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Russia's economic growth is masking a looming 'economic catastrophe,' researchers say
BUSINESS INSIDER ^ | Aug 20, 2024, 3:12 PM | Jennifer Sor

Posted on 08/22/2024 7:16:29 PM PDT by UMCRevMom@aol.com

"Russia's wartime economic boom is masking much deeper problems, according to a group of researchers.

The authors of a recent article, who hail from institutions including the Yale School of Management, the Wharton School, the Carnegie Endowment, and the Kyiv School of Economics, cast a stark warning for Russia's economic situation despite the nation posting strong growth numbers since its invasion of Ukraine in 2022.

Russia's economy is expected to expand another 2.4% this year, according to figures from the International Monetary Fund. However, much of that growth stems from the Kremlin's wild spending spree, and Russia's economy is hindered by a number of problems that could set it up for trouble in the long run, the researchers said.

"The reality of Russia's economic situation is far more complex and concerning than some would have you believe. The productive core of the Russian economy has been severely compromised," the group wrote in an op-ed for Fortune this week.

Russia has been spending heavily on its military and defense sectors, setting a record military budget for 2024. But that spending has come at a cost to Russia's private sector, some economists say, with other areas of its economy being slammed by a severe shortage of workers as resources get funneled into Russia's invasion of Ukraine." Excerpt

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Miscellaneous; Reference
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To: Candor7
Just how is Putin's foolish and arrogant decision to invade Ukraine NATO's fault? That is on Putin and Russia.

With the advantage of NATO's support, Ukraine has the backing of the world's most advanced economies and most potent militaries and weapons makers. Ukraine therefore has staying power that Russia lacks.

Russia and Putin do not have a year's left of fight to give. My estimate is that the Russo-Ukraine war will be over, with Ukraine victorious, Russia defeated, and Putin dead or otherwise out of power.

141 posted on 08/25/2024 6:13:37 AM PDT by Rockingham
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Comment #142 Removed by Moderator

To: bimboeruption

“When are you going to come up with a new meme”

Really? Your re-tread memes are famous :)


143 posted on 08/25/2024 8:07:58 AM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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To: All

Excerpts from the Ukrainian 10-point peace formula President Zelensky outlined:

1. RADIATION AND NUCLEAR SAFETY
Russia must immediately withdraw all its militants from the territory of the Zaporizhzhia Nuclear Power Plant. The station must be immediately transferred to the control of the International Atomic Energy Agency and Ukrainian personnel. The normal connection of the station to the power grid must be restored immediately so that nothing threatens the stability of the reactors.
The same goes for the crazy threats of nuclear weapons that Russian officials resort to. There are and cannot be any excuses for nuclear blackmail.

2. FOOD SECURITY
the initiative, Grain From Ukraine has already begun. Ukraine can export 45 million tonnes of food this year. And let a significant part of it be directed to those who suffer the most.
Each country can join with a specific contribution and become a co-creator of the victory over hunger and the food crisis.

3. ENERGY SECURITY
About 40% of Ukraine’s energy infrastructure was destroyed by strikes of Russian missiles and Iranian drones used by the occupiers.
A related goal of this terror is to prevent the export of our electricity to neighboring countries, which could significantly help them stabilize the energy situation and reduce prices for consumers.
I thank all our partners who have already helped Ukraine with the supply of air defense and missile defense systems. This allows us to shoot down some of the Russian missiles and Iranian drones.
If Russia is trying to deprive Ukraine, Europe and all energy consumers in the world of predictability and price stability, the answer is price restrictions on Russian energy resources & forced limitation of export prices for Russia.

4. PRISONERS and DEPORTEES
Thousands of UKRAINIANS – military and civilians – are in the Russian captivity being subjected to torture.
In addition, 11,000 children know by name were forcibly deported to Russia. They are separated from their parents in full knowledge that they have families.
Additionally, hundreds of thousands of deported adults and political prisoners are held in Russia and in the temporarily occupied territory as well as in Crimea.
We must release all these people.

5. UNITED NATIONS CHARTER AND UKRAINE’S TERRITORIAL INTEGRITY
The validity of international law must be restored without any compromises with the aggressor. The UN Charter cannot be applied partially, selectively or at will.
Russia must reaffirm the territorial integrity of Ukraine within the framework of the relevant resolutions of the UN General Assembly and the applicable international legally binding documents. It is not up to negotiations.

