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    Russian Economy General News: #7

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    Vann7
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    Russian Economy General News: #7

    Post  Vann7 on Sat Jan 23, 2016 8:25 pm

    kvs wrote:
    Austin wrote:http://tass.ru/ekonomika/2606771

    The low level of budget deficit, public debt and inflation must be the basis for the development of the Russian Federation, said Nabiullina.

    Obviously she is not living on planet Earth.   None of the OECD (which includes all NATO members) conforms to this dogma.

    yeah but that doesn't means is right.. Nabiullina tells the things how it should be
    for a healthy strong economy. Europe is not a healthy strong economy. is a debt one.
    The American policy is to promote debt on its allies ,keep spending ,and pay later. Because
    debt is one way AMerican government can control not only its people but also foreign nations.
    If you can fully control the economy of a nation ,you can control that country. This is why Europe is a colony of Americans..and Russia is not.

    So even though not an economist or expert in anyway on the topic. Common sense still applies
    to Economy. And it tells me ,that the best thing Russia can do ,is be a debt free as possible from the west that is.. When you are debt free you can literary live with very little economy ,next to nothing. in the most extreme cases ,Russians can only eat their own food and provide their own electricity.  In an utopian scenario , Ideally it will be better for Russia if it was 100% self sufficient nation and provided all its needs every citizen locally. without almost no government help. Need a house? here is free land. build one with those free trees. Need electricity? build solar panels or any other mechanical machine to provide it.  

    There is already communities in Russia that live without money and it works. People help one
    to another .To have debt with someone that you cannot avoid to pay, it means ,they have
    a way to control you. Since you own them money.If Russia had no debt ,then 100% of the Government money will go directly to investment of the country. means more money to spend. So i see the logic of nabuillina is Russia avoiding debt. However this can work the other way , it could not be bad if Russia makes a loan to China if they need it ,because is a friendly nation. So if any problem arise ,it can be paid in many alternative ways , like trading materials or work labor. etc.

    That said ,you can't use Europe as an example here. They are colonies of Americans. it should
    be an example of how not to Run a nation. Europe cannot even secure their own nations from
    millions of muslin migrants with ISIS infiltrators ,because of American policies.

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    Russian Economy General News: #7

    Post  sepheronx on Sat Jan 23, 2016 8:26 pm

    A Different Voice wrote:
    kvs wrote:
    Austin wrote:http://tass.ru/ekonomika/2606771

    The low level of budget deficit, public debt and inflation must be the basis for the development of the Russian Federation, said Nabiullina.

    Obviously she is not living on planet Earth.   None of the OECD (which includes all NATO members) conforms to this dogma.

    Everyone on here disagrees with Kudrin and Nabiullina about certain issues related to Russia's budget and economy. Here, everyone knows how to run things better. They Nabiullina and others is are idiots, incompetent, or a traitors, etc.  They think deficits and a crashing ruble will have only positive effects on Russia.

    I have a different view. Nabiullina and others in the Russian government have done a good (but not perfect) job at dealing with a difficult economic period for Russia. She does not deserve criticism for her actions and for statements like the one above.

    And the head of Sberbank, Russia's largest bank, German Gref comes from same quilt as Kudrin from higher school of economics, said something real stupid that proves our point.  Should I point it out again?

    To make matters worst, well, lets just say that Awara group proved him wrong.  They also prove Nabiullina wrong as well.  There is an even bigger fundamental problem here:

    You guys will believe anything that is written by them.  You are aware that there are a thing called bad leaders, incompetent people, and piss poor management, correct?  Or do you guys have this belief that whatever they write, is right simply because they hold a higher position?  Are you guys really that incoherent to actually believe this BS?  If that was the case, then how come countries economies fall apart?  Why was it stated that it was the CBR that caused the GDP decline due to their interest rate policies?

    Have any of you guys been through a time when interest rates were 18% or higher?  I have.  My family has.  Let me tell you, that time was horrific for Canada.  We lost business, industries, we lost homes we lost vehicles, more people ended up on the streets as they could not afford homes (so child homelessness increased drastically) and so on.  It really wasn't pretty.  Basic monetarists just look at basic meters as a way to help solve their issues - inflation.  But let me tell you, the inflation rate was barely anything, 16% is barely anything.  Even if inflation was 100% it would be nothing overall.  100% inflation rate on food goes from lets say $3 for an item now is $6 theoretically.  But not all items are measured in the same case.  But what is better? Paying $6 for that item or losing your job entirely, your livelihood, and the likes?  Well, out of experience (real experience), I rather choose the higher inflation rates.  If they had increased interest rates to something more modest rather than jumping it to 17% like they initially did, than I wouldn't be complaining about the CBR.  But their little stunt they pulled was absolutely pathetic.  It falls under the idea that Nabiullina doesn't know what she is doing.

