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    Russian Economy General News: #11

    Maximmmm
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    Post  Maximmmm on Thu Nov 19, 2020 9:45 am

    Yeah in general the recovery of the railway system was one of the long-term successes of Russia under Putin. You can trace back things slowly beginning to recover all the way back to his first term even.
    The amount of abuse the system took in the 90s meant it was a while before things were back to spec, but nowadays only relatively low priority routes still need overhauling. As someone from the island, seeing Sakhalin get converted to Russian gauge after a 17 year project was a watershed moment.

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    Post  miketheterrible on Thu Nov 19, 2020 10:16 am

    Fricking BAM is a huge success.

    The fact even Stalin era couldn't get it close to completion yet Russia under Putin did without the need of gulag cheap labor is testimont to Putin's leadership.

    We can't even get a god damn fucking overpass built in Calgary in a decade or complete a god damn stretch of road.

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    calripson

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    Post  calripson on Thu Nov 19, 2020 4:10 pm

    miketheterrible wrote:Fricking BAM is a huge success.

    The fact even Stalin era couldn't get it close to completion yet Russia under Putin did without the need of gulag cheap labor is testimont to Putin's leadership.

    We can't even get a god damn fucking overpass built in Calgary in a decade or complete a god damn stretch of road.

    It is more of an accomplishment to those of us who lived in Russia in the 1990s when there was total corruption. In those days, every ruble budgeted would have ended up in an Cypriot or Israeli bank.
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    Post  Vann7 on Thu Nov 19, 2020 4:52 pm

    As Biden’s US presidency approaches, fate of Nord Stream 2 pipeline will indicate whether Russia & EU are set for final divorce

    Russian Economy General News: #11 - Page 33 5fb529eb85f54068625a7302


    The biggest event in Russia history ,after soviet union collapse and even bigger in the entire
    Russia history ,including soviet and russia empire era ,in terms of economy ,without a doubt
    will be the cancellation of nord stream 2 project by europe.  if cancelled ,means europeans
    capitulated to the only option they had ,the only system that was available ,the american one.

    Whether that the European union ban it at government level or that the companies there black mailed by Americans to abandon it ,doesn't matter ,it will show that Russia will be officially
    out of the european union commerce ,and any sales to them will be comparable to the one
    they have with australia ,totally irrelevant in russia economy ,means russia and europe trading with the perfect storm of sanctions and covid19 ,will become less than 1% of russia budget..
     

    You all heard many times how even putin during 2014 sanctions over crimea , they told..
    "the best thing about western sanctions is that Force us to become independent of the
    west...." bla bla bla , then he began to speak about Russia "pivot to Asia".

    Problem is . he still continues depending on the west , six years later , russia still depends on
    western system and european money for russia development , Russia have developed zero alternatives to the american internet , zero alternatives to western banking system ,
    zero alternatives to international payment systems like visa ,mastercard ,zero alternatives to
    the swift international microtransanction system ,zero alternatives to western computer industry ,like intel ,amd ,microsoft ,and western software industry , and no strong competition at all to the western modern culture and entertainment industry , he keep russia in the soviet past ,every hollyday in russia is directly connected to soviet union memorable event . Russia thematic entertainment parks are all made either to honor  soviet union or done by american companies. Rolling Eyes

    So how Putin expect ,that the european union throw away their western american world ,that is not perfect for sure but they can work on it to improve it ,and change it for a piece of empty white paper? Russia is not even leading in space explorations or anything ,just taxi to ISS ,while now the space race is done by US and China. So why will the european union choose to cut completely their relations with american business world ,that includes US high tech puppets states like japan ,south korea and taiwan  (and still includes china) ?  

    So how many years needs to putin to make Russia a true independent nation ,is 20 years in powers not enough?  look how much china have achieved in 20 years, when in that period china was far behind Russia in every development area. does putin needs the entire world to abandon the anglo american jewish system ,just because putin will ask them politely for it ?  No

    Sadly no , under putin russia will never truly progress ,because there is absolutely no major differences to what putin was doing in 2000 vs 2020.. other than a more independent military industry ,and a little bit more independent agriculture.. but thats all.  he have not done any major breakthroughts in high tech business industry . they produce science tech demos here or there ,but
    they never do a business with them ,and capitalize it.  Russia economy dependence on oil and gas sales , is what holds back russia entire national development ,because a huge mountain of money is
    invested in building those pipelines ,maintainance ,and in building refineries and the staff required
    for that operation.  

