Caliber.az – Oct 10, 2023
The economic analyst Patricia Cohen in her article for The New York Times says that Russia’s economy has proved resistant to Western sanctions and may overtake the EU and the US in terms of GDP growth.
Since Russia sent soldiers across the border in February 2022, its economy has had to adapt to dramatic changes with astonishing speed. The European Union, its biggest trading partner, quickly broke economic relations, upending well-established supply chains and reliable sources of income from abroad. The United States used its financial might to freeze hundreds of billions of dollars in Russian assets and cut the country off from the global financial system.
Nineteen months later, the economic picture is decidedly mixed. The Russian economy has proved to be much more resilient than many Western governments assumed after imposing a punishing string of sanctions.
It has pumped money into the economy at a rapid pace to finance its military machine, putting almost every available worker into a job and raising the size of weekly paychecks. Total output, which the Russian Central Bank estimates may rise as much as 2.5 percent this year, could outpace the European Union and possibly even the United States.
Yet that is only part of the story. As Laura Solanko, a senior adviser at the Bank of Finland Institute for Economies in Transition, said: “When a country is at war, gross domestic product is a fairly poor measure of welfare.” Producing bullets adds to a country’s growth rate without necessarily improving the quality of life.
Russia “MAY” surpass???
Russia has ALREADY surpassed EUSSR & U$$A in GDP growth… DESPITE sanctions!
🤣
Sanctions against a very big country with many millions of White people were always meaningless
As I revealed on here a year or so ago, the ‘sanctions’ are fictitious. ZOG simply invented this story just like the ‘bio weapons labs’ in Ukraine. They have to make it appear they’re ‘enemies’, so they can stage their war to eradicate whites. It was similar to how the US was surreptitiously sending money/material to their ‘enemy’ the USSR during the ‘Cold War’, as exposed in the book ‘The Best Enemy Money Can Buy’ by Sutton. Now you know.
Russia = ZOG
Ukraine = ZOG
NATO = ZOG
When western countries include police forces, ambulance workers and such into their GDP the figures are actually more telling about the situation.
Police and ambulance workers aren’t productive output even though police generates revenue. GDP is for investment purposes. Ol Rothy won’t release fiat funds unless GDP is at a certain point. He is a capitalist after all. It’s why western countries import so many immigrants. When you import people your GDP figures rise as time goes on the figures fall again then the government needs to import more. What it shows is how bad the situation really is for the west. Hell Iran has the 14th GDP in the world. That’s truly amazing considering sanctions. It produces so much domestic product it now can rebuild Venezuela’s old oil refineries even though it produces oil of its own. Then there is the truth that Iranians get a free car. Ok it might not be a V8 muscle car but it does the job. Hell even North Korea gives a free home to marriage certificate holders. Ok it might not be a McMansion but it has a flush toilet and keeps the rain out. Has bedrooms and is modest.
See Eurangloland lives in what’s called a fire economy. Finance (debt) Insurance (reinvestment) real estate (supposed growth and superannuation). Those immigrants that want a better life in the west and are prepared to work for it can’t believe how hard people work here just to stay afloat. I laugh I see westerners especially here in Aus buy tin boats and go fishing on weekends it is freedumb. Their bubble cars and four wheel drives that cost amazing sums. The better the look the more hard core you are in your freedumb especially those tatts man. I know they got the t-shirt to prove it. However ol Klaus says no no no none of that if you want to go fishing you’ll need a permit and if you’re lucky and good boy you might get four a year to exit your zone. Ol Klaus ol boy ffs bring in permits for tatts I’m sure somewhere somehow in some computer generation it is bad for the climate. Hehe