Karl Haushofer wrote:
Karl Haushofer wrote:
max steel wrote:Never trust the Sanoma led finnish media . Russia gdp contracted but little rest you can follow this thread .
Taloussanomat presented a contraction of 4,5% as a fact. Did the output contract that much really? It is worrying if it is true.
EDIT: The 4,5% contraction was not gdp but industrial output.
Oh shut up. If you want to believe Finnish media, that is your own fault. Go find official Russian input. Or should we continuously have to berate people like yourself for having to keep posting media from Finland, which is known for complete and utter bullshit? Cause I am tired of having to talk to you trolls about it.
Go away, please.
4.5 is barely anything especially for first quarter.
I agree that out media is extremely biased so that is why I asked here if their claim is true.
Why do you get so emotional anyway? I am pro-Russian myself.
Because, I have had to explain this so many times already, that it is getting so annoying when new members spew the same crap from Finnish media like it is a god saying. Face it, Finnish media is owned by the USA or foreigners in their endeavour to make Russia look bad in anything. They own Moscow Times, St.Petersburg times (or whatever it is called) and a whole slew of other garbage. I, countless of times have had to disprove finnish media claims on this very thread because a Finn cannot seem to learn how to differentiate words and phrases in Russian even through translations, so they come up with their own conclusion in articles. Add to that, they always Assume and predict which have been utter garbage.
That is why I am hostile about it. Either someone here has to repeat themselves a dozen times, over and over and over again, or there should be a rule for no Finnish media or about having to lurk before posting. Or this site is going to be riddled with BS (which is already happening).
Wanna know why all of this is happening? Easy, lets all break it down:
- Most things Russia and Russians purchased were from foreign companies either exporting it straight to Russia or assembling them in Russia
- Most Russians are saving their money, so retailers all over are facing a major glut, especially automotive industry, and only real earners are e-tailers
- Automotive Industry is getting hit the hardest with over 30% decline in purchases, and automotive industry accounts for a huge portion of Russias industrial production (military accounting 25% or more of it, automotive accounting for almost same amount and oil/gas industry accounting the rest).
- Due to oil and gas industry getting hit hard due to sanctions (lack of investors) and oil/gas prices dropping, many manufacturers are pulling back in development of pipelines (especially after the fiasco with the south stream) and thus industrial output for that fell. It will increase soon as soon as the oil/gas starts flowing to China and China's section of pipelines start, and if the Turk stream actually happens and the Turks don't act like the screwups they are in trying to play their games.
- Huge portion of automotive industry is simply assembly plants, and really lack of domestic development of goods. So it is kits mostly.
- Only a few automotive companies actually localized majority of production, like Nissan and their H4 engines are made in Russia. Or Avtovaz using parts suppliers from Russia. So in other words, they are the least hurt because they were able to keep prices down due to the ruble dropping and thus cost of production drastically dropping.
- In contrary to popular belief, if sanctions hit especially in sale of goods, it forces Russia to produce goods. If you ever pay attention to sites like sdelanounas, you will notice significant amount in development of import substitution and new industries popping up. The biggest are right now agriculture and textiles. Soon will be automotive components, heavy industrial goods (automation/robotics/autoCNC), and eventually electronics (last).
- Nothing lasts forever - Meaning new development will spur new growth as Russia starts to develop what is in demand locally. Already other developers who didn't export before, are exporting now.
Perfect example is looking at Iran. Sanctions did more good to it than harm. I always read where industrial, GDP and what not drops in Iran, but Iran became the largest in the middle east in industrial production, regardless what some bullshit international institution from USA has said. Hence why Iran's products are growing in demand in surrounding countries and even soon in Russia.
I can go on for a very long time.
Want news on REAL industrial development? Go here: www.sdelanounas.ru
Learn russian or use yandex translator.