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    Russian Economy General News: #2

    sepheronx
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    Post  sepheronx on Mon Jul 14, 2014 6:27 pm

    Werewolf wrote:
    sepheronx wrote:Or make him pay some sort of excessive tax (obviously he can afford it) for foreign property. And use the tax money to build modern infrastructure and posh communities for any future oligarches who want to blow money on a mansion, can do it in Russia.

    In every country there should be a law, limiting the absolute maximum amount of money that can be "earned" or stacked per person. Everything earned above that limit has to be invested in social sector.

    Agreed. Hopefully this guy gets his ass slapped and he gets sanctioned. Will make me laugh.
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    Post  TR1 on Mon Jul 14, 2014 8:05 pm

    How about you leave other's money to themselves, and work on a system that lets people steal millions.
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    Post  Werewolf on Mon Jul 14, 2014 8:20 pm

    TR1 wrote:How about you leave other's money to themselves, and work on a system that lets people steal millions.

    So you mean the system we live in today? Where those people are called oligarchs and live in City of London and never lift a finger?
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    Post  sepheronx on Mon Jul 14, 2014 8:33 pm

    TR1 wrote:How about you leave other's money to themselves, and work on a system that lets people steal millions.

    ?

    Thats what they have now. Why not work on a tax system where people whom are stealing the money and putting it in foreign accounts, get taxed. Already they know where the money is going to from the country amd by whom. So why not slap a tax on that. It is a lot of money being deposited from Russia to foreign accounts and property. I wonder how much pf that they actually earned?

    This is a big issue here too where billionairs buy property on some sort of bahamas resort and place their money and office in a tax free island. All these people are crooks.

    I understand that a person may feel entitled to do whatever he or she deems necessary with the money, but if it is coming to the point it is damaging the country, then there is a point where you need to say enough is enough. Why buy in foreign country? Russia is a beautiful place anyway as it is, and they could easily get same lifestyle as England withought much if you got the money, which these people have. This is more like an In Your Face gestures.
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    Post  TR1 on Mon Jul 14, 2014 8:40 pm

    Werewolf wrote:
    TR1 wrote:How about you leave other's money to themselves, and work on a system that lets people steal millions.

    So you mean the system we live in today? Where those people are called oligarchs and live in City of London and never lift a finger?

    The system in Russia has plenty of space for improvement. Taking people's money past a certain point is some extremism.

    I have no problem with legitimate businessmen going international with their spending.
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    Post  sepheronx on Mon Jul 14, 2014 9:14 pm

    I dont either, to a certain extent. Except when it comes time when the country needs the money more. Like these days. It was for a good cause apparently, an auction where proceeds goes to children in need. But so many kids in Russia need help too, and if he wanted a mansion, why not build one in Russia like in Moscow or in St. pete? How about near lake Baikal?
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    Post  Werewolf on Mon Jul 14, 2014 9:24 pm

    TR1 wrote:
    Werewolf wrote:
    TR1 wrote:How about you leave other's money to themselves, and work on a system that lets people steal millions.

    So you mean the system we live in today? Where those people are called oligarchs and live in City of London and never lift a finger?

    The system in Russia has plenty of space for improvement. Taking people's money past a certain point is some extremism.

    I have no problem with legitimate businessmen going international with their spending.

    Sure jail the guy who steals in a supermarket for 10 USD but let keep oligarchs their money because it is completley ok to be Billionar he earned it right?

    I have no problem when actual buisnessmen are earning money by working, but not with oligarch scum that have actually no other job but stealing money from their country and betraying their own country, like those dozens over dozens oligarchs in Russia,Germany,Ukraine well actually all around the world, except that nobody calls oligarchs, oligarchs here in the west.
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    Post  magnumcromagnon on Mon Jul 14, 2014 11:34 pm

    TR1 wrote:How about you leave other's money to themselves, and work on a system that lets people steal millions.

    You mean like the international Derivatives and Speculation market? The problem is that it:

    1.) Allows people to steal trillions not millions, due to fractural reserve banking allows the top banks in the world to lend thousands of times the money they actually have (for example the likes of Goldman Sachs and JPMorgan have assets admittedly in the trillions of US Dollars from this Ponzi scheme), and those same banks have thousands times less in their actual reserves, their literally lending money they don't actual have and the main financial vehicle for this is Derivatives in the form "Credit Default Swaps" aka CDS's and "Credit Default Obligations" aka CDO's, they're I.O.U's that form the ultimate snake oil salesman's equivalent of insurance, securities fraud of the highest magnitude. The insurance and the collateral of the securities fraud is the U.S. dollar in the form of U.S. Treasure and Federal Reserve Quantitative Easing aka QE.

