Russia is winning the economic war - and Putin is no closer to withdrawing troops

There have been at least 7 assassination attempts on Vladimir Putin's life. When he went to Britain years ago, he brought his own water from Russia, and when he went to Australia for a meeting, the Russian navy was sitting outside the port as a warning. Even his limousine is made in Russia because Western ones can't be trusted.

It's suspected the shoot down of the airliner in Ukraine was an assassination attempt on Putin's life, since he was coming back from Brazil and his plane left the Warsaw airport 2 hours before. It was the same color and size as the civilian airliner and it was taking the route that Russian planes would normally take to go to Rostov.

Other than that, I read recently that the helicopter from Syria which had fallen in the waters near Mount Athos years ago, might have been another attempt on Putin's life. It was probably around the time he went to Israel.

Anyway he is very well protected, as he should be, after all he is the president of Russia. He even has a special cup that he uses when he's with foreign dignitaries - I mean after all who knows what kind of technology and poisons we have in our stockpiles to induce who knows what?

He can't even go to a monastery without agents trailing him.


Great disguise there Boris.

 

Bill, I noticed that there are no obese people. The same in this video by Earl Grey in Saint Petersburg. It does say something about our junk food.

 

There are some obese people in Russia, but compared to the West, it's almost nothing. The vast majority in the West are obese/the vast majority in Russia aren't.

 

Here's something of interest:

The Nordstream pipeline will be switched off for 10 days between July 11 to July 21 for its annual maintenance. According to the Financial Times, the German government is alarmed and fears that the flow of gas will not be turned back on. This comes as Europe is trying to top up its gas reserves ahead of the winter season.

In recent years, the maintenance-related shortfall in supplies via Nord Stream was compensated by increased flows through Ukraine or Poland. However, officials and industry representatives told the FT they feared that Russia may not do that this time, leaving the continent to face gas shortages.

Canada in the meantime is exploring ways to return crucial parts of Russia’s Nord Stream pipeline, which are stuck in the country due to sanctions. Gazprom said it was forced to slash natural gas flows to Germany via the Nord Stream pipeline by 60% last week, because Siemens turbines from its Portovaya pumping station in Vyborg were stuck in Montreal undergoing maintenance.

The parts fall under Canada’s penalties against Russia, and Ottawa says it cannot return them without breaching these restrictions.

Oh those sanctions, sanctions, sanctions. What are we going to do?

​

 

Live stream in Moscow....see for yourselves the economic reality

 

Man, things are super awesome in Russia right now!

 

The EU needs Russia. Russia does not need the EU. The leaders of the EU are all globalists, who are willing to give up their nations sovereignty in obeisance to Washington and the World Economic Forum's Great Reset and New World Order.

So let's see how much longer the people will put up with their pseudo governments. The fear though is that many will turn to 'nationalism' as a reaction, much in the way they did when communism raged in the depression before WWII.

It might depend on Putin, and whether he's willing to give them a way out of the sanctions and their destruction of Nordstream II, or will he let them just drown in a stew of their own making.

 

It's called economic disparity. Russia has a lot of it.

 

You don't know Diddley about Russia. You've never been there so enough of your 'expert' opinion

 

Not as much as us.

San Francisco


New York City


Los Angelos

 

I know more than you do.

 

West pushes Russia into its first foreign debt default since 1918
By David Goldman and Mark Thompson, CNN Business
Updated 8:44 AM ET, Mon June 27, 2022

...

Following reports that Moscow had failed to pay about $100 million in interest on two bonds during a 30-day grace period that expired Sunday, the White House said the default showed the power of Western sanctions imposed on Russia since it invaded Ukraine.

"This morning's news around the finding of Russia's default, for the first time in more than a century, situates just how strong the reactions are that the US, along with allies and partners, have taken, as well as how dramatic the impact has been on Russia's economy," a senior administration official said on the sidelines of a G7 summit in Germany.

Russia denied it was in default, saying the payments had been made, in dollars and euros, on May 27 and the money was stuck with Euroclear, a settlement house based in Belgium.

... https://www.cnn.com/2022/06/27/economy/russia-debt-default-sanctions/index.html​

Russia's response:

 

My Russian portfolio is all green today. Please give me another 'default' tomorrow.

