Russian Economy General News: #9

There is no conceivable way for a yellow power to take over a white power. It never happened and will never happen 
This cooperation is risk free, ask every white who has spent some time in SE Asia. Even if you through 1 billion Chinese in Siberia, in one generation all will be Russian.. sort of at least 

@Hannibal - good summary of Stalin , we lik eof not people and times have changed


@MikeTT and @GB

I'd say there are always 2 sides of the coin. Sanctions really hurt to some degree economy but wont kill it. Instead are working as a vaccine to adapt to live in different conditions.
The worst US nightmare is Russian scintific and raw material's potential. Why? actually Russia is self sufficient for food or resources. And can build high tech weapons to reach USA.

Has to me enough (although close to lower boundary ) population to become an independent pole in multipolar world.



This below is not because I like Kurdin but here he is useful if he is right: govt needs to feel "pressure" of real news. Instead of living in the world of " eternal progress"

The Accounting Chamber estimated the growth of real incomes of Russians in 2018 at the level of 0-0.4%

In addition, according to the Accounts Chamber, inflation was higher than the October official forecast and amounted to 4.2%.

https://tass.ru/ekonomika/5971556




Interesting, CEBIT opens filial in Russia. This again shows that in reality Russia and Germany (andcFrance) have more in common interests than problems.

World experts to discuss IT technologies at CEBIT Russia in Skolkovo June 25-27, 2019

The organizers have changed the format of the event to hold it in mid-summer. This will allow for holding some events outdoors
MOSCOW, January 1. /TASS/. Russian and international experts will discuss information and telecommunication technologies at one of the world’s largest international exhibitions CEBIT Russia, which the technopark Skolkovo will host on June 25-27, 2019, the Skolkovo Foundation’s press-service said.

The organizers have changed the format of the event to hold it in mid-summer. This will allow for holding some events outdoors," the news release says.

CEBIT is one of the world’s oldest and largest telecommunications exhibitions. Originally the company Deutsche Messe AG held it in Hannover each spring. Several years ago a number of CEBIT’s industry-related theme sections were integrated with the world’s largest industrial exhibition Hannover Messe.

"Against the backdrop of great demand for CEBIT themes in the emerging markets the brand is bound to meet with growing support in Russia. The existing sections - the exhibition platform and business program - will be complemented by a special site for informal meetings between visitors to and participants in CEBIT Russia," the news release runs.

The Skolkovo technopark’s CEO Renat Batyrov said the CEBIT brand would help the Russian event serve as another link of cooperation with foreign partners.

"Our joint project with the technopark Skolkovo - CEBIT Russia - has good chances to become one of the leading IT events, because at the moment our team can focus entirely on preparations for the Moscow debut. Partnership with Skolkovo is opening up vast growth opportunities for CEBIT as a brand," the news release quotes Deutsche Messe board member Andreas Gruchow as saying.

More:
http://tass.com/economy/1038753

Hannibal Barca wrote: Even if you through 1 billion Chinese in Siberia, in one generation all will be Russian.. sort of at least 

a Chinese can sell you his mother. But only if price is good

Real growth of Russian incomes isn't 0.4%. it was much higher than that.  Job of accounts chamber isn't what he is doing and he must be fired because he isn't concentrating on what his job is.

Real income growth was around 4%

https://tradingeconomics.com/russia/wage-growth

higurashihougi wrote:

Khruschyov's "legacy" didn't stop inside USSR. He destroyed the unity of the Socialist Bloc and broke the back of European Communists. He sabotaged Marxist ideas and created chaos in governmental positions. Yet he claimed that under his regime the USSR advanced to communism already... what a joke.

what proves that Ukrops are not destined to be rulers

miketheterrible wrote: Real income growth was around 4%

if so sure, but what if trading economics is wrong? we'd need to know what is algorithm for counting salary growth was used by both sides. I hope Kudrin is wrong. Lest see and wait.
BTW as for stats -the top guy of Rosstat was fired recently, for "wrong methodology of providing results".

GunshipDemocracy wrote:

miketheterrible wrote: Real income growth was around 4%

if so sure, but what if trading economics is wrong? we'd need to know what is algorithm for counting salary growth was used by both sides. I hope Kudrin is wrong. Lest see and wait.
BTW as for stats -the top guy of Rosstat was fired recently, for "wrong methodology of providing results".

