruction of humanity to the detriment of Russia itself. This is a big shame!

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January 12, 2023, 10:06:49 AM
 #8

While it should be obvious to everyone that sanctions are making life of an average Russian much harder and will continue to do so (at this day and age no country can be self reliant and thrive), I don't think that main goal of these sanctions will be achieved, meaning Russian army withdrawing from Ukraine. Russia ain't democracy where people can simply replace Putin on the next elections, and I don't think that military coup is realistic so I expect this to drag on for years to come.


And the first step for a population to not fall into this is by not having a dictator in charge, not being a slave terrified of going against the ones that should fear your vote, and stop blaming everyone else for the things you could have avoided.
Thing is, people have the government they deserve, and since an average Russian likes "firm hand" approach Putin is right up their alley. I read recently that Stalin is also making a big comeback over there and its more popular than ever (well, at least since the fall of USSR).

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January 12, 2023, 12:19:31 PM
 #9

At this point, I can't distinguish the facts from the propaganda.
The western propaganda says that everything is collapsing in Russia and the country will be facing a big economic depression followed by hyperinflation. Why there aren't any big protests in Moscow and Saint Petersburg right now?
The Putin propaganda says that the Russian budget is under control and the rubble is stable(with a little decrease of value down to 70 rubbles per dollar). Everything will be alright with the oil and gas export, because Russia is switching to the Asian markets(which is a bit exaggerated, because it takes time to build new pipelines).
Which propaganda should we trust more? Western or Putin's propaganda? Or maybe both are lying a lot, which was totally expected.

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January 12, 2023, 12:57:21 PM
 #10

Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.

Did North Korea attack South Korea? Did Venezuela attack Columbia? Did Iran attack somebody else?
And don't give the story about their might and their weapons and other bullshit, we've seen the mighty army that was supposed to parade its tanks in Lisbon in 7 days how they fared. Let's wait and see how Russia will fare in 2 years and if it will pose a threat to anybody else from there on!

Things would keep getting worst for Russia unless they end the invasion of Ukraine. The problem with the Russian economy is not revenue but increasing expenditure. The financial statement of the country showed that Russian revenue increased last year but the majority of them went to war financing.
Russia and its allies can't match the financial strength of the US, NATO nations, and their allies. C

Exactly, and that's the aim of those, destroy their revenue so they aren't able to afford a war, Russia can have Putin as a leader for 2000 years, and they can survive on whatever they want for another geological era, the thing is for them to not afford to threaten their neighbors as they did for the last decade, and right now it doesn't look like anyone is feeling like that anymore!

At this point, I can't distinguish the facts from the propaganda.
The western propaganda says that everything is collapsing in Russia and the country will be facing a big economic depression followed by hyperinflation. Why there aren't any big protests in Moscow and Saint Petersburg right now?

The numbers I've posted come from Russia itself, they went from excedent to deficit, the number on the price of the Ural oil comes from the markets, you just have to think for yourself right now and draw the obvious conclusion, if despite huge prices in the past they went from excedent to deficit how will they do when the price of oil and gas crumble?
As for protest, common, do you really expect them to do so when holding a blank piece of paper will get you arrested and sent to Ukraine to die?

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January 12, 2023, 01:15:57 PM
 #11

At this point, I can't distinguish the facts from the propaganda.
The western propaganda says that everything is collapsing in Russia and the country will be facing a big economic depression followed by hyperinflation. Why there aren't any big protests in Moscow and Saint Petersburg right now?
The Putin propaganda says that the Russian budget is under control and the rubble is stable(with a little decrease of value down to 70 rubbles per dollar). Everything will be alright with the oil and gas export, because Russia is switching to the Asian markets(which is a bit exaggerated, because it takes time to build new pipelines).
Which propaganda should we trust more? Western or Putin's propaganda? Or maybe both are lying a lot, which was totally expected.

The process of technological and cultural degradation in the country can drag on for many years..... 

Russia has a record low unemployment rate, no problems with food and energy security, and a fairly developed industry. 

Russia's problem is not a lack of resources, but the complete absence of a picture of a positive future and a gloomy depression of the majority of the population.  In the collective unconscious of the peoples of Russia, the Demon of Death Thanatos won a complete victory over the Angel Eros. 

As for other problems, they are purely tactical in nature and will be resolved one way or another. 

The peculiarity of a country like Russia is that it is a country with a very harsh climate.  Such a climate does not allow scenarios of complete technological degradation of the country to be realized. 

A certain level of technological development in Russia will be maintained, even if it is completely isolated.

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January 12, 2023, 02:19:11 PM
 #12

I think eventually everyone will see the outcome of the russian conflict with their own eyes. Whether russia wins or loses, everyone will know, eventually.

The point of attempting to sway public opinion on this topic, eludes me.

The sun will rise in the morning. Some might say: the sun will not rise today. But eventually everyone will see the sun in the sky! What is the point of claiming the opposite stance of fact and nature?

Personally, I do not like the idea of saying "russia is crumbling and has been defeated" as it is prone towards underestimating the extent of the threat. Underestimating events is a typical media trend. They did it when they said "Hillary had a 97% chance of defeating Trump in the 2016 elections". They said that Trump had already lost. Hillary winning the 2016 presidential election was all but inevitable.

I would like to take topics like russia and Putin more seriously. The same with other issues society faces.
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January 13, 2023, 12:50:29 PM
Last edit: January 14, 2023, 04:05:47 PM by mprep
 #13

Another portion of the "successes" of the country of the Terrorist Smiley

- The Russian car market collapsed to the “bottom” of the 1990s. Sales of new cars in Russia in 2022 after the departure of global automakers from the country collapsed by almost 60% compared to 2021 and amounted to only 687,370 units. This is reported by the Association of European Businesses in its report. December sales were half of last year's results and amounted to 64,072 vehicles.
https://www.moscowtimes.ru/2023/01/12/rossiiskii-avtorinok-ruhnul-nadno-1990-h-a30681

- Debts of Russians to banks for the first time exceeded 27 trillion rubles

- The State Duma announced the abolition of the deferment from mobilization for fathers with many children
... things at the front are going so "well" that even the fathers of large families are being slaughtered

- "Gone crazy". China says it has lost confidence in Putin

- Russia is one step away from the budget "catastrophe": the Ministry of Finance stated the collapse of Urals oil prices


Everything is fine in this news Smiley The most important thing that distinguishes them from Russian propaganda where they have already defeated NATO, Ukraine, and the Russian economy is flourishing, is that the above FACTS are easy to check and make sure they are real



The process of technological and cultural degradation in the country can drag on for many years..... 

Russia has a record low unemployment rate, no problems with food and energy security, and a fairly developed industry. 

Russia's problem is not a lack of resources, but the complete absence of a picture of a positive future and a gloomy depression of the majority of the population.  In the collective unconscious of the peoples of Russia, the Demon of Death Thanatos won a complete victory over the Angel Eros. 

As for other problems, they are purely tactical in nature and will be resolved one way or another. 

The peculiarity of a country like Russia is that it is a country with a very harsh climate.  Such a climate does not allow scenarios of complete technological degradation of the country to be realized. 

A certain level of technological development in Russia will be maintained, even if it is completely isolated.

Grin Grin Grin Grin Grin Grin Grin

Unemployment may not be too high (although it is easy to check one hundred is also a fake), but income is a question. Today, if you do not take Moscow and St. Petersburg, 60% of the able-bodied population live at the level of the poverty line. Otherwise, where, for example, does the debt to banks of 27 trillion rubles come from? 90+% of these debts are conditionally middle class. Homeless people are not given loans and mortgages, just as they are not given to the unemployed. This means that the working population has very low incomes.

Food. Many, but there are also nuances:
Again, judging by Moscow and St. Petersburg, everything is not bad. But then ... Reminds me of shops from the late USSR Smiley
By the way - do you want to know from what grain mass bread is produced in Russia? I'll tell you - fodder! This is grain for feeding livestock, if it's easier Smiley Or what chemistry is used to make dairy products? Read even the official studies of the dairy market Smiley

Energy security ? 50% of the population is supplied with gas, about the same number have water supply and sewerage. Oil storages are already full almost "to the eyeballs", and there are almost no gas storages - Russia almost always stored gas in the Ukrainian GTS. Excesses of produced gas and oil lead to the rapid conservation of deposits. But Russia cannot reopen it - it is a technologically backward country, and even in critical sectors of the economy it is 90% dependent on Western technologies. And you are talking about safety here Smiley

Developed industry? Are you seriously ? And what is developed - give examples that can be checked? Maybe Russia itself produces nails? Smiley Russia is a technologically backward RAW appendage of the West, dependent on Western technology and money.
do not try to pass off Russia as something less significant for the world, the only thing that modern Russia has succeeded in is terrorism, military and economic. He knows how to destroy but not create, he knows how to lie titanic, and he is afraid of the truth like the devil incense!

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January 13, 2023, 06:04:52 PM
 #14

As a Ukrainian, I'd be happy if Russia was doing badly. And I do agree that there is some impact of sanctions, but it doesn't seem to be as strong as initially anticipated or as swiftly efficient as expected. Let's not underestimate the enemies and recognize that Russian economists did marvels with a very bad situation on their hands. The gold standard and harsh foreign currency policies worked quite alright to stabilize the ruble, and while people did get poorer and prices went up, we're talking of people who largely went through the harsh 90s and are also generally used to bad economic conditions and barely surviving but still existing. The goal of sanctions, as I understood it at the beginning of the full-scale war, was to bring Russia's economy down so much that it won't be able to wage the war any more because of not having resources to maintain its army and weaponry. Clearly, this isn't working, as Russia can still gather its mobilized people and throw away their lives in Ukraine but also inflict some suffering upon Ukrainians, it can still buy drones from Iran, and it can maintain its economy on a very poor level but just enough not to have a societal collapse.
I do think things will get worse for Russia and that sanctions will inflict more long-term damage, but it's going to take time, while Ukraine, naturally, would prefer to win the war as soon as possible.

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January 13, 2023, 06:24:42 PM
 #15

do not try to pass off Russia as something less significant for the world, the only thing that modern Russia has succeeded in is terrorism, military and economic. He knows how to destroy but not create, he knows how to lie titanic, and he is afraid of the truth like the devil incense!
That's what happens when you try to feed your government. This isn't even just about Russia, in any nation that people try to pay most of their money to government to keep it going, they will live in poverty line.

I am not a supporter of liberal views where we should all stop paying taxes as much as possible, just pay a small fee, and government should leave our lives as well, that's not what I support, I support a good supportive government, and even high taxes if it goes to right places and gives a better life to people, but Russia is a terrible example of this, and so is UK and USA for that matter. You pay high taxes, and they still do nothing for you and you live in poverty, then why the hell did you paid all that taxes for?

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January 14, 2023, 01:07:29 PM
Last edit: January 14, 2023, 04:05:45 PM by mprep
 #16

Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.

instead of 1000 words, I will leave 4 letters for you - USSR Smiley



As a Ukrainian, I'd be happy if Russia was doing badly. And I do agree that there is some impact of sanctions, but it doesn't seem to be as strong as initially anticipated or as swiftly efficient as expected. Let's not underestimate the enemies and recognize that Russian economists did marvels with a very bad situation on their hands. The gold standard and harsh foreign currency policies worked quite alright to stabilize the ruble, and while people did get poorer and prices went up, we're talking of people who largely went through the harsh 90s and are also generally used to bad economic conditions and barely surviving but still existing. The goal of sanctions, as I understood it at the beginning of the full-scale war, was to bring Russia's economy down so much that it won't be able to wage the war any more because of not having resources to maintain its army and weaponry. Clearly, this isn't working, as Russia can still gather its mobilized people and throw away their lives in Ukraine but also inflict some suffering upon Ukrainians, it can still buy drones from Iran, and it can maintain its economy on a very poor level but just enough not to have a societal collapse.
I do think things will get worse for Russia and that sanctions will inflict more long-term damage, but it's going to take time, while Ukraine, naturally, would prefer to win the war as soon as possible.

Greetings from Kyiv Smiley

Look. For some reason, everyone decided that sanctions are like a toggle switch, or a lethal injection into a vein - once, and that's it, the body cools down! No. Sanctions don't work that way. The sanctions are stretched out in time and have the goal not to try to quickly "neutralize", but to make the country's economy, financial system, industry, military-industrial complex suffer an irreversible destructive effect. It's like a boa constrictor that slowly compresses the rings around the victim's body, first immobilizing it, then it becomes difficult for the victim to breathe, and then a crunch of bones is heard. And even if the victim manages to fall out of these embraces by chance, this victim will never become as fast and strong as it was before - the muscles and tendons are already torn, the brain is already damaged from lack of oxygen, the internal organs are damaged and do not work as they should, and rather everything will no longer work as it was until recently, and the skeleton is broken and will grow together for a long time, but crookedly, causing pain later with every movement ...
These are sanctions. The USSR held out for more than 10 years until the economy began to suffer. Sanctions against Russia really only work for 6 months. And the scale of the problem is already greater than that of the USSR just before the collapse! So do not underestimate the effect of sanctions!
The fact that the terrorist country has some resource - I agree. This is 100 million obedient slaves. It is they who will fulfill the will of the miserable cowardly parody of the Fuhrer, cowardly hiding in the bunker for the last years ...
And then everything - emptiness, the rot of the economy, no slaves, NO-THI-NG  !!!


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January 14, 2023, 03:45:41 PM
 #17

Why there aren't any big protests in Moscow and Saint Petersburg right now?

Even if there was a democracy in Russia like there is in some other countries, I would not expect protests in big cities because they are quite far from everything that has been happening in the last 10 months. If several hundred coffins arrived in these cities every day, there might be protests, but the fact is that Putler sends people from rural areas of Russia to Ukraine, because they mean absolutely nothing to him.

In addition, the average Russian is already numb to the point that he is always with the government either out of fear or some kind of pathological loyalty.

Which propaganda should we trust more? Western or Putin's propaganda? Or maybe both are lying a lot, which was totally expected.

To begin with, ask yourself who is the victim and who is the aggressor, and then who lies more and for what reasons. If you think that Russia is liberating Ukraine from Nazism, and that everyone who is with Ukraine is a Nazi, then believe that propaganda. When I see that the supposed second world military power of the world is fighting for months to conquer a small town in Ukraine with the help of mercenaries, then everything is clear to me - the worst days for them are yet to come.

Even before the sanctions were imposed, relevant experts said that it would take several years for Russia to feel their effect. At a time when such a powerful country has to rely on North Korea and Iran to wage a war, isn't that more than enough proof of how weak they are - well, the other day Putler was mad at a minister because he failed to sign a single contract (if I'm not mistaken, it's about passenger and military planes).

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January 14, 2023, 07:33:52 PM
 #18

With gas prices being lower than last year during this period, but with Russia selling just 1/3 of it now, with Urals trading full 33$ down from a year ago to 52$ but with Russia so desperate to sell that it does so even at $38 per barrel, it's obvious what the budget income will look like this year. On top of that add the hundred do thousands of job losses once companies pulled out, a figure that will start to bite around now since a lot of them were generous enough to make a 6 to 12-month payment before firing people, and the hundreds of thousands dead and mutilated in Ukraine and the hundreds of thousands that fled Russia with full pockets, and those were the guys that earned a lot, a real brain drain that will leave its mark for decades.
People ignore the fact that a lot of educated and rich people, especially young ones, left Russia and moved in different countries. These people are the core of the country.
Who are the core of the success of the country? Educated, young people and the ones who have a capital to make investments into them. When the majority of people who leave your country are in this queue, I don't think that you are doing well in the near future because it takes a lot of time to upbring them.

But of course, there will be some that will say Russia is stronk, Russia has resources, Russia this and that but Russia is a shadow of the URSS that had all of those and much more, but still ended in the garbage bin of history!
Russia truly has a lot of resources but unlike Norway, those resources aren't used to benefit the society, they are either used for military purposes or to overfill the pocket of corrupt billionaires.
USSR was never as strong as people think, quality of life was very low and furthermore, pupils were forced to work in tea plantations too, overall forced labor was used extensively and I sometimes wonder why people dream the soviet union.

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January 14, 2023, 07:59:30 PM
 #19

Look. For some reason, everyone decided that sanctions are like a toggle switch, or a lethal injection into a vein - once, and that's it, the body cools down! No. Sanctions don't work that way. The sanctions are stretched out in time and have the goal not to try to quickly "neutralize", but to make the country's economy, financial system, industry, military-industrial complex suffer an irreversible destructive effect. It's like a boa constrictor that slowly compresses the rings around the victim's body, first immobilizing it, then it becomes difficult for the victim to breathe, and then a crunch of bones is heard. And even if the victim manages to fall out of these embraces by chance, this victim will never become as fast and strong as it was before - the muscles and tendons are already torn, the brain is already damaged from lack of oxygen, the internal organs are damaged and do not work as they should, and rather everything will no longer work as it was until recently, and the skeleton is broken and will grow together for a long time, but crookedly, causing pain later with every movement ...

You're completely delusional. A tiny Caribbean island of Cuba has been under sanctions since 1959! 64 years dammit! That's a very slow constricting boa. Russia is not geographically isolated and is self-sufficient so my rough estimate for the sanctions to start working is approximately NEVER  Grin
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January 14, 2023, 08:45:35 PM
 #20

Look. For some reason, everyone decided that sanctions are like a toggle switch, or a lethal injection into a vein - once, and that's it, the body cools down! No. Sanctions don't work that way. The sanctions are stretched out in time and have the goal not to try to quickly "neutralize", but to make the country's economy, financial system, industry, military-industrial complex suffer an irreversible destructive effect. It's like a boa constrictor that slowly compresses the rings around the victim's body, first immobilizing it, then it becomes difficult for the victim to breathe, and then a crunch of bones is heard. And even if the victim manages to fall out of these embraces by chance, this victim will never become as fast and strong as it was before - the muscles and tendons are already torn, the brain is already damaged from lack of oxygen, the internal organs are damaged and do not work as they should, and rather everything will no longer work as it was until recently, and the skeleton is broken and will grow together for a long time, but crookedly, causing pain later with every movement ...

You're completely delusional. A tiny Caribbean island of Cuba has been under sanctions since 1959! 64 years dammit! That's a very slow constricting boa. Russia is not geographically isolated and is self-sufficient so my rough estimate for the sanctions to start working is approximately NEVER  Grin


You are just wrong Smiley
I'll even explain why. And I’ll even start with such a statement, which you probably don’t expect from me!
So - for 50% of the population of Russia, sanctions will not be noticeable !!!
Yes, yes, yes, exactly. I have no nonsense, everything is true!
But there is a nuance. Their standard of living is such that it is WORSE TO LIVE IN THE SAME WHERE!!! Sanctions apply to those who have something to lose. And sanctions do not work on the lower strata of the population - as they were the lower strata of the population, they remain at the bottom of society, where it is no longer possible to go lower!

Here you are talking about Cuba - have you been there? Have you seen how people EXIST there? The sanctions have done their job - you can't live there, you can exist there! Card products, lack of usual services for normal countries, lack of any choice and OPPORTUNITIES! There is nothing ! This is what I saw in 2011. Then I know Cuba began to change, now I’m not ready to say what has changed there.
I specifically drove through Cuba. I thought I was unlucky, I ended up in such a depressive region, albeit a tourist one. It turned out - where I was - it was still "a good standard of living." Believe me - if you are left to live in Cuba for half a year, in a couple of weeks you will be crying with elephantine tears, just to be taken away from there, back, anywhere!


Oh yes, and about self-sufficient Russia - a very funny joke, very Smiley

Tell me - why, 6 months after the imposition of sanctions, Russia ran out of ALL stocks, the sale of gold reserves begins, entire industries stop, and the government hysterically demands to lift sanctions? And the "great geostrategist", in fact, a miserable parody of the Fuhrer, is not the first time begging Ukraine for negotiations? Smiley
Tax increase. impoverishment of the masses, curtailment of all social programs ... Even the relatives of the dead soldiers of the Russian army who are fighting a terrorist war in Ukraine (objectively - terrorists are murderers) are not paid "coffin" benefits, deceiving in every possible way (they promised to pay 7 million rubles, they pay from 30,000 to 250,000 rubles in real)

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January 16, 2023, 05:16:03 PM
 #21

We are talking about the economic sanctions against Russia and even many famous political men outside of Russia but still from what's can see Russia was so ready to be under pressure by the USA and some other European countries because they were expecting to face the sanction even before they start attacking Ukraine, they usually will keep trading out of Russia with other countries by using another as a proxy. so they can still keep selling their products and buy their needs without being worried about the sanctions, I guess even the USA and European counties could guess this reaction from Russia.
If Russia were prepared for the current sanctions that have already been imposed against it, then they would not place more than $300 billion in foreign banks that were frozen in the first days after the attack on Ukraine and which are more likely to be transferred to Ukraine as a refund the damage caused. Also, Russia was not ready for such almost one-pack support of Ukraine in financial, material and military terms. In addition, Putin clearly did not count on Europe's refusal of Russian energy carriers, and this is hitting Russia's income very hard.
Thanks to the support of Ukraine from other states, Ukrainians have the opportunity to inflict a military defeat on Russia, and the Kremlin did not count on such a decisive rebuff either. It is because of this that the Putin regime is now experiencing an acute shortage of military equipment, ammunition, and even trained soldiers.

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January 25, 2023, 12:53:33 PM
 #22


Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.
The United States dealt another heavy blow to Russian banking and energy. The last major Russian bank was deprived of access to American correspondent accounts, that is, now it will not be able to carry out transactions with US dollars. The Kremlin financial structure will not be able to make cross-border dollar transfers from next Friday, January 27th. The reason is the closure of correspondent accounts of Gazprombank in the American JPMorgan Chase Bank and Bank of New York Mellon.
To trade Russian energy resources, the Kremlin will now have to switch to gray and even criminal schemes. And this means that the budget of the Russian Federation will become even more scarce than previously expected. Well, in Russia there is a good opportunity to switch to cryptocurrencies in their calculations, or at least to stablecoins.

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January 25, 2023, 01:16:01 PM
 #23


Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.
The United States dealt another heavy blow to Russian banking and energy. The last major Russian bank was deprived of access to American correspondent accounts, that is, now it will not be able to carry out transactions with US dollars. The Kremlin financial structure will not be able to make cross-border dollar transfers from next Friday, January 27th. The reason is the closure of correspondent accounts of Gazprombank in the American JPMorgan Chase Bank and Bank of New York Mellon.
To trade Russian energy resources, the Kremlin will now have to switch to gray and even criminal schemes. And this means that the budget of the Russian Federation will become even more scarce than previously expected. Well, in Russia there is a good opportunity to switch to cryptocurrencies in their calculations, or at least to stablecoins.

Yes, it is possible that Russia will use bitcoin and the US dollar in cross-border trading. 

Russia has a lot of goods that it wants to sell to foreign countries (oil, natural gas, timber, wheat, mineral fertilizers, etc.).

At the same time, there are options for receiving payments from abroad in US dollars, euros, Japanese prices, British pound, Swiss  The franc is getting smaller and smaller.  There is also a need to purchase the necessary goods and materials abroad. 

Therefore, the option of using cryptocurrencies in the calculations is likely to be implemented.  This will inevitably lead to higher prices for bitcoins and alternative cryptocurrencies.

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February 07, 2023, 07:21:34 PM
 #24

And of course, sanctions, oil price caps, changing the supplier of gas, those are not affecting Russia at all, not a bit:

https://www.reuters.com/markets/russias-jan-budget-deficit-widens-energy-revenues-slump-2023-02-06/
https://www.kommersant.ru/doc/5799135

Quote
January's deficit already stands at 60% of the whole year's plan of 2.93 trillion roubles and analysts expect the shortfall to widen to more than 5 trillion roubles if current conditions persist.On Monday, the ministry said the National Wealth Fund (NWF) stood at $155 billion, with 38.5 billion roubles worth of Chinese yuan and gold spent in January to cover the deficit.

And here goes the so-called dedolarization, and the gold-backed currency!
They are publicly acknowledging they have sold gold from the CB reserve to cover the deficit!

Quote
Slumping energy revenues and soaring expenditures pushed Russia's federal budget to a deficit of 1.76 trillion rubles ($24.78 billion) in January amid Western sanctions and the cost of the war in Ukraine. The Finance Ministry said on February 6 that oil and gas revenues were 46.4 percent lower in January than in the same month last year. Overall revenue for the month was down 35.1 percent, while spending was 58.7 percent higher.

How do you call in economic terms the situation where your revenue goes down by a third, your expenses u by more than a half and the worse part is not even here yet? If I were to quote some economic experts here this is a great achievement, right?
Oh did I mention that the current 3% deficit is for a price per barrel of 70$ while Urals is now trading at 52.62 and is being usually sold directly with discounts of over 10-20$ per barrel?

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February 07, 2023, 07:34:27 PM
 #25

And of course, sanctions, oil price caps, changing the supplier of gas, those are not affecting Russia at all, not a bit:

https://www.reuters.com/markets/russias-jan-budget-deficit-widens-energy-revenues-slump-2023-02-06/
https://www.kommersant.ru/doc/5799135

Quote
January's deficit already stands at 60% of the whole year's plan of 2.93 trillion roubles and analysts expect the shortfall to widen to more than 5 trillion roubles if current conditions persist.On Monday, the ministry said the National Wealth Fund (NWF) stood at $155 billion, with 38.5 billion roubles worth of Chinese yuan and gold spent in January to cover the deficit.

And here goes the so-called dedolarization, and the gold-backed currency!
They are publicly acknowledging they have sold gold from the CB reserve to cover the deficit!

Quote
Slumping energy revenues and soaring expenditures pushed Russia's federal budget to a deficit of 1.76 trillion rubles ($24.78 billion) in January amid Western sanctions and the cost of the war in Ukraine. The Finance Ministry said on February 6 that oil and gas revenues were 46.4 percent lower in January than in the same month last year. Overall revenue for the month was down 35.1 percent, while spending was 58.7 percent higher.

How do you call in economic terms the situation where your revenue goes down by a third, your expenses u by more than a half and the worse part is not even here yet? If I were to quote some economic experts here this is a great achievement, right?
Oh did I mention that the current 3% deficit is for a price per barrel of 70$ while Urals is now trading at 52.62 and is being usually sold directly with discounts of over 10-20$ per barrel?

The situation is bad, but not catastrophic.  The situation is catastrophic for the Russian youth, from whom the country was stolen. 

As for the stability of the Russian economic system, it continues to be stable. 

The existing gold and foreign exchange reserves, funds held in the National Wealth Fund, as well as future proceeds from the hydrocarbon trade will be enough for 5-6 years. 

Over the years, people will get used to a lower standard of living, and the national economy will be completely transferred to a military footing.

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February 08, 2023, 06:33:50 AM
 #26

Yes, it is possible that Russia will use bitcoin and the US dollar in cross-border trading. 

Bitcoin doesn't have enough liquidity, and given the sanctions, Russians will find it very difficult to convert BTC to fiat. US Dollar is not preferred by any of the Russian exporters at this point, because banking support is close to zero. Here in India, most of the private sector refineries who imported Russian Urals crude during the last few months made the payments in United Arab Emirates Dirham (AED). A few even made payments in Chinese Yuan for crude oil and coal. From what I understand, banks in UAE are still processing payments to Russia.

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February 08, 2023, 08:49:35 AM
 #27

Yes, it is possible that Russia will use bitcoin and the US dollar in cross-border trading. 

Bitcoin doesn't have enough liquidity, and given the sanctions, Russians will find it very difficult to convert BTC to fiat. US Dollar is not preferred by any of the Russian exporters at this point, because banking support is close to zero. Here in India, most of the private sector refineries who imported Russian Urals crude during the last few months made the payments in United Arab Emirates Dirham (AED). A few even made payments in Chinese Yuan for crude oil and coal. From what I understand, banks in UAE are still processing payments to Russia.

Bitcoin does not have to be converted into fiat money. 

You can sell some of your goods for Bitcoin, and use the received coins to purchase the necessary spare parts and other necessary goods.  Russia has a very large demand for imported components and spare parts. 

Of course, if the banks of the United Arab Emirates continue to service Russian payments, then payments will be made through Arab banks.  Probably Arab banks are not afraid to fall under secondary international sanctions? 

However, the situation may change and then you will have to return to the idea of ​​making payments in cryptocurrency.

.
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February 08, 2023, 10:58:16 AM
 #28

Sanctions work: in Russia there will soon be no sausages, sausages and other meat products. The problem of shortage of sausage products is connected with EU sanctions: film for meat products was supplied to the Russian Federation from seven European factories at once. Now the Russians are forced to buy raw materials in "friendly" China, which, in turn, set them very tough conditions: prepayment or "parallel imports", while the delivery time from China is about 10 months. Because of this, Russian producers are forced to stock up on sausage films for the year ahead, and the costs of Russians have increased in some places up to 70%. It remains only to calculate how many losses this Russian industry will suffer due to the aggressive war unleashed by Putin, and how long the Russian producers will be able to work on such unfavorable conditions.

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February 08, 2023, 12:06:52 PM
 #29

And here goes the so-called dedolarization, and the gold-backed currency!
They are publicly acknowledging they have sold gold from the CB reserve to cover the deficit!

Quote
Slumping energy revenues and soaring expenditures pushed Russia's federal budget to a deficit of 1.76 trillion rubles ($24.78 billion) in January amid Western sanctions and the cost of the war in Ukraine. The Finance Ministry said on February 6 that oil and gas revenues were 46.4 percent lower in January than in the same month last year. Overall revenue for the month was down 35.1 percent, while spending was 58.7 percent higher.

How do you call in economic terms the situation where your revenue goes down by a third, your expenses u by more than a half and the worse part is not even here yet? If I were to quote some economic experts here this is a great achievement, right?
Oh did I mention that the current 3% deficit is for a price per barrel of 70$ while Urals is now trading at 52.62 and is being usually sold directly with discounts of over 10-20$ per barrel?
Well, if you visit Russia Today (RT Hoвocти), you will see an article called: Real wages in Germany plummet – data.

This is what they want to keep your attention on:
  • Real earnings in Germany decreased by an average of 4.1% in 2022 compared with a year earlier, according to preliminary data from the statistics agency Destatis released on Tuesday.
  • Meanwhile, nominal earnings in the country increased by only 3.4% on average in 2022. This figure takes into account the gross monthly earnings of employees including extra payments, Destatis explained.

Do you get the point? They are saying that hey, have a look, this is how the life is going on in Germany, they are fucked, have a look, western countries are fucked, they are in poverty, they can't afford to buy a food, they have to make choice between food and heat and other meaningless words. They are brainwashing people and they want them to believe that life outside of Russia is catastrophe.

The situation is bad, but not catastrophic.  The situation is catastrophic for the Russian youth, from whom the country was stolen. 

As for the stability of the Russian economic system, it continues to be stable. 

The existing gold and foreign exchange reserves, funds held in the National Wealth Fund, as well as future proceeds from the hydrocarbon trade will be enough for 5-6 years. 

Over the years, people will get used to a lower standard of living, and the national economy will be completely transferred to a military footing.
Country isn't stolen from Russian youth, do they fight for it? No. So, what's the problem? Russians are used to low standard of living, the problem is Moscow and Saint Petersburg but they will have to accept it.

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February 08, 2023, 01:00:50 PM
 #30

And here goes the so-called dedolarization, and the gold-backed currency!
They are publicly acknowledging they have sold gold from the CB reserve to cover the deficit!

Quote
Slumping energy revenues and soaring expenditures pushed Russia's federal budget to a deficit of 1.76 trillion rubles ($24.78 billion) in January amid Western sanctions and the cost of the war in Ukraine. The Finance Ministry said on February 6 that oil and gas revenues were 46.4 percent lower in January than in the same month last year. Overall revenue for the month was down 35.1 percent, while spending was 58.7 percent higher.

How do you call in economic terms the situation where your revenue goes down by a third, your expenses u by more than a half and the worse part is not even here yet? If I were to quote some economic experts here this is a great achievement, right?
Oh did I mention that the current 3% deficit is for a price per barrel of 70$ while Urals is now trading at 52.62 and is being usually sold directly with discounts of over 10-20$ per barrel?
Well, if you visit Russia Today (RT Hoвocти), you will see an article called: Real wages in Germany plummet – data.

This is what they want to keep your attention on:
  • Real earnings in Germany decreased by an average of 4.1% in 2022 compared with a year earlier, according to preliminary data from the statistics agency Destatis released on Tuesday.
  • Meanwhile, nominal earnings in the country increased by only 3.4% on average in 2022. This figure takes into account the gross monthly earnings of employees including extra payments, Destatis explained.

Do you get the point? They are saying that hey, have a look, this is how the life is going on in Germany, they are fucked, have a look, western countries are fucked, they are in poverty, they can't afford to buy a food, they have to make choice between food and heat and other meaningless words. They are brainwashing people and they want them to believe that life outside of Russia is catastrophe.

The situation is bad, but not catastrophic.  The situation is catastrophic for the Russian youth, from whom the country was stolen. 

As for the stability of the Russian economic system, it continues to be stable. 

The existing gold and foreign exchange reserves, funds held in the National Wealth Fund, as well as future proceeds from the hydrocarbon trade will be enough for 5-6 years. 

Over the years, people will get used to a lower standard of living, and the national economy will be completely transferred to a military footing.
Country isn't stolen from Russian youth, do they fight for it? No. So, what's the problem? Russians are used to low standard of living, the problem is Moscow and Saint Petersburg but they will have to accept it.

Imagine that you have met a tiger or a rhinoceros in the forest.  You managed to escape from this monster.  And then they tell you with condemnation, why did you run away from him?  You should have fought him and won!  Why didn't you break the rhino's horn?  Why didn't you slap the tiger on the ass?  It is so simple! 

I'll tell you a secret - modern Russian youth are not supermen.  This is a very small and physically weak generation.  It is small in number because all these people were born during a period of demographic decline (the so-called dashing gangster 90s of the last century). 

Boys and girls of this generation know how to ride skateboards and electric scooters, surf the Internet, smoke hookah, engage in personal growth and cry when they are depressed. 

They have nothing to oppose to the generation that was formed under the gangster capitalism of Russia in the 90s (for this generation, human life means nothing, neither their own nor someone else's, and they will press the nuclear button without batting an eyelid).

.
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February 08, 2023, 04:20:16 PM
 #31

Bitcoin does not have to be converted into fiat money. 
You can sell some of your goods for Bitcoin, and use the received coins to purchase the necessary spare parts and other necessary goods.  Russia has a very large demand for imported components and spare parts. 
Of course, if the banks of the United Arab Emirates continue to service Russian payments, then payments will be made through Arab banks.  Probably Arab banks are not afraid to fall under secondary international sanctions? 
However, the situation may change and then you will have to return to the idea of ​​making payments in cryptocurrency.

Then why use bitcoin in the first place? Why not rubles?
If a bank is accepting your payment in bitcoin as long as you're sanctioned it will obviously accept your payment in rubles also.
If someone is willing to sell you for crypto they will sell you for any kind of currency as long is convertible.
If your currency is not convertible, how do you plan on acquiring bitcoin with it?  Wink

As for the stability of the Russian economic system, it continues to be stable. 
The existing gold and foreign exchange reserves, funds held in the National Wealth Fund, as well as future proceeds from the hydrocarbon trade will be enough for 5-6 years. 

Heard that in '88, the USSR had no debt, a ton of oil and gas, and gold, we know how it ended.
And it was involved in a war in Afghanistan, not Ukraine, at a time when Ukraine was a part of the USSR.

Do you get the point? They are saying that hey, have a look, this is how the life is going on in Germany, they are fucked, have a look, western countries are fucked, they are in poverty, they can't afford to buy a food, they have to make choice between food and heat and other meaningless words. They are brainwashing people and they want them to believe that life outside of Russia is catastrophe.

A bit hard to not get their point, it has been like this since Lenin, the west is eating hamsters and burning rat dropping to keep warm while Russians live the best life on this planet. I've said it before, if you would have listened to the radio before the fall of the Union you could have sworn the US is fighting in a civil war and French men are cooking frog legs because they have no wheat or corn or meat left.


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February 08, 2023, 05:42:22 PM
 #32

In fact, everything is easier....

Bitcoin does not require intermediaries in the form of banks, Satoshi Nakamoto created it as a completely independent and autonomous payment system. 

In a situation where the very ability to make payments in fiat currencies (US dollar, euro, Japanese price, British pound, Swiss franc) fell under sanctions, it is possible to pay for all foreign trade operations with crypto (the most important thing is that trading counterparties agree to this form of payment)  . 

No need to convert anything into fiat money, no need to interact with foreign banks.  All calculations will be made exclusively in the blockchain. 

Rubles, unlike Bitcoin, are not an international freely convertible currency.  Outside the territory of the Russian Federation, they have no value.

.
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February 08, 2023, 09:51:07 PM
 #33

In fact, everything is easier....

Bitcoin does not require intermediaries in the form of banks, Satoshi Nakamoto created it as a completely independent and autonomous payment system. 

In a situation where the very ability to make payments in fiat currencies (US dollar, euro, Japanese price, British pound, Swiss franc) fell under sanctions, it is possible to pay for all foreign trade operations with crypto (the most important thing is that trading counterparties agree to this form of payment)  . 

No need to convert anything into fiat money, no need to interact with foreign banks.  All calculations will be made exclusively in the blockchain. 

Rubles, unlike Bitcoin, are not an international freely convertible currency.  Outside the territory of the Russian Federation, they have no value.

