Comments by "" (@thomasherrin6798) on "In What State Is the Russian Economy?" video.

  1.  @therambler3713  It seems you have forgot that Russia illegally and barbarically invaded Ukraine, not the other way around!?!
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  2.  @justinnashman5399  Their leader illegally invaded Ukraine, and it's not Putin committing the atrocities in Ukraine (Although he is responsible for orchestrating it) it's the poor picked on citizens of Russia you allude to!?!
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  3.  @Olodus The Russian federation does not and never had the economy to carry a large scale war in Ukraine, indeed it has lost that war, now it is a case of how much they are going to lose by. Russia was already going through a demographic crisis, losing a million emigrants and half a million or more in the war will greatly increase an already terminal problem, Russia will not be able to sustain a credible army to defend Russia, let alone wage war, this will be the last Russian War regardless of what happens in Ukraine. Ukraine has a difficult task to complete, but it has the resources to do it, it must also have the will, which in 2022 it demonstrated that it did, Russia is having a minor advance in Ukraine in 2023 but is expending a lot of its second army, it's first army has already been despatched, if Ukraine has the determination to stage a counter attack when the Russian advance is halted, it will be the end game in Ukraine, Russia will still be a bad neighbour but it's military ambitions will be quelled!?!
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  4. Energy is 40% of Russia's GDP but it used to pay the equivalent of 70% of its bills, it therefore seems incongruous that their economy is not suffering even though the energy price has increased, industry and commerce has flatlined, the food sector is feeding Russia but not much surplus in exports. It is funding an expensive war, even though it might put up its GDP, overall it's still a big cost drain. It can also be noted that the energy sector oil sanctions started in December 2022 (Crude) and February 2023 (Refined), they are up the creek without a paddle, but the E.U. centric IMF says they are doing great, Putin said so, the lazy conniving dolts!?!
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  5. Sanctions are imposed to correct a failed states wrongdoing without resorting to military conflict. Sanctions have not been applied to food, medicines and the like, only items that can aid their illegal and barbaric war effort, they can also be applied to individuals of that country and secondary sanctions applied to third party state sponsors, it is very unlikely that targeting of individuals would have any effect on their own!?!
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  6.  @TheFrmx  Iraq invaded kuwait, that was that catalyst, Afghanistan harboured terrorists, that was that catalyst, the allied forces then got bogged down in politics, and it became clear that the ruling party was unable or unwilling to fight for their country, and it was the right decision to pull out, but executed poorly!?!
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  7. When you refer to "Europe" you mostly mean Germany, France has an abundance of Nuclear (A lot was on refit unfortunately in 2022 and quite a number need to be renewed). The U.K. is building one plant at present, has approved another one and has plans for six more on existing sites for completion by 2050 generating over 25% of its electricity, also it expects wind power to majorly generate all electric power by 2030-2035, Spain and Portugal have renewables in progress especially solar, the Nordics are embracing renewables, however Germany and Italy have no plans for New Nuclear, and their renewable plans are unclear as they are depending on carbon energy at present, along with the Baltics, so it's; 2030-2035 Nordics, U.K. 2040 France, Spain/ Portugal 2050 Germany, Italy, Baltics.
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  8. Wells when closed off take years or even decades (In challenging conditions) to reopen and are never as productive!?!
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  9.  @thesimpleanswer2264  The majority of countries have been involved in wars, but Europe (Apart from Russia and Serbia) have changed their ways since the 20th century!?!
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  10. It did, broadly based all over Europe unfortunately!?!
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  11. The Kremlin made lots of assumptions prior to the invasion that were inherently wrong, they have made further serious errors in carrying out their invasion, and as long as Ukraine retains the will to fight, which seems evident at present, they will prevail, Russia does not have the economy, let alone the military!?!
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  12. I'm glad Russia is doing fine without the Wider West, I think we would like it to stay that way, once it is booted out of Ukraine that is!?!
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  13. Keep on watching Russian TV comrade, that is the alternative Universe, watch out for those Russian killing mosquitos!?!