And this fucking asshole is accounts chamber, no one else. He won't be the one with that detail. Rosstat says otherwise. Even if their head was fired.

So instead of providing baseless % why not provide full numbers so real economists, not fifth column scum who run and cry to US after being fired.

Only retards believe his stupid shit. And if Putin does, so is Putin a retard.  Kudrin proved to us he is a US stooge and a failed economist to boot

BTW, I searched up on rosstat about proclaimed firing and one article that was critical of Russia said he was fired, and another said he was dismissed upon request. So one claims firing and adds how rosstat was controvercial (to whom? Liberalism's) and another saying he was dismissed upon request with no tabloid.

lol CNBC was the source.

Kimppis wrote:To sum-up that opinion piece:

- Russia is not sovereign

- Russia has no "national idea"

- Russia should NOT prioritize (non-commodity) exports, it's a continent in itself, not a small country

- The Soviet Union was good. Stalin's industrialization was very good. The Soviet education system was the best in the world

Not quite, he states Russia would lose it's soverignty if they move to the Digital economy of things. Which I am lost in how that would be. But I agree with his motion about the education system.

I'd say there are always 2 sides of the coin. Sanctions really hurt to some degree economy but wont kill it.

Ironically the easy way would have been to ignore Russias growth and "independent government" until it was more integrated into western systems and international systems so that when they started the anti Russia campaign it was too interlinked to survive on its own and would feel more compelled to bend on certain issues.

But we are talking about Russians... Leningrad... Stalingrad... should we ignore history?

They seem to enjoy the self sacrifice to resist external aggression... they are very skilled at it... but by pushing them away the west has inflicted pain on the Russian economy... it could have been booming with all those resources and intelligent educated people... but instead of shallow western riches where a small percentage of the population benefit while the majority have to continue slaving to get by, they now have independence... the Russian alternatives might not be amazing but they will be cheaper and available when western stuff is not.

An easy life where everything is at your fingertips does not create good stock when things turn bad...

miketheterrible wrote:BTW, I searched up on rosstat about proclaimed firing and one article that was critical of Russia said he was fired, and another said he was dismissed upon request. So one claims firing and adds how rosstat was controvercial (to whom? Liberalism's) and another saying he was dismissed upon request with no tabloid.

lol CNBC was the source.

Not, really Ria , rg, tass are govt soruces. AFAIK Siulianov and Oreskhin were critical to Rosstat, that's for sure. Oreskhin is Putins man BTW. For what real reason idk? Personal problems? too good or too bad stats? or just own man is needed now? or to do some unpopular reforms then fire?

Ekhm "own request" c'mon, Tillerson also resigned on "own request" ?

https://ria.ru/20181224/1548583910.html
https://tass.ru/ekonomika/5948111


https://rg.ru/2018/12/24/pavel-malkov-naznachen-glavoj-rosstata.html

After Rosstat returned to the Ministry of Economic Development, its head, Maxim Oreshkin, spoke of plans to reform the state statistics. In the first comment in the position of head of Rosstat, Pavel Malkov said that the reform would affect the methods of collecting information, systematizing the plan of statistical work, eliminating unnecessary and duplicate data, taking into account in official statistics data from alternative sources and replacing traditional forms of collecting information. Also, according to him, the reporting system needs to be reformed, the All-Russian Population Census, planned for 2020, requires new approaches.

The reform should fit into the creation of the National Data Management System, which is dealt with by the Ministry of Communications and the Ministry of Economic Development.


Rosstat needs to update the team and methods of work, said First Deputy Prime Minister, Minister of Finance Anton Siluanov, at the request of journalists to comment on the appointment. "Rosstat is the most important agency that uses outdated technologies and the oldest tools," he said.

“We need to ensure communication with the tax service, which has all the information about retail sales,” Siluanov said. “Rosstat still considers it manually ... Literally, Rosstat employees come with a mobile phone, take pictures of how much this or that product costs, send it to Rosstat “They are manually driven in and counted there.”

Siluanov also called the "terrible" quality of calculation of real incomes of the population (according to Rosstat, they have been declining since 2014). As this indicator is considered, "probably only Rosstat knows," said the first deputy prime minister.

GarryB wrote:

I'd say there are always 2 sides of the coin. Sanctions really hurt to some degree economy but wont kill it.

