I hope Putin nukes them, that’s only satisfaction I will be able to get from this situation. Like how stupid must they europoorian be to sacrifice their economy for a third world but Mayo country
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misterwigger
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How stupid Putin is to sacrifice his country economy to some 3rd world shithole?
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He sell oil in Dollar he ain’t losing in long run. Since the asian market is growing and don’t give a shit about green shit he will find a market to sell his oil.
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Cope. Projected Russian GDP for second quarter is -35%.
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Using GDP
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What do you propose as alternative? Shitposts per minute?
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PPP would be better for Russia but hire my main point I don’t care how poor Russian will get, it won’t make my life better if euro becomes weaker, plane tickets will get more expensive because Russian is selling raw metals, bread will also get more expensive, warming will also cost more with riding car. That shit will happen for a country that my country has almost 0 trades.
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You know such big spike was mostly because regular citizens ware getting rid of ruble ? It’s a huge jump from 140 to 127. I checked Russian banks and they are selling dollar for 170 rubles. What I told: “ He sell oil in Dollar he ain’t losing in long run. ” I told he not Russia. Russian gov is the biggest enemy of Russian. They will use those sanction to frick over their people way more than sanction are doing. So He=Putin won’t lose in long run.
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Why would PPP reflect anything other than an L if GDP was dropping by an annualized third
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They have a trade surplus and almost don’t have any debts to other countries
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Those aren’t inherently good things. Not having debt mostly means not having access to credit, which is dangerous in Russia’s position as they stand before a financial crisis and can’t borrow resources in more stable currencies.
Trade surpluses and deficits also are such low parts of developed country GDPs. A surplus means you’re spending domestic resources in your economy making shit for other countries and not your own in exchange for foreign currency inflows, which can be good in some but not all circumstances.
Tl;dr Russia’s economy is not in a good spot by any means. You can adjust for PPP and they’re still far behind developed and undeveloped economic growth since the 90s or whatever timespan you want to use.
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China ain't paying Euro prices for that oil.
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It will be because oil price goes up so they accept that price or pay 300% of that price to US. Oil frickers are cartel and I am sure without their blessing the war wouldn’t happen. Russia also sell shit for lithium battery, titanium for f35 and a lot of food to EU so we europoorian will be fricked
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Russia is depending on China's assistance economically if they want to survive the sanctions, they have all the leverage here.
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The war is already over. (Somebody posted hire)
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