I would even go so far as to say that Bitcoin's market cap and trading volume as of today are also indicators that the network is used to cover certain needs like circumventing sanctions. The more political measures like sanctions are imposed, the more attractive will the Bitcoin network become. Authoritarian governments (and others as well of course) will learn the hard way that the ultimate way to transact safely and reliably around the globe in a world of sanctions can only be via a decentralized network like Bitcoin.

The trading volume we currently have is politically relevant. It was in 2017 when we first crossed the billion USD mark. While mostly authoritarian regimes considered banning Bitcoin also back at the time, it wasn't relevant to them anyway as they thought it is not enough volume and liquidity to ever complete huge cross boarder deals anyway. Now it is totally realistic to close a billion dollar deal and agree to transact in Bitcoin. So even these political issues around the world will eventually increase the need for the very network that many of those regimes have or had been trying to ban.

Regarding the deficit posted by the Russian government, I don't have the slightest of an idea how close to reality those numbers are. Is there some halfway reliable option to cross-check that?

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February 09, 2023, 10:44:34 AM
 #34

In fact, everything is easier....

Bitcoin does not require intermediaries in the form of banks, Satoshi Nakamoto created it as a completely independent and autonomous payment system. 

In a situation where the very ability to make payments in fiat currencies (US dollar, euro, Japanese price, British pound, Swiss franc) fell under sanctions, it is possible to pay for all foreign trade operations with crypto (the most important thing is that trading counterparties agree to this form of payment)  . 

No need to convert anything into fiat money, no need to interact with foreign banks.  All calculations will be made exclusively in the blockchain. 

Rubles, unlike Bitcoin, are not an international freely convertible currency.  Outside the territory of the Russian Federation, they have no value.

I would even go so far as to say that Bitcoin's market cap and trading volume as of today are also indicators that the network is used to cover certain needs like circumventing sanctions. The more political measures like sanctions are imposed, the more attractive will the Bitcoin network become. Authoritarian governments (and others as well of course) will learn the hard way that the ultimate way to transact safely and reliably around the globe in a world of sanctions can only be via a decentralized network like Bitcoin.

The trading volume we currently have is politically relevant. It was in 2017 when we first crossed the billion USD mark. While mostly authoritarian regimes considered banning Bitcoin also back at the time, it wasn't relevant to them anyway as they thought it is not enough volume and liquidity to ever complete huge cross boarder deals anyway. Now it is totally realistic to close a billion dollar deal and agree to transact in Bitcoin. So even these political issues around the world will eventually increase the need for the very network that many of those regimes have or had been trying to ban.

Regarding the deficit posted by the Russian government, I don't have the slightest of an idea how close to reality those numbers are. Is there some halfway reliable option to cross-check that?

Regarding the budget deficit - in my opinion, the information is correct.  During the Covid-19 pandemic, Russia was one of the few countries where the state did not make compensation payments to the population. 

However, time has passed and now money from the budget is being spent very actively.  At the same time, the funds of the National Wealth Fund are actively spent, this is money that was not withdrawn by the oligarchs to offshore, but was accumulated in special funds. 

They were reserved in order to improve the well-being of the next generations and make the transition to a new technological way of the economy of the 21st century. 

Instead, they will be wasted on meaningless and very harmful activities.

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February 09, 2023, 03:24:03 PM
 #35

Regarding the deficit posted by the Russian government, I don't have the slightest of an idea how close to reality those numbers are. Is there some halfway reliable option to cross-check that?

Since the numbers I've quoted came from Russia itself:
https://tass.com/economy/1572381
double or triple them for the deficit, cut them in half for revenue and you're close to the truth.

In fact, everything is easier....
~
Rubles, unlike Bitcoin, are not an international freely convertible currency.  Outside the territory of the Russian Federation, they have no value.

Again it seems like you're missing the important point here.
If it's hard for you to buy stuff from people just because of the ruble converting issue, won't be just as hard to buy bitcoins with the same rubles?
It's simple logic, if I don't want to accept litecoin in my shop for coffee no way in hell I'm going to sell you my bitcoins for litecoin, right?

I would even go so far as to say that Bitcoin's market cap and trading volume as of today are also indicators that the network is used to cover certain needs like circumventing sanctions. ~ The trading volume we currently have is politically relevant.

Trading volume is meaningless, you can have a look and compare the daily volume of Forex markets with the actual value of goods traded each day.
Forex does around 8 trillion a day while all global annual trade is 22 trillion, so 1/100.
Besides, those would be on-chain events and for on-chain volume in $ value is still the lowest since 2020.


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February 09, 2023, 04:12:01 PM
 #36

In my opinion, the situation with transnational payments has the following features.... 

Russia's problem is not that the ruble is not a convertible currency.  The Soviet ruble was also not a convertible currency. 

Russia's problem is that international sanctions have been imposed on it, including a ban on the use of the international financial system.  And without the possibility of using this system, it is very difficult to make all cross-border payments.  This applies to both exports and imports of goods. 

The Russian government does not need to convert bitcoins into rubles and vice versa. 

It is important for the Russian government that critical goods for Russia are imported.  And for this it is necessary to export raw materials (for example, hydrocarbons).  It is impossible to transfer rubles abroad and back (foreign banks block such transactions).  Russia is disconnected from the SWIFT payment system. 

And payments with bitcoin cannot be blocked, since bitcoin is not subject to censorship.

.
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February 09, 2023, 04:44:37 PM
 #37

Imagine that you have met a tiger or a rhinoceros in the forest.  You managed to escape from this monster.  And then they tell you with condemnation, why did you run away from him?  You should have fought him and won!  Why didn't you break the rhino's horn?  Why didn't you slap the tiger on the ass?  It is so simple! 

I'll tell you a secret - modern Russian youth are not supermen.  This is a very small and physically weak generation.  It is small in number because all these people were born during a period of demographic decline (the so-called dashing gangster 90s of the last century). 

Boys and girls of this generation know how to ride skateboards and electric scooters, surf the Internet, smoke hookah, engage in personal growth and cry when they are depressed. 

They have nothing to oppose to the generation that was formed under the gangster capitalism of Russia in the 90s (for this generation, human life means nothing, neither their own nor someone else's, and they will press the nuclear button without batting an eyelid).
Russian youth have options, either stay or run away. Everyone can't run away from their motherland because that's impossible, so, a lot of youth will have to stay. What should they do? When Tiger comes to you but you have no way to escape, will you slacken and let it eat you alive? Or will you stay on your feet and try to beat it?
Yes, this generation is very soft but that is not an excuse. This world is brutal, it's not what we have been told during our childhood and I think everyone acknowledges that weak will always be oppressed.
I want to remind you this perfect quote
Quote
Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.

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February 09, 2023, 06:43:54 PM
 #38

A bit of reality - TODAY, Russia reports the second largest deficit in the post-Soviet era. This is just after 6 months of full-fledged sanctions and just the start of an embargo on some hydrocarbons from a terrorist country.

To understand the power of destruction from sanctions (let me remind you once again - they acted against the USSR for 10 years, against the Russian Federation - objectively for about 6 months), just read these small facts from Russia in early February 2023:
- In many cities, food products on the shelves of supermarkets are beginning to be replaced with dummies. For example, stores in Naberezhnye Chelny replaced the stew with dummies. For real stew, now you need to go to the seller at the checkout. They began to steal food in Russia very strongly. According to Putin, the country richest in resources, with the largest area Smiley
- Revenues of the Russian budget from exports collapsed by almost 4 times. Customs reported a 73% drop in export fees.
- In Russia, there was a shortage of casings for sausages and sausages.
It turned out that it was bought in Europe. In Russia, they don’t know how to produce nails, milk bags, paper dye, sour cream starter, aircraft and car parts, sausage casings ... Smiley
- 2.4 thousand names of medicines have disappeared from Russian pharmacies. The range shrank by 10% per year, calculated in the DSM Group.
- The Russians will usually pay for the war: The government demanded 200 billion rubles from big business to pay for the war. Which taxes need to be raised for this, the billionaires must decide for themselves Smiley Just like that - quickly bring 200 billion rubles to the budget. And then again and again and again. Greatness is gone Smiley
- Sberbank lost its subsidiary in the UAE after US claims
All licenses of the Sberbank subsidiary were canceled a week after the visit of US officials to the UAE.
.. and many similar trash FACTS from the life of "great Russia"

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February 09, 2023, 09:14:17 PM
 #39

Imagine that you have met a tiger or a rhinoceros in the forest.  You managed to escape from this monster.  And then they tell you with condemnation, why did you run away from him?  You should have fought him and won!  Why didn't you break the rhino's horn?  Why didn't you slap the tiger on the ass?  It is so simple! 

I'll tell you a secret - modern Russian youth are not supermen.  This is a very small and physically weak generation.  It is small in number because all these people were born during a period of demographic decline (the so-called dashing gangster 90s of the last century). 

Boys and girls of this generation know how to ride skateboards and electric scooters, surf the Internet, smoke hookah, engage in personal growth and cry when they are depressed. 

They have nothing to oppose to the generation that was formed under the gangster capitalism of Russia in the 90s (for this generation, human life means nothing, neither their own nor someone else's, and they will press the nuclear button without batting an eyelid).
Russian youth have options, either stay or run away. Everyone can't run away from their motherland because that's impossible, so, a lot of youth will have to stay. What should they do? When Tiger comes to you but you have no way to escape, will you slacken and let it eat you alive? Or will you stay on your feet and try to beat it?
Yes, this generation is very soft but that is not an excuse. This world is brutal, it's not what we have been told during our childhood and I think everyone acknowledges that weak will always be oppressed.
I want to remind you this perfect quote
Quote
Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.

Yes, hard times make people stronger, but these strong people are angry, aggressive, and incredibly cruel. 

They are not creators, they are destroyers. 

They cannot create good times...

However, they can kill each other (as well as other people) and they will.  When all strong people kill each other, and their corpses are torn to pieces by dogs, enlightenment will come. 

Then the rest (weaker people) will be horrified by the abundance of spilled blood and will swear to each other never to allow wars on Earth again. 

Then the good times will come.

.
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February 09, 2023, 11:20:09 PM
Last edit: February 10, 2023, 11:58:29 PM by coupable
 #40


Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.
The United States dealt another heavy blow to Russian banking and energy. The last major Russian bank was deprived of access to American correspondent accounts, that is, now it will not be able to carry out transactions with US dollars. The Kremlin financial structure will not be able to make cross-border dollar transfers from next Friday, January 27th. The reason is the closure of correspondent accounts of Gazprombank in the American JPMorgan Chase Bank and Bank of New York Mellon.
To trade Russian energy resources, the Kremlin will now have to switch to gray and even criminal schemes. And this means that the budget of the Russian Federation will become even more scarce than previously expected. Well, in Russia there is a good opportunity to switch to cryptocurrencies in their calculations, or at least to stablecoins.

Yes, it is possible that Russia will use bitcoin and the US dollar in cross-border trading.  

Russia has a lot of goods that it wants to sell to foreign countries (oil, natural gas, timber, wheat, mineral fertilizers, etc.).

At the same time, there are options for receiving payments from abroad in US dollars, euros, Japanese prices, British pound, Swiss  The franc is getting smaller and smaller.  There is also a need to purchase the necessary goods and materials abroad.  

Therefore, the option of using cryptocurrencies in the calculations is likely to be implemented.  This will inevitably lead to higher prices for bitcoins and alternative cryptocurrencies.
Sanctions on Russia affect its economy.  But over time, the economy adjusts to the reality of sanctions.  Perhaps he may recover soon and be able to find solutions to compensate for the shortage caused by those sanctions.  Do not forget that Iran has been living under harsher sanctions for years.
In addition, Russia is targeting the Ukrainian strategic centers to weaken them internally. The weapons provided by the West are not yet able to make a difference. In a statement to the Ukrainian Minister of Defense, the minister stressed that the Russian lands will not be targeted and that their purpose in the war is mainly defensive.
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February 10, 2023, 09:18:39 AM
Merited by DrBeer (1)
 #41


Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.
The United States dealt another heavy blow to Russian banking and energy. The last major Russian bank was deprived of access to American correspondent accounts, that is, now it will not be able to carry out transactions with US dollars. The Kremlin financial structure will not be able to make cross-border dollar transfers from next Friday, January 27th. The reason is the closure of correspondent accounts of Gazprombank in the American JPMorgan Chase Bank and Bank of New York Mellon.
To trade Russian energy resources, the Kremlin will now have to switch to gray and even criminal schemes. And this means that the budget of the Russian Federation will become even more scarce than previously expected. Well, in Russia there is a good opportunity to switch to cryptocurrencies in their calculations, or at least to stablecoins.

Yes, it is possible that Russia will use bitcoin and the US dollar in cross-border trading. 

Russia has a lot of goods that it wants to sell to foreign countries (oil, natural gas, timber, wheat, mineral fertilizers, etc.).

At the same time, there are options for receiving payments from abroad in US dollars, euros, Japanese prices, British pound, Swiss  The franc is getting smaller and smaller.  There is also a need to purchase the necessary goods and materials abroad. 

Therefore, the option of using cryptocurrencies in the calculations is likely to be implemented.  This will inevitably lead to higher prices for bitcoins and alternative cryptocurrencies.
Sanctions on Russia affect its economy.  But over time, the economy adjusts to the reality of sanctions.  Perhaps he may recover soon and be able to find solutions to compensate for the shortage caused by those sanctions.  Do not forget that Iran has been living under harsher sanctions for years.

Would you like to live in Iran?  In conditions of total restrictions and international sanctions?  In a country where there is no place for human rights, and the entire social life of people is under the control of religious fundamentalists? 

Yes, Iranians live in such a society.  And they live a very long time...

But Iran is the former Persian Empire.  Of course, one should not judge the country by Hollywood films, nevertheless, the film 300 Spartans shows a very vivid image of the Persian Empire.  This is a country where a single human life is of no value. 

What is happening in modern Russia is absolute madness. 

However, Russia is very much a European country, with European demographics and European consumption.  Modern Russians are not collectivists, but individualists. 

The crazier everything that is happening now.

.
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February 10, 2023, 06:51:52 PM
 #42

I would even go so far as to say that Bitcoin's market cap and trading volume as of today are also indicators that the network is used to cover certain needs like circumventing sanctions. The more political measures like sanctions are imposed, the more attractive will the Bitcoin network become. Authoritarian governments (and others as well of course) will learn the hard way that the ultimate way to transact safely and reliably around the globe in a world of sanctions can only be via a decentralized network like Bitcoin.

The trading volume we currently have is politically relevant. It was in 2017 when we first crossed the billion USD mark. While mostly authoritarian regimes considered banning Bitcoin also back at the time, it wasn't relevant to them anyway as they thought it is not enough volume and liquidity to ever complete huge cross boarder deals anyway. Now it is totally realistic to close a billion dollar deal and agree to transact in Bitcoin. So even these political issues around the world will eventually increase the need for the very network that many of those regimes have or had been trying to ban.
I do not think that we can say that based on just the market cap and trading volume, we have no data to back up if it is used to go around the sanctions, I am sure it does, but at what level? We do not know, maybe a few million dollars, maybe a billion, who knows?

I think it is clear that it is seen as a saviour to some people, specially during early days when Russians wanted to get their money out before it got held by courts, but as of right now? Not that many, because the ones who wanted to take it out, probably already did. I think it is important to focus on how sanctions were put there for a political reason, and without that reason going away (war ending) it is going to keep making Russia poorer.

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February 10, 2023, 08:54:21 PM
 #43

I do not understand why people are mad at western nations for not wanting to trade with Russia? I mean I get that you think it is unfair, but the reality is that if one nation doesn't want to trade with another, how do you think it is fair to force them into trading with each other?

Let's assume USA for a second, if USA doesn't want to trade with Russia, telling USA that they HAVE TO trade, is that fair? Every nation should make their own decisions and their own laws and if they do not want to, then it's their own business. In this situation, Russia needs to either accept that what they do will get them sanctions and continue (which is what they are doing) or just change and try to avoid that.

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February 10, 2023, 10:10:42 PM
 #44

With gas prices being lower than last year during this period, but with Russia selling just 1/3 of it now, with Urals trading full 33$ down from a year ago to 52$ but with Russia so desperate to sell that it does so even at $38 per barrel, it's obvious what the budget income will look like this year. On top of that add the hundred do thousands of job losses once companies pulled out, a figure that will start to bite around now since a lot of them were generous enough to make a 6 to 12-month payment before firing people, and the hundreds of thousands dead and mutilated in Ukraine and the hundreds of thousands that fled Russia with full pockets, and those were the guys that earned a lot, a real brain drain that will leave its mark for decades.

But of course, there will be some that will say Russia is stronk, Russia has resources, Russia this and that but Russia is a shadow of the URSS that had all of those and much more, but still ended in the garbage bin of history! You can't wage an economic war when you're dirt poor and your ally is the one that should tell you a few things about the sanctions that turned the wannabe global power into an economy the size of Denmark but with 50% inflation and unable to feed its population, although it also turned out they are pretty good at killing and hanging their own citizens.

The bottom line is that when economics are involved, nationalism and pride are useless, you can lie to yourself whatever you want but this won't change a thing, you can dream of anything you want but this won't do any good either once you wake up, so the right choice is doing something about. And the first step for a population to not fall into this is by not having a dictator in charge, not being a slave terrified of going against the ones that should fear your vote, and stop blaming everyone else for the things you could have avoided. Not all resources on earth and all of humankind's glorious history will be able to offset the disaster a moron can unleash!

It's quite comical to see how badly Putin has blown the end of his appalling reign. Up until he decided to push the full blown invasion of Ukraine in 2022 he looked somewhat like an evil genius - running successful online manipulation campaigns, poisoning people who were against him with impunity and using oil & gas to blackmail European governments to let him get away with things. However he has thrown every single advantage away and murdered hundreds of thousands of people for no benefit to Russia, in fact it has made Russian extremely weak and shown their army to be an absolute farce - even if they turned things around now they have thrown away so much equipment and shown their tactics are so pathetically weak it would never be worth the shame he has brought to his country.

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February 11, 2023, 01:41:04 AM
 #45

so a year of sanctions on russia. and they have a deficit of 2.6%

yet UK/america are saying that UK/america are in a recession of far more than 2.6%

the UK/america is seeing many businesses cutting back on staff
the remaining staff going in strike. the national governments claiming us/uk need to cut back on public spending.

soo who's better off?

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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February 12, 2023, 08:50:52 AM
 #46

so a year of sanctions on russia. and they have a deficit of 2.6%
yet UK/america are saying that UK/america are in a recession of far more than 2.6%
the UK/america is seeing many businesses cutting back on staff
the remaining staff going in strike. the national governments claiming us/uk need to cut back on public spending.
soo who's better off?

If you really believe in a 2.6% fall in the economy in Russia, I must disappoint you - you are easily deceived Smiley

Now I will explain what the problem is. I will tell you about the state budget of Russia. And it will become clear to you what actually happened in Russia, and not according to propaganda and distorted statistics... So, these are the data for the BEGINNING of 2023:

- Oil and gas revenues in January 2023 collapsed by almost 2 times compared to January 2022: from 795 to 426 billion rubles!
Non-oil and gas companies fell by 28.1%: from 1.29 trillion to 931 billion!
Spending soared by 58% - up to 3.1 trillion!
The budget deficit for January exceeded 1.76 trillion rubles! This is 60% of the budget deficit plan for the whole of 2023
- The Ministry of Finance of the Russian Federation for the first time had to sell 3.6 tons of gold from the National Treasure Fund and 2.3 billion Chinese yuan to cover the budget deficit. This is the largest deficit since the default in 1998.
- Revenues of the Russian budget from exports collapsed by almost 4 times. Customs reported a 73% drop in export fees.

And you still believe in just a 2.6% fall in the economy? Smiley

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March 03, 2023, 05:09:04 PM
 #47

In my opinion, the situation with transnational payments has the following features.... 

Russia's problem is not that the ruble is not a convertible currency.  The Soviet ruble was also not a convertible currency. 

Russia's problem is that international sanctions have been imposed on it, including a ban on the use of the international financial system.  And without the possibility of using this system, it is very difficult to make all cross-border payments.  This applies to both exports and imports of goods. 

The Russian government does not need to convert bitcoins into rubles and vice versa. 

It is important for the Russian government that critical goods for Russia are imported.  And for this it is necessary to export raw materials (for example, hydrocarbons).  It is impossible to transfer rubles abroad and back (foreign banks block such transactions).  Russia is disconnected from the SWIFT payment system. 

And payments with bitcoin cannot be blocked, since bitcoin is not subject to censorship.
Due to the severe sanctions imposed a year ago, which continue to intensify to the present day, the last international bank Raiffeisenbank leaves Russia, it refuses to open new foreign currency accounts for clients, and also blocks other Russians from accessing the euro, their correspondent accounts are closed. These actions of the bank hit the Russian Federation, since it is he who makes 40-50% of all cross-border payments of the local business.
So international sanctions continue their destructive work for the Russian economy.

Raiffeisenbank began to abandon the Russian Federation after the US Treasury expressed claims to the bank. The point is not only in the actions of the bank in Russia, but also in Syria and the occupied territories of Ukraine. The noose around the Russian economy is getting tighter and tighter.

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March 03, 2023, 05:53:47 PM
 #48

And the deficit is going full steam, numbers from February are in:
Russia’s Oil Revenues Plunged By 48% In February

Quote
Budget income from oil and gas sales reached 521.2 billion roubles last month, compared to 425.5 billion in January and 971.7 billion roubles in February 2022.

So last year they made 970 billion in February alone last year while this year they've made 940 billion in two months.
And, last year they still had a deficit of 2% even without committing fully to the war, having sky-high oil and gas prices and coming from a period of economic growth of 5% in 2021.
And it doesn't stop here:
Quote
Russia's Ministry of Finance said in a separate statement that it sold 3.6 tonnes of gold and 2.3 billion Chinese yuan from the Russian National Wealth Fund (NWF) in January. The sale of both assets added up to 38.5 billion roubles (USD $543 million).

They are actually selling both gold and yuan to prop their currency as capital outflow still bites, even with a blocked fx market and ist's still creeping up, from a low point of 54R per $ when gas prices hit their minimum levels to 75R per $ now.

But yeah, everything is fine! I've heard that in 89 and 98 also! Grin


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March 03, 2023, 06:28:27 PM
 #49

Wars have many negative effects. Undoubtedly, Russia is currently experiencing one of them. All I can say is this: I hope this data ends the war. Well, will these data end the war? Unfortunately I don't think so... The human tragedy in Ukraine is happening for a reason greater than a few dollars. Bringing the sides together and starting to talk about all possibilities to end the war should be our first priority. I know it's hard, but if we can do that, I think we're going to do something better than talking about all these economic parameters.

Darbeciler emperyalistlerin işbirlikçileridir...
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March 04, 2023, 02:55:51 PM
 #50

Wars have many negative effects. Undoubtedly, Russia is currently experiencing one of them. All I can say is this: I hope this data ends the war. Well, will these data end the war? Unfortunately I don't think so... The human tragedy in Ukraine is happening for a reason greater than a few dollars. Bringing the sides together and starting to talk about all possibilities to end the war should be our first priority. I know it's hard, but if we can do that, I think we're going to do something better than talking about all these economic parameters.
Peace agreements in Russia's war against Ukraine are impossible at this stage. Now Putin is leaning towards a plan of peace talks so that in exchange for parts of the Kherson and Zaporozhye regions occupied in Ukraine, he will retain the Ukrainian peninsula of Crimea, which has been occupied since 2014. But in Ukraine they clearly said that they did not intend to trade their territory. The only condition for the start of peace negotiations is the complete withdrawal of the Russian occupying forces from the entire territory of Ukraine, including the Donbass and Crimea.

Ukraine reminds all adherents of peace talks with Putin that he understands only the language of force and perceives any negotiations as a sign of weakness in order to impose his onerous conditions. If Ukraine seeks now to solve the problems of this brutal war through peaceful negotiations, this will only be a delay for a new Russian invasion after it has gathered its strength and eventually Ukraine will cease to exist as an independent state.

Ukraine, with the support of other states, is capable of inflicting a military defeat on Russia, and only after that can a lasting peace be established, when conditions are created to guarantee that Russia will not attack in the future.

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March 04, 2023, 11:59:12 PM
Last edit: March 05, 2023, 12:14:16 AM by Theones
 #51


The bottom line is that when economics are involved, nationalism and pride are useless, you can lie to yourself whatever you want but this won't change a thing, you can dream of anything you want but this won't do any good either once you wake up, so the right choice is doing something about. And the first step for a population to not fall into this is by not having a dictator in charge, not being a slave terrified of going against the ones that should fear your vote, and stop blaming everyone else for the things you could have avoided. Not all resources on earth and all of humankind's glorious history will be able to offset the disaster a moron can unleash!
sanctions are not going to work! that is for sure At some point both the countries have to sit together to find a way out
War wont work - sanctions won't work.

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March 05, 2023, 09:40:10 AM
 #52

In my opinion, the situation with transnational payments has the following features.... 

Russia's problem is not that the ruble is not a convertible currency.  The Soviet ruble was also not a convertible currency. 

Russia's problem is that international sanctions have been imposed on it, including a ban on the use of the international financial system.  And without the possibility of using this system, it is very difficult to make all cross-border payments.  This applies to both exports and imports of goods. 

The Russian government does not need to convert bitcoins into rubles and vice versa. 

It is important for the Russian government that critical goods for Russia are imported.  And for this it is necessary to export raw materials (for example, hydrocarbons).  It is impossible to transfer rubles abroad and back (foreign banks block such transactions).  Russia is disconnected from the SWIFT payment system. 

And payments with bitcoin cannot be blocked, since bitcoin is not subject to censorship.
Due to the severe sanctions imposed a year ago, which continue to intensify to the present day, the last international bank Raiffeisenbank leaves Russia, it refuses to open new foreign currency accounts for clients, and also blocks other Russians from accessing the euro, their correspondent accounts are closed. These actions of the bank hit the Russian Federation, since it is he who makes 40-50% of all cross-border payments of the local business.
So international sanctions continue their destructive work for the Russian economy.

Raiffeisenbank began to abandon the Russian Federation after the US Treasury expressed claims to the bank. The point is not only in the actions of the bank in Russia, but also in Syria and the occupied territories of Ukraine. The noose around the Russian economy is getting tighter and tighter.

I did not know that the commercial bank Raiffeisen Bank refuses to work with individuals - residents of Russia.  For Russians, this is really very sad news. 

I know this bank very well, I know where the branches of this bank are located and where its ATMs are installed. 

Raiffeisen Bank is one of the few commercial banks that has not disconnected from the Swift international system of cross-border transfers. 

This allowed Russians to use the bank for cross-border payments (for example, payments for foreign goods).  Of course, the departure of Raiffeisen Bank from Russia is another step towards the international isolation of Russia and Russians from the outside world.

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March 05, 2023, 11:22:01 AM
 #53

sanctions are not going to work! that is for sure At some point both the countries have to sit together to find a way out
War wont work - sanctions won't work.

The mistake is that you perceive today's war in Ukraine as a "domestic conflict between the two sides." No . In fact, everything is much more complicated and worse. Russia is not fighting against Ukraine. Russia is fighting against the rule of law, freedoms, democracy, development, normal relations...
Russia is the world center of terrorism, mixed with Nazism. Russia in its entire existence has not brought peace or development to anyone, only destruction, death, destruction of cultures and languages. Russia acts like a leech that sticks to the victim and draws all the blood out of it in order to exist! I have written more than once - the most understandable example for everyone who does not know what Russia is - it is a cancerous tumor of the world. And all their "enclaves" - the PMR. Abkhazia, the DPR, the LPR - are metastases. And you can’t negotiate with cancer, you can’t treat it with spells. The fight against such an ailment is very difficult, and this fight has one option - to destroy all cancer cells and metastases, having cleansed the body completely of them.

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March 05, 2023, 01:01:48 PM
 #54

Quadrillions from energy exports are only happening thanks to their discounted prices of oil but this can't be sustained  in the long term as these resources making financial gain will be depleted in no time and real pressure will mount to political pressure,but with the likes of Putting at the helm of everything its really scary to think about it because the man looks like a life president something we have seen in Zimbabwe and sanctions didn't deter people like the late Robert Mugabe now imagine Putting with all the resources to his disposal the ball is in its citizens hands tbh...the outside world Will bring out what it can but it's people need to do the rest.

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March 06, 2023, 05:50:52 AM
 #55

sanctions are not going to work! that is for sure

If sanctions wound;t work then you wound;t have all those countries under sanctions begging every single week to have them lifted!
You won't have Russia demanding and threatening with reciprocal actions, and you wouldn't have Iran begging on all for with inflation at 50 to have them lifted, it just takes time, but once they are in place that country is done forever. Just because there are people still living in Cuba and North Korea doesn't mean the sanctions haven't worked. Will talk in 2-3 years and talk about Russia's income is on par with sub-Saharan Africa.

sanctions didn't deter people like the late Robert Mugabe

Oh, when was the last time Zimbabwe invaded Europe?  Grin




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March 06, 2023, 08:56:08 AM
 #56

Quadrillions from energy exports are only happening thanks to their discounted prices of oil but this can't be sustained in the long term as these resources making financial gain will be depleted in no time and real pressure will mount to political pressure,but with the likes of Putting at the helm of everything its really scary to think about it because the man looks like a life president something we have seen in Zimbabwe and sanctions didn't deter people like the late Robert Mugabe now imagine Putting with all the resources to his disposal the ball is in its citizens hands tbh...the outside world Will bring out what it can but it's people need to do the rest.


That is why most countries are investing huge amounts of money in the development of alternative "eternal" energy sources. Moreover, the largest investors in new technologies are the leading countries producing oil and gas - the United Arab Emirates, the USA, Canada...
Every year the extraction of fossil resources (oil and gas) will become more and more expensive. There are many reasons - limited easily accessible deposits increase the cost of developing new fields - they are deeper, more difficult to extract ...

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March 12, 2023, 02:09:04 PM
 #57


sanctions are not going to work! that is for sure At some point both the countries have to sit together to find a way out
War wont work - sanctions won't work.
The sanctions imposed against Russia are working and continue to gain momentum, regardless of the fact that someone tries to ignore them or downplay their effect. According to experts, in 2023 the annual budget deficit of the Russian Federation will increase by 3-4 times compared to last year. In addition, the National Wealth Fund may be exhausted before the end of 2023.
Already in February 2023, the federal budget deficit of Russia amounted to 820 billion rubles, and in the first two months of the year the total amount was 2.6 trillion rubles, or 88% of the planned deficit for the entire year.

At the same time, for the whole of 2023, the Russian Federation was supposed to go into minus 2.9 trillion rubles. (38.3 billion dollars), but only in January and February of the coming 2023, the "hole" amounted to 2.58 trillion rubles. (34 billion dollars).

Russia's expenses for the war in Ukraine are simply colossal. Since Putin was preparing to occupy Ukraine in just a few days, and the war he unleashed is now in its second year, they were clearly not ready for such a turn of events. Just one massive missile attack on civilian cities in Ukraine with the aim of simply intimidating the population of Ukraine, since it makes no sense from a military point of view, costs Russia from 400 to 700 million dollars. At the same time, in Russia itself, the bulk of the population lives near the poverty line.

It is quite logical that for the first time in many months in Russia, according to Rosstat, debts arose on the salaries of state employees. The growth was 1400%. However, Putin and his propagandists, albeit already in a low voice, insist that everything is going according to plan. Putin already hopes only for a miracle and for his own, now past luck.

https://my.ua/news/cluster/2023-03-10-biudzhetnyi-krizis-nastig-rossiiu-defitsit-prodolzhaetsia-vtoroi-mesiats-biudzhetnikam-zaderzhivaiut-zarplaty
https://borgexpert.com/ru/news/kse-institute-defytsyt-federalnoho-biudzheta-rf-vyrastet-v-3-4-raza-v-2023-hodu

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March 12, 2023, 11:11:47 PM
 #58


sanctions are not going to work! that is for sure At some point both the countries have to sit together to find a way out
War wont work - sanctions won't work.
The sanctions imposed against Russia are working and continue to gain momentum, regardless of the fact that someone tries to ignore them or downplay their effect. According to experts, in 2023 the annual budget deficit of the Russian Federation will increase by 3-4 times compared to last year. In addition, the National Wealth Fund may be exhausted before the end of 2023.
Already in February 2023, the federal budget deficit of Russia amounted to 820 billion rubles, and in the first two months of the year the total amount was 2.6 trillion rubles, or 88% of the planned deficit for the entire year.

At the same time, for the whole of 2023, the Russian Federation was supposed to go into minus 2.9 trillion rubles. (38.3 billion dollars), but only in January and February of the coming 2023, the "hole" amounted to 2.58 trillion rubles. (34 billion dollars).

Russia's expenses for the war in Ukraine are simply colossal. Since Putin was preparing to occupy Ukraine in just a few days, and the war he unleashed is now in its second year, they were clearly not ready for such a turn of events. Just one massive missile attack on civilian cities in Ukraine with the aim of simply intimidating the population of Ukraine, since it makes no sense from a military point of view, costs Russia from 400 to 700 million dollars. At the same time, in Russia itself, the bulk of the population lives near the poverty line.

It is quite logical that for the first time in many months in Russia, according to Rosstat, debts arose on the salaries of state employees. The growth was 1400%. However, Putin and his propagandists, albeit already in a low voice, insist that everything is going according to plan. Putin already hopes only for a miracle and for his own, now past luck.

https://my.ua/news/cluster/2023-03-10-biudzhetnyi-krizis-nastig-rossiiu-defitsit-prodolzhaetsia-vtoroi-mesiats-biudzhetnikam-zaderzhivaiut-zarplaty
https://borgexpert.com/ru/news/kse-institute-defytsyt-federalnoho-biudzheta-rf-vyrastet-v-3-4-raza-v-2023-hodu
Last year when Russia attacked Ukraine there were rumors that Russian economy will collapse.
But nothing has happened and Russia continue to grow with a more bigger plan. Russia has always been brutal and they will keep doing that in future and keep surviving because they have the strongest army.

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March 14, 2023, 08:41:14 AM
 #59


Last year when Russia attacked Ukraine there were rumors that Russian economy will collapse.
But nothing has happened and Russia continue to grow with a more bigger plan. Russia has always been brutal and they will keep doing that in future and keep surviving because they have the strongest army.

During the year of the war in Ukraine, Russia lost almost all of its regular army and most of its weapons.

According to the Armed Forces of Ukraine, to date, Russia has lost 160,540 of its servicemen killed, 3,484 tanks, 6,789 armored vehicles, 2,519 artillery systems, 304 aircraft, 289 helicopters, 495 MLRS, 260 air defense systems, 5,367 various vehicles, as  other weapons. Since September, due to heavy losses, from 300 to 500 thousand people have been mobilized in Russia. The Armed Forces of Ukraine repel more than a hundred Russian attacks a day, but the front is almost motionless. The increase in the number of unprepared mobilized only increased the number of Russian losses, which often amount to more than a thousand invaders per day. In Russia, there is an acute shortage of middle command personnel and even small arms.

There was a photo of the dead Russians, who have recently been sent on the attack with ordinary wooden sticks. This is what a strong "second army of the world" is.

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March 14, 2023, 10:43:51 AM
 #60

sanctions are not going to work! that is for sure At some point both the countries have to sit together to find a way out
War wont work - sanctions won't work.
If sanctions don't work, then congrats to Putin. It's double win for him if sanctions really don't work because it will make Russia stronger and Europe weaker and who knows, maybe Russian soldiers conquer Germany again.
But reality is that Russian trolls and bots are hired to say that sanctions don't work, sanctions only harm Europe, Russians are doing better, etc in order to manipulate people. Their aim is to cause protests inside European countries and by doing so, push European people to make protests against Russian sanctions and demand their cancelation.

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March 14, 2023, 12:38:03 PM
 #61

For many years, Vladimir Putin has been presented as the strong, intelligent and charismatic man who will rebuild Russia's glories.
But what he did was unexpected, since before February 2022 Russia was ranking its army as the second most powerful army in the world. That same army has been unable for months to control a small city like Bakhmut, and it drains hundreds of its soldiers every day despite Wagner's help. All this in a confrontation against the Ukrainian army, which is incomparable with the Russian army, not even with Wagner's forces, which have long experience in the military and war field.
The city of Bakhmut is never of such strategic importance. Therefore, every day that passes further lowers the morale of the Russian army. This is in addition to the fact that the Ukrainian forces behind Bakhmut are much stronger than expected, waiting for the entry of Western tanks to provide assistance to him after a few weeks.
It is becoming clear today that Putin may have made the biggest mistake in the history of Russia and literally discredited it.
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March 15, 2023, 05:49:32 AM
 #62

Last year when Russia attacked Ukraine there were rumors that Russian economy will collapse.
But nothing has happened and Russia continue to grow with a more bigger plan. Russia has always been brutal and they will keep doing that in future and keep surviving because they have the strongest army.