Ironically the easy way would have been to ignore Russias growth and "independent government" until it was more integrated into western systems and international systems so that when they started the anti Russia campaign it was too interlinked to survive on its own and would feel more compelled to bend on certain issues.

true, even better would be to let Russia be "independent" and support liberal wings in more intelligent way then no need for sanctions and aggression. But problems triggered fasict coup in Ukraine. Looks like Yankees anted to push Russia too early Im not sure if they much believed in Crimea return to homeland? Still in march 2014 I saw links to us govt sites about tenders for "social infrastructure" for naval bases in Sevastopol unless those were hacked sites and provided to Russian forums

But we are talking about Russians... Leningrad... Stalingrad... should we ignore history?

why not? Poles in XVIIc, Swedes, Frecnch, USA/Uk n 1920 and Germans in 1941 did

They seem to enjoy the self sacrifice to resist external aggression...

not enjoying at all but understanding consequences of non sacrificing. Self social preservation instinct over individual one IMHO.

An easy life where everything is at your fingertips does not create good stock when things turn bad...

Санкции Запада заставили Россию "включить мозги". VV Putin 20 Dec 2018 press conference

"western sanctions forced Russia to "switch brains on"

miketheterrible wrote:
Not quite, he states Russia would lose it's soverignty if they move to the Digital economy of things. Which I am lost in how that would be.

IMHO he assumes that new tech rules can be set only externally. Bit is can be right only if Russia has no own hi tech development. Autarky is not a good solution.

But I agree with his motion about the education system.

and more precisely what?

Regarding real income growth, I think the Russian government did forecast a growth of around 3% for the year. Considering that GDP growth has not really been below estimates, I wouldn't look to much into it. I guess it has something to do with higher inflation in any case, obviously? But the point is that real income growth is an indicator that is very... "unstable" in year-over-year comparisons, I don't think the long-term trends have changed.

When it comes to Rosstat, I remember reading the Finnish Wikipedia article on it quite recently. It had one source, which was clearly the only reason for the page's existence. I mean, the whole Finnish Wikipedia seems relatively dead, and there's no reason to write about Rosstat in Finnish in the first place, as long as you can't use it in some ridiculous anti-Russian hit piece.

So the source was an article from Finland's number 1 newspapers, which suggested that the evil Putin had recently ended the "independence" of Rosstat and that it was no longer reliable. It was from around 2015, if I remember correctly. No joke. That's not a ridiculous conspiracy theory or anything. Kremlinology at its finest.

I haven't read anything about that from any other publication, but I'd imagine they more or less copy-pasted it from 1. Anglo MSM and/or 2. from some pro-Western liberal sources in Russian. But is there any truth to that? Of course not, absolutely none. It makes no sense, and those statistics have not gotten any more "suspicious" as a result of some organizational change... if that happened at all. But yeah, great Russia coverage, keep it up!

EDIT:

After Rosstat returned to the Ministry of Economic Development.

Only read this comment afterwards. OK, so that's what happened. I do wonder is that even different from many other countries? Probably not. But to "our" media, it was just Putler's next dictatorial move. What else, right?

One major issue that the Russian government does, that gives ammo to the liberalists is that they are neither clear in their objectives nor are they on the same page.

Putin states ~20T to be spent in 6 years for the national projects. Yet, only 5.6T will be spent in next 3 years.

So that means three years after, they will need to spend a little under 15T other maybe more, on meeting the deadline. In this case, there is a good amount of Ammo the Russian government is giving the liberals in their anti Russian government armory.

Then there is the claims of 15T of private investment for the national projects? Do I read that correctly? I am not sure.

So the whole thing becomes confusing. To add to it, it makes Putin and his government look severely incompetent if they cannot even agree on what was signed and planned, long before project starts.

Arrow wrote:

Putin is a very weak politician.

Thanks for the laughs!!

There wasnt a democratic President, from a regional/ globall superpower(in the last 20 years) half as ``strong`` as the one Russia as the lucky to have!
The majoraty of the world would happly Change they president/prime minister for him. I know i would without a doubt.


...There is always someone that appears on the forum pretending to make serious questions...provoking....whishful thinking....childish posts...

A psychologist, a psichoterapeute, or a psichiatre could very easily demonstrate that those behaviours are nothing more than defence mechanisms to avoid the pain of the reality they try to ''forget''. Projecting your fear and weakness on the other.