 

Silly Billy. Russia doesn't have a free market, so it will move however the Kremlin dictates.

 

Russia defaulted on its debt for the first time since 1918. That doesn't look like a "win".

https://www.cnn.com/2022/06/27/economy/russia-debt-default-sanctions/index.html

New York/London (CNN Business)Russia has defaulted on its foreign debt for the first time since the Bolshevik revolution more than a century ago.

Following reports that Moscow had failed to pay about $100 million in interest on two bonds during a 30-day grace period that expired Sunday, the White House said the default showed the power of Western sanctions imposed on Russia since it invaded Ukraine.
"This morning's news around the finding of Russia's default, for the first time in more than a century, situates just how strong the reactions are that the US, along with allies and partners, have taken, as well as how dramatic the impact has been on Russia's economy," a senior administration official said on the sidelines of a G7 summit in Germany.
Russia denied it was in default, saying the payments had been made, in dollars and euros, on May 27 and the money was stuck with Euroclear, a settlement house based in Belgium.


The historic default had been widely anticipated after half Russia's foreign reserves were frozen and the US Treasury ended a carve-out from sanctions that had allowed US bondholders to be repaid by Russia.

'They're like our nerd warriors': How the Treasury Department is waging economic war on Russia

The European Union also made it harder for Moscow to meet its debt obligations earlier this month by sanctioning Russia's National Settlement Depository, the country's agent for its foreign currency bonds.
Still, it took longer than many had expected: Sanctions have largely failed to cripple Russia's economy, as surging energy prices have padded the country's coffers.

Meanwhile, Russia's currency has soared to a seven-year high against the US dollar.
The country managed to pay back creditors with dollars in April after a long saga that put it on the brink of default. The country's finance ministry said in April that it made a $565 million eurobond that was due this year, as well as an $84 million eurobond that was set to mature in 2024. Both payments were made in US dollars, the finance ministry claimed, as required by the bond's contract stipulations.
But that wasn't possible this time around, given the recent moves by US and EU authorities.
Russian Finance Minister Siluanov was quoted by state-owned news agency Ria Novosti as saying last week that the sanctions meant Moscow had no "other method left to get funds to investors, except to make payments in Russian rubles."
The Russian finance ministry said in a Telegram post on May 27 that the Russian National Settlement Depository had made the required payments of $71 million and €26.5 million.
"Allegations of default are incorrect because the necessary currency payment was made as early as back in May," Kremlin spokesman Dmitry Peskov said during a regular call with reporters on Monday.
The fact that money transferred to Euroclear was not delivered to investors was "not our problem," he said.
"So there are no grounds to call it a default," he said.
Euroclear can't settle any securities with counterparties that are subject to sanctions.
Since 2014, the last time the West sanctioned Russia over its annexation of Crimea, the Kremlin had built up about $640 billion in foreign reserves. About half of those funds are now frozen under Western sanctions imposed after the invasion of Ukraine.
It's not clear what effect — if any — the default will have on Russia's economy in the near term, as the country is already unable to borrow abroad and its existing bonds have collapsed in value to pennies on the dollar.
But in the long term, Russians will almost certainly suffer. The country's assault on Ukraine has left it with few friends in the international community, and the default will likely cut off access to foreign financing for years.

 

Russia:
Demoted from Mexico with nukes to:
Nigeria with nukes.

 

Empty shelves, huge discounts as Russia's Decathlon stores close
Empty shelves, huge discounts as Russia's Decathlon stores close
Mon, June 27, 2022 at 7:56 AM

MOSCOW (Reuters) - Empty shelves and prices discounted by as much as 70% greeted shoppers who visited Decathlon stores in Russia over the weekend before the French sports equipment retailer closed its stores on Monday, hampered by supply constraints.

Scores of Western brands have left Russia following a backlash against its military incursion into Ukraine, with McDonald's, IKEA and Renault among the more high-profile. Others have reported struggles with logistics and supply chains amid Western economic and financial sanctions.

One shopper, Lyubov, said Decathlon's departure was "sad", but was adamant that Russian consumers would cope.