Do you seriously think that you have imposed sanctions - and tomorrow in Russia all the streets are empty, all the shops are closed, the economy is dead? Smiley No, that's not how it works. The task of sanctions, if we take our body as an example, is to limit, slowly but surely, the flow of oxygen and nutrients into the body from outside. Limit the amount of stimulants, drugs, etc. needed. So that the organism does not die, but comes to a state where it can no longer spoil everyone around!
This is exactly what is happening to the Russian economy now - factories are reducing production, most manufacturers are switching from high-quality raw materials and technologies to technologies of the last century, and low-quality raw materials, budgets are being reduced, the level of providing everyone with everything! Criminal money is being frozen in foreign banks. By the way, this is the money of Putin's entourage, which for 20 years have been driving into their heads that the Western world is evil, dollars and euros are evil, the Western way of life is evil. But they themselves keep those same dollars and euros there, buy expensive real estate, and move their relatives and friends there. But they say to the population - the West is pure evil, do not even think about going there or wanting such a standard of living as in the West! Smiley

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March 15, 2023, 08:03:09 AM
Last edit: July 19, 2023, 06:28:50 PM by slapper
 #63

Last year when Russia attacked Ukraine there were rumors that Russian economy will collapse.
But nothing has happened and Russia continue to grow with a more bigger plan. Russia has always been brutal and they will keep doing that in future and keep surviving because they have the strongest army.

Do you seriously think that you have imposed sanctions - and tomorrow in Russia all the streets are empty, all the shops are closed, the economy is dead? Smiley No, that's not how it works. The task of sanctions, if we take our body as an example, is to limit, slowly but surely, the flow of oxygen and nutrients into the body from outside. Limit the amount of stimulants, drugs, etc. needed. So that the organism does not die, but comes to a state where it can no longer spoil everyone around!
This is exactly what is happening to the Russian economy now - factories are reducing production, most manufacturers are switching from high-quality raw materials and technologies to technologies of the last century, and low-quality raw materials, budgets are being reduced, the level of providing everyone with everything! Criminal money is being frozen in foreign banks. By the way, this is the money of Putin's entourage, which for 20 years have been driving into their heads that the Western world is evil, dollars and euros are evil, the Western way of life is evil. But they themselves keep those same dollars and euros there, buy expensive real estate, and move their relatives and friends there. But they say to the population - the West is pure evil, do not even think about going there or wanting such a standard of living as in the West! Smiley
You're really going deep when you use a metaphor to compare the Russian economy to the way the body works. It's like trying to figure out how society works, where each person is a small part of a bigger process. The sanctions are like a disease that is affecting the economy's most important parts, causing them to stop working and make it hard for people to live. Or maybe it's more like a crippling hangover: we know we shouldn't have done it, but we did it anyway, and now we're paying for it.

Let's not forget, though, that we're talking about real people here-living, breathing people who are going through a lot. In the middle of all the political maneuvering, it's important to remember that people are involved. We need to find a way to balance the need to hold the government accountable for its acts with the need to help the people who are suffering the most

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March 15, 2023, 08:29:41 AM
 #64

I abhor economic sanctions (as well as wars, blockades and other misanthropic acts).  

Some banker Pugachev, who really had a great influence on Russian politics, left for France on time and now he is a respectable European citizen who is not threatened by any sanctions and persecution.  And some poor grandmother will die from the fact that she will not have the opportunity to buy the right medicine.  

Economic sanctions do not actually solve the problems, they only exacerbate the situation.  Any sanctions are a destabilization of the world economy, as a result of which individual countries receive excess unplanned profits.  

This is exactly what happened in Russia, by the way, when the price of hydrocarbons went up sharply due to the fact that the United States imposed an embargo on the sale of oil regarding Iran.

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March 15, 2023, 11:21:39 AM
 #65

I abhor economic sanctions (as well as wars, blockades and other misanthropic acts).  

Some banker Pugachev, who really had a great influence on Russian politics, left for France on time and now he is a respectable European citizen who is not threatened by any sanctions and persecution.  And some poor grandmother will die from the fact that she will not have the opportunity to buy the right medicine.  

Economic sanctions do not actually solve the problems, they only exacerbate the situation.  Any sanctions are a destabilization of the world economy, as a result of which individual countries receive excess unplanned profits.  

This is exactly what happened in Russia, by the way, when the price of hydrocarbons went up sharply due to the fact that the United States imposed an embargo on the sale of oil regarding Iran.
It is not the sanctions that are imposed on the aggressor who attacked his peaceful neighbors that should be indignant, but the gangster actions of this aggressor, that is, the current Putin's Russia.

International sanctions are introduced not to restrict the aggressor's international trade, but to prevent him from continuing the war for a long time, manufacturing military equipment and ammunition in the same volumes, and also to finance his military operations. Some time ago, the Russian occupiers fired 50-60 thousand shells a day at the settlements of Ukraine, at the same grandmas, women and children. Now they can fire 7-10 thousand shells per day on the territory of Ukraine. Also, Russia can no longer produce tanks, missiles and other weapons in the same volumes. Therefore, sanctions are necessary.

Of course, ideally, we should have an international contingent of rapid response to manifestations of such aggression in order to directly inflict a military defeat on the aggressor within a few days. Then sanctions will not be needed, and such Putins will think several times before deciding to attack their weak neighbors. But the world did not react to the seizure by Russia in 2014 of part of the territory of Ukraine. Therefore, Putin went further, and now the sons and grandchildren of a Russian grandmother who cannot buy medicine for herself are killing the same grandmothers and everyone else indiscriminately on the territory of Ukraine. Of course, the Russian grandmother will not have enough for medicines if Russia launches expensive precision-guided missiles worth $700 million in one day at the peaceful cities of Ukraine.

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March 15, 2023, 09:14:00 PM
 #66

Another selection of FACTS that "sanctions are only for the benefit of Russia" Smiley

- Putin is sure that "only 12 million people live beyond the Urals." He already made a similar statement in September 2022.
In reality, about 40 million people live in the Urals, Siberian and Far Eastern federal districts, excluding the Urals - more than 25 million.
It seems that he means the Chinese, who are assimilating their historical territories Smiley

- The Russian government has not found the money to electrify the railway to China, to import/export products between Russia and China.
The expansion of the BAM and the Trans-Siberian Railway to increase exports to China ran into a problem: about 200 billion rubles are not enough for the electrification of the railway, Vedomosti writes with reference to a representative of Rosseti.

According to him, the investment program of the federal grid company does not allow the start of electrification of the BAM and the Trans-Siberian Railway (Eastern polygon). “The Rosseti Group is asking for funding sources for the investment program, taking into account the need to fulfill national tasks,” he said.

https://www.moscowtimes.ru/2023/03/15/pravitelstvo-ne-nashlo-deneg-na-elektrifikatsiyu-zheleznoi-dorogi-v-kitai-a36748

- Speaking of BRICS Smiley
They offered to pay for Russian oil in Zimbabwean dollars.
The Zimbabwean authorities are ready to buy barrels in the Russian Federation, provided that the payment is in national currencies.
The Zimbabwean authorities are interested in direct purchases of Russian oil and would like to pay in national currencies, Christopher Mutswangwa, spokesman for the country's ruling party ZANU-PF, said in an interview with RIA Novosti.

According to him, in addition to energy resources, Zimbabwe would like to purchase fertilizers and agricultural machinery from Russia. “We need at least 50,000 tractors so that we can develop agriculture,” Mutswangwa said.

But they will pay in Zimbabwean currency. By no means in the dollar or the ruble Smiley))

https://www.moscowtimes.ru/2023/03/15/za-rossiiskuyu-neft-predlozhili-platit-zimbabviiskimi-dollarami-a36870


I can list the daily "victories of Russia" for a long time, but I can't laugh anymore Smiley

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March 16, 2023, 08:39:39 AM
 #67

I abhor economic sanctions (as well as wars, blockades and other misanthropic acts).  

Some banker Pugachev, who really had a great influence on Russian politics, left for France on time and now he is a respectable European citizen who is not threatened by any sanctions and persecution.  And some poor grandmother will die from the fact that she will not have the opportunity to buy the right medicine.  

Economic sanctions do not actually solve the problems, they only exacerbate the situation.  Any sanctions are a destabilization of the world economy, as a result of which individual countries receive excess unplanned profits.  

This is exactly what happened in Russia, by the way, when the price of hydrocarbons went up sharply due to the fact that the United States imposed an embargo on the sale of oil regarding Iran.
It is not the sanctions that are imposed on the aggressor who attacked his peaceful neighbors that should be indignant, but the gangster actions of this aggressor, that is, the current Putin's Russia.

International sanctions are introduced not to restrict the aggressor's international trade, but to prevent him from continuing the war for a long time, manufacturing military equipment and ammunition in the same volumes, and also to finance his military operations. Some time ago, the Russian occupiers fired 50-60 thousand shells a day at the settlements of Ukraine, at the same grandmas, women and children. Now they can fire 7-10 thousand shells per day on the territory of Ukraine. Also, Russia can no longer produce tanks, missiles and other weapons in the same volumes. Therefore, sanctions are necessary.

Of course, ideally, we should have an international contingent of rapid response to manifestations of such aggression in order to directly inflict a military defeat on the aggressor within a few days. Then sanctions will not be needed, and such Putins will think several times before deciding to attack their weak neighbors. But the world did not react to the seizure by Russia in 2014 of part of the territory of Ukraine. Therefore, Putin went further, and now the sons and grandchildren of a Russian grandmother who cannot buy medicine for herself are killing the same grandmothers and everyone else indiscriminately on the territory of Ukraine. Of course, the Russian grandmother will not have enough for medicines if Russia launches expensive precision-guided missiles worth $700 million in one day at the peaceful cities of Ukraine.

I now live more in an imaginary future - in 2084, because, frankly, I can no longer live in the real world with its endless horrors, stupidity and hopelessness. 

My ideals are the ideals of humanism, pacifism, technological development, culture, love, happiness, physical development and beauty.  This is what I love. 

Therefore, I supplement the real world with my fantasies about how it should be, so that people would be comfortable and interesting to live in it.  My choice is augmented reality.  Something good can come from a dream. 

I do not believe that economic sanctions will solve existing problems and make the world a better place.  In my opinion, they will only prolong the war indefinitely. 

The rulers of some third countries will profit from this situation and become proud.  They will think that they have made super profits because they are super people with super powers.  And their picture of the world will be so distorted that they will become interested in geopolitical adventures... Thus, the circle will close again (which, on the contrary, must be broken). 

People, in my opinion, need a positive future in order to live and become better. 

.
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March 17, 2023, 09:51:52 AM
 #68



I now live more in an imaginary future - in 2084, because, frankly, I can no longer live in the real world with its endless horrors, stupidity and hopelessness. 

My ideals are the ideals of humanism, pacifism, technological development, culture, love, happiness, physical development and beauty.  This is what I love. 

Therefore, I supplement the real world with my fantasies about how it should be, so that people would be comfortable and interesting to live in it.  My choice is augmented reality.  Something good can come from a dream. 

I do not believe that economic sanctions will solve existing problems and make the world a better place.  In my opinion, they will only prolong the war indefinitely. 

The rulers of some third countries will profit from this situation and become proud.  They will think that they have made super profits because they are super people with super powers.  And their picture of the world will be so distorted that they will become interested in geopolitical adventures... Thus, the circle will close again (which, on the contrary, must be broken). 

People, in my opinion, need a positive future in order to live and become better. 
These are all just wishes and beautiful words about the illusory and unreal world. But the desires for goodness, peace and justice do not at all work against the bullets and shells of the Russian invaders, with which they attack Ukraine every day. Therefore, the Ukrainians have no other choice but to defend themselves with weapons in their hands. It is possible to dream of an ideal world, but only when you are not being killed right now in the real world.

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March 17, 2023, 03:35:38 PM
 #69

2 lines that will bring the world closer to the new Nuremberg!

The International Criminal Court in The Hague has issued an arrest warrant for Russian President Vladimir Putin. It is reported by BBC News.

Also, a warrant was issued for the arrest of Maria Lvova-Belova, Commissioner for Children's Rights of the Russian Federation.


https://www.moscowtimes.ru/2023/03/17/mezhdunarodnii-sud-v-gaage-vidal-order-na-arest-vladimira-putina-a37278

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March 19, 2023, 11:10:54 PM
 #70

2 lines that will bring the world closer to the new Nuremberg!

The International Criminal Court in The Hague has issued an arrest warrant for Russian President Vladimir Putin. It is reported by BBC News.

Also, a warrant was issued for the arrest of Maria Lvova-Belova, Commissioner for Children's Rights of the Russian Federation.


https://www.moscowtimes.ru/2023/03/17/mezhdunarodnii-sud-v-gaage-vidal-order-na-arest-vladimira-putina-a37278
Yes I have heard  that in news  too. Will they be able to arrest him?
This is the nail in the coffin - they would have Putin arrested and will have a ruler of their choice? 
The world peace would never prevail amid cruelty - there is dire need for negotiation and stopping the war at the same time

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March 20, 2023, 03:52:29 PM
 #71

Sanctions can work, if country is small and weak. For large countries, like Russia etc., they do not work. Russia have everything - first of all, natural resources - oil, gas and wood, a lot of various manufacturing and ~147 millions of people. Russia GDP ( gross domestic product ) - ~4.6$ trillion - is 6th largest in the world. France, for example, have ~68 millions of people and GDP - ~3.6$ trillion.
Sources:
https://en.wikipedia.org/wiki/Russia
https://en.wikipedia.org/wiki/France
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March 21, 2023, 08:38:30 AM
 #72

Sanctions can work, if country is small and weak. For large countries, like Russia etc., they do not work. Russia have everything - first of all, natural resources - oil, gas and wood, a lot of various manufacturing and ~147 millions of people. Russia GDP ( gross domestic product ) - ~4.6$ trillion - is 6th largest in the world. France, for example, have ~68 millions of people and GDP - ~3.6$ trillion.

PPP is one of the most misleading indicators ever.
Since we're on Bitcointalk and we talk BTC let's have the numbers like that:

Russia's GDP can buy you 77,563,000 BTC
France's GDP can buy you 109,563,000 BTC

Put that in per capita and you get:
France 1.62 BTC
Russia 0.53BTC

Now you udnerstand the differnce? And that with all the oil, gas, minerals, land, and everything!

I now live more in an imaginary future - in 2084, because, frankly, I can no longer live in the real world with its endless horrors, stupidity and hopelessness. 

Stop taking so much information from all the clickbait news titles and sensationalist tabloids, the world is in a far better position even right now with this inflation than it was in a lot of periods in the last century. There is so much panic about inflation of 10% in Europe, common, I've seen it at over 50% for years and surprisingly we're still here, there have been numerous wars far worse than even what's happening in Ukraine and we' re still here, even this banking crisis is currently peanuts compare to others.

And besides that, your utopia will never happen, not in 2084 not in 2848, people have dreamed of it for millennia only to never reach it and they will not make it happen in less than half a century.

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March 21, 2023, 09:08:31 AM
 #73

Sanctions can work, if country is small and weak. For large countries, like Russia etc., they do not work. Russia have everything - first of all, natural resources - oil, gas and wood, a lot of various manufacturing and ~147 millions of people. Russia GDP ( gross domestic product ) - ~4.6$ trillion - is 6th largest in the world. France, for example, have ~68 millions of people and GDP - ~3.6$ trillion.

PPP is one of the most misleading indicators ever.
Since we're on Bitcointalk and we talk BTC let's have the numbers like that:

Russia's GDP can buy you 77,563,000 BTC
France's GDP can buy you 109,563,000 BTC

Put that in per capita and you get:
France 1.62 BTC
Russia 0.53BTC

Now you udnerstand the differnce? And that with all the oil, gas, minerals, land, and everything!

I now live more in an imaginary future - in 2084, because, frankly, I can no longer live in the real world with its endless horrors, stupidity and hopelessness. 

Stop taking so much information from all the clickbait news titles and sensationalist tabloids, the world is in a far better position even right now with this inflation than it was in a lot of periods in the last century. There is so much panic about inflation of 10% in Europe, common, I've seen it at over 50% for years and surprisingly we're still here, there have been numerous wars far worse than even what's happening in Ukraine and we' re still here, even this banking crisis is currently peanuts compare to others.

And besides that, your utopia will never happen, not in 2084 not in 2848, people have dreamed of it for millennia only to never reach it and they will not make it happen in less than half a century.

While it's true that some countries have experienced much higher rates of inflation in the past, it's important to remember that inflation can have serious consequences for the economy and for people's everyday lives.

Why do I say that? Well, when inflation is high, the cost of goods and services can rise rapidly, which can make it difficult for people to afford basic necessities like food and housing. Additionally, inflation can erode the value of savings and investments, which can be especially harmful for people who are nearing retirement or who rely on these assets for their livelihood.

One potential solution to this issue is for governments and central banks to work together to coordinate their response to inflation and economic challenges. By collaborating and sharing expertise, policymakers can develop more effective policies and strategies for managing inflation and promoting economic stability.

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March 21, 2023, 09:40:49 AM
 #74

Sanctions can work, if country is small and weak. For large countries, like Russia etc., they do not work. Russia have everything - first of all, natural resources - oil, gas and wood, a lot of various manufacturing and ~147 millions of people. Russia GDP ( gross domestic product ) - ~4.6$ trillion - is 6th largest in the world. France, for example, have ~68 millions of people and GDP - ~3.6$ trillion.
Sources:
https://en.wikipedia.org/wiki/Russia
https://en.wikipedia.org/wiki/France

Yes, I really want to believe in a fairy tale Smiley
First of all, tell me - where did the USSR go? Smiley

Now tell me what's wrong with the sanctions, if the Kremlin has already screamed "remove the sanctions, it's not fair"? Smiley

Well, a couple of facts about non-active sanctions! To begin with, I would like to remind you that the real effect of the sanctions generally began around the summer of last year. So:
  - January 2023 - Russia's budget deficit reached $34 billion
- oil and gas revenues fell by approximately 40% (irreversible loss of the EU market)
- reputational irreversible losses: Russia is a rogue country, the president is a criminal international criminal
- the arms market is lost, after the military-industrial complex of Russia showed its reality in Ukraine and not in cartoons. Broken contracts, almost 50% reduction in purchases by former buyers.
- degradation of medicine, science, education, lowering of social standards, significant reduction of life expectancy....


It's possible to list for a long time... do you want to say that the sanctions do not work? Smiley And this is only 6 months of sanctions on the "world's largest economy" and "the second pole of the bipolar world" Smiley

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March 21, 2023, 08:43:04 PM
 #75

Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.

All of these countries were greatly affected negatively by these sanctions. You cant talk about countries that sanctions had no effects on and mention Iran and North Korea. At first sanctions on north Korea where more focused on trade ban of weapons related materials but the sanctions were later expanded to luxury goods and it got stricter when the sanctions involved banking transactions, financial assets, and general travel and trade. And at this point you have to be purposefully lying to yourself if you believe sanctions did not work on North Korea.
Russia have not been able to fully conquer Ukraine not just because of the passive involvement of the US and NATO but because they have been restricted a lot by sanctions that they cant fuel their war efforts as much as they would like to. Don't be deceived by the bold and fearless face these tyrant put up, deep down he knows his country is in a lot of trouble. My only problem with sanctions is that they don't affect these heartless rulers directly but the country as a whole, causing a lot of trouble for the ordinary citizens of that country.

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March 21, 2023, 08:53:36 PM
 #76

I don't blame him much though, I blame Russians that still allow an authoritarian to rule them for too long in this century. This is not happening in any advanced countries, and no wonder Europe has never been divided like this because of ego and an overdose of power of a villain. Only God knows the extent of the damage his actions and reactions have cost Russia, and this am afraid would linger for centuries to come.

I can't blame the Russians. As someone who has lived in a country torn apart by tyrants, I believe I have an idea of how things are on the ground in Russia. These guys control every narrative, every news channel, and every newspaper company. They get ahead of every story and spin the narrative. The few in the country who see right through the bs and can do something about it are silenced leaving the rest to be afraid or just accept their fate and hope that one day things will get better. They claim it's a democracy but whatever they practice there is in no way a democracy. It's horrible and very scary, to be honest. 

R


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March 21, 2023, 10:34:33 PM
 #77

Talking about sanctions, did sanctions stop Iran? North Korea? Venezuela? The answer is no. Did sanctions stop Putin? No. Will they? Most probably not. That's all we need to know about sanctions - they don't work.

All of these countries were greatly affected negatively by these sanctions. You cant talk about countries that sanctions had no effects on and mention Iran and North Korea. At first sanctions on north Korea where more focused on trade ban of weapons related materials but the sanctions were later expanded to luxury goods and it got stricter when the sanctions involved banking transactions, financial assets, and general travel and trade. And at this point you have to be purposefully lying to yourself if you believe sanctions did not work on North Korea.
Russia have not been able to fully conquer Ukraine not just because of the passive involvement of the US and NATO but because they have been restricted a lot by sanctions that they cant fuel their war efforts as much as they would like to. Don't be deceived by the bold and fearless face these tyrant put up, deep down he knows his country is in a lot of trouble. My only problem with sanctions is that they don't affect these heartless rulers directly but the country as a whole, causing a lot of trouble for the ordinary citizens of that country.

It depends on what you mean by "working"? Can sanctions potentially make life harder for the Russians? Most probably yes. Will sanctions stop Putin? No. Will they lead to a revolution/coup etc in Russia? No. Will they stop the war in Ukraine? Definitely no.

Yes, all countries mentioned above were affected by the sanctions to some extent but did sanctions put political pressure on the leaders? No.

Can you perhaps provide an example of a country where a ruling leader had been overthrown as a result of sanctions in the last 100 years?

Quote from: harapan
At first sanctions on north Korea where more focused on trade ban of weapons related materials

As far as I know North Korea has no issues with weapons production (including nukes): "North Korea has a military nuclear weapons program and, as of early 2020, is estimated to have an arsenal of approximately 30 to 40 nuclear weapons and sufficient production of fissile material for six to seven nuclear weapons per year. North Korea has also stockpiled a significant quantity of chemical and biological weapons. In 2003, North Korea withdrew from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT). Since 2006, the country has been conducting a series of six nuclear tests at increasing levels of expertise, prompting the imposition of sanctions."

So what effect did the sanctions cause?  Grin
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March 22, 2023, 02:33:09 PM
 #78

I don't blame him much though, I blame Russians that still allow an authoritarian to rule them for too long in this century. This is not happening in any advanced countries, and no wonder Europe has never been divided like this because of ego and an overdose of power of a villain. Only God knows the extent of the damage his actions and reactions have cost Russia, and this am afraid would linger for centuries to come.

I can't blame the Russians. As someone who has lived in a country torn apart by tyrants, I believe I have an idea of how things are on the ground in Russia. These guys control every narrative, every news channel, and every newspaper company. They get ahead of every story and spin the narrative. The few in the country who see right through the bs and can do something about it are silenced leaving the rest to be afraid or just accept their fate and hope that one day things will get better. They claim it's a democracy but whatever they practice there is in no way a democracy. It's horrible and very scary, to be honest.  

The problem is not total propaganda, which has had no analogues since Hitler's propaganda.
In Russia, there are critically few people left who DO NOT SUPPORT both politics and external aggression.
But the total majority are people who enjoy their fake "greatness". They are indescribably excited by the phrase "the whole world is afraid of us", they experience ecstasy at the sight of destroyed Ukrainian cities (read the cities of Ichkiria, Georgia, Moldova,...), they derive moral pleasure from the sadism of their "soldiers", they scream at the slogan " let's destroy Ukrainians (Georgians, Latvians, Poles,...). This is not what you wanted to say. There are countries where totalitarian regimes INTIMIDATED the population and extremely limited the reproduction of those who opposed the government (primitive intimidation with the death of both the speaker and his family, children, relatives). In Russia, the support for rashism is actually more than 90%! And this is no longer a matter of propaganda...

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March 22, 2023, 03:26:43 PM
 #79

2 lines that will bring the world closer to the new Nuremberg!

The International Criminal Court in The Hague has issued an arrest warrant for Russian President Vladimir Putin. It is reported by BBC News.

Also, a warrant was issued for the arrest of Maria Lvova-Belova, Commissioner for Children's Rights of the Russian Federation.


https://www.moscowtimes.ru/2023/03/17/mezhdunarodnii-sud-v-gaage-vidal-order-na-arest-vladimira-putina-a37278
Did you study the Nuremberg Trials in detail?
I do not want to judge, but a lot of criminals received minimal terms and spent several years in prison and then were amnestied. And why did this happen? Because the USSR, the USA and other countries did not want to reveal their crimes, but some of them became known anyway at the Nuremberg trials.

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March 22, 2023, 04:33:59 PM
 #80

I don't blame him much though, I blame Russians that still allow an authoritarian to rule them for too long in this century. This is not happening in any advanced countries, and no wonder Europe has never been divided like this because of ego and an overdose of power of a villain. Only God knows the extent of the damage his actions and reactions have cost Russia, and this am afraid would linger for centuries to come.

I can't blame the Russians. As someone who has lived in a country torn apart by tyrants, I believe I have an idea of how things are on the ground in Russia. These guys control every narrative, every news channel, and every newspaper company. They get ahead of every story and spin the narrative. The few in the country who see right through the bs and can do something about it are silenced leaving the rest to be afraid or just accept their fate and hope that one day things will get better. They claim it's a democracy but whatever they practice there is in no way a democracy. It's horrible and very scary, to be honest.  

The problem is not total propaganda, which has had no analogues since Hitler's propaganda.
In Russia, there are critically few people left who DO NOT SUPPORT both politics and external aggression.
But the total majority are people who enjoy their fake "greatness". They are indescribably excited by the phrase "the whole world is afraid of us", they experience ecstasy at the sight of destroyed Ukrainian cities (read the cities of Ichkiria, Georgia, Moldova,...), they derive moral pleasure from the sadism of their "soldiers", they scream at the slogan " let's destroy Ukrainians (Georgians, Latvians, Poles,...). This is not what you wanted to say. There are countries where totalitarian regimes INTIMIDATED the population and extremely limited the reproduction of those who opposed the government (primitive intimidation with the death of both the speaker and his family, children, relatives). In Russia, the support for rashism is actually more than 90%! And this is no longer a matter of propaganda...
I believe that Russia's propaganda problem is complex and difficult to solve. But, we shouldn't only focus on the bad sides of this issue. Instead, we should work to educate people about propaganda's harms. Promoting critical thinking and knowledge can help. Empowering people to think for themselves helps reduce misinformation in society. Many Russians are patriotic, but that doesn't mean they endorse the government's policies or violence. We shouldn't generalize about entire communities since people are complex. Support for racism is a serious issue, but we must address it delicately. With the appear of internet, no propaganda can last long

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March 23, 2023, 06:44:17 AM
 #81

2 lines that will bring the world closer to the new Nuremberg!

The International Criminal Court in The Hague has issued an arrest warrant for Russian President Vladimir Putin. It is reported by BBC News.

Also, a warrant was issued for the arrest of Maria Lvova-Belova, Commissioner for Children's Rights of the Russian Federation.


https://www.moscowtimes.ru/2023/03/17/mezhdunarodnii-sud-v-gaage-vidal-order-na-arest-vladimira-putina-a37278
Did you study the Nuremberg Trials in detail?
I do not want to judge, but a lot of criminals received minimal terms and spent several years in prison and then were amnestied. And why did this happen? Because the USSR, the USA and other countries did not want to reveal their crimes, but some of them became known anyway at the Nuremberg trials.

International Criminal Court (wherever it is located) is a joke. George Bush Jr caused 2 million deaths in Iraq (including half a million children) and he never faced any prosecution for his crimes. Obama invaded multiple countries and killed hundreds of thousands of people. The most developed country in African continent (Libya) was bombed back to stone age. The ICC never had the balls to issue arrest warrants against people who are responsible for these crimes. And now they want to act against the Russians for some trivial reason.

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March 23, 2023, 10:22:47 AM
 #82


International Criminal Court (wherever it is located) is a joke. George Bush Jr caused 2 million deaths in Iraq (including half a million children) and he never faced any prosecution for his crimes. Obama invaded multiple countries and killed hundreds of thousands of people. The most developed country in African continent (Libya) was bombed back to stone age. The ICC never had the balls to issue arrest warrants against people who are responsible for these crimes. And now they want to act against the Russians for some trivial reason.
War crimes and crimes against humanity need to be documented in time and correctly so that international courts can then examine the evidence and make decisions on it.

Ukraine has already documented more than 70,000 war crimes of the Russian invaders and invites international experts and judges of international courts to see for themselves the crimes committed and their consequences. Moreover, the Putin regime practically does not hide its crimes and actually recognizes their commission. I don’t know who and how documented the crimes in the wars you mentioned, but Ukraine, as a civilized state, is being attacked by Russian troops who do not adhere to the rules and customs of war, commit massacres of the civilian population of Ukraine, rob and export to Russia any property that bloody hands of Russians, commit mass and almost demonstrative rape, torture and other crimes, which are correctly documented for future trials.

The fact of forced deportation from Ukraine to Russia of more than 16 thousand children, their distribution to special camps or transfer to Russian families is well documented and confirmed by Putin in the media. Therefore, this fact is taken as the first international criminal trial, which will be followed by further ones. It is unlikely that this should be called a banal reason. This is a serious crime of Putin and his entourage, for which they will certainly be held accountable.

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March 23, 2023, 12:34:10 PM
 #83


International Criminal Court (wherever it is located) is a joke. George Bush Jr caused 2 million deaths in Iraq (including half a million children) and he never faced any prosecution for his crimes. Obama invaded multiple countries and killed hundreds of thousands of people. The most developed country in African continent (Libya) was bombed back to stone age. The ICC never had the balls to issue arrest warrants against people who are responsible for these crimes. And now they want to act against the Russians for some trivial reason.
War crimes and crimes against humanity need to be documented in time and correctly so that international courts can then examine the evidence and make decisions on it.

Ukraine has already documented more than 70,000 war crimes of the Russian invaders and invites international experts and judges of international courts to see for themselves the crimes committed and their consequences. Moreover, the Putin regime practically does not hide its crimes and actually recognizes their commission. I don’t know who and how documented the crimes in the wars you mentioned, but Ukraine, as a civilized state, is being attacked by Russian troops who do not adhere to the rules and customs of war, commit massacres of the civilian population of Ukraine, rob and export to Russia any property that bloody hands of Russians, commit mass and almost demonstrative rape, torture and other crimes, which are correctly documented for future trials.

The fact of forced deportation from Ukraine to Russia of more than 16 thousand children, their distribution to special camps or transfer to Russian families is well documented and confirmed by Putin in the media. Therefore, this fact is taken as the first international criminal trial, which will be followed by further ones. It is unlikely that this should be called a banal reason. This is a serious crime of Putin and his entourage, for which they will certainly be held accountable.
Do you think that these crimes are not documented?
https://bitcointalk.org/index.php?topic=5441385.msg61825995#msg61825995

Remember what many of Hitler's followers said at the Nuremberg Trials. A very famous phrase.
"We were all Hitler's shadow." (C) Joachim von Ribbentrop

The US and NATO countries have supplied a lot of weapons to Ukraine, and now the country is at war. The United States and NATO countries supply weapons to Taiwan. This greatly increases the chances of war. The US is good, the rest are criminals. What kind of courts are you talking about if these courts depend on US influence?

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March 23, 2023, 05:52:37 PM
 #84


International Criminal Court (wherever it is located) is a joke. George Bush Jr caused 2 million deaths in Iraq (including half a million children) and he never faced any prosecution for his crimes. Obama invaded multiple countries and killed hundreds of thousands of people. The most developed country in African continent (Libya) was bombed back to stone age. The ICC never had the balls to issue arrest warrants against people who are responsible for these crimes. And now they want to act against the Russians for some trivial reason.
War crimes and crimes against humanity need to be documented in time and correctly so that international courts can then examine the evidence and make decisions on it.

Ukraine has already documented more than 70,000 war crimes of the Russian invaders and invites international experts and judges of international courts to see for themselves the crimes committed and their consequences. Moreover, the Putin regime practically does not hide its crimes and actually recognizes their commission. I don’t know who and how documented the crimes in the wars you mentioned, but Ukraine, as a civilized state, is being attacked by Russian troops who do not adhere to the rules and customs of war, commit massacres of the civilian population of Ukraine, rob and export to Russia any property that bloody hands of Russians, commit mass and almost demonstrative rape, torture and other crimes, which are correctly documented for future trials.

The fact of forced deportation from Ukraine to Russia of more than 16 thousand children, their distribution to special camps or transfer to Russian families is well documented and confirmed by Putin in the media. Therefore, this fact is taken as the first international criminal trial, which will be followed by further ones. It is unlikely that this should be called a banal reason. This is a serious crime of Putin and his entourage, for which they will certainly be held accountable.
Do you think that these crimes are not documented?
https://bitcointalk.org/index.php?topic=5441385.msg61825995#msg61825995

Remember what many of Hitler's followers said at the Nuremberg Trials. A very famous phrase.
"We were all Hitler's shadow." (C) Joachim von Ribbentrop

The US and NATO countries have supplied a lot of weapons to Ukraine, and now the country is at war. The United States and NATO countries supply weapons to Taiwan. This greatly increases the chances of war. The US is good, the rest are criminals. What kind of courts are you talking about if these courts depend on US influence?

Let's look at this dispute from a different point of view, namely from the side of the correctness and legitimacy of Ukraine's actions in this war, since we are discussing the effects of sanctions against Russia for the invasion of Ukraine, the occupation of part of its territory and the atrocities that Russians commit against Ukrainians in their country of Ukraine.

Is Ukraine doing something wrong, defending itself against the invasion of Russian tanks and other armored vehicles on its territory and from the daily bombing of its settlements? Or should it not have accepted help from other countries, such as the US, because the US has suspected that this country supplies weapons to other countries, and therefore is, as it were, a warmonger? Write that Ukraine is at war because the United States has provided weapons to Ukraine? It seems to me that you have confused a lot here.

First of all, we must proceed from the fact that Russia attacked Ukraine and destroys its infrastructure and civilians, and not vice versa. The war in Ukraine arose due to Russian military aggression and the availability of weapons provided to Ukraine only affects whether Ukrainians can defend their freedom and independence. Of course, someone would like Russia to seize the territory of Ukraine in a few days, as Putin planned, and a significant part of the Ukrainian nation would be killed and tortured, as Putin and his entourage planned. Russia is a terrorist country, and Putin's regime is criminal. This is an established fact, so the criminals in relation to Ukraine must be punished fairly, including through international courts. And the United States and other states are doing the right thing, helping Ukraine in every possible way to protect itself from aggression. Challenge this fact.

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March 23, 2023, 06:08:39 PM
 #85

Did you study the Nuremberg Trials in detail?
I do not want to judge, but a lot of criminals received minimal terms and spent several years in prison and then were amnestied. And why did this happen? Because the USSR, the USA and other countries did not want to reveal their crimes, but some of them became known anyway at the Nuremberg trials.
As someone who has studied the Nazi Germans who fled to Latin America, I could easily say that there were far more serious crimes committed by Nazis, and they should have spent their entire life in jail, I wouldn't even be against gathering of all those Nazis and put in gas chambers as a revenge, maybe sounds too harsh when you look at it at modern times but when you have 6 million Jews hunted and jailed and murdered by Nazis, I am pretty sure that getting a revenge by going to Latin America or anywhere all around the world to find them and bring them back to Auschwitz and then gassing them wouldn't really be getting any blowback, everyone would have applauded without hesitation.
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March 24, 2023, 03:57:59 AM
 #86

The war has been going on for more than a year and of course it makes it more difficult for the countries involved, the economic sanctions applied to Russia will certainly have an impact, but I'm sure Russia already has considerations when the invasion of Ukraine includes economic sanctions, Russia can survive because many countries including in Europe are need oil and gas so that russia will recover soon.

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March 24, 2023, 01:00:39 PM
 #87

The war has been going on for more than a year and of course it makes it more difficult for the countries involved, the economic sanctions applied to Russia will certainly have an impact, but I'm sure Russia already has considerations when the invasion of Ukraine includes economic sanctions, Russia can survive because many countries including in Europe are need oil and gas so that russia will recover soon.
Meanwhile, the Russian economy is falling apart at a very rapid pace, although there is still a margin of safety there. Russia itself is already recognizing the catastrophic situation with the federal budget: as of March 8, government spending was more than twice its revenue (6.3 trillion rubles against 3 trillion). The corresponding figures were announced by Russian Prime Minister Mikhail Mishustin, reporting to the State Duma deputies on the results of the government's work.

Thus, the Russian budget deficit has been steadily growing in recent months: in January it amounted to 1.8 trillion rubles, in February - 2.6 trillion rubles, as of March 21 - 3.7 trillion rubles. And then, apparently, it will be even worse, because, despite the growth of the budget deficit, they plan to continue to increase spending on waging war with Ukraine.

https://news.dialog.ua/270301_1679590038

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March 24, 2023, 01:10:20 PM
 #88

It seems that very soon we will see simply in Russia "closing the economy" and "transition to martial law" with all the ensuing consequences - a super-fast movement to third world countries with an extremely negative forecast of prospects. And for decades!