    What really now damages your image even more "different voice" is you defended Kudrin.  I have already posted enough articles and points against the guy regarding about how he doesn't work for Russia.  The point of his economic policies is to damage Russia, not help it. His economic policies of the past is what has caused the issues Russia has today.  Sitting on a pile of cash and NOT INVESTING IT BACK AT HOME is what caused Russia to be more dependent on oil and has given way for taking things a lot longer to move away from in terms of diversification that these retards keep preaching about today.  Well, they should look in the mirror as to who was at fault for that.

    http://www.awarablogs.com/german-gref-is-wrong-about-russian-economy/

    This guy is head of Sberbank.  He should be fired immediately.

    http://russia-insider.com/en/alexei-kudrin-strikes-out-again/ri12223

    Here is on Alexy Kudrin.  Say that name again as something that makes sense Different voice, and I will view you as a massive troll who has no idea about whatever you are making claims, which I already am starting to think is the case.

    Here is what Kudrin wants. He wants to cut the the military. Guess what? MiC accounts for 20% of the industrial production of Russia:
    http://sputniknews.com/russia/20090602/155148607.html

    What do you think would happen to 20% of the industrial enterprises, the ones who do not fall under it (Metallurgy industries, plastic industries, etc etc) whom also benefit from it? Roughly over 600,000 people work for the defense industries. How many people will be out of a job and how much will the social costs in the budget will increase to be able to take care of these people? You really have no idea how the Russian economy is reliant on such activities, do you?

    Vann7 wrote:
    kvs wrote:
    Austin wrote:http://tass.ru/ekonomika/2606771

    The low level of budget deficit, public debt and inflation must be the basis for the development of the Russian Federation, said Nabiullina.

    Obviously she is not living on planet Earth.   None of the OECD (which includes all NATO members) conforms to this dogma.

    yeah but that doesn't means is right.. Nabiullina tells the things how it should be
    for a healthy strong economy. Europe is not a healthy strong economy. is a debt one.
    The American policy is to promote debt on its allies ,keep spending ,and pay later. Because
    debt is one way AMerican government can control not only its people but also foreign nations.
    If you can fully control the economy of a nation ,you can control that country. This is why Europe is a colony of Americans..and Russia is not.

    So even though not an economist or expert in anyway on the topic. Common sense still applies
    to Economy. And it tells me ,that the best thing Russia can do ,is be a debt free as possible from the west that is.. When you are debt free you can literary live with very little economy ,next to nothing. in the most extreme cases ,Russians can only eat their own food and provide their own electricity.  In an utopian scenario , Ideally it will be better for Russia if it was 100% self sufficient nation and provided all its needs every citizen locally. without almost no government help. Need a house? here is free land. build one with those free trees. Need electricity? build solar panels or any other mechanical machine to provide it.  

    There is already communities in Russia that live without money and it works. People help one
    to another .To have debt with someone that you cannot avoid to pay, it means ,they have
    a way to control you. Since you own them money.If Russia had no debt ,then 100% of the Government money will go directly to investment of the country. means more money to spend. So i see the logic of nabuillina is Russia avoiding debt. However this can work the other way , it could not be bad if Russia makes a loan to China if they need it ,because is a friendly nation. So if any problem arise ,it can be paid in many alternative ways , like trading materials or work labor. etc.

    That said ,you can't use Europe as an example here. They are colonies of Americans. it should
    be an example of how not to Run a nation. Europe cannot even secure their own nations from
    millions of muslin migrants with ISIS infiltrators ,because of American policies.

    No.  It just means that she is trying to play a losing game in this market.

    Did you know that Economics isn't a science?  Did you know there really isn't much for indicators that it is part of nature?  It is man made.  And as such, she is trying to sound like a voice of reason in the world economy today - but all she is doing is putting Russia in a path that wont let it win at all.  China is growing despite all the issues of the world, and they are doing it by playing the same dirty games the west plays.

