The Demolition of Russia's Economy

Discussion in 'Politics' started by gwb-trading, Mar 4, 2022.

  1. kashirin

    kashirin

    West is not backed by anyone. Vast majority of countries refused to support sanctions.
    So whatever you wish Russia is not rogue state at all
    There is no such thing as international laws.
    What USA say is Russia violates some rule based system. With rules obviously created and twisted by the USA.
     
    #751     Jun 4, 2022
  2. Bugenhagen

    Bugenhagen

    download.jpeg
     
    #752     Jun 4, 2022
  3. virtusa

    virtusa

    In Russia it is indeed business as usual. Things are still normal:

     
    #753     Jun 5, 2022
    TreeFrogTrader likes this.
  4. terr

    terr

    Soon - no internal airline travel. Very reduced internal railroad traffic. No vehicles being produced in Russia. Tank production has stopped. No electronics smaller than 130nm can be produced domestically and anything more sophisticated cannot be imported. Most major software companies have withdrawn their business from Russia. GDP is going to contract 12% and inflation is at 20%+ and growing. Oil sales are expected to drop 20% in 2022. Western equipment in all industries cannot be maintained for lack of spare parts.

    Yes, Russian economy is doing great.
     
    #754     Jun 6, 2022
  5. gwb-trading

    gwb-trading

    Rush to order your new car today...




    Fred-car.jpg
     
    #755     Jun 6, 2022
    SunTrader, Bugenhagen and virtusa like this.
  6. terr

    terr

    Sanctions - no inks to print anything on the packaging anymore.

    Result

    upload_2022-6-6_11-27-15.png
     
    #756     Jun 6, 2022
  7. UsualName

    UsualName

    You eat with your eyes and that’s depressing.
     
    #757     Jun 6, 2022
  8. Tsing Tao

    Tsing Tao

    Thank you.
     
    #758     Jun 6, 2022
  9. gwb-trading

    gwb-trading

     
    #759     Jun 7, 2022
  10. SunTrader

    SunTrader

    Was away for 4 days so maybe this was mentioned previously:

    OPEC+
    To the many reverberations from Russia’s invasion of Ukraine, another might be an early end to the Organization of Petroleum Exporting Countries and allies’ oil supply pact. The 23-nation alliance, led by Saudi Arabia and Russia, is due to finish restoring production halted during the pandemic by the end of September. The Wall Street Journal reported on Tuesday that OPEC is contemplating suspending Russia from the coalition’s quota system, as sanctions prevent Moscow from increasing output. The Saudis and the United Arab Emirates might fill the resulting supply gap, the WSJ said.
     
    #760     Jun 7, 2022
    virtusa likes this.