I was 'immune', too, until they changed the measurements!
Posted on 02/28/2024 11:08:35 AM PST by canuck_conservative
A representative of the company told Russian news outlet RBC that the decision was made after Roscosmos lost almost 80 percent of its export income after losing orders and key partners due to the war in Ukraine. This year, it intends to sell its "non-core" assets ...
Borisov said in December that the company had lost contracts worth 180 billion rubles ($1.9 billion) out of 230 billion ($2.5 billion) as a result of the ongoing conflict in Ukraine and subsequent sanctions imposed on Russia by Kyiv's allies...
In October last year, Roscosmos appeared to admit that Russia's Luna-25 mission failed as it couldn't replace Western tech.
The company said the unmanned spacecraft Luna-25, which was expected to land on the South Pole of the moon on August 21, spun out of control and crashed into the moon's surface on August 19 due to a malfunction in the probe's control unit.
Russia has struggled to replace some of the sophisticated technology it imported from the West, such as microchips, since it was hit with unprecedented sanctions over the invasion of Ukraine...
(Excerpt) Read more at newsweek.com ...
My God, where do you think money comes from? It’s whimsical. An exchange on other countries, controlled by those governments would clearly have a different measurement. How could it not?
It’s whimsical. Only joules have an impartial measurement.
Yes, but they won't stay there...
This far better than being low on manpower, ammo and missiles like Ukraine is.
Does Canada even have a space agency?
It’s whimsical
Russian GDP is $2.2 trillion
New York is $1.5 trillion
Russia gdp per capita is $15323
New York’s gdp per capita is $75734
The commodity markets don’t care about joules.
The currency markets are the only truth in war.
16% is less creditworthy than junk bonds.
Russia is a gas station with an economy 1.5x NY and 140million people.
GDP is measured in pieces of paper created by whimsy.
In fact, if you look at the GDP equation, you will see G as a prominent contributor. Govt Spending. That’s 6.4Trillion this year. About 25% of GDP and since the Fed balance sheet is about 9T, that much came from thin air.
Russia has a Central Bank, but they have never really had to lean into QE — because, of course, they run such a trade surplus.
Conclusion, markets are manipulated by running annual enormous deficits of money created from nothingness. It’s not how to measure wealth.
Joules are immune to manipulation. It is a pure measurement.
I was 'immune', too, until they changed the measurements!
In the cold war with Russia, many Freepers have deserted America and taken up the Russian side.
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