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    Re: Russian Economy General News: #7

    Post  Vann7 on Sat Jan 23, 2016 9:08 pm

    sepheronx wrote:
    Did you know that Economics isn't a science?  Did you know there really isn't much for indicators that it is part of nature?  It is man made.  And as such, she is trying to sound like a voice of reason in the world economy today - but all she is doing is putting Russia in a path that wont let it win at all.  China is growing despite all the issues of the world, and they are doing it by playing the same dirty games the west plays.

    Nabullina is saying that Russia government should not overspend its budget. I don't see
    the crime with that. lol She is asking for Russian government to balance its budget so she have
    an easier time dealing with inflation. That sounds like logical to me.

    Russia spend a lot of money if CRAP .. like this..

    http://tradebridgeconsultants.com/news/government/russia-to-pay-war-veterans-in-latvia-lithuania-and-estonia/

    This is ridiculous stupid ,Russia is not United Nations of charity for the word to give away money so easily for free and if i was a Russian MP will have protested giving a single ruble to anyone living outside Russia for populism.

    Russia also overspend a lot in useless military , like Soviet Warships , they have too many ,
    and they are only useful to project power outside Russia, Russia don't need that. Cut in half in the navy budget ,decomission most soviet warships that are huge and only use small warships corvettes with kalibers missiles can do the job. and cuts in sports too . Cut the salary of all top government positions by half ,including duma and governors and use the savings in budget to
    build roads and create jobs and expand the space program something that create more jobs, and helps modernize Russia industry. Just few examples of how Russia can adjust its budget ,
    what nabullina proposed without sacrificing anything of value that hurts the Russians citizens that more affected will be. Increase taxes on luxury ,but also on anything that is not food , gasoline too that should be very cheap. etc.

    And only get more debt if there is no other choice, if that is the only way ,to continue operating and taxes and reducing salaries of the more wealthy people already done. it will be temporary for a year or two. The West ,neither US ,Canada or Europe should not be used as an example of how a strong Economy should be run. Those are slaves economies of someone else.



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    Re: Russian Economy General News: #7

    Post  kvs on Sat Jan 23, 2016 10:00 pm

    It is absurd how we have these two true believers of monetarist dogma wagging their finger at Russia even though both of
    them live in countries that never conformed to that dogma. This ends the discussion full stop. The finger waggers are
    hypocrites and clearly do not understand economics and finance.

    At at time when Russia is shedding debt on a massive scale (cf the figures for 2014 and 2015) we have this brazen liberast
    kreakl bleating about Russian debt. It's the same pattern with these clowns, always. They yell to try and push Russia
    in the wrong direction and their full time job is to smear and misrepresent the situation there.

    Putin should live up to his NATzO created reputation and kick all of these monetarist clowns out of their jobs. The rapid
    attenuation of the inflation shock from the ruble devaluation in late 2014 proves that Russia is not in an inflation-sensitive
    regime. The interest rates can be dialed down to 4% without any threat of dramatic increases of inflation. Based on the
    actual economic data and not monetarist voodoo beliefs, I would say there will be no sustained inflation jump at all from such an
    interest rate reduction. The main effect will be a further ruble devaluation. As with the current inflation response to the
    ruble "collapse" to 80 to the dollar, the economy has already adapted to minimize the import price shock.

    BTW, an interesting "paradox" of high interest rate policies is that they can actually make inflation worse by weakening the
    economy. The macroeconomic response is nonlinear and simply dialing the interest rates is not going to produce a monotonic
    inflation response. The nest of 5th columinists at the CBR and the in Ministry of Finance needs to be cleared out. They
    are doing nothing more than damaging Russia's economy. This is a Yeltsin era legacy that has to be rectified.

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    Re: Russian Economy General News: #7

    Post  sepheronx on Sun Jan 24, 2016 12:42 am

    kvs wrote:It is absurd how we have these two true believers of monetarist dogma wagging their finger at Russia even though both of
    them live in countries that never conformed to that dogma.   This ends the discussion full stop.   The finger waggers are
    hypocrites and clearly do not understand economics and finance.

    At at time when Russia is shedding debt on a massive scale (cf the figures for 2014 and 2015) we have this brazen liberast
    kreakl bleating about Russian debt.   It's the same pattern with these clowns, always.   They yell to try and push Russia
    in the wrong direction and their full time job is to smear and misrepresent the situation there.

