Russian Economy General News: #8

My fear is Putin will go with Kudrin proposal with him promising higher economic growth than world average and more Russian economy on NATO country much beyond Putins last term , I dont trust Kudrin a bit if Russian economy is vulnerable today to Economic Attacks its thanks to him in major

Putin won't select just one or the other. The point of having both groups come up with an economic plan is to see what both sides propose, and in end, he will just grab best of both worlds. It's what he has been doing for last decade as is.  It works, just not as effective.

As long as they keep investments up, reduce burden on SMEs, while giving them chance to gain access to larger pie, and continue to promote investment into high tech production and facility modernization, the economy will grow.

There is one massive contradiction though, something I've noticed when everyone talks economics. They want to increase productivity. They compare to the west in this terms. But how we increase productivity is help through automation. But they also want to reduce unemployment. But automation reduces need of workers thus can increase unemployment. So how do we go around this? We cant. Either Russia continues with having lower productivity but high employment, or vice versa. In end, I rather have high employment vs high productivity cause so long as products are made, profits are made and people are paid, it's better than business gets paid much more but now a bunch of angry, hungry people.

Kudrin belongs in the prison, not in the government. He is your classical neoliberal scammer. Just by idiotic meaningless buzzword he is peddling you can see he is a complete and utter fraud. Honestly WTF does "digitalization", "platformization", "digital and platform solutions", "improve technological regulation", "cooperative culture", "planning horizon", " intellectualization of technological objects " and so on actually mean? Nothing, it is just bunch of stupid buzzwords.

There is one massive contradiction though, something I've noticed when everyone talks economics. They want to increase productivity. They compare to the west in this terms. But how we increase productivity is help through automation. But they also want to reduce unemployment. But automation reduces need of workers thus can increase unemployment. So how do we go around this? We cant. Either Russia continues with having lower productivity but high employment, or vice versa. In end, I rather have high employment vs high productivity cause so long as products are made, profits are made and people are paid, it's better than business gets paid much more but now a bunch of angry, hungry people.

There is no contradiction, Overal economic output is productivity of average work hour times total hours worked. If by massive capital investments Russian economy grows in productivity any increase in output should be absorbed by increase in consumption by Russian state and general public, or potentially by increase in export to new developing markets, without any growth in unemployment. In another words if Russia wants to avoid unemployment it should increase state spending, rise wages and promote ability of it's ally to import Russian goods.

Western financial voodoo would have you forget about the fact that any given economy at any instant is a physical system
and have you believe in the magic of markets and something from nothing. This is why famous western economists can say
utterly retarded rubbish such as "if we ever run out of copper, we will make some more". That is, these witchdoctors believe
in the mystical powers of demand. Monetarists are just a particularly venomous sub-cult of this voodoo religion.

It is true, however, that human psychology is a core part of economics. Even if the physical economy satisfies the formula
given by ZoA, organizing the labour into production is not trivial and involves the messy subject of human psychology. This
is what Marx missed in his critique of capitalism. And what communism failed to take into account resulting in its failure.

But the failure of idealized communist theory is not the all-time success of western economics voodoo. The west just happened
to be in the right mode to maintain continuity between the aristocratic serfdom of the past and modern wage slavery. It
ran the blade of maintaining human psychological equilibrium (i.e. perceptions of reality vs. reality) much better than communism,
which from day one had to be forced down everyone's throats.

I attribute the functionality of the USSR not to its ideological founders (e.g. Trotsky and Lenin) but to the Russian people.
They took this idealization and made it work. So the 1991 capitalist coup was really a coup against the Russian people and
they suffered first hand for it. Over 8 million deaths can be attributed directly to the monetarist maggots who took over
in the name of Uncle Scam. This number is more than the actual losses from repression and famines during the 1930s about
which Russia haters bleat ceaselessly.

These Wicked People have come with new sanctions, Time to de-dollerify the economy and forex and put curbs in buy Boeing aircraft for private and Aeroflot .. let them feel the pinch even if its a bit

US slaps sanctions against Russian officials, businessmen and entities

More:
http://tass.com/world/998205

apparently Putin is thanking trump because some billionairs are now parking their billions in Russian banks as of recent.

