Topic: Russia More Than Triples Current-Account Surplus to $167 Billion - page 2. (Read 562 times)

Wind turbines and solar panels need maintenance, they are not build and forget. Sometimes they fail.

To make it "work", you'll have to plant tens of thousands of (possibly millions?) solar panels and wind turbines. Who the fuck is going to do the maintenance of these? Who is going to track down the faulty ones? Are you going to find and replace them with the good ones, fix them or just leave them dead where they died?

Over the years, you'll have to build new farms instead of fixing the faulty ones till you run out of land and you'll run out of land.

You're yet to see?
You proclaimed in April that in one month Ukraine will lose half of its territory and now you fail to see this?

Their GDP dropped 4%, this with months of companies still working there for a while, with the ones retreating still paying their employees 3-6-12 wages for being let off, with most having paid rents and suppliers one year in advance, with people still having a few pennies left aside and DESPITE your claims of billions entering the economy it has still shrunk 4% with 4.9% in the last month!
And you don't see the meltdown happening?
Oil is on average 10% lower in the last 30 days than when the conflict started, Russia is selling less and for less than that, you keep mentioning gas prices at the TTF but you don't understand Gazprom is not selling gas there, those are future settlements but probably I will waste my time explaining the difference.

Your bias knows no margin, you're bragging about how Russia is exporting this and that to China and India but I haven't seen you mention this one a single time:
https://www.thehindu.com/business/Industry/russia-defaults-on-lng-supplies-to-india/article65657494.ece
Europe will freeze to death but till then seems like we can buy what others can't afford:
https://www.reuters.com/business/energy/indias-petronet-delays-plan-1mtp-lng-deal-amid-high-prices-2022-08-05/

Those are things none should speak of, right, because it breaks your narrative!! Because you don't want to see the reality? Well, good luck then, there is no meltdown in the Russian economy, Russia hasn't defaulted twice in history, the USSR has not collapsed and there was no meltdown at Chornobyl either! Oh, and India has conquered Great Britain there times also! Sorry, I forgot this! Just as how Iran once ruled all of Mars!


You might want to google "saki airbase" and visit this. Your superstars have hit rock bottom faster than Lindsay Lohan!

Reminiscent of arguments about the weakness of the Russian Black Sea Fleet due to the loss of the flagship. The local tactical successes of the Armed Forces of Ukraine set off in contrast the strategic fiasco of Ukraine, which has almost completely lost its fleet and air force.

Of course you use your technical superiority to shoot like real cowards from afar and kill children in schools and people in shopping centers, but in close battles Ukrainians teach you lessons about what it means to be a true patriot. When Ukrainians target legitimate military targets anywhere in the occupied territory, you call them terrorists...


We saw this a few days ago, when the Ukrainians prepared summer fireworks for you in Crimea, even 300 kilometers from the front line - the superior planes of the fifth and sixth generation did not even manage to take off - a great success of the Russian military aviation. Money and military supremacy are not always decisive in war, and your Serbian brothers can confirm that because they are still whining about the defeat they experienced more than 30 years ago.


You mean these superior helicopters that the Ukrainians destroy without any problems?

https://www.youtube.com/watch?v=dMX9cEf8qVg

The entire territory of Ukraine is completely shot through by Russian land, air and sea-based missiles, and the missile defense of Ukraine cannot do anything about it - this is a fact.

The Russian Aerospace Forces are in good technical shape and excellent combat tone. Front-line aviation performs combat missions every day, mainly at ultra-low altitudes beyond the reach of radars and brings terror to the soldiers of the Armed Forces of Ukraine. The superstar of this operation is the Ka-52 Alligator attack helicopter.

At the moment, your guarantees are invalid. The green agenda has beautiful pictures on presentations, but right now it does not stand the test of practice. The wind blows unevenly, sometimes it is calm or the wind is too strong for a windmill, the same thing happens with solar panels. Controlled thermonuclear fusion would be a good solution, but its implementation is still in question and the timing is constantly shifting. In general, the world cannot do without the burning of hydrocarbons, even if everyone unanimously switches from gasoline cars to electric cars. To "green" Europe will have to abandon the industry.

Russia is still one of the military superpowers in the world, despite the fact that they spend a fraction of what the United States and China spend on defense. I agree that they have fallen behind in some of the sectors, but Russia continues to be among world's top exporters of weapons. Now coming to the economy, I am yet to see any meltdown or destruction of the national currency, as predicted by the Western media six months ago. That may happen in the near future, but so far their economy has been resilient against the sanctions and embargoes. 