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  14.  @АлександрМартыненко-п9г  Russia cannot go printing money as they don't have the capital markets to sell it to, it just devalues the currency which is only traded in Russia. Russia's industrial sector has reduced considerably so they are not very good at producing goods for domestic consumption, as most Russian planes are held together by spare parts and it's in an armed conflict, I can't see many tourists turning up, they might get conscripted, most are just leaving!?!
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  15. The deficit in December 2022 was 48 billion U.S. alone when the crude oil price cap was applied!?!
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  16. Russia's military exports are halted during the war, so no overseas capital, and their military equipment is most probably going to get downgraded due to poor performance!?!
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  17. You're also demonetized so no problem, that's the aim!?!
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  18. India is buying more crude oil from Russia but at about a third off, below the price cap and China buys oil (and gas at the rate of about a quarter of European supplies, with Hungary and others having the other quarter) most probably at a third off also below the price cap, Europe buys most of the refined oil which Russia has said it wouldn't sell at the cap price, if it doesn't a third of that trade is lost, if it does it's a third off, i.e. Russia's most profitable market is effectively giving a third off all its oil products, and lost half of it's gas market!?!
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  19. Let's have a look, Russia's GDP is half of the U.K.'s, with twice the number of people and seventy times the land, if the U.K. ran Russia it would be the Number 1 economy not 20th!?!
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  20.  @CattyRayheart  Yes exactly, I don't think that everything can be stopped going into or out of Russia, it's just in uneconomical numbers and at great cost, also they are being scammed on some imports where the "manufacturer's" warranty is void, especially from you know who!?!
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  21.  @ihmpall  The problems in Europe's Energy Market was not caused by Brexit or the U.K. my remoaner frenemy, it was caused by Mainland Europe's stupid dependence on Russian Energy which affected all European Markets but the U.K.'s in particular being reliant on gas at present, however in 2030-2035 we will generate all our electricity by renewables and be independent in that regard also, however Germany has a more tortuous path!?!
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  22.  @АлександрМартыненко-п9г  Russia is asking for too high a price for those resources, not economically but ethically, they are already trying to make Europe a wasteland, one country at a time, these resources are available elsewhere from more reliable partners, but they will take time and a little more money to develop, but they will be developed have no doubt, Russia's economy will be less, but there is always your friends China, I'm sure they will give you a discounted sum for them!?!
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  23.  @bouilu7519  In Russia nobody cares about the economy until the bills stop getting paid, i.e. pensions, wages, food and medicine imports etc., that is when Russia collapses. Being from the U.K. it's funny how Russia refers to us as a little island as if we are inferior to them, when our 70 million turn out double the GDP of their 140 million, not half, so perhaps economics is not their strong point, or common sense as they wouldn't have started a war in the first place!?!
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  24. The aid the U.S. Sends to Ukraine is less than a dollar a day so it is unlikely to be a big drain on resources, it is less than 0.7% of GDP, unfortunately it is other commitments that are causing a drain on resources, of which you should spend more time evaluating before commenting!?!
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  25. The new illegally annexed territories are mostly already what they occupied and 5% more of heavy industrial areas which had been substantially subsidised by Ukraine as they made little money, it is a land bridge to Crimea they are settling for, but hopefully Ukraine will push them out!?!
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  26. Yes and his feet are paddling like hell!?!
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  27. The Ukrainian parliamentarians do not possess large yachts, homes on various continents or palaces, so the Number 1 World corrupt country must lie with the people who do, the ones next door beginning with a "R" gives you a clue, Ukraine is not exempt from corruption, but at least it does something about it, in Russia you are promoted. Europe and the U.S. are two different entities, they are combined as one however in the face of Russia's illegal and barbaric invasion of Ukraine, look to Belarus if you want a patsy, and even Lukasenko? is giving Putin the run around!?!
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  28. The sanctions to their energy market were only applied partially in December 2022, by the end of 2023 they will be spent out, and nobody will bail them out!?!
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  29. It's a fallacy that Russia's GDP will shrink less than the U.K.'s in 2023, it beggars belief that the IMF are so incompetent that they take Russia's figures without question, it's like they are unlikely to lie when the truth lies at the opposite end of the equation, it gives Putin a minor propaganda victory when none is deserved, their economy will decline for decades!?!