"We are flexible people, we will adapt," she said.

... https://news.yahoo.com/empty-shelves-huge-discounts-russias-125654641.html​

So much winning!

 

That's right, go whine to Euroclear...I'm sure bondholders are trilled with the Euro turds.

I know I am. Gimme a default tomorrow and the next for all I care. Portfolio is green.

 

Only because the Kremlin is propping it up. It cannot and will not last forever.

 

Nope, Russia doesn't play the QE game. Russia is solvent, as opposed to every Western country. They don't need to print money like the West, hence the reason their currency is gaining value against the dollar/euro/pound/yen.

 

If Sanctions are not uplifted for a few years, I bet Russia goes back to the bread line days.

 

Russia just has a lot of oil money coming in thanks to China, India and high prices. This cannot and will not last indefinitely.

 

The sad result is Ukraine is severely damaged in terms of infrastructure and mass death. Russia will be severely damaged in terms of its economy and military capacity (which is not such a bad thing).

The sad result is both countries have needlessly brought hardship to people who had no desire to be at war.

It truly is a tragedy Russia seems to revert to the same totalitarian type regimes that practice a brand of Russian chauvinism what ever name they give to it. They create elite hierarchies run by a very small privileged class. Instead of the Czar they have Putin and instead of corrupt Dukes they have oligarch billionaires running organized crime syndicates choking off any wealth from being reinvested in the country for the people. Call it recycled Czarism, Stalinism, its the same old elitist totalitarian ****.

I personally believe when all is said and done, Turkey will break off from NATO and form an alliance with Russia, China, Iran, as long as Erdogan is in power. I also believe Ukraine will be splintered with a de facto occupation of Russian troops on its Western side for a considerable long term after a reluctant ceasefire making it an almost landlocked nation and that stalemate will linger for years leading to another war but in the interim splitting the nation like Germany was during the cold war.

Both countries are headed to a stalemate neither can win and both will lose from.

Also do not underestimate internal turmoil in both Belarus and Moldova if and when Putin dies taking advantage of the chaos to challenge the Putin puppets in both countries. China has already swallowed up the Central Asian nations once who were Soviet Socialist Republics. Russia and China are not natural allies. Their current alliance is based on mutual distrust of the US not genuine friendship.

China's concern is not the Ukraine or Russia, it is concerned with becoming the unchallenged power of Asia and to do that controlling the entire South China Seas trying to imitate what Japan did during WW2. The remilitarization of Japan is only a matter of time. When that occurs a Japanese-Australian-New Zealand-South Korean-Phillipines-Indonesian-Vietnamese-Taiwanese bloc will emerge with the US to present a counter-balance. Its already started. Japan is rapidly rebuilding its navy and air force..


Russia will become a bankrupt, financially ruined country unable to sustain occupation forces in Ukraine or anywhere else such as Syria within the next few years.

China is also facing severe economic shrinkage which will cause internal turmoil particularly in Shanghai, Peking, Hong Kong, where bizarre lockdowns are being tested to control the masses in anticipation of future food shortage riots using Covid as the cover story. China's internal food supplies from its dirty markets are in turmoil and it needs food as well as fresh water because of havoc to its supply chain holes from Covid 19 as well as soaring inflation making its products no longer attractive to export.

Between China's lack of domestically sold food and lack of fresh water and addiction to oil and coal its on a very precarious line before internal collapse like Russia triggering food riots.

As bad as recession is in the West amplify it many times for its negative impact in Russia, China and the third world not to mention India..

Countries with access to fresh water and an ability to grow food or sell natural resources will survive the best in the next few years.

The US now has to deal with very severe climate changes to its ability to feed itself. It faces continuing unnatural fires and draught in its California farming land, flooding and increases in tropical storms in Florida, and its Mississippi basin.

While Americans panic over gas prices they better take a good look at their shrinking ability to feed themselves. Argentina and Chile not to mention Mexico are rapidly replacing them and will have to step up as China the no. 2 food exporter will not be able to keep exporting food while its people starve. A basic realignment is happening where China will have to re-route its food exports back to China to fend off large city food riots.

 

Sanctions will be the West's undoing. It's already happening.