Topic: Russia More Than Triples Current-Account Surplus to $167 Billion - page 3. (Read 523 times)

The situation in Russia is well described by this funny phrase: "...things in the country were going badly. That is, not so bad, one could even say good, but every year it gets worse and worse"

A certain surge of income, due to the economic terror of the EU, looks like a premortal, unexpected activity of a dying person. It happens - a person fades away, he gets worse and worse, and then such a surge of activity, he looks like he is recovering ... but after 3-5 days he dies. The same is happening with Russia. The next 3-4 months will be critical for Russia - an irreversible loss of the European market for gas supplies. Even Germany turned away from the bloody ghouls from the Kremlin! Ahead is the EU's rejection of Russian oil, to be more precise - tanker oil, which makes up the bulk of deliveries to the EU (a pipeline, if I'm not mistaken, something like - up to 15% of the total). The costs of "maintaining" the ruble (should the people be shown a beautiful fairy tale before they die? ) are enormous. Even more huge costs of war and terror in Ukraine. Especially after the friends of Ukraine supplied Ukraine with high-tech weapons - the losses and losses of Russia are growing unrealistically quickly and on a large scale. And Western technologies are no longer there ... And they won’t be!
In a word - watch the patient, and do not miss the moment to say goodbye to him while he is still moving

There's a significant difference between the united states invading countries in the middle east at a cost of more than $12 trillion.

And russia invading ukraine while generating positive revenue.

Generally analysts look at the technology, accuracy, speed and range of military weapons of war.

In the modern era, perhaps we can see that cost of operation is a more relevant statistic.

Russia can wage war in a cost effective manner. While the united states and europe may lack the capacity to do the same.

It could set the stage for economic collapse in western nations, while russia is less hampered by deficits or debt.

Irony being what it is, russia appears to have learned valuable lessons from the default and collapse of the USSR.

While the USA and other nations of the world appear determined to recreate the USSR's budgetary mistakes.

Sorry, your message is too long and I will allow myself to answer it selectively.

And how do you plan to implement it? And most importantly, when? So far, all the efforts of the West to ensure that Russia begins to earn less and cannot afford to continue the special operation ends with the fact that we are discussing a record positive trade balance of Russia, that is, the West was able to significantly reduce imports to Russia by sanctions, but could not even close proportionally reduce export from Russia. And even if physical export from Russia still fell, this brings more money to the Russian budget, because oil prices are quite high, and gas prices are even inadequately high. The weak link in the cornerstone of your reasoning is that you wishful thinking.

But I hope you remember the chronic deficit of your budget well. For many years of zero and even negative rates, the European Union has become accustomed to living beyond its means, plugging huge holes in the budget with loan allocations. Welcome to the era of rising key rates. Welcome to the era of double digit inflation. And say goodbye to the era of cheap money, the European Union is already on the verge of bankruptcy - and you fantasize about the coming financial difficulties of Russia? Take care of your pressing financial difficulties. Who in their right mind would buy European bonds with negative yields, especially after Europe froze Russian money in front of the whole world? This is not Russia, an unreliable supplier of energy resources, but the European Union, an unreliable buyer. Look at the dynamics of the euro exchange rate, if now for one euro they give one dollar, then in six months for one euro they will only give 50 cents, and in a year for one euro they will give you a fist in the eye. Think about it at your leisure.

Well, of course, the European Union will do a great job with the shortage of gas if it stops the heavy and chemical industries. The main thing is that ten million Ukrainian refugees and ten million new unemployed people do not freeze from the cold in winter. Great plan, as reliable as a Swiss watch.  

You've watched too much propaganda and have read too few real news.
While shortages are indeed possible, it's the industry that will be affected most, not the population, exactly because the politicians love their seats.


Russia is overrated and time will show this. Yes, the "green plan" lunacy will have to be postponed for a while, and the supply routes will get redefined.
Russia will be forced to sell less gas and oil on much lower prices. This means less income for a country that relies almost as much as the Arabs on the money coming from this sales. This means shortages your propaganda seems to forget about. Even more, you don't have to be rocket scientist to understand that the lack of money is not visible that much on short term, it's getting visible over years, when the infrastructure will fall apart.
It's a bit ironic that you are preaching us the greatness of Russia, greatness this war has shown it was only a facade.

European leaders going down? Of course some do, it happens all the time. I don't feel that it's much of difference from the pre-war COVID related days. It's part of how democracies work.
And while you seem to be noticing only anti-Russians going down, I notice "friends of Russia" now helping Ukraine's defense (you know, democracy, freedom of choice...). However, I remember that Russia's traditional enemy was USA, not EU, still, the propaganda tells only about the harm EU took, and nothing about USA. And you know why? Because Putin's stupid war intended against NATO, just made NATO and USA stronger.


You seem to have no idea what democracy is.