That's what they're doing, you're right. I suspect the estimation is based on the current exchange rate of usd to ruble in Russia. We all know that this exchange was artificially inflated by Russia spending some of their gold to pump up ruble prices and demanding countries to pay for international trade in rubles. Some countries like Bulgaria, Finland and Poland refused to pay, but there are some who did, mainly Germany - a country that is making a fool of itself in the EU. First they blocked aid coming to Ukraine from the UK, refusing to let it pass through, then, when Ukraine requested military help, Germany said it cannot spare any vehicles because they're all being used, then we heard they're paying Russia despite sanctions... I say fuck Germany, the supposed leader of the EU, who goes against its own vote and openly supports the aggressor, that the whole Europe condemns. The world should learn from this conflict and see which countries are really on which side of this conflict.
France isn't much better as it delivered military equipment to Russia during the conflict, despite sanctions, and of course agreed to use the ruble.

Renewable energy sources are not a crap solution, right now it could be looking like it's crap and not enough but with enough investment it would be done and it would be much better. Which one would you prefer to rely on, the oil you get from dead dinosaurs for a while longer, or a limitless energy sources that will die in 4 billion years called the Sun? I would prefer the Sun really.

And maybe it is not enough today, but I guarantee you that it will be enough in the long term because tech is ever improving and we will have a much better one eventually, the price would drop and improvements and new features would make it a viable source of energy to whole Europe.

While I agree that the sanctions haven't hit Russia as much as was anticipated and some pretty smart financial policies helped the fiat currency stabilize, I also have a couple of questions. First is that the Bloomberg article is based on the Bank of Russia publication. If Russians lied they wouldn't invade, lied that they didn't torture civilians in Bucha, and that they didn't bomb Mariupol, then HOW do we know that they're not lying right now with this report? What's stopping Russian bank from simply writing up pretty numbers to show they're doing great while the reality is far from great?
Then look at things like food prices which, according to Russian sources, are roughly a quarter more than a year ago (but some estimates say even higher than that), and car prices are also up by 23% since the start of the full-scale war. I'd take these pretty numbers on a Russian website with a huge grain of salt, but also agree that much more must be done to prevent Russia from comfortably financing its current war.

In case you're not watching the news, even the Iran government has admitted it targeted something else and downed a civilian planed killing 200 innocent civilians, mostly Iranian with that crappy system of yours.
https://en.wikipedia.org/wiki/Ukraine_International_Airlines_Flight_752

So, yeah the entire world has seen how accurate Iranian weapons are, on par with the Russian buks system.
Stick your lying propaganda where it belongs, seems like the more zeros the Rial has against the $, the lower the purchasing power and affordability of food in Iran, and the more people being shot and executed by asking for bread the more we hear about those wundervaffen that will crush the capitalist pigs.


What a surprise, everything about their might military was a lie, but you still believe things about their might economy..
Cause, it makes sense!


Of course, you won't hear it from pooya87 but the Israeli F35 have just had a few of those for dinner, so, it won't be a game changer in a combat theater even without those but where still nearly every guy has a manpad on his shoulder.

Evidence suggests that you can. Take United States for example, according to what CENTCOM commander Gen. McKenzie told the House Committee on Armed Services a year ago, US hasn't had air superiority in countries they are occupying for the past years. That's all because of the drone threat they are facing, and we are talking about primitive drones like Qasef that poorest countries like Yemen use to hit US bases occupying their country not even the advanced ones owned by Iran such as those with artificial intelligence.

That's just media putting a magnifying glass on a normal thing that has been going on for a couple of years. Considering the fact that Iran has been mass producing modern weapons, export has always been one of the plans; ever since the UN arms embargo was removed in 2020 the Iranian advanced weapons have been sold in global markets. For example earlier this year in Doha International Maritime Defense Exhibition in Qatar, the Iranian made AD-200 long-range air defense missile system was present among other things (the selling point was the US stealth aircraft right across the hall that the system had shot down the previous year!).
Or the drone production line that was installed for Tajikistan to help them fight terrorism in the region using the multi-purpose Ababil drones.

As for this particular news it's hard to say if it is true unless some evidence comes out.
- On one hand the media has been filled with a lot of nonsense lately (like the recent thing about Russia needing the Iranian satelite to spy on Ukraine lol). Neither side has either approved or rejected these claims.
- On another hand there has been a military relationship between Iran and Russia (clear from things like the naval drills over the past years in Indian Ocean and soon in North Atlantic Ocean). Also considering that Iran's drone industry is leaps and bounds ahead while the airforce is behind in regular manned planes, this could be true and about a swap (Shahed family for Sukhoi technology).

