Russia and economic war by the west

You two are very correct.

Local businesses may be able take advantage of this and start something more healthy - like home cooked style food.

BTW, Regular, Pub food is awesome for most part. Dont knock it!

ALAMO wrote:

miketheterrible wrote:Wonder if Rusburger will replace McDonalds like in Crimea. As for KFC, I do recall seeing domestic fried chicken places. I mean, shit isn't rocket science.

How it goes?
If all McDonalds, Coca&Cola, Pornhub etc will get out of Russia, they might became the most physically&mentally fit society in the whole world!

Kadyrov already commented on this,

"Listen, it seems that every day news becomes better and more positive!"

This is something I find kind of funny. Seriously.
The whole "sanction" agenda it being created by the people living n a totally different sphere.
And as sphere, I mean everything. Physical, mental, spiritual, wealth, education, world knowledge ...
Folks from the US cant imagine a regular life having no McDonalds, or any other fast food crap chain in 3 min reach.
While people in Russia give a shit about it.
I remember the first round of sanctions back there in 2014, and one of the things that really made me lought back there.
Ze Wezt had a real problem with understanding, that a vegetable sanctions won't work, because they know shit about the vegetable production shares among the Russian society.
Why they know the shit about it?
Well, because to know it, they would need to understand the fact, that functionally more than half of Russian families, own a dacha.
How to understand and explain to yourself, that not only the society are owners of not only the appartaments/homes they live in, but more than half of them have an ADDITIONAL suburban property owned?
What the f'ck? How those bloody Russkies can OWN, while they are so POOR?!?
So denying the ownership at the first place, they could not understand that those dachas produces approx. 30% of the country wide vegetable supply.
And those bloody Russkies preserve all of that in jars, rather than throw away to garbage while spoiled.
A whole Autumn is a harvest&preservation fiesta for any Slav who keeps his roots, all over the Central/Estern Europe.
How can you hit them with vegetable sanctions, you pedosociohypsteropats?!?
It is end of the world for you, that you can't get your soya milk latte with vanilla powder, mixed with the dick by the Santa Claus himself.
No tomato from Turkey for a month ?
Gee ... babushkas needs to grab the second out of 20 lines of jars with tomato pulp they have there, preserved&stored ...

Precision strike. Some comments suggest this was planned by the russian government.

With prices of oil, gas&commodities, they will swim in cash.
And I would be worried about inflation rather than anything else.
Still, they can tunnel that extra cash into new mineral extracting facilities, that will give a leverage, again.

Hole wrote:
Precision strike. Some comments suggest this was planned by the russian government.

Mind you, they can always nationalize the CBR and utilize capital and exchange controls if they want to stop the inflation. However the West is cutting off it's nose to spite it's face. Devaluing the Ruble (in a targeted attack), and despite CAASTA, it means Russian MIC/Russian industry can produce equipment cheaper and at a higher rate, while making bigger profits all around the board. This inflation is really only a problem if your import dependent (like Turkey and Ukraine), and reliance on imports is lessening by the day in Russia.

May as well post this.
Mostly talking about the Russian economy, not so much about Tesla.

Hitachi suspends operations in Russia
https://tass.com/economy/1419495

Mitsubishi Electric stops deliveries of electronics to Russia
https://tass.com/economy/1419507

EU Has Reached Limit of Its Capabilities to Impose Financial Sanctions on Russia
https://sputniknews.com/20220310/eu-has-reached-limit-of-its-capabilities-to-impose-financial-sanctions-on-russia-borrell-says-1093740143.html

ALAMO wrote:With prices of oil, gas&commodities, they will swim in cash.
And I would be worried about inflation rather than anything else.
Still, they can tunnel that extra cash into new mineral extracting facilities, that will give a leverage, again.

Use a few extra billion to rebuild Novorossiya. Show the west how nation building is done.

Hole wrote:

ALAMO wrote:With prices of oil, gas&commodities, they will swim in cash.
And I would be worried about inflation rather than anything else.
Still, they can tunnel that extra cash into new mineral extracting facilities, that will give a leverage, again.

Use a few extra billion to rebuild Novorossiya. Show the west how nation building is done.

A few billion actually. And offer cheap resources to Novorussia which will do wonders. Also, start modernizing some of the factories obtained like the Kharkov tank plant to start upgrading older tanks for both forces.

There is lots of potential. Maybe work with the universities to build semiconductor equipment.

kvs wrote:So-called experts in Russia are predicting an 8% drop in the GDP for 2022.   They also predict a 20% inflation.   These
are fully inconsistent predictions.   Russia's GDP is going to crash four times more than in 2015 with an inflation shock
that is 5% higher?   BS.

The proper metrics of Russia's GDP will be employment and trade.   I do not see Russia shutting down its oil and gas exports.
Closing of KFC is not going to crash Russia's economy.   KFC outlets can be replaced with Russian brands in a matter of weeks.

Who cares.

We will wait to see final developments.

I dont think experts were ever correct on anything.

Western "experts" will tell us that the russian economy shrunk by X% according to their calculations and manipulated exchange rates. This will be the great victory of the west. Meanwhile the russian economy will still be the equivalent of 8 - 10 Trill. $ (in Ruble, of course).

Hole wrote:Western "experts" will tell us that the russian economy shrunk by X% according to their calculations and manipulated exchange rates. This will be the great victory of the west. Meanwhile the russian economy will still be the equivalent of 8 - 10 Trill. $ (in Ruble, of course).

Thats the thing.

They will just look at the exchange rate the Ruble and say "see, this is them collapsing!" all the while, Russians will have more reserves, more savings, more jobs, more..... you can go on.