I've missed this in the last post and I'll tell here. Somehow your whatever generation planes seem to remember far too good that they're heavier than the air. As I said, Russia's greatness was proven to exist only "on paper".

In my own idea, Russia was very much really for everything which is happening right now for them because they know just after attacking Ukraine many countries and especially nano countries will try to put them under pressure. The best thing they can do is economic sanctions. which is not really helpful because Russia got plans for it and still there are many other countries like China and India the op mentioned they would keep trading with Russia so the sanctions will be not really helpful and Russia will not have many financial problems.

Ahaha, you all quarreled there already, although the embargo only on coal began to operate only today. By December, when the oil embargo comes into effect, different EU countries will begin to pull the blanket over themselves. The European Union is sewn together with too fragile threads from too different countries and Europeans are too accustomed to a high standard of living for the European Union to be able to maintain its unity in the face of severe energy shortages. Already several European leaders and governments have resigned since the start of the special operation in Ukraine, and they will all have to resign - because that is how democracy works. And they will be replaced by more sensible politicians who will be forced to abstract from politics and begin urgently solving the economic problems that have accumulated since the pandemic - because that is how democracy works. And in order to quickly solve economic problems, it is not a shortage of energy that is needed, but its excess, which Europe, with all its desire, has nowhere to get from except Russia. Think about it at your leisure.

ps It's strange that I'm telling you how democracy works, because you seem to have completely forgotten about it.

Fifth-generation fighter jets are already occasionally flying over Ukraine, and Russian design bureaus are developing next-generation fighters, because Russia is always one step ahead and has not stopped new developments even in the most difficult years. The West naively thought that it had defeated the USSR in the Cold War, but in fact, with the collapse of the USSR, it liberated Russia from a dozen fraternal republics that had been sucking all the juice out of Russia for decades. Now try to defeat Russia if you can.

They sit there in Europe with empty arsenals and two front divisions of combat faggots and think they are the kings of this party lol.

You didn't know because that never happened outside the Iran propaganda network.

The reality is that for a brief period of time the sanctions were loosened a bit and Iran went on a shopping spree, ordering airplanes worth 24 billion from both Airbus and Boeing, when sanctioned come back again they dropped some orders that were never going to be fulfilled in time and bought tens of old planes some even decommissioned to have them for spare part.
You can see the arrival of the new jets here:
https://thepointsguy.com/2017/03/inside-iran-air-a320-a321-aircraft/
And the full story is here:
https://simpleflying.com/iran-air-airbus-order/

So no, it's not something like Iran is managing to create spare parts for its planes, that's just wishful thinking.
The reality is that sanctions do work, and they work tremendously well, one picture worth 3000 words



I do hope Russia will take this advice and in 5 years we're not going to compare the Russian economy with Texas or California but with Yellowstone Park.


Oh, but they do have 6th generation planes! Definitely!
I mean, maybe it's true that their own military doesn't know that since even the su57 is the fifth generation, but they totally do. It's the new super stealth aircraft that you can see at all, it's so stealth even the bombs dropped from it don't do any visual damage at all. 

There won't be any spectacle like your president and 150 million Russians hope for, although many enjoy the very thought that people will freeze all over the EU next winter. In one of the topics, I posted an infographic that shows that the underground gas storage in the EU member states is being filled at a quite satisfactory pace and that there will be enough gas, especially if the announcements that the winter will not be too cold are true.


https://agsi.gie.eu/


I would not brag about your military planes, which until today have not managed to dominate the sky above Ukraine, and therefore I think that it is just ordinary propaganda that Russia is powerful. The story that the sanctions failed serves the short-term propaganda of the Russian government, and everyone should know that sanctions cannot create the desired effects so quickly. It will take at least a few years for that to happen, and even if they don't succeed completely, at least we will be on the right side of history.

Interesting, I didn't know. Thank you.


Did it occur to you that in the same way as "it won't be easy, but Russia will cope", also EU will cope? Of course, it will not be easy, as it's a harsh awakening.
But, as a friend of mine use to say, every kick in the ass produce another step forward. EU may do now (sadly under pressure) some moves they should have done from the first place.
Right now, let's face it, it's a situation both sides are losing similarly and both sides can, similarly, evolve.

And who promised that it would be easy? There are problems with airplanes, cars, microelectronics, software - they are serious and need to be addressed. Of course, Russia will cope with these challenges one way or another. But that won't stop the Russians from watching the impressive spectacle of EU energy suicide. Any sane person understands that it is impossible to replace the falling volumes of energy supplies either this winter, or even next. And with the planes, we'll come up with something, don't even hesitate. If a country is capable of developing sixth-generation fighters, it will somehow figure it out with passenger airliners.

