Russia‘s economy is growing, why aren't sanctions stopping it? | DW News
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- čas přidán 14. 03. 2024
- Western sanctions were supposed to undermine Russia’s war in Ukraine and put a dent in its economy. Yet the country is expected to grow more this year than both the US and Euro Area. We’ll look at how Moscow has managed to build a wartime economy, in large part by defusing sanctions that challenged its oil revenues and access to critical components.
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#russia #economy #sanctions
That's what you get for overrating your importance and thinking the world can't do without you.
their economy is not growing, making a tank that burns in your war instead of selling it is not growth
So your choice would be full support of the austrian painter reincarnation. Congrats.
@@miroslavdusin4325no, but EU should tone down it's condescending attitude towards the world.
i dont get if this comment is pro or anti russian
Да всё нормально
This analysis is pathetic
Iran with a much weaker hand has managed to skirt all these sanctions for decades as attested by all the cutting edge components found on their missiles
And you think Russia can't do at least as well ?
That's BS!! Iran is a total basket case economy,!!
And Russia has the largest amount of Raw Materials in the world, endless territory, population, and very advanced sciences, technology and military.
Most importantly, it has trade with BRICS, the leading economic group in the world.
Components 👀 Made In 🇨🇳
@@timmy-wj2hcMake AFRICA 🌍 Great Again 🇷🇺
@@Booz2020did you saw Latest Huawei phone? It’s more advanced than Iphone although sanctions etc..
They have sanctioned Luis Vuiton bags exports and think Russia must be suffering badly.. 😂
We dont)
LV, Guggi, heck, even brands like Rolex, are still widely available in Russia. Sure, the price is 2X the price before. But let's not kid ourselves, your average Russian, who wasn't in the market for a $5,000 handbag, even before the sanctions, won't be bothered by the fact that the same handbag is now $10,000. Whereas if you are rich to the point where you have money coming out of your ears, the increased price is merely a minor inconvenience.
For example, Thailand has an import tax of 300% on cars. Most affordable cars an pickups sold in the country are produced there. However, when it comes to Porsches, Bentleys, and even Audi, they are all imported, and therefore cost 4X more than in Europe or the US. Regardless, people with money still buy them.
@@RealPolitik-dy4it 5000$ dollar bag must be made of red book animal)))
average bag here cost 100$ , mine leather bag 150$
India is re exporting Russia oil. Oil is refined in I Dua and reshipped to UK, EU etc..
@@romanfedotov1152 You know how it is, you pay for the name on the bag, and not the quality of the bag. When your bag has “Gucci” or “LV” on it, that is a signal to the other plebeians on the bus that you are in fact a big shot, and not a plebeian like them.
What sanctions? 80% of the world didn't introduce sanctions. 😅
They think there are only sea dragons and "hairy people" (monkeys).
EU is the biggest economy in the world, what are you smoking there Boris?
90%
@zurabavaliani8101 India buys oil from Russia and sells it to smart Europeans at a markup
actually by population more like 90%
СПАСИБО санкциям, я сейчас смотрю ютуб без рекламы
I want the US to sanction Australia next
The sanctions failed miserably. Russia's economy is growing. They've made Russia and China closer than they've been. And with this decoupling, Russia may not be interested in reengaging with the West even after the war ends.
Russia requests the West to return the confiscated money. However, I thought the West had already stolen it.
If the west behaves like this, how can Russia trust the west?
I dont think that is true. They are exporting far less than before the war. The only reason the gdp is increasing is because of government spending. It is all being financed by their war chest. Once it runs out the war cannot continue. They have stopped infrastructure spending and are taxing their citizens more to fund the war machine. They are now importing refined fuels. It will all come to a head at some point. The big question is when and can the Ukraine hold out that long. It is difficult to find those numbers as Russia is keeping it a secret. I don't believe that other countries will lend them money to continue the war once the cash is gone. Who would do that?
❤exactly. Russia and the west are NOW DIVORCED for the long term.
Almost certainly not. They look at us as two faced snakes who say one thing and do another.
DW what’s happening with Germany’s 🇩🇪 economy. Let’s talk about that
Surpassed Japan and is now the 3 rd economy in the world 😅😅 what about that
@@micaeloliveira2727 By merit of yen exchange rate dropping, Germany had 6 consecutive negative quarters
@@infernoboi92 still the 3rd economy in the world and the world is a big place 😉 to be .
Stop being a hater 🚫 Germany is rich 🤑 rich and always overcame difficulties .
WW1 and WW2 😉
@@micaeloliveira2727you seem to have forgotten the Russian flag flying on Reichstag?
I just wonder if there's going to be any Reichstag left this time around?