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  30. Yes exactly, they are the ones who started the calamitous war, they are still under the impression that they are not going to lose, but they already have!?!
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  31. They will get a corresponding visit from the U.S. flat earth society!?!
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  32. It's a minor recession, nothing to get worked up about, Russia will have a major reduction however!?!
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  33. Russia has a different strategy to the Soviet Union. Putin has a finger in every pie and a one for you two for me and my cronies business plan!?!
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  34.  @gags730  Russia is unlikely to make more profit on energy by giving bigger discounts, losing large swathes of its market and increasing its transporting times and cost, regardless of it's revenues, but lower revenues will lead to bigger problems!?!
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  35. Let's look at the facts; Is the UK funding an expensive war; No, only less than 10 billion on defense to Ukraine 2022, most probably the same in 2023, unlike Russia who are losing 110 billion in 2023! Is the U.K. banned from International Commerce - No, unlike Russia's! Has the U.K.'s Industrial Production Reduced by 70% - No, unlike Russia's which has seen a 40 billion reduction for 2022, and the same most probably for 2023. Has the U.K.'s Energy Sector Suffered - Yes Initially in 2022 due to Mainland Europe dependence on Russian Energy and the scramble for same, but the effects and prices are set to reduce in 2023 by a significant amount as markets return to near normal. Meanwhile Russia has lost its most profitable market and is subject to price caps, they are forecast to lose 100 billion a year! Has the U.K. Reduced its Infrastructure Development - No, unlike Russia which has slashed its budget! Has the U.K. submitted incorrect G.D.P. Projections - No, unlike Russia which has a history of falsification on Government data and all aspects of the State! In conclusion it is very difficult to justify the IMF report, if it is wildly inaccurate the culprits should lose their position!?!
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  36.  @joeblack5393  In a decade it is forecast that the U.K. will be the biggest economy in Europe, Russia will take decades to get back to where they were in January 2022!?!
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  37. As bad as Liz Truss was she was replaced, quite quickly. However something seismic has to happen to topple Putin, and he has brought Russia to its knees, it may even be terminal, the U.K. economy is twice that of Russia with half the people and it's 70 times smaller!?!
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  38. .....and after all this their economy is forecast to expand by the IMF, must be taking the Rouble!?!
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  39. They are feeling it, they are not telling us they are just papering over the cracks with a load of bluster!?!
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  40.  @coalhouse_walkerjnr4735  The U.K. hardly crashed the European Energy Market, that was the E.U. Mainland being dependent on Russian Energy and when it was stopped the scramble for gas increased the prices considerably, it disproportionately affected the U.K. as we are reliant on gas at present, but this will change by 2030-2035 when our electricity generation will be by renewables.Also you should have wrote ".......and certainly does not mean success". However it is a relative drop in the ocean for Europe, but Russia's figures just don't add up, if you price cap their most profitable sector then it cannot be sustaining itself financially, as all the other sectors were subsidised by energy in peace time, so it ain't going to change now!?!
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  41. ........and technical expertise!?!
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  42. The Ruble is internationally traded in Russia so they can set any rate they like, at a high rate it is just reducing its FX reserves however, it is unlikely to trade in the open market anytime soon!?!
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  43.  @joeblack5393  It is based on available facts it's just the timing!?!
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  44. The "Russian People" are committing the atrocities in Ukraine (Orchestrated by their leader Putin), so no sympathy from me in that regard, they need to change their tune as well as their leader!?!
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  45. If you are saying that Russia is richer than the U.S. you are barking up the wrong tree, your just barking really, on every metric Russia is less than the Wider West by a wide margin!?!
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  46.  @jarls5890  If only life was that easy, Russia firing shells into Ukraine has ended it biggest and most profitable market, after a year of a reassuringly expensive war they have gained 3 to 5% more land, and it's only half time, there will be no profit in Russia from this war and will ensure its economy will decline for decades, it may even collapse, it certainly won't recover as they have a bigger demographic problem than they started with, and yet Putin is regarded as a great leader in Russia, obviously their ambitions are set very low, while Putin's knows no bounds!?!
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  47. .....but they can't win wars without an effective army!?!