    Putin should live up to his NATzO created reputation and kick all of these monetarist clowns out of their jobs.   The rapid
    attenuation of the inflation shock from the ruble devaluation in late 2014 proves that Russia is not in an inflation-sensitive
    regime.    The interest rates can be dialed down to 4% without any threat of dramatic increases of inflation.   Based on the
    actual economic data and not monetarist voodoo beliefs, I would say there will be no sustained inflation jump at all from such an
    interest rate reduction.   The main effect will be a further ruble devaluation.   As with the current inflation response to the
    ruble "collapse" to 80 to the dollar, the economy has already adapted to minimize the import price shock.  

    BTW, an interesting "paradox" of high interest rate policies is that they can actually make inflation worse by weakening the
    economy.   The macroeconomic response is nonlinear and simply dialing the interest rates is not going to produce a monotonic
    inflation response.   The nest of 5th columinists at the CBR and the in Ministry of Finance needs to be cleared out.   They
    are doing nothing more than damaging Russia's economy.    This is a Yeltsin era legacy that has to be rectified.

    This.  And even if they aren't blatant 5th columnists like Kudrin was, they at least have no idea besides whatever crap they are peddling.  They all come from the same school, there is no alternatives to this school:
    http://www.hse.ru/en/
    It is a joke of school set up in the 90's by the west.  The people who go there believe the crap that is taught to them and it is the same crap that is to help keep Russia down and in "its place".

    Take a look at the history section of the school:
    http://www.hse.ru/en/info/hist/
    The Higher School of Economics (HSE), Moscow, Russia, was established in 1992 on the initiative of renowned Russian economists (Evgeny Yasin, Yaroslav Kuzminov) and leading reformists from the Russian Government (Yegor Gaidar, Alexander Shokhin, and others)

    How pathetic. Gaider and Yasin were 5th column traitors (Gaiders daughter lives in Ukraine now promoting anti Russian hysteria) and are the people responsible for pretty much most of Russia's woes of the 90's.

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    Re: Russian Economy General News: #7

    Post  sepheronx on Sun Jan 24, 2016 1:49 am

    KVS, do you have the figures of oil+Gas as % of GDP from years 2000 to 2011? These are the years that Kudrin ruled. I know they drastically fell after he had left.

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    Re: Russian Economy General News: #7

    Post  kvs on Sun Jan 24, 2016 2:18 am

    sepheronx wrote:KVS, do you have the figures of oil+Gas as % of GDP from years 2000 to 2011?  These are the years that Kudrin ruled.  I know they drastically fell after he had left.

    2000: 20.1%
    2001: 14.6%
    2002: 14.4%
    2003: 15.5%
    2004: 17.1%
    2005: 20.2%
    2006: 19.3%
    2007: 16.5%
    2008: 17.8%
    2009: 13.4%
    2010: 14.7%
    2011: 16.1%

    (http://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS?page=3)

    I don't see any stellar management from Kudrin. The low point in 2009 was because of the recession and the oil price crash.

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    Re: Russian Economy General News: #7

    Post  sepheronx on Sun Jan 24, 2016 2:52 am

    kvs wrote:
    sepheronx wrote:KVS, do you have the figures of oil+Gas as % of GDP from years 2000 to 2011?  These are the years that Kudrin ruled.  I know they drastically fell after he had left.

    2000: 20.1%
    2001: 14.6%
    2002: 14.4%  
    2003: 15.5%
    2004: 17.1%
    2005: 20.2%
    2006: 19.3%
    2007: 16.5%
    2008: 17.8%
    2009: 13.4%
    2010: 14.7%
    2011: 16.1%

    (http://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS?page=3)

    I don't see any stellar management from Kudrin.    The low point in 2009 was because of the recession and the oil price crash.

    Which would be case today as well, but even less than before (Oil in 2009 dropped to roughly $35/USD). It has been quite high under Kudrin era the dependency on oil and gas. Gee, I wonder why. His magic?

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    Re: Russian Economy General News: #7

    Post  Vann7 on Sun Jan 24, 2016 4:04 am

    Im still on the believe that the one that needs to go is Putin.  to another position or either
    the position of President of Russia should be exclusively only to deal with war or diplomacy
    and should not touch his fingers anything related with management of economy..
    After all it was Putin who hired Kudrin. and it was Putin who allowed him to create
    an Economy in Russia that is dependent of the west. Russia is wasting Trillions and trillions
    of rubles in useless things that they will not need. Why will Russia need an Aircraft carrier?
    can't Russian planes just take off from Russian land to defend it? why Russia needs 11 soviet destroyers with thousands of sailors that are paid a lot for being in active duty for their training
    of a fictional war that will never happen.. and if happen Russian corvettes or Frigates will do the job. Why Russia needs to spend so much in developing more nuclear weapons? Why Russia needs military bases in the artic? isn't that retarded? Russia waste a HUGE sum of money preparing for a war.. instead of investing money for AVOIDING it. like for example being a
    USEFUL nation and not an useless one ,that nobody needs other than discounts in Gas.

