Russian Economy General News: #4

Oh look which idiot hits again: http://tass.ru/en/economy/798446

Did you know he is wanting to get back into Putin's group again? He has his conditions of course. LOL. Guy should be told to retire already.

sepheronx wrote:Oh look which idiot hits again: http://tass.ru/en/economy/798446

Did you know he is wanting to get back into Putin's group again?  He has his conditions of course.  LOL.  Guy should be told to retire already.

Once again, 4% of which 2% should be sanctions, is hardly critical. Furthermore there's nothing that is pointing towards a further dip. If Russia bottoms up at 4 % this year, and has slow growth next year, then we're clearly in a manufactured crisis. Which is as much about Russian choices (IE face the danger, get hit in full, recover slowly, re-start a cycle) than the Russian economic climate.

He isn't a simple genuine idiot, he's an extremely biased, smart, useful idiot.

sepheronx wrote:Oh look which idiot hits again: http://tass.ru/en/economy/798446

Did you know he is wanting to get back into Putin's group again?  He has his conditions of course.  LOL.  Guy should be told to retire already.

Looks like grant money from DC is running low.
Man, what a prostitute...

Walther von Oldenburg wrote:Ok.
So what exactly did Stalinist USSR achieve except building a massive military industrial complex at a huge cost?


In healthy economies heavy and light industries develop naturally alongside each other (and they can grow with minimal help from the government). In USSR that was obviously not the case - you had massively over-invested heavy industries at the expense of almost non-existent consumer industry.

FDR got most of America (including remote rural areas) electrified in the span of about 10 years - and there was no Holodomor in USA.

... Which country managed that "natural" development over the course of history. IF anything industries depend on several factors that aren't equally distributed. If you add an anti market-political clout over a certain landmass and population, you are bound to have lopsided balances between heavy and light industries...

Consummer industry wasn't non-existent, it was understood as simple living. Most of the consummer industry relies over social strata. Just look around you and see how consummer choices betray the image and social strata they want to reverberate.

Having a BMW, Iphone6, dressing in Diesel and eating 4 times a week in a fancy restaurant sends a different social message than driving a Fiat 500, owning a Huawei a ZTZ, dressing in H&M and taking away a Mikey D on weekends.

You can't have that kind of social civil war in Socialism...but hey feel free to explain how great that kind of Social Darwinism BS is when mobsters lynch your sorry a** for being "rich".

Whats going on with the RUble?

In 3-5 days have moved from 49 per dollar to 55.. now..

Anyone knows why? is the ruble under attack? Do the bank have done something new ?
Perhaps is Europe new round of sanctions from Europe?

SInce Oil prices apparently have rising to $60.. no idea then what caused the quick raise
of the RUble.. Anyone knows?

Uncertainity in Ukraine and Fall Oil Prices is afecting Rouble.

Although at 49 or 50 Rouble was too strong and Finance minister did mentioned they would like to weaken it further

Russian rouble, bonds suffer after central bank halts forex repos

"The key reason for the rouble weakening was the decision by the central bank to halt its forex repos. In that way, the central bank again clearly outlined that it doesn't want to see the rouble too strong," analysts at Nordea bank said in a note.

Austin wrote:Uncertainity in Ukraine and Fall Oil Prices is afecting Rouble.

Although at 49 or 50 Rouble was too strong and Finance minister did mentioned they would like to weaken it further

Correct. Ideally Ruble should be between 55 and 65 to facilitate industry and export.

Of course, "plunging" Ruble makes for better headlines.

After raising the central bank's key lending rate in December to 17%, Nabulina cut the rate 3 times this year: 1.5% then 1%, then 1.5% on April 30th. The Rouble did appreciate during these cuts (it should have depreciated). I think the market is correcting itself now.

In my humble opinion, interest rates should be cut to 9% during the summer and the Rouble should be between 55 and 60 to the US$.

Nice  

Russia to Increase Its Gold Reserves – Central Bank Head

The head of Russia’s Central Bank is determined to increase the country’s gold reserves to its previous levels in 2012-2013, from $360.5 billion up to $500 billion.

Russia's Novatek Reaches Long-Term LNG Supplies Deal With Shell

http://tass.ru/en/russia/798854

So be prepared. In september, oppositionists will attempt stupid stuff in corrolation to the regional ellections, with knowledge US diplomats have also made "visits" as well. Good thing is, they know all of this and are preparing for opposition using dirty tactics. Hopefully there are enough people in these regions who will gladly stand up against western funded opposition and their dirty tactics.

S&P warns about possible defaults across several Russian regions. Who the fuck are they kidding? If some regions are close to a default then I wonder how fucked Ukraine is. Yet these idiots don't publish any forecasts on Ukraine.

Dont mind what S&P writes. They clearly are a bullshit organization proven in 2008. Even if these regions default, so what? What will anyone do about it. Much like Ukraine. Cant do anything about it if they default, just no more foreign loans.

At this point, Russia should outright ban travel of US and EU diplomats to other areas other than moscow. Also, ban any funds going to political parties from outsude. If caught, you lose your right to run for politics. Goes for both sides. Russia would eliminate a hige portion of their issues.

to be honest, that would be extremely stupid.

half of EU members are more pro russia, than pro sweden+uk+balthurt+poland.

targeted countermeasures will always be better than some blanket punishment

Possibly. But the US officials visiting areas where opposition will be running tells a tale already, especially when they have a history...

These guys are attempting to do it in small areas for a reason...