The largest brokerage companies in Russia have sharply tightened the rules for withdrawing currency from client accounts against the backdrop of sanctions against Russian banks that have affected 80% of the Russian financial system.
Since April 3, BCS, the largest non-banking broker in Russia, has set the bar for the minimum transfer of currency to third-party banks at $50,000 and 50,000 euros.
According to Forbes with reference to the press service of the financial group, this step is connected with the decision of the intermediary bank. He changed to the minimum amount of withdrawal of dollars and euros to bank accounts on the brokerage account of BCS Company LLC.
At the same time, from April 3, similar limits were introduced by other brokerage companies, including Finam, ITInvest, Newton Investments (formerly GPB Investments).
As a result, 97% of brokers' clients may be left without the ability to withdraw currency - that's how many, according to the Central Bank, have less than a million rubles in their account, which at the current exchange rate is a little more than $13,000.

https://www.moscowtimes.ru/2023/03/23/krupneishie-brokeri-rezko-ogranichili-vivod-valyuti-pochti-vsem-klientam-a37889

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March 24, 2023, 03:58:33 PM
Last edit: March 24, 2023, 04:12:46 PM by zasad@
 #89

Did you study the Nuremberg Trials in detail?
I do not want to judge, but a lot of criminals received minimal terms and spent several years in prison and then were amnestied. And why did this happen? Because the USSR, the USA and other countries did not want to reveal their crimes, but some of them became known anyway at the Nuremberg trials.
As someone who has studied the Nazi Germans who fled to Latin America, I could easily say that there were far more serious crimes committed by Nazis, and they should have spent their entire life in jail, I wouldn't even be against gathering of all those Nazis and put in gas chambers as a revenge, maybe sounds too harsh when you look at it at modern times but when you have 6 million Jews hunted and jailed and murdered by Nazis, I am pretty sure that getting a revenge by going to Latin America or anywhere all around the world to find them and bring them back to Auschwitz and then gassing them wouldn't really be getting any blowback, everyone would have applauded without hesitation.
If you execute criminals, then the ideas of fascism will not die. There were many experiments on people in the USA after the Second World War
https://www.inquirer.com/health/holmesburg-prison-experiments-philadelphia-college-physicians-apology-albert-kligman-20230112.html
Read about the Guantanama prison and the torture of prisoners. You can find a lot of information about this.

It seems that very soon we will see simply in Russia "closing the economy" and "transition to martial law" with all the ensuing consequences - a super-fast movement to third world countries with an extremely negative forecast of prospects. And for decades!

The largest brokerage companies in Russia have sharply tightened the rules for withdrawing currency from client accounts against the backdrop of sanctions against Russian banks that have affected 80% of the Russian financial system.

https://www.moscowtimes.ru/2023/03/23/krupneishie-brokeri-rezko-ogranichili-vivod-valyuti-pochti-vsem-klientam-a37889
It's difficult for me to understand how you associate the Russian economy with restrictions on brokerage houses. The Russian economy has long used the principles of the currency board. Russia was the raw material base for the countries of Europe. The money that the Russian economy received for the sale of resources was mostly sent to US and European banks. This practice has now ended. Politics is changing, big changes are taking place in Russia. Most of the protests are now in Europe, so it seems to me that the European economy can collapse much faster.


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March 26, 2023, 06:40:24 PM
 #90

I don't blame him much though, I blame Russians that still allow an authoritarian to rule them for too long in this century. This is not happening in any advanced countries, and no wonder Europe has never been divided like this because of ego and an overdose of power of a villain. Only God knows the extent of the damage his actions and reactions have cost Russia, and this am afraid would linger for centuries to come.

I can't blame the Russians. As someone who has lived in a country torn apart by tyrants, I believe I have an idea of how things are on the ground in Russia. These guys control every narrative, every news channel, and every newspaper company. They get ahead of every story and spin the narrative. The few in the country who see right through the bs and can do something about it are silenced leaving the rest to be afraid or just accept their fate and hope that one day things will get better. They claim it's a democracy but whatever they practice there is in no way a democracy. It's horrible and very scary, to be honest.  

The problem is not total propaganda, which has had no analogues since Hitler's propaganda.
In Russia, there are critically few people left who DO NOT SUPPORT both politics and external aggression.
But the total majority are people who enjoy their fake "greatness". They are indescribably excited by the phrase "the whole world is afraid of us", they experience ecstasy at the sight of destroyed Ukrainian cities (read the cities of Ichkiria, Georgia, Moldova,...), they derive moral pleasure from the sadism of their "soldiers", they scream at the slogan " let's destroy Ukrainians (Georgians, Latvians, Poles,...). This is not what you wanted to say. There are countries where totalitarian regimes INTIMIDATED the population and extremely limited the reproduction of those who opposed the government (primitive intimidation with the death of both the speaker and his family, children, relatives). In Russia, the support for rashism is actually more than 90%! And this is no longer a matter of propaganda...
I believe that Russia's propaganda problem is complex and difficult to solve. But, we shouldn't only focus on the bad sides of this issue. Instead, we should work to educate people about propaganda's harms. Promoting critical thinking and knowledge can help. Empowering people to think for themselves helps reduce misinformation in society. Many Russians are patriotic, but that doesn't mean they endorse the government's policies or violence. We shouldn't generalize about entire communities since people are complex. Support for racism is a serious issue, but we must address it delicately. With the appear of internet, no propaganda can last long
If EU would have delt the situation wisely - they would have been able to manage the problem well.
Everyone turned against Russia - not because they wanted peace in Ukraine but because they wanted to weaken Russia which they tried to do and failed miserably

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March 26, 2023, 07:03:15 PM
 #91

Not really shocking to be fair, we are talking about nearly all of the world, and mainly richest nations in the world, all stop working with Russia as much as they can. Some still have to work together, because of things they had in place beforehand, but almost no money goes into Russia aside from few nations.

This will of course cause a lot of trouble for them and I believe that if the war goes on a bit longer, they are going to be even worse than the Soviet era as well. I am not saying Mao, let them starve to death levels of bad management, but it is getting there, its going to be worse than Argentina or Venezuela if this goes on for another year or two.

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March 27, 2023, 05:59:40 AM
 #92

1. The loss of oil and gas income (more than 70% according to official data) has led to the fact that now in Russia ... ATTENTION !!!! Drumroll !!!! RAISE GAS RATES FOR THE POPULATION OF RUSSIA!  Grin
2. An active sale of gold reserves and foreign exchange reserves began. There is a very important clarification here. Sale for example yuan or rupee is IMPOSSIBLE. Neither China nor India allow "their little brother" to exchange their candy wrappers for real currency, because the dollar is critically important to them (China and Indit)! Smiley This is by the way to the conversation about "rejection of the dollar"... Therefore, Russia began to sell off the rest of the CURRENCY, i.e. yuan and dollar balances, a significant part of which is blocked by sanctions in Western banks. Which will soon lead to the fact that Russia will become a submissive slave of the yuan.
3. The so-called sovereign reserves of Russia, optimistically, will last until the end of 2023. Further - only manipulations, more precisely, the cessation of manipulations with the ruble and ... wild inflation. Well, or the issue of government bonds ... In the history of the USSR, this was. Then they covered the walls with these bonds and used them instead of toilet paper Smiley Because they no longer cost anything, and until the end of the 1970s the great USSR could not produce toilet paper Smiley By the way, this is a FACT!
4. Cherry on the cake: China refused to increase Russian gas supplies to China Smiley

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March 28, 2023, 02:44:31 AM
 #93

4. Cherry on the cake: China refused to increase Russian gas supplies to China Smiley

Yeah.. we believe you.

https://english.alarabiya.net/News/world/2022/12/21/China-buys-record-amount-of-Russian-LNG-oil-and-coal-purchases-also-surge
https://www.aa.com.tr/en/economy/china-is-set-to-become-russias-main-gas-importer-to-replace-eu/2762421

Russian exports to China will rise exponentially in the future, in the form of pipeline gas as well as LNG. Power of Siberia 2 pipeline is under construction and once it becomes operational, almost all the volumes that used to flow to the EU will start flowing eastwards. And China remains the no.1 consumer of Russian crude, and here also the volumes are rising:

https://www.ndtv.com/business/india-vies-with-china-over-russian-crude-prices-rise-3846219
https://economictimes.indiatimes.com/news/international/business/russian-oil-gets-pricier-as-pool-of-buyers-from-india-china-expands/articleshow/98502068.cms

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April 02, 2023, 11:54:16 PM
Last edit: April 03, 2023, 01:06:33 AM by Theones
 #94

4. Cherry on the cake: China refused to increase Russian gas supplies to China Smiley

Yeah.. we believe you.

https://english.alarabiya.net/News/world/2022/12/21/China-buys-record-amount-of-Russian-LNG-oil-and-coal-purchases-also-surge
https://www.aa.com.tr/en/economy/china-is-set-to-become-russias-main-gas-importer-to-replace-eu/2762421

Russian exports to China will rise exponentially in the future, in the form of pipeline gas as well as LNG. Power of Siberia 2 pipeline is under construction and once it becomes operational, almost all the volumes that used to flow to the EU will start flowing eastwards. And China remains the no.1 consumer of Russian crude, and here also the volumes are rising:

https://www.ndtv.com/business/india-vies-with-china-over-russian-crude-prices-rise-3846219
https://economictimes.indiatimes.com/news/international/business/russian-oil-gets-pricier-as-pool-of-buyers-from-india-china-expands/articleshow/98502068.cms
That's a valid point mentioned - every country has their interest to keep good terms with Russia
The main reason is oil and gas.
Every country be it China, India or Turkey - they have their interest.

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April 03, 2023, 12:00:57 AM
Last edit: April 03, 2023, 01:00:45 AM by Cryptock
 #95

4. Cherry on the cake: China refused to increase Russian gas supplies to China Smiley

Yeah.. we believe you.

https://english.alarabiya.net/News/world/2022/12/21/China-buys-record-amount-of-Russian-LNG-oil-and-coal-purchases-also-surge
https://www.aa.com.tr/en/economy/china-is-set-to-become-russias-main-gas-importer-to-replace-eu/2762421

Russian exports to China will rise exponentially in the future, in the form of pipeline gas as well as LNG. Power of Siberia 2 pipeline is under construction and once it becomes operational, almost all the volumes that used to flow to the EU will start flowing eastwards. And China remains the no.1 consumer of Russian crude, and here also the volumes are rising:

https://www.ndtv.com/business/india-vies-with-china-over-russian-crude-prices-rise-3846219
https://economictimes.indiatimes.com/news/international/business/russian-oil-gets-pricier-as-pool-of-buyers-from-india-china-expands/articleshow/98502068.cms
If sanctions don't work, then we must congratulate to Putin for being so powerful that the whole world failed to pull his leg and changed his mind
Putin has strong nerves and he managed to maintain his terror on the world

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April 03, 2023, 12:10:54 AM
 #96

Consequences should already be clear, losing people to a war without any point to it, no requirement or threat exists just hubris backs the reasoning to fight for nothing.   The sanctions are to counter any idea of gain but it would be a loss in any case over just simple honest trade.    A countries greatest asset is always its people in potential and wealth but a dictator will see the commodity wealth as the bargaining tool to manipulate for wealth and the people expendable.  It will always be the country grows poorer when the people are spent and discarded in this way.

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April 03, 2023, 11:53:00 AM
 #97


If sanctions don't work, then we must congratulate to Putin for being so powerful that the whole world failed to pull his leg and changed his mind
Putin has strong nerves and he managed to maintain his terror on the world
Sanctions have a negative impact on the Russian economy, and Putin said this on March 29 and spoke at a meeting with members of the government. He said that in the medium term, because of them, it could be difficult for Russia and called for "strengthening positive trends" in the Russian economy.
https://www.epravda.com.ua/rus/news/2023/03/29/698569/
https://news.obozrevatel.com/tv/putin-ekonomika-mp4.htm

It’s just that Russia has previously tried to hide the impact of international sanctions, but it’s useless to deny the obvious for a long time. Therefore, no one will admire Putin. On the contrary, he has already become toxic to the international community and even to his former friends. Especially after the International Criminal Court in The Hague issued a warrant for his arrest and Putin became a criminal.

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April 03, 2023, 06:14:53 PM
 #98

Consequences should already be clear, losing people to a war without any point to it, no requirement or threat exists just hubris backs the reasoning to fight for nothing.   The sanctions are to counter any idea of gain but it would be a loss in any case over just simple honest trade.    A countries greatest asset is always its people in potential and wealth but a dictator will see the commodity wealth as the bargaining tool to manipulate for wealth and the people expendable.  It will always be the country grows poorer when the people are spent and discarded in this way.
the war lord don't care - the only thing they care is the power and their authority
Nothing has changed in so called sophisticated world - this reminds us of era of changez khan who felt proud in building tower of skull - we dont know how much such deaths we have to see in the days to come

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April 06, 2023, 06:13:44 AM
 #99

According to official data from the Ministry of Finance of the Russian Federation, in the Russian Federation in 2023 there is a sharp drop in oil and gas revenues compared to the same periods of previous years.

It turned out that the revenues of the Russian state budget in March of this year amounted to only 688.2 billion rubles (for comparison, in March 2022 they were equal to 1.208 trillion rubles).

Representatives of the Ministry of Finance of the Russian Federation published data according to which the average price of Russian Urals oil in March 2023 was $47.85 per barrel, which is 1.86 times lower than in March 2022 ($89.05 per barrel).

It is worth noting that in February this year, the oil and gas revenues of the aggressor state showed an even lower result - 521.2 billion rubles (in February 2022 - 971.7 billion rubles).
There are two main reasons for such a depressing situation in Russia - a protracted war of conquest on the territory of Ukraine and the imposed international sanctions. If the Putin regime continues this war, then by the end of summer, the beginning of autumn, a real catastrophe awaits Russia.

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April 06, 2023, 07:30:34 AM
 #100


There are two main reasons for such a depressing situation in Russia - a protracted war of conquest on the territory of Ukraine and the imposed international sanctions. If the Putin regime continues this war, then by the end of summer, the beginning of autumn, a real catastrophe awaits Russia.

Russia's long term stability and prosperity should be the ultimate goal to prioritize the welfare of the people and work to find a peaceful solution to this conflict not just the pursuit of power and conquest.

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April 06, 2023, 12:53:44 PM
 #101

A little about how "sanctions do not work" Smiley
To begin with, let me remind you of Putin's "world-class politics" speech:
"... it would be good if all countries wishing to impose sanctions against Russia did so "as soon as possible." He stated this at the international forum "Russian Energy Week"
“This would give us a free hand to protect our national interests by such means as we consider most effective for us,” the president said.
Read more on RBC:
https://www.rbc.ru/politics/03/10/2018/5bb4b5169a794730e720fcf0

And in the middle of 2022, they began to impose sanctions, and not all of them and not immediately Smiley

April 2023:
- The two largest international traders, who have exported a total of 3.5 million tons of Russian grain since the summer of 2022, simultaneously decided to abandon Russian products.
The American Cargill, which provided 1.4 million tons of Russian grain exports, notified the Ministry of Agriculture that it would suspend the export of grain from the Russian Federation from July 1, 2023. The company explained its step by the growing difficulties in working with Russia: although grains did not fall under the sanctions of the United States and the European Union, restrictions on banks and state-owned companies make it difficult to pay for transactions.
Viterra, one of the largest agricultural traders in the world, has decided to abandon Russian grain, which is connected with the Swiss commodity trader Glencore.
https://www.moscowtimes.ru/2023/03/29/dva-krupneishih-zapadnih-treidera-obyavili-boikot-rossiiskomu-zernu-a38466

- Reuters: Russia sells oil to India for only $32-35 per barrel: half the market price

- In March, the average price of the main Russian export brand fell to $47.85 per barrel, the Ministry of Finance reported on Monday. Compared to February, Urals quotes sank another $1.71 (3.4%), compared to January they turned out to be lower by $1.63, and in annual terms they collapsed almost 2 times.
So cheap, according to official statistics, Russian oil has never been worth since November 2020, when the global market experienced the shock of the pandemic and the strongest overproduction crisis in history.
PS Yes, now, after the OPEC+ demarche, the price jumped a little, but again it is smoothly going down Smiley

- Intelligence of Britain: The Kremlin is looking for ways to offer foreign investors from "friendly" countries to buy out part of the sovereign debt of the impoverished budget of the Russian Federation.

- According to Markus Coip, the Russian military-industrial complex is not able to make up for the material losses of the Russian army in Ukraine. By mid-autumn, according to his forecast, the reserves will finally run out.
https://www.dw.com/ru/voennyj-ekspert-ukraina-oderzit-pobedu-uze-v-oktabre/a-65224957?maca=rus-tco-dw

- In Russia, in January 2023, the incidence of infectious diseases, including HIV, hepatitis, tuberculosis and syphilis, has sharply increased, follows from the reports of Rosstat and Rospotrebnadzor, which were analyzed by Medvestnik.
According to the departments, the incidence of newly diagnosed tuberculosis increased by 10% compared to last year, HIV - by 20%, syphilis - by 71%, acute hepatitis - by 45%. The situation is especially serious with hepatitis A (+50% of those infected) and hepatitis C (+42%). The incidence of hepatitis B increased by 11%.
https://www.sibreal.org/a/v-rossii-rezko-vyrosla-zabolevaemost-vich-sifilisom-i-gepatitom/32350927.html

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April 08, 2023, 11:22:33 PM
 #102

A little about how "sanctions do not work" Smiley
To begin with, let me remind you of Putin's "world-class politics" speech:
"... it would be good if all countries wishing to impose sanctions against Russia did so "as soon as possible." He stated this at the international forum "Russian Energy Week"
“This would give us a free hand to protect our national interests by such means as we consider most effective for us,” the president said.
Read more on RBC:
https://www.rbc.ru/politics/03/10/2018/5bb4b5169a794730e720fcf0

And in the middle of 2022, they began to impose sanctions, and not all of them and not immediately Smiley

April 2023:
- The two largest international traders, who have exported a total of 3.5 million tons of Russian grain since the summer of 2022, simultaneously decided to abandon Russian products.
The American Cargill, which provided 1.4 million tons of Russian grain exports, notified the Ministry of Agriculture that it would suspend the export of grain from the Russian Federation from July 1, 2023. The company explained its step by the growing difficulties in working with Russia: although grains did not fall under the sanctions of the United States and the European Union, restrictions on banks and state-owned companies make it difficult to pay for transactions.
Viterra, one of the largest agricultural traders in the world, has decided to abandon Russian grain, which is connected with the Swiss commodity trader Glencore.
https://www.moscowtimes.ru/2023/03/29/dva-krupneishih-zapadnih-treidera-obyavili-boikot-rossiiskomu-zernu-a38466

- Reuters: Russia sells oil to India for only $32-35 per barrel: half the market price

- In March, the average price of the main Russian export brand fell to $47.85 per barrel, the Ministry of Finance reported on Monday. Compared to February, Urals quotes sank another $1.71 (3.4%), compared to January they turned out to be lower by $1.63, and in annual terms they collapsed almost 2 times.
So cheap, according to official statistics, Russian oil has never been worth since November 2020, when the global market experienced the shock of the pandemic and the strongest overproduction crisis in history.
PS Yes, now, after the OPEC+ demarche, the price jumped a little, but again it is smoothly going down Smiley

- Intelligence of Britain: The Kremlin is looking for ways to offer foreign investors from "friendly" countries to buy out part of the sovereign debt of the impoverished budget of the Russian Federation.

- According to Markus Coip, the Russian military-industrial complex is not able to make up for the material losses of the Russian army in Ukraine. By mid-autumn, according to his forecast, the reserves will finally run out.
https://www.dw.com/ru/voennyj-ekspert-ukraina-oderzit-pobedu-uze-v-oktabre/a-65224957?maca=rus-tco-dw

- In Russia, in January 2023, the incidence of infectious diseases, including HIV, hepatitis, tuberculosis and syphilis, has sharply increased, follows from the reports of Rosstat and Rospotrebnadzor, which were analyzed by Medvestnik.
According to the departments, the incidence of newly diagnosed tuberculosis increased by 10% compared to last year, HIV - by 20%, syphilis - by 71%, acute hepatitis - by 45%. The situation is especially serious with hepatitis A (+50% of those infected) and hepatitis C (+42%). The incidence of hepatitis B increased by 11%.
https://www.sibreal.org/a/v-rossii-rezko-vyrosla-zabolevaemost-vich-sifilisom-i-gepatitom/32350927.html
there was a video which went viral about Russia and Ukraine war. The Russian representative said those who feel bad about Ukraine must consider Ukraine as Palestine and Russia as USA - this is a very powerful message given by Russia - If EU and NATO is so concerned about the Ukraine they must also consider Palestine and other muslim countries

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April 08, 2023, 11:54:31 PM
 #103


There are two main reasons for such a depressing situation in Russia - a protracted war of conquest on the territory of Ukraine and the imposed international sanctions. If the Putin regime continues this war, then by the end of summer, the beginning of autumn, a real catastrophe awaits Russia.

Russia's long term stability and prosperity should be the ultimate goal to prioritize the welfare of the people and work to find a peaceful solution to this conflict not just the pursuit of power and conquest.
Russia is unstoppable and they will achieve what they plane for sure
So its better not to interfere in other business and EU should remain silent like the whole world is silent for Palestinae and Syria

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April 09, 2023, 12:31:38 AM
 #104

And its going to get worse if you ask me about it. West may have attacked a lot of innocent people and killed tens of thousands and created instability in many regions, that's a thing we dislike about west and will continue to do so until they fix their mistakes, this is the group of nations that became as rich as they are right now thanks to killing and pillaging and murdering people all around the world, the amount of people USA, UK and all of Europe killed is impossible to measure, and that's how they are rich. BUT! the case here is Russia attacking a "western" nation, Ukraine is not exactly western but not eastern neither, its right in the middle of Europe and Russia, so when they did that, it pissed of west, and west has every right to stop working with anyone they want, that's why Russia will get worse and worse.

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April 09, 2023, 03:55:33 AM
 #105

there was a video which went viral about Russia and Ukraine war. The Russian representative said those who feel bad about Ukraine must consider Ukraine as Palestine and Russia as USA - this is a very powerful message given by Russia - If EU and NATO is so concerned about the Ukraine they must also consider Palestine and other muslim countries

US and it's NATO allies have one rule for Israel and another rule for countries such as Russia and Iran. This amounts to double speak. And take the case of Kosovo. That territory is recognized as a part of Serbia. NATO justified the secession saying that Albanians are a majority in Kosovo and they want to become independent from Serbia. The same argument should be applied to Eastern Ukraine, I guess. The population is mostly Russian speaking and if they want to become part of Russia, then let it be so.
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April 09, 2023, 05:30:39 AM
 #106


US and it's NATO allies have one rule for Israel and another rule for countries such as Russia and Iran. This amounts to double speak. And take the case of Kosovo. That territory is recognized as a part of Serbia. NATO justified the secession saying that Albanians are a majority in Kosovo and they want to become independent from Serbia. The same argument should be applied to Eastern Ukraine, I guess. The population is mostly Russian speaking and if they want to become part of Russia, then let it be so.
Do you think that now the inhabitants of Eastern Ukraine still want to join Russia? They changed their mind long ago, because they realized that Russia is chaos, devastation, disregard for the rights of residents, death, and so on. What did Russia bring to the Donetsk and Lugansk regions of Ukraine? Destroyed to the foundation of the city and other settlements, because advancing, Russia used the tactics of a fiery shaft and at first the settlement turned into ruins by 90 percent, and only after that the Russians entered there. In the more or less surviving Donetsk and Lugansk, public utilities practically do not work, there is almost no male population left due to constant forced mobilization for war. At the same time, the invaders constantly robbed, raped and killed even the Russian-speaking population. Now they even agree to take an exam on the knowledge of the Ukrainian language, if only not to be part of Russia.

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April 10, 2023, 07:23:08 PM
 #107


US and it's NATO allies have one rule for Israel and another rule for countries such as Russia and Iran. This amounts to double speak. And take the case of Kosovo. That territory is recognized as a part of Serbia. NATO justified the secession saying that Albanians are a majority in Kosovo and they want to become independent from Serbia. The same argument should be applied to Eastern Ukraine, I guess. The population is mostly Russian speaking and if they want to become part of Russia, then let it be so.
Do you think that now the inhabitants of Eastern Ukraine still want to join Russia? They changed their mind long ago, because they realized that Russia is chaos, devastation, disregard for the rights of residents, death, and so on. What did Russia bring to the Donetsk and Lugansk regions of Ukraine? Destroyed to the foundation of the city and other settlements, because advancing, Russia used the tactics of a fiery shaft and at first the settlement turned into ruins by 90 percent, and only after that the Russians entered there. In the more or less surviving Donetsk and Lugansk, public utilities practically do not work, there is almost no male population left due to constant forced mobilization for war. At the same time, the invaders constantly robbed, raped and killed even the Russian-speaking population. Now they even agree to take an exam on the knowledge of the Ukrainian language, if only not to be part of Russia.
war is never a solution - it changes the life of people and the nation.
Both the countries should have a dialogue instead of deadlock
on the other hand - one nation freedom fighter is a terisot of other nation. So there is a dire need to understand the fact that people want peace at any cost.

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April 10, 2023, 08:03:30 PM
 #108


US and it's NATO allies have one rule for Israel and another rule for countries such as Russia and Iran. This amounts to double speak. And take the case of Kosovo. That territory is recognized as a part of Serbia. NATO justified the secession saying that Albanians are a majority in Kosovo and they want to become independent from Serbia. The same argument should be applied to Eastern Ukraine, I guess. The population is mostly Russian speaking and if they want to become part of Russia, then let it be so.
Do you think that now the inhabitants of Eastern Ukraine still want to join Russia? They changed their mind long ago, because they realized that Russia is chaos, devastation, disregard for the rights of residents, death, and so on. What did Russia bring to the Donetsk and Lugansk regions of Ukraine? Destroyed to the foundation of the city and other settlements, because advancing, Russia used the tactics of a fiery shaft and at first the settlement turned into ruins by 90 percent, and only after that the Russians entered there. In the more or less surviving Donetsk and Lugansk, public utilities practically do not work, there is almost no male population left due to constant forced mobilization for war. At the same time, the invaders constantly robbed, raped and killed even the Russian-speaking population. Now they even agree to take an exam on the knowledge of the Ukrainian language, if only not to be part of Russia.
You are lying and this is the usual practice of your behavior on this forum. Residents of the eastern regions of Ukraine voted in a referendum for joining Russia and they are fighting together with the Russian armed forces against the occupying forces of the Armed Forces of Ukraine. As for destruction, this is a common thing in armed conflicts and the liberated territories are being actively restored, for example, Mariupol was practically rebuilt in less than a year.

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April 10, 2023, 10:28:18 PM
 #109


US and it's NATO allies have one rule for Israel and another rule for countries such as Russia and Iran. This amounts to double speak. And take the case of Kosovo. That territory is recognized as a part of Serbia. NATO justified the secession saying that Albanians are a majority in Kosovo and they want to become independent from Serbia. The same argument should be applied to Eastern Ukraine, I guess. The population is mostly Russian speaking and if they want to become part of Russia, then let it be so.
Do you think that now the inhabitants of Eastern Ukraine still want to join Russia? They changed their mind long ago, because they realized that Russia is chaos, devastation, disregard for the rights of residents, death, and so on. What did Russia bring to the Donetsk and Lugansk regions of Ukraine? Destroyed to the foundation of the city and other settlements, because advancing, Russia used the tactics of a fiery shaft and at first the settlement turned into ruins by 90 percent, and only after that the Russians entered there. In the more or less surviving Donetsk and Lugansk, public utilities practically do not work, there is almost no male population left due to constant forced mobilization for war. At the same time, the invaders constantly robbed, raped and killed even the Russian-speaking population. Now they even agree to take an exam on the knowledge of the Ukrainian language, if only not to be part of Russia.
You are lying and this is the usual practice of your behavior on this forum. Residents of the eastern regions of Ukraine voted in a referendum for joining Russia and they are fighting together with the Russian armed forces against the occupying forces of the Armed Forces of Ukraine. As for destruction, this is a common thing in armed conflicts and the liberated territories are being actively restored, for example, Mariupol was practically rebuilt in less than a year.

"You're all lying" is the classic First Chapter of the Russian "propaganda manual". I will ask a question that will drive you into a corner - but prove the opposite, with arguments and real evidence? Smiley
I can even easily prove that your words are a cheap, primitive lie! Easily !
So 3 simple questions:
1. What population of Donetsk and Luhansk regions was before the occupation by Russian terrorists?
2. What is the number of internal migrants from the moment of occupation by Russian terrorists to the holding of pseudo-referendums?
3. How many votes were recorded in pseudo-referendums?

I will not say anything about compliance with the rules and control of the electoral right ... But, it will be enough for everyone - to hear the answers to 3 simple questions Smiley

PS Would you like to talk about how the "referendum" was held in the southern regions temporarily occupied by Russia? With the facts of coercion, threats, and armed "election commissions", which on video recordings, without hiding, indicated to residents, for example, Kherson, who to vote for, and what will happen if you do not vote "correctly" for the occupying authorities?

PS Have you already started learning Chinese? A resident of the future depressive new region of China, called Novokitayshchina? Smiley

...AoBT...
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April 11, 2023, 06:15:14 AM
 #110


US and it's NATO allies have one rule for Israel and another rule for countries such as Russia and Iran. This amounts to double speak. And take the case of Kosovo. That territory is recognized as a part of Serbia. NATO justified the secession saying that Albanians are a majority in Kosovo and they want to become independent from Serbia. The same argument should be applied to Eastern Ukraine, I guess. The population is mostly Russian speaking and if they want to become part of Russia, then let it be so.
Do you think that now the inhabitants of Eastern Ukraine still want to join Russia? They changed their mind long ago, because they realized that Russia is chaos, devastation, disregard for the rights of residents, death, and so on. What did Russia bring to the Donetsk and Lugansk regions of Ukraine? Destroyed to the foundation of the city and other settlements, because advancing, Russia used the tactics of a fiery shaft and at first the settlement turned into ruins by 90 percent, and only after that the Russians entered there. In the more or less surviving Donetsk and Lugansk, public utilities practically do not work, there is almost no male population left due to constant forced mobilization for war. At the same time, the invaders constantly robbed, raped and killed even the Russian-speaking population. Now they even agree to take an exam on the knowledge of the Ukrainian language, if only not to be part of Russia.
We will be judged by the time of the not-too-distant future. Even the propaganda channels of Russia have already recognized the staged voting at the so-called "referendums" in the occupied territories of Ukraine. That is why Skabaeva proposed to hold new referendums for a more objective picture.
Russia respects and recognizes "referenda" in the occupied territories of Ukraine. But will it recognize such referendums in certain regions of Russia itself? Or, as always, will he try to cover such actions of local residents with blood? But soon this will definitely happen in Russia itself.

Yes, many residents of the Donbass and Lugansk region voluntarily fight against Ukraine, but the bulk of them are forcibly mobilized without military experience. They are sent to attack, and barrage detachments stand behind and shoot the retreating. A good incentive to fight.

Is Russia rebuilding destroyed cities in Ukraine? Do not make me laugh. In Russia, it is now recognized that it makes no sense to restore some cities at all, they are destroyed to such an extent. Mariupol is still mostly black sooty individual walls of multi-storey buildings. Now the Russians are demolishing whole streets of such houses there in order to try to hide the traces of their "liberation". Did the Russians rebuild the Drama Theater, on which they deliberately dropped heavy bombs, knowing that hundreds of women and children were hiding there from shelling?

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April 11, 2023, 06:23:32 AM
 #111


US and it's NATO allies have one rule for Israel and another rule for countries such as Russia and Iran. This amounts to double speak. And take the case of Kosovo. That territory is recognized as a part of Serbia. NATO justified the secession saying that Albanians are a majority in Kosovo and they want to become independent from Serbia. The same argument should be applied to Eastern Ukraine, I guess. The population is mostly Russian speaking and if they want to become part of Russia, then let it be so.
Do you think that now the inhabitants of Eastern Ukraine still want to join Russia? They changed their mind long ago, because they realized that Russia is chaos, devastation, disregard for the rights of residents, death, and so on. What did Russia bring to the Donetsk and Lugansk regions of Ukraine? Destroyed to the foundation of the city and other settlements, because advancing, Russia used the tactics of a fiery shaft and at first the settlement turned into ruins by 90 percent, and only after that the Russians entered there. In the more or less surviving Donetsk and Lugansk, public utilities practically do not work, there is almost no male population left due to constant forced mobilization for war. At the same time, the invaders constantly robbed, raped and killed even the Russian-speaking population. Now they even agree to take an exam on the knowledge of the Ukrainian language, if only not to be part of Russia.
You are lying and this is the usual practice of your behavior on this forum. Residents of the eastern regions of Ukraine voted in a referendum for joining Russia and they are fighting together with the Russian armed forces against the occupying forces of the Armed Forces of Ukraine. As for destruction, this is a common thing in armed conflicts and the liberated territories are being actively restored, for example, Mariupol was practically rebuilt in less than a year.

"You're all lying" is the classic First Chapter of the Russian "propaganda manual". I will ask a question that will drive you into a corner - but prove the opposite, with arguments and real evidence? Smiley
I can even easily prove that your words are a cheap, primitive lie! Easily !
So 3 simple questions:
1. What population of Donetsk and Luhansk regions was before the occupation by Russian terrorists?
2. What is the number of internal migrants from the moment of occupation by Russian terrorists to the holding of pseudo-referendums?
3. How many votes were recorded in pseudo-referendums?

I will not say anything about compliance with the rules and control of the electoral right ... But, it will be enough for everyone - to hear the answers to 3 simple questions Smiley

PS Would you like to talk about how the "referendum" was held in the southern regions temporarily occupied by Russia? With the facts of coercion, threats, and armed "election commissions", which on video recordings, without hiding, indicated to residents, for example, Kherson, who to vote for, and what will happen if you do not vote "correctly" for the occupying authorities?

PS Have you already started learning Chinese? A resident of the future depressive new region of China, called Novokitayshchina? Smiley

The legitimacy of the referendums in the former eastern Ukraine is exactly the same as the legitimacy of the referendum in Kosovo, because the precedent in Kosovo was taken as a basis as an example.

Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.

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April 11, 2023, 06:33:37 AM
 #112

The legitimacy of the referendums in the former eastern Ukraine is exactly the same as the legitimacy of the referendum in Kosovo, because the precedent in Kosovo was taken as a basis as an example.

Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.


And why did you start jumping from the topic of Ukraine to the topic of Kosovo? Smiley Did not like the questions? So expected!
Well, and most importantly - you are trying, as always, to confuse concepts and events. Kosovo was an ethnic autonomous region with its own history. It was not occupied, and a referendum was not held there under the barrels of machine guns and the threat "if you do not vote for the right side, we will kill you." And the Donetsk and Lugansk regions, as well as the Autonomous Republic of Crimea, are integral parts of Ukraine, which is recognized by the entire world community. At the same time, Russia also undertook to ensure the integrity and inviolability of the borders of Ukraine.
At the same time, already today, the Kremlin ghoul, without hiding, says that his goal is the illegal CAPTURE OF FOREIGN TERRITORIES. These are absolutely 2 different stories that you, not very successfully, are trying to pass off as the same thing. You didn’t manage to “push through” this lie either Smiley

By the way - tell me, what happened that after the fake referendum in the terrorist-occupied Crimea, in "free Russia" the next morning, Putin categorically banned any referendums on changing the status of territories? Smiley

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April 11, 2023, 06:43:51 AM
 #113

The legitimacy of the referendums in the former eastern Ukraine is exactly the same as the legitimacy of the referendum in Kosovo, because the precedent in Kosovo was taken as a basis as an example.

Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.


And why did you start jumping from the topic of Ukraine to the topic of Kosovo? Smiley Did not like the questions? So expected!
Well, and most importantly - you are trying, as always, to confuse concepts and events. Kosovo was an ethnic autonomous region with its own history. It was not occupied, and a referendum was not held there under the barrels of machine guns and the threat "if you do not vote for the right side, we will kill you." And the Donetsk and Lugansk regions, as well as the Autonomous Republic of Crimea, are integral parts of Ukraine, which is recognized by the entire world community. At the same time, Russia also undertook to ensure the integrity and inviolability of the borders of Ukraine.
At the same time, already today, the Kremlin ghoul, without hiding, says that his goal is the illegal CAPTURE OF FOREIGN TERRITORIES. These are absolutely 2 different stories that you, not very successfully, are trying to pass off as the same thing. You didn’t manage to “push through” this lie either Smiley

By the way - tell me, what happened that after the fake referendum in the terrorist-occupied Crimea, in "free Russia" the next morning, Putin categorically banned any referendums on changing the status of territories? Smiley

Why don't I jump from Ukraine to Kosovo if, firstly, these are two similar cases in modern European practice, and secondly, we are conducting this dialogue in the topic of the budget deficit in Russia.  Grin

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April 12, 2023, 06:38:39 AM
 #114


Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.
Ukraine is a unitary state and therefore there can be no autonomy in it regarding the structure of state power, the presence of law enforcement agencies with special powers, and so on. What happened to all the autonomies, where the Russians speculate in the Russian language and the Russian-speaking population, we have already seen in the example of the so-called Transnistrian Republic, North Ossetia, and so on. Russia provokes a conflict on the basis of language and under this pretext introduces its troops and promotes its state interests.

  In the situation with the Donetsk and Lugansk regions of Ukraine, the task was somewhat different. Russia wanted to achieve extensive autonomy in these areas with its own authorities, law enforcement and judicial structures and then transfer the destroyed territory back to Ukraine, so that by representing this autonomy in the Verkhovna Rada of Ukraine, blocking Ukraine's entry into the EU and NATO. But the plan of Russia was not destined to come true.

In the future, there may be several state languages in Ukraine, but not the language of the occupier. It is already proposed to introduce, in addition to Ukrainian, English as the second state language. This will forever put an end to possible further Russian aggression on the basis of the Russian language and the Russian-speaking population. By the way, already now the population of Ukraine, including the eastern regions, is voluntarily trying to switch to an exclusively Ukrainian language so as not to experience another "Russian spring" anymore.

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April 12, 2023, 08:42:00 AM
 #115


Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.
Ukraine is a unitary state and therefore there can be no autonomy in it regarding the structure of state power, the presence of law enforcement agencies with special powers, and so on. What happened to all the autonomies, where the Russians speculate in the Russian language and the Russian-speaking population, we have already seen in the example of the so-called Transnistrian Republic, North Ossetia, and so on. Russia provokes a conflict on the basis of language and under this pretext introduces its troops and promotes its state interests.

