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Go Back   Armchair General and HistoryNet >> The Best Forums in History > Current Events > Russia, Central Asia, and The Caucasus

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Russia, Central Asia, and The Caucasus Post-Soviet Russia and some neglected smaller neighbors.

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  #46  
Old 16 Sep 16, 14:23
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Denials will run out along with cash, in 2017. In 2017 the cash surplus runs out and Putin will be forced to go after the Welfare fund.

The Welfare Fund has $80 billion in cash and it contains the pensions for Putin's geriatric pensioners. I guess the geriatrics can be sacrificed and thrown into the garbage so Putin can finance the next stealth bomber.

This is sensational stuff and I will watch with interest.

Russian friends I will check with you again in 2017 and we'll have this conversation again. You will report to me on the state of the Russian economy.

http://money.cnn.com/2016/09/16/news...Latest+News%29
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  #47  
Old 17 Sep 16, 04:11
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Here's not-so-rosy view of the present state of the Russian, economy, albeit from a source not inclined to be positive anyway:

Quote:
Putin ‘Solves’ Russia’s Economic Mess with Lies, False Statistics, and Ban on Bankers Going Abroad.

Given Russia’s economic problems, Vladimir Putin has adopted a three-pronged strategy to “solve” them, including the issuance of false statistics (ng.ru/economics/2016-09-12/1_dolg.html), lies about the situation combined with expressions of concern (regnum.ru/news/economy/2177330.html), and calls to prevent bankers from leaving the country (rufabula.com/news/2016/09/13/bankers). And his aides have been forced to concede that one bright spot no longer is quite so bright: Russia may not be able to earn as much from the sales of grain abroad because of falling prices and problems with the quality of Russian grains (vedomosti.ru/business/articles/2016/09/12/656520-chast-urozhaya-propast).
http://windowoneurasia2.blogspot.se/...ussian_16.html

Some food for thought, or the subject of stern denuncition, I suppose...
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  #48  
Old 17 Sep 16, 04:29
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Quote:
Originally Posted by Johan Banér View Post
Here's not-so-rosy view of the present state of the Russian, economy, albeit from a source not inclined to be positive anyway:
The article is obviously a piece of propagandism. Worth to note that nobody here in fact offered a rosy view, rebutting ultra-apocalyptic views and false stats is a different things.
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  #49  
Old 17 Sep 16, 04:34
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Zero inflation was registered in Russia in several successive weeks:
http://tass.ru/ekonomika/3621614
Officials from the Central Bank and Ministry of Finance correct prognosis of inflation in 2016, it is expected that annual inflation wouldn't exceed 5.5-6%:
http://www.rosbalt.ru/business/2016/09/16/1550822.html
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  #50  
Old 17 Sep 16, 14:38
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Quote:
Originally Posted by Artyom_A View Post
The article is obviously a piece of propagandism. Worth to note that nobody here in fact offered a rosy view, rebutting ultra-apocalyptic views and false stats is a different things.
Well, your tag says you are in Moscow, how are things there, on the street?
Maybe you can make a Vid and post it up somewhere (some part of the city we haven't seen a million times would be nice) or something else to let us know what's going on at the ground level over there.

I'd even e happy if things were going well over there, for a change.
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  #51  
Old 17 Sep 16, 16:20
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Originally Posted by The Exorcist View Post
Well, your tag says you are in Moscow, how are things there, on the street?
Bad. 8 °C and wet. You can have and idea how my usual bike route looks like in summer weather from these videos:
https://www.youtube.com/watch?v=XN3OAE5tSJc
https://www.youtube.com/watch?v=cHfJL0tO3-0
Not sure they would tell much about economy though.
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  #52  
Old 17 Sep 16, 23:37
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Originally Posted by The Exorcist View Post
Well, your tag says you are in Moscow, how are things there, on the street?
Better than anywhere else in Russia should be the expectation.
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  #53  
Old 17 Sep 16, 23:39
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Originally Posted by Artyom_A View Post
The article is obviously a piece of propagandism. Worth to note that nobody here in fact offered a rosy view, rebutting ultra-apocalyptic views and false stats is a different things.
Rosstat has been one of the bright spots about the actual transparency of today's Russia for years.

The way things have been going of late, it's credibility is flagging. To much cooking of the books by the Russian government.
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  #54  
Old 18 Sep 16, 01:19
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Originally Posted by Johan Banér View Post
Better than anywhere else in Russia should be the expectation.
I've had enough of bad news this year, the world is generally going to crap.

I'd like to hear some good news for a change ... but maybe asking a Russian for that kind of thing is a waste of time, even when it is about their own country.
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Last edited by The Exorcist; 18 Sep 16 at 17:10..
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  #55  
Old 18 Sep 16, 03:22
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Originally Posted by Johan Banér View Post
The way things have been going of late, it's credibility is flagging. To much cooking of the books by the Russian government.
Well, show me a credible and trustworthy source that recorded a 40% decrease in Russian GDP in 2 or 3 last years and I will start to take this rant seriously. Now it seems to be just an exercise in conspiracy theories.
Generally speaking the story you can get from economic indicators is unequivocal: Russian economy has went through the worst part of the crisis, now the question is when growth will be resumed and how fast.

Last edited by Artyom_A; 18 Sep 16 at 06:43..
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  #56  
Old 19 Sep 16, 23:25
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Zero inflation was registered in Russia in several successive weeks:
http://tass.ru/ekonomika/3621614
Is that not a bad sign?
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  #57  
Old 20 Sep 16, 06:14
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Is that not a bad sign?
Considering it's down from double digits, it should be a relief.
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  #58  
Old 20 Sep 16, 06:23
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I've only read the last page of this thread but here's News Week's take on Russia's economy.
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  #59  
Old 20 Sep 16, 07:11
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He took Russian economy GDP estimate in roubles at some arbitrary point in time, took the value at the moment, and then expressed both values by denominating them in $ or €. There is your 40% drop. And the economics 101 fallacy of "Russia=Italy".

Sad!
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  #60  
Old 20 Sep 16, 09:09
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Quote:
Originally Posted by Tuebor View Post
Is that not a bad sign?
Slowdown of inflation rate? Mostly positive, of course.
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