    Russia major problem is an image problem. that is not seen as good
    enough for Europe to get them closer to Russia. The way out for Russia of the economic war
    and potentially military one is to become a leader in the world , a nation that produce the things
    that everyone wants. Japan with half the population produce more technology than Russia.

    What created the Euromaidan revolution? did americans put a gun on Ukrainians to go protest
    to separate from Russia? NO.. they wanted to do it ,and will have done it for free even if not paid. Ukrainians wanted the European/American quality of life, with their developed economies and all the business they have. They wanted progress ,development and future. things  Russia have not been effective in promoting since even RUssia export most of its technology from the west. Is not sexy to be close to Russia.. this have been told by the European Union top chief.  Why everyone dislike Russia so much in the west? Because is not USA. do not have the leadership in technology and development and entertainment they have. Americans have everything people really like and needs. Russia only space rockets and nukes. this is the problem with Russia ,that had not awakened and not had an Industrial revolution. and this is the source of Russia problems. that continues to boycott American Imperialism in the world but offers NO ALTERNATIVE. to them.
    they want Europe to stop being colonies of Americans but Russia offers NOTHING in change to replace USA leadership.  Putin says is not interested in leading the world or being a super power,then get the hell away of that position and put someone else in Russia with vision.

    Putin problem is old , and it have soviet mentality , and live from previous glory. You cannot live form the past ,or the glory of Russia empire. Russia needs to live in the present now ,leave World war 2 behind and become a leader ,and competes with Americans.. in the most prestigious things. Had Russia was as dedicated in Electronics and Enterntainment as they are
    is Space rockets.. We will not see today Russia in the situation is now ,with half of the planet ,the most developed one ,not taking seriously Russia interest. Putin complains and complains the west don't take Russia seriously. but he is to blame for that. he does nothing to EARN the respect from the west. Developing more nukes ,and offering cheap gas discounts is not the way Russia to be taking seriously by the western developed world. developing the cure for CAncer and Aids  or becoming really good in electronics or lead in entertainment or produce innovating cars.  

    Russia needs to get rid of its attachment to the past. What creates the future is not
    the glory of the past but the decisions of the present. and choose to become a leader in the world and a real replacement to USA. it can do it with CHina help.. doesn't matter. as long
    Russia leads.  

    What is economy? is TRUST. People don't trust in Russia capabilities. This is what means to have a low economy. If People trust in Russia capabilities, investors will support the Ruble no matter what.. and Russia will be leading the world in many fields of science and technology.
    Russia biggest problem in that is not leading ,and neither shows serious interest to compete
    with the west. SOme scientist develop a Yotaphone with a lot of potential and what the morons do? they sell it to China. lol the government do nothing to secure that business for Russia. They develop a Marussia car with a lot of promise and what they do? they dont buy it. Is like politics. Russia needs to Advertise better itself in the world and producing /inventing things people like is the way to do it. Cutting the budget in the things they get world admiration , (like space program) and increasing it in the things that people make jokes , like its soviet navy is not the way Russia will become a super economy anyday.

    Russia needs a new leader with vision ,Putin unfortunately is not that man.
    He is patriotic for sure and a good man. but his vision of Russia is obsolete to say the least.
    People in Russia needs to stop gloryfying its past so much ,making parks about world war 2 ,
    restaurants about world war 2.. and start living in the present.

    Russia needs a president someone that truly understand how important is to project the correct image in the world ,if they have any plans to attract many investors and become an innovating nation.  You have ukrainians praising all American made things, Darth vader statues ,darth vaders parties ,This is what Russia needs. To Reinvent itself and stop living in the soviet past and create an industrial revolution. i Can assure you ,had Russia
    was a very developed nation in Movies ,Entertainment ,and have a very strong semiconductor industry ,to be something like Japan is, with an developed economy,the EuroMaidan will have not happened at all. People will be protesting in kiev not to join the EU.. instead but to join Russia. And none of this wars in the middle east will be happening ,because the Russian economy will not be dependent in Oil. and only a small part of it.

