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eu_cons
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Russia: How long until the economy cracks?
02/08/15 at 14:01:23
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http://money.cnn.com/2015/02/08/news/economy/russia-economy/index.html?iid=Lead

Good! Can someone tell me how can one nation be so stupid that builds almost whole economy just on export of oil and gas?
  

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oldcoot
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Re: Russia: How long until the economy cracks?
Reply #1 - 02/08/15 at 14:28:38
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Yeah---Russia.   Grin
Let's face it, Putin gambled that his oil prices would remain high.  The dive in prices has even confounded westerners.

There are some signs prices are beginning to inch back up, hence the adjustments in prices at the gasoline pumps here.
It's a slow rise, though, so not sure higher prices will arrive in time to help Putin.



  

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Re: Russia: How long until the economy cracks?
Reply #2 - 02/08/15 at 14:36:26
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As things get more desperate, Putin will double down and start more military agression to rally the people. Putin is still very popular in Russia. There was a businessman on FOX Business this morning that has extensive experience in Russia and says that Putin will not back down on his military adventures and might be eying the Baltic states next. Meanwhile, the pantie waist el-Bama dawdles about helping to arm Ukraine.
  

"A free people ought not only be armed and disciplined, but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them which would include our government." George Washington "Nobody ever went broke underestimating the intelligence of the American public.' H. L. Mencken "Common sense is not so common." Voltaire
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Re: Russia: How long until the economy cracks?
Reply #3 - 02/08/15 at 15:22:39
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oldcoot wrote on 02/08/15 at 14:28:38:
Yeah---Russia.   Grin
Let's face it, Putin gambled that his oil prices would remain high.  The dive in prices has even confounded westerners.

There are some signs prices are beginning to inch back up, hence the adjustments in prices at the gasoline pumps here.
It's a slow rise, though, so not sure higher prices will arrive in time to help Putin.





I'm not so sure oil prices will be as high as before. But of course we'll see what is going to happen.
  

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Re: Russia: How long until the economy cracks?
Reply #4 - 02/08/15 at 15:29:04
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eu_cons wrote on 02/08/15 at 15:22:39:
I'm not so sure oil prices will be as high as before. But of course we'll see what is going to happen.

Boycotts are also hurting the Russian people. Russia has to import a lot of its food and many other consumer goods. Russia still has a third would economy and must import much of what it uses and has nothing to sell the world other than oil. Even is prices of oil go up, the boycotts will still hurt the people.
  

"A free people ought not only be armed and disciplined, but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them which would include our government." George Washington "Nobody ever went broke underestimating the intelligence of the American public.' H. L. Mencken "Common sense is not so common." Voltaire
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eu_cons
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Re: Russia: How long until the economy cracks?
Reply #5 - 02/08/15 at 15:29:32
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andy144 wrote on 02/08/15 at 14:36:26:
As things get more desperate, Putin will double down and start more military agression to rally the people. Putin is still very popular in Russia. There was a businessman on FOX Business this morning that has extensive experience in Russia and says that Putin will not back down on his military adventures and might be eying the Baltic states next. Meanwhile, the pantie waist el-Bama dawdles about helping to arm Ukraine.


I think Ukrainians deserve military help. But one thing is clear. They have 2 bad options to choose.

1. They can let Russians to annex part of Ukraine where Russians are in majority to Russia.

2. They can live together with them in Ukraine which as we see will be very hard.


  

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Re: Russia: How long until the economy cracks?
Reply #6 - 02/08/15 at 15:34:55
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andy144 wrote on 02/08/15 at 15:29:04:
Boycotts are also hurting the Russian people. Russia has to import a lot of its food and many other consumer goods. Russia still has a third would economy and must import much of what it uses and has nothing to sell the world other than oil. Even is prices of oil go up, the boycotts will still hurt the people.


I'm not surprised. With that collective agriculture and Kolkhozes they completelly fuc* up production of food.

Farms has to be privately owned every child knows that.
  

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Re: Russia: How long until the economy cracks?
Reply #7 - 02/08/15 at 16:32:16
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oldcoot wrote on 02/08/15 at 14:28:38:
Yeah---Russia.   Grin
Let's face it, Putin gambled that his oil prices would remain high.  The dive in prices has even confounded westerners.

There are some signs prices are beginning to inch back up, hence the adjustments in prices at the gasoline pumps here.
It's a slow rise, though, so not sure higher prices will arrive in time to help Putin.




Well Oblamer and his American Unions will help the best they can by Striking to get the world prices up just in time for Summer travel.
  

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Re: Russia: How long until the economy cracks?
Reply #8 - 02/08/15 at 16:59:46
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eu_cons wrote on 02/08/15 at 15:29:32:
I think Ukrainians deserve military help. But one thing is clear. They have 2 bad options to choose.

1. They can let Russians to annex part of Ukraine where Russians are in majority to Russia.

2. They can live together with them in Ukraine which as we see will be very hard.



1. is not an option
2. let them go back to russia if they want to be russians
  

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Re: Russia: How long until the economy cracks?
Reply #9 - 02/08/15 at 17:20:21
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countzero wrote on 02/08/15 at 16:59:46:
1. is not an option
2. let them go back to russia if they want to be russians


I'd choose 1st option. Russians will never leave. And if they choose 2nd option they will have war for god knows how many years and country will be completely destroyed. But that's just my opinion I don't live there. Two large nations can't live together in one state.
  

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