Doesn't look like total support US is mouthing about to me. Grey abstained or voted no at UN.

Russia will no longer pay patent holders from unfriendly countries

On March 6, Russian Prime Minister Mikhail Mishustin signed an important resolution that fundamentally changes the entire international patent system. Now domestic companies are exempted from paying royalties to owners of titles of protection certifying the exclusive right to own this or that invention, registered in countries unfriendly to the Russian Federation.

The list of such states was published the day before. It included as many as 48 countries, including the USA, Great Britain, Ukraine, Japan, Australia, and others.

It is worth noting that the aforementioned percentages from the sale of products or the use of intellectual property brought serious income to foreign companies. In particular, American IT giants received fabulous profits from the sale of their products in our territory.

However, starting March 6, Russia will no longer pay patent holders from unfriendly countries. But that's not all.

In case of further economic pressure on our country, the government may give permission to copy, imitate and reproduce any Western inventions and technologies. Then, Russian patents will be assigned to such inventions.

Finally, it is worth adding that the United States once took this path. The States essentially raised their industry at the expense of British inventions, the patents for which were “zeroed out”, and the technologies were copied and appropriated by American companies.

https://finobzor.ru/115919-rossija-bolshe-ne-budet-platit-patentoobladateljam-iz-nedruzhestvennyh-stran.html?utm_source=topwar.ru

Hole wrote:Western "experts" will tell us that the russian economy shrunk by X% according to their calculations and manipulated exchange rates. This will be the great victory of the west. Meanwhile the russian economy will still be the equivalent of 8 - 10 Trill. $ (in Ruble, of course).

The Russian economy is going to tank hard one way or the other

Tons of lost jobs if these Western companies really do leave. We've already seen huge emigration of IT specialists and various people over the last couple of weeks. Then the lost export orders to Europe, and probably many other countries. Inability to import key parts in supply chains. The airlines are going to have to make do with grounded planes. The rouble has lost 50% of its value, there's going to be a lot of inflation.

flamming_python wrote:

Hole wrote:Western "experts" will tell us that the russian economy shrunk by X% according to their calculations and manipulated exchange rates. This will be the great victory of the west. Meanwhile the russian economy will still be the equivalent of 8 - 10 Trill. $ (in Ruble, of course).

The Russian economy is going to tank hard one way or the other

Tons of lost jobs if these Western companies really do leave. We've already seen huge emigration of IT specialists and various people over the last couple of weeks. Then the lost export orders to Europe, and probably many other countries. Inability to import key parts in supply chains. The airlines are going to have to make do with grounded planes. The rouble has lost 50% of its value, there's going to be a lot of inflation.

That isn't how inflation works.

And those IT people will be coming back when they find out they cannot obtain medical treatment in France (which posted about this) and face discrimination in other countries. Or when there is an IT boom because, you know, those products that the westerners were selling to the morons in Russia in the first place (shouldn't have allowed foreign software development), will need to be replaced. Only idiots would flee abroad not realizing that there is now an opportunity to make mad amount of money back home. You think the western countries gave that software for free to Russia? Lol, for being programmers, they are fucking retarded. Russia paid shit tons of money for it.

In the end, Russia will adjust.  Tank hard is questionable.  Russia is still selling the main export anyway and with Ruble drop, it will gain a lot more anyway.  Plus they are signing new agreements with everyone outside.

Yeah, it will be a hit.  But one that they will adjust and recover from in at least a year or two.  They just have to keep at it.  Russia has done magnificent over the years because of sanctions and this is just another opportunity.  And its worth it for its sovereignty.

https://rostec.ru/news/sergey-chemezov-sanktsii-dali-nam-shans-na-sobstvennoe-razvitie/

Sergey Chemezov: "Sanctions gave us a chance for our own development"

Last Saturday, Rostec CEO Sergey Chemezov met with employees of the State Corporation at its head office in Moscow. The topic of the meeting was sanctions and the company's work in new conditions

According to Sergey Chemezov, the restrictions imposed on our country require us to adjust the work of the State Corporation in order to successfully solve the tasks facing it. In particular, the focus will shift to the production of goods and services that the country needs right now. "We have made a serious re-equipment of our industry, a deep modernization was carried out, new modern machines were purchased. This gives us the opportunity to successfully fulfill the state defense order, and it is quite a big one, almost 40% of the total volume of state defense orders is carried out at our enterprises. Therefore, we must do everything possible to ensure the defense capability of our army and our state. We will review the Corporation's goals and objectives, and focus on the most essential goods and services that are vital today, " the head of Rostec emphasized.

At the same time, the social obligations facing the State Corporation today must also be fulfilled, Sergey Chemezov is sure: "All managers are obliged to meet all the social tasks that the management faced in relation to their employees. Wages will always be paid, and everything that was previously promised by us will be fulfilled."

Separately, Sergey Chemezov touched upon the topic of Novikombank, the main bank of the State Corporation. "I want to assure you that the bank is in perfect order, financially stable. Large reserves have been created, which exceed the volumes that are stored on the bank's deposits, " he explained.

Looking at the situation as a whole, Sergey Chemezov noted that although the sanctions are quite serious, the restrictions imposed can be considered as an incentive to replace imports, and in recent years the State Corporation has already made serious steps in this direction. "All the time, Russia has been fighting various sanctions, enemies that surrounded it, and has always emerged victorious. I think that this will be done now as well. Since 2014, the sanctions that were announced have given us a chance to develop on our own. Look at what we've already done today. Much of what was previously purchased abroad is produced here, " the head of Rostec emphasized.