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Date: 2024-10-31 Page is: DBtxt003.php txt00023162
THE RUSSIAN ECONOMY
MANY DEEP PROBLEMS

Joe Blogs: RUSSIAN Report Forecasts ECONOMIC COLLAPSE - Deep & Prolonged RECESSION for RUSSIA as SANCTIONS Bite


Original article: https://www.youtube.com/watch?v=sL3EysuSniQ
Peter Burgess COMMENTARY
This discussion is along the lines of what I 'want to hear', and seems to be along the lines of what I have been expecting to hear because of all the steps that have been taken to get to this point.

My hope is that one of the lessons that world leaders will learn from Putin's Russian aggression in Ukraine is that war is very expensive especially when you lose a war that you start. I agree with those leaders that are saying that it is vital that Putin loses this war so that aggression does not become a new normal for angry national leaders around the world.

Years ago I was in Africa when the UK under Prime Minister Margaret Thatcher pushed back against the Argentinian military attack on the Falklands (Maldives) thinking that they could take it over from the British because they had the military power. The British objected because under established international law, it was a British possession, albeit near Argentina. As a 'Brit' I was expecting my African colleagues to give me a hard time over Thatcher's strong response to repell the Agentinian attack, but in fact they were in support of the hard response because as they explained to me, many of their countries were next to big armies in neighboring countries and they did not want to see a world where a big army was more important than the international rule of law.

This video describes how badly the Russian economy is probably impacted by Putin's aggression and the strong response there has been from NATO and Western allies.
Peter Burgess
RUSSIAN Report Forecasts ECONOMIC COLLAPSE - Deep & Prolonged RECESSION for RUSSIA as SANCTIONS Bite

Joe Blogs

Sep 14, 2022

137K subscribers ... 134,382 views ... 14K likes

An INTERNAL LEAKED REPORT prepared by the Russian Authorities for President Putin states that Russia is FACING a DEEP & PROLONGED RECESSION due to Loss of Markets, Lack of Technology, Shortages of Imports. Reduced Investment & Brain Drain. In this video I share the details of the Report, analyze the Findings and provide my views on the likely outcome. Has Russia ADMITTED that it is HEADING FOR OBLIVION?

Chapters:
  • 0:00 Intro
  • 2:25 RUSSIAN INTERNAL REPORT
  • 3:19 GDP
  • 5:59 EXPORTS
  • 7:28 TECHNOLOGY
  • 8:11 INVESTMENT
  • 9:27 ECONOMIC DRIVERS
  • 10:43 IMPORTS
  • 14:51 NATURAL GAS
  • 19:19 OIL
  • 22:55 SWING SUPPLIER
  • 25:38 METALS
  • 27:19 FARMING
  • 28:30 AVIATION
  • 30:10 MACHINERY
  • 31:10 PHARMA
  • 32:43 BRAIN DRAIN
  • 34:58 SUMMARY & CONCLUSION
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