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To: BobL

You read too many missives from the Kremlin. That was not propaganda but a statement of fact looking at the Russian budget for 2022 and 2023

“S&P Global Commodity Insights estimates Russia’s fiscal breakeven oil price at $114/b in 2023, up from $64.47/b before its invasion of Ukraine, as the Kremlin’s outgoings to fund the war add to its overall budget spending.”

The top exports of Russia are Crude Petroleum ($113B), Refined Petroleum ($81.8B), Petroleum Gas ($37.7B), Coal Briquettes ($19.1B), and Gold ($19.1B)

The oil and gas add up to 50% of exports.

The remaining includes heavily military equipment which is on hold as Russia can’t produce enough for itself, leave alone exports

https://oec.world/en/profile/country/rus#:~:text=Exports%20The%20top%20exports%20of,and%20Italy%20(%2422.2B).


9 posted on 04/08/2023 9:01:09 AM PDT by Cronos
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To: Cronos

This wouldn’t happen to be the same DOOMSDAY PREDICTING company from a year ago...when their economy was supposed to turn into Tatters, I tell you Tatters!!!

https://www.bloomberg.com/news/articles/2022-03-17/s-p-says-russia-debt-is-vulnerable-to-nonpayment-as-cuts-rating?leadSource=uverify%20wall


13 posted on 04/08/2023 9:20:21 AM PDT by BobL
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