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  48. North Korea is not dead, but it is not alive either, it is a zombie state, normal rules do not apply!?!
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  49. BRICS wants Saudi to join as they are the only ones with cash!?!
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  50. By pillaging!?!
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  51. Russia is extraordinarily delusional at present, it thinks that brandishing its nuclear weapons will enable it to achieve its aims, but its price is too high, militarily it isn't a threat, it is causing Ukraine grief at present unfortunately, but hopefully they can repel its advances!?!
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  52. It's citizens are carrying out genocide in Ukraine, orchestrated by its leader Putin, so I wouldn't spend my sympathy on them!?!
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  53. That is hardly likely at present, China supports North Korea because of South Korea's alliance with the U.S., Iran has enemies in the Middle East like Saudi and Israel, and has been supported by Russia, but this might not last. Sanctions are working regardless of what Russia is saying, I do expect it to be isolated from the West for quite some time regardless of the outcome of the war, but with its demographics and poor economy I don't expect too much further trouble as they will have a problem of defending themselves from the East!?!
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  54. The bills in Europe should reduce somewhat in Spring!?!
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  55. Putin's Russia is trying to emulate a failed state that crashed spectacularly and so he will crash more spectacularly, there is no wealth in Russian society only with Putin and his cronies!?!
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  56.  @maritaschweizer1117  It's a pity that the IMF didn't do that then, the last time Yale University did exactly that it concluded that the Russian economy was in a lot worse state than was actually reported by Russia, but singled out a rebuke for the IMF at its lazy overseeing, it looks like they haven't changed a bit!?!
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  57. Oil and gas can quickly blow back if not pumping continuously and is a serious issue!?!
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  58.  @владимиршарутин-з4з  It won't go to Russia, that's for sure, and the U.S. anti terrorist operation cost 2 Trillion, more than the Russian GDP size in Afghanistan!?!
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  59.  @Roon3808  Exactly, they have underestimated Putin's real plan of corruption and greed, they will not understand what awaits them, it's not the West that will bring their downfall, however they must be left to languish in their stupidity until they change their tune!?!
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  60. Not the IMF, it's just a lazy report, common sense tells you Russia is going to decline, their official figures however will not, it's a little like the C.C.P., and the IMF can't be bothered to check because it will interfere with their late lunch!?!
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  61. Russia's economy is based on a pack of lies and the truth is a distant memory, the energy market debacle, which the U.K. was caught up in but not an instigator of (Look to Mainland Europe for that) will work its way out in 2023 and increase for 2024, Russia's economy has been marked up by the IMF because if it's "War Production" as these figures are highly dubious and don't actually generate any value and will eventually lead to a debt burden, so it's nothing to have a song and dance about, it does have some propaganda value for Russia but the real world will value its economy far more harshly, it hasn't really started yet!?!
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  62. Russia is heading for decades of decline or collapse, depending on the outcome of the war!?!
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  63. Well China sold its LNG gas to Europe at a high price (For storage) in August and its Citizens were freezing in February. As long as it's below the cap price it's a bonus, but don't expect it to stay that way, prices will go through the roof in the future, it is a finite resource, Europe will be majorly free of carbon by 2030-2035, but Asia won't!?!
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  64.  @MWENDA-vv5im  The DPRK is a Zombie state, all its progress is unverifiable, I doubt if it has superior technology to the U.S., otherwise China would use it, it's world ranking in most things is bottom. Russia's economy is faltering, the IMF forecast was incorrect last year, it is inconceivable that it can have so many systemic problems and still increase its GDP by industrial capacity as that was in decline during peacetime without sanctions, it's a failed state, it's economy is half of the UK's with twice the population and 70 times the land!?!
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  65. Ukraine has to expend an amount of Russian soldiers at a higher rate than they themselves are expended, Ukraine has upwards of 5 million people who can fight, they are expending Russians at rate of three or four to one, that's 15 to 20 million Russians, I don't think it will get that high before Russia has a rethink, it should have thought about it before invading!?!
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  66.  @TheFrmx  You mean Russia of course!?!
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  67.  @containedhurricane  Go and knock yourself out!?!
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  68.  @containedhurricane  Oh no he isn't, and it's not pantomime season anymore!?!
