03-28-2023, 04:36 PM
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#31
- BigDaddyBiceps
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- BigDaddyBiceps
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Originally Posted By Duckliver⏩
Do you think that all of the destroyed infrastructure, buildings etc were all built in one year and that is what amounts to GDP? Fckin LOL.I agree it’s magic how ukraine took 1 trillion in damage when the countries GDP was 200 billion in 2021
Every collapsed bridge. Every road. The sewer systems. The electrical grid. Every blown up apartment. Every family that suffered loss of parents etc and are suffering PTSD. The entire nation is fooked, regardless of their 200B GDP. It's done.
04-04-2023, 07:41 AM
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#32
- OliverHeldens
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Originally Posted By OliverHeldens⏩
Russia arrested one of the authors of this article for writing it. Methinks Putin might be getting a bit worried.https://www.wsj.com/articles/russias...d=hp_lead_pos6
MOSCOW—The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those days are over.
As the war continues into its second year and Western sanctions bite harder, Russia’s government revenue is being squeezed and its economy has shifted to a lower-growth trajectory, likely for the long term.
The country’s biggest exports, gas and oil, have lost major customers. Government finances are strained. The ruble is down over 20% since November against the dollar. The labor force has shrunk as young people are sent to the front or flee the country over fears of being drafted. Uncertainty has curbed business investment.
“Russia’s economy is entering a long-term regression,” predicted Alexandra Prokopenko, a former Russian Central Bank official who left the country shortly after the invasion.
There is no sign the economic difficulties are bad enough to pose a short-term threat to Russia’s ability to wage war. But state revenue shortfalls suggest an intensifying dilemma over how to reconcile ballooning military expenditures with the subsidies and social spending that have helped President Vladimir Putin shield civilians from hardship.
Russian billionaire Oleg Deripaska warned this month that Russia is running out of cash. “There will be no money next year, we need foreign investors,” the raw-materials magnate said at an economic conference.
Having largely lost its European market next door, and with other Western investors pulling out, Moscow is becoming ever more reliant on China, threatening to realize long-simmering fears in Moscow of becoming an economic colony of its dominant southern neighbor.
MOSCOW—The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those days are over.
As the war continues into its second year and Western sanctions bite harder, Russia’s government revenue is being squeezed and its economy has shifted to a lower-growth trajectory, likely for the long term.
The country’s biggest exports, gas and oil, have lost major customers. Government finances are strained. The ruble is down over 20% since November against the dollar. The labor force has shrunk as young people are sent to the front or flee the country over fears of being drafted. Uncertainty has curbed business investment.
“Russia’s economy is entering a long-term regression,” predicted Alexandra Prokopenko, a former Russian Central Bank official who left the country shortly after the invasion.
There is no sign the economic difficulties are bad enough to pose a short-term threat to Russia’s ability to wage war. But state revenue shortfalls suggest an intensifying dilemma over how to reconcile ballooning military expenditures with the subsidies and social spending that have helped President Vladimir Putin shield civilians from hardship.
Russian billionaire Oleg Deripaska warned this month that Russia is running out of cash. “There will be no money next year, we need foreign investors,” the raw-materials magnate said at an economic conference.
Having largely lost its European market next door, and with other Western investors pulling out, Moscow is becoming ever more reliant on China, threatening to realize long-simmering fears in Moscow of becoming an economic colony of its dominant southern neighbor.
USD gaining lots of strength against the Ruble over the last 2 weeks. All signs point to Russia beginning to fall apart.
04-04-2023, 07:44 AM
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#33
- DesiredUserphag
- 1:12TilTheDayIFukinDie
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- DesiredUserphag
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Didn't they just link up with China? We're the ones coming undone
𝗣𝗨𝗥𝗘𝗕𝗟𝗢𝗢𝗗
ωσяℓ∂ тяανєℓєя ȼяєω ₅₀/₁₉₅
𝕬𝖊𝖘𝖙𝖍𝖊𝖙𝖎𝖈𝖆𝖑𝖑𝖞 𝕮𝖚𝖙 𝕸𝖆𝖘𝖙𝖊𝖗 𝕽𝖆𝖈𝖊 ®
ᗪIᔕᑕᖇIᗰIᑎᗩTIOᑎ E᙭ᑕᒪᑌᔕIOᑎ IᑎᗪOᑕTᖇIᑎᗩTIOᑎ
04-04-2023, 07:46 AM
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#34
- OliverHeldens
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Originally Posted By DesiredUser****⏩
They agreed to sell discounted oil to China. That's not a sign of strength lol.Didn't they just link up with China? We're the ones coming undone
04-04-2023, 07:48 AM
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#35
- Kev1972
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- Kev1972
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The world's biggest manufacturer just made an energy deal with them. I think they'll be okay.
Meanwhile enjoy your biden bucks $500 heating and air conditioning bill.
Meanwhile enjoy your biden bucks $500 heating and air conditioning bill.
Motorcycle crew
Army veteran crew
One Meal a day crew
04-04-2023, 07:51 AM
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#36
- OliverHeldens
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Originally Posted By Kev1972⏩
I didn't vote for Biden, and have never voted Democrat in my life. They clearly aren't ok, and are selling their oil at an extreme discount in order to stay solvent.The world's biggest manufacturer just made an energy deal with them. I think they'll be okay.
Meanwhile enjoy your biden bucks $500 heating and air conditioning bill.
Meanwhile enjoy your biden bucks $500 heating and air conditioning bill.
04-04-2023, 08:00 AM
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#37
- OliverHeldens
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https://apnews.com/article/wall-stre...df6648ef5adec5
Here's the article about the reporter being arrested. Not exactly a sign of strength from Putin.
Here's the article about the reporter being arrested. Not exactly a sign of strength from Putin.
04-04-2023, 08:08 AM
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#38
- OliverHeldens
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04-04-2023, 08:21 AM
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#39
- DrunkonMilk
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- DrunkonMilk
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Originally Posted By OliverHeldens⏩
A more accurate picture is looking at the five year chart instead of just this month lol.http://forum.obnoxiousbrutes.com/showthread.php?t=159810801
04-04-2023, 08:34 AM
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#40
- OliverHeldens
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Originally Posted By northernlights7⏩
Look at the data.We're still talking about the Russian economy and santions? April of 2022 called, and they want their news story headlines back.
04-04-2023, 10:50 AM
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#41
- OliverHeldens
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Originally Posted By DrunkonMilk⏩
Has been rising since the beginning of the year. Putin put some controls in place that saved the Ruble at the beginning of last year, so anything before then is absolutely meaningless. Now they are finally starting to fall apart.A more accurate picture is looking at the five year chart instead of just this month lol.
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