    2.) It's a globalized financial pandemic meaning it's a problem not limited to one country. It's a problem for the Russian economy, but even a bigger problem for the U.S. and U.K. economies, and the solution for this comes in 2 forms: a) The US re-establishes the proper securities and financial regulations (re-establishing FDR era security regulations and expanding on them, banning CDO's and CDS's, the Tobin Tax aka the Wallstreet Sales tax). or b) The world de-pegs the dollar, with agreement that the U.S. dollar's roll in trading will be a significantly reduced role in trades and every other's country's currencies play's a significantly greater role in trading, to fill in the void of space the U.S. dollar took up.

    ...The likeliness of solution "a" is very unlikely like a probably less than 10%, while solution "b" has a probability of 80-90% of happening in the form of the "BRICS" financial world order.
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    Post  magnumcromagnon on Mon Jul 14, 2014 11:42 pm

    Werewolf wrote:well actually all around the world, except that nobody calls oligarchs, oligarchs here in the west.

    That's quite true, it's a well known fact that the banks that ruined the world economy got record bailout money (nearly 800 billions dollars in emergency TARP money, and tens of trillions of dollars of quantitative easing money) and those same banks gave they're executives record bonuses for a "job well done". Here's a fun fact, Some of the top banks in the world financed and profiteered off of Adolph Hitler's rise to power (George Seldes book "Facts and Fascism" is a good resource), and many of the same banks financed and profiteered on the Trans-Atlantic Slave Trade.
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    Post  Viktor on Mon Jul 14, 2014 11:56 pm

    WoW - its hard to even imagine so much roads


    In total, during the period from 2014 to 2022 plan to reconstruct at 576.134 km road with a total capital investment of about 121 billion rubles

    On highway M-56 Lena year earlier opened a new site
    sepheronx
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    Post  sepheronx on Tue Jul 15, 2014 5:41 am

    magnumcromagnon wrote:
    Werewolf wrote:well actually all around the world, except that nobody calls oligarchs, oligarchs here in the west.

    That's quite true, it's a well known fact that the banks that ruined the world economy got record bailout money (nearly 800 billions dollars in emergency TARP money, and tens of trillions of dollars of quantitative easing money) and those same banks gave they're executives record bonuses for a "job well done". Here's a fun fact, Some of the top banks in the world financed and profiteered off of Adolph Hitler's rise to power (George Seldes book "Facts and Fascism" is a good resource), and many of the same banks financed and profiteered on the Trans-Atlantic Slave Trade.

    Honesty does not make money.
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    Post  Austin on Wed Jul 16, 2014 6:56 am

    I saw wiki China is largest producer of titanium so I dont think Russia non supply will be critical.

    According to Bloomberg , White House has called meeting of EU Diplomats on Monday and have threatened them to sanction Russia with additional 3rd round of sectorial sanctions. 

    Lavrov statement confirms the same Lavrov: sad to see Obama's call to extend sanctions against Russia


    Today is EU meeting and likely additonal sanction will be applied.


    Obama has made it very personal to sanction Putin in 1st and 2nd round by targetting Putin ...seems like Russia-US relation will be on a down hill till Obama is in power.
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    Post  Cyberspec on Wed Jul 16, 2014 7:45 am

    These sanctions and threats are starting to sound farsical
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    Post  sepheronx on Wed Jul 16, 2014 8:04 am

    Cyberspec wrote:These sanctions and threats are starting to sound farsical

    Around 9 or so of the EU countries are in favor of the sanctions. So in other words, will probably will not happen. If it does, then who knows. As for BRICS using USD, I have no idea why. Hopefully they will reverse this.
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    Post  magnumcromagnon on Wed Jul 16, 2014 11:12 am

    Where do people get the idea that BRICS Bank will be in USD? Using the USD label was a way to convey the net-worth of the investment being made in the bank, it's a bank that will substitute the U.S. Dollar for BRICS countries own currencies, and Cuban Oil has been making some headlines conveniently around the same time the BRICS bank was being established, which indicates there will be some kind of natural resource commodity bartering system within the BRICS system that will benefit the likes of Venezuela, Cuba, Iran, Zimbabwe, Syria...just about every country that the Pentagon want's to destroy and uproot.

    Austin wrote:I saw wiki China is largest producer of titanium so I dont think Russia non supply will be critical.

    ...Wikipedia has a tendency to be misleading. While it's true that China produces the most titanium in the world, it's accounts for collectively produced by Chinese companies established around the world, Russia on the other hand has the largest titanium producing company in the world and the highest concentration of titanium in the world, we're talking about 25% of the worlds concentration of titanium, that's like the equivalent of the Saudi's share in the world Crude Oil market.

