Back in 1998, average Russian was paid a monthly wage of roughly $188. Now it is closer to $1000 or over. Inflation of 11%, but what was the costs of goods before (A shirt costing $20 is now what? $22 )?
Oh wow.. lol
you just saved me a post..
Many do not see that the Russian weaker economy have been taken beyond proportions.. in RT website discussions some rusophobics love to mention the inflation as the end of the world.. but they fail to see exactly what you pointed. 11% inflation is nothing and i fail to see as a tragedy the 17% of the bank interest rate.. it will encourage people to have their money in their banks and not remove it.. because will make a lot of money.. Buying a house however could be a big of pain but it is manageable. But for things that its value are under $1,000 ,is a non issue.
Until now , i fail to see how Russian economy is bad.. the economic crisis people ignore is that was Artificially created by USA.. blackmail on american companies wanting to do business in RUssia
and on their European colonies to blockade most of their business with Russia..
This means that the ruble economic problems have NOTHING TO DO with Russia economic performance..
but with USA Politics . Because when it comes to American and European Business all of them wants to do business
in RUssia. but a US President and the NeoLiberal anglo zionist Elite who rules the country not.
The cost of living as you say is lower in Russia..that in USA.. because of the free healthcare ,free education system..
and the inexpensive university ..and government i think provide food and free house too for people in need. and somewhere i read RUssia give free land too..in some cases, I don't think it can be possible to be more generous than that ,regular transportation apparently is also cheap.
What i will like to see is Russia to stop depending on western technology and kick their asses hard to start investing
on all their needs ,to replace at least the most important technology they export from the west. ie.. CArs ,Computers, Smarphones ,Home entertainment equipment.. And computer software. and start creating a new internet ,where Americans will not be able to have any saying on it. Russia today is fully independent on its technology for Space and its military technology too.. So the most hardest thing is already done.. They only need
to become fully independent on its technology for civilian use.. either business or entertainment. Once they can do that.. Americans will kiss Russian ass ,for trading and partnership ,knowing that RUssia does not needs them for anything. This is an amazing opportunity for Russia to become self sufficient nation.. and have zero dependence
on the west for the things that Russians consider more valuable. And food dito.. there is no reason for Russia to export chicken from USA.. that have to be a big joke. Russia have enough land to supply most of its food needs,specially meet.. Putin Is a good president.. but i think Fidel Castro will have done far better. you have to admire them how they managed to survive for 50 years under a total economic embargo of technology but also food.. with the Resources that RUssia have and the talent of its scientific community.. they could become a fully independent nation and supply all its needs in just one decade.
Probably the major problem of Russia is its capitalism based economy.. and that is full of 5th column businessman
that prefer to take their money abroad and win dollars. So that turns the RUssian government in the only Major Business investing on Russia. Perhaps this sanctions will open the eyes of those Russian Billionaires ,that they cannot trust in the west. that there was never a "Reset" on relations and that the western anglozionist elite will never rest until Russia cease to exist.
The best way Russia can influence USA is not making more deadly nukes.. or more submarines.. but by creating superior technology for civilian use ,that they consider valuable. This is already happening with NASA that buys Russian engines because they are better than theirs.. and sending their astronauts to Russia.. So Russia needs to keep fighting USA but with their business.. Once Russia becomes a fully self sufficient technology nation..and produce things that everyone wants to have in the west ,they will have to give up their ambitions of becoming the only world power.. If i was Putin i will triple or more the budget of Roscosmos and start the plans for a manned landing in the moon and to start building base there..in just 5 years with aims of space tourism. World Billionaires will kill each other in the west for being the first to visit the moon. and Major Business Companies also will want to advertise in the moon.and the prestige world wide that it will be for Russia in the world ,will attract a lot of investors but also a lot of very talented engineers and scientist that do not have a chance in their nations to work for a space program like Russia have. Also produce Cars that every Russian middle class will like to buy and that are very popular. etc Russia needs to influence better Europe.. not with lower energy prices.. but by offering better technology than the west produce and taking to a new level their space exploration..