    At every time , a day do not pass that i go to youtube and where always people make jokes about Russia rusty soviet hardware or the poor quality of its hardware. Whether they are wrong is not the important thing here.. the perception that Russia is behind and dated is what kills Russia image in the world. and this is what needs to change. Economy is very similar to Politics ,in that perception can do the biggest different in attracting followers. Send the wrong image.
    The European Union wants to get rid of Americans..the major problem they face is that Russia is not an alternative yet to them..and this is the way out for Russia to defeat any attempt to be isolated in the world or avoid a war.. is not by making more nukes ,like Mr Putin thinks,
    or patroling more seas ,or gas discounts but by making Russia a technology leader in the
    things that people more like to spend their hard earned money ,whenever in Christmast or special days. Russia could learn a lot from Japan , have near half Russia population with a
    tiny land and yet their products are seen about the best in the world and their cars very fine too.



    Last edited by Vann7 on Sun Jan 24, 2016 4:35 am; edited 1 time in total

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    Re: Russian Economy General News: #7

    Post  sepheronx on Sun Jan 24, 2016 4:19 am

    Edit: Forget it, this is a waste of my time.

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    Re: Russian Economy General News: #7

    Post  sepheronx on Sun Jan 24, 2016 4:34 am

    2015 export sales of Polypropylene from Russia increased by 59%

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    Re: Russian Economy General News: #7

    Post  Vann7 on Sun Jan 24, 2016 4:57 am

    sepheronx wrote:Edit: Forget it, this is a waste of my time.

    finally , just dont take me wrong..

    I dont think Russia is dated.. but they have serious problems in projecting ,selling
    their nation to the outside. Huge problems of perception that is just a Gas station that
    produce cheap rockets. i see lots of videos of Russian bloggers and the comments and
    i frequently see are , are there luxury apartments in Russia? is everyone feeding well there?  lol1

    Russia dont know how to advertise themselves in the world as a leading nation.
    and do not understand how materialistic is the west.Christian values is worth of shit
    for the west , money and technology with quality life is what drive people in the west.
    They have a good media but dont take advantage of it .  Rolling Eyes

    Is really sad to see a nation with so much potential being wasted by a Government  
    with such short sight of the world. Russia future depends on its business and technology
    and social development..and not in how effective are their nukes or how many oceans they can cross with their navy.  Cutting the budget on education and cutting space budget is completely retarded .  Russia waste a lot of money in things they don't need ,that could redirect to creating
    an industrial revolution. things that could effectively allow Russia not only to be taken more seriously as an alternative for US ,but also to really diversify its economy and being totally self
    sufficient nation that produce all it needs. US is already a self sufficient nation in terms of technology and entertainment and can produce all its needs.. they just are too ambitious and wants the entire world under their control. So Russia cannot continue delaying its industrial revolution if ever wants a chance to end the cold war americans have on them. I will like to see
    a Russia that really wants to lead in the world and compete with Americans in the things people more admire enjoy and will like to have. There is  NO FUCKING REASON or lame excuse other than total lazyness,why Russia do not invested on its own Operating System for civilian or business use ,comparable to Windows 7 .and depend for so many decades in buying from Microsoft. thats inexcusable. and no fucking reason for Russia to not start its own Internet connecting all Asia and not waiting for Americans to disconnect them. Just before sanctions on Russia began ,Russia was buying chicken and eggs from USA. lol1 Who was the idiot who
    created so lame economy model?

    Russia is always 2-3 steps behind and do not see ,how every negative event they experience with the west the lesson to be learned is that Russia needs to become a fully self sufficient nation and not depend anymore from the west. is not an impossible what they need to do.. already they are independent on its military and space. very few nations do that. but they need
    to also develop is business to develop the things that that every civilian needs and are important and prestigious. at least in the most important things. is not like Russia needs to make their own toilets now. or produce their own vacuum cleaners. lol1

    Regular
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    Re: Russian Economy General News: #7

    Post  Regular on Sun Jan 24, 2016 6:03 am

    Well Vann, You have to visit Russia more often. When You leave Moscow, Piter, 100 km and You are in the wild frontier. Outside those hubs poverty is crippling, not that is governments fault per se, nothing is given on silver plate anymore. I think few generations of homo sovieticus have die off and more industrious people will emerge.
    And Russia can't be completely self sufficient, it's not war time. There are only few countries that are self sufficient and they don't look too good

    sepheronx
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    Re: Russian Economy General News: #7

    Post  sepheronx on Sun Jan 24, 2016 6:08 am

    Regular wrote:Well Vann, You have to visit Russia more often. When You leave Moscow, Piter, 100 km and You are in the wild frontier. Outside those hubs poverty is crippling, not that is governments fault per se, nothing is given on silver plate anymore. I think few generations of homo sovieticus have die off and more industrious people will emerge.
    And Russia can't be completely self sufficient, it's not war time. There are only few countries that are self sufficient and they don't look too good


    Edit: Disregard that, Rural only is 27%.

