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To: Kazan; cranked
Both of your accounts spamming the same thread? did I hit a nerve? Thank you for the Badge of Honor.

Since you are too busy spamming to pay attention to the content, this is not about the battlefront.

This is about the Russian economic outlook.

TLDR: the Russian economy has a high risk of collapsing and staying down for years.

But that's above your pay.

33 posted on 10/07/2022 3:30:52 PM PDT by Widget Jr (🇺🇦 Sláva Ukrayíni 🇺🇦 - Just say no to CCCP 2.0)
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To: Widget Jr

Never underestimate Russia’s ability to recover from their losses.


35 posted on 10/07/2022 4:33:19 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: Widget Jr
This is about the Russian economic outlook.

Good point. So to add some info relevant to the topic. Russia international monetary reserves have decreased by about 100 bln USD since their invasion of Ukraine in February (from 643 bln USD on February 18th to 540 bln USD on September 30th). They decreased by about 25 bln USD during the month of Spetember, so the pace of Russia losing its reserves is definitely increasing.

All this data comes from the official internet service of the Central Bank of Russia: http://www.cbr.ru/eng/hd_base/mrrf/mrrf_7d/.

So much for Russia supposed ability to replace lost revenues from the West with export to China and India. And it is going to get worse. If the world economy really slips into recession, what happens then? One of the first consequences of recession is sharp decline in demand for basic raw materials.

So if Russia really tries to ignite global recession that's purely suicidal move - they will be hit hardest. For once their economy is already in deep recession (we can debate whether Russia GDP will contract by 5, 7 or 10% this year but even the smallest number is very bad - and much worse than in Western Economies) and if recession really hits European Union or US, Russia wll be hit even harder.

38 posted on 10/07/2022 5:47:56 PM PDT by JackTom
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