Russian Economy General News: #11

kvs wrote:

miketheterrible wrote:It was thought up of much earlier (30's) but surveyers didn't complete in 1974.  Guess that is where I made a mistake.

Sorry if I sound harsh, it is hard to convey sentiment via email and board posts.

There were Stalinist projects that never got completed because the technological and industrial level were not that high and
the demand was not there.   In particular this project:

https://en.wikipedia.org/wiki/Northern_Latitudinal_Railway

The project is massive considering that it is going through permafrost.   They can't just put down some gravel and rails.

im aware, I just wasnt aware though that surveying took that long. But hey, at least its complete and that is what matters.

What are the chances that ASEAN signs a free trade with RCEP?


A decent article how President took out the greedy assholes.

"It was during the purge of oligarchs and vulture capitalists that the true power behind Mikhail Khodorkovsky emerged. When it became likely he would be arrested, he arranged to have all his shares from the Yukos Oil Company transferred to the ownership of Jacob Rothschild. The transfer took place in November of 2003, giving Lord Rothschild control of shares estimated by the Sunday Times to be worth $13.5 billion. Putin subsequently liquidated and nationalized Yukos by seizing and selling off its shares to state oil companies at much below market value.

So Putin has declared war on the most powerful people on the planet."




https://thesaker.is/putin-expels-the-families/

par far wrote:What are the chances that ASEAN signs a free trade with RCEP?

Just signed, early this week.
But it will take a while to get into effect due to the rectification process of each parties.

https://asean.org/asean-hits-historic-milestone-signing-rcep/

zepia wrote:

par far wrote:What are the chances that ASEAN signs a free trade with RCEP?

Just signed, early this week.
But it will take a while to get into effect due to the rectification process of each parties.

https://asean.org/asean-hits-historic-milestone-signing-rcep/

Sorry I meant to say EAEU.

Will the EAEU sign a free trade agreement with RCEP?

Free trade is an American imperial fetish. The concept is stupid since it allows large foreign companies with economies of
scale to suppress competitors in other countries. America loves to have this top dog staying on top forever regime. Russia
and most countries do not need it. So import controls need to exist and allow co-development instead of domination.

par far wrote:

zepia wrote:

par far wrote:What are the chances that ASEAN signs a free trade with RCEP?

Just signed, early this week.
But it will take a while to get into effect due to the rectification process of each parties.

https://asean.org/asean-hits-historic-milestone-signing-rcep/

Sorry I meant to say EAEU.

Will the EAEU sign a free trade agreement with RCEP?

Well, the RCEP itself takes 8 years to negotiate, The draft comes with some caveat for smaller countries like Laos or Cambodia to make them not end up in severely disadvantage position, Even then India still decide to pull off in last minutes for not beneficial enough.
Free trade deal between EAEU and all RCEP partners will be even more tedious negotiation, if ever happen at all.
FTA between EAEU and some individual country seem a lot more feasible.

zepia wrote:

par far wrote:

zepia wrote:

par far wrote:What are the chances that ASEAN signs a free trade with RCEP?

Just signed, early this week.
But it will take a while to get into effect due to the rectification process of each parties.

https://asean.org/asean-hits-historic-milestone-signing-rcep/

Sorry I meant to say EAEU.

Will the EAEU sign a free trade agreement with RCEP?

Well, the RCEP itself takes 8 years to negotiate, The draft comes with some caveat for smaller countries like Laos or Cambodia to make them not end up in severely disadvantage position, Even then India still decide to pull off in last minutes for not beneficial enough.
Free trade deal between EAEU and all RCEP partners will be even more tedious negotiation, if ever happen at all.
FTA between EAEU and some individual country seem a lot more feasible.

India pulled out because Modi was sucking up to the US. Modi's Hindu fascist Nationalists will destroy that country.

Regarding Bidet and Nord Stream II, it is time for Russia to stop coddling it's western "partners" and leverage cold hard reality to the max.

1) The USA does not even have 50 bcm/year of total gas export capacity. It imports about 80 bcm/year from Canada.
So yanqui LNG is actually Qatari LNG. Russian gas exports to the EU are over 150 bcm/year.