    Yet, the poverty rate is below that.  Disregard the BS as well about the whole poverty rate increase because of exchange rate, as that is media sensation and BS.  It went up by 16% in correspondence to the wages, but not the # of poverty stricken people.

    Village life I guess would be shit.  Maybe town life is more adequate.

    I imagine over time, many of these soviet villages will just die off completely while various smaller towns (10K pop or higher) will end up growing due to the migration process. Thus these towns will end up building more business to accomodate the growth in population and thus increaseing the amount of wealth distributed in the town. Villages have a lot less to work around with. Besides villages that rely entirely on agriculture production and built specifically for agricultural purposes, which exist now since about a year or two ago.

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    Re: Russian Economy General News: #7

    Post  Austin on Sun Jan 24, 2016 8:34 am

    Russia shows turn to East in Davos

    http://tass.ru/en/economy/851786

    TheArmenian
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    Re: Russian Economy General News: #7

    Post  TheArmenian on Sun Jan 24, 2016 9:30 am

    Regular wrote:Well Vann, You have to visit Russia more often. When You leave Moscow, Piter, 100 km and You are in the wild frontier. Outside those hubs poverty is crippling...

    This is not unique to Russia or Soviet Union. For example, when you leave Toronto (which is the most prosperous city in Canada) 100km you will see the same great disparity in income, prosperity etc...

    Regular wrote: not that is governments fault per se, nothing is given on silver plate anymore.

    Of course. Same applies everywhere in the globe.

    Regular wrote: I think few generations of homo sovieticus have die off and more industrious people will emerge.

    My friend, you are from the homo sovieticus generation.
    Your way of thinking is typical from that generation with all the cliches, stereotypes and fixed ideas.

    Regular wrote: And Russia can't be completely self sufficient, it's not war time. There are only few countries that are self sufficient and they don't look too good
    No disagreement in general with this statement.
    But again, it depends on what your definition of self-sufficiency is.
    For me, self sufficiency means having or producing all the goods and services needed to live and prosper without the need of importing.
    Pineapples, dates and Rolls Royces are not part of the above. They are nice to have of course, but they will have to be imported.




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    Re: Russian Economy General News: #7

    Post  kvs on Sun Jan 24, 2016 2:27 pm

    sepheronx wrote:
    Regular wrote:Well Vann, You have to visit Russia more often. When You leave Moscow, Piter, 100 km and You are in the wild frontier. Outside those hubs poverty is crippling, not that is governments fault per se, nothing is given on silver plate anymore. I think few generations of homo sovieticus have die off and more industrious people will emerge.
    And Russia can't be completely self sufficient, it's not war time. There are only few countries that are self sufficient and they don't look too good


    Edit: Disregard that, Rural only is 27%.

    Yet, the poverty rate is below that.  Disregard the BS as well about the whole poverty rate increase because of exchange rate, as that is media sensation and BS.  It went up by 16% in correspondence to the wages, but not the # of poverty stricken people.

    Village life I guess would be shit.  Maybe town life is more adequate.

    I imagine over time, many of these soviet villages will just die off completely while various smaller towns (10K pop or higher) will end up growing due to the migration process.  Thus these towns will end up building more business to accomodate the growth in population and thus increaseing the amount of wealth distributed in the town.  Villages have a lot less to work around with.  Besides villages that rely entirely on agriculture production and built specifically for agricultural purposes, which exist now since about a year or two ago.

    The claims being made about Russia are always over the top and nonsense.  Why would poor villagers in Russia's hinterland have their
    standard of living affected by import price increases?   Do they buy imported cars and electronics?   These are exactly the people that
    are least affected by the forex change and the current Russian recession.  Please, people, use your brains instead of repeating brazen inanity.

    I will second what TheArmenian said, if you go out into the Canadian hinterland you also see a large negative standard of living gradient
    from the big cities.  The same is true in the USA.  This is good old capitalism at work, learn to love it.

    sepheronx
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    Re: Russian Economy General News: #7

    Post  sepheronx on Sun Jan 24, 2016 2:47 pm

    Best example is going to Dauphin Manitoba.  Brandon Manitoba is very nice in regards of its beauty but still classified as poor compared to lets say Winnipeg.  Dauphin on the other hand is much worst.