  In the situation with the Donetsk and Lugansk regions of Ukraine, the task was somewhat different. Russia wanted to achieve extensive autonomy in these areas with its own authorities, law enforcement and judicial structures and then transfer the destroyed territory back to Ukraine, so that by representing this autonomy in the Verkhovna Rada of Ukraine, blocking Ukraine's entry into the EU and NATO. But the plan of Russia was not destined to come true.

In the future, there may be several state languages in Ukraine, but not the language of the occupier. It is already proposed to introduce, in addition to Ukrainian, English as the second state language. This will forever put an end to possible further Russian aggression on the basis of the Russian language and the Russian-speaking population. By the way, already now the population of Ukraine, including the eastern regions, is voluntarily trying to switch to an exclusively Ukrainian language so as not to experience another "Russian spring" anymore.
Wet fantasies of Ukrainian nationalists do not agree well with reality. Ukraine is a multinational state, it has regions with a predominance of ethnic Russians, Poles, Hungarians, Romanians. If Ukraine insists on its unitarity, it may cease to exist as a state altogether due to the strengthening of centrifugal tendencies. What is actually happening now.

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April 12, 2023, 03:28:22 PM
Last edit: April 14, 2023, 07:49:02 AM by concept2
 #116

Source

For some, this might be a surprise since we've been bombarded with news about how sanctions don't work, how Russia is making quadrillions from energy exports, , and many more claims that were simply unbelievable for someone who would know basic economics.

And just as propaganda fades away when hit by reality, so have Russian claims
...
Okay, so let's dive into the tea on Russia's economy. Everyone and their mama has been arguing about it lately. Some people were all like, "nah, the sanctions ain't gonna do nothin'," while others side-eyed Russia's claim that they had a surplus. But, like always, the truth is a hot mess in between those two extremes. Russia claimed they had a surplus, but now they're dealing with a 2.3% deficit 'cause of gas prices taking a dive, people getting laid off, and that whole situation with Ukraine. But here's the kicker, that deficit could be even worse than what they're saying. That's why we need transparency and accountability, y'all.

Bruh, it ain't simple, and we can't fix it with just one quick fix. Some people might say that we need to be more nationalistic, but that won't fix what's really going on with the economy. We need leaders that will actually answer to the people and make real moves to fix things, even if it's tough. 'Cause, let's be real, the alternative is straight-up whack.
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April 12, 2023, 04:02:39 PM
 #117

The legitimacy of the referendums in the former eastern Ukraine is exactly the same as the legitimacy of the referendum in Kosovo, because the precedent in Kosovo was taken as a basis as an example.

Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.

It is precisely because the Kremlin executioner decided to wishful thinking, and you did not understand the history, now wonderful sanctions have been imposed on Russia Smiley
It is precisely for the annexation, precisely for the illegitimate, forced, under threat, and without the admission of international observers, without observing the laws of the country to which these territories belong - SANCTIONS! Smiley

And due to the fact that someone manipulated Kosovo/Ukrainian/legitimately, now we have the following events:

- The well-established scheme for the supply of Russian oil to Asia by the “shadow fleet”, assembled in case of sanctions, has cracked at the seams. The European authorities have tightened control over tankers that raid the coasts of EU countries in order to transfer oil from one ship to another and “hide” from the control of sanctions.
Under scrutiny were both "points" that Russian barrel carriers liked - not far from the Greek Kalamata and near Ceuta, a Spanish enclave on the coast of North Africa.
As a result, according to Reuters, in March the volume of offshore transshipment transactions (ship-to-ship, STS) fell: at Kalamata from 1 million tons to 300 thousand tons, at Ceuta - from 500 thousand tons to 100 thousand.
https://www.portseurope.com/russian-maritime-register-of-shipping-certified-vessels-banned-in-bulgarian-ports/

- Exodus of Western traders from the Russian grain market continues to gain momentum.

Following American Cargill and Canadian Viterra, the two largest international exporters of Russian wheat, the French trading house Louis Dreyfus announced the termination of operations with the Russian Federation.
...
The departure of Louis Dreyfus will leave the Russian grain market without Western participants. Cargill and Viterra, which announced they were halting deliveries last week, controlled 14% of Russian grain exports, and have exported 3.5 million tons of grain since the beginning of last year's agricultural season.
Following the termination of operations, Archer-Daniels-Midland (ADM) thought. The company, which owns a 50% stake in a joint venture with the Rostov holding Aston, is considering how to deal with the business, sources familiar with the situation told Bloomberg.
https://www.moscowtimes.ru/2023/04/03/poslednii-krupnii-zapadnii-treider-uhodit-s-rossiiskogo-rinka-zerna-a38883

- And in general, unexpected news Smiley
Russia turns out to be China's biggest 'hidden' borrower
AidData: Russia received $125 billion in loans from China over 17 years
The largest recipient of "hidden" loans from China for 2000-2017 was Russia - $125 billion. Loans were received mainly by state-owned oil and gas companies on terms close to market terms and against future oil and gas supplies. This is stated in the report of the American research laboratory AidData, dedicated to the PRC program to finance projects abroad.

But everyone screams - "Russia has no external debts" .... Russia has no money, not "no debts"! Smiley

this and much more - all due to the fact that someone does not learn history and confuses situations  Wink

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April 12, 2023, 08:48:27 PM
 #118

The legitimacy of the referendums in the former eastern Ukraine is exactly the same as the legitimacy of the referendum in Kosovo, because the precedent in Kosovo was taken as a basis as an example.

Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.

It is precisely because the Kremlin executioner decided to wishful thinking, and you did not understand the history, now wonderful sanctions have been imposed on Russia Smiley
It is precisely for the annexation, precisely for the illegitimate, forced, under threat, and without the admission of international observers, without observing the laws of the country to which these territories belong - SANCTIONS! Smiley

And due to the fact that someone manipulated Kosovo/Ukrainian/legitimately, now we have the following events:

- The well-established scheme for the supply of Russian oil to Asia by the “shadow fleet”, assembled in case of sanctions, has cracked at the seams. The European authorities have tightened control over tankers that raid the coasts of EU countries in order to transfer oil from one ship to another and “hide” from the control of sanctions.
Under scrutiny were both "points" that Russian barrel carriers liked - not far from the Greek Kalamata and near Ceuta, a Spanish enclave on the coast of North Africa.
As a result, according to Reuters, in March the volume of offshore transshipment transactions (ship-to-ship, STS) fell: at Kalamata from 1 million tons to 300 thousand tons, at Ceuta - from 500 thousand tons to 100 thousand.
https://www.portseurope.com/russian-maritime-register-of-shipping-certified-vessels-banned-in-bulgarian-ports/

- Exodus of Western traders from the Russian grain market continues to gain momentum.

Following American Cargill and Canadian Viterra, the two largest international exporters of Russian wheat, the French trading house Louis Dreyfus announced the termination of operations with the Russian Federation.
...
The departure of Louis Dreyfus will leave the Russian grain market without Western participants. Cargill and Viterra, which announced they were halting deliveries last week, controlled 14% of Russian grain exports, and have exported 3.5 million tons of grain since the beginning of last year's agricultural season.
Following the termination of operations, Archer-Daniels-Midland (ADM) thought. The company, which owns a 50% stake in a joint venture with the Rostov holding Aston, is considering how to deal with the business, sources familiar with the situation told Bloomberg.
https://www.moscowtimes.ru/2023/04/03/poslednii-krupnii-zapadnii-treider-uhodit-s-rossiiskogo-rinka-zerna-a38883

- And in general, unexpected news Smiley
Russia turns out to be China's biggest 'hidden' borrower
AidData: Russia received $125 billion in loans from China over 17 years
The largest recipient of "hidden" loans from China for 2000-2017 was Russia - $125 billion. Loans were received mainly by state-owned oil and gas companies on terms close to market terms and against future oil and gas supplies. This is stated in the report of the American research laboratory AidData, dedicated to the PRC program to finance projects abroad.

But everyone screams - "Russia has no external debts" .... Russia has no money, not "no debts"! Smiley

this and much more - all due to the fact that someone does not learn history and confuses situations  Wink
I read you and think - Lord, how do I even live here in Russia? Then I open a fresh IMF report and see another change in the forecast for Russia for 2023, instead of 0.3% growth, 0.7% growth is now predicted. It's probably not so bad, at least compared to Germany and the UK. Grin

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April 13, 2023, 10:31:08 AM
 #119

I read you and think - Lord, how do I even live here in Russia? Then I open a fresh IMF report and see another change in the forecast for Russia for 2023, instead of 0.3% growth, 0.7% growth is now predicted. It's probably not so bad, at least compared to Germany and the UK. Grin


 Grin Grin Grin


1. This is a FORECAST. The IMF forecast, which, according to the Russians, are "creepy manipulators who speak only for their own benefit." or in this context - the IMF has become a fount of truth and truth? Smiley
2. Even if SUDDENLY the forecast comes true - what do you have to do with the income of the group of Kremlin kleptomaniacs? It will not affect the population in any way. First of all, they will fill their pockets, which are depleted from the sanctions Smiley
3. There is an improvement option, and most likely they had it in mind - Russia will become a region of China Smiley More precisely, it will become OFFICIAL, because now it actually happened, but not officially formalized ...
4. It's strange, but my relatives from Krasnodar and Novosibirsk, for some reason, began to howl around 2020 - either medicines became more expensive, then pensions were small and utility bills were growing, then products were becoming more expensive and worse in quality ... But in 2022 they generally howled from "improvements" in Russia Smiley))
5. Let me return to the forecasts - until recently, Russia predicted "Europe will freeze without Russian gas", "oil and gas will cost $100,500", "sanctions will only benefit - economic growth, incomes, pensions will soon grow", "Ukraine will be taken under full control for 2-3 weeks" and many other equally fabulous forecasts. Do you believe in all fairy tales? You are an adult, and not a very stupid person, and you are led by such fairy tales!? Smiley
6. IMF forecasts - I recommend reading them and comparing them with reality - you can start looking right somewhere from 2010 Smiley
7. I recommend reading the forecasts of the Russian Ministry of Finance - they understand the real picture, but their forecasts are not so fabulous. Although I understand - you choose the best one for yourself Smiley
I’ll add here - the IMF, for example, announces a global recession in 2023, and it will hook many, including Russia. Don't these 2 predictions seem a bit contradictory? Smiley
8. And now we look at the forecasts of 10 large financial institutions involved in forecasts regarding the growth or fall of Ukraine's GDP for 2023-2024. Here is a picture, so visually it is better to perceive


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April 14, 2023, 06:19:49 AM
 #120


Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.
Ukraine is a unitary state and therefore there can be no autonomy in it regarding the structure of state power, the presence of law enforcement agencies with special powers, and so on. What happened to all the autonomies, where the Russians speculate in the Russian language and the Russian-speaking population, we have already seen in the example of the so-called Transnistrian Republic, North Ossetia, and so on. Russia provokes a conflict on the basis of language and under this pretext introduces its troops and promotes its state interests.

  In the situation with the Donetsk and Lugansk regions of Ukraine, the task was somewhat different. Russia wanted to achieve extensive autonomy in these areas with its own authorities, law enforcement and judicial structures and then transfer the destroyed territory back to Ukraine, so that by representing this autonomy in the Verkhovna Rada of Ukraine, blocking Ukraine's entry into the EU and NATO. But the plan of Russia was not destined to come true.

In the future, there may be several state languages in Ukraine, but not the language of the occupier. It is already proposed to introduce, in addition to Ukrainian, English as the second state language. This will forever put an end to possible further Russian aggression on the basis of the Russian language and the Russian-speaking population. By the way, already now the population of Ukraine, including the eastern regions, is voluntarily trying to switch to an exclusively Ukrainian language so as not to experience another "Russian spring" anymore.
Wet fantasies of Ukrainian nationalists do not agree well with reality. Ukraine is a multinational state, it has regions with a predominance of ethnic Russians, Poles, Hungarians, Romanians. If Ukraine insists on its unitarity, it may cease to exist as a state altogether due to the strengthening of centrifugal tendencies. What is actually happening now.
As Wikipedia says: a unitary state is a form of government in which the state does not include any state entities with elements of sovereignty, and its constituent administrative-territorial units are subordinate to single central authorities.
 
This form of government does not at all contradict the multinationality in this state. Now almost any state is multinational, because in open civilized states, thanks to the current technical progress, people of all races and nationalities move freely. And this does not mean at all that the representatives of all nations in each state must necessarily have separate elements of their sovereignty.

Although Russia is a federation according to the Constitution, in fact it is more suitable for the classification of a unitary state, since the nations and nationalities representing it do not have any real rights. Moreover, now Russia is more like a monarchy, which is single-handedly ruled by the monarch - Putin. He makes sole important decisions, and all other state democratic institutions are actually subordinate to him. The central government rests on repressive law enforcement agencies that suppress any dissent. So, in fact, only Putin and several other persons close to him made the decision to invade Ukraine militarily. And to go out into the streets with slogans for peace and against war, for this any citizen faces a long prison term.

But failures in the war against Ukraine inevitably cause centrifugal tendencies, and it is precisely this that Russia should be afraid of in the near future.

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April 15, 2023, 11:28:47 AM
Merited by stompix (1)
 #121

Under the howl from the Kremlin, from the words "sanctions are for our benefit, enter everything at once", to hysteria - "cancel the sanctions - it's not fair", we get acquainted "with stability in the Russian way" Smiley

- No dollars, no yuan: China refused to import cash into Russia. “Friendly” states, following the “unfriendly” ones, refuse to import cash currency into Russia, Dmitry Tulin, First Deputy Chairman of the Central Bank of the Russian Federation, said on Wednesday.
According to him, we are talking, in particular, about the Chinese yuan, whose share in the foreign trade turnover of the economy increased by more than 30 times over the past year.
Although the yuan has become the leader in terms of trading volume on the Moscow Exchange, and China has become Russia's largest trading partner, the Chinese Central Bank, according to Tulin, "does not welcome" the circulation of cash yuan abroad.
As a result, according to the official, the central bank does not have the opportunity to ease restrictions on the withdrawal of cash currency from the accounts of individuals: dollars and euros are prohibited from being imported due to sanctions, and other currencies are also not received.
https://www.moscowtimes.ru/2023/04/05/ni-dollarov-ni-yuanei-kitai-otkazalsya-zavozit-v-rossiyu-nalichnuyu-valyutu-a39198

- The largest recipient of "hidden" loans from China in 2000-2017 was Russia - $125 billion. Loans were received mainly by state-owned oil and gas companies on terms close to the market.

- The largest logistics company in China has stopped shipments to Russia of a number of product categories. OOCL cites sanctions as the reason for the refusal.

- The Central Bank stated the collapse of the inflow of foreign currency into Russia to a minimum for 7 years. The river of energy surpluses that flowed into Russia amid soaring commodity prices continues to rapidly dwindle.

According to the results of the first quarter of 2023, the net inflow of foreign currency into the Russian Federation decreased by almost 4 times, to $18.6 billion - this is the amount the Central Bank estimated the surplus of the current account of the balance of payments (the difference between the main currency flows into and out of the country).

Export revenues sank by a third, to $100.8 billion, while import spending returned to pre-war levels of $71.8 billion. As a result, the foreign trade surplus shrank to $29 billion and was $54 billion less than in January-March last year.
https://www.moscowtimes.ru/2023/04/12/tsb-konstatiroval-obval-pritoka-valyuti-v-rossiyu-do-minimuma-za-7-let-a39832

- And a little selective humor Smiley))

Mishustin demanded to urgently invent technologies instead of Western ones. Russia needs to “ensure a high degree of independence” as soon as possible from foreign technologies and engineering solutions, access to which was closed by sanctions for the war in Ukraine. This was announced by Prime Minister Mikhail Mishustin on Tuesday, Interfax reports.
https://www.moscowtimes.eu/2023/04/11/mishustin-potreboval-srochno-izobresti-tehnologii-vmesto-zapadnih-a39742

Those. for 20 years of a well-fed life, Russia did not know how to make nails, and the technology of sticking the Moskvich nameplate on a Chinese car became the highest limit of Russian technologies, and then take it and urgently invent everything! Clowns Smiley


PS yes. Have you noticed - how have recently been activated, synchronously, "writers" on the topic "the world is abandoning the dollar"?
Moreover, the variability is wide - from "the BRICS countries are abandoning the dollar", to "the WHOLE world is abandoning the dollar" and even - "all countries are draining the dollar and buying gold."
True, when checking "information" it turns out that these are all "wet fantasies"
Guess what it's for? Smiley))

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April 17, 2023, 09:25:57 AM
 #122

PS yes. Have you noticed - how have recently been activated, synchronously, "writers" on the topic "the world is abandoning the dollar"?
Moreover, the variability is wide - from "the BRICS countries are abandoning the dollar", to "the WHOLE world is abandoning the dollar" and even - "all countries are draining the dollar and buying gold."
True, when checking "information" it turns out that these are all "wet fantasies"
Guess what it's for? Smiley))
Would the US Treasury Secretary lie? Yellen says sanctions may risk hegemony of US dollar.

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April 17, 2023, 11:12:41 AM
 #123

....
Would the US Treasury Secretary lie? Yellen says sanctions may risk hegemony of US dollar.

Well, she has the right to say anything Smiley But this is "the assumption of a negative scenario", this is not a fact.
"Of course, China, Russia and Iran have a desire to find an alternative" - and this becomes the RMB, on which China, as a drug dealer, puts Iran, Russia and other "guinea pigs" in order to later become their economic owner Smiley


And here are examples of FACTS:

- The share of Russia in space launches in the world has collapsed to a historical minimum. In 2022, Russia made only 22 launches, which is three less than a year earlier. As a result, Russia's share in the global number of launches fell to a historic low of 12%.
This is a fact that is calculated on the basis of data from Roscosmos and the Ministry of Defense

- The State Duma proposed to oblige the Russians to deduct 2 thousand rubles for the war every month. It will become a reality soon Smiley

- Deliveries of Russian Urals oil to offshore transshipments (ship-to-ship, STS) off the coast of the EU countries fell sharply in March amid growing concern from European authorities about sanctions restrictions, as well as weakening ice conditions in Russian ports, according to traders and Refinitiv Eikon . Thus, deliveries of Urals to one of the main points for STS operations, near the Greek Kalamata, fell to below 0.3 million tons in March against about 1 million tons per month in January-February.
https://www.moscowtimes.ru/2023/04/03/postavki-rossiyskoy-nefti-urals-na-reydovye-perevalki-v-evrope-upali-v-marte-treydery-refinitiv-a38884

- Two major Western traders announced a boycott of Russian grain

- The Ministry of Defense announced the start of military registration through the "Gosuslugi" contrary to the promise of the State Duma. Haven't you received your summons yet? Smiley

- One of the largest banks in the UAE began to block the accounts of Russians. Russia's largest Middle Eastern "offshore", where wealthy citizens massively transferred assets in an attempt to hide from Western sanctions, has ceased to be a "safe haven" for money of Russian origin.
The second largest bank in the United Arab Emirates - Emirates NBD (ENBD) - began to block investment accounts of clients from the Russian Federation, Forbes reports, citing sources familiar with the situation.

https://www.moscowtimes.ru/2023/04/14/odin-iz-krupneishih-bankov-oae-nachal-blokirovat-scheta-rossiyan-a40060

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April 19, 2023, 07:14:29 AM
 #124

....
Would the US Treasury Secretary lie? Yellen says sanctions may risk hegemony of US dollar.

Well, she has the right to say anything Smiley But this is "the assumption of a negative scenario", this is not a fact.
This fact is easy to verify.
Quote
In a Monday note, strategists Joana Freire and Stephen Jen calculated that the greenback accounted for about two-thirds of total global reserves in 2003, then 55% by 2021, and 47% last year.

"This 8% decline in one year is exceptional, equivalent to 10 times the average annual pace of erosion in the USD's market share in the prior years," the authors said.

The drop-off in the dollar's standing as a reserve currency accelerated since the start of the war in Ukraine in particular.

"Exceptional actions" — namely sanctions taken by the US and its allies against Moscow — made many nations less willing to hold on to the dollar, the report said.

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April 19, 2023, 06:18:05 PM
 #125

~~snip
These type of stuff will continue as long as Russia keeps on trying to take land from Ukraine, and not like Ukraine is giving up anytime soon but Russia (or Putin in this case) can't say "oh well we lost, have your lands" and just withdraw from there, it is a do or die situation for them that is slowly becoming die or die.

Either they will accept defat and that would be horrible for them and they will get lesser and lesser sanctions and do better, which they won't because they do not accept defeat, or they will just continue to attack and maybe they will get those lands, but sanctions will be even harder so they won't be winning anything. So there is absolutely no way to get out of this for them, it will just get worse and worse.

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April 22, 2023, 10:53:03 AM
Merited by DrBeer (1)
 #126

~~snip
These type of stuff will continue as long as Russia keeps on trying to take land from Ukraine, and not like Ukraine is giving up anytime soon but Russia (or Putin in this case) can't say "oh well we lost, have your lands" and just withdraw from there, it is a do or die situation for them that is slowly becoming die or die.

Either they will accept defat and that would be horrible for them and they will get lesser and lesser sanctions and do better, which they won't because they do not accept defeat, or they will just continue to attack and maybe they will get those lands, but sanctions will be even harder so they won't be winning anything. So there is absolutely no way to get out of this for them, it will just get worse and worse.
After many decades of glorifying its own military power, in Russia, of course, it will not immediately come to terms with a military defeat in Ukraine. In addition, Russian propaganda is still trying to distort the objective situation about the course of this war, and even individual major defeats are passed off as their successes. But if at the beginning of the war Russia demanded that NATO return to the 1997 framework in terms of the number of members of this alliance, then they have even come to terms with the fact that they have an additional 1,300 kilometers of a new NATO border represented by Finland.

Gradually, even ordinary Russians will realize that their nation is not so great and invincible. This will be a great disappointment, which may be accompanied by riots and civil war. Indeed, for the sake of this greatness, they were obliged for a long time to live without normal amenities and endure hardships.

Ukraine will no longer cede its territories. And the propaganda of the Kremlin has already gradually begun to prepare its society for this.

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April 22, 2023, 11:05:29 AM
 #127

~~snip
These type of stuff will continue as long as Russia keeps on trying to take land from Ukraine, and not like Ukraine is giving up anytime soon but Russia (or Putin in this case) can't say "oh well we lost, have your lands" and just withdraw from there, it is a do or die situation for them that is slowly becoming die or die.

Either they will accept defat and that would be horrible for them and they will get lesser and lesser sanctions and do better, which they won't because they do not accept defeat, or they will just continue to attack and maybe they will get those lands, but sanctions will be even harder so they won't be winning anything. So there is absolutely no way to get out of this for them, it will just get worse and worse.

Yes, the ongoing conflict between Russia and Ukraine has been a point of tension for years, and resulted in various economic sanctions against Russia. These sanctions had a significant impact on the Russian economy, and as a result, the country posted a high deficit. The situation appeared to be deadlocked, with neither side willing to give up. It remains to be seen how the conflict will be resolved, but it is clear that the sanctions will continue to impact the Russian economy.

I think  the impact of sanctions on Russia's economy is a complex issue, and their effectiveness will depend on a variety of factors, including the nature and scope of the sanctions, the resilience of the targeted economy, and the political will of the country being sanctioned to make necessary changes.

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April 22, 2023, 11:31:43 AM
 #128

"Sanctions only benefit us. Enter everything at once!" (c) Putin Smiley

  - The Central Bank stated that the withdrawal of cash currency will be limited until it starts arriving in the Russian Federation. Restrictions on the withdrawal of cash in the Russian Federation cannot be lifted due to the fact that it does not enter the country, said Dmitry Tulin, First Deputy Chairman of the Central Bank of the Russian Federation.
"If someone brings tens, hundreds of billions worth of cash dollars and euros into the country... There are no restrictions (on the import of cash currency - IF). They are not supplied to us, moreover, friendly or neutral states do not welcome their conversion cash currency abroad," Tulin said at a meeting of the working group in the State Duma.

- The Ministry of Defense of the Russian Federation announced that it had taken control of three quarters in Bakhmut. The second army of the world, 9 (!!!!) months can not capture 1 small town in Ukraine! SECOND PEACE ARMY Smiley))))

- "Students, sick people, parents of three children are being called in": Russians are receiving massive summonses to go to war with Ukraine.

- Large Russian business was given six months to collect 300 billion rubles for the war. The "voluntary-compulsory" contribution to the budget must be paid by October-November. Otherwise, its size will double. Smiley

- The G7 nuclear powers agreed to cut Russia out of the world uranium market. Great Britain, the United States, Canada, Japan and France have created an alliance whose goal is to "undermine Russia's control" over the fuel supply chain for nuclear power plants. Russia has lost customers for hydrocarbons, and now it will also lose the nuclear fuel market

- Things are so good in the Russian economy that "Russian regions are on the brink of a budget crisis: every third entity is faced with a tax shortage. In five regions, there is a complete budget collapse: revenues have fallen by 30-50%."

And my favorite topic is about "unparalleled technologies of Russia, which is the envy of the whole West" Smiley))

An attempt by the Russian aviation industry to establish the production of parts for the engines of SSJ-100 aircraft has reached a dead end.
Although more than a year has passed since the breakup of relations with the French company Safran, Rostec still has not been able to adjust the production of fuel filters, the shortage of which threatens to "ground" the entire fleet of "superjets" in Russia.
There are no engines, no avionics... Just FUEL FILTERS Smiley

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May 01, 2023, 04:23:08 AM
Last edit: May 01, 2023, 04:38:27 AM by be.open
 #129

"Sanctions only benefit us. Enter everything at once!" (c) Putin Smiley
You seem to find this statement paradoxical and meaningless. This indicates the extreme limitation of your consciousness and your inability to see obvious things a little further than your nose. See what happens when a country or alliance imposes economic sanctions on another country. In the short term, both sides suffer from the imposed sanctions - well-established economic ties are torn, the seller loses the sales market, and the buyer loses the opportunity to buy the right product in the usual way and at the same price. It's easy to understand. More interesting things happen next, depending on the type of reaction of the sanctioned country to the imposed sanctions. Let's look at these types of reactions in more detail, with examples.
1. A country may decide that it no longer needs a sanctioned product, is not necessary for normal life, and simply refuse it. For example, from luxury goods. This will lower the quality of life of the population, but not in a critical way. The country that imposed the sanctions will also continue to suffer from the loss of a sales market.
2. The country can establish "parallel imports" of sanctioned goods through intermediaries. For example cars. This will lead to an increase in the cost of sanctioned goods for the population due to more complex logistics and payment for intermediary services. The country that imposed the sanctions will suffer less, because the lost sales market will recover, but not completely - the higher price for end consumers will make goods imported under the parallel import scheme less competitive.
3. The country can establish its own production of sanctioned goods. For example, before the annexation of Crimea in 2014, Russia was a food importer, and after the sanctions imposed on it, it increased its own production many times over and is now the largest food exporter in the world. Countries that imposed sanctions continued to suffer from the loss of markets.

These types of reactions to economic sanctions can be combined. It is easy to see that a country that imposes economic sanctions, to one degree or another, always continues to suffer from the loss of production volume and sales market. A sanctioned country, on the other hand, suffers only in the short term, and depending on the type of its response to the sanctions imposed against it. And with the right response, in a more or less long-term perspective, external economic sanctions are beneficial for it, helping to develop its own production or forcing it to abandon excesses, moving to a more reasonable and conscious consumption model.

I do not think that the United States, as the initiator and developer of the sanctions campaign against Russia, is so infected with the virus of idiocracy that it does not understand such simple and self-evident things - they understand everything perfectly. The puzzle comes together if we assume that this campaign is directed not primarily against Russia, but against Europe, which is the main victim in this story. At the same time, the United States achieves two goals at once - they temporarily weaken Russia and destroy their main competitor, trying to save their own economy from collapse. Good job. Grin

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May 01, 2023, 09:49:37 AM
 #130

I'm not sure if you have read the article or not, but it looks like you are trying to get a sense of reality out of the fact that Russia is to me that Russia is one of the biggest oil exporters of all time, and that is a good thing for Russia as a whole. 
 
Russia is not a threat to the world, but it is a threat to the people of the world. 
 
If you look at the economy of Russia, it is very similar to that of the U.S. dollar, which is much more dependent on oil than it is on oil. 
 
The Russian economy is not the same as the U.S. dollar, but it is the same in terms of production and consumption. 
 
In my opinion, Russia is the most powerful country in the world right now, and it is the most powerful country in the world right now. 
 
It is not surprising at all, but it is very difficult to predict the future of Russia in the near future.
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May 10, 2023, 08:23:06 AM
Last edit: May 10, 2023, 08:38:56 AM by DrBeer
 #131

"Sanctions only benefit us. Enter everything at once!" (c) Putin Smiley
You seem to find this statement paradoxical and meaningless. This indicates the extreme limitation of your consciousness and your inability to see obvious things a little further than your nose.
...


Does dissonance bother you? Simple, ordinary dissonance? You described everything beautifully, just like in Russia it is customary to present your failures as heroic and correct steps Smiley

But if everything is as you wrote - why is the Foreign Ministry, and the top of the Kremlin squeals that the sanctions are not fair, they ask to be canceled, they knock on the table with their fists and ... drastically reduce social programs and lower the standard of living of Russians? Or is it useful? So maybe you are not quite all right with a breadth of views, but do you have a rich imagination? Smiley

Just a few facts from 2023, about the "successes of Russia", and of course my narrow outlook and not understanding the benefits Smiley
All sanctions have not yet been introduced, as the Kremlin Fuhrer wanted, they were introduced a little more than half a year ago ... And now:
- The federal budget deficit in the first ten days of March exceeded the figure set for the whole year. This was stated by Prime Minister Mikhail Mishustin, speaking with the annual report of the government in the State Duma, writes RBC.
According to Mishustin, as of early March, budget revenues amounted to 3 trillion rubles, expenses - 6.3 trillion rubles, and a deficit - 3.3 trillion rubles.
https://www.rbc.ru/economics/23/03/2023/641c52c89a79477c8ab0fa50
- 30% of the RF budget is SECRET

... but according to you, everything is ideal in Russia and even better than it was before, but the West has real problems Smiley By the way, what happened to the freezing of the EU? Well, without Russian gas and oil? Still, the whole industry collapsed there and all the companies closed and went bankrupt?! Smiley

It seems to be 2 points, but they contain all the fakeness of your arguments Smiley

UPD  Grin
Just stumbled upon it right now Smiley
Six regions of Russia have exhausted the remaining budget reserves and entered 2023 with a complete or almost complete lack of funds in their accounts. According to RBC, analysts of Expert RA came to this conclusion after analyzing the data of the Electronic Budget portal.
Thus, in the fourth quarter, the Tyumen region missed every second ruble of taxes: fees fell by 48.9%. The income of the Krasnoyarsk Territory fell by 39%, the Murmansk Region - by 33%, Khakassia - by 32%, the Kemerovo Region - by 30%.


PS Your concept is very reminiscent of the ideology of the USSR to me: living well is bad. Poverty is not a vice. In the West, everything is plentiful and cheap, but they have no soulfulness. So what if we live badly, but stable Grin


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May 10, 2023, 09:43:05 AM
 #132

I'm not sure if you're referring to the fact that Russia is trying to get rid of the sanctions imposed by the U.S. and other countries.
 
The sanctions are aimed at Russia, not the United States.
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May 18, 2023, 01:24:08 PM
 #133

And here we are again, right after being told that the deficit was a fluke, that it's some state business with taxes and other bla bla that the deficit will be covered, and that Russia's economy will keep grow when in reality:

Russia Budget Deficit Hits $45 Billion, Exceeding Full-Year Goal
https://www.bloomberg.com/news/articles/2023-05-11/russia-budget-gap-hits-45-billion-exceeding-full-year-goal

Russia's Economy Contracts 1.9% In First Quarter
https://uk.finance.yahoo.com/news/russian-economy-shrank-1-9-161523790.html

Love how Europe is sinking although it records growth while Russia becomes a superpower while in a complete recession.
But, yeah, reality and propaganda can't show the same picture, ever!!!!

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May 19, 2023, 07:58:19 PM
Merited by DrBeer (1)
 #134



I think  the impact of sanctions on Russia's economy is a complex issue, and their effectiveness will depend on a variety of factors, including the nature and scope of the sanctions, the resilience of the targeted economy, and the political will of the country being sanctioned to make necessary changes.

According to The Moscow Times, Russian Finance Minister Anton Siluanov, at a meeting with Putin, spoke about problems with filling the Russian budget, which can no longer be hidden.

According to the Ministry of Finance, in the first four months of this year, oil and gas tax revenues halved at once - to 2.3 trillion rubles, while total revenues fell by 22% - to 7.8 trillion rubles. Russian budget expenditures turned out to be 1.4 times higher than revenues. This led to the fact that the treasury deficit as of the beginning of May amounted to 3.4 trillion rubles.

Siluanov acknowledged that the reduction in raw material revenues was caused by the current situation on the market and the discounts that Russian oil companies are forced to make for customers. The Russian authorities planned that the budget deficit for the current year would be 2% of GDP (2.9 trillion rubles). This number is in the law. However, analysts predict that in reality the hole could reach 4% of GDP (4-5 trillion rubles).

Meanwhile, gas prices in Europe have fallen to the region of $360 per thousand cubic meters. These are no longer just pre-war levels, the current price is 10 times lower than the peak values observed in 2022.

The situation for Russia will continue to deteriorate exponentially, as the fall has affected all spheres of life in this aggressive country. And there is no quick way out of this situation.

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May 19, 2023, 09:56:00 PM
 #135

And here we are again, right after being told that the deficit was a fluke, that it's some state business with taxes and other bla bla that the deficit will be covered, and that Russia's economy will keep grow when in reality:

Russia Budget Deficit Hits $45 Billion, Exceeding Full-Year Goal
https://www.bloomberg.com/news/articles/2023-05-11/russia-budget-gap-hits-45-billion-exceeding-full-year-goal

Russia's Economy Contracts 1.9% In First Quarter
https://uk.finance.yahoo.com/news/russian-economy-shrank-1-9-161523790.html

Love how Europe is sinking although it records growth while Russia becomes a superpower while in a complete recession.
But, yeah, reality and propaganda can't show the same picture, ever!!!!


I have to say that -1.9% is not a critical decrease and by no means can be called a collapse.

Quote
(Reuters) - Russia's economy shrank 1.9% year-on-year in the first quarter of 2023, data from the Rosstat federal statistics service showed on Wednesday, following growth of 3% in the same period of last year.

Besides, it seems that in the last year they still showed some growth being under sanctions already. It mean in the last 2 years Russia's economy has in fact gone up 1.1%. Which is not that bad, taking into account that economies of many EU countries have contracted by similar %. Europe's biggest economy - Germany is forecasted to contract by 0.6 percent, Latvia, by 0.3 percent, and Sweden, by 0.6 percent. Most other EU countries are either at 0% growth or some tiny growth (less than 1%).
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May 20, 2023, 06:25:30 AM
 #136

And here we are again, right after being told that the deficit was a fluke, that it's some state business with taxes and other bla bla that the deficit will be covered, and that Russia's economy will keep grow when in reality:

Russia Budget Deficit Hits $45 Billion, Exceeding Full-Year Goal
https://www.bloomberg.com/news/articles/2023-05-11/russia-budget-gap-hits-45-billion-exceeding-full-year-goal

Russia's Economy Contracts 1.9% In First Quarter
https://uk.finance.yahoo.com/news/russian-economy-shrank-1-9-161523790.html

Love how Europe is sinking although it records growth while Russia becomes a superpower while in a complete recession.
But, yeah, reality and propaganda can't show the same picture, ever!!!!

Now I will tell you that the budget deficit in Russia is very good. Grin

It sounds paradoxical, but if you understand economics at least a little deeper than at a primitive philistine level, then you will agree with me. In general, it is not clear how the Russian economy demonstrated GDP growth in past years, given the very tight monetary policy of the Central Bank of Russia and the savings model of the Government's behavior. Now last year’s surge in inflation after the imposition of sanctions has been curbed, the current inflation rate in Russia has been below the Central Bank’s target level of 4% for two months already (and lower than in any of the EU countries and in the United States), and the Central Bank has significantly softened its rhetoric and monetary policy, in other words stopped raising the key rate, began to give signals about its possible reduction and began to increase the money supply. For Russia, which lives in conditions of a chronic shortage of the money supply, this is like life-giving rain after a drought!

The existing global metric for calculating nominal GDP is designed in such a way that GDP growth is possible almost only with a budget deficit. This is a feature of the Western paradigm of the advanced consumption society and the debt-based economy - if you do not have a budget deficit, you have nothing else to grow on. This is a bit exaggerated, but economic indicators fit this paradigm. I mean, there is nothing surprising in the fact that every quarter the world forecasts for the Russian economy are revised upwards. And it will not be surprising if in a year or two the Russian economy makes an impressive jump to double digits precisely against the background of the current anomalously large budget deficit for Russia, which has already become accustomed to a sustained budget surplus.

For reference: The National Wealth Fund of Russia allows you to completely close the budget deficit of 20% within three years without external or internal borrowing.

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May 20, 2023, 11:08:57 AM
 #137

One of my favorite topics. HERE it is very interesting to watch some characters who realize in reality what is called "cognitive dissonance" Smiley This is when you see that everything in the country is collapsing, but you cheerfully talk about SUCCESS Smiley

I repeat once again - the best phrase describing the situation in Russia today: "things on the collective farm were not bad, one might even say good, but every day it gets worse and worse." The only thing I'm not sure that I could convey the meaning by literally translating the phrase.

