Russian Economy - Briefly Slowed - Now Recovering With Gusto
However, against expectations, Russia's economy is starting to recover. With an increase in the performance of domestic companies, rising prices for imports and a devaluation of the ruble, Russia's economy has kickstarted itself.
The Russian stock market is one of the best-performing markets this year. According to reports, roughly 78% of Russian companies on the MICEX index have shown more revenue growth in the most recent quarter than their global peers.
The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
Not to mention that the Russian economy's difficulties were due to the oil price crash instigated by the Saudis, and had precisely diddly squat to do with the Empire's toothless sanctions.
saxitoxin wrote:yeah, that was true in August, now ...
Russian Economy - Briefly Slowed - Now Recovering With Gusto
However, against expectations, Russia's economy is starting to recover. With an increase in the performance of domestic companies, rising prices for imports and a devaluation of the ruble, Russia's economy has kickstarted itself.
The Russian stock market is one of the best-performing markets this year. According to reports, roughly 78% of Russian companies on the MICEX index have shown more revenue growth in the most recent quarter than their global peers.
The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
The World Bank says otherwise. Russian economy will shrink by 3.8% during the fiscal year of 2015-2016
saxitoxin wrote:yeah, that was true in August, now ...
Russian Economy - Briefly Slowed - Now Recovering With Gusto
However, against expectations, Russia's economy is starting to recover. With an increase in the performance of domestic companies, rising prices for imports and a devaluation of the ruble, Russia's economy has kickstarted itself.
The Russian stock market is one of the best-performing markets this year. According to reports, roughly 78% of Russian companies on the MICEX index have shown more revenue growth in the most recent quarter than their global peers.
The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
The World Bank says otherwise. Russian economy will shrink by 3.8% during the fiscal year of 2015-2016
LOL - the U.S. economy shrank by nearly 1% in just Q1 according to the U.S. Commerce Department's own press release. You are totally clueless. Time to make Aliyah so you can start collecting welfare checks from American taxpayers, Bernard.
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
saxitoxin wrote:The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Russians wont lose on a long run, they should have done this long time ago... Currently Russia is shifting its main markets towards Asia instead of Europe. Looks logically, the dead horses in Europe have around 0% growth on average without signs of change in sight, while Russians new partners in Asia make 6% growth per year when they have "crisis".
Sorry mrswdk but having 6.9% growth per year is very horrible for your country, judging from Bernie Sanders posts, although I doubt he had seen growth bigger then 6% in his entire life.
saxitoxin wrote:The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Russians wont lose on a long run, they should have done this long time ago... Currently Russia is shifting its main markets towards Asia instead of Europe. Looks logically, the dead horses in Europe have around 0% growth on average without signs of change in sight, while Russians new partners in Asia make 6% growth per year when they have "crisis".
Sorry mrswdk but having 6.9% growth per year is very horrible for your country, judging from Bernie Sanders posts, although I doubt he had seen growth bigger then 6% in his entire life.
The U.S. is in a pretty desperate situation. They're in a vice. They can depress the price of oil which causes Chinese growth and Russian retraction, or they can stabilize the price of oil which causes Russian growth and Chinese retraction. The choice for the U.S. is if they wanna take it in the front (Atlantic) or the back (Pacific). But either way they're gonna get it. Time for the U.S. to just lay down and try to enjoy it.
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
saxitoxin wrote:The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Russians wont lose on a long run, they should have done this long time ago... Currently Russia is shifting its main markets towards Asia instead of Europe. Looks logically, the dead horses in Europe have around 0% growth on average without signs of change in sight, while Russians new partners in Asia make 6% growth per year when they have "crisis".
Sorry mrswdk but having 6.9% growth per year is very horrible for your country, judging from Bernie Sanders posts, although I doubt he had seen growth bigger then 6% in his entire life.
The reason why the Chinese dump all their excess currency in America, is because we have thee most stable economy in the world. Not to mention the corrupt Chinese and Russian economic models are falling apart.
Last edited by Bernie Sanders on Fri Oct 23, 2015 6:25 pm, edited 1 time in total.
saxitoxin wrote:The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Russians wont lose on a long run, they should have done this long time ago... Currently Russia is shifting its main markets towards Asia instead of Europe. Looks logically, the dead horses in Europe have around 0% growth on average without signs of change in sight, while Russians new partners in Asia make 6% growth per year when they have "crisis".
Sorry mrswdk but having 6.9% growth per year is very horrible for your country, judging from Bernie Sanders posts, although I doubt he had seen growth bigger then 6% in his entire life.
The U.S. is in a pretty desperate situation. They're in a vice. They can depress the price of oil which causes Chinese growth and Russian retraction, or they can stabilize the price of oil which causes Russian growth and Chinese retraction. The choice for the U.S. is if they wanna take it in the front (Atlantic) or the back (Pacific). But either way they're gonna get it. Time for the U.S. to just lay down and try to enjoy it.
