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Russia’s economy is doomed
Strained by these factors, the Russian economy is approaching its moment of truth,” Åslund wrote. "Inflation will continue to rise in 2025, and people will get even angrier over higher food prices. "Major bankruptcies are looming, and the Russian state cannot afford large bailouts. "Business leaders are fiercely objecting to high interest rates, and the shortage of labor – and soldiers – is reaching a crisis stage." The war in Ukraine is causing both soaring prices and labour shortages. At the same time the Kremlin is struggling to raise funds for its ballooning defence budget through taxes and bond offerings. Putin is increasingly having to dip into Russia's National Wealth Fund, whose reserves have plummeted almost 74% from £94 billion to just £25 billion, since the beginning of the war. A further problem for the Kremlin is the rouble's plunge in value, which is adding to inflationary pressure. Western sanctions are also hindering the ability of Russian companies to continue producing vital goods. -
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Fatal shooting at Nan land reform office leaves two dead
Picture courtesy of Matichon By Bright Choomanee In the office of the Nan Provincial Land Reform, a shooting incident resulted in one fatality and one critical injury. The event unfolded yesterday, January 27, when a disagreement escalated. Police Lieutenant Colonel Wanatpong Santiphongsathorn and Police Major Danuwat Kittiyos led a team to the scene after being notified. The tragedy occurred on the second floor of the Nan Provincial Land Reform office. The man was identified as 50 year old senior surveyor, Kijja, who served as Director of the Technical and Mapping Division. He was shot five times in the torso. Nearby, 46 year old skilled surveyor, Naruebet, lay critically injured with a gunshot wound to his right temple. A 9mm firearm was found beside him, along with five spent casings. He was rushed to Nan Hospital but later succumbed to his injuries. Witness accounts describe that the shooter called Kijja over to his desk, located opposite, before opening fire. Kijja collapsed after being struck by five bullets. The gunman then turned the gun on himself. Phrit Praphasanobol, the Nan Provincial Land Reform officer, revealed that he was working in a building opposite during the shooting. He heard five consecutive gunshots and rushed over to find many staff fleeing the building, reported KhaoSod. While the motive is suspected to be external and unrelated to work, some staff mentioned frequent arguments between the two people over work issues. Further detailed investigations by the police are underway. Source: The Thaiger -- 2025-01-28 -
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Has the U.S. Government Been Hiding Alien Technology?
I've written and published a series of four novellas about this very topic—the reverse engineering of alien technology. The series is called The Gliese Project, and the four books are Helios, Kratos, Aoelus, and Demeter. They are all available at many online bookstores. If you're interested in this topic, I hope you'll take a look at them. -
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Promises made Promises kept , POTUS first few days! The lefts radical response!
LOL....if you voted for Biden then look at the economic mess he gave you and America...The best way to look at domestic economics is the one delivered by biden/harris, worst economy in decades. Thats bidenomics, a total failure except brainwashed bidenites who think illegal aliens picking cabbage will save Americas economy. LOL. But, you know, Trump won the election based on the top two issues plaguing America, immigration/border security and the economy and Biden FAILED ON BOTH and Trump delivered and hence the MAGA LANDSLIDE election victory Non 5 2024. How's that for "basic economics"...where Americans choose Trump's economy and border policies over the hitler, nazi obsessed baby killing liberal losers. Be sure and check out Milton Friedman and try to learn something, maybe in conjunction with counseling you can get a clue perhaps. -
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Latest developments and discussion of recent events in the Ukraine War
Russia's economy is "reaching a crisis stage" and facing its "moment of truth", an expert hs warned, with pressure mounting on Vladimir Putin. Businesses and consumers have been hit by a double whammy of spiralling inflation and high interest rates. With interest rates at a record high of 21%, businesses in particular are struggling to pay back bank loans, with many reportedly facing bankruptcy. Anders Åslund is a renowned Swedish economist and author with a detailed understanding of the Russian economy. In an article for Project Syndicate, he argued Russia was heading for stagflation, meaning high inflation combined with minimal growth.
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