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This is all a congratulations on things that haven't happened yet. You also congratulated Putin on winning the Syrian war years ago but it still rages on...
Congratulating the economic growth, which is barely around 1% in the past 5 years, is an odd position to take. I guess 1% is better than nothing.
So what exactly is he winning? other than his conspiracy theories have gotten Trump in a bit of trouble... but how does this benefit Putin exactly?
This is all a congratulations on things that haven't happened yet. You also congratulated Putin on winning the Syrian war years ago but it still rages on...
Congratulating the economic growth, which is barely around 1% in the past 5 years, is an odd position to take. I guess 1% is better than nothing.
So what exactly is he winning? other than his conspiracy theories have gotten Trump in a bit of trouble... but how does this benefit Putin exactly?
bla bla bla....yes war in Syria "rages on"....ahahahaha
The Idlib pocket can be wiped out in a couple of days but the situation instead requires a finely tuned balancing act with Turkey which is flirting with Russia...Putin knows exactly what he is doing compared to the clowns in Washington.
1.2% (predicted 1,4% by year end) with so little debt is actually very good...I wish the Russian government would open more the spigot to boost growth....the US this year will be probably below 3 with huge increase in debt.
All of a sudden? No. The ending about the "Mistral"
Remember still this scandalous history?
In 2011, Russia ordered in France a couple of hefty universal landing craft-helicopter worth 1.2 billion euros. Why? There are several reasons. First, in Russia there were no shipyards for such huge ships - they remained in Ukraine. Second, interesting since were not only and not so much ships, how many their equipment, allowing manage large compound heterogeneous forces. Ah and technology-after all on contract, part of ships was built in Russia.
Moreover, the project was heavily redesigned for Russia: equipped with Russian helicopters, control electronics - according to Russian, not NATO standards, the hull steel ice class, Russian weapons, too, and it is more than it was in the French version.
A couple of the ships were planned to be build entirely in Russia. France has transferred to Russia all the technologies it is interested in, including all the combat information and control system SENIT-9.
Trained and Russian crews of sailors from the French.
The first ship went to sea for sea trials with a Russian crew in September 2014. But... you remember: the Crimea, American sanctions and the termination of the contract unilaterally by the French side, with the filing of President Hollande.
France returned the money (949.8 million euros), returned the Russian equipment installed on the ships, a penalty of up to three billion euros was negotiated not to pay (well, the French are needed, do not swear so much with them), it would seem - everything.
And where to put the ships, who will compensate for the losses of the firms that built them? They agreed to buy the Egyptian Navy to protect remote offshore gas fields. Inexpensive and under the same French loans. Unlikely they'll need ice-class hull, but took. Egypt ordered Russia 50 helicopters - and where to go? Ship something under them made. And weapons systems, too, for the same reason. In total-more than a billion dollars. They also agree on the supply of Russian electronic equipment, including electronic warfare systems. Ah and part of technical service ship, too, had to give Baltic factory.
It's funny that the then Polish defense Minister Macerevich started a rumor that supposedly Egypt sold these helicopter carriers to Russia for one dollar. Say, it is a reliable source told him. Well, this mowing under Mephistopheles uncle a lot of interesting things said, forgive him this weakness.
But the French were offended. Who pan Macierewicz did better? Sometimes it is better to be silent than to speak .
And here is the latest news. The STX France shipyard from Saint-Nazaire, which built Mistrals for the Russian Navy, went bankrupt. Without work remained 4 thousands of people. It will be bought by the Italian shipbuilding company Fincantieri. There were no others willing to buy the shipyard.
Well, Russia began the construction of such ships already on its own project...
1.2% (predicted 1,4% by year end) with so little debt is actually very good...I wish the Russian government would open more the spigot to boost growth....the US this year will be probably below 3 with huge increase in debt.
Russia is going in the right direction....
Sure Russia is going in the right direction provided they back the peace deal in Ukraine. This would remove sanctions and that will get Russia's economy back on track. Perhaps Putin finally realizes this is needed. I don't think you will win many arguments comparing Russia's economic growth to the USA's since we increase by 1.5 trillion every 2 years. If it costs 1.5 trillion in debt to gain annual increases this is a very sustainable practice. It doesn't take a college degree in finance to figure out the ROI.