    So why a cancelation of nord stream 2 ,could become the most important event for Russia
    future ? because will show clearly Russia have no future as a gas station  ,and Putin realize his entire economic strategy was a total abysmal failure the past 20 years ,and that combined with ever decreasing oil prices of oil and natural gas ,will send Russia economy in free fall ,because nord stream 1 will neither be profitable , and for the first time Putin realize ,that his entire vision of russia as a saudi arabia of eure-asia was completely wrong , this is because china is also moving away from Russia energy industry , they are pushing for free clean energy , solar energy ,electrical energy , and many other more future looking technologies.  
    If that wasn't enough bad news , (if nord stream 2 cancelled) , Russia will face the backslash of
    also putin short sight vision of russia as an olympic nation ,post covid19 era.. sports and tourism
    will be death , those will continue but only as online events and people will cease to travel ,so bad
    news too for Putin . he might as well sell the entire sochi avenues to the middle east ,in scrap metal,
    at least will be less embarrassing to have sochi completely empty of people and to observe it to rust ,for the lack of money to maintain it.  Russia needs to modernize its economy or collapse and die.. they have no other options.  Since putin is scared of electronic high tech industry , is more than likely they will push for pharma industry and dedicate to do vaccines.. which will not be a bad thing economic wise ,but still will do nothing to stop the western system if they allowed to continue leading
    the world in high tech and space. The only hope Russia will have to not become another collapsed soviet union and not split in many parts again ,will be to become a colony of china , which will be the only competition the west will face and the only other nation leading in the world , after US .



    Last edited by Vann7 on Thu Nov 19, 2020 5:14 pm; edited 4 times in total

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    kvs
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    Post  kvs on Thu Nov 19, 2020 4:52 pm

    miketheterrible wrote:Fricking BAM is a huge success.

    The fact even Stalin era couldn't get it close to completion yet Russia under Putin did without the need of gulag cheap labor is testimont to Putin's leadership.

    We can't even get a god damn fucking overpass built in Calgary in a decade or complete a god damn stretch of road.

    BAM was a 1970s project that had nothing to do with Stalin and gulags. And gulag labour was not used after 1953.
    Khruschev did at least one good thing and that is he emptied the gulags in 1956. Yes, that actually happened even though
    Khruschev was a busybody in the 1930s sending "enemies of the people" to be shot or to gulags.



    Putin has overseen a massive refurbishment and upgrade program where BAM is being upgraded to handle 25 trains per day
    from the current maximum of 15 trains.

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    Post  miketheterrible on Thu Nov 19, 2020 5:27 pm

    It was thought up of much earlier (30's) but surveyers didn't complete in 1974. Guess that is where I made a mistake.
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    Post  kvs on Thu Nov 19, 2020 6:42 pm

    Maximmmm wrote:Yeah in general the recovery of the railway system was one of the long-term successes of Russia under Putin. You can trace back things slowly beginning to recover all the way back to his first term even.
    The amount of abuse the system took in the 90s meant it was a while before things were back to spec, but nowadays only relatively low priority routes still need overhauling. As someone from the island, seeing Sakhalin get converted to Russian gauge after a 17 year project was a watershed moment.

    Russia has exceeded the peak railway stock manufacturing seen in the USSR which occurred in the 1970s. This is with a population about
    half the size of the USSR. In key metrics Russia is now well beyond the USSR.



    In 2019 Russia produce 79,000 railway cars. The USSR all time peak was 72,000 cars in 1974.

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    Post  kvs on Thu Nov 19, 2020 6:49 pm

    miketheterrible wrote:It was thought up of much earlier (30's) but surveyers didn't complete in 1974.  Guess that is where I made a mistake.

    Sorry if I sound harsh, it is hard to convey sentiment via email and board posts.

    There were Stalinist projects that never got completed because the technological and industrial level were not that high and
    the demand was not there. In particular this project:

    https://en.wikipedia.org/wiki/Northern_Latitudinal_Railway

    The project is massive considering that it is going through permafrost. They can't just put down some gravel and rails.

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    Post  miketheterrible on Thu Nov 19, 2020 7:09 pm

    kvs wrote:
    miketheterrible wrote:It was thought up of much earlier (30's) but surveyers didn't complete in 1974.  Guess that is where I made a mistake.

    Sorry if I sound harsh, it is hard to convey sentiment via email and board posts.