Russia’s Central Bank Is Buying up so Much Gold Its Huge Mines Can No Longer Keep Up

https://russia-insider.com/en/russias-central-bank-buying-so-much-gold-its-huge-mines-can-no-longer-keep/ri25788

Bank of Russia has been financing the expansion of Russian gold mining but even this is no longer enough -- for the first time Russia is having to source some of its gold from abroad...

Alright, now this is how you build monetary system.

Also, this would explain why Russia seems to be so interested in Venezuela and Central African Republic all of a sudden.

It was bit confusing at first, Russia doesn't really need oil from Venezuela and CAR is hardly top real estate (no coast) but gold in both places puts the whole thing in new and very logical context.

There is no conceivable way for a yellow power to take over a white power. It never happened and will never happen

Hahahahaha... and that is what the Brits in Burma thought as they were led away to Jap POW camps in the early 1940s... the French and Brits would have been screwed if the Japs had left the Americans alone... or had actually invaded Hawaii...

Still in march 2014 I saw links to us govt sites about tenders for "social infrastructure" for naval bases in Sevastopol lol1 lol1 lol1 unless those were hacked sites and provided to Russian forums

I think there were a lot of NATO members and Ukrainian members working hard to kick Russia out of Sevastopol and to get NATO forces in there... which made the final result all the sweeter... they are the dog crossing a bridge that sees its own reflection in the water and it wants that bone too... and ends up with neither...

why not? Poles in XVIIc, Swedes, Frecnch, USA/Uk n 1920 and Germans in 1941 did

The level of arrogance... we know what happened before but we wont make the same mistakes... which was actually true... they generally made all new mistakes...

Actually I have read a few things about the US invasion of Russia in the 1920s and it is funny as hell, because the guy they sent in to lead it was a military man and not a politician or criminal... he had orders to be neutral, and he was...much to the disgust of his superiors who wanted him to take advantage of his position and influence the fight in the direction they wanted it to take.... hahahahha...

Rule No. 1 for western "journalists": you can never loose by inventing "news" about Russia.

In fact invent some poor Syrian kid that evil Assad and nasty Putin are hurting and you could get to be included in the person of the year for Time magazine... even if you fake your own death and point the blame at the Russians only to reappear later in good health...

Putin is a very weak politician.

If he was then the western media would love him and worship the ground he walks floats over...

The level of hate from the west suggests he is not only a good, but a great leader...

Makes me wonder about Ivan the Terrible... if the west thought he was terrible... terrible for whom?

Thanks for the laughs!!

I would say in all honesty that most democracies around the world today that most people vote against parties they don't want in rather than support a party to win... and with that being the case I suspect if Putin were eligible to run in western elections... and was as pro the local country he was running for as he is pro Russian... he would probably win, by a decent margin... but what is critical... once he had done the job for one term the votes he got for the second term would be almost double...

Where is oil price going anyway? I think around $65 by end of 2019?

miketheterrible wrote:One major issue that the Russian government does, that gives ammo to the liberalists is that they are neither clear in their objectives nor are they on the same page.

Putin states ~20T to be spent in 6 years for the national projects. Yet, only 5.6T will be spent in next 3 years.

So that means three years after, they will need to spend a little under 15T other maybe more, on meeting the deadline.  In this case, there is a good amount of Ammo the Russian government is giving the liberals in their anti Russian government armory.

Then there is the claims of 15T of private investment for the national projects? Do I read that correctly?  I am not sure.

So the whole thing becomes confusing. To add to it, it makes Putin and his government look severely incompetent if they cannot even agree on what was signed and planned, long before project starts.

Exactly I was wondering the same , Putin said he will be spending an astronomical 28 Trillion Rouble in next 6 years , Around 21 trillion on National Project and 6-7 on Infra project 

http://en.kremlin.ru/events/president/news/58894

Allow me to remind you that within six years, about 28 trillion rubles will be channeled into national projects from all sources. This is an astronomical figure for us today.


However, we have long worked on consolidating these resources – those of the state, the regions, and business. They must be put to use within the country and for its development, become a stimulus for the national economy, industry, science and education.

Question:
Where is 28 trillion going to come from ? Thats huge money 
If they spend 5.6 trilion in 3 years how can they spend huge money in the next 3 ?
I have yet to see any calculations which says where the money is going to come from and how they will spend it