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Russian economy is suffrering

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  • Center Left
    Independent
    Central, FL
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    I was just watching CNN and they did a story saying in Russia, the Ruble's in trouble. Interest rates are up and the economy is suffering.
    The govt. is changing health care coverage which means some hospitals are closing and doctors are losing their jobs. Citizens are not happy
    about the changes. One woman interviewed said "They don't have medicines but they have money for war in the Ukraine" . As it's 1:30 am est
    I'm hoping there will be much more detail on the news later today.
    Currency fell 11% yesterday.
    Lower oil prices are having a negative effect on the economy.
    Putin remains strong and popular as he controls all media.
    Many are suggesting a recession is coming.
  • Liberal
    Other Party
    Llos Angeles, CA
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    Mr. Putin.....BURN THIS BITCH DOWN..he needs to go do another photo shoot
  • Liberal
    Independent
    Durham, NH
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    Time for him to ride bareback, naked, for a new photo shoot through the old Soviet Republic. Perhaps they can put together a 2015 calendar of him in every gulag?
  • Independent
    Ft.myers, FL
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    Jokes won't help; this is a serious matter; see my thread about "oil" .An unbalance in the economics of the world will also have an effect on us. Guess on how WWII started; the German economy collapsed after WWI; this created the oppertunity for Hitler to create the Reich. The rest is known.

    Most wars start ( if not religious) due to recessions and devaluations having its effect on income, work, living standards. In those cases a "dictator" looks for ways and means to get the attention of such situation and may start a war." L'histoire ce repette"
  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    Dutch is right. The Russians are proud people and very nationalistic when they perceive that the USA and Europe sanctions are hurting them personally. Putin will get a pass. The last poll I saw, Putin's approval rating in Russia stood at 83 percent.

    Putin is unpredictable, and if the Russian economy collapses, don't count on Putin to repent to Obama or Merckel. He is dangerous when cornered. His brain is wired differently, and we should not expect any satisfaction by rubbing it in his face. We might yet have to bail them out.
  • Liberal
    Other Party
    Llos Angeles, CA
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    No sir, I in this very forum stated "Russia ain't got no money"...people replied that I needed to go back to school. Russia's been broke. Band aids and Putins bullshit moves gave a perception of this "MIGHTY RUSSIA"

    They were never really able to embrace western capitalism after the wall came down,,,and trust me, that wall came down because they were broke. I could care less about Russian nationalism, they made their bad......now go have some vodka and sleep in it.

    What did Russia ever really produce economically? They built an entire economy on War only. Oil and guns...What else? Caviar? other countries produce vodka so what is Russias economy built on? What do they export? They don't even have a tourist industry. What services did they provide?

    Help me out here
  • Independent
    Ft.myers, FL
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    L.A. just one question; who transports astronauts to the spacestation? They are not so backwards as you describe.
  • Liberal
    Other Party
    Llos Angeles, CA
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    Dutch Wrote: L.A. just one question; who transports astronauts to the spacestation? They are not so backwards as you describe.
    That technology has been around for a while. Wasn't that one of their engines that just blew up that private space craft? That rocket was 50 years old...
    Once again, other than war and oil...what does Russia produce globally for the world? What Industries are they the leaders of?
    Germany just landed a washer machine on a comet 300 billion miles away.....what the hell has Russia done? They couldn't even set up the Olympics correctly.
    Maybe we're looking at two different situations.....you can't rule the world if you can't maintain your missiles....Russia has never impressed me at all. They couldn't even defeat germany,,,,,the weather did that.....they were in retreat.
    Russian pride??? they had a few good gymnasts, and that huge fat weight lifter in the seventies.
  • Strongly Liberal Democrat
    Democrat
    Portland, OR
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    Schmidt Wrote: Putin will get a pass. The last poll I saw, Putin's approval rating in Russia stood at 83 percent.
    I agree. It also helps when the state operates all the media outlets and can control all the information that is and isn't reported.

    Schmidt Wrote: Putin is unpredictable, and if the Russian economy collapses, don't count on Putin to repent to Obama or Merckel. He is dangerous when cornered. His brain is wired differently, and we should not expect any satisfaction by rubbing it in his face. We might yet have to bail them out.

    He is one of the most unpredictable 'major' leaders I've seen in a long time, but I put major in quotations because the one and only reason he is a major leader is because his country has a hell of a lot of nuclear weapons. Their economy is not diversified; their politics is rife with corruption that makes American corruption look like child's play; and their military is only capable of bulling small former satellite states that have long been under their influence in the first place. I'm only worried about his unpredictability because of the thousands of nuclear weapons he has his hands on, but he has to be well aware of the death sentence using one of those would bring to his entire country (and the world.)

