WW3 is postponed

originally posted by: JinMI
a reply to: gortex

I answered that above with their imports.

GDP (Gross Domestic Product) is a measure of domestic production imports are not relevant to that measure , Russia is propping up its economy through government spending of their reserves.

The markup in the International Monetary Fund’s 2024 Russian growth forecast from 1.1% to 2.6% has elicited stories about Russian economic ‘resilience’.

For decades, Russia ran highly orthodox and prudent macroeconomic policies, accumulating wealth amid extremely low debt levels. The strength of these orthodox ‘Fortress Russia’ policies created substantial fiscal space, which is now helping Russia finance highly stimulative fiscal policies to support its war against Ukraine and weather the associated economic stresses.

Economic policy-makers can support growth in the short run with large fiscal stimulus or credit expansion and post good growth numbers. Given strong buffers and the populace’s seeming ability to tolerate hardship, Russia may well be able to sustain such performance for several years.

But ‘resilience’ is a misnomer. Russia is masking a process of significant economic degradation that will continue well into the future and further marginalise its global footprint.

While Russia should be able to easily finance its deficit, several costly macro factors come into play. Inflation is elevated and the central bank is maintaining high interest rates in the light of the outlook for prices. That will erode real incomes and crimp investment. The ruble will on average weaken as currency depreciation generates more rubles for the budget. The currency would in all probability weaken much further were it not for capital controls. Russia also will presumably draw down on the National Wealth Fund.

More generally, the Russian economy can be increasingly characterised as a system of energy production financing surging military spending, with little innovation elsewhere in a society already well behind others on the technological frontier. But, of course, the reliability of economic data should always be taken with a pinch of salt, and especially Russian economic data in the current circumstances.
www.omfif.org...#:~:text=The%20markup%20in%20the%20International,amid%20extremely% 20low%20debt%20levels.

originally posted by: JinMI

originally posted by: bastion

originally posted by: JinMI
a reply to: bastion

How long was Navalny in Russian custody?

Two and a bit years, the use of chemical/nerve agents is meant to have been throughout incarceration according to family and lawyers - he was hospitalised from it last year, then vanished within the prison system without a trace until his lawyers found out his wearabouts a couple of months back.

Plenty of smoking gun evidence to warrant a proper investigation.

2 years then....

Which speaks to both points made of timing.

So...why now?

No, it really doesn't as he was being poisoned and tortured throughout his imprisonment with him being rushed to hospital from it several times - it would only hold if it was a one off poisoning or assasination attempts instead of dozens and use of slow poisons throughout his two year incarceration.

According to the family the reason he was killed now is that the Kremlin realised they couldn't break him - the big giveaway that this was a targetted attempt is there only being 11 minutes between time of death on his death certificate and a full blown press conference with news releasess about his death taking place while prisoners were notified of his death several hours earlier at 10am shortly after GRU vehicles left the prison after a very rare visit.


The prison pubished their press releases of his death only two minutes after the time of death on the death certificate which is only possible if it was all planned and pre-written -- it takes far longer for newspapers to publish such info and they all have systems called 'the morgue' with pre-written obituaries for every celebrity/influential person to be published when they die.