Well, to consolidate reality, and for lovers of Russian propaganda, where the phrase works - "a fall is actually an increase, albeit negative, but GROWTH!" Smiley

So, the new "successes" of Russia:
- The national project "Demography" worth 4 trillion rubles, appeals to traditional values and calls to have children, voiced by officials up to the president, were powerless to pull Russia out of the demographic hole.
“Demography is where we have failed so far. And indeed, <…> we are now in a very difficult situation in terms of demographics,” Kremlin spokesman Dmitry Peskov said at a briefing on Friday.
https://www.moscowtimes.eu/2023/05/19/u-nas-ne-poluchaetsya-v-kremle-konstatirovali-proval-popitok-ugovorit-rossiyan-rozhat-detei-a43433

- China has offered a military alliance to Kazakhstan and four other countries of the former USSR. Xi Jinping met with the leaders of 5 Central Asian countries and offered defense cooperation and billions of yuan in aid.
Guess - this is a defense against whom? And note - China did not offer Russia to join this union! Guess why? Smiley

- Belgorod residents asked the authorities to give them weapons on the eve of the counteroffensive of the Armed Forces of Ukraine. The men turned to the governor and the Ministry of Internal Affairs with a request to give them weapons in order to protect their families. In defense of the Russian army and the Defense Ministry, they do not believe, which is logical.
https://twitter.com/Igor12066848/status/1659579661326721025?s=20
PS Belgorod is a Russian city that Russia itself periodically bombs! Smiley

- The proposal to ban the import of Russian uranium has received support in the US Congress.

- Every day, the Russian military machine "eats" about 30 billion rubles - an amount comparable to what the poorest regions collect in the treasury in a year. For example, the income of the Jewish Autonomous Region in 2023 is set at the level of 19.3 billion rubles, Kalmykia - 24.9 billion rubles, Ingushetia - 35.9 billion rubles.

- and of course about the "second army of the world" and its "successes". About the army that on its knees begged drones from Iran for terrorism: Russia attacked Kyiv for the eleventh time since the beginning of May. A total of 18 Shahed kamikaze drones were launched. All of them were shot down, no one was injured, the Air Force of Ukraine reported Smiley

PS This is the special forces of Eritrea, the OFFICIAL strategic partner of Russia. Yes, Russia now has only such partners Smiley
https://twitter.com/Igor12066848/status/1659798175064940544?s=20

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May 20, 2023, 06:53:47 PM
 #138

One of my favorite topics. HERE it is very interesting to watch some characters who realize in reality what is called "cognitive dissonance" Smiley This is when you see that everything in the country is collapsing, but you cheerfully talk about SUCCESS Smiley
Do you also think that a budget deficit is bad? Your beloved US and every G7 country has been running chronic budget deficits for years. Or is it different?

By itself, the budget deficit is not very good, you have to be able to live within your means. But at the macroeconomic level, the budget deficit is rather the norm. Nobody likes a recession (although there is nothing wrong with a recession, the processes in the economy are usually cyclical) and governments artificially stimulate economic growth by spending more than they earn. And they also stimulate their own citizens, the savings model of behavior again provokes a recession. Therefore, there is no need to dramatize the current budget deficit in Russia, especially since part of it is purely technical in nature (the government now has a trillion rubles of undistributed income - these are still the consequences of the winter transition to a single tax account). But if economic growth indicators matter to you, then the current budget deficit is definitely a success, because it will directly lead to an increase in the percentage of GDP growth in the foreseeable future and right now.

That is why Biden cannot agree on an increase in the debt ceiling - the Republicans are demanding spending cuts, and this will immediately lead to a recession, which is extremely disadvantageous for Biden before the elections. Economic growth is not determined by how much you earn, but by how much you spend.

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May 20, 2023, 09:21:25 PM
 #139

One of my favorite topics. HERE it is very interesting to watch some characters who realize in reality what is called "cognitive dissonance" Smiley This is when you see that everything in the country is collapsing, but you cheerfully talk about SUCCESS Smiley
Do you also think that a budget deficit is bad? Your beloved US and every G7 country has been running chronic budget deficits for years. Or is it different?

By itself, the budget deficit is not very good, you have to be able to live within your means. But at the macroeconomic level, the budget deficit is rather the norm. Nobody likes a recession (although there is nothing wrong with a recession, the processes in the economy are usually cyclical) and governments artificially stimulate economic growth by spending more than they earn. And they also stimulate their own citizens, the savings model of behavior again provokes a recession. Therefore, there is no need to dramatize the current budget deficit in Russia, especially since part of it is purely technical in nature (the government now has a trillion rubles of undistributed income - these are still the consequences of the winter transition to a single tax account). But if economic growth indicators matter to you, then the current budget deficit is definitely a success, because it will directly lead to an increase in the percentage of GDP growth in the foreseeable future and right now.

That is why Biden cannot agree on an increase in the debt ceiling - the Republicans are demanding spending cuts, and this will immediately lead to a recession, which is extremely disadvantageous for Biden before the elections. Economic growth is not determined by how much you earn, but by how much you spend.
Everything is a little different. According to Reuters, Russia spent 525.4 billion rubles from its budget on "national defense" in January and February 2022. However, in the first two months of 2023, the Russian government spent 2 trillion rubles, or $26 billion, on defense. According to experts, these funds were directed to the war against Ukraine. In addition, they were supposed to mitigate the impact of Western sanctions on the Russian economy.
At the same time, Russia budgeted for 2023 spending in the amount of 4.98 trillion rubles. But almost 40% of them have already spent in the first 2 months of the year.
Also, according to analysts, the defense spending of the aggressor country in January and February 2023 amounted to 36.2% of total budget spending. This is almost twice as much spending on social programs and almost four times as much - on the "national economy". Do you think this is very good for Russia?

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May 21, 2023, 07:01:02 AM
 #140

One of my favorite topics. HERE it is very interesting to watch some characters who realize in reality what is called "cognitive dissonance" Smiley This is when you see that everything in the country is collapsing, but you cheerfully talk about SUCCESS Smiley
Do you also think that a budget deficit is bad? Your beloved US and every G7 country has been running chronic budget deficits for years. Or is it different?

By itself, the budget deficit is not very good, you have to be able to live within your means. But at the macroeconomic level, the budget deficit is rather the norm. Nobody likes a recession (although there is nothing wrong with a recession, the processes in the economy are usually cyclical) and governments artificially stimulate economic growth by spending more than they earn. And they also stimulate their own citizens, the savings model of behavior again provokes a recession. Therefore, there is no need to dramatize the current budget deficit in Russia, especially since part of it is purely technical in nature (the government now has a trillion rubles of undistributed income - these are still the consequences of the winter transition to a single tax account). But if economic growth indicators matter to you, then the current budget deficit is definitely a success, because it will directly lead to an increase in the percentage of GDP growth in the foreseeable future and right now.

That is why Biden cannot agree on an increase in the debt ceiling - the Republicans are demanding spending cuts, and this will immediately lead to a recession, which is extremely disadvantageous for Biden before the elections. Economic growth is not determined by how much you earn, but by how much you spend.
Everything is a little different. According to Reuters, Russia spent 525.4 billion rubles from its budget on "national defense" in January and February 2022. However, in the first two months of 2023, the Russian government spent 2 trillion rubles, or $26 billion, on defense. According to experts, these funds were directed to the war against Ukraine. In addition, they were supposed to mitigate the impact of Western sanctions on the Russian economy.
At the same time, Russia budgeted for 2023 spending in the amount of 4.98 trillion rubles. But almost 40% of them have already spent in the first 2 months of the year.
Also, according to analysts, the defense spending of the aggressor country in January and February 2023 amounted to 36.2% of total budget spending. This is almost twice as much spending on social programs and almost four times as much - on the "national economy". Do you think this is very good for Russia?
Damn it, of course this is very good for Russia. Loading the military-industrial complex with 100% orders, forcing the defense industry to work in three shifts around the clock and seven days a week - this is the backbone thanks to which the Russian economy did not fall to pieces when turning from the West to the South and East. This is a great, perhaps the best, way to inject money into the economy without causing inflation to spike. In fact, money is just a material equivalent of life force, and Russia has a huge energy surplus, it has to be spent somewhere. And a controlled armed conflict on foreign territory is an ideal option, first destroy everything there, and then rebuild everything anew - a double profit.

The conflict in Ukraine is beneficial to the United States, Russia, India and China. Unfavorable for energy-deficient Europe and Ukraine itself. This is in short.

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May 21, 2023, 07:19:22 AM
 #141

One of my favorite topics. HERE it is very interesting to watch some characters who realize in reality what is called "cognitive dissonance" Smiley This is when you see that everything in the country is collapsing, but you cheerfully talk about SUCCESS Smiley
Do you also think that a budget deficit is bad? Your beloved US and every G7 country has been running chronic budget deficits for years. Or is it different?

By itself, the budget deficit is not very good, you have to be able to live within your means. But at the macroeconomic level, the budget deficit is rather the norm. Nobody likes a recession (although there is nothing wrong with a recession, the processes in the economy are usually cyclical) and governments artificially stimulate economic growth by spending more than they earn. And they also stimulate their own citizens, the savings model of behavior again provokes a recession. Therefore, there is no need to dramatize the current budget deficit in Russia, especially since part of it is purely technical in nature (the government now has a trillion rubles of undistributed income - these are still the consequences of the winter transition to a single tax account). But if economic growth indicators matter to you, then the current budget deficit is definitely a success, because it will directly lead to an increase in the percentage of GDP growth in the foreseeable future and right now.

That is why Biden cannot agree on an increase in the debt ceiling - the Republicans are demanding spending cuts, and this will immediately lead to a recession, which is extremely disadvantageous for Biden before the elections. Economic growth is not determined by how much you earn, but by how much you spend.

What a great topic, thanks for the reminder! Smiley
Let's look at what a budget deficit is and how it manifests itself? ?
So - "Budget deficit" is the excess of budget expenditures over its revenues. Those. impossibility to fulfill some of the planned indicators included in the state budget. What should this affect? For anything - a metro line will not be built, 7 new hospitals will be built instead of 10, a previously approved amount will not be allocated for some holiday, etc. In the worst case, this will affect the population, or rather, its wallets - delays in the payment of pensions, salaries of civil servants, reduced spending on social programs ...
And now we look: the countries you listed, with a budget deficit, and as I understand it, "Russia with a deficit-free budget", and ask the question - where is life better, and where has life begun to slide down? I think it's hard to go wrong, right? Smiley
At the same time, in the US and the EU there is no multiple inflation, an increase in the death rate of the population, and a decrease in life expectancy? As well as there are no first places in many diseases that have long been forgotten in the West ... One can go on listing the growing problems for a long time, but these will not be problems of the USA or the EU ...

But let's get back to Russia, shall we? And what do you think the situation looks like in Russia, which "does not have such debts as the United States", and I will assume "there is no budget deficit"? Tell us, listen with pleasure, your truth? Smiley

PS One very important question - why do you have so much attention to the problems of the USA, the EU, Ukraine - but not a word about the mountains of Russia's problems? Smiley

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May 21, 2023, 10:05:19 AM
 #142

One of my favorite topics. HERE it is very interesting to watch some characters who realize in reality what is called "cognitive dissonance" Smiley This is when you see that everything in the country is collapsing, but you cheerfully talk about SUCCESS Smiley
Do you also think that a budget deficit is bad? Your beloved US and every G7 country has been running chronic budget deficits for years. Or is it different?

By itself, the budget deficit is not very good, you have to be able to live within your means. But at the macroeconomic level, the budget deficit is rather the norm. Nobody likes a recession (although there is nothing wrong with a recession, the processes in the economy are usually cyclical) and governments artificially stimulate economic growth by spending more than they earn. And they also stimulate their own citizens, the savings model of behavior again provokes a recession. Therefore, there is no need to dramatize the current budget deficit in Russia, especially since part of it is purely technical in nature (the government now has a trillion rubles of undistributed income - these are still the consequences of the winter transition to a single tax account). But if economic growth indicators matter to you, then the current budget deficit is definitely a success, because it will directly lead to an increase in the percentage of GDP growth in the foreseeable future and right now.

That is why Biden cannot agree on an increase in the debt ceiling - the Republicans are demanding spending cuts, and this will immediately lead to a recession, which is extremely disadvantageous for Biden before the elections. Economic growth is not determined by how much you earn, but by how much you spend.

What a great topic, thanks for the reminder! Smiley
Let's look at what a budget deficit is and how it manifests itself? ?
So - "Budget deficit" is the excess of budget expenditures over its revenues. Those. impossibility to fulfill some of the planned indicators included in the state budget. What should this affect? For anything - a metro line will not be built, 7 new hospitals will be built instead of 10, a previously approved amount will not be allocated for some holiday, etc. In the worst case, this will affect the population, or rather, its wallets - delays in the payment of pensions, salaries of civil servants, reduced spending on social programs ...

Don't talk nonsense. The budget deficit arose due to a decrease in the level of income, but the expenditure part of the budget did not decrease and even increased. Therefore, all metro lines will be built, all hospitals will be built, all social programs will be implemented in full, and the budget deficit will not affect the well-being of citizens in any way or will affect it for the better. I repeat once again for those who are slow to understand - it is important not how much you earn, but how much you spend. The lack of income is simply compensated from the National Welfare Fund or through domestic borrowing (by issuing federal loan bonds).

And now we look: the countries you listed, with a budget deficit, and as I understand it, "Russia with a deficit-free budget", and ask the question - where is life better, and where has life begun to slide down? I think it's hard to go wrong, right? Smiley

At the same time, in the US and the EU there is no multiple inflation, an increase in the death rate of the population, and a decrease in life expectancy? As well as there are no first places in many diseases that have long been forgotten in the West ... One can go on listing the growing problems for a long time, but these will not be problems of the USA or the EU ...

But let's get back to Russia, shall we? And what do you think the situation looks like in Russia, which "does not have such debts as the United States", and I will assume "there is no budget deficit"? Tell us, listen with pleasure, your truth? Smiley

PS One very important question - why do you have so much attention to the problems of the USA, the EU, Ukraine - but not a word about the mountains of Russia's problems? Smiley
Russia has one important problem - demographic. Against the backdrop of a huge abundance of any kind of resources in Russia, there are very few people, and this is a problem. I do not think that its solution lies entirely in the economic aspect, because this is a common problem for countries with a Western type of mentality (which, with a number of reservations, can include Russia). You can even notice the opposite trend - the more economically developed the country, the lower the birth rate index in it. Western countries solve this problem at the expense of migrants. Russia is trying to solve this problem in every way, both by stimulating the birth rate with maternity capital, and by simplifying the acquisition of citizenship for migrants, but on the whole, so far, it has not been very successful. Although, due to the territories of Crimea and Donbas annexed from Ukraine, the population of Russia has increased quite well.

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May 21, 2023, 10:26:10 AM
 #143

One of my favorite topics. HERE it is very interesting to watch some characters who realize in reality what is called "cognitive dissonance" Smiley This is when you see that everything in the country is collapsing, but you cheerfully talk about SUCCESS Smiley
Do you also think that a budget deficit is bad? Your beloved US and every G7 country has been running chronic budget deficits for years. Or is it different?

By itself, the budget deficit is not very good, you have to be able to live within your means. But at the macroeconomic level, the budget deficit is rather the norm. Nobody likes a recession (although there is nothing wrong with a recession, the processes in the economy are usually cyclical) and governments artificially stimulate economic growth by spending more than they earn. And they also stimulate their own citizens, the savings model of behavior again provokes a recession. Therefore, there is no need to dramatize the current budget deficit in Russia, especially since part of it is purely technical in nature (the government now has a trillion rubles of undistributed income - these are still the consequences of the winter transition to a single tax account). But if economic growth indicators matter to you, then the current budget deficit is definitely a success, because it will directly lead to an increase in the percentage of GDP growth in the foreseeable future and right now.

That is why Biden cannot agree on an increase in the debt ceiling - the Republicans are demanding spending cuts, and this will immediately lead to a recession, which is extremely disadvantageous for Biden before the elections. Economic growth is not determined by how much you earn, but by how much you spend.
Everything is a little different. According to Reuters, Russia spent 525.4 billion rubles from its budget on "national defense" in January and February 2022. However, in the first two months of 2023, the Russian government spent 2 trillion rubles, or $26 billion, on defense. According to experts, these funds were directed to the war against Ukraine. In addition, they were supposed to mitigate the impact of Western sanctions on the Russian economy.
At the same time, Russia budgeted for 2023 spending in the amount of 4.98 trillion rubles. But almost 40% of them have already spent in the first 2 months of the year.
Also, according to analysts, the defense spending of the aggressor country in January and February 2023 amounted to 36.2% of total budget spending. This is almost twice as much spending on social programs and almost four times as much - on the "national economy". Do you think this is very good for Russia?
Damn it, of course this is very good for Russia. Loading the military-industrial complex with 100% orders, forcing the defense industry to work in three shifts around the clock and seven days a week - this is the backbone thanks to which the Russian economy did not fall to pieces when turning from the West to the South and East. This is a great, perhaps the best, way to inject money into the economy without causing inflation to spike. In fact, money is just a material equivalent of life force, and Russia has a huge energy surplus, it has to be spent somewhere. And a controlled armed conflict on foreign territory is an ideal option, first destroy everything there, and then rebuild everything anew - a double profit.

The conflict in Ukraine is beneficial to the United States, Russia, India and China. Unfavorable for energy-deficient Europe and Ukraine itself. This is in short.
Yes, it seems that the Russians are really a horde that is trying to cash in on robberies and murders of the population of their neighboring states. Instead of arranging normal living conditions in their own country, they are trying to ruin the lives of their neighbors who dared to live better than them.
You say that "a controlled armed conflict on foreign territory is an ideal option, first destroy everything there, and then rebuild everything anew - double profit"? But don't you think that the Russians can only destroy, but not rebuild? Donbass in Ukraine, where the Russians have entered, has turned into solid ruins and no one is going to rebuild the captured settlements there. They say that there is no point in this, everything is so destroyed.

But can we now talk about the Russian city of Chita, which is now drowning in garbage, feces and sewage? Entire areas live without sewerage and go to toilets with holes. And when the toilets are full, people just dump buckets of shit in their yards. At the same time, despite the general poverty and lack of sewerage, Russia spends billions on the war against Ukraine, ignoring the gigantic problems inside the country.
Source: https://www.dialog.ua/russia/273908_1684655319

But don't you think that for the destroyed infrastructure of Ukraine, several generations of Russians will have to pay reparations and this profit from the loot in the war will not cover them?

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May 21, 2023, 10:35:41 AM
Last edit: May 21, 2023, 11:08:04 AM by be.open
 #144

But don't you think that for the destroyed infrastructure of Ukraine, several generations of Russians will have to pay reparations and this profit from the loot in the war will not cover them?
Again wet erotic fantasies about reparations? Reparations are paid by the losing side, in order to start a substantive dialogue about reparations, Ukraine must first defeat Russia. I estimate the chances of such a scenario as zero.

ps
Yes, it seems that the Russians are really a horde that is trying to cash in on robberies and murders of the population of their neighboring states. Instead of arranging normal living conditions in their own country, they are trying to ruin the lives of their neighbors who dared to live better than them.
Be careful with labels. The United States is the most consistent supporter of this method of stimulating its economy. True, for the conflict they prefer not to choose neighbors, but some small and resource-rich country on another continent. This complicates the logistics, but then the enemy has no chance to strike at your territory.

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May 21, 2023, 12:08:39 PM
 #145

Damn it, of course this is very good for Russia. Loading the military-industrial complex with 100% orders, forcing the defense industry to work in three shifts around the clock and seven days a week - this is the backbone thanks to which the Russian economy did not fall to pieces when turning from the West to the South and East. This is a great, perhaps the best, way to inject money into the economy without causing inflation to a spike. In fact, money is just a material equivalent of life force, and Russia has a huge energy surplus, it has to be spent somewhere. And a controlled armed conflict on foreign territory is an ideal option, first destroy everything there, and then rebuild everything anew - a double profit.

The conflict in Ukraine is beneficial to the United States, Russia, India and China. Unfavorable for energy-deficient Europe and Ukraine itself. This is in short.

Does the Russian defense work in 3 shifts? Are you seriously ?

Okay, let's suppose. Then the question is why they go to Ukraine: T62, GAZ66, artillery of the 50-70s of the last century ... And those who are mobilized for uniforms, medical preparations and so on - friends and relatives collect money ?! Why is Russia begging for UAVs, artillery systems and shells from North Korea from IRAN? Smiley
You probably confused with the US military-industrial complex, which works in 4 shifts to produce the required amount of modern weapons that go to Ukraine. And also to countries that have transferred their weapons to Ukraine in order to maintain the combat readiness of their armies? And it's all for sale, and taxes are paid for it, and it all has a price in dollars!

Remind me how the arms race ended when the USSR military-industrial complex also allegedly worked in "3 shifts", although the USSR was noticeably stronger and more self-sufficient than modern Russia. Where is this country? Helped them work in 3 shifts? Smiley

But don't forget that Russia is also a rogue country and an international terrorist country, which this time will be finally weaned from doing such things. The whole world realized that it is impossible to deal with Russia, so they will deal with the new independent republics of the former Russia Smiley
This is a new story where there will be no place for terrorist countries!

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May 21, 2023, 02:36:43 PM
 #146

Damn it, of course this is very good for Russia. Loading the military-industrial complex with 100% orders, forcing the defense industry to work in three shifts around the clock and seven days a week - this is the backbone thanks to which the Russian economy did not fall to pieces when turning from the West to the South and East. This is a great, perhaps the best, way to inject money into the economy without causing inflation to a spike. In fact, money is just a material equivalent of life force, and Russia has a huge energy surplus, it has to be spent somewhere. And a controlled armed conflict on foreign territory is an ideal option, first destroy everything there, and then rebuild everything anew - a double profit.

The conflict in Ukraine is beneficial to the United States, Russia, India and China. Unfavorable for energy-deficient Europe and Ukraine itself. This is in short.

Does the Russian defense work in 3 shifts? Are you seriously ?
Yep.

Okay, let's suppose. Then the question is why they go to Ukraine: T62, GAZ66, artillery of the 50-70s of the last century ... And those who are mobilized for uniforms, medical preparations and so on - friends and relatives collect money ?! Why is Russia begging for UAVs, artillery systems and shells from North Korea from IRAN? Smiley
In a sense, Ukraine can be viewed as a testing ground, on the one hand, for the natural disposal of old types of weapons and ammunition, on the other, for testing the latest types of weapons. This is a common practice in such limited regional conflicts, so both sides can easily find both frankly outdated weapons and the newest ones that have not really been tested yet. I don't understand what surprises you about this. Moreover, there are interesting hybrid schemes, such as old high-explosive aerial bombs of the middle of the last century, modified with the latest control and planning kits. If your vision were not clouded by propaganda, you would see rational economic expediency in such an approach. Disposing of expired artillery shells is expensive, and firing such a shell towards the enemy is free. An expired expiration date does not mean that the projectile has already been damaged, it just needs to be replaced according to the regulations.

You probably confused with the US military-industrial complex, which works in 4 shifts to produce the required amount of modern weapons that go to Ukraine. And also to countries that have transferred their weapons to Ukraine in order to maintain the combat readiness of their armies? And it's all for sale, and taxes are paid for it, and it all has a price in dollars!
I did not confuse anything, the situation is completely similar. Western countries are loading their military-industrial complex with orders, getting rid of old types of weapons, testing new weapons.

Remind me how the arms race ended when the USSR military-industrial complex also allegedly worked in "3 shifts", although the USSR was noticeably stronger and more self-sufficient than modern Russia. Where is this country? Helped them work in 3 shifts? Smiley

But don't forget that Russia is also a rogue country and an international terrorist country, which this time will be finally weaned from doing such things. The whole world realized that it is impossible to deal with Russia, so they will deal with the new independent republics of the former Russia Smiley
This is a new story where there will be no place for terrorist countries!
You already have propaganda coming out of your ears. Boring.

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May 22, 2023, 06:35:42 AM
 #147

Again wet erotic fantasies about reparations? Reparations are paid by the losing side, in order to start a substantive dialogue about reparations, Ukraine must first defeat Russia. I estimate the chances of such a scenario as zero.

Of course, you are absolutely right, which is why it is Russia that will pay reparations! Smiley


Well, about the benefits of the budget deficit: “The federal budget deficit of Russia in April exceeded the plan for 2023, follows from the preliminary assessment of the Ministry of Finance. In January-April, the budget was executed with a deficit of up to 3.424 trillion rubles, having increased in April by 1.024 trillion rubles at once ."
and manifestations of "benefit":
"Putin has frozen the funded pension for Russians until the end of 2025. Russian President Vladimir Putin signed a law that extends the freezing of the funded part of the pension - the Russians will not receive it until the end of 2025."

And all this with the rapid growth of costs for the failed terrorist special military operation, which the Kremlin zayey, deceiving itself with its inflated greatness, inflated "stable" economy and the same fake army Smiley

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May 22, 2023, 08:23:03 AM
 #148

Again wet erotic fantasies about reparations? Reparations are paid by the losing side, in order to start a substantive dialogue about reparations, Ukraine must first defeat Russia. I estimate the chances of such a scenario as zero.

Of course, you are absolutely right, which is why it is Russia that will pay reparations! Smiley


Well, about the benefits of the budget deficit: “The federal budget deficit of Russia in April exceeded the plan for 2023, follows from the preliminary assessment of the Ministry of Finance. In January-April, the budget was executed with a deficit of up to 3.424 trillion rubles, having increased in April by 1.024 trillion rubles at once ."
and manifestations of "benefit":
"Putin has frozen the funded pension for Russians until the end of 2025. Russian President Vladimir Putin signed a law that extends the freezing of the funded part of the pension - the Russians will not receive it until the end of 2025."

And all this with the rapid growth of costs for the failed terrorist special military operation, which the Kremlin zayey, deceiving itself with its inflated greatness, inflated "stable" economy and the same fake army Smiley
I understand that you have run out of arguments in this dialogue and you have completely switched to patriotic slogans. Drain counted. Grin

The funded part of the pension has been frozen since 2014, take the trouble to look for fresher shit.

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May 22, 2023, 05:56:23 PM
 #149

Again wet erotic fantasies about reparations? Reparations are paid by the losing side, in order to start a substantive dialogue about reparations, Ukraine must first defeat Russia. I estimate the chances of such a scenario as zero.

Of course, you are absolutely right, which is why it is Russia that will pay reparations! Smiley


Well, about the benefits of the budget deficit: “The federal budget deficit of Russia in April exceeded the plan for 2023, follows from the preliminary assessment of the Ministry of Finance. In January-April, the budget was executed with a deficit of up to 3.424 trillion rubles, having increased in April by 1.024 trillion rubles at once ."
and manifestations of "benefit":
"Putin has frozen the funded pension for Russians until the end of 2025. Russian President Vladimir Putin signed a law that extends the freezing of the funded part of the pension - the Russians will not receive it until the end of 2025."

And all this with the rapid growth of costs for the failed terrorist special military operation, which the Kremlin zayey, deceiving itself with its inflated greatness, inflated "stable" economy and the same fake army Smiley
I understand that you have run out of arguments in this dialogue and you have completely switched to patriotic slogans. Drain counted. Grin

The funded part of the pension has been frozen since 2014, take the trouble to look for fresher shit.

I'm always having a good laugh while reading his posts. This guy is so funny! He doesn't even bother to find and re-post some latest news on what's going on in Russia (and there are lots of negative things happening there too). Instead he's spamming all war/sanction threads with some speculation and wild guesses and sometimes outright lies and BS. No facts, no sources provided. Zero credibility guy.  Grin
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May 22, 2023, 09:12:59 PM
Last edit: May 22, 2023, 09:24:00 PM by DrBeer
 #150

I understand that you have run out of arguments in this dialogue and you have completely switched to patriotic slogans. Drain counted. Grin

The funded part of the pension has been frozen since 2014, take the trouble to look for fresher shit.

I am very grateful to you for this post! Smiley
Now explain why, in a country, in your opinion, with a stable and surplus economy, this has been happening for 8 (eight!) years in a row! And this is done by the one who promised to "raise Russia from its knees"? Well, just so that everyone does not laugh on the entire Internet? Please try! Smiley



I understand that you have run out of arguments in this dialogue and you have completely switched to patriotic slogans. Drain counted. Grin

The funded part of the pension has been frozen since 2014, take the trouble to look for fresher shit.

Aha, that's how we squirm now?! Smiley
That is, real facts from the RUSSIAN media and information channels - are these my fantasies?  Grin Grin Grin

To deny even what the "leaders of the Russian world" say, to deny reality is the only method of the rashist mentality. This is "normal", in clinical psychiatry there is such a manifestation, this is a long-studied disease Smiley

PS. What's up with the Belgorod People's Republic? Who asked Russian and pro-Russian-speaking patriots for protection from the constant shelling and bombing of the Kremlin junta? Smiley


....
Does the Russian defense work in 3 shifts? Are you serious?
Yep.



.....
In a sense, Ukraine can be viewed as a testing ground, on the one hand, for the natural disposal of old types of weapons and ammunition, on the other, for testing the latest types of weapons. This is a common practice in such limited regional conflicts, so both sides can easily find both frankly outdated weapons and the newest ones that have not really been tested yet. I don't understand what surprises you about this. Moreover, there are interesting hybrid schemes, such as old high-explosive aerial bombs of the middle of the last century, modified with the latest control and planning kits. If your vision were not clouded by propaganda, you would see rational economic expediency in such an approach. Disposing of expired artillery shells is expensive, and firing such a shell towards the enemy is free. An expired expiration date does not mean that the projectile has already been damaged, it just needs to be replaced according to the regulations.

....
I did not confuse anything, the situation is completely similar. Western countries are loading their military-industrial complex with orders, getting rid of old types of weapons, testing new weapons.

.....
You already have propaganda coming out of your ears. Boring.



1. Well, what else is left but to repeat the memorized mantra Smiley
2. Yes, let's say. But as you yourself pointed out, they are testing NEW weapons, and not squealing - "give shells, and tanks, there is nothing to fight with," to which, in response, they find ancient rubbish in warehouses, hastily launch them to at least move and send "the second army of the world ", which is allegedly 80% equipped / re-equipped with "unparalleled weapons" Smiley)))
Here, tell us about 2000 Armata tanks in the RF Armed Forces, and other fabulous Terminators and elusive Daggers? Let's laugh at the whole forum! Smiley

3. Propaganda? Well, let me wet your face again in your own lies, prove that Russia is not a pariah country, not an aggressor country generally recognized by the whole world, its leader is an international criminal for whom an international court issued a warrant? I am waiting for evidence that I have propaganda from my ears ... well, or that you are a primitive liar, once again Smiley

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May 23, 2023, 04:49:54 AM
 #151

1. Well, what else is left but to repeat the memorized mantra Smiley
2. Yes, let's say. But as you yourself pointed out, they are testing NEW weapons, and not squealing - "give shells, and tanks, there is nothing to fight with," to which, in response, they find ancient rubbish in warehouses, hastily launch them to at least move and send "the second army of the world ", which is allegedly 80% equipped / re-equipped with "unparalleled weapons" Smiley)))
Here, tell us about 2000 Armata tanks in the RF Armed Forces, and other fabulous Terminators and elusive Daggers? Let's laugh at the whole forum! Smiley

3. Propaganda? Well, let me wet your face again in your own lies, prove that Russia is not a pariah country, not an aggressor country generally recognized by the whole world, its leader is an international criminal for whom an international court issued a warrant? I am waiting for evidence that I have propaganda from my ears ... well, or that you are a primitive liar, once again Smiley

While ridiculing the Russian military capabilities, you are conveniently ignoring the fact that NATO weapons have proved to be ineffective in most cases. Every now and then, a lot of hue and cry is raised when NATO provides some new weapon (HIMARS, Leopards 2, Storm Shadow.etc). But the effectiveness lasts for a few days, before the Russians learn how to counter these weapons. Russia is still gaining territory, while Ukraine is losing theirs. And this is despite Ukraine having a numerical advantage over the Russian Armed forces.

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May 23, 2023, 09:36:26 AM
Merited by Argoo (1)
 #152

1. Well, what else is left but to repeat the memorized mantra Smiley
2. Yes, let's say. But as you yourself pointed out, they are testing NEW weapons, and not squealing - "give shells, and tanks, there is nothing to fight with," to which, in response, they find ancient rubbish in warehouses, hastily launch them to at least move and send "the second army of the world ", which is allegedly 80% equipped / re-equipped with "unparalleled weapons" Smiley)))
Here, tell us about 2000 Armata tanks in the RF Armed Forces, and other fabulous Terminators and elusive Daggers? Let's laugh at the whole forum! Smiley

3. Propaganda? Well, let me wet your face again in your own lies, prove that Russia is not a pariah country, not an aggressor country generally recognized by the whole world, its leader is an international criminal for whom an international court issued a warrant? I am waiting for evidence that I have propaganda from my ears ... well, or that you are a primitive liar, once again Smiley

While ridiculing the Russian military capabilities, you are conveniently ignoring the fact that NATO weapons have proved to be ineffective in most cases. Every now and then, a lot of hue and cry is raised when NATO provides some new weapon (HIMARS, Leopards 2, Storm Shadow.etc). But the effectiveness lasts for a few days, before the Russians learn how to counter these weapons. Russia is still gaining territory, while Ukraine is losing theirs. And this is despite Ukraine having a numerical advantage over the Russian Armed forces.


dear Sithara007, do not act like Russian supporters of propaganda? Smiley It looks pathetic and funny... You are a smart person!

And I'll EASILY PROVE IT!
So - for starters, give examples proving the FAIRY TALE YOU DEVELOPED, namely - "Western weapons turned out to be" ineffective?

In the meantime, I will list a small part of what was transferred to Ukraine, our friends, to combat rashism!
At the same time, he recalls how BEFORE each delivery they squealed "no, they won't give it to them, and if they give it, we will destroy it instantly."
And after the delivery that took place, wild squeals of fear began throughout Russia, that this is impossible, what is it, "our boys are dying, how can we answer ?!" Smiley

- UAV Bayraktar
- MLRS Hymars (OIN generally turned the tide of the war)
- RPRO and air defense systems (from stingers to Petriots), as a result of which the Russian Air Force is even afraid to fly up to the front line
...
And many other things that make propagandists in Russia piss in their pants Smiley

Yes, and tell us, with examples and evidence - how is Russia now opposing the Petriot and Storm Shadow systems? Smiley

The only thing I can confirm is that yes, Russia has learned to fight the Baraktars ... But - only in 4+ months, despite the fact that according to Russian statements, they always had "no analogue of air defense" Smiley))
Now Bayraktars perform other missions...

And for one thing, tell me - where did Ukraine lose territories, how much, and how many corpses of Russians per square meter? Smiley Under Bakhmut, Russia has already put about 100,000 of its disposable citizens, this is a fact, whether you like it or not. But now Russia is losing the Belgorod Region. By the way - historically belonged to Ukraine, like the Kuban, but they will return to their "native harbor" over time!

Just a fact from today:

"The situation at the checkpoint" Grayvoron "in the Belgorod region
Previously, reinforcements arrived at the RDK fighters. The guys are absolutely calmly digging in.
In the meantime, information appeared that Russia was going to withdraw units of the 3rd motorized rifle division of the 20th combined arms army from the front (Lugansk direction) and transfer them to the Belgorod region.
RDK - Russian patriots who rebelled against the Kemlevsky junta. The inhabitants of Belgorod and the region themselves asked them to protect them from constant shelling and bombing by Russian terrorist troops, as well as to conduct a special military operation to demilitarize the Kremlin occupiers! There is even an official letter! Smiley


And the last sentence - you need to pour it in gold Smiley))
Those. LITTLE UKRAINE, has NUMERICAL superiority over the second army of the world? Are you serious ?

So, for clarity, the ratio of the scale of the terrorist country to Ukraine:


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May 23, 2023, 09:50:33 AM
 #153

I understand that you have run out of arguments in this dialogue and you have completely switched to patriotic slogans. Drain counted. Grin

The funded part of the pension has been frozen since 2014, take the trouble to look for fresher shit.

I am very grateful to you for this post! Smiley
Now explain why, in a country, in your opinion, with a stable and surplus economy, this has been happening for 8 (eight!) years in a row! And this is done by the one who promised to "raise Russia from its knees"? Well, just so that everyone does not laugh on the entire Internet? Please try! Smiley
In Russia, the pension system is very difficult to understand, I do not understand it very well. An ordinary pension is divided into several parts, funded, social, insurance, there are some pension points, it is calculated differently depending on whether the pensioner works or not. This is a complex and inefficient system that requires direct subsidies from the budget for its operation. It needs to be reformed, but no one seems to know exactly how to do it. Previous attempts at reform have made it more complex, but no better. This is the case when if you cannot find an independent solution, then it would be good to adopt a successful example from world experience, but in world experience with successful examples everything is also bad. This is a universal problem associated with an increase in life expectancy and an increase in the proportion of pensioners in the total population, and it seems that no one in the world knows how to solve this problem with the inefficiency of the pension system. If you know of a country where the pension system does not experience similar problems, please let me know.

