Posted on 08/05/2025 12:30:54 PM PDT by marcusmaximus
The rift between Moscow and Washington looks set to deepen after U.S. President Donald Trump said Tuesday that Russia's economy "stinks" and that lower oil prices will hammer President Vladimir Putin's oil-funded war machine.
"Putin will stop killing people if you get energy down another $10 a barrel. He's going to have no choice because his economy stinks," the president told CNBC's "Squawk Box." on Tuesday.
(Excerpt) Read more at cnbc.com ...
You’re living in the past, Ivan.
Didn’t Blackrock pull out of their seeking investors deal with Ukraine....... and they don’t own land there.
“Of course it’s sitting in the ground and getting it out is a very different story, but Russia isn’t in quite the economic disaster some people are so sure of”
As your friend says, if you can’t hold it in your hand, you don’t have it.
“Russia’s 4.3% growth rate last year was better than any year we’ve had this century with exception of 2021, when our economy grew an unnaturally high rate after being restrained by the Covid pandemic in 2020.”
That was last year. They will be lucky to get 1.0% this year.
That is, they don’t own agricultural land, foreigners can’t.
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