Posted on 01/07/2024 11:37:32 AM PST by Eleutheria5
Time to talk of Russian economy results in 2023.
Search in video 0:01 2023 is over economy-wise there are two opposite opinions of economic scientists 0:08 talking of Russian economy one opinion Russian economy has 0:14 with stod unprecedented pressure unprecedented sanctions and 0:20 recovered um growing and is generally doing well another opinion Russian 0:28 economy is not doing doing well whatsoever and it'll be declining in the 0:33 future my opinion is well let me tell you my opinion in today's live stream 0:40 and in the next stream on Sunday January 7th I will continue with my economic 0:46 forecast and predictions for 2024 please write them down and we will 0:55 analyze them at the end of this year economic results for 2023 today the 1:02 forecast for 2 Search in video 0:01 2023 is over economy-wise there are two opposite opinions of economic scientists 0:08 talking of Russian economy one opinion Russian economy has 0:14 with stod unprecedented pressure unprecedented sanctions and 0:20 recovered um growing and is generally doing well another opinion Russian 0:28 economy is not doing doing well whatsoever and it'll be declining in the 0:33 future my opinion is well let me tell you my opinion in today's live stream 0:40 and in the next stream on Sunday January 7th I will continue with my economic 0:46 forecast and predictions for 2024 please write them down and we will 0:55 analyze them at the end of this year economic results for 2023 today the 1:02 forecast for 2024 in the next stream howdy howdy everyone my name is 1:08 Constantine....
(Excerpt) Read more at youtube.com ...
Well that Huge Cyclon blizzard that hit them a few weeks ago, breaking records for Moscow, certainly put a shut down to businss and various other means of revenue producing entities. No doubt that will affect thier economy numbers.
As Konstantin also explains, on the civil side, the costs of everything goes up as the Ruble is devalued, and imports have to go through circuitous means because of sanctions (Turkey buys a sh!tload of Nikes, and re-sells 3/4s of them to Russia under the table), production of such essentials as eggs becomes more costly, but the price of eggs can only be hiked according to law by 33% every six months. So the egg producers go out of business and now eggs have to be imported. Factories are making war kit, and workers are unavailable, either because they’re out fighting in Ukraine, or because they hauled a@@ to other countries to avoid fighting in Ukraine, or because they died in Ukraine. So while the war-time production is way up and paying good wages, the civil side of the economy is in the toilet, but between the two sides of the economy, you have an average GDP growth of 3%, which looks great, only what it really means is that the civil side is depressed, while the war-time side is hyper-stimulated...for now. Once that’s over and the war ends one way or another, the other shoe has dropped. In this context, the ridiculous plan announced to invade Uzbekistan (after or during the invasion of Kazakhstan?), makes sense, sort of. Perpetual war would keep this crazy economy afloat.
And we are the World's reserve currency. What do you think a 34 trillion dollar national debt, coupled with a 212 trillion dollar unfunded liability will look like when, not if, that implodes?
Will China leave behind its economic woes in 2024?
After China’s long campaign against covid-19 and its disappointing reopening this year, the sentiment is popping up again. China’s growth prospects seem “structurally” weaker—one reason why Moody’s, a rating agency, said this week that it might have to cut the country’s credit rating in the medium term.
So, which economy is the most likely to fail in the most spectacular fashion?
I think we can travel around the globe assessing the economy of each nation & give a pretty grim report on all, except perhaps Ukraine which has all their expenditures covered by US taxpayers..
So, what point exactly are you trying to make?
“And we are the World’s reserve currency. What do you think a 34 trillion dollar national debt, coupled with a 212 trillion dollar unfunded liability will look like when, not if, that implodes?”
When that finally comes due, sh!t will fly. But that is not happening next year or the year after, because the American economy has depth, and it’ll take a long time until all the water is out of the pool, which means there is time to plan and prepare if wiser people take over the helm and do the preparations, which is very if-ish, but as I said, there’s plenty of time still. But Russia? It’s still run by oligarchs and corrupt politicians, and Putin is both. Ukraine is on the mend, but the oligarchs and the corruption is still huge there. It’ll take years and years still, but if they survive the war, they can become a normal country one day. Both Russia and all its former Republics are still badly damaged by communism, including Ukraine. I speculate on a small scale in stocks and commodities. I’d say that Russia’s chart is trending violently downwards, and the US is trending downwards but at a leisurely pace, but Ukraine is trending upwards, but not fast enough yet. Their curve is accelerating somewhat, I think.
But there is no guarantee as to how long the U.S. economy will continue. Only propaganda exists to prop up the ecomy here..
Official NFP on Friday showed grow of .13%. That’s supposed to be good news? As a result gold went into a nose dive, and I was able to cash in my tiny short positions. And I left my tiny long positions to hit their automatic profit taking Friday night at 2058 per troy ounce, when the market said: “Huh? WTF! .13%?! That’s it?” And it paid off beautifully. Sweetest trades I’ve done in a long time. Tonight when trading recommences, gold will probably go down some, when they figure that interest rates will stay high, strengthening the dollar and weakening gold. The Fed is waiting for unemployment to climb some before loosening the money supply and uplifting gold again.
Like you, most are either taking the quick profit, or they are shorting.
But the only ones making the real profits are the elites who control the markets. They were the ones who most likely made the market price decline. Make the very large profit & drive down the price back down, buy large quantities to drive the price back up, rinse & repeat, over & over.
Remember Occam’s razor. The elites don’t control the market. It’s supply, demand, and perception. The elites react to those forces, the same as everyone else. If the elites controlled the market, how did George Soros lose a billion dollars in 2016, betting on a crash when Trump was elected, and shorting everything. How did the Robin Hood platform upset all the hedge funds a couple of years ago. The hedges wanted to short a stock, and the Robin Hood small investors went long and messed with them successfully.
Yeah right. Nice try. It’s been proven that the markets indeed can be controlled, especially when there is no one who is policing the market.
<p.
One method is the pump & dump method, which the elite constantly use & abuse, and get away with it. Because it is too hard to prove. As far as anyone can tell, they look like normal transactions.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.