Comments by "peabase" (@peabase) on "Russia's wartime economy: Resilient or on the edge of collapse? • FRANCE 24 English" video.

  1. Yeah, let's try to divert attention. Cute emojis, BTW. Do let your inner child out.
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  2.  @freedomm  Russia can't replace its erstwhile European customers. Russia knows it, too, but they prefer not to tell you bots.
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  3. Yet Putin very much wants to get rid of the sanctions. You'll get a clue if it comes to peace negotiations and lifting the sanctions becomes of paramount importance.
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  4. Russia has struggled to reach Portugal's GDP per capita, which was a promise Putin made in 1999, upon becoming president. He picked Portugal because it tailed the then-EU. It remains a distant dream.
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  5.  @freedomm  Yours is a coper's truth.
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  6. Deficit spending, as in Russia making up for insufficient tax revenue (despite raising taxes) with generous helpings from its national wealth fund. Russia would very much like to borrow money from international lenders instead, but the lenders are anticipating that Russia would only default on its debt, like it did in 1989 and in 2022.
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  7. Russia's economy will never recover to pre-war levels. Gazprom is a shadow of its former self. The oil price will only drop, and with Russia's high production cost, Russia will eventually drop out, too, and leave oil exploitation to the likes of Saudi Arabia, which has the lowest production cost.
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  8.  @markbrown5611  Come on, Russia has plundered its national wealth fund to keep going. Its liquid assets are nearly gone. Russia has unwisely "invested" the money in weapons, which literally have gone up in smoke in Ukraine. Given their poor battlefield performance, no one will order them going forward. That's another goose that laid the golden eggs gone belly up.
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  9. Russia's national wealth fund is what keeps Russia going. The coffers are getting empty.
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  10. Russia didn't free Europe. It either reoccupied Eastern Europe or installed puppet regimes there.
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  11. The Stone Age humans inhabiting present-day Russia, too, must've felt very happy about the vast mineral riches under their feet. And about the "bigest [sic] land mass", give it time and there will be just Muscovy left. I personally know Kaliningradians, who can't fathom why they're economically backward while their neighbours to the north and the south are increasingly affluent. Russia's separatists will seize their chance when the Russian Federation, too, collapses, like the two empires that went before it.
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  12. Russia is a gas station masquerading as a country. Putin foolishly alienated Russia's best customers, so now it can flog some oil at a substantial rebate to some far-off customers, while its means of the transport, Russia's shadow fleet, is shrinking -- or should I say sinking? You call that rock solid?
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  13. Yeah, Russia's "growth" comes from its war economy, which is fuelled by its fast-depleting national wealth fund. If and when there's peace, Putin has a lot of explaining to do about why the economic hardship only worsens. He had better make his escape to his dacha in Inner Mongolia, or it'll be a cell in The Hague.
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  14. It's both, sport. Did you think they were mutually exclusive concepts?
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  15. What about whataboutism?
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