Not long before they come for that $100B.

It will be very interesting if they do. This may force change in CBR everyone here is hoping for.

ATLASCUB wrote:Not long before they come for that $100B.

And overnight kill demand for US treasury paper. If the US can cancel the value of this paper in a targeted way then
it can blackmail anyone on the planet. This is the antithesis of secure investment. Demand for US treasurys comes
from investors who are not such licking Uncle Scam's balls.

The $100 billion is a small amount for Russia. It can basically use any such gross violation of financial norms to
cancel all of its outstanding debt to NATO countries. Nothing NATO could do would harm Russia more anyway.
Russia could give a flying f*ck about is "credit rating" since it is developing independent of it. And this rating
was always grossly underestimated by NATO based ratings agencies anyway.

I have yet to see Putin take any step to increase pain to US companies a simple step like banning Western hardware and software companies competing in government tenders and instead adopting Russian made hardware and software will create huge market not only in Russia but also cis.

Look like US banned kaspersky from government tenders

Putin has been pussy footing so far to detriment of Russian companies and economy

Austin wrote:I have yet to see Putin take any step to increase pain to US companies a simple step like banning Western hardware and software companies competing in government tenders and instead adopting Russian made hardware and software will create huge market not only in Russia but also cis.

Look like US banned kaspersky from government tenders

Putin has been pussy footing so far to detriment of Russian companies and economy

Putin is following the successful policy of non-escalation. It is clear that NATO is baiting Russia on all fronts. But
Russia is not falling for it. For example, take the Skripal case. Russia could have gone insane with revenge for this
injustice. That would have changed the focus of attention from the case to Russia's supposed belligerence and aggression.
The Skripal case would have been forgotten. Instead we have May and Blo Jo looking like total retards in front of the whole
world as this hoax has pretty much collapsed onto the heads of its creators.

Russia was supposed to take the Ukraine bait as well and try and save its brothers and retain a friendly government in
Kiev. Instead it did the right thing. Took back Crimea which was annexed by Ukraine in 1991 and let the f*ckers in
Kiev "win". That is they have already lost and it is a matter of time before the coup regime implodes. Ukraine's economy
and infrastructure are disappearing. That is not sustainable politically and no amount of anti-Russian propaganda can
divert attention from this indefinitely.

By "turning the other cheek" Russia also bought itself precious time after 1999 to rebuild itself both economically and
militarily. The arrogant pinhead leaders of NATO missed the boat big time in this regard. Now they are scrambling
to "contain" the Russia they had written off. Too little, too late.

So Putin clearly is right to engage in asymmetric responses to NATO provocations.

These things are political but I am talking of Economic ones

What prevents Russia from Banning use of US Software and Hardware in Government tenders when US can do what it did with Kaspersky ?

Arnt these US companies just spying for USA NSA and isnt that a known fact , Why not give Russian Software and Harware manuf the chance to capture significant portion of Russian IT market ?

Blow below the listing - the US includes the most stringent sanction regime

Against Russia imposed the most serious sanctions in four years

http://www.interfax.ru/business/607347

Lol freezing Russian assets won't kill U.S treasuries... you're dreaming. They can freeze half the world and the global elites will still be addicted to the meth.

No, you are right, it wont. Especially when it comes to US vassals buying into them. But what it will do is also get the nations who are ho hum on dealing with US and having money stationed there, second guessing. It would also force the hand of the CBR to start actually moving that money internally and purchasing bonds from other nations rather than the west.

$100B is still small number for Russia. While it is a lot and could be used back home, its peanuts for what the event it can create for Russia.

Iran believe to have had way more money frozen by the US.

EU Won't Support Nord Stream 2 Project - EC Energy Official

https://sputniknews.com/europe/201804061063275016-eu-support-nord-stream-2-project/


So what are the chances realistically NS-2 will be built ? Why cant they just use the exisiting nord stream-1 pipleline and Turkish stream being built.