    There were Stalinist projects that never got completed because the technological and industrial level were not that high and
    the demand was not there.   In particular this project:

    https://en.wikipedia.org/wiki/Northern_Latitudinal_Railway

    The project is massive considering that it is going through permafrost.   They can't just put down some gravel and rails.


    im aware, I just wasnt aware though that surveying took that long. But hey, at least its complete and that is what matters.
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    Post  par far on Thu Nov 19, 2020 9:37 pm

    What are the chances that ASEAN signs a free trade with RCEP?


    A decent article how President took out the greedy assholes.

    "It was during the purge of oligarchs and vulture capitalists that the true power behind Mikhail Khodorkovsky emerged. When it became likely he would be arrested, he arranged to have all his shares from the Yukos Oil Company transferred to the ownership of Jacob Rothschild. The transfer took place in November of 2003, giving Lord Rothschild control of shares estimated by the Sunday Times to be worth $13.5 billion. Putin subsequently liquidated and nationalized Yukos by seizing and selling off its shares to state oil companies at much below market value.

    So Putin has declared war on the most powerful people on the planet."




    https://thesaker.is/putin-expels-the-families/

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    Post  zepia on Fri Nov 20, 2020 8:13 am

    par far wrote:What are the chances that ASEAN signs a free trade with RCEP?


    Just signed, early this week.
    But it will take a while to get into effect due to the rectification process of each parties.

    https://asean.org/asean-hits-historic-milestone-signing-rcep/

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    Post  par far on Fri Nov 20, 2020 7:19 pm

    zepia wrote:
    par far wrote:What are the chances that ASEAN signs a free trade with RCEP?


    Just signed, early this week.
    But it will take a while to get into effect due to the rectification process of each parties.

    https://asean.org/asean-hits-historic-milestone-signing-rcep/


    Sorry I meant to say EAEU.

    Will the EAEU sign a free trade agreement with RCEP?
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    Post  kvs on Fri Nov 20, 2020 7:22 pm

    Free trade is an American imperial fetish. The concept is stupid since it allows large foreign companies with economies of
    scale to suppress competitors in other countries. America loves to have this top dog staying on top forever regime. Russia
    and most countries do not need it. So import controls need to exist and allow co-development instead of domination.

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    zepia
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    Post  zepia on Sat Nov 21, 2020 5:17 pm

    par far wrote:
    zepia wrote:
    par far wrote:What are the chances that ASEAN signs a free trade with RCEP?


    Just signed, early this week.
    But it will take a while to get into effect due to the rectification process of each parties.

    https://asean.org/asean-hits-historic-milestone-signing-rcep/


    Sorry I meant to say EAEU.

    Will the EAEU sign a free trade agreement with RCEP?

    Well, the RCEP itself takes 8 years to negotiate, The draft comes with some caveat for smaller countries like Laos or Cambodia to make them not end up in severely disadvantage position, Even then India still decide to pull off in last minutes for not beneficial enough.
    Free trade deal between EAEU and all RCEP partners will be even more tedious negotiation, if ever happen at all.
    FTA between EAEU and some individual country seem a lot more feasible.

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    Post  par far on Sat Nov 21, 2020 7:27 pm

    zepia wrote:
    par far wrote:
    zepia wrote:
    par far wrote:What are the chances that ASEAN signs a free trade with RCEP?


    Just signed, early this week.
    But it will take a while to get into effect due to the rectification process of each parties.

    https://asean.org/asean-hits-historic-milestone-signing-rcep/


    Sorry I meant to say EAEU.

    Will the EAEU sign a free trade agreement with RCEP?

    Well, the RCEP itself takes 8 years to negotiate, The draft comes with some caveat for smaller countries like Laos or Cambodia to make them not end up in severely disadvantage position, Even then India still decide to pull off in last minutes for not beneficial enough.
    Free trade deal between EAEU and all RCEP partners will be even more tedious negotiation, if ever happen at all.
    FTA between EAEU and some individual country seem a lot more feasible.


    India pulled out because Modi was sucking up to the US. Modi's Hindu fascist Nationalists will destroy that country.

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    Post  kvs on Sat Nov 21, 2020 11:27 pm

    Regarding Bidet and Nord Stream II, it is time for Russia to stop coddling it's western "partners" and leverage cold hard reality to the max.

    1) The USA does not even have 50 bcm/year of total gas export capacity. It imports about 80 bcm/year from Canada.
    So yanqui LNG is actually Qatari LNG. Russian gas exports to the EU are over 150 bcm/year.