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  69. Brazil is mired in corruption, China has a huge debt problem, Russia will have an economic problem, India is trade only, and South Africa is just going with the flow!?!
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  70. U.K. was not dependent on Russian gas, Mainland Europe and specifically E.U. countries crashed the European Market in the scramble for gas after Russia cut off their supplies, the U.K. stopped all Russian imports shortly after the invasion. The market has settled down now and as Germany will have a number of LNG terminals by Winter it is hoped that it won't repeat itself!?!
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  71. Not in the internet age, it's because their minds are closed!?!
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  72. The lazy IMF, they shouldn't believe Putin's forecast, they are in deep trouble and their economy is hardly likely to increase, it defies common sense!?!
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  73. If you believe a pack of lies spread by the Kremlin and copied and pasted by the lazy or corrupt IMF, it doesn't have any credibility, no facts, no figures!?!
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  74.  @robert100xx  The U.K. report is based on facts and figures, the U.K. has exceeded all of the recent forecasts, and while it acknowledges it may have a minor recession, it things go well, it won't go into recession at all. Russian figures however have no credibility whatsoever, all aspects of their economy is failing and their energy market, the most profitable part, has just been price capped!?!
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  75.  @robert100xx  Yes something like that they were rebuked by Yale University in 2022 over their Russian forecasts, and it looks like the same scenario in 2023!?!
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  76.  @michaeldunham3385  Russia has a manipulative view of reality!?!
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  77. No they haven't, it declined in 2022, Putin said by 2.5% but without any data to cross check it is just a pack of lies. The 2023 forecast is just another lazy IMF effort, same as last year!?!
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  78. It's short term outlook is dire, they just lie about it, why "we" believe it I don't know!?!
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  79. That is correct, the IMF is repeating Russia's lies when its biggest and most profitable sector is being hit by sanctions (From December 2022) and it has nowwhere to turn!?!
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  80. Is it going to drain the economy - Definitely!?!
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  81. As long as it's within the price cap it's fine!?!
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  82.  @hyhhy  Over half of Europe will be majorly on renewables by 2035, and all by 2050, Asia will be the only continent reliant on carbon energy from hostile suppliers!?!
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  83. Russia will say it is not publishing its data to protect its suppliers but it's not publishing any verifiable data about its economy, so the chances are it is manipulating the figures to line up with its narrative, the same sort of way it justifies its invasion strategy, by lying!?! Russia is self-sufficient in energy and food, but is exporting not as much as it did, gas is at half production, food is less, and oil will be down by half if it doesn't trade with the price cap. The industrial sector did not keep up with production in peace time, without sanctions, it is hardly likely to increase it in war time with sanctions and it's purchase of Iranian drones and North Korean munitions suggest it is not coping, but the IMF has put Russia's figures in for industry allowing them to make arms etc. for 2023 which looks more than is feasible under this regime. Also the arms and equipment count as GDP but is wasted in Ukraine, as when used the money does not generate a return so it just adds to debt. Russian tech start ups took a big dive when mobilisation occured as hundreds of Thousands of the Tekkies left for other shores, and that's without demographics. Your rosy picture of Russia just doesn't stack up, but we will see, there is loads of time!?!
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  84. Putin indicated that he is prepared for half a million deaths, multiply it by sixteen and he won't be too far wrong, the economies of the West can support Ukraine it cost them 0.5% of GDP last year on average!?!
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  85. Yes all aspects of Russia's economy is taking a battering but the IMF says there is going to be an increase, must be another Ex E.U. official taking a Russian bung!?!
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  86.  @iamtesting3824  Scurrilous people might say if your in the market for a psycho bitch!?!
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  87.  @kire5991  The one million in refugees are either anti Russian or dependants, they are not young fit fighting men (Or Women as they would have fled) as they would still be in Ukraine fighting for Russia!?!
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  88.  @chatnoir1224  Yes but they used the cellphones as toilet paper!?!
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  89.  @saucy743  Putin is so competent that their will be a reduced Russia for decades or a collapsed Russia within the near future, he is the best leader that the West could wish for!?!
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  90. Everything is fine, it's just the "Russia" bit that won't work!?!
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