Comments by "The MSM Loves war" (@themsmloveswar3985) on "CaspianReport" channel.

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  2. Main points. 1. Russia has deep economic problems, relying on basic imports, instead of value added production. 2. Money was wasted before 2009, due to the income distribution being concentrated in the hands of a few, and consequent low savings amongts large segments of the population. 3. It is not possible to know what is going on behind the corridors of power. 4. Centralization of power, has produced less innovation, and less progress on topic 1.  5. Putin was losing votes. Then the West gave Putin a lifeline as a result of the Ukrainian mess, due to Putin's ability to concentrate on external policy.  5. Sanctions had no immediate outcome, but did reduce capital resources, to handle problem number 1, and also reduce resource sector production. 6. There are inernal confrontations within the power structure in Russia. 7. Low energy prices are impacting everything, and state spending has reduced. This has caused lower internal hierarchy. 8. Long term issues, include a lack of a viable opposition in politics, and lack of preparedness for sudden events. Centralization is producing problems with decision making. 9. There have been replacements of incompetent administrators, and businessmen deemd to be involved in corruption. 10. Inflation and unemployment rises are concerning.                 Not mentioned. Corruption. The world's worst demographic weaknesses. Substance abuse and the consequent problems. Labour unit productivity underperformance. Infrastructure weakness, especially in respect of housing, and education. Loss of educated workers. Social problems. Gradual replacement of imports from the West by internal production in the food sector of the economy. Healthcare system in crisis. Being propped up by the PRC, which needs an ally in international politics. Lack of administartive reform, and failure to achieve state sector productivity gains.
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