6. RUSSIAN TROOPS AND HOSTILITIES
Russia must withdraw all troops and armed formations from the territory of Ukraine. Control over all sections of Ukraine’s border with Russia must be restored. This will result in a real and complete cessation of hostilities.

7. JUSTICE
The world should endorse the Special Tribunal regarding the crime of Russia’s aggression against Ukraine and create of an international mechanism to compensate for all damages caused by this war. Compensation at the expense of Russian assets because as the aggressor must be responsible to do everything to restore the justice it violated.
A resolution of the UN General Assembly regarding an international compensation mechanism for damages caused by the Russian war has been proposed and endorsed.

8. IMMEDIATE PROTECTION OF THE ENVIRONMENT
Millions of hectares of forest were burned by shelling. Almost 200,000ha of Ukraine land is contaminated with unexploded mines and shells.
I thank all the countries that are already helping us with de-mining. However, there is an urgent need for increased number of equipment and experts for these operations.
Funds and technologies are also needed for the restoration of water treatment facilities.

9. PREVENTION OF ESCALATION
Ukraine is not a member of any alliances. Russia was able to start this war precisely because Ukraine remained in the grey zone – between the Euro-Atlantic world and the Russian imperialism.
An international conference should be held to finalize the key elements of the post-war security architecture in the Euro-Atlantic space, including guarantees for Ukraine. The main outcome of the conference should be the signing of the Kyiv Security Compact.

10. CONFIRMATION OF THE END OF THE WAR
A document confirming the end of the war should be signed by the parties when all the anti-war measures are implemented and security and justice begin to be restored.
States ready to take the lead in this or that decision can become parties to the arrangement


144 posted on 08/25/2024 8:20:31 AM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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145 posted on 08/25/2024 8:20:43 AM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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To: UMCRevMom@aol.com
>>>>Really? Your re-tread memes are famous :)<<<<<

The reason I use them multiple times is because I know they drive zeepers, especially you, up the wall.

You're all so thin-skinned.

trumpthinskintext4a22b8619d7f7e06.jpg

146 posted on 08/25/2024 9:22:29 AM PDT by bimboeruption (“Less propaganda would be appreciated.” JimRob 12-2-2023)
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Comment #147 Removed by Moderator

To: bimboeruption

PONDER:

“They’ll Know We Are Christians By Our Love”
Tommy Walker Ministries
https://www.youtube.com/watch?v=6qSRAliF5Sk

I’ve known this song my whole life and as every decade has passed we have always said, “now, more than ever before we need to show the world our unity and love!” Well, in light of our divisive politics, pandemics, wars, and the ability to show off our hatred so easily online, I’m gonna say it again. Yes, more than ever! The way the world will know we are Christians and that Jesus is the Messiah is through our love!

I pray that this new arrangement of this old song will help remind us: what matters most isn’t how much we know but how much we love!

– Tommy Walker

John 17:21 I pray that they will all be one, just as you and I are one—as you are in me, Father, and I am in you. And may they be in us so that the world will believe you sent me.


148 posted on 08/25/2024 11:46:31 AM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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149 posted on 08/25/2024 11:46:46 AM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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They’ll Know We Are Christians by Our Love
(Boyd Family Singers, March 19, 2019)
https://www.youtube.com/watch?v=lyqLzAnfqa4

Amen May it be so.


150 posted on 08/25/2024 11:47:04 AM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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To: All

PONDER

“However, we are mostly Freedom loving Judeo-Christian conservatives here. We do not and should not want supervision. Our Father in heaven gave us free will and the freedom to converse (within certain rules and guidelines) and he is watching over us (and taking notes).”

157 posted on 8/11/2024, 1:43:44 PM by Jim Robinson (Resistance to tyranny is obedience to God.)
https://freerepublic.com/focus/chat/4257750/posts?page=157#157


151 posted on 08/25/2024 11:56:24 AM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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To: UMCRevMom@aol.com
>>>>“They’ll Know We Are Christians By Our Love” Tommy Walker Ministries<<<<

Another obvious attempt by the purveyor of propaganda and warmonger "REVEREND", to show everyone how holy she is.

serpentgardenofedendevilcites.jpg

152 posted on 08/25/2024 12:31:54 PM PDT by bimboeruption (“Less propaganda would be appreciated.” JimRob 12-2-2023)
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To: UMCRevMom@aol.com

Gee “REVEREND”, you use Jim’s post to ANOTHER FReeper to wag your fat finger at ALL of us.

