WW3 is postponed

originally posted by: JinMI

originally posted by: BedevereTheWise

originally posted by: JinMI

originally posted by: xuenchen
My GOD! butwhatabout all those new sanctions? 😃

Didn't the last round of sanctions increase Russias economy?

No they didn't.

So this is a lie?

Your link says nothing about sanctions increasing the Russian economy.




ETA there is also something seriously wrong with certain years in that chart

a reply to: JinMI

Umm... For now on this is an unconfirmed statement of one person. But I will grab my popcorn and wait for Italy, France or Germany to go and fight in Ukraine. I somehow don't see it happening but who knows? I might be pleasantly surprised.

a reply to: BedevereTheWise

Well, that chart shows their GDP..moreover their GDP in 2022 and projected for 2023.

If you take issue with it, by all means explain.


Point being, the point of sanctions are to have a direct impact on the sanctioned nations ability to participate in global markets which directly impacts the GDP.

originally posted by: twistedpuppy
a reply to: JinMI

Umm... For now on this is an unconfirmed statement of one person. But I will grab my popcorn and wait for Italy, France or Germany to go and fight in Ukraine. I somehow don't see it happening but who knows? I might be pleasantly surprised.

No.

It's a confirmed quote from one person. The person being the PM of Slovakia.

originally posted by: JinMI
a reply to: BedevereTheWise

Well, that chart shows their GDP..moreover their GDP in 2022 and projected for 2023.

If you take issue with it, by all means explain.


Point being, the point of sanctions are to have a direct impact on the sanctioned nations ability to participate in global markets which directly impacts the GDP.

You said the last round of sanctions increased the russian economy.

The link doesn't show that.

GDP is expected to go up. Years when it doesn't are the exception.

Military spending is also included within GDP , so the massive increase in military spending will show in GDP.

So the link doesn't support the claim.

a reply to: JinMI

I wonder how much of that increased production is due to military spending , it seems the people of Russia aren't seeing the benefit.

According to Ivan the average Russian earns $23 a day.

a reply to: BedevereTheWise

You said the last round of sanctions increased the russian economy.

The link doesn't show that.

Well, sort of. I asked:

Didn't the last round of sanctions increase Russias economy?

How are you making the argument that a rise in a nations GDP aren't representative of failed sanctions?

Another angle of santions and history.

Military spending is also included within GDP , so the massive increase in military spending will show in GDP.

So the link doesn't support the claim.

I think that's a terrible argument that directly refutes your claim as seen by their rate of imports.

So you may refuse all you wish. The facts refute your opinion.

a reply to: gortex

I answered that above with their imports.

a reply to: JinMI

Impact of sanctions on the Russian economy

Russia's economy has never returned to pre-2014 levels when the initial sanctions were issued in response to the annexation of Crimea.

The value of the ruble has been a yo-yo. This has led to interest rates in the country being set as high as 20%.

While unemployment is low, the average wage is about half what it was in 2013.

While they have managed to give the illusion their economy is flourishing, it's pretty much been achieved by borrowing against themselves and they're running out of funds to keep it up. The bubble is going to pop in the near future and it's going to be very painful for the average Russian citizen.

a reply to: Threadbarer

While they have managed to give the illusion their economy is flourishing, it's pretty much been achieved by borrowing against themselves and they're running out of funds to keep it up. The bubble is going to pop in the near future and it's going to be very painful for the average Russian citizen.

My source refutes your source....and vice versa.


Yet what you describe is happening here at home....so there's that.

a reply to: JinMI

Your source is a chart of GDP.

My source is an analysis of all facets of Russia's economy.

originally posted by: JinMI
a reply to: BedevereTheWise

You said the last round of sanctions increased the russian economy.

The link doesn't show that.

Well, sort of. I asked:

Didn't the last round of sanctions increase Russias economy?

How are you making the argument that a rise in a nations GDP aren't representative of failed sanctions?

Another angle of santions and history.

Military spending is also included within GDP , so the massive increase in military spending will show in GDP.

So the link doesn't support the claim.

I think that's a terrible argument that directly refutes your claim as seen by their rate of imports.

So you may refuse all you wish. The facts refute your opinion.

You haven't provided any facts that the sanctions increased the Russian economy.

If I pour water on a fire and it still grows it doesn't mean the water grew the fire.

a reply to: Threadbarer

Your source shows a declining GDP, not an increase.

It also omits:

The restrictive measures do not target Russian society. That is why areas such as food, agriculture, health and pharmaceuticals are excluded from the restrictive measures imposed.

It also conflicts with imports and exports.......

a reply to: BedevereTheWise

You haven't provided any facts that the sanctions increased the Russian economy.

I provided a source showing their rise in GDP, imports and exports.


What else do you require?


Or are you having a conflict with your opinions and facts?

originally posted by: JinMI
a reply to: BedevereTheWise

You haven't provided any facts that the sanctions increased the Russian economy.

I provided a source showing their rise in GDP, imports and exports.


What else do you require?


Or are you having a conflict with your opinions and facts?

GDP rising does not mean sanctions increased the economy.

a reply to: BedevereTheWise

I say that it does.


But, I recognize you weren't convinced so I also brought the imports/exports.


That's still not good enough for you.


Now it's not my problem.

originally posted by: JinMI
a reply to: BedevereTheWise

I say that it does.


But, I recognize you weren't convinced so I also brought the imports/exports.


That's still not good enough for you.


Now it's not my problem.

You seem to think sanctions are the only thing that would effect GDP. That's simply wrong.

Your link also shows imports are down on pre 2022 levels. Not much of a case that sanctions are helping the economy.

a reply to: BedevereTheWise

You seem to think sanctions are the only thing that would effect GDP. That's simply wrong.

No.

You are claiming they have nothing to do with GDP. That's the difference.

Only one of us brought receipts however...

originally posted by: JinMI
a reply to: BedevereTheWise

You seem to think sanctions are the only thing that would effect GDP. That's simply wrong.

No.

You are claiming they have nothing to do with GDP. That's the difference.

Only one of us brought receipts however...

Please quote where I said sanctions are nothing to do with GDP

I will make it easy for you, you can't because I didn't.

You on the other hand said sanctions were growing the economy. You have discounted that any other factors would result in increasing GDP. For example massively increasing military spending.

a reply to: BedevereTheWise

You have discounted that any other factors would result in increasing GDP. For example massively increasing military spending.

Thus the imports......


You sound out of your depth.

They simply aren't congruent with sanctions.

And your opinions really aren't compelling either.