@@micaeloliveira2727 not because German is thriving, but because Japan fall in recession harder than German
To state the patently obvious the Russian economy is doing far better than that of the EU - what did you expect considering it has all the commodities the world needs whereas the EU does not?
Adding insult to injury, the US has found a major buyer for it's LNG and making big bucks! 🤑
❤Precisely. It is as SIMPLE as that
It is only because the Russian State is pumping money into the system, ie for military equipment. Which does not add any value to the economy, and Russia can not keep this up forever.
EU is presently buying gas from India and China at higher than market prices.
I can't say for the others, but for Germany that is 2.something % of the energy market.
We see it as a kind of development aid.
I call it backfiring.😂
@@Chris66Mas ya sure and the Germans are going into the parks cutting trees for firewood. We had that last year already.
Next will be Northstream. Yawn.
They stole Greek history
They tried stealing Egyptian history
They tried stealing whole world history with steppe migration hypothesis
🤣
B@@krollpeter
It is more appropriate to call "Embargo" rather than "Sanction".
Different words could convey different outcomes. Like a quarantine being the same as a naval blockade, ie Cuban missles crisis. They probably just call sanctions because embargo could mean an act of war. They're basically the same thing, but countries are towing thins lines to avoid being at war, while mostly actually being at war in some form or another.
@@juanmata2837 It also depends who is levying them. "Sanction" will sound more appropriate if imposed by UN.
True, "the UN is levying sanctions on Russia" sounds a lot cleaner than "The UN is levying an embargo on Russia"
@@khushhalpakistanzindabad4680
No it's more appropriate to call it backfiring.
@@reno0405gBackfiring?
Oh...
I don't know how it will be in Russia, I know that prices have jumped in Europe, it seems that the sanctions against Russia are coming back to us like a boomerang!
❤exactly
Друг, я из России - жить после санкций стало только лучше. Многие ваши монополисты на нашем рынке ушли и наше внутреннее производство восстановилось. Я разработчик нашей внутренней системы учета и напрямую работаю с бизнесом - моя зарплата увеличилась вдвое, заказы на внедрение систем увеличились кратно. Спасибо вашем правителям, которые все потеряли после отказа от нашего газа, теперь разрыв в уровне жизни между нами совсем не значителен (это было частью вашей мощной пропаганды вашей успешности, а теперь мы и сами видим что мы не хуже)
Sanction made by USA against all the Europe to make us weak
Russia turns to war economy.
USA: Welcome to the club
As a 34 years Russian I could tell ya that this days life is better then ever. Construction sites everywhere, everything is new and so on. So dogs are barking and caravan is still going 😊
Russia is a very crucial country for Europe than Europe for Russia. Europe having Russia as its friend may have no parallels! But China, India and the US are taking the advantages
So essentially sanctions have made them so self reliant they’re not as heavily dependent on trade
Yup because russia is the richest country in terms of natural resources they can completely isolate themselves from the world and it won't affect them
Yeah, did you notice that countries who joined the EU and deals with the USA habe been going downhill rapidly since?
@@rickypv2978thats Just Not true, you can have all the resources in the world, If you dont have the Technologie to Supplement it, it wont Matter.
Rubbish - Russia relies on importing high end technology as its doesn't make much of its own. The Russian GDP makes them about the size of Italy or Spain. They are not a huge economy.@@rickypv2978
Faaaaaaacts 👍 😅
THANKS to the sanctions, I'm currently watching CZcams without ads
😅👍
Russia and china other asia country can exist or live w/o US,europe..
No they cannot, especially China, even now the Chinese economy is suffering with massive housing debt, high youth unemployment, and if the West stopped buying Chinese goods it Would certainly cripple the Chinese economy!!
LOL
😂😂China live by selling goods to west😂
Other Asia coutries dont want to ljve with China
@@RespawnMSouthern countries. Technology, market, energy. Highly complementary. Europe and America only have technology and smaller markets. In fact, Europe and America are in the minority.
India buy gas from Russia then sell it to Europe 😅
Dhanda hai bhai 😎🤝
Your welcome 😅
Don't tell it everyone. Let everyone think that Russia is under sanctions 😂😂😂
Indians are the real winners in this trade. They buy low and sell high.
Why ? I have the answer sir .
Because Russia have a «real » economic system . Not only based on
Printing bank notes , real estate speculation , and stock market games
and dont forget the major economic powerhouses: dog grooming, plastic surgery, sex change...
❤Precisely. In crisis what counts are REAL needs .
I want to see a detailed analysis of Russian sanctions damage on German economy, particularly on future perspectives.
Easy, higher prices for gas/coal in 2022, massive increase in spending for renewables, electricity prices have come down, global demand is down due to covid/high interest rates, so