    I also agree that Putin won't back down and will most likely act like a wild animal that is cornered into a box if the West doesn't approach the pending collapse of the Russian economy in an appropriate way. If the West overreaches then I could totally see Putin doing something really stupid, like invading all of the Ukraine or shutting off the gas pipelines that feed into continental Europe.

    Regardless of Putin's actions--we should really praise President Obama for playing the long game with him. I recall many members on this website lambasting Obama's response to Putin as weak and idiotic. They insisted that sanctions would never work and that Putin could never be stopped. Where are all of those people now that Obama's policies have largely been proven right?
  • Liberal
    Other Party
    Llos Angeles, CA
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    Jared,

    i believe Putin is unpredictable only because we can't keep him in check. Trust me, having no money will keep him in check. I always here this talk about Russian Pride...what pride would that be? Russia can sure tell a lot of truly sad stories: such as their own ruler killing 30 million of his own people. Millions dead from wars and famine. That isn't pride, thats sadness.

    Other than put that Billionaire in prison and take his oil company..what has he done to think he deserves some type of respect in the world. He's trying to take Russia back to what glory? please tell me. I must have missed this part in my reading. Are Russians talking about when they invaded their neighbors in the forties and subjected them to their rule? Is that the pride people speak of ?
    You see anybody that wants to live in a dismal past is going to have a dismal future. Am I the only one that sees this.
    Russia is and has always been a jealous country. The wall wasn't built to keep people in, it was built to keep people out. You werrye correct when you mentioned Russias corruption...they couldn't even trust each other so they put that wall up and scared their own people for the last 60 years. terrified of our spies going in there and taking whatever it was we needed (information).Theycreated the KGB to keep their own people in check...Always there watching..

    They could have created big industry...auto manufacturing, tractors, textiles....but no, corruption and fear of their ghosts......MOTHER RUSSIA.
    With their past, I wouldn't be bragging.

    Our country at least at a moment in time did the right thing and made some sound choices....we had geniuses, inventors,vision,,,,,thats pride, this country produced many great individuals that made sound contrbution to the world.......that's the difference. I love individuals in our past in this country...not our government
  • Center Left
    Independent
    Central, FL
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    L.A.,
    One reason that I think (That they have no thriving industries) is because the govt. guarantees everyone a job so there's no reason to try harder or advance. To employ everyone, you often have 100 people doing what 70 Americans could accomplish.
    The sanctions have cost them 40 billion dollars this year. The drop in the market price of oil (because of over production) has cost them 200 billion dollars this year.
  • Liberal
    Other Party
    Llos Angeles, CA
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    Tony Johnson Wrote: L.A.,
    One reason that I think (That they have no thriving industries) is because the govt. guarantees everyone a job so there's no reason to try harder or advance. To employ everyone, you often have 100 people doing what 70 Americans could accomplish.
    The sanctions have cost them 40 billion dollars this year. The drop in the market price of oil (because of over production) has cost them 200 billion dollars this year.
    correct, but that doesn't preclude the government from being number one at something. Even food....what food does russia prepare that you'll go out and look for? Nothing. Damn, even the British are known for Mutten.
    most countries have at least one thing that we want....but Russia...NADA
    Think about it for a moment......Nothing they produce we want. A sad, spiteful, corrupt, tasteless, distrusting country....mad at the world.
    OH well
  • Independent
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    l.a. is right in that russia produces not much we are interested in. however europe is interested in what russia has. putin phucqued up. instead of rebuilding his nation's economy he has been riding the high of energy prices. now he is losing that at least for the moment and he will and indeed has returned to saber-rattling in the ukraine.

    when the ussr collapsed both under its own weight and through the demands of its citizens the west missed an opportunity to help build a russia that would be stable. instead shock doctrine was imposed and the result is a criminal oligarchy combined with autocracy. as long as particular criminals are acceptable to putin and they don't anger him then they are free to engage in their enterprises. their internal agitprop of restoring russian pride is effective inside russia. we do the same here with our exceptionalist blather so what putin is doing is no surprise. unfortunately for him and really for europe as well he is running out of money. and as for the ruble collapsing didn't soros try to crash the british pound at one time? currency manipulation is a very real issue.
  • Liberal
    Other Party
    Llos Angeles, CA
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    NPR stated that Russia needs 145 dollars per barrel just to pay their bills. There's your Russian Pride.
    And in this country, American pride so strongly in the south....Go get some teeth Billy Bob before we can BBQ. Funny as hell. These hillbillies talk all that shit and can't even get dental coverage.

    Jesus must have been toothless to allow so many Jack-o-lanterns in his great land
  • Center Left
    Independent
    Central, FL
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    The reason oil has dropped from about 100.00 per barrel to 60.00 is because this crap we're importing from Canada. The Saudi's are worried that it's going to cut into their share. So they have increased production. It's screwing Russia though.
    I recently heard that Venezuela has as much oil as Saudi Arabia (True ? I don't know). It's a shame though that we can't repair relations and start buying oil more locally.