    Doesnt help that the natives here tend to burn things down like the Ford dealerships (lol).

    And yes, KVS is definately correct.

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    Re: Russian Economy General News: #7

    Post  Vann7 on Mon Jan 25, 2016 12:43 am

    Regular wrote:Well Vann, You have to visit Russia more often. When You leave Moscow, Piter, 100 km and You are in the wild frontier. Outside those hubs poverty is crippling, not that is governments fault per se, nothing is given on silver plate anymore. I think few generations of homo sovieticus have die off and more industrious people will emerge.
    And Russia can't be completely self sufficient, it's not war time. There are only few countries that are self sufficient and they don't look too good

    Russia have many nice cities ,not just moscow or stpeterburg.. Rostov on don , Sochi ,Ekaterine burg, Kazan.. etc.// more than a dozen very similar to Europe. Russia problem is in the area of business development ,that is not as competitive as the west. US owns the fast foods , the entertainment ,the Semiconductor industry and it is seen as leader somehow in space. is pretty much a complete developed nation with a corrupt government trying to destroy the world. Russia all needs to do is expand the competition to more areas ,different that military and space. Even if Russia do not beat the west in technology ,at least will have an alternative business and alternative technology to anything Russians like to have from the west.

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    Re: Russian Economy General News: #7

    Post  Austin on Mon Jan 25, 2016 5:43 am

    Saudi are burning their reserves , Check this report from Bloomberg

    Saudi Arabia's Secret Holdings of U.S. Debt Are Suddenly a Big Deal

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    Re: Russian Economy General News: #7

    Post  JohninMK on Mon Jan 25, 2016 11:50 am

    Bit of a change from 86 peak last week! Good or bad?

    The Russian ruble is trading stronger on the foreign currency market at 76.65 rubles to the dollar and 83.02 to the euro as oil prices increase, according to Monday morning market statistics.

    MOSCOW (Sputnik) – Brent oil is currently trading at $32.40 per barrel.


    Read more: http://sputniknews.com/russia/20160125/1033654039/ruble-economy-exchange-statistics.html#ixzz3yFh3fP8c

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    Re: Russian Economy General News: #7

    Post  PapaDragon on Mon Jan 25, 2016 2:56 pm



    Putin's Payoff? Gold Surges Amid Stock Market Mayhem

    http://sputniknews.com/business/20160125/1033665655/gold-rise-russia-reserve.html

    Gold prices and holdings have surged in January, amid increased volatility in markets and new geopolitical risks. Could the new rise in prices save Russia's finances, long rumored to be increasingly gold-based?

    Gold prices have surged since the beginning of 2016, amid oil price and financial market volatility, as holdings of the metal by investors more than reversed losses in December.

    Gold holdings, as well as prices grew by record amounts, according to data compiled by Bloomberg, as stocks and commodities first crashed and then surged in January, amid increasing instability in China's economy and the Middle East's geopolitics. Russia's own holdings in the metal have remained constant in dollar terms while growing greatly in volume, creating speculation in the financial press about Russia's true intentions..................................


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    Re: Russian Economy General News: #7

    Post  A Different Voice on Mon Jan 25, 2016 4:17 pm

    Some good news about foreign investment in Russia. Per the article McDonald's will open more than 60 Russian stores in 2016. Capitalizing on recent market share growth and local suppliers.

    McDonald's to expand in Russia

    Sounds like McDonald's has learned to compete and thrive in Russia and sees further expansion as likely there.

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    Re: Russian Economy General News: #7

    Post  sepheronx on Mon Jan 25, 2016 4:57 pm

    They are also dumping foreign suppliers too and looking at domestic due to prices, so a bigger win for Russian agriculture.  So that means no GMO BS either.  Russian Rotten Roneys will be healtheir believe it or not.

    Although, I want to try Rusburger.

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    Re: Russian Economy General News: #7

    Post  A Different Voice on Mon Jan 25, 2016 6:37 pm

    Another data point on the question of what percentage of Russia's total exports do hydrocarbons constitute. Per this article Elvira Nabiullina said:

    "Oil exports as a share of Russia’s total goods exports have decreased from 67 percent in late 2013 to 48 percent in December last year."


    oil&gas 48% of exports

    Not vouching for this number from a woman that many here apparently think is incompetent or a 5th column traitor or both. Wink

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