They import it from other countries that are manufacturing those "really important things" and haven't placed Russia under sanctions.
Or buy it through a third party
Or do what Iran did and become self reliant... As the country with the most number of sanctions against us we have a saying that sanctions are an excellent opportunity. Basically anything that is sanctioned is manufactured domestically and with high quality. And that's a lot of things from medicine field to agriculture.

They are somewhat traced when they find their way into the black market!

Not actually. Of course EU can buy somewhere else. Latvia for instance swear not to buy Russian gas with ruble. After just a moment, they realize they'd be  fucked if they won't and so they have to buy ruble to buy gas.  

The narrative is just not working which is same for the narrative today that China's economy will crash in 30 days a.k.a Sept 11 as they were doing their military exercises.


Of course there is money in war.
Weapons and Money sent to Ukraine to help them can not be traced.

There is money in war? How?
Russia was actually used to stop a full takeover of your World. It's just a pity people don't know the kind of sacrifice they make for the the rest of mankind...which is part of the reasons she is greatly rewarded with both wealth and power to rule the world for about 2 and half years. By the way, Russia loves Ukrainians more than those who pretend to help her fight Russia. Russia currently have the highest number of Ukrainian refugees and she has given the people alot of things for their survival.

You'll be surprised how many people support Russia even in Kiev. This may be proven in the future.

This is all temporary, while the old supply routes are being torn and energy suppliers for Europe are changing. The effect of sanctions in this area will be, but a little later. European countries have already refused to supply Russian coal, by the end of the year they will refuse oil, and then the turn will come to gas. In other sectors, the effect of sanctions is more obvious. Russia will have time to thank Europe for the sanctions. So far, indeed, some countries may abuse the partial chaos and hype in the energy market, but over time, everything will work out. That's when difficult times will come for Russia. The main thing is that Russia is losing the well-established European market forever.

Don't believe everything that western media tells you. India's internal demand of oil is so high that they import 90% of their oil demand from various countries. India sure did import oil from Russia, but never sold them to anyone. A country only sells something which is not absorbed by their internal demand. India is clearly not in a position to sell oil.

Read the official statement - https://www.thehindu.com/news/national/india-is-not-a-conduit-for-russian-oil-sales-jaishankar/article65491475.ece

Hope it helps!

I'm curious what will the "friendly countries" do about really important things there are very few companies produce them and they've put Russia onto sanctions list.
It's easy to mock the exit of "sparkling water", but I've read not long ago about increasing problems caused by the lack of components for airplanes. The news tell that the industry has started cannibalizing some of the already broken planes to obtain components for the rest. Of course, this cannot work for long term.

I am not saying that the sanctions are not felt at all, because this is not true. About a thousand Western companies left the Russian market, and this cost them hundreds of billions of dollars in direct losses (but this also negatively affects Russia's GDP figures). Is this a problem for Russia? Is. But this is not a dramatic problem and it is also an opportunity. When the market is freed, there is a free place on it for internal development or for substitution by imports from friendly countries. And most of the companies that left simply lost the market and money, like Coca-Cola. Or do you really think that without sparkling water, the quality of life of Russians will worsen? Western sanctions in 2022 did not cause serious damage to Russia, because the West had already imposed all the really critical sanctions against Russia in 2014 after the annexation of Crimea, and Russia has completely learned to live under sanctions. But Europe did not learn any lessons after 2014 and did not take care of its energy security, for which it is now paying.

There's money in a war and most probably, some countries are taking advantage of the situation where the EU countries have no other choice but to deal with a higher prices especially when India resell the Russian Oil at a most expensive price. Russia will not go into this war if they didn't make any study with this one, for sure they have a lot of plans and will continue the war until they feel the big impact of their action. Maybe this is good for Russia in terms of profit, but in general they kill a lot of innocent people and we will always remember that above anything.

I have never doubted the fact that Russia is currently performing beyond expectations because it was given to her by the CREATOR through his servant who is currently on this forum. I'm impressed with Ethiopia too as she currently faces similar situation.

Anywhere the one who blesses Russia or Ethiopia says is blessed is blessed.

But I thought sanctions are not doing a thing, now a 5% drop and further going down acceptable?
It crashed 7.8% during Covid with everything closed and now doing just fine with, just looking above, hundreds of billions in extra income but is going down by 4.9%?

I don't get it, simple I can't, how does this work? You get an extra 30% income from your work but when you come back home you suddenly owe money?  
This must be one economical miracle, or again the devil is in details, the export balance is so high up and the GDP is going down maybe because everything that was made in Russia was dependent on imports, so without imports which have crashed to zero, there is no production, only ladas without airbags and stabilizing aircraft for spare parts.
When you don't even have potatoes so serve at your local McPutin something really fishy must be happening in Mordor.


Yeah, but the only resemblance here is that the guy who kept saying this died in season 1, what was the name of that episode, Baelor or Himars?