2) Russia can gain vastly from transitioning to LNG exports instead of piped gas. Pipelines are expensive and they
bind Russia to long term contracts and expose it to blackmail from its "customers". We see this 24/7 from EU-tards
and NATzO. Russia can generate LNG with cheap nuclear power which it can deploy (do not use nuclear power
costs in NATzO for reference, they are absurd corrupt nonsense). So Russia can charge LNG rates for LNG that
does not consume 30% of the export volume to create. Qatar and nobody else will be able to beat this. Finally,
and best of all, Russia can sell its LNG to the highest bidder around the world. No more deals for enemy "customers".
Take it or leave it and life sucks for losers.

kvs wrote:Free trade is an American imperial fetish.   The concept is stupid since it allows large foreign companies with economies of
scale to suppress competitors in other countries.   America loves to have this top dog staying on top forever regime.   Russia
and most countries do not need it.   So import controls need to exist and allow co-development instead of domination.

Free trade is an Imperial British invention that America soundly rejected in the 19th century as did Germany. That is how America built its industrial base. America only became a proponent of free trade when it essentially evolved into the successor of the British Empire.

Does anyone know if the Sakhalin bridge is still on track for 2021 start?

Free trade does not exist when sanctions are imposed on Russian and Chinese companies.

Particularly clear with 5g networks where the US is behind China so claims China might be doing what everyone knows US companies are doing (ie spying on everyone) and demands they be banned.... can't beat them... sabotage.

GarryB wrote:Free trade does not exist when sanctions are imposed on Russian and Chinese companies.

Particularly clear with 5g networks where the US is behind China so claims China might be doing what everyone knows US companies are doing (ie spying on everyone) and demands they be banned.... can't beat them... sabotage.

Just like with the Japanese supercomputers from NEC back in the 1990s.   NEC was basically obliterating Cray with its superior
line of vector machines of the SX series.   So the US Congress quickly enacted protectionist laws to stop NEC imports.   This
affected Canada as well even though Canada did not impose any import restrictions.

Free trade is a scam since the US only follows the "rules" when it benefits itself.   If some foreign competitor makes inroads
based on those very same rules, then the US quickly breaks them.   Like the loser crybaby that it is, running home to mommy
with the ball.

It bans it... if it can't buy it...

How is the Dow breaking records when millions of people in Murica are jobless?

par far wrote:How is the Dow breaking records when millions of people in Murica are jobless?

Because it is a racket. The idea that the stock market is an actual metric of economic activity or vitality is absurd.

I know some professional day traders and most of the market is predictable sheep. These investors literally act
like frightened sheep and form a massive swarm. For example, they panic sell and thus break the point of
buy low and sell high. They should not be playing in this casino in the first place. The significance of this is that
such a large herd can be manipulated in various ways so you do not have any sort of stochastic character to the
stock market which would respond to impartial data. Instead you have a manipulated pile of BS where stocks
can be moved where you want them, if you have the resources. So the real big players own this racket and do
with what they want.

par far wrote:How is the Dow breaking records when millions of people in Murica are jobless?

The most important determinant of stock prices is liquidity - how much money is chasing how many shares. The normal alternative to stocks is debt. In a world of near zero or negative interest rates not much competition; hence the multiples and prices get bid higher and higher. The game of musical chairs cannot go on forever...something has to give in the end and that something will be the US dollar. It is one reason you are seeing bitcoin increase in value because (although it is certainly an imperfect assets) it has a defined finite supply. I am of the opinion that the people who control the global financial system know exactly what they are doing and the predictable outcome of their actions. The dollar will be replaced by a global cryptocurrency (not bitcoin).

Bitcoin is just as vapid as the US dollar. It is some fiat-like abstraction that is not tied to any economy. So it is like using
art works or antique cars as currency. Yeah, gold is like that too. But at the end of the day only physical economies and
energy matter.

kvs wrote:Bitcoin is just as vapid as the US dollar.   It is some fiat-like abstraction that is not tied to any economy.   So it is like using
art works or antique cars as currency.   Yeah, gold is like that too.   But at the end of the day only physical economies and
energy matter.

What I find interesting is that the Venezuelan military has now set up their own digital coin.

What a retard.  The only ones who will swallow this drivel are NATzO citizens.   Those people living in Russia without
gas and electricity only exist in his propaganda.   I have relatives living outside of Moscow and St. Petersburg.  They
are not suffering in poverty.  