I dont think Europe is now in mood to buy more gas from Russia , It is better to foccus the energy in LNG and building Western Gas pipeline with China. ITs time and money well spent.

Let Europe buy Shale from US or from Norway and pay the extra price it wants ....in the end the customer will be impacted more.

Did you even read the article?

It clearly states:

"We believe that the Nord Stream 2 does not encourage the diversification of gas supply. That is why if the pipeline is built it will not be supported by the EU and the European Commission, in particular," Dominik Ristori, head of the European Commission's energy department said, adding that nevertheless the bloc is not mulling sanctions.

So this is what is being said

We in the EU will not support it. But its going to happen anyway, because various parties have signed for it.

So in other words, an article about nothing.

Nord Stream 2 is being built. Some are going to fight it till the bitter end; let them. Russia has no reason other than to continue it and continue with Turkstream and others. IF (and this is a MASSIVE IF) the various Baltic shitholes win their fight and somehow stop Nord Stream 2, then Germany has to compensate Russia and ultimately, Russia will just force them to purchase LNG which Russian LNG is still cheaper.

This is merely huff and puff to try to reassure Ukraine that they give a shit about them.

Lets see US its its Baltic Allies will come up with some more tricks to sabotage NS-2.

I wont hold my breath to see if this project sees successful end , I think there is a high probability it wont.

I would rather focus time energy in Western Gas Pipeline with China that has far better chance to suceed

Austin wrote:EU Won't Support Nord Stream 2 Project - EC Energy Official

https://sputniknews.com/europe/201804061063275016-eu-support-nord-stream-2-project/


So what are the chances realistically NS-2 will be built ?  Why cant they just use the exisiting nord stream-1 pipleline and Turkish stream being built.

I dont think Europe is now in mood to buy more gas from Russia , It is better to foccus the energy in LNG and building Western Gas pipeline with China. ITs time and money well spent.

Let Europe buy Shale from US or from Norway and pay the extra price it wants ....in the end the customer will be impacted more.

The news about Nord Stream 2 ,change on a weekly basis , they say yes , but later no.. and then later yes..
So people will have to way and see.. Russia looks that will build the pipeline first and once is done , it will be
difficult to stop it.. once everything setup.. and pipelines made..

Somewhere i read.. that even if EU and US block Nord Stream 2,, Russia can modify Nord Stream 1.. the path that
use Belarus territory and not Ukraine to pump significantly more Natural Gas by increasing the Pressure. So by modifying some pipelines already operating Russia can significantly increase the supply to Europe.. So the pipeline
project is very flexible. if Sweeden block the project for being in their economic zones, Russia can alter the route a bit
and not need sweeden support.

So we will see a lot of yes and no.. and no and yes.. and back and forth, but eventually sooner or later it will be build ,because Europe needs it..and Germany and France want it. it just the political pressure from their Masters demand them to stop it. but they still have a chance to implement it ,through pushing for it.

What worries me is not the pipeline .. but US Government pushed new laws in NATO aimed at free movement of their troops ,tanks and dozen of thousands soldiers across all Europe as if they were patrolling Europe preventing a war ,
and their reasoning for this very aggressive policing of Europe by American military , is supposedly to "Restore Order"
in case of a major civil unrest..

So for example NATO could be activated to hold in Power a dictator puppet ,that steal the elections and people protest
against him.. to resign.. or they can remove a democratically elected Government by force that do not represent the
interest of NATO..

So if for example LePens win in France , US and EU liberal pro NATO media can claim she stole the elections ,then major civil unrest and then NATO invade to arrest Marine Lepen.. if anyone don't think this is possible.
look no further than Honduras.. Coup..