Why don’t you use Jim’s posts to YOU to wag your fat finger at YOURSELF? (See below.)

PONDER

To: UMCRevMom@aol.com

Respectfully, this is America. Christian America. Our history does not include ‘GLory’ to anyone other than to God. All Glory to God.

Less propaganda would be appreciated.

43 posted on 12/2/2023, 11:36:05 PM by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: UMCRevMom@aol.com

As I said, less propaganda would be appreciated.

48 posted on 12/2/2023, 9:50:52 PM by Jim Robinson (Resistance to tyranny is obedience to God.)
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153 posted on 08/25/2024 12:44:07 PM PDT by bimboeruption (“Less propaganda would be appreciated.” JimRob 12-2-2023)
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To: Rockingham

Just how is Obanas’s foolish and arrogant decision to demographically invade using Arab Spring generated refugees accessing Russia not NATO’s fault?

Putin occuppied Crimea and the Eastern Ukraine for a reson, one whichi seems to escape most Westerners.

That is on NATO and Obama and Biden all of home failed to follow the Helsinki Accords.

This is a created war, one purposefully designed by Biden and NATO to be a war of attrition, which will be their money pump for generations.

Trump will end this giant money laundering operation.

Do not think for an instant that NATO and Obama.Biden are approaching the world as a strictly defensive organization. Obma ised NATO to destroy Libya strictly for ideological reasopns, Gadaffi was a US ally.

So shake your indignat trope of Freedom somewhere else. Biden and NATO are in the wrong. Putin acted to protect his nation and its sovereignty.And Biden goaded Russia to ct with his weakness antics in Afghanistan. Biden needed another war for a money pump, Afghanistan was not doing that and so he cashed in Afghanistan and our allies, and made sure that Ukraine became a war zone,and then Biden made sure that Ukraine did not receive sufficient support to attain victory...he dribbled it out so the war became one of attrition while the cash from the ordnance industry flowed into Democrat coffers.

This meme of Putin the ogre invader is a joke. Yes he began the war, but Biden created the circumstances for that to happen,and Putin took the bait.

What a laugh. Obama thought he could get his revenge on Puti for ruining his Arab Spring.But now all Obama and Biden have is a royal mess that keeps pumping money to their party, at the risk of nuclear war.

A pox on both Biden and Obama.....the earth would be better off without them.

Soon to end.


154 posted on 08/25/2024 4:34:42 PM PDT by Candor7 (Ask not for whom the Trump Trolls,He trolls for thee!),<img src="" width=500</img><a href="">tag</a>)
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To: Candor7

So, when Putin invaded Ukraine, he did so because Obama made him do it?


155 posted on 08/25/2024 6:30:40 PM PDT by Rockingham
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To: Rockingham

No one makes Putin do anything, Obama baited the bear and lost.


156 posted on 08/26/2024 2:13:38 AM PDT by Candor7 (Ask not for whom the Trump Trolls,He trolls for thee!),<img src="" width=500</img><a href="">tag</a>)
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To: Candor7

Putin’s graduate thesis, prior moves, and military buildup all indicated that Ukraine was always in the crosshairs. Fortunately, Ukraine and NATO saw it coming and Ukraine got enough weapons and training to humiliate Russia and Putin.


157 posted on 08/26/2024 5:04:04 AM PDT by Rockingham
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To: UMCRevMom@aol.com
Regarding the removed post 147:

hitanervemomgif2.gif

I didn't know you were so sensitive about your weight.

158 posted on 08/26/2024 10:15:54 AM PDT by bimboeruption (“Less propaganda would be appreciated.” JimRob 12-2-2023)
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To: bimboeruption

“Regarding the removed post 147.
I didn’t know you were so sensitive about your weight.”

Apparently I’m living rent-free in your head!

Amazingly, you rather post on your assumed projections of me while completely failing to comment on post topic.


159 posted on 08/26/2024 4:01:19 PM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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160 posted on 08/26/2024 4:01:41 PM PDT by UMCRevMom@aol.com (Pray for God 's intervention to stop Putin's invasion of Ukraine 🇺🇸)
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