    2) Russia can gain vastly from transitioning to LNG exports instead of piped gas. Pipelines are expensive and they
    bind Russia to long term contracts and expose it to blackmail from its "customers". We see this 24/7 from EU-tards
    and NATzO. Russia can generate LNG with cheap nuclear power which it can deploy (do not use nuclear power
    costs in NATzO for reference, they are absurd corrupt nonsense). So Russia can charge LNG rates for LNG that
    does not consume 30% of the export volume to create. Qatar and nobody else will be able to beat this. Finally,
    and best of all, Russia can sell its LNG to the highest bidder around the world. No more deals for enemy "customers".
    Take it or leave it and life sucks for losers.

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    Post  calripson on Sun Nov 22, 2020 12:09 am

    kvs wrote:Free trade is an American imperial fetish.   The concept is stupid since it allows large foreign companies with economies of
    scale to suppress competitors in other countries.   America loves to have this top dog staying on top forever regime.   Russia
    and most countries do not need it.   So import controls need to exist and allow co-development instead of domination.


    Free trade is an Imperial British invention that America soundly rejected in the 19th century as did Germany. That is how America built its industrial base. America only became a proponent of free trade when it essentially evolved into the successor of the British Empire.

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    Post  Tai Hai Chen on Sun Nov 22, 2020 3:19 am

    Does anyone know if the Sakhalin bridge is still on track for 2021 start?
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    Post  GarryB on Sun Nov 22, 2020 10:38 am

    Free trade does not exist when sanctions are imposed on Russian and Chinese companies.

    Particularly clear with 5g networks where the US is behind China so claims China might be doing what everyone knows US companies are doing (ie spying on everyone) and demands they be banned.... can't beat them... sabotage.

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    Post  kvs on Sun Nov 22, 2020 6:46 pm

    GarryB wrote:Free trade does not exist when sanctions are imposed on Russian and Chinese companies.

    Particularly clear with 5g networks where the US is behind China so claims China might be doing what everyone knows US companies are doing (ie spying on everyone) and demands they be banned.... can't beat them... sabotage.

    Just like with the Japanese supercomputers from NEC back in the 1990s.   NEC was basically obliterating Cray with its superior
    line of vector machines of the SX series.   So the US Congress quickly enacted protectionist laws to stop NEC imports.   This
    affected Canada as well even though Canada did not impose any import restrictions.

    Free trade is a scam since the US only follows the "rules" when it benefits itself.   If some foreign competitor makes inroads
    based on those very same rules, then the US quickly breaks them.   Like the loser crybaby that it is, running home to mommy
    with the ball.

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    Post  GarryB on Mon Nov 23, 2020 12:23 am

    It bans it... if it can't buy it...
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    Post  par far on Wed Nov 25, 2020 1:20 am

    How is the Dow breaking records when millions of people in Murica are jobless?

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    Post  kvs on Wed Nov 25, 2020 1:26 am

    par far wrote:How is the Dow breaking records when millions of people in Murica are jobless?


    Because it is a racket. The idea that the stock market is an actual metric of economic activity or vitality is absurd.

    I know some professional day traders and most of the market is predictable sheep. These investors literally act
    like frightened sheep and form a massive swarm. For example, they panic sell and thus break the point of
    buy low and sell high. They should not be playing in this casino in the first place. The significance of this is that
    such a large herd can be manipulated in various ways so you do not have any sort of stochastic character to the
    stock market which would respond to impartial data. Instead you have a manipulated pile of BS where stocks
    can be moved where you want them, if you have the resources. So the real big players own this racket and do
    with what they want.

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    Post  calripson on Wed Nov 25, 2020 2:12 am

    par far wrote:How is the Dow breaking records when millions of people in Murica are jobless?


    The most important determinant of stock prices is liquidity - how much money is chasing how many shares. The normal alternative to stocks is debt. In a world of near zero or negative interest rates not much competition; hence the multiples and prices get bid higher and higher. The game of musical chairs cannot go on forever...something has to give in the end and that something will be the US dollar. It is one reason you are seeing bitcoin increase in value because (although it is certainly an imperfect assets) it has a defined finite supply. I am of the opinion that the people who control the global financial system know exactly what they are doing and the predictable outcome of their actions. The dollar will be replaced by a global cryptocurrency (not bitcoin).
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    Post  kvs on Wed Nov 25, 2020 2:57 am

    Bitcoin is just as vapid as the US dollar. It is some fiat-like abstraction that is not tied to any economy. So it is like using
    art works or antique cars as currency. Yeah, gold is like that too. But at the end of the day only physical economies and
    energy matter.




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