Topic: Russia's economy is 'imploding' on export decline, economists claim - page 9. (Read 3697 times)

This Ukraine and Russia has done a terrible disaster in the world. The oil and gas prices. The destruction - the sanctions and the world involvement and then comes the regime change. 1 - Sri Lanka, 2: Pakistan and now 3: England. One the other hand ukraine had got  the donation from all over.

Boris was very vocal in his support to Ukraine and at the same time ignored problems at home. At this point, there are three frontrunners. The one who got the maximum number of votes till now is Rishi Sunak. But is UK ready for an Asian, non-Christian Prime Minister? I don't think so. Others in contention are Penny Mordaunt and Liz Truss. But I don't expect a sharp deviation in the foreign policy. But all this is just a beginning. I won't be surprised if there are further regime changes in the European Union.

That's mostly about printing money in my opinion. We suffer from the same problem, the previous administration printed so much money that it still is causing inflation even though for the past 10 months the new administration hasn't printed anything.

There is definitely a very interesting domino effect we are witnessing these days where governments fall one after the other. I'm mostly wondering about who is going to replace Boris the hairdo since he is the victim of Brexit where they thought they could exit EU to avoid the damage to UK economy while EU got weaker, then come back as the saviors.

Indeed, there are certain difficulties in Europe now due to the maximum possible rejection of Russian oil and gas at this stage. But these difficulties are temporary until the suppliers of these energy carriers change and the ways of their delivery are established. But for Russia, these difficulties will only grow with time. Russia will no longer be able to build new pipelines to the other end of the planet because of its growing economic problems. In addition, the countries of Europe, even before the imposition of sanctions against Russia, took a course towards the gradual abandonment of oil, coal and gas in general and their gradual replacement with alternative energy. Therefore, in the long run, Russia will definitely lose.

As for the sanctions themselves, Europe has already understood that if you make concessions to the aggressor, then after a certain time their countries will also be subjected to Russian military strikes. And therefore, it is better to go to temporary difficulties and destroy Russia economically than to constantly be blackmailed by her.

You need to remember that some of the warmongers have already lost their job. Boris Johnson of England has been kicked out of power. Another hawk, Emmanuel Macron of France lost his parliamentary majority. Mario Draghi of Italy is about to resign. I am wondering who is next. A large part of the European population is not comfortable with the idea of spending tens of billions of USD in the form of military aid to Ukraine, and that too when Russia is making slow and steady advances. That money should be better spent on combating inflation back home.

I'm curious on how long the West believes they should sanction Russia because the Euro is on the decline and is on par with USD at the moment.

The so called "economists" seem to be ignoring the other half of the sanctions which include hurting the economies of any countries who wish not to do any transactions with Russia. If the west doesn't want cheap oil in efforts to hurt the Russian economy, fine. But perhaps reevaluating how far they wish to tank their economies/currencies would be worthy of consideration.

Here in India, the local currency (Indian Rupee or INR) has gone down by around 5% during the last 12 months against US Dollar. Other local currencies in the South Asian region (PKR, SLR.etc) have gone down even more, and it is not looking good for the medium term. Trade deficit is increasing due to the soaring price of crude oil. I don't know how the Chinese are managing to keep their currency strong, but in India the weakening local currency is making inflation much worse than it should have been.

Both bold parts are wrong.
USD is dumping very hard itself, which you can clearly see if you compare it with price of goods in US (gas, diesel, groceries, rent,... are all soaring fast).

The only major thing that happened recently was EUR and GBP dumping fast (about 5%) which brought their exchange rate down against US dollar faster.


Other major currencies like CNY, RUB, JPY, WON,... still have more or less the same exchange rate against USD.

Exactly.The prices will grow even further,for the ruble they managed to stabilize it for that amount of months but lately,specifically in these last 3 weeks the dollar has exploded against every currency,it is now on par level with the EUR for the first time in 20 years and of course this has caused the ruble to fall down another 20% against the dollar.The grain exports clearly has resumed from Russia now with the new harvest but their main buyers are Egypt,Iran,Turkey,Jordan for the majority of their export and rarely we see any European country buying grain from Russia except very few forced ones.The sanctions are working,the long range weapons also in Ukraine as they are destroying a lot of depot with ammunition in the occupied territories so everything is working against Russia so far,Russia has achieved absolutely nothing positive,has only collected negatives after negatives from this war so far.

I advise you not to take hard drugs during daylight hours.

Western sanctions are not able to cause serious damage to Russia, because Russia has taken care of its food and energy security, as well as the independence of its financial system.

Can't say what sanctions on Russia has done bad to him but euro has fallen to its 20 years low against dollar and prime reason for that fall is rising energy prices in Europe. Euro hits US dollar parity for first time in 20 years. USA currency is going at its two decades high against many currencies.
Nord Stream 1, was closed for 10 days annual maintenance and its not likely that gas supply will resume on 21 July 2022.
Both Russia and EU are on same level, one wanna sell and other desperately wanna buy it.
USA to me is the biggest beneficiary of this conflict. All parties must sit and think how to resolve this issue.

