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I think the 3 of you are confusing the Kuril Islands with Sakhalin. Sakhalin is not disputed. The Kuril Islands are. Putin's offer in 2006 to give up the 2 closest islands seems like a fair deal but its really up to Japan to work this out.
During the 1956 peace talks between Japan and the Soviet Union, the Soviet side proposed to settle the dispute by returning Shikotan and Habomai to Japan. In the final round of the talks, the Japanese side accepted the weakness of its claim to Iturup and Kunashiri and agreed to settle on the return of Shikotan and the Habomai Islands, in exchange for a peace treaty. However, the U.S. government intervened and blocked the deal.[18][20] The U.S. warned Japan that a withdrawal of the Japanese claim on the other islands would mean the U.S. would keep Okinawa, causing Japan to refuse these terms. The U.S. had asserted that the San Francisco Peace Treaty "did not determine the sovereignty of the territories renounced by Japan," but that "Japan does not have the right to transfer sovereignty over such territories.
Okay lets compare growth rates, even though EU's is already much higher to start with:
2015: EU, 1.7% Russia -2.8%
2016: EU, 2.2% Russia -0.2%
Clearly to kill for. How else do you want to try to twist this into Russia looking like it has a better economic future than the EU? Russia would need a 50% growth rate for a long time to catch the EU. It will never catch up because it is an illiberal corrupt failing state.
Again, reading comprehension...ifRussia reaches almost 3.5, as predicted by Goldman Sachs that rate is to "kill for" in the EU...
Correct Grega. 2014 was when it started slowing with the imposition of sanctions. From what I understand measures have been taken to correct it but the pay off is not immediate. Just like Chinas silk road, the expenditures are tremendous today but the payoff is far in the future. Possibly decades away. We shall see.
There's no reason Russia should give anything in the face of bad behavior from it's neighbors. Stand for something or fall for anything.
Not only that...look at Russia debt numbers.....to growing keeping debt so low is actually is quite the feat...there are a lot of discussion in Russia right now about "unleashing' some debt growth.
Not only that...look at Russia debt numbers.....to growing keeping debt so low is actually is quite the feat...there are a lot of discussion in Russia right now about "unleashing' some debt growth.
Debt growth is usually occuring with a growing economy. You also have to compare soveriegn debt with private debt because these can crossover in countries with state owned enterprises (see Venenzuela with its "keeping debts low").
Debt growth is usually occuring with a growing economy. You also have to compare soveriegn debt with private debt because these can crossover in countries with state owned enterprises (see Venenzuela with its "keeping debts low").
The recent 2008 crisis taught us that in the end all debt is government debt.....Russia has low public and private debt.
They had their financial crises in 2014, that's what drove them to Europe and the IMF who bailed them out and rebuilt their reserves.
They got a sweet deal precisely because of the ongoing situation with Russia (the IMF broke all rules to give them money, making clear for everybody that there are no inviolable rules)....if and when they will be firmly in the European camp...watch out at the next crisis.
Countries with high barriers (poor access) to credit have the lowest debts.
Russia can issue credit in its own currency...is not limited by anything, only by the productivity of its population and economic system.
There are countries with poor private credit and enormous public debt.
Quote:
Venezuela is an apt comparison, except that Russians know socialism doesn't work. And Venezuela has far more oil...
Again, no comparison whatsoever, nonsense, Venezuela dos not produce anything, it has no scientific-technological foundations not even diversification and self-sufficiency in natural resources......and I would not be surprised if total (proven and unproven) oil reserves of Russia were in the end much bigger than Venezuela.
The only logic where the name "Venezuela" and "Russia" can be put in the same sentence is when we can say that Venezuela could become a Russian and Chinese client state.
Last edited by saturno_v; 04-03-2018 at 03:12 PM..
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