Comments by "D. von N." (@D.von.N) on "Economy of Russia - Data vs Reality" video.

It is an artificial bubble. About 70% of the workforce is on the govt payroll and many had their salarias rised due to shortages of workforce. Also some were lucky to get a payout for their men on the front. Poor folks suddenly got their hands on more money and they spend, spend, spend. But it is just the country's financial black hole. Nothing much to show for it with a vacuum building inside. Banks were throwing money on the nation in unsecured loans and they have nothing to pay it back. And Kremlin won't have enough resources to bail banks. They either will go down or Kremlin will have to start printing money, which comes with other issues. And now the previously allies are pulling out under the threat of the secondary sanctions, China and Turkey alike, also Kazachstan. Tha recent attack in the concert hall sent further waves to the surrounding countries and the level of racism spiked, going after the immigrants on which the RuSSian economy stood.
22
And thirdly, you seem to be amazed by the nuclear fusion. As a cosmology and particles physics nerd, I can tell you it is not that simple. Fusion happens in nature in massive objects like our Sun, via gravity. That is an extreme amount of energy we don't have much of at our disposal, to make this technology work for us on a larger scale. We just don't. It looks good in the lab on a small scale, but using it to power entire cities or countries? And planes, ships and trucks? I don't see it coming anytime soon. If we even managed to create a reactor large enough to power a city, there are safety concerns and other limiting factors. There are limits in physics and that also means no interstellar travel for us without causalties or failures of other sort. It is a hostile environment out tere, and either travelling fast or slow would mean death to the crew from the radiation out there. Creating a shield like in the star trek requires a lot of additional energy, at the expense of propulsion. That shield we enjoy on Earth is again a legacy of the mass of matter we sit on. Mars has lost this feature for being smaller and cooled down already.
1
@nicolasolton Indeed! LOL
1
What do I own from RuSSia? At the moment nothing, but there might be a PC locked down by a ransomware attack. They ramped up the cyber crime targetting the wide world, like Chinese, to gain intellectual property or a revenge because as you say, they don't have much of their own. The vast majority of technological advancements they have been using is western. Either stolen secretly or via companies forced to share their know how if producing or operating there.
1
Indeed. RuSSia has been taking advantage of the abundant natural resources, sitting back with their feet on the table, and extremely corrupt at that. Like leeches, screwing each other. The old soviet 'communist' credo was: if you don't steal you are depriving yourself and your family. My home country was influenced by that mentality and still suffers, 30 years later after the collapse of the USSR. And now the tzar wants it all back. 5he cold war was a bit different, there was investment into the space programs, but their recent attack on the Moon (as you cannot call it anything else) was just a propaganda show off, not a genuine space program that needs investment, dedication, transparency to a degree and years and years of focus. You cannot just take almost abandoned project, rush some money through its rusty pipes to remind the natin their past glory under the current situation of a failed 3 day special military failure, and expect it to deliver.
1
@gnice8765 who knows? You won't get true stats from Kremlin. Debt isn't necessarily bad if you have a functioning economy, which RuSSia doesn't. Even that $60 bn package for Ukraine is mostly funds to upgrade American army by American companies, so the old stock (still of a better quality and performance than the RuSSia one) is given to Ukraine, America saving itself the cost of decommissioning it. So the Kremlin shills in the US senate voting against it are basically preventing their own country to modernise itself. It should be a treason.
1