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Russian economy heading for meltdown


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17 minutes ago, Gweiloman said:

With losses of thousands of men and equipment on a daily basis, according to Zelensky, I wonder how

 

Russia seizes more territory over past week than at any point in 2024, Bloomberg reports

https://kyivindependent.com/russia-seizes-more-territory-over-past-week-than-at-any-time-in-2024-during-same-period-bloomberg-reports/


 

 

That only shows how little territory the russians have gained,if they keep going at this pace it will be 24 years before they get anywhere!

It comes at a very high cost for the russians and the Ukrainian army makes sure to inflict as much damage as they can.

Russia will not be able to keep this up and it looks like a push to make putin look strong before the elections are over.

Moldova did the right thing and it looks like they will be joining the EU and NATO.

Putin will not like this at all!NATO on his doorstep,will he now do an all out attack on Moldava?

He can't.

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32 minutes ago, jvs said:

That only shows how little territory the russians have gained,if they keep going at this pace it will be 24 years before they get anywhere!

It comes at a very high cost for the russians and the Ukrainian army makes sure to inflict as much damage as they can.

Russia will not be able to keep this up and it looks like a push to make putin look strong before the elections are over.

Moldova did the right thing and it looks like they will be joining the EU and NATO.

Putin will not like this at all!NATO on his doorstep,will he now do an all out attack on Moldava?

He can't.

This goes show that Putin is not interested in gaining territory, only in de-militarising Ukraine (and NATO as a by product). 
 

I wonder what sources you are getting your information from but even approved, credible western sources have been reporting on how Ukraine is facing bigger and bigger challenges in terms of manpower and equipment. You must be getting it from the same sources that tells you Moldova is on his doorstep. Do you not know how to look at a map? So the answer to your question is no, he will not attack Moldova. Whatever for? It’s not a neighbouring country.

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Let us hope so. They are a despot nation. Few in Russia make real money outside of crime. An outlaw nation, run by a serial killing tinpot dictator. 

 

One may ask why has Putin chosen this moment to make his move on Ukraine? As many have pointed out, Russia is an objectively weak state — “Upper Volta with nuclear weapons,” as someone once quipped — with a nominal G.D.P. smaller than that of South Korea. Outside of energy, minerals and second-rate military equipment, it produces almost nothing that outsiders want: no Russian iPhone, Lexus or “Fauda.” If it were not for the minerals, oil and natural gas, I believe Russia would be a highly irrelevant state. Sure, it had alot of culture. Had. What have it's contributions been since the middle of the 20th century?

 

In Russia, a country already suffering from political and economic disaster, it is reported that an estimated 80 percent of the private enterprises and commercial banks are forced to pay a tribute of 10 to 25 percent of their profits to organized crime. They use the banks to launder money and avoid paying taxes desperately needed by the government to pay salaries and debts. All too often we hear of government and military personnel in Russia not being paid for months. To further cripple the economy, these crime groups dominate economic sectors, such as petroleum distribution, pharmaceuticals and consumer products distribution. According to Interior Minister Anatoly Kulikov, ROC controls 40% of Russia's gross national product. As long as money is not being paid into the government, money will not be paid out to workers in the form of salary and pension entitlements.

 

https://www.globalinvestigativegroup.com/roc-and-trafficking

 

 

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On 10/28/2024 at 7:13 PM, Jingthing said:

Yeah it is.

21 percent interest rates.

Imagine financing a house or car with that.

So what about the interest rates on western credit card debt so many  people are entrapped with?

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