All of a sudden? No. The ending about the "Mistral"
Remember still this scandalous history?
In 2011, Russia ordered in France a couple of hefty universal landing craft-helicopter worth 1.2 billion euros. Why? There are several reasons. First, in Russia there were no shipyards for such huge ships - they remained in Ukraine. Second, interesting since were not only and not so much ships, how many their equipment, allowing manage large compound heterogeneous forces. Ah and technology-after all on contract, part of ships was built in Russia.
Moreover, the project was heavily redesigned for Russia: equipped with Russian helicopters, control electronics - according to Russian, not NATO standards, the hull steel ice class, Russian weapons, too, and it is more than it was in the French version.
A couple of the ships were planned to be build entirely in Russia. France has transferred to Russia all the technologies it is interested in, including all the combat information and control system SENIT-9.
Trained and Russian crews of sailors from the French.
The first ship went to sea for sea trials with a Russian crew in September 2014. But... you remember: the Crimea, American sanctions and the termination of the contract unilaterally by the French side, with the filing of President Hollande.
France returned the money (949.8 million euros), returned the Russian equipment installed on the ships, a penalty of up to three billion euros was negotiated not to pay (well, the French are needed, do not swear so much with them), it would seem - everything.
And where to put the ships, who will compensate for the losses of the firms that built them? They agreed to buy the Egyptian Navy to protect remote offshore gas fields. Inexpensive and under the same French loans. Unlikely they'll need ice-class hull, but took. Egypt ordered Russia 50 helicopters - and where to go? Ship something under them made. And weapons systems, too, for the same reason. In total-more than a billion dollars. They also agree on the supply of Russian electronic equipment, including electronic warfare systems. Ah and part of technical service ship, too, had to give Baltic factory.
It's funny that the then Polish defense Minister Macerevich started a rumor that supposedly Egypt sold these helicopter carriers to Russia for one dollar. Say, it is a reliable source told him. Well, this mowing under Mephistopheles uncle a lot of interesting things said, forgive him this weakness.
But the French were offended. Who pan Macierewicz did better? Sometimes it is better to be silent than to speak .
And here is the latest news. The STX France shipyard from Saint-Nazaire, which built Mistrals for the Russian Navy, went bankrupt. Without work remained 4 thousands of people. It will be bought by the Italian shipbuilding company Fincantieri. There were no others willing to buy the shipyard.
Well, Russia began the construction of such ships already on its own project...
The ultra massive state of the art Zvezda shipyard in the Russia Far Eat...thank you sanctions!!
And here is the latest news. The STX France shipyard from Saint-Nazaire, which built Mistrals for the Russian Navy, went bankrupt. Without work remained 4 thousands of people. It will be bought by the Italian shipbuilding company Fincantieri. There were no others willing to buy the shipyard.
The part about 4,000 lost jobs is fake (Russian) news. They are building ships and this hasn't stopped since the Mistrals were sold to Egypt.
Part of the takeover was an agreement to not cut jobs for 5 years. Who knows, they might later as the cruise ship industry is the main driver. Not Russian toys...
Part of the takeover was an agreement to not cut jobs for 5 years. Who knows, they might later as the cruise ship industry is the main driver. Not Russian toys...
Sure Russia is going in the right direction provided they back the peace deal in Ukraine.
Ukraine was brought kicking and screaming to the negotiating table....this is the outcome Russia wanted all along.
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This would remove sanctions and that will get Russia's economy back on track.
Sanctions were a blessing for the Russian economy....inadequate level of public spending is what keeping the Russian economy from a more sustained growth path.
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Perhaps Putin finally realizes this is needed.
No, the west realized that was the only outcome possible (the Ukraine peace deal) and forced Kiev's hand.
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I don't think you will win many arguments comparing Russia's economic growth to the USA's since we increase by 1.5 trillion every 2 years. If it costs 1.5 trillion in debt to gain annual increases this is a very sustainable practice. It doesn't take a college degree in finance to figure out the ROI.
Nominal GDP, as we discussed many times before, means nothing....but we agree that Russia should open the spigots of public spending to boost GDP growth as long as it does in its own currency
Last edited by saturno_v; 10-03-2019 at 01:19 PM..
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