Well, why are you as if not from this planet?!
Real sanctions have been introduced against Russia since March 2022. Total - only 4 months ago!
The oil embargo has not yet been introduced (starts to work from December 2022). Those. in fact, sanctions have only been introduced! If you think that sanctions act on the economy as quickly as cyanide, then no. Sanctions are much worse. It's like scorpion venom. It acts slowly but destructively. At first, everything is fine, "don't make our Iskanders laugh", it's fun, everyone laughs. Then it starts to freeze a little, a slight trembling appears... And for some reason you can't laugh... Then the budgets for social programs suddenly disappear, and the funds in the accounts of citizens begin to be blocked.... Everything starts to rise in price. And many imported goods - just disappear. Companies are closing, unemployment is rising... The economy is paralyzed - because. fees and taxes are drastically reduced. The economy begins to devour itself... Then there is a complete and irreversible degradation of the financial system. In an animal that has been bitten by a scorpion, this corresponds to paralysis, when the animal is still alive, but can no longer do anything, and simply watches how the scorpion begins to eat it alive. The fate of Russia will also end in the same way

I don't get the notion that Russia has been under sanctions for many years, therefore they can handle these sanctions. First of all, 8 years is not "many" years, especially if you take into consideration how slow economic sanctions take to full force. Second, the new sanctions are nothing like the ones before so it's not really coparable.


And just to add, I don't think any serious analyst was saying that tge sanctions won't hurt Europe as well, we all knew that, I don't get why we need to point out every week that the sanctions are also and issue for Europe. Duh.

You can read anything. But your inner state is not described by these media, but by your statements. About some ephemeral Lugansk and Donetsk republics. About some kind of salvation by Russia of someone on the territory of Ukraine. About your, if not pro-Russian (or rather pro-terrorist) position, then a completely loyal attitude towards it. Support for the country of a terrorist and the unacceptability of sanctions against it ... So hiding behind the media is not a very logical thing. But in the end, you say - and then a thick layer of any media exposes YOUR thoughts

Nobody is the winner of a nuclear war and as long as two conventional militaries face each other the result would be impossible to predict. But the thing is, if US got directly involved they won't be fighting Russia alone. Let's just say the same unconventional warfare Ukraine uses to slow down Russian forces will be used against US but by the real inventors of those strategies so it won't be to "slow down" US

It doesn't matter how much money you spend, what matters is what you spend it on. For example if you spend $220 million to build what is supposed to be the most advanced stealth aircraft but it is easily shot down with a single missile that is not worth more than a $1000 that means you have thrown away your money.
Or if you have spent $100 billion building a massive nuclear submarine that can't detect a swarm of dirt cheap stealth UUV (Unmanned Underwater Vehicles) that are going to sink it easily... then you should have spent that money on the millions of homeless in your country instead of that submarine.

"Subramaniam Jaishankar on Friday slammed Europe for being "silent on many issues" and asked it to grow out of a 'our problem is world's problem' mindset" source

I am not an Indian but believe me these white peoples who try to be champions of human rights and freedom are source of majority of worlds problem. I 100% agree with what indian foreign minister saying. They don't have courage to go and fight with Russia nor they can boycott Russian gas but they want rest of the world to boycott Russia oil and gas, its nothing but hypocrisy. Now what's more interesting is direct threat from Putin. I am sure EU will reply to this threat by asking rest of the world to boycott Russian products.

"Does the West want to defeat Russia on the battlefield? So try it, "Putin

I checked news from mainstream media and there is a lot of hue and cry claiming that India imported $5 billion worth of oil, gas and coal from Russia ever since the war started. I was quite perplexed when I read the entire article. The same article says that the EU imported $65 billion worth of hydrocarbons from Russia during the same period. And the ones who imported $65 billion worth of stuff are now blaming the guy who imported $5 billion. Can these people get anymore shameless? We Indians are not fools. If the EU has any problem with our imports, they can go and f**k themselves.

The recent US defeat in Afghanistan was extremely humiliating and severely damaged US military morale and self-confidence. Prior to this, the United States also did not particularly work out in Syria. An Iranian missile attack on military bases in Iraq in the immediate vicinity of the US consulate in early 2020 also had to be swallowed up and left without an adequate response. The US Army is in its worst state since the collapse of the USSR in 1991, when it celebrated victory in the Cold War and visibly relaxed. At the same time, the United States curtailed the development of new types of promising nuclear weapons, considering that it was enough to maintain the achieved level and everything would be fine - because the United States had already proved to everyone that they were the toughest guys in the world. But without live nuclear testing, how can you be sure that your nuclear weapons are still operational 30 years later? The report on the combat readiness of the nuclear arsenal is now being formed by a group of experts appointed by the US State Department, and who are therefore biased and obviously not objective. What if I told you that the US is now at its lowest combat capability in its history? How will you refute this statement of mine, except for the unfounded expert theses that you heard in the show on TV?

It's basically all about the nuclear war threat. I mean could EU and USA go into Ukraine and beat Russia out of there if we are talking about just the regular soldiers and tanks type of war? Of course they can, it would be simple like taking candy out of a child. Hell USA alone could, the USA airforce has the biggest air power in all of the world, you know who has the second highest? USA navy. They are that huge, and they have bigger military spending then like 20+ next biggest combined.

So, no matter whatever nationalistic bs anyone talks about, USA army (I am not even American and dislike USA government as well) would win against anyone, probably against all of Europe if it had to, let alone just Russia. But nuclear weapons? That threat is a very real one, and can destroy the earth very easily with a single button.

Well nobody did anything when US and its allies that included Ukraine attacked Iraq and killed innocent people there. It didn't stop there either, they invaded Afghanistan and it didn't stop there either....
Where does it end? It will never end but it can end for weaker countries when they learn the importance of independence and then learn the meaning of resistance. How do you think the cavemen in Afghanistan won the war against the most expensive military in the world? Other countries are also being liberated as we speak.