The Demolition of Russia's Economy

gwb-trading said:
FACTS MATTER. At some point it is necessary to explain the actually reality to Russian propagandists like @Businessman.

In Russia, the grocery prices are up 32% in the past 3 years. The food inflation in Russia is higher than any G7 country.

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Food Inflation in the G7 and Russia
https://economistwritingeveryday.com/2024/02/21/food-inflation-in-the-g7-and-russia/
February 21, 2024
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ACTUALLY -

in "russia" - the availability of all kinds of foods is down by up to 70 %.
 
Businessman said:
TM-Graphic-Putin_2136f3.jpg
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We debunked your claims about Russian food prices. Now you simply re-cycle previously debunked Russian propaganda about Russia growing faster than all the G7 economies.

No, the IMF did not release any information showing that Russia grew faster than all the G7 economies. The IMF did point out however that Russia released non-transparent data claiming they their economy grew faster than western economies. Information that has obviously been debunked by numerous respected economists. This entire thread has numerous citations regarding fabricated Russian economic data which cannot be trusted.
 
Nobody talks about the demolition of Europe and US economies. We now live in a global world even though, some people think, it is only the US and Europe over everyone else. That is why BRICS was formed to curtail abuses of the US imposing sanctions on everyone who does not do its bidding. BRICS population wise, has the majority of people the world over. By inference, they also, have majority of consumers. Sanctions is a two way street as China has already demonstrated. Ban Huawei chips and China has ordered its companies to stop using chips made in the US. Intel and AMD are the obvious victims. Russia has now developed its jetliners to replace jetliners previously, ordered from Airbus and Boeing. Do not tell me it does not hurt the US and Europe. Europe still dependent on Russian natural gas and oil although, they buy it indirectly, from China and India. US economy runs on debt to other countries. Russia and China has already made moves to avoid using the US dollar as the reserve currency. Do not believe the lies of liberal media that the US economy is doing fine under Joe Biden. You are a big fool if you even believe that.
 
gwb-trading said:
We debunked your claims about Russian food prices. Now you simply re-cycle previously debunked Russian propaganda about Russia growing faster than all the G7 economies.
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lol, Nice try, the sources for my last two post are UK media:

  • Germany has gone from the continent’s powerhouse to a GDP that is smaller than Russia’s by many measurements.


This thread should be renamed 'Demolition of Germany's Economy'
 
Businessman said:
lol, Nice try, the sources for my last two post are UK media:

  • Germany has gone from the continent’s powerhouse to a GDP that is smaller than Russia’s by many measurements.


This thread should be renamed 'Demolition of Germany's Economy'
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Nice try — link your source.

And while you are at it link your source that the Russian economy is growing faster than all the G7 economies.

We can all use the good laugh when you provide urls that are the equivalent of Russia Today.
 
What about the demolition? This thread over span mesured in years is a collection of nonsense. Most of participants are clowns and you are the best one.
 
New Article (posted this week) from the BBC news website in the UK


Russia to grow faster than all advanced economies says IMF

An influential global body has forecast Russia's economy will grow faster than all of the world's advanced economies, including the US, this year.

The International Monetary Fund (IMF) expects Russia to grow 3.2% this year, significantly more than the UK, France and Germany.

Despite the Kremlin being sanctioned over its invasion of Ukraine, the IMF upgraded its January predictions for the Russian economy this year, and said while growth would be lower in 2025, it would be still be higher than previously expected at 1.8%.

Investments from corporate and state owned enterprises and "robustness in private consumption" within Russia had promoted growth alongside strong exports of oil, according to Petya Koeva Brooks, deputy director at the IMF.

Russia is one of the world's biggest oil exporters

https://www.bbc.co.uk/news/business-68823399


 
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Businessman said:
New Article (posted this week) from the BBC news website in the UK


Russia to grow faster than all advanced economies says IMF

An influential global body has forecast Russia's economy will grow faster than all of the world's advanced economies, including the US, this year.

The International Monetary Fund (IMF) expects Russia to grow 3.2% this year, significantly more than the UK, France and Germany.

Despite the Kremlin being sanctioned over its invasion of Ukraine, the IMF upgraded its January predictions for the Russian economy this year, and said while growth would be lower in 2025, it would be still be higher than previously expected at 1.8%.

Investments from corporate and state owned enterprises and "robustness in private consumption" within Russia had promoted growth alongside strong exports of oil, according to Petya Koeva Brooks, deputy director at the IMF.

Russia is one of the world's biggest oil exporters

https://www.bbc.co.uk/news/business-68823399
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You never note the small print -- *** it is based on figures Russia provided to the IMF. Russia's economic figures are bullshiat -- which has been pointed out multiple times by respected economists.

Lets' wait a year and see what the actual economic results are for growth figures are for the Russian economy.
 
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