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May 23, 2023, 09:53:30 AM
Last edit: May 23, 2023, 11:29:12 AM by DrBeer
 #154

I'm always having a good laugh while reading his posts. This guy is so funny! He doesn't even bother to find and re-post some latest news on what's going on in Russia (and there are lots of negative things happening there too). Instead he's spamming all war/sanction threads with some speculation and wild guesses and sometimes outright lies and BS. No facts, no sources provided. Zero credibility guy. Grin

Everything is logical! And what is left for you but to nervously laugh at the FACTS? Have you been able to refute at least one of them? Here you have to laugh, if you read our dialogues lately. You simply deny, without citing a single verifiable ARGUMENT or FACT Smiley A sort of mental infantilism - do not be offended, this is not offensive, this is normal for supporters of the Russian world Smiley

In the meantime, another portion of FACTS, you can continue to laugh Smiley

- Six regions of Russia have exhausted the balance of budget reserves and entered 2023 with a complete or almost complete lack of funds in their accounts.
- The price of natural gas continues its protracted fall after Russia's failed attempts to manipulate this commodity on the international market.
- The spot price of Urals crude oil once again fell below $60. Let me remind you that this is the price without discounts, which now reach up to 50% of the spot price, due to difficulties with the sale of this oil and sanctions pressure.
- The Central Bank of the Russian Federation discovered a “shortage” of billions of dollars for Russian raw materials sold in circumvention of sanctions. Those. "fraternal China and India" not only "have Russia" in terms of price, but also do not pay for transactions Smiley))
- China has stopped deliveries of components for secret radio stations of the Ministry of Defense. The enterprise for the production of special-purpose radio communications NPO Angstrem, owned by the former Minister of Communications and ex-adviser to the President Leonid Reiman, disrupted the state defense order, RBC reports.

Can you disprove at least one fact? Well, well, as expected, shut up Smiley

There is nothing funnier than the pathetic attempts of lovers of the Russian world to distort reality  Grin

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May 23, 2023, 10:02:44 AM
 #155

I'm always having a good laugh while reading his posts. This guy is so funny! He doesn't even bother to find and re-post some latest news on what's going on in Russia (and there are lots of negative things happening there too). Instead he's spamming all war/sanction threads with some speculation and wild guesses and sometimes outright lies and BS. No facts, no sources provided. Zero credibility guy.  Grin
Don't take it to heart. DrBeer is just a politically motivated Ukrainian Russophobe who pollutes the Economics thread for the sole reason that he won't get paid four dollars for another message in the Politics thread as part of a signature campaign. This may be a problem for the bounty manager, because such aggressively politicized behavior casts a shadow on the reputation of the advertised bitcoin mixer, but since the bounty manager thinks everything is in order, this is not a problem.

It is doubly funny that while actively scolding Russia in the English-language branch, he in the Russian-language locale almost as actively advertises the agricultural tokens of some kind of Ukrainian enterprise for the production of cucumbers lol. Grin

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May 23, 2023, 11:39:06 AM
 #156

I'm always having a good laugh while reading his posts. This guy is so funny! He doesn't even bother to find and re-post some latest news on what's going on in Russia (and there are lots of negative things happening there too). Instead he's spamming all war/sanction threads with some speculation and wild guesses and sometimes outright lies and BS. No facts, no sources provided. Zero credibility guy.  Grin
Don't take it to heart. DrBeer is just a politically motivated Ukrainian Russophobe who pollutes the Economics thread for the sole reason that he won't get paid four dollars for another message in the Politics thread as part of a signature campaign. This may be a problem for the bounty manager, because such aggressively politicized behavior casts a shadow on the reputation of the advertised bitcoin mixer, but since the bounty manager thinks everything is in order, this is not a problem.

It is doubly funny that while actively scolding Russia in the English-language branch, he in the Russian-language locale almost as actively advertises the agricultural tokens of some kind of Ukrainian enterprise for the production of cucumbers lol. Grin


"Excellent plan" - write off a fictitious, "far-fetched" accusation to the opponent, whose arguments are true, which you don't like, and the opponent reveals all your attempts to lie Smiley

About Russophobia - it's generally funny. I am RUSSIAN by origin, but not a resident of Russia, but a free Ukraine. Russophobia is a narrative invented by the Kremlin to scare its people and cloud their minds. There is no fear for the Russians. There is an aversion to RASHIZM, but these are different entities Smiley

And once again about the economy going to the bottom, i.e. about Russian Smiley

- China refused to buy Russian wheat despite Putin's requests
The record harvest of grain harvested last year by Russian farmers was not needed by Russia's largest trading partner.
China, which has increased purchases of almost all types of natural resources from Russia - from oil and gas to coal and metals - refuses to buy Russian-made wheat, despite numerous requests voiced by President Vladimir Putin. Instead of Russian wheat, China prefers Australian (59%), Canadian (18%) and American (9%) wheat. The problem arose at the level of China's phytosanitary requirements
And it was one of the notable export items. Oil is sold almost at cost, gas has fallen in price, Russia has lost its markets. Now the grain market and the largest buyer of this product. Undoubtedly, this is the success of Russia Smiley

- Russian President Vladimir Putin demanded that measures be taken in response to the mass emigration of citizens that swept the country after the start of the war and the announcement of mobilization.

- Two news are wonderful:
Putin demanded to protect children from the Internet
-- The governor of Primorye proposed to lure orphans to war with the help of certificates for apartments
Those. steal the opportunity to receive information from children, and at the same time send them to war, kill foreign citizens, and die themselves, and this is much more valuable Smiley

- One of Europe's largest insulin producers, Novo Nordisk, following the American BMS and Eli Lilly plans to enter the Russian market. In Russia itself, at the moment, insulin is produced by a semi-handicraft method, and in very small quantities ....

- With pleas and threats: Russia asked India for salvation from financial isolation - "great Russia" is once again begging for something from its "friends" Smiley

Well, Russophiles, let's talk about the economy? Smiley

...AoBT...
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May 23, 2023, 12:25:53 PM
 #157

- China refused to buy Russian wheat despite Putin's requests
The record harvest of grain harvested last year by Russian farmers was not needed by Russia's largest trading partner.
China, which has increased purchases of almost all types of natural resources from Russia - from oil and gas to coal and metals - refuses to buy Russian-made wheat, despite numerous requests voiced by President Vladimir Putin. Instead of Russian wheat, China prefers Australian (59%), Canadian (18%) and American (9%) wheat. The problem arose at the level of China's phytosanitary requirements
The main problem with wheat is the lack of free logistics capacity, phytosanitary difficulties are Bloomberg's Russophobic fantasies. China buys wheat from Russia, just a little (only 30,000 tons), against the backdrop of a general increase in trade by 40% per year, there is simply no room for wheat. Putin instructed the Cabinet of Ministers and the Central Bank to study the possibility of concluding an intergovernmental agreement on a new land grain corridor Russia-China by October 1. I think this issue, among other things, will be discussed at the upcoming business forum in Shanghai.
Well, Russophiles, let's talk about the economy? Smiley
What is the price of cucumbers? Grin

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May 23, 2023, 12:42:26 PM
 #158

- China refused to buy Russian wheat despite Putin's requests
The record harvest of grain harvested last year by Russian farmers was not needed by Russia's largest trading partner.
China, which has increased purchases of almost all types of natural resources from Russia - from oil and gas to coal and metals - refuses to buy Russian-made wheat, despite numerous requests voiced by President Vladimir Putin. Instead of Russian wheat, China prefers Australian (59%), Canadian (18%) and American (9%) wheat. The problem arose at the level of China's phytosanitary requirements
The main problem with wheat is the lack of free logistics capacity, phytosanitary difficulties are Bloomberg's Russophobic fantasies. China buys wheat from Russia, just a little (only 30,000 tons), against the backdrop of a general increase in trade by 40% per year, there is simply no room for wheat. Putin instructed the Cabinet of Ministers and the Central Bank to study the possibility of concluding an intergovernmental agreement on a new land grain corridor Russia-China by October 1. I think this issue, among other things, will be discussed at the upcoming business forum in Shanghai.
Well, Russophiles, let's talk about the economy? Smiley
What is the price of cucumbers? Grin

There seems to be limited room for wheat due to the increase in overall trade. I think, Such initiatives also have the potential to address logistical challenges as well as facilitate trade by creating special routes and agreements between the two countries. It seems we need to wait for the results of a government study on the feasibility and implications of the intergovernmental agreement before drawing any conclusive conclusions. For example the price of cucumbers, that is a different subject that deserves separate attention, maybe in a different context. Thank You.

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May 23, 2023, 09:52:17 PM
 #159

I'm always having a good laugh while reading his posts. This guy is so funny! He doesn't even bother to find and re-post some latest news on what's going on in Russia (and there are lots of negative things happening there too). Instead he's spamming all war/sanction threads with some speculation and wild guesses and sometimes outright lies and BS. No facts, no sources provided. Zero credibility guy.  Grin
Don't take it to heart. DrBeer is just a politically motivated Ukrainian Russophobe who pollutes the Economics thread for the sole reason that he won't get paid four dollars for another message in the Politics thread as part of a signature campaign. This may be a problem for the bounty manager, because such aggressively politicized behavior casts a shadow on the reputation of the advertised bitcoin mixer, but since the bounty manager thinks everything is in order, this is not a problem.

It is doubly funny that while actively scolding Russia in the English-language branch, he in the Russian-language locale almost as actively advertises the agricultural tokens of some kind of Ukrainian enterprise for the production of cucumbers lol. Grin


"Excellent plan" - write off a fictitious, "far-fetched" accusation to the opponent, whose arguments are true, which you don't like, and the opponent reveals all your attempts to lie Smiley

About Russophobia - it's generally funny. I am RUSSIAN by origin, but not a resident of Russia, but a free Ukraine. Russophobia is a narrative invented by the Kremlin to scare its people and cloud their minds. There is no fear for the Russians. There is an aversion to RASHIZM, but these are different entities Smiley

And once again about the economy going to the bottom, i.e. about Russian Smiley

- China refused to buy Russian wheat despite Putin's requests
The record harvest of grain harvested last year by Russian farmers was not needed by Russia's largest trading partner.
China, which has increased purchases of almost all types of natural resources from Russia - from oil and gas to coal and metals - refuses to buy Russian-made wheat, despite numerous requests voiced by President Vladimir Putin. Instead of Russian wheat, China prefers Australian (59%), Canadian (18%) and American (9%) wheat. The problem arose at the level of China's phytosanitary requirements
And it was one of the notable export items. Oil is sold almost at cost, gas has fallen in price, Russia has lost its markets. Now the grain market and the largest buyer of this product. Undoubtedly, this is the success of Russia Smiley

- Russian President Vladimir Putin demanded that measures be taken in response to the mass emigration of citizens that swept the country after the start of the war and the announcement of mobilization.

- Two news are wonderful:
Putin demanded to protect children from the Internet
-- The governor of Primorye proposed to lure orphans to war with the help of certificates for apartments
Those. steal the opportunity to receive information from children, and at the same time send them to war, kill foreign citizens, and die themselves, and this is much more valuable Smiley

- One of Europe's largest insulin producers, Novo Nordisk, following the American BMS and Eli Lilly plans to enter the Russian market. In Russia itself, at the moment, insulin is produced by a semi-handicraft method, and in very small quantities ....

- With pleas and threats: Russia asked India for salvation from financial isolation - "great Russia" is once again begging for something from its "friends" Smiley

Well, Russophiles, let's talk about the economy? Smiley


First, before we discuss anything please provide the sources for this info you've posted. No sources - no discussion, because there are no facts to discuss.  Grin  

Getting back to economy, I've heard the US is approaching a default: https://edition.cnn.com/2023/05/23/business/prepare-debt-default/index.html among others, the military will be affected, pay delays are possible. Uncle Sam is not even begging, it's just drowning in trillions of debt.  Grin
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May 24, 2023, 09:03:18 PM
 #160

First, before we discuss anything please provide the sources for this info you've posted. No sources - no discussion, because there are no facts to discuss.  Grin  

Getting back to economy, I've heard the US is approaching a default: https://edition.cnn.com/2023/05/23/business/prepare-debt-default/index.html among others, the military will be affected, pay delays are possible. Uncle Sam is not even begging, it's just drowning in trillions of debt.  Grin

The classic position of the terrorist country:
- it's not us, give proof!
- here is the evidence!
- this is not evidence! We need other evidence!
- good - here are new proofs for you!
- no, this is not the evidence we need! Where is the signature? Where is the notarial certificate?
- here are documents, here are signatures, here is a photo/video, here is a recording of conversations!
- it's all fake, you haven't proven anything! And we have a witness, he said something completely different, and we believe him

I am not even interested in you, dear be.open, at least he is really trying to find a more or less adequate answer, even if he twisted the information, but at least not so stupidly Smiley

In the meantime, on the topic, new FACTS from Russia Smiley

- The State Duma on Tuesday adopted amendments to the law "On the procedure for exit and entry", expanding the powers of border guards in the work with passports of citizens traveling abroad.
The passport is subject to "seizure within the limits of competence by the court, investigative bodies of the Investigative Committee of the Russian Federation, executive power in the field of internal affairs and its territorial bodies, border bodies of the Federal Security Service, customs authorities," the law states.

Now no one will escape the fate of giving their life to the fantasy of a crazy pathetic parody of the Führer Smiley

- The President of Russia, Vladimir Putin, a pitiful parody of the Fuhrer, demanded that measures be taken in response to the mass emigration of citizens that swept the country after the start of the war and the announcement of mobilization (which, according to the patient, had never happened in Russia).
"In connection with this, it is necessary to take additional measures to create attractive financial, social and other mechanisms for preserving human capital, reducing the outflow of the population of the Russian Federation abroad," says the decree.
 
- News about the growing well-being of Russians Smiley
In Nizhny Tagil, a Uralvagon plant worker cut himself in front of his superiors. According to the worker, he pays the mortgage and feeds his family, but at the same time he received ten times less salary for April - 11 thousand rubles.

PS Uralvagon is the "biggest" according to the Kremlin's propaganda, producing "unparalleled tanks" and other scrap metal. About which be.open spoke, as an object of the military industry of Russia, which works in 3 shifts and by itself, brings excellent income Smiley

- A little about the work of propaganda mass media, which consume huge funds from the Russian budget:
Z-channels made fun of the allegedly killed Ukrainian "Kraken fighter", insulting him in every possible way
Only then did it become clear that this was a Wagnerian who died near Bakhmut, and the photo was sent to the "military officials" by a Ukrainian activist. Everything had to be deleted urgently Smiley

- A few words about society and a beautiful, rich life Smiley
Irkutsk teachers refused to pay their salaries for the "special operation". To understand - everything is so good in Russia and according to plans - that they introduced mandatory, compulsory, deductions from the wages of civil servants, for the failed SVO Smiley

- Pupils of four schools in Moscow will start studying African languages from September 1, 2023. Schoolchildren will study Swahili, Amharic and Yoruba. A little later, they promise to add other African languages.
At this time, African children are learning... English, guess why? Smiley

- The Federal Tax Service faced a collapse in personal income tax collections — a key source of money for regional budgets, which provides subjects with every third ruble of their own income.
According to the results of the first quarter of 2023, personal income tax revenues fell by 20.2%, the Ministry of Finance reported in a preliminary assessment of the implementation of the consolidated budget of the Russian Federation.
In monetary terms, personal income tax collections decreased by 250 billion rubles and amounted to 950 billion, and their fall was the second largest among all types of state income: only oil and gas tax collections fell more strongly - by 45% compared to January-March 2022.


...and you can check every point and make sure of its reality Smiley

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be.open
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May 24, 2023, 09:28:38 PM
 #161

...and you can check every point and make sure of its reality Smiley
Dude, this forum has a very strict anti-plagiarism policy. Therefore, if you publish here a regular news dagest about how bad everything is in Russia, backing up your words with links to a source (preferably English-speaking and not from too yellow press) is not only a sign of good taste, but also a sign of a well-functioning self-preservation instinct, because that it will be almost impossible to cancel the ban for plagiarism, and we will all really miss such a sparkling interlocutor, who so sincerely hates the backward totalitarianism of the Russian world torn to shreds by Western sanctions.

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May 24, 2023, 10:15:38 PM
 #162

First, before we discuss anything please provide the sources for this info you've posted. No sources - no discussion, because there are no facts to discuss.  Grin  

Getting back to economy, I've heard the US is approaching a default: https://edition.cnn.com/2023/05/23/business/prepare-debt-default/index.html among others, the military will be affected, pay delays are possible. Uncle Sam is not even begging, it's just drowning in trillions of debt.  Grin

The classic position of the terrorist country:
- it's not us, give proof!
- here is the evidence!
- this is not evidence! We need other evidence!
- good - here are new proofs for you!
- no, this is not the evidence we need! Where is the signature? Where is the notarial certificate?
- here are documents, here are signatures, here is a photo/video, here is a recording of conversations!
- it's all fake, you haven't proven anything! And we have a witness, he said something completely different, and we believe him

I am not even interested in you, dear be.open, at least he is really trying to find a more or less adequate answer, even if he twisted the information, but at least not so stupidly Smiley

In the meantime, on the topic, new FACTS from Russia Smiley

- The State Duma on Tuesday adopted amendments to the law "On the procedure for exit and entry", expanding the powers of border guards in the work with passports of citizens traveling abroad.
The passport is subject to "seizure within the limits of competence by the court, investigative bodies of the Investigative Committee of the Russian Federation, executive power in the field of internal affairs and its territorial bodies, border bodies of the Federal Security Service, customs authorities," the law states.

Now no one will escape the fate of giving their life to the fantasy of a crazy pathetic parody of the Führer Smiley

- The President of Russia, Vladimir Putin, a pitiful parody of the Fuhrer, demanded that measures be taken in response to the mass emigration of citizens that swept the country after the start of the war and the announcement of mobilization (which, according to the patient, had never happened in Russia).
"In connection with this, it is necessary to take additional measures to create attractive financial, social and other mechanisms for preserving human capital, reducing the outflow of the population of the Russian Federation abroad," says the decree.
 
- News about the growing well-being of Russians Smiley
In Nizhny Tagil, a Uralvagon plant worker cut himself in front of his superiors. According to the worker, he pays the mortgage and feeds his family, but at the same time he received ten times less salary for April - 11 thousand rubles.

PS Uralvagon is the "biggest" according to the Kremlin's propaganda, producing "unparalleled tanks" and other scrap metal. About which be.open spoke, as an object of the military industry of Russia, which works in 3 shifts and by itself, brings excellent income Smiley

- A little about the work of propaganda mass media, which consume huge funds from the Russian budget:
Z-channels made fun of the allegedly killed Ukrainian "Kraken fighter", insulting him in every possible way
Only then did it become clear that this was a Wagnerian who died near Bakhmut, and the photo was sent to the "military officials" by a Ukrainian activist. Everything had to be deleted urgently Smiley

- A few words about society and a beautiful, rich life Smiley
Irkutsk teachers refused to pay their salaries for the "special operation". To understand - everything is so good in Russia and according to plans - that they introduced mandatory, compulsory, deductions from the wages of civil servants, for the failed SVO Smiley

- Pupils of four schools in Moscow will start studying African languages from September 1, 2023. Schoolchildren will study Swahili, Amharic and Yoruba. A little later, they promise to add other African languages.
At this time, African children are learning... English, guess why? Smiley

- The Federal Tax Service faced a collapse in personal income tax collections — a key source of money for regional budgets, which provides subjects with every third ruble of their own income.
According to the results of the first quarter of 2023, personal income tax revenues fell by 20.2%, the Ministry of Finance reported in a preliminary assessment of the implementation of the consolidated budget of the Russian Federation.
In monetary terms, personal income tax collections decreased by 250 billion rubles and amounted to 950 billion, and their fall was the second largest among all types of state income: only oil and gas tax collections fell more strongly - by 45% compared to January-March 2022.


...and you can check every point and make sure of its reality Smiley

I won't. I've checked hundreds of facts from your posts and they all were lies and propaganda. Instead of providing credible sources, you keep falling lower and lower and don't even mention sources at all. I won't be spending my time to check just to find out it's a new batch of lies!  Grin
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May 25, 2023, 06:06:02 AM
 #163

I won't. I've checked hundreds of facts from your posts and they all were lies and propaganda. Instead of providing credible sources, you keep falling lower and lower and don't even mention sources at all. I won't be spending my time to check just to find out it's a new batch of lies!  Grin
I think you are too harsh, for example, the news about the study of African languages from 2023 in several schools in Moscow seems to be quite true. Another thing is interesting - under what sauce it is served. Either our Ukrainian friend of Russian origin is a racist, or this is a manifestation of the neo-colonial thinking of a supporter of democratic ideals. I think this is an interesting experiment and a possible social lift for its future participants, knowledge of exotic languages ​​may be the key to a successful high-paying career.

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May 27, 2023, 08:40:36 AM
 #164

And a little more about the benefits of sanctions Smiley

-Chinese ministers and top managers refused to meet with Mishustin because of the sanctions. A pompously staged visit to China by a Russian government delegation tasked with seeking greater economic ties and new aid from Beijing to fight Western sanctions has turned into a cold shower for Prime Minister Mikhail Mishustin and his ministers.
According to Vedomosti, top officials of the Chinese government and top managers of the largest Chinese companies refused to meet with Russian officials and heads of state-owned companies, almost all of whom became defendants in Western sanctions lists.
An impressive delegation flew from Moscow to Shanghai: four vice-premiers (Dmitry Grigorenko, Dmitry Chernyshenko, Denis Manturov, Alexander Novak), several ministers, including Dmitry Patrushev (Ministry of Agriculture) and Vitaly Saveliev (Ministry of Transport). They were accompanied by the heads of Sberbank and VTB German Gref and Andrey Kostin, billionaires Alexey Mordashov (Severstal) and Andrey Guryev (Phosagro). But there was no reciprocal Chinese courtesy.
Mishustin's counterpart, Chairman of the State Council Li Qiang, refused to participate in the Russian-Chinese forum and instead sent a welcoming report from Deputy Prime Minister He Lifen to read out.
https://www.moscowtimes.ru/2023/05/24/kitaiskie-ministri-i-top-menedzheri-otkazalis-vstrechatsya-s-mishustinim-iz-za-sanktsii-a43925

- Sanctions and deterioration of the situation with cross-border settlements lead to imbalances in the foreign exchange market of the Russian Federation - CBR. MOSCOW, May 26 (Reuters) - The situation with settlements and correspondent relations in the world's major foreign currencies in Russia continues to deteriorate as sanctions expand and pressure on foreign subsidiary banks operating in the country, the CBR said in a financial stability review.

Against this background, imbalances periodically appear in the domestic foreign exchange market, the regulator points out.

Western sanctions, which blocked access to transactions in dollars and euros for the largest Russian banks, led to a reorientation of the Russian economy towards counterparties from "friendly" countries and increased the importance of alternative currencies for export-import transactions.

- China instead of "Power of Siberia - 2" decided to build a gas pipeline from Turkmenistan. Attempts by Russian President Vladimir Putin to negotiate an increase in gas supplies to China have stalled.

Instead of the 50 billion cubic meter Power of Siberia 2 project, which the Kremlin has been promoting for more than 7 years, Beijing has decided to give priority to a new gas pipeline from Turkmenistan, Reuters reported, citing senior Chinese officials and representatives of the country's oil and gas industry.

Although Turkmen gas costs China 30% more than Russian gas, and negotiations on a discount with Ashgabat failed, Beijing gave the green light to the Line D project, which will import 30 billion cubic meters from Turkmenistan annually.

China is even ready to overpay, just not to get involved with a toxic terrorist supplier. And judging by the fact that China made such a strategic decision, it does not see Russia as a state in the future, on the map of the Earth.

...AoBT...
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June 02, 2023, 09:15:30 AM
Merited by DrBeer (1)
 #165

And here I was, almost convinced that sanctions don't work since
- Russia's GDP drops only 2.5% insignificantly while Germany's economy crashes 0.3% which is a disaster /s
- Russia is experiencing deficit after deficit every month, but I was told this is normal
- Gazprom is cutting dividends pay for the first time in decades, but this is also good for god knows what reason

and now this shit, almost unexpectedly:

https://markets.businessinsider.com/news/commodities/russia-economy-drop-industrial-output-labor-shortage-ukraine-war-mobilization-2023-5
Quote
Russian industrial production fell 5% in April from the prior month, according to the economy ministry.

and what a surprise, they managed to fix unemployment at 3.3%.
Of course, with hundreds of thousands fleeing the country, hundreds of thousands killed and maimed for life and every single foreign worker fleeing the country not willing to die for Russian Mir, it was pretty obvious!

I wonder what the long-term plan is right now,
https://worldpopulationreview.com/countries/russia-population
Quote
Births per Day   3,766
Deaths per Day   4,760
Migrations per Day   -373
Net Change per Day   -1,368
Population Change Since Jan. 1   -207,936

maybe kidnap some children from other countries? Oh, wait!!!!!!

.
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June 03, 2023, 09:21:38 PM
 #166

....

maybe kidnap some children from other countries? Oh, wait!!!!!!

It just so happened - but the Kremlin's miserable parody of the German Führer lives in virtual reality, where he is the "star" of world politics, Russia is "the key game of world politics and economics." And being in euphoria (drugs or a psychiatric problem, this is no longer important), he once again openly confessed to international crimes, including the illegal abduction and export of Ukrainian children to the country as a terrorist and occupier.
And the first criminal charge, he received precisely for this. There are still many official charges ahead, for real crimes. But here there is also a nuance - these are accusations against a Russian citizen V.V. Putin, this will be an accusation against the rashist regime and its supporters ...

Including economic sanctions, restrictions and reparations to Ukraine. Taking into account the case law, the world judicial system, similar requests will be submitted by other countries affected by the terror of Russia, the USSR, the Russian Federation ...

...AoBT...
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June 03, 2023, 09:46:26 PM
 #167

And here I was, almost convinced that sanctions don't work since
- Russia's GDP drops only 2.5% insignificantly while Germany's economy crashes 0.3% which is a disaster /s
- Russia is experiencing deficit after deficit every month, but I was told this is normal
- Gazprom is cutting dividends pay for the first time in decades, but this is also good for god knows what reason

and now this shit, almost unexpectedly:

https://markets.businessinsider.com/news/commodities/russia-economy-drop-industrial-output-labor-shortage-ukraine-war-mobilization-2023-5
Quote
Russian industrial production fell 5% in April from the prior month, according to the economy ministry.

and what a surprise, they managed to fix unemployment at 3.3%.
Of course, with hundreds of thousands fleeing the country, hundreds of thousands killed and maimed for life and every single foreign worker fleeing the country not willing to die for Russian Mir, it was pretty obvious!

I wonder what the long-term plan is right now,
https://worldpopulationreview.com/countries/russia-population
Quote
Births per Day   3,766
Deaths per Day   4,760
Migrations per Day   -373
Net Change per Day   -1,368
Population Change Since Jan. 1   -207,936

maybe kidnap some children from other countries? Oh, wait!!!!!!


I checked this https://worldpopulationreview.com website and it seems that most EU countries for example have negative, zero or close to zero population growth. For example Italy: -0.28%, Greece: -0.42%, Portugal: -0.23%, Bulgaria: -1.39%, Croatia: -0.54%, Lithuania: -1.15%, Latvia: -1.1% and they're not even at war with any other country! Financially and industrially advanced Japan is down -0.53% on population. They're probably starving under some kind of undisclosed sanctions?  Grin  Just to remind you that Russia is merely -0.19% down and still nr.9 country in the world population-wise. And now the true champion, the leader of population growth list with a whopping -7.45%... drumroll... Ukraine!  Grin
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June 04, 2023, 11:08:04 AM
 #168

I won't. I've checked hundreds of facts from your posts and they all were lies and propaganda. Instead of providing credible sources, you keep falling lower and lower and don't even mention sources at all. I won't be spending my time to check just to find out it's a new batch of lies!  Grin

Proving your next lie is very simple Smiley
Give me a link to my arguments that I gave and your proof that it is a lie ?

You understand, the modern world is such that public information cannot be hidden. Lies can easily be verified (if you want to), and denying reality doesn't change reality, no matter how much you want to. So - I'm waiting for links to my arguments, and reasoned proof that this is a lie !?

I think it will be interesting for everyone to watch your helpless struggles and attempts to come up with at least some justification Smiley

The answer to some fact, "I don't think so, I have different information" will not do. Only FACTS and verifiable arguments! Sorry to embarrass you Smiley


...And now the true champion, the leader of population growth list with a whopping -7.45%... drumroll... Ukraine!  Grin

Tell me, do you really think it's funny and amusing that there is a huge amount of mortality in Ukraine as a result of Russian terrorist attacks on Ukraine? The destruction of hundreds of thousands of civilians (that is what has already been revealed), the destruction of hundreds of villages and towns? Is this really funny to you?!
The ideology of the "Russian world" is really much more bastardized than the Nazi regime of Hitler's Germany....


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June 04, 2023, 02:47:36 PM
Last edit: June 04, 2023, 03:30:35 PM by serveria.com
 #169

I won't. I've checked hundreds of facts from your posts and they all were lies and propaganda. Instead of providing credible sources, you keep falling lower and lower and don't even mention sources at all. I won't be spending my time to check just to find out it's a new batch of lies!  Grin

Proving your next lie is very simple Smiley
Give me a link to my arguments that I gave and your proof that it is a lie ?

You understand, the modern world is such that public information cannot be hidden. Lies can easily be verified (if you want to), and denying reality doesn't change reality, no matter how much you want to. So - I'm waiting for links to my arguments, and reasoned proof that this is a lie !?

I think it will be interesting for everyone to watch your helpless struggles and attempts to come up with at least some justification Smiley

The answer to some fact, "I don't think so, I have different information" will not do. Only FACTS and verifiable arguments! Sorry to embarrass you Smiley

I understand that life is hard with a negative IQ. But if you're using this forum things can't be too bad. So I'll share a secret with you: there's a little wheel on your mouse and when you scroll it down you should be able to see the previous posts in this and many more threads. You can also use your touchpad or touchscreen to scroll.  Grin There you'll see every lie of yours exposed by me. Every single lie. Well, most of them for sure.

Quote from: DrBeer
...And now the true champion, the leader of population growth list with a whopping -7.45%... drumroll... Ukraine!  Grin

Tell me, do you really think it's funny and amusing that there is a huge amount of mortality in Ukraine as a result of Russian terrorist attacks on Ukraine? The destruction of hundreds of thousands of civilians (that is what has already been revealed), the destruction of hundreds of villages and towns? Is this really funny to you?!
The ideology of the "Russian world" is really much more bastardized than the Nazi regime of Hitler's Germany....


Following this logic there must be a terrible war going on in many EU countries. And Russia? You claim that Russia has suffered enormous losses. Like 200k or whatever the latest number is? A million? So why is Russia only -0.something down? Another time you're caught in the web of your own lies and get caught red-handed!  Grin
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June 04, 2023, 07:44:39 PM
 #170


Following this logic there must be a terrible war going on in many EU countries. And Russia? You claim that Russia has suffered enormous losses. Like 200k or whatever the latest number is? A million? So why is Russia only -0.something down? Another time you're caught in the web of your own lies and get caught red-handed!  Grin
It is worth waiting a little longer and watching the current military events that are now beginning to take place in the war between Russia and Ukraine. Now both sides note that the situation has sharply worsened in various directions of the front. Many Russian telegram channels write that the Armed Forces of Ukraine went on the offensive in many places. In the coming days, there should be very interesting news that will put an end to many controversial issues that are being actively discussed here.

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June 05, 2023, 08:47:11 PM
 #171

I won't. I've checked hundreds of facts from your posts and they all were lies and propaganda. Instead of providing credible sources, you keep falling lower and lower and don't even mention sources at all. I won't be spending my time to check just to find out it's a new batch of lies!  Grin

Proving your next lie is very simple Smiley
Give me a link to my arguments that I gave and your proof that it is a lie ?

You understand, the modern world is such that public information cannot be hidden. Lies can easily be verified (if you want to), and denying reality doesn't change reality, no matter how much you want to. So - I'm waiting for links to my arguments, and reasoned proof that this is a lie !?

I think it will be interesting for everyone to watch your helpless struggles and attempts to come up with at least some justification Smiley

The answer to some fact, "I don't think so, I have different information" will not do. Only FACTS and verifiable arguments! Sorry to embarrass you Smiley

I understand that life is hard with a negative IQ. But if you're using this forum things can't be too bad. So I'll share a secret with you: there's a little wheel on your mouse and when you scroll it down you should be able to see the previous posts in this and many more threads. You can also use your touchpad or touchscreen to scroll.  Grin There you'll see every lie of yours exposed by me. Every single lie. Well, most of them for sure.

Quote from: DrBeer
...And now the true champion, the leader of population growth list with a whopping -7.45%... drumroll... Ukraine!  Grin

Tell me, do you really think it's funny and amusing that there is a huge amount of mortality in Ukraine as a result of Russian terrorist attacks on Ukraine? The destruction of hundreds of thousands of civilians (that is what has already been revealed), the destruction of hundreds of villages and towns? Is this really funny to you?!
The ideology of the "Russian world" is really much more bastardized than the Nazi regime of Hitler's Germany....


Following this logic there must be a terrible war going on in many EU countries. And Russia? You claim that Russia has suffered enormous losses. Like 200k or whatever the latest number is? A million? So why is Russia only -0.something down? Another time you're caught in the web of your own lies and get caught red-handed!  Grin


"I understand that life is hard with a negative IQ." -  Who better than you to know what it's like to live with a negative IQ!?  Grin

"Following this logic there must be a terrible war going on in many EU countries. And Russia? You claim that Russia has suffered enormous losses. Like 200k or whatever the latest number is? A million? So why is Russia only -0.something down? Another time you're caught in the web of your own lies and get caught red-handed! " - Reread your nonsense again! This is not a negative IQ, you have a complete lack of it, or rather a complete IQ vacuum. Absolute IQ vacuum! Smiley

Russia pelted the territory of Ukraine with its meat, the territory of the country it attacked, in violation of all treaties. The war is absolutely terrorist, cowardly and despicable. That the lives of its citizens cost nothing to russia - this was even stated by Putin, saying that "russia has no concept of unacceptable losses. Any losses are acceptable for the sake of achieving the goal. And by the way you are trying to attribute to me, very stupidly, in your usual manner, some words about the absence of killed Russians Smiley But Russia is an aggressor and terrorist country, I am not interested in its victims, that's their business. I am talking about the hundreds of thousands of Ukrainian civilians killed. Destroyed by the most sadistic method. This is a fact...


...AoBT...
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June 05, 2023, 09:10:14 PM
 #172

I won't. I've checked hundreds of facts from your posts and they all were lies and propaganda. Instead of providing credible sources, you keep falling lower and lower and don't even mention sources at all. I won't be spending my time to check just to find out it's a new batch of lies!  Grin

Proving your next lie is very simple Smiley
Give me a link to my arguments that I gave and your proof that it is a lie ?

You understand, the modern world is such that public information cannot be hidden. Lies can easily be verified (if you want to), and denying reality doesn't change reality, no matter how much you want to. So - I'm waiting for links to my arguments, and reasoned proof that this is a lie !?

I think it will be interesting for everyone to watch your helpless struggles and attempts to come up with at least some justification Smiley

The answer to some fact, "I don't think so, I have different information" will not do. Only FACTS and verifiable arguments! Sorry to embarrass you Smiley

I understand that life is hard with a negative IQ. But if you're using this forum things can't be too bad. So I'll share a secret with you: there's a little wheel on your mouse and when you scroll it down you should be able to see the previous posts in this and many more threads. You can also use your touchpad or touchscreen to scroll.  Grin There you'll see every lie of yours exposed by me. Every single lie. Well, most of them for sure.

Quote from: DrBeer
...And now the true champion, the leader of population growth list with a whopping -7.45%... drumroll... Ukraine!  Grin

Tell me, do you really think it's funny and amusing that there is a huge amount of mortality in Ukraine as a result of Russian terrorist attacks on Ukraine? The destruction of hundreds of thousands of civilians (that is what has already been revealed), the destruction of hundreds of villages and towns? Is this really funny to you?!
The ideology of the "Russian world" is really much more bastardized than the Nazi regime of Hitler's Germany....


Following this logic there must be a terrible war going on in many EU countries. And Russia? You claim that Russia has suffered enormous losses. Like 200k or whatever the latest number is? A million? So why is Russia only -0.something down? Another time you're caught in the web of your own lies and get caught red-handed!  Grin


"I understand that life is hard with a negative IQ." -  Who better than you to know what it's like to live with a negative IQ!?  Grin

"Following this logic there must be a terrible war going on in many EU countries. And Russia? You claim that Russia has suffered enormous losses. Like 200k or whatever the latest number is? A million? So why is Russia only -0.something down? Another time you're caught in the web of your own lies and get caught red-handed! " - Reread your nonsense again! This is not a negative IQ, you have a complete lack of it, or rather a complete IQ vacuum. Absolute IQ vacuum! Smiley

Russia pelted the territory of Ukraine with its meat, the territory of the country it attacked, in violation of all treaties. The war is absolutely terrorist, cowardly and despicable. That the lives of its citizens cost nothing to russia - this was even stated by Putin, saying that "russia has no concept of unacceptable losses. Any losses are acceptable for the sake of achieving the goal. And by the way you are trying to attribute to me, very stupidly, in your usual manner, some words about the absence of killed Russians Smiley But Russia is an aggressor and terrorist country, I am not interested in its victims, that's their business. I am talking about the hundreds of thousands of Ukrainian civilians killed. Destroyed by the most sadistic method. This is a fact...