    Here's the top collective producers of titanium in tons per year: China, Kazakhstan, Russia, Ukraine....3 of the top 4 are closely allied with each other (Russia, China, Kazakhstan), and Ukraine is in such dissolution economically and politically that's it's importance in titanium production will likely drop dramatically. If the U.S. is forced to rely on Chinese companies for their strategic military-grade titanium than that's a significant victory in it's self!
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    Post  Werewolf on Wed Jul 16, 2014 11:16 am

    sepheronx wrote:
    Cyberspec wrote:These sanctions and threats are starting to sound farsical

    Around 9 or so of the EU countries are in favor of the sanctions.  So in other words, will probably will not happen.  If it does, then who knows.  As for BRICS using USD, I have no idea why.  Hopefully they will reverse this.

    I already told you those sanctions if put in place is the best way to bring EU against US, since they will suffer from it. Several EU countries will suffer just to piss on russias boots. Let us Europeans suffer until those zombies waken up and riot their stupid vassals they live in.
    sepheronx
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    Post  sepheronx on Wed Jul 16, 2014 2:38 pm

    When one says China is one of the biggest producers of Titanium, is this in terms of mined in the country? Or mined from various countries and processed in China. Because the latter makes more sense. I think Russia is the largest in terms of Titanium deposites

    That said, hopefully China and India get involved now in Titanium Valley.
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    Post  magnumcromagnon on Wed Jul 16, 2014 2:49 pm

    sepheronx wrote:When one says China is one of the biggest producers of Titanium, is this in terms of mined in the country? Or mined from various countries and processed in China. Because the latter makes more sense. I think Russia is the largest in terms of Titanium deposites

    That said, hopefully China and India get involved now in Titanium Valley.

    Yes, that's the point I'm trying to make, China's titanium is an accumulation from all over the world including Africa, while Russia's, Kazakhstan's, Ukraine's titanium is sourced domestically.
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    Post  sepheronx on Wed Jul 16, 2014 3:23 pm

    So apparently sanctions may be European development banks will beforced to stoo funding any social projects in Russia. Lol. In other words, Russia will be forced to rely on their own banks or go throuh China and India. Will be funnier when BRICS bank is in full swing.
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    Post  Viktor on Wed Jul 16, 2014 5:16 pm

    Nice  thumbsup  .... I expect further expansion

    Russia regains status of agrarian state — PM


    Whats going on here?

    Russia allocates €5 billion to Arctic environmental projects
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    Post  Austin on Thu Jul 17, 2014 12:13 pm

    Third round of US santions vs Russia



    The US government on Wednesday announced new sanctions against Russia over the events in Ukraine. The penalties will apply to individuals and companies both in Russia and Ukraine.
    The sanctions apply to Russian State Duma Deputy Speaker Sergei Neverov, Minister for Crimean Affairs Oleg Savelyev, Russian presidential aide Igor Shchegolev, Federal Security Service (FSB) Colonel General Sergei Beseda, and a leader of the self-proclaimed Donetsk People’s Republic (DPR) in eastern Ukraine, Alexander Borodai.

    The organizations targeted by the punitive measures include Russian state corporation Vnesheconombank, Russian state-controlled energy giant Gazprom’s banking arm Gazprombank and state-owned oil company Rosneft.

    The organizations list also includes Federal State Unitary Enterprise State Research And Production Enterprise Bazalt, Feodosia Oil Products Supply Company (in Crimea), Radio-Electronic Technologies Concern KRET and Concern Sozvezdie.

    Other companies on the list are Military-Industrial Corporation NPO Mashinostroyenia (scientific and production machine building association), Defense Consortium Almaz-Antey, weapon manufacturer Kalashnikov Concern, KBP Instrument Design Bureau, Research and Production Corporation Uralvagonzavod and Russia’s largest independent gas producer Novatek.

    http://en.itar-tass.com/world/741083
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    Post  sepheronx on Thu Jul 17, 2014 3:05 pm

    Lol, thats it? That was the big threat? What a joke.

    Almaz antey mustbe laughing.
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    Post  Werewolf on Thu Jul 17, 2014 4:23 pm

    sepheronx wrote:Lol, thats it? That was the big threat? What a joke.

    Almaz antey mustbe laughing.

    For all those retarded people in russia who still have money in other countries, they should have transfered it to russian banks and not being a pawn on the chessboard to betray own country. If they still did not figure that out i feel sorry.
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    Post  sepheronx on Thu Jul 17, 2014 4:31 pm

    Some expert believes the Russian energy industry will lose 150 - 200B over these sanctions. But it seems US stock took a dive over this. BP will be hurt since they own 20% stock in rosneft.
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    Post  AlfaT8 on Thu Jul 17, 2014 4:54 pm


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