If that's what they are aiming for then they will most likely try the same tactic like in Maidan: threaten Moscow with more sanctions if they try to suppress the protests. Only this time it won't be the police

Neutrality wrote:If that's what they are aiming for then they will most likely try the same tactic like in Maidan: threaten Moscow with more sanctions if they try to suppress the protests. Only this time it won't be the police

I am curious but also very worried how it will turn out. These regions are secluded from Moscow almost so it is ripe for issues. Add to that, Novosibirsk already has idiots so adding people whom are anti government to a government rally just to spite Putin can happen. Hopefully people are not so dumb. But seeing how many these losers can garner in Moscow and St.pete, gives me indication they may be able garner quite a few. Add in, they may bring their "people" in from other regions to add to their numbers in protests.

I have faith in Moscow but not much in Siberia and central Russia. They may try to aim for separatism already some called for that in Novosibirsk (mind you, only a few people did compared to over a million people, but still).

I think they are trying it already with subliminal messages like dancing with the stars - "where are you from?" "tomsk Siberia". No mention of Russia. They are trying to appeal the concept of a separate Siberia from Russia and they are going to try it during these elections with US help. So added sanctions is nowhere near as bad compared to losing Siberia because of a similar situation to Ukraine with Maiden. That must stop.

Nah, the "Tomsk, Siberia" thing is not as serious as you think. People tend to make that "you're a Siberyak?" remark quite often.

Neutrality wrote:Nah, the "Tomsk, Siberia" thing is not as serious as you think. People tend to make that "you're a Siberyak?" remark quite often.

Maybe oraybe not. But there are certain sympothisers in Siberia that follow through what US wants and they will play this up. Why Russian gov does not limit their travels is beyond me. And also, why should they allow political parties to obtain "donations" from NGO's and foreign entities, be able to participate in elections? Anyway, I fear the worst and hope that Russian gov will have enough security. I know the anti maidenists will do what they can but I dont think they will be able to fly people around like Navalnys group can, to get people to protest. So there may be massive protests that will get out of hand and only few locals that can try to prevent issues, but it may just get out of hand. Look what they attempted to do in Chechnya (but failed of course cause Kadyrov has much more power). Novosibirsk on the other hand, I have no faith in whatsoever. So it couls get ugly there.

Vann7 wrote:

Whats going on with the RUble?

In 3-5 days have moved from 49 per dollar to 55.. now..

Anyone knows why? is the ruble under attack? Do the bank have done something new ?
Perhaps is Europe new round of sanctions from Europe?  

SInce Oil prices apparently have rising to $60.. no idea then what caused the quick raise
of the RUble..  Anyone knows?

Itoccured because yesterday NAF took situation in their hands and kicked azov batallion because they were causing too much civilian casualties and id OSCE as usual failed to manage the fcuking cesspool west has created in first place .










[/quote]

Prince Darling wrote:to be honest, that would be extremely stupid.

half of EU members are more pro russia, than pro sweden+uk+balthurt+poland.

targeted countermeasures will always be better than some blanket punishment

introduction first darling 

I am surprised no one is concerned but me about the upcoming regional elections. With US backing, they chose these regions specifically for a reason, with Novosibirsk as big as it is, and as diverse as it is (with a large population of liberal scumbags), they could be successful which will be a huge problem for Russia as a whole - they could aim at seperatism or destroying the foundation that exists in those regions.

Well at least now Russia has a reliable financial instrument for controlling the exchange rate.

Want to lower the rouble's value in order to facilitate exports? Kick some Ukr ass

sepheronx wrote:

Neutrality wrote:If that's what they are aiming for then they will most likely try the same tactic like in Maidan: threaten Moscow with more sanctions if they try to suppress the protests. Only this time it won't be the police

I am curious but also very worried how it will turn out. These regions are secluded from Moscow almost so it is ripe for issues. Add to that, Novosibirsk already has idiots so adding people whom are anti government to a government rally just to spite Putin can happen. Hopefully people are not so dumb. But seeing how many these losers can garner in Moscow and St.pete, gives me indication they may be able garner quite a few. Add in, they may bring their "people" in from other regions to add to their numbers in protests.

I have faith in Moscow but not much in Siberia and central Russia. They may try to aim for separatism already some called for that in Novosibirsk (mind you, only a few people did compared to over a million people, but still).

I think they are trying it already with subliminal messages like dancing with the stars - "where are you from?" "tomsk Siberia". No mention of Russia. They are trying to appeal the concept of a separate Siberia from Russia and they are going to try it during these elections with US help. So added sanctions is nowhere near as bad compared to losing Siberia because of a similar situation to Ukraine with Maiden. That must stop.

There was a radio show in Finnish's public radio channel YLE about possible secessionist movement in Karelia and whether Finland should support it or not. The show had two hosts and two guests. Both of the hosts and one of the guests were for promoting secessionist movements in Karelia and one of the guests was more reserved.

The other host was a Russian woman who has been living in Finland for years. Her name is Polina Kopylova and she is speaking pretty fluent Finnish language. Kopylova was heavily promoting for secessionist movement in Karelia and thought that Finland should semi-officially back any such movements there. Kopylova said that people living in Karelia have their own identity and they view Moscow suspiciously. She said that this identity should be strengthened with Finnish help. She also said that an independent Karelia would create a good buffer state between Finland and Russia and that Karelia would probably be included to NATO as soon as it gets independence.

She also said something interesting about the mentality of the former Soviet people. She said they are very easily manipulated with propaganda and that Finland should practice even very crude anti-Moscow propaganda in Karelia. She said that the current events in Ukraine prove how easily people (on both sides) can be manipulated with good propaganda. Ukraine has been a target of Western NGO's for years and the year of 2014 proved how effective their work proved to be. Similar tactics should be used in Karelia, she said.

Kopylova is a very popular journalist in Finland because of her staunch anti-Russian stance. She has gotten to be part of many different programs and shows (and has made a lot of good money too). Those Russians living in Finland who support the current Russian government are kept out of media effectively.