It is surprising that the defense capability of Russia is not very uniform. They have some of the best ballistic missiles, submarines and air-defense systems in the world, but they are lacking in some of the basic sectors such as armed drones and APCs. My understanding is that they are a bit behind in new defense technology sectors, such as UAVs, but are good in improving already existing sectors. Their purchase of drones from Iran is very surprising. I never thought that Iran had such advanced defense industry. This is a warning sign to anti-Iranian alliance nations, such as Saudi Arabia and Israel.

It is true that modern military planes are terribly expensive, and pilot training is demanding, expensive and time-consuming, but the fact is that you cannot skimp on such things if you want to achieve superiority in the air. The fact is that Ukraine has very successfully defended its airspace since the beginning of the invasion, and today it is doing it even better and more efficiently. Drones are of course something that is being used more and more, but military planes are still something that every sovereign country that cares about its security wants to have.

Speaking of drones, these days I am reading news about Russia buying drones from Iran (Shahed-129 and Shahed-191) and that the Russian delegation has already visited the Kasan air base several times to see for themselves their capabilities.

Renewable energy sources for production needs are complete crap. Europe is France and Germany, whose economy allows the European Union to exist. They need cheap resources for this, and now there is nowhere to get it from. The economic downturn in Europe will be much stronger than in Russia.

I'm not a military analyst but I don't think Russia wanted to use its planes because losing a pilot is too expensive a loss to risk it. Any other asset (except maybe big warships) could be replaced (ground troops, tanks, radars/SAMs and their operators) but a pilot can not be easily replaced.
This is why I've always said the future wars is fought with drones not people.

I said components that includes a lot more than just electronics and majority of it is manufactured domestically. You should be more specific about what part for me to say if it is manufactured domestically or not if the information is public.

P.S. economy is not down the drain the exchange rate is and that's because of the printing spree that the previous presidents were on

This is nothing; yeah, because they already got those people who had money back into the nation and into the economy and they have this, but they won't have it forever. As long as everyone else agrees that they are not going to end up with something special and remove sanctions or something, then Russia will sell less and less and less to the world.

The renewable energy sector will keep on growing bigger, and eventually people will not want what Russia has. This is a short term gain for them, good for them too because money today means a lot more than money tomorrow, so if they invest it accordingly and get ahead, they could keep on being a superpower, but if they get victory drunk, then they will end up losing a lot more in the future.

Lol.

Dude, you don't understand what's going on in Russia at all. The government and the Central Bank are now making great efforts to, on the contrary, avoid an excessive strengthening of the ruble (because it is unprofitable with such a huge trade surplus). In short, a huge flow of euros is now going to Russia for the supplied energy resources, and these euros have nowhere to spend. The euro for Russia is now an extremely toxic monetary asset, with high risks of blocking due to many sanctions. Under the terms of Putin's "gas for rubles" scheme, euros coming to Gazprombank should be immediately exchanged for rubles through the stock exchange, but who and why will buy them there and where will he spend them? This is one of the main reasons why Nord Stream pumps only 20% of its capacity, because Russia does not need as many euros as Europe needs Russian gas!

With the US dollar, the situation is simpler, because the US dependence on Russia is not as strong as that of Europe, and because the dollar is still the world's reserve currency and is welcomed in many places in the world. And the euro is used only in Europe and is only suitable for paying for European goods, which are almost all now under sanctions for Russia. This is not a very good situation for Russia and a complete fuck-up for the European Union.

The Russo-Ukrainian war is in to it's 6th month now. Let's look back at some of the calculations and judgements made by both the sides when the war started. From Russian side, they made the miscalculation that Ukrainian defenses would crumble and they would be able to over-run Kiev within a month. That never happened. And also, they never thought that half of their forex reserves would be frozen. On the NATO side, they overestimated the efficiency of their sanctions. They expected the Russian Ruble to disintegrate and on the other hand it strengthened further, sanctions only had a minimal impact on Russia and on the other hand, they resulted in huge price increases for fuel and electricity in those countries that were imposing sanctions. 

A series of sanctions imposed by Europe and the United States on Russia have led to a significant decrease in Russian imports, coupled with a surge in Russian energy and commodity export revenue, which has expanded the trade surplus. Russia's natural gas exports to Europe have effectively stopped, oil exports have not grown significantly, and exports of other commodities are declining, such as metallurgy, lumber, gold, etc., and world commodity market prices have dropped. The sword eventually pointed to Europe and the United States themselves.

Precisely Iran than is under sanctions? May you comment on how is Iran getting hold of the high tech electronics when under sanctions and with an economy down the drain?

The EU has plenty of flexibility to choose a strategy despite a short term initial issues. Gas terminals are rented and build, nuclear reactors get a lease of life, back to coal if required,... nothing like suicide.