Ha-ha-ha, rewriting history and writing your hilarious fiction stories of how great Russia and China is and how the U.S. is going to fall apart economically. You are one entertaining guy!
saxitoxin wrote:The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Russians wont lose on a long run, they should have done this long time ago... Currently Russia is shifting its main markets towards Asia instead of Europe. Looks logically, the dead horses in Europe have around 0% growth on average without signs of change in sight, while Russians new partners in Asia make 6% growth per year when they have "crisis".
Sorry mrswdk but having 6.9% growth per year is very horrible for your country, judging from Bernie Sanders posts, although I doubt he had seen growth bigger then 6% in his entire life.
The U.S. is in a pretty desperate situation. They're in a vice. They can depress the price of oil which causes Chinese growth and Russian retraction, or they can stabilize the price of oil which causes Russian growth and Chinese retraction. The choice for the U.S. is if they wanna take it in the front (Atlantic) or the back (Pacific). But either way they're gonna get it. Time for the U.S. to just lay down and try to enjoy it.
Ha-ha-ha, rewriting history and writing your hilarious fiction stories of how great Russia and China is and how the U.S. is going to fall apart economically. You are one entertaining guy!
saxitoxin wrote:The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Russians wont lose on a long run, they should have done this long time ago... Currently Russia is shifting its main markets towards Asia instead of Europe. Looks logically, the dead horses in Europe have around 0% growth on average without signs of change in sight, while Russians new partners in Asia make 6% growth per year when they have "crisis".
Sorry mrswdk but having 6.9% growth per year is very horrible for your country, judging from Bernie Sanders posts, although I doubt he had seen growth bigger then 6% in his entire life.
The reason why the Chinese dump all their excess currency in America, is because we have thee most stable economy in the world. Not to mention the corrupt Chinese and Russian economic models are falling apart.
Your knowledge of macroeconomics sounds like you learned it from an episode of This American Life. It's really quite amusing, though I know you don't understand why.
Anyway, enough of that silliness.
DEBKA reports advance units of the Organization of the Oppressed on Earth have now entered the Israeli-occupied Golan Heights under Russian air cover and aided by the distraction created by the Anti-Apartheid Revolt in Jerusalem ...
saxitoxin wrote:The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Russians wont lose on a long run, they should have done this long time ago... Currently Russia is shifting its main markets towards Asia instead of Europe. Looks logically, the dead horses in Europe have around 0% growth on average without signs of change in sight, while Russians new partners in Asia make 6% growth per year when they have "crisis".
Sorry mrswdk but having 6.9% growth per year is very horrible for your country, judging from Bernie Sanders posts, although I doubt he had seen growth bigger then 6% in his entire life.
The reason why the Chinese dump all their excess currency in America, is because we have thee most stable economy in the world. Not to mention the corrupt Chinese and Russian economic models are falling apart.
Your knowledge of macroeconomics sounds like you learned it from an episode of This American Life. It's really quite amusing, though I know you don't understand why.
Anyway, enough of that silliness.
DEBKA reports advance units of the Organization of the Oppressed on Earth have now entered the Israeli-occupied Golan Heights under Russian air cover and aided by the distraction created by the Anti-Apartheid Revolt in Jerusalem ...
saxitoxin wrote:The prob for the West is, now that it's separated and detached itself from the international system, the Russian economy will recover siloed from the West and fully entrenched within the BRICS. Meaning the last round has just been fired from the sanctions gun and there's no ammunition left. And it only was powerful enough to slow Russia for 6 months.
Russians wont lose on a long run, they should have done this long time ago... Currently Russia is shifting its main markets towards Asia instead of Europe. Looks logically, the dead horses in Europe have around 0% growth on average without signs of change in sight, while Russians new partners in Asia make 6% growth per year when they have "crisis".
Sorry mrswdk but having 6.9% growth per year is very horrible for your country, judging from Bernie Sanders posts, although I doubt he had seen growth bigger then 6% in his entire life.
The reason why the Chinese dump all their excess currency in America, is because we have thee most stable economy in the world. Not to mention the corrupt Chinese and Russian economic models are falling apart.
China has more then 7% growth rate every year for 2 decades, percentages that you cant not even imagine for your country. Russia also has considerable growth rate since Putin is on power, indeed western sanctions and Saudi playing with oil prices have negative influence on Russian economy but not as negative as you hope But Saidis might end up the victims of their own moves. Saudi Arabia could be bankrupt by 2020 – IMF
Gold is the most stable in the world... and both Russia and China use their excess US dollars to convert it into gold.
The times are changing, Russia is already openly opposing US and its a question of time when China will do the same. So you better get use to defeats since you gonna have them, a lot
Yeah, but Bernie just read a blogspot blog article about the devaluation of the Chinese stock market and now knows everything he needs to know to confidently predict the upcoming implosion of the Chinese economy.
mrswdk wrote:Yeah, but Bernie just read a blogspot blog article about the devaluation of the Chinese stock market and now knows everything he needs to know to confidently predict the upcoming implosion of the Chinese economy.
Chinese just devalued their currency AGAIN.
They have fudged their numbers to make it seem their economy is not in bad shape. The Communist Party is scared about unemployed millions getting pissed off in their major cities. This may cause major unrest, that they have not seen since 1989.