Anyone who claims that the standard of living in Russia is the same as it was in 1990 and after Yeltsin's "palpable
humanitarian" rule is full bore lying.

Putin's response is a bit too weak. Bringing up the reserve accumulation is not really answering the lies of the clown.
He should highlight several times that real (inflation adjusted) incomes of Russians have increased by 10 times since
1998. Russia's GDP and the physical economy in particular are higher than they were in 1990. The liar clown makes
it sound like the super-depression in Russian under Yeltsin never happened.

This liar is pushing the same BS as Navalny. All the problems supposedly showed up after 2000 and everything was
hunky dory under Yeltsin.

Send this a...hole the videos of russian cities developing in the last 20 years we have here in one thread. But he would propably believe that they´re fraud. "Russians can´t build roads or bridges."

Even if he is consciously lying he is still a retard. He cannot make Putin look bad with such cheesy loaded questions
since Putin's test is from Russians and not from residents of NATzO. Putin has to deliver to the people that count
and not to hater clowns who only have racist caricature images of Russians.

yeah, It is rather hilarious.  I mean, there are so many examples and videos and pictures of cities, towns and even villages being upgraded.

If I was asked this question, my answer would have been:

- Well, its hard to upgrade all villages in just 20 years and only at best 10 years having any kind of money.  Especially since a huge portion of villages are dying and people are moving off to towns and cities, one has to ask what would be the purpose to modernize villages?  The method where companies are buying up the land, building mass farms and small villages of their own for employees, have worked out better - takes advantage of the land, creates work, and a modern living standard.  The others?  Well, all depends.  One has to actually give examples like names and location of areas rather than "I have seen....:"
- Out of 20 years, we have created a lot.  Not only are we re-industrializing, but we are also fixing the errors of the 90's - fixing the medical, education and overall institutions.
- Have you traveled to Omsk? Tomsk? Norilsk? How about Vladivostok or surrounding areas?  Plenty of development and modernization of living standards.
- Average Russian now makes much more than they ever have.  Plus, due to cost of living, our citizens have much higher amount of savings and along with a solid consumption rate that makes us less dependent on export and more on domestic needs.  While poverty exists, much is being done to fix it.  And there will never be able to fully fix it unless we get rid of capitalism and go back to communism where the unproductive and unwilling get to live lavish.  But that bankrupt us before.

There are plenty others, but as KVS said, he would ignore them.  Putin is right in saying to the reporter that the question was a lazy attempt of a political jab at them.  Obviously it didn't work but hey, that is what these morons (so called journalists) do.

To really jab back, I would say "We managed to build a bridge - largest in europe, for less money and less time than an airport in Germany".

This is why I think political debates by the candidates before any election are rubbish. To respond to a clown such as
this one requires some time to gather one's thoughts and facts. Only a vanishingly small number of people have details
all lined up since they do research on the subject. Putin is an administrator and you can't expect him to hit back
with optimal efficiency. So such news conferences are BS as well.

This is how lies and smear propagate. Making an accusation takes no effort but rebutting it takes a lot of effort.
The standard trick with climate change deniers is known as "Gish gallop"

https://rationalwiki.org/wiki/Gish_Gallop

Like this "reporter" clown's claim how some people live without gas and electricity near a gas pipeline. That is contextless
non-information. Lots of people live without natural gas in 3rd world conditions both on and off Canada's aboriginal reservations.
And the proximity of a pipeline is just BS. If it is trunk pipeline then you can't just attach some spigot and pipe gas to
some adjacent village. Gas requires staged branching which is bloody expensive. Some village is never going to have
such infrastructure built to service it. And there are many remote villages which have no gas service since it is simply
uneconomical. In the second largest city in Canada, Montreal, not all parts have natural gas service either.

You see how to answer one of the lie nuggets from this clown takes more time and effort than it took for this retard
to squeeze this nugget out of his ass.

Even the richest countries in the world struggle with urbanisation and the migration of young people from rural to urban areas looking for a social life and a job off the farm they grew up on...

It is not even a wealth/poverty thing, it is a social problem that bites hard when it comes to harvest times... but it is ironic in that it mimics western society where a small group of land owners need people to work their land to get the best productivity from it, but are not prepared to pay a decent wage to make their products more competitive. The result is often even their own children don't want to work for them... you get the Luke Skywalker effect...