Well congrats with this post hitting the lowest lows! You descend lower and lower with every post! Very low level propaganda: bla bla bla terrorist bla bla bla cowardly bla bla bla Putin the bloody dictator bla bla bla criminal bla bla bla aggressor bla bla bla....  Grin It looks like you're copy/pasting from somewhere?  Grin And looks like you're running out of facts?

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June 05, 2023, 09:26:37 PM
 #173

Well congrats with this post hitting the lowest lows! You descend lower and lower with every post! Very low level propaganda: bla bla bla terrorist bla bla bla cowardly bla bla bla Putin the bloody dictator bla bla bla criminal bla bla bla aggressor bla bla bla....  Grin It looks like you're copy/pasting from somewhere?  Grin And looks like you're running out of facts?

Yeah, I get it, i.e. you have no arguments whatsoever, but you blow a bubble of denial and accusation, habitually? Smiley
I didn't expect any other answer Smiley
I'll give credit to be.open - he really tries, though unsuccessfully, but at least somehow to bring his position. Unlike you, who has a primitive behavior, in the best case - a child with delayed development, and resentment against the whole world Smiley
As expected - no concrete evidence against my facts, only "throwing shit on the fan", and attempts to primitively insult ! It's silly to expect anything else from a supporter of "Russian peace" Smiley

RS. For you - homework. You can involve your family, neighbors, and if possible, your brain. Any fact of mine, cite it and prove it false ! I hope you can reach this, a new level of development and dialogue for you ! Smiley


...AoBT...
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June 05, 2023, 09:34:58 PM
 #174

I do not think that this is actually on point with the topic, you guys should stop with nagging others, if you really want to fight, maybe take it to pm and just do that there? This topic about russia economically being worse because of sanctions, and to be fair it is actually worse, I do believe that it is because of the sanctions but if someone else has a proof that its worse because of some other reason then I am open to hear about it. But to be fair, sanctions can't be a good thing for any nation anyway, we are a global economy world, most nations (outside of few like maybe cuba) survives due to global markets, we all trade with each other, even Russia with "sanctions" still trade and sell their products, maybe not to same people but they do. So if there is any argument to be made about the topic, I think it would be welcomed, but to fight against each other with ad hominem will not make this topic any relevant, please stop that.

(I am not siding with either, I think both west and russia/china duo sucks, they can all economically crash all I care, I am just against the fighting on the topic and it should stop).

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June 06, 2023, 03:50:54 AM
 #175

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labour shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/

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June 09, 2023, 08:56:12 PM
 #176

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labour shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/
The Russian economy in the current and subsequent years will directly depend on the situation at the front in Ukraine. And just here, it seems, Russia is in for big problems. The IMF cannot know how further events in this war will develop, and therefore the forecasts for the Russian economy will change more than once even for this year. There is a possibility of deepening internal confrontations and the desire of the regions to secede from the center as independent republics. And in this case, Russia may not even have its own sources of oil and gas. After all, they are given to the center just by distant regions. And without oil and gas, Russia will be a poor and backward country.

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June 10, 2023, 04:41:40 PM
 #177

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labour shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/
The Russian economy in the current and subsequent years will directly depend on the situation at the front in Ukraine. And just here, it seems, Russia is in for big problems. The IMF cannot know how further events in this war will develop, and therefore the forecasts for the Russian economy will change more than once even for this year. There is a possibility of deepening internal confrontations and the desire of the regions to secede from the center as independent republics. And in this case, Russia may not even have its own sources of oil and gas. After all, they are given to the center just by distant regions. And without oil and gas, Russia will be a poor and backward country.


This are really funny and the news about the study of African languages from 2023 in several schools in Moscow seems to be quite true. Another thing is interesting - under what sauce it is served and There is a possibility of deepening internal confrontations and the desire of the regions to secede from the center as independent republics and we are a global economy world, most nations (outside of few like maybe cuba) survives due to global markets, we all trade with each other, even Russia with "sanctions" still trade and sell their products, maybe not to same people but they do.

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June 10, 2023, 10:42:16 PM
 #178

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labour shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/
The Russian economy in the current and subsequent years will directly depend on the situation at the front in Ukraine. And just here, it seems, Russia is in for big problems. The IMF cannot know how further events in this war will develop, and therefore the forecasts for the Russian economy will change more than once even for this year. There is a possibility of deepening internal confrontations and the desire of the regions to secede from the center as independent republics. And in this case, Russia may not even have its own sources of oil and gas. After all, they are given to the center just by distant regions. And without oil and gas, Russia will be a poor and backward country.

Well, I've heard that "Russia splits into several countries" BS many times lately. One of the favourite propaganda topics, along with "Putin is dying of cancer", "Russia is running out of rockets" etc etc

There are absolutely no signs of any decentralization and separatism in Russia. Can you provide any credible source for this information?
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June 11, 2023, 03:49:19 AM
 #179

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labour shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/
I talked about this a few weeks ago in this same thread. This is natural and quite expected for anyone who understands the economy at least a little deeper than at the philistine level - the current budget deficit in Russia is extremely favorable for the subsequent growth of nominal GDP. It's just how the method of calculating nominal GDP is arranged.

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June 11, 2023, 01:43:53 PM
 #180

......
This are really funny and the news about the study of African languages from 2023 in several schools in Moscow seems to be quite true. Another thing is interesting - under what sauce it is served and There is a possibility of deepening internal confrontations and the desire of the regions to secede from the center as independent republics and we are a global economy world, most nations (outside of few like maybe cuba) survives due to global markets, we all trade with each other, even Russia with "sanctions" still trade and sell their products, maybe not to same people but they do.

There's a pretty simple explanation.
Russia is well aware that it is excluded from the global economy, and we should not expect the situation to improve. China, India - these are the countries that just took advantage of russia's problems, and on this wave, for pennies they buy out everything they can and are interested. Other countries have turned their backs on russia. The only ones left are the "brothers in terrorism" and "fighters against the world" - Iran, North Korea, and a couple of other countries on which nothing depends.
The problem is that the population in this situation must be given at least some "positive information". And there you have it - "Strong friendship between Russia and African countries"! Well at least some kind of pleasant tale. It is true that recently russia simply wrote off tens of billions of dollars to these "friends", but it is not interesting to talk about it Smiley I.e. the goal is simply to create another information bubble about "new, strong, friends". But everyone is well aware that this will not solve the problem of an economy going into the abyss...

...AoBT...
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June 15, 2023, 11:05:39 PM
 #181

......
This are really funny and the news about the study of African languages from 2023 in several schools in Moscow seems to be quite true. Another thing is interesting - under what sauce it is served and There is a possibility of deepening internal confrontations and the desire of the regions to secede from the center as independent republics and we are a global economy world, most nations (outside of few like maybe cuba) survives due to global markets, we all trade with each other, even Russia with "sanctions" still trade and sell their products, maybe not to same people but they do.

There's a pretty simple explanation.
Russia is well aware that it is excluded from the global economy, and we should not expect the situation to improve. China, India - these are the countries that just took advantage of russia's problems, and on this wave, for pennies they buy out everything they can and are interested. Other countries have turned their backs on russia. The only ones left are the "brothers in terrorism" and "fighters against the world" - Iran, North Korea, and a couple of other contries on which nothing depends.
The problem is that the population in this situation must be given at least some "positive information". And there you have it - "Strong friendship between Russia and African countries"! Well at least some kind of pleasant tale. It is true that recently russia simply wrote off tens of billions of dollars to these "friends", but it is not interesting to talk about it Smiley I.e. the goal is simply to create another information bubble about "new, strong, friends". But everyone is well aware that this will not solve the problem of an economy going into the abyss...

Russia is excluded from the global economy:
https://mind.ua/en/news/20258397-western-companies-that-remained-in-russia-increased-their-profits-by-one-and-a-half-times-in-2022
https://www.businessinsider.com/russia-western-companies-operations-profits-tax-revenues-2022-exit-sanctions-2023-6
https://edition.cnn.com/2023/02/25/business/russia-chinese-brands-sales-surge-ukraine-war-intl-hnk/index.html
 Grin

Don't your realize nobody believes this propaganda BS you're spreading? You forgot to use the words "terrorist state", "bloody dictator" and "killing innocent children" for more dramatic effect. I fear you won't get your bonus today  Grin
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June 16, 2023, 08:00:46 AM
 #182

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labor shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/

"Things in the country were not going badly. One might even say well. But every day it gets worse and worse" - this is an absolutely accurate description of what is happening in Russia now.

On the one hand, the Ministry of Statistics and other "mouthpieces for improvement" are trumpeting growth and other positive developments. And on the other hand, more and more information about the real indicators of the economy is hidden behind a secrecy stamp.

At the same time, the primitivism of the lies of Russian officials comes to the point that some say everything is fine, while others, specialized experts, say "this is a collapse."

An increase in indicators in 2023 will be possible, but this will not be due to economic growth indicators, but to high inflation and the depreciation of the ruble, which, of course, will give noticeably higher indicators of ruble receipts in the budgets. But we then understand that these will be unsecured pieces of paper, albeit in a huge amount.


A small selection of information from Russia itself.

https://republic.ru/posts/108481
https://www.moscowtimes.ru/2023/05/25/kitai-vmesto-sili-sibiri-2-reshil-stroit-gazoprovod-izturkmenii-a44055
https://www.moscowtimes.ru/2023/05/25/minoboroni-otkazalos-osvobozhdat-otmobilizatsii-lyudei-sdiabetom-iboleznyami-serdtsa-a44114
https://www.moscowtimes.ru/2023/05/25/verhovnii-sud-podtverdil-chto-mobilizatsiya-vrossii-prodolzhaetsya-a44084
https://www.moscowtimes.ru/2023/06/09/tseni-nabenzin-dlya-rossiyan-postavili-rekord-nesmotrya-napadenie-tsen-narossiiskuyu-neft-pochti-vdvoe-a45681


....

Patient, calm down, take the pills, and calmly communicate with the flowers Smiley You can't be so nervous Smiley

...AoBT...
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June 16, 2023, 06:17:49 PM
Merited by DrBeer (1)
 #183

I am now listening to the lectures of the modern methodologist Peter Shchedrovitsky. 

His fate is an example of how active actions to change the world for the better lead to disastrous consequences.  Ideas are more dangerous than bullets and shells.

But listening to his lectures is interesting, he is one of the world's leading experts on human thinking.  Now he says Russia never had the slightest chance of achieving its goal of becoming a world superpower.  The path of Russia is the path of catching up industrial and information development, with a very cautious and balanced foreign and domestic policy. 

Nevertheless, Russia throughout its history has made repeated attempts to mobilize its economy and population to achieve this overarching goal.  Each time it ended in a colossal catastrophe and the waste of the most valuable resource for the development of the country - the human population. 

The best scenarios for the development of the country are associated with minimal efforts to mobilize the economy and the population. 

However, Russia did not comprehend the lessons of the twentieth century.

.
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Merited by DrBeer (1)
 #184

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labour shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/
The Russian economy in the current and subsequent years will directly depend on the situation at the front in Ukraine. And just here, it seems, Russia is in for big problems. The IMF cannot know how further events in this war will develop, and therefore the forecasts for the Russian economy will change more than once even for this year. There is a possibility of deepening internal confrontations and the desire of the regions to secede from the center as independent republics. And in this case, Russia may not even have its own sources of oil and gas. After all, they are given to the center just by distant regions. And without oil and gas, Russia will be a poor and backward country.

Well, I've heard that "Russia splits into several countries" BS many times lately. One of the favourite propaganda topics, along with "Putin is dying of cancer", "Russia is running out of rockets" etc etc

There are absolutely no signs of any decentralization and separatism in Russia. Can you provide any credible source for this information?
Today's Russia is an empire that rests on brutal force and forced subjugation of its indigenous peoples. Therefore, it is quite logical that now these peoples are looking with hope as the central government of Russia is weakening due to defeats in the war in Ukraine. But now the regions are beginning to raise their heads.

Representatives of Koenigsberg (Kaliningrad region), Ingria (St. Petersburg), the Urals (Yekaterinburg), Siberia (Novosibirsk) and Kuban (Krasnodar Territory) said they want to get rid of territorial, political and economic dependence on Moscow.
This was stated by the representatives of the initiative groups during the Post-Russia Forum, which took place in the premises of the European Parliament on the evening of January 30.

On May 12, a press conference was held in Warsaw to sum up the results of the national online referendum for the self-determination of the republics of the Russian Federation. Voting on the independence of five regions of Russia: Koenigsberg (Kaliningrad and the region), Ingria (St. Petersburg and the Leningrad region), Kuban (Krasnodar Territory), Siberia and the Urals took place from February 16 to February 28, 2023. In Chuvashia, Karelia, Belgorod, Novgorod and Voronezh people's republics will also begin referendums for independence.

In addition, Ichkeria (Chechnya), Buryatia, Tatarstan, Bashkirstan and other regions, where a liberation movement is already maturing, will also rise in due time.

Sources:
https://focus.ua/voennye-novosti/522560-svobodnaya-ichkeriya-chechency-gotovyatsya-voevat-za-nezavisimost-svoey-territorii-video

https://rubryka.com/ru/2023/02/01/dosyt-goduvaty-moskvu-na-rosiyi-u-p-yatoh-regionah-zagovoryly-pro-referendum-shhodo-nezalezhnosti/

https://uatv.ua/dekolonizatsiya-rossii-yakutiya-vystupaet-za-nezavisimost-ot-rf-video/

https://news.obozrevatel.com/russia/referendum-za-nezavisimost-novyie-regionyi-rossii-trebuyut-otdeleniya.htm

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June 19, 2023, 08:21:05 AM
 #185

....
On May 12, a press conference was held in Warsaw to sum up the results of the national online referendum for the self-determination of the republics of the Russian Federation. Voting on the independence of five regions of Russia: Koenigsberg (Kaliningrad and the region), Ingria (St. Petersburg and the Leningrad region), Kuban (Krasnodar Territory), Siberia and the Urals took place from February 16 to February 28, 2023. In Chuvashia, Karelia, Belgorod, Novgorod and Voronezh people's republics will also begin referendums for independence.

In addition, Ichkeria (Chechnya), Buryatia, Tatarstan, Bashkirstan and other regions, where a liberation movement is already maturing, will also rise in due time.
.....


The Kremlin was so engaged in self-hypnosis about its greatness, the uniqueness of impunity, that they forgot about the law of "boomerang".
And it's real - why can the "dombas people" "express a desire to secede from the country, at a referendum", while others cannot? CAN! And now what they so "flaunted" in Russia has returned to them. And the funny thing is that now they are obliged to close their mouths and Humble themselves, with the right of the local population to self-determination! Including - the right to secede from some country. Moreover, Russia itself said "you don't give a damn about the laws of the country where this part of the population lives!" , which means that no one gives a damn about any laws of Russia itself Smiley

Kaliningrad - it's time to raise the issue of protecting the German-speaking population, and returning the territory! Königsberg People's Republic - must be free! Smiley)))


Well, back to the topic topic.

Bank of China (BoC), the third largest bank in China by assets, has introduced restrictions on payments in yuan for Russian clients. This was reported to Frank Media by several Russian banks that used correspondent accounts in BoC.

According to bankers, the restrictions apply to yuan transfers to EU, Swiss, UK and US banks. Moreover, the ban applies even to payments to China if their recipients are Chinese branches of Western banks.

Those. China, adopted the experience of India in "assisting fraternal Russia", buys oil, gas, resources from Russia for its yuan. And then he blocks them in his banks! Smiley
So to understand the scale of "friendship" - in India, and its banks are now blocked from money from oil deals, about 3 billion dollars! And India does not allow Russia to do something with them, and in the first place - to exchange them for dollars! Those. fairy tales about the high price of oil are also broken by the fact that Russia does not receive MONEY for its oil from India Smiley Now from China!


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June 20, 2023, 04:06:11 AM
 #186


In addition, Ichkeria (Chechnya), Buryatia, Tatarstan, Bashkirstan and other regions, where a liberation movement is already maturing, will also rise in due time.

LOL.. the regions you have mentioned have sent the maximum number of soldiers to the war zone. Buryats and Chechens dominated the early phase of the war, while other minorities such as Ossets and Daghestanis are also having a higher representation compared to their actual population. A small minority of the people in these regions may be having separatist tendencies. But the vast majority are more than happy to serve in the Armed Forces of Russia. And it is really laughable to talk about Koenigsberg, Ingria.etc. The minorities in these regions number only a few hundred each.

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June 20, 2023, 07:17:32 PM
 #187

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labour shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/
The Russian economy in the current and subsequent years will directly depend on the situation at the front in Ukraine. And just here, it seems, Russia is in for big problems. The IMF cannot know how further events in this war will develop, and therefore the forecasts for the Russian economy will change more than once even for this year. There is a possibility of deepening internal confrontations and the desire of the regions to secede from the center as independent republics. And in this case, Russia may not even have its own sources of oil and gas. After all, they are given to the center just by distant regions. And without oil and gas, Russia will be a poor and backward country.

Well, I've heard that "Russia splits into several countries" BS many times lately. One of the favourite propaganda topics, along with "Putin is dying of cancer", "Russia is running out of rockets" etc etc

There are absolutely no signs of any decentralization and separatism in Russia. Can you provide any credible source for this information?
Today's Russia is an empire that rests on brutal force and forced subjugation of its indigenous peoples. Therefore, it is quite logical that now these peoples are looking with hope as the central government of Russia is weakening due to defeats in the war in Ukraine. But now the regions are beginning to raise their heads.

Representatives of Koenigsberg (Kaliningrad region), Ingria (St. Petersburg), the Urals (Yekaterinburg), Siberia (Novosibirsk) and Kuban (Krasnodar Territory) said they want to get rid of territorial, political and economic dependence on Moscow.
This was stated by the representatives of the initiative groups during the Post-Russia Forum, which took place in the premises of the European Parliament on the evening of January 30.

On May 12, a press conference was held in Warsaw to sum up the results of the national online referendum for the self-determination of the republics of the Russian Federation. Voting on the independence of five regions of Russia: Koenigsberg (Kaliningrad and the region), Ingria (St. Petersburg and the Leningrad region), Kuban (Krasnodar Territory), Siberia and the Urals took place from February 16 to February 28, 2023. In Chuvashia, Karelia, Belgorod, Novgorod and Voronezh people's republics will also begin referendums for independence.

In addition, Ichkeria (Chechnya), Buryatia, Tatarstan, Bashkirstan and other regions, where a liberation movement is already maturing, will also rise in due time.

Sources:
https://focus.ua/voennye-novosti/522560-svobodnaya-ichkeriya-chechency-gotovyatsya-voevat-za-nezavisimost-svoey-territorii-video

https://rubryka.com/ru/2023/02/01/dosyt-goduvaty-moskvu-na-rosiyi-u-p-yatoh-regionah-zagovoryly-pro-referendum-shhodo-nezalezhnosti/

https://uatv.ua/dekolonizatsiya-rossii-yakutiya-vystupaet-za-nezavisimost-ot-rf-video/

https://news.obozrevatel.com/russia/referendum-za-nezavisimost-novyie-regionyi-rossii-trebuyut-otdeleniya.htm
That's the news, it turns out there was a referendum on secession from Russia in the region where I live, and this is the first time I hear about it. Grin

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June 21, 2023, 02:31:48 AM
 #188

https://www.reuters.com/markets/europe/russian-economy-ministry-improves-2023-gdp-growth-forecast-2023-04-14/

Russian ministry of economy revised the estimate for 2023 GDP growth. Now they claim that GDP will grow by +1.2%, compared to an earlier prediction of -0.8%. There is an announcement from the International Monetary Fund as well. They raised their estimate for Russian GDP growth to +0.7% from a previous estimate of +0.3%. The estimate for 2024 is +1.3%. However as per the IMF, labor shortages and exit of western companies will harm the Russian economy in the long term. World Bank meanwhile has stated that Russian GDP will contract by 0.2% in 2023.

https://www.reuters.com/world/europe/russia-may-see-wider-2023-budget-deficit-lower-growth-years-come-imf-2023-04-11/

"Things in the country were not going badly. One might even say well. But every day it gets worse and worse" - this is an absolutely accurate description of what is happening in Russia now.

On the one hand, the Ministry of Statistics and other "mouthpieces for improvement" are trumpeting growth and other positive developments. And on the other hand, more and more information about the real indicators of the economy is hidden behind a secrecy stamp.

At the same time, the primitivism of the lies of Russian officials comes to the point that some say everything is fine, while others, specialized experts, say "this is a collapse."

An increase in indicators in 2023 will be possible, but this will not be due to economic growth indicators, but to high inflation and the depreciation of the ruble, which, of course, will give noticeably higher indicators of ruble receipts in the budgets. But we then understand that these will be unsecured pieces of paper, albeit in a huge amount.
Russia is one of the countries I don't believe anything they say and they try as much as possible to paint themselves good in the spotlight. But truly, the impact of the Western sanction is not as bitting as thought, maybe in the nearest future, I don't know. What happens is that Russia which subsides the effect also has some cooperating allies' involvement that made it easy for them, and such allies have stepped up trades with them to cushion the effect of the transactions.

Experts predict conflicting forecasts this year, and according to IMF, they are holding up but still forecasts a trade deficit for them in 2023.

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June 22, 2023, 08:23:23 AM
 #189

Russia is one of the countries I don't believe anything they say and they try as much as possible to paint themselves good in the spotlight. But truly, the impact of the Western sanction is not as bitting as thought, maybe in the nearest future, I don't know. What happens is that Russia which subsides the effect also has some cooperating allies' involvement that made it easy for them, and such allies have stepped up trades with them to cushion the effect of the transactions.

Experts predict conflicting forecasts this year, and according to IMF, they are holding up but still forecasts a trade deficit for them in 2023.


It must be understood that sanctions are not a "shot in the head" when the effect occurs immediately. This is a slow suffocation of the economy. Of course, everyone wants Russia to return to the Stone Age as soon as possible, but we must realistically look at the situation. Firstly, the world itself has created a kind of financial cushion for Russia, thoughtlessly buying oil and gas from them. It's good that this issue has already been closed. But we also do not forget that in addition to Russia, there is more than one "offended" state in the world, or one for whom "money does not smell", or those that simply use the situation as "the last chance to remove at least some benefit from Russia." But also do not deny the effectiveness of sanctions! Kremlin terrorists squeal through all the holes "lift the sanctions", the degradation of the economy is already beginning to have a very negative impact on the wallets of those in power, and Putin's inner circle. They don't care about the people! At the same time, most of the population of Russia has never lived normally, so sanctions do not apply to them ...
But, we already see how India and China are turning away from Russia, and these were the last important partners of the terrorist country.
I will give one example - against the USSR, a more powerful country than modern Russia, sanctions were introduced in the late 70s. The USSR withstood about 20 years. In Russia, after less than one year of sanctions, the situation is already close to the situation in the USSR before the collapse. just watch Smiley




That's the news, it turns out there was a referendum on secession from Russia in the region where I live, and this is the first time I hear about it. Grin


Everything is within the framework of the law and accepted methodologies in Russia. At the request of the people of your region, tired of oppression, they voted for them and for you! Thanks to everyone who voted and to you for recognizing an independent republic! Smiley Be the brotherly people of the Belgorod People's Republic, which the Kremlin constantly bombs! Smiley

And soon ordinary tractor drivers, teachers and doctors will dig up tanks (a lot of them have been buried there since the times of the USSR - well, you know! Smiley ), buy small arms and uniforms (sold in any store - well, you know Smiley ) and release you at your request! Smiley

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June 23, 2023, 05:26:12 AM
 #190

Russian refinery output is close to record highs:

https://oilprice.com/Latest-Energy-News/World-News/Russias-Crude-Oil-Processing-Hits-New-Highs.html

At the time, Center for Research on Energy and Clean Air (CREA) recently published an article claiming that NATO countries purchased €42 billion worth of refined products, that were produced using Russian crude.

https://energyandcleanair.org/publication/the-laundromat-how-the-price-cap-coalition-whitewashes-russian-oil-in-third-countries/

Everyone is blaming India, but if you check this graph, you can see the important role that Turkey is playing in laundering the Russian hydrocarbons:


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June 24, 2023, 04:38:33 AM
 #191


Everything is within the framework of the law and accepted methodologies in Russia. At the request of the people of your region, tired of oppression, they voted for them and for you! Thanks to everyone who voted and to you for recognizing an independent republic! Smiley Be the brotherly people of the Belgorod People's Republic, which the Kremlin constantly bombs! Smiley

And soon ordinary tractor drivers, teachers and doctors will dig up tanks (a lot of them have been buried there since the times of the USSR - well, you know! Smiley ), buy small arms and uniforms (sold in any store - well, you know Smiley ) and release you at your request! Smiley
Now even more significant events have begun to take place in Russia than the beginning of the national liberation movements of the regions against the Kremlin. It seems that there is a large-scale struggle for power with the use of tanks, aircraft and the capture of Russian cities.

It all started with the fact that, according to the head of the PMC "Wagner" Prigozhin, the Russian army received the task of eliminating the militants of the PMC "Wagner", who remained in the vicinity of Bakhmut. Apparently, the Kremlin decided not to let armed prisoners out of the front. However, Yevgeny Prigozhin's mercenaries did not wait for their enemy to start executing the order, and they themselves opened fire on Russian regular troops.

On the afternoon of June 23, Prigozhin accused the Russian Defense Ministry of lying about successes at the front in Ukraine and said that the Kremlin had lied about the reasons for the invasion of Ukraine. He stated that Ukraine was not going to attack Russia and did not pose any threat to it, and that for the past eight years it had not shelled the Donbass region, but defended itself from the attack of Russian soldiers. For such statements, the Kremlin opened a criminal case against Prigogine.

On the evening of June 23, Prigozhin accused the Russian military of attacking the rear camp of mercenaries. According to Prigozhin, "a huge number of fighters died." In his last audio address, he specified that a missile strike was carried out, after which helicopters and then artillery worked. Prigozhin noted that the orders to destroy the Wagner came from Chief of the General Staff Valery Gerasimov after a meeting with Defense Minister Sergei Shoigu. Therefore, Prigozhin announced his intention to eliminate Shoigu and the military command of the Russian Federation.

Russian media recently reported on the seizure of the headquarters of the Southern Military District, the buildings of the local FSB and the Ministry of Internal Affairs, as well as the administration of Rostov by Prigozhin's armed men. At the same time, Prigozhin said that his people, and these are 25 thousand fighters, had already shot down two helicopters that fired at their columns moving towards Rostov.

Rostov was taken without a fight, but a fight with Kadyrovsky Akhmat is expected on the Rostov-Taganrog highway," the military correspondents write.

Ukraine is watching with interest and curiosity what is happening in Russia and rapidly developing events.

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June 24, 2023, 07:12:31 AM
 #192

While the respected Sithara007 is trying to convince himself that everything is fine in Russia, even after official statements about a more than 50% decrease in oil revenues, as well as the official classification of data on the level of production and reserves of oil and hydrocarbons, those who live in reality observe the impact of events generated by sanctions and related processes (perhaps an attempt to change power), on the economy of a terrorist country Smiley
The picture for yesterday, according to stock quotes, looks like this:

[/url ]

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June 25, 2023, 06:06:09 PM
 #193

Despite the fact that it is customary in Russia to deny the effectiveness of international sanctions, they continue to be introduced even by states "friendly" to it. Thus, one of the largest Chinese banks Bank of China introduced new restrictions for Russian clients. From June 13, Russians cannot make money transactions from Russia to EU, US, UK and Swiss banks.
Similar restrictions have been introduced by banks in other countries, such as Kazakhstan and the United Arab Emirates. All due to the fact that these states themselves are afraid of being subject to secondary sanctions.

Source: https://world.comments.ua/news/china/neozhidannyy-shag-kitaya-dlya-rossii-pekin-vvel-novye-ogranicheniya-714495.html

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June 25, 2023, 07:54:52 PM
 #194

Despite the fact that it is customary in Russia to deny the effectiveness of international sanctions, they continue to be introduced even by states "friendly" to it. Thus, one of the largest Chinese banks Bank of China introduced new restrictions for Russian clients. From June 13, Russians cannot make money transactions from Russia to EU, US, UK and Swiss banks.
Similar restrictions have been introduced by banks in other countries, such as Kazakhstan and the United Arab Emirates. All due to the fact that these states themselves are afraid of being subject to secondary sanctions.

It seems that the crisis in Russia will intensify after the recent events:
- An American-Chinese rapprochement in which America proved its lack of support for the independence of Taiwan, and surely this will ensure the reduction of Chinese support for Russia.
- An American-Indian rapprochement in which the United States made great offers to India, such as military and technological support.
- An American-Iranian rapprochement, in which the United States made more concessions to establish a new nuclear agreement that guarantees Iran higher levels of enrichment of uranium.
- The rebellion of Wagner's forces and the possibility of an internal conflict in Russia after Wagner announced its control over Russian regions.
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June 26, 2023, 09:23:32 AM
 #195

Despite the fact that it is customary in Russia to deny the effectiveness of international sanctions, they continue to be introduced even by states "friendly" to it. Thus, one of the largest Chinese banks Bank of China introduced new restrictions for Russian clients. From June 13, Russians cannot make money transactions from Russia to EU, US, UK and Swiss banks.
Similar restrictions have been introduced by banks in other countries, such as Kazakhstan and the United Arab Emirates. All due to the fact that these states themselves are afraid of being subject to secondary sanctions.

It seems that the crisis in Russia will intensify after the recent events:
- An American-Chinese rapprochement in which America proved its lack of support for the independence of Taiwan, and surely this will ensure the reduction of Chinese support for Russia.
- An American-Indian rapprochement in which the United States made great offers to India, such as military and technological support.
- An American-Iranian rapprochement, in which the United States made more concessions to establish a new nuclear agreement that guarantees Iran higher levels of enrichment of uranium.
- The rebellion of Wagner's forces and the possibility of an internal conflict in Russia after Wagner announced its control over Russian regions.


The only thing I will add, this is my personal opinion, is about Taiwan. For some reason I am sure that all this will be beautifully presented both inside China, inside the U.S., and for the world stage.
For China there will be a pitch - we found common ground with Taiwan and the U.S., they agreed that Taiwan is part of China and nothing else.
For Taiwan, the scheme of "wide autonomy" and security guarantees for private businesses and businesses owned/controlled by the Taiwanese government will most likely be implemented.
For the world, it will be produced by a joint, three-party statement of China, Taiwan, U.S. - we have found a compromise, learn how modern countries, politicians should conduct relations.
...And on the backs of civilization will finish the center of the new brown plague and tear it to pieces, smiling sweetly Smiley I'm sure China will "unexpectedly" get the "historical territories", or get the right of external control until the remnants of russia are stabilized.


But also to the news from Russia Smiley

About how good and safe to do business with Russia:
Germany's largest bank said in a June 9 note seen by Reuters that it had discovered a shortage of shares securing depositary receipts issued by Deutsche Bank before Russia's "military special operation" in Ukraine. The shares themselves were held in Russia at another depository bank.

In a note, Deutsche Bank explained the absence of some of the shares by Moscow's decision to allow investors to convert some depositary receipts into Russian securities. The conversion was carried out without the participation or supervision of the German bank, which failed to reconcile the companies' securities with the depositary receipts. This is the first time a major bank has officially notified holders of depositary receipts that they may not receive ownership of all the shares to which they are entitled, two sources advising foreign holders of Russian receipts told Reuters.

Most traders have written down the value of Russian assets, reducing it to zero, but some are still hoping for a recovery in the future.

The clutches of the totalitarian regime are tightening:
The state has taken the biometrics of 75 million Russians from banks. Russian banks began transferring their customers' biometric data to the state Unified Biometric System (UBS GIS).
According to "Kommersant", credit institutions must provide the state data of Russians until September 30, 2023, and 30 days before the transfer of data to notify customers.
For what purposes this data will be used - you can only imagine. By the way, it is possible that this data can be used to access the data of crypto-exchanges.


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June 26, 2023, 11:07:06 AM
 #196

Russia's economic situation is deteriorating not only as a result of international sanctions due to the military attack on Ukraine, but also as a result of an internal struggle for power. The recent failed rebellion by PMC Wagner, led by Yevgeny Prigozhin, plunged the Russian ruble to a 15-month low, i.e. almost since the beginning of the full-scale war of the Russian Federation against Ukraine.

An attempted military coup by the Wagner PMC, which took place on June 23-24, hastened the fall of the ruble. As of morning, the Russian currency was trading at 85.1 rubles/dollar. This is the lowest level since March 2022, when it fell to record lows a few weeks after the start of the Russian invasion of Ukraine. At the same time, analysts believe that the ruble will continue to fall - up to 90 rubles / dollar. After all, a period of uncertainty continues in Russia.

However, the cash exchange rate of the ruble has already overcome this mark. As early as Saturday, June 24, Russian banks and exchangers raised rates to more than 100 rubles per dollar. A day after Prigozhin announced the withdrawal of his PMC from Moscow, the value of the dollar fell slightly.

In general, since the beginning of the year, the ruble has lost about 13% in value. This made the Russian currency one of the worst in terms of stability among the currencies of the emerging markets of the world.

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June 27, 2023, 06:17:12 AM
 #197

In general, since the beginning of the year, the ruble has lost about 13% in value. This made the Russian currency one of the worst in terms of stability among the currencies of the emerging markets of the world.

Ruble has performed poorly so far in 2023, partly due to the embargo on Russian crude and refined products. But at the same time, don't forget the fact that it was one of the best performing currencies in 2022, despite the ongoing Russo-Ukrainian war. Before the war started on February 2022, Ruble was trading at around 77.50 to the US Dollar. Now the exchange rate is 84.70. It has got devalued, but not to the extend that a lot many of the experts predicted. And one reason for that is the large gold reserves that Russian central bank holds.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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June 29, 2023, 03:52:17 PM
 #198

In general, since the beginning of the year, the ruble has lost about 13% in value. This made the Russian currency one of the worst in terms of stability among the currencies of the emerging markets of the world.

Ruble has performed poorly so far in 2023, partly due to the embargo on Russian crude and refined products. But at the same time, don't forget the fact that it was one of the best performing currencies in 2022, despite the ongoing Russo-Ukrainian war. Before the war started on February 2022, Ruble was trading at around 77.50 to the US Dollar. Now the exchange rate is 84.70. It has got devalued, but not to the extend that a lot many of the experts predicted. And one reason for that is the large gold reserves that Russian central bank holds.
Now the population of this country can only remember about the economic and military power of Russia. There was no need to attack Ukraine. A fatal mistake of the great empire, which, in a collision with a small Ukraine, became weak and vulnerable.

Today, the Russian currency has depreciated to 94.94 against the euro and 11.98 against the yuan, and analysts expect it to fall further. Even the not entirely successful campaign of the Wagnerites against Moscow influences the current fall. Because the shock of the Russians was so great that the panic continues to this day. Everyone suddenly realized that the king was naked and not in control of the situation, a sick and weak old man.
https://m.gazeta.ua/ru/articles/world-life/_rubl-upal-posle-bunta-v-rossii/1149003#:~

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June 29, 2023, 09:18:20 PM
 #199

In general, since the beginning of the year, the ruble has lost about 13% in value. This made the Russian currency one of the worst in terms of stability among the currencies of the emerging markets of the world.

Ruble has performed poorly so far in 2023, partly due to the embargo on Russian crude and refined products. But at the same time, don't forget the fact that it was one of the best performing currencies in 2022, despite the ongoing Russo-Ukrainian war. Before the war started on February 2022, Ruble was trading at around 77.50 to the US Dollar. Now the exchange rate is 84.70. It has got devalued, but not to the extend that a lot many of the experts predicted. And one reason for that is the large gold reserves that Russian central bank holds.

Both I and you know and understand very well that the exchange rate of the local currency, in an isolated country under sanctions, and with severe restrictions on foreign exchange transactions, has no real value! And what you see now is an absolutely artificial picture that the government is trying to keep through manipulations and restrictions. Something like "a good mask for a bad game."
What is the value of the currency of a country that imports almost nothing with high added value, but is only TRYING to manipulate the price of natural resources like oil ? Despite the fact that the manipulations with gas have already ended, a complete collapse Smiley And oil and gas - it WAS the main income of the CURRENCY that filled the state budget.

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July 06, 2023, 01:55:51 PM
 #200

In general, since the beginning of the year, the ruble has lost about 13% in value. This made the Russian currency one of the worst in terms of stability among the currencies of the emerging markets of the world.

Ruble has performed poorly so far in 2023, partly due to the embargo on Russian crude and refined products. But at the same time, don't forget the fact that it was one of the best performing currencies in 2022, despite the ongoing Russo-Ukrainian war. Before the war started on February 2022, Ruble was trading at around 77.50 to the US Dollar. Now the exchange rate is 84.70. It has got devalued, but not to the extend that a lot many of the experts predicted. And one reason for that is the large gold reserves that Russian central bank holds.
The Russian ruble continues its full-scale collapse, dropping below 102 rubles per euro in the morning and falling below the level of 93 rubles per dollar.

Experts unequivocally agree that the greatest blow to the ruble is caused by the fall in Russia's oil and gas revenues, caused, among other things, by Western sanctions. Another serious blow to the stability of the ruble was Prigozhin's military revolt, which became the biggest challenge to the Putin regime during his reign.

Similar exchange rate figures were observed in the first month of the Russian army's invasion of Ukraine, which came as a shock to the Russian economy.

Moreover, earlier the Russian authorities were counting on a weak devaluation, but it is already clear that it is out of control. Since January, the ruble has already fallen by 18%, which is one of the worst indicators among developing countries.

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