He found history blog from the cold war... He is stuck in that time frame
Bernie Sanders wrote:
mrswdk wrote:Yeah, but Bernie just read a blogspot blog article about the devaluation of the Chinese stock market and now knows everything he needs to know to confidently predict the upcoming implosion of the Chinese economy.
Chinese just devalued their currency AGAIN.
They have fudged their numbers to make it seem their economy is not in bad shape. The Communist Party is scared about unemployed millions getting pissed off in their major cities. This may cause major unrest, that they have not seen since 1989.
Euro dropped 2% today, Chinese reacted, simple market logic.
Chinese buy Chinese food, they drive cars made in China, they use electronics made in China, everything in Chinese currency. Sometimes Chinese like to travel but since China devalued its currency its more expensive to travel to US but they can chose Russia instead since Russia also recently devalued its currency. Chinese people are still happy, they have done everything they liked, Russia got new tourists, US lost the tourists but hey, Bernie is "happy" that US has its overvalued currency
He found history blog from the cold war... He is stuck in that time frame
Bernie Sanders wrote:
mrswdk wrote:Yeah, but Bernie just read a blogspot blog article about the devaluation of the Chinese stock market and now knows everything he needs to know to confidently predict the upcoming implosion of the Chinese economy.
Chinese just devalued their currency AGAIN.
They have fudged their numbers to make it seem their economy is not in bad shape. The Communist Party is scared about unemployed millions getting pissed off in their major cities. This may cause major unrest, that they have not seen since 1989.
Euro dropped 2% today, Chinese reacted, simple market logic.
Chinese buy Chinese food, they drive cars made in China, they use electronics made in China, everything in Chinese currency. Sometimes Chinese like to travel but since China devalued its currency its more expensive to travel to US but they can chose Russia instead since Russia also recently devalued its currency. Chinese people are still happy, they have done everything they liked, Russia got new tourists, US lost the tourists but hey, Bernie is "happy" that US has its overvalued currency
Chinese buy Chinese food, really? Guess all that grain we sell to China must of came from China originally, huh? They buy coal from foreign sources, includes oil, natural gas, iron ore and they also steal other nation's technology. Yes, China is completely self-sufficient.
China will, including Russia will suffer from fast rising inflation, due to their currency devaluations.
Everybody says this, everybody says that. It doesn't matter. Our economic system will never work. To much in unfunded liabilities for this system to work. High speed frequency trading fucking over the average investor. Fractional Reserve banking without having a gold standard since 1971. IMF,World Bank, International Investment Bank, International Centre for Settlement of Investment Disputes, International Bank for Reconstruction and Development and Centralized Banking works for the few. Centralization is key. Cash is irrelevant and credit is currently the normal. Everything will be computerized and physical currency will be obsolete. Does it really matter how the economic system goes down or how it will be in the future? Gold is not actually recognized by central banks as legal currency. Silver went out in the 1890s.
warmonger1981 wrote:Everybody says this, everybody says that. It doesn't matter. Our economic system will never work. To much in unfunded liabilities for this system to work. High speed frequency trading fucking over the average investor. Fractional Reserve banking without having a gold standard since 1971. IMF,World Bank, International Investment Bank, International Centre for Settlement of Investment Disputes, International Bank for Reconstruction and Development and Centralized Banking works for the few. Centralization is key. Cash is irrelevant and credit is currently the normal. Everything will be computerized and physical currency will be obsolete. Does it really matter how the economic system goes down or how it will be in the future? Gold is not actually recognized by central banks as legal currency. Silver went out in the 1890s.
Having gold or any precious metal would be unstable. You would have to set gold at a set price like the U.S. did prior to dropping the gold standard. I believe gold was set at $35.00 per ounce.
Did some research for gold prices before and after the gold standard was dropped.
Yes but gold has no monetary value. It's valued as a precious metal like silver. Supply and demand. A head banker came out and said gold is at a 5000 year bubble. Meaning its worthless and cash/currency is not wanted by major banks. We're going to credit weather you like it or not. People will not be able to control their own money.
People need to understand. Gold, and to a lesser degree Silver, is more of an insurance than it is an investment. It's an insurance against an economic fiasco.
Though, considering all commodities are at a low right now, it does seem like a good time to invest in precious metals for the same reason why it might be interesting to invest in oil, gas, uranium, copper, etc.
waauw wrote:People need to understand. Gold, and to a lesser degree Silver, is more of an insurance than it is an investment. It's an insurance against an economic fiasco.
Though, considering all commodities are at a low right now, it does seem like a good time to invest in precious metals for the same reason why it might be interesting to invest in oil, gas, uranium, copper, etc.
Gold comes handy during crisis... And both China and Russia are preparing for crisis(I wonder why )
Back on the front lines in Syria... Looks like al-Nusra Front, al-Qaeda affiliate in Syria, lost its leader today. Syrian army from the ground, Russians from the air and "moderate" Syrian opposition is losing leader after leader. Syrian Army Kills Jabhat al-Nusra Leader