Honduras did the huge mistake to allow American military bases in the country, later when a Pro Russia candidate
won the elections , then people financed by US ngos.. began to claim the elections were stolen.. and so the US military
already deployed inside Honduras helped the opposition to overthrow its new elected President. and took him hostage
when he was sleeping in his house and was arrested in the night and sent to an American military base ,that the previous governments allowed. and he was overthrow by the same US troops ,that were directly deployed in the country for "SEcurity" of the nation but in reality it was for removing from Power ,anyone not aligned directly with the US interest. So this new Freedom that NATO will enjoy to travel through all Europe ,whether they are NATO or not..
is unnprecedent , a total submission Europe ,to a foreign Military ,and US is so desperate to contain Europe under his control.. that is already creating the ideal environment to take over any Government country of Europe , without facing any military opposition.

Austin wrote:Lets see US its its Baltic Allies will come up with some more tricks to sabotage NS-2.

I wont hold my breath to see if this project sees successful end , I think there is a high probability it wont.

I would rather focus time energy in Western Gas Pipeline with China that has far better chance to suceed

It's a project supported even more by Germany than Russia. If the Baltics, Poland and Ukraine really want to sabotage its construction by any means necessary, they'll aggrevate Germany and risk those generous financial streams that they enjoy (don't forget that the entire EU project is balancing on Germany's budget). Delays on the other hand are probably more likely.

Let's look at what the EU have as 1) an alternative to the Russian gas and 2) tricks in its playbook to block the pipeline.

1) This winter has proved that there's no one who can supply the amount of gas needed for increased use. US LNG is a lot more expensive and Norway can't supply the needed amount (it's been reported several times the past winter months). Moreover, the US can't do emergency supplies in case its needed within a normal timeframe.

2) The only thing, IMHO ofcourse, they can do is forcing Russia to continue to use the Ukrainian pipelines. But how would they do this? How do you force a supplier to deliver something that YOU are dependant on? That's the supplier's prerogative and I don't see how a consumer can alter that (unless I'm missing something). If you are not satisfied with the conditions then don't buy and herein lies the rub. If you refuse to buy then you're going to freeze to death next winter. The ironic thing is that NS-2 will make the gas cheaper for the EU overall.

The most realistic outcome is that NS-2 will be built but the EU will force Gazprom to limit its 100% monopoly on it.

The EU tripe about diversification of supply is pure BS. They have two choices:

1) Cheap Russian piped gas.

2) Expensive LNG

Instead of being honest and opting for (2) they want to keep using (1) but forcing Russia to pipe the gas through
Banderastan and feed the Kiev regime. That is what Nord Stream is all about. It has zero to do with diversification
of supply. It is not a case of Russia squeezing out other suppliers and gaining more EU market share. It is about
building a new pipeline to deliver the same volumes of gas and bypassing the gas thieves running Kiev.

Austin wrote:Lets see US its its Baltic Allies will come up with some more tricks to sabotage NS-2.

I wont hold my breath to see if this project sees successful end , I think there is a high probability it wont.

I would rather focus time energy in Western Gas Pipeline with China that has far better chance to suceed

Let them try. As of late 2019 Russia can ship vast amounts of natural gas to China. It could turn off the supply
via Banderastan and let the EU flail in the wind. The EU can then start to use all that diverse supply LNG it always
yaps about.

The recent show of solidarity with the UK regime over the Skripal blood libel hoax should give Russia ample reason
to cut these f*ckers off. They can do f*ck all to Russia which they are not doing already.

Agreed with KVS. And it would guarantee that they would end up purchasing Russian LNG anyway in the end in mass amounts, which would bring in a pretty good amount for Russia. I imagine the has providers in Russia are just rubbing their hands over this.

Russian LNG is already gaining traction in the market with names to Vietnam and India. That's why now new demand for new LNG stations (Baltic).

All the while, they can tell Ukraine to fuck off.

THey dont seem to get tired of this one more sanction bill with bi partisian support

Lawmakers Introduce New Sanctions Against Russia for Poison Attack Bipartisan bill aims to punish Russia for March incident in UK

https://www.rollcall.com/news/politics/lawmakers-introduce-new-sanctions-russia-poison-attack

Turner and Castro’s sanctions bill re-ups measures taken to disrupt the Russian Central Bank and Russian Treasury and hinder the business of other Russian banks and financial institutions.

It also asks the president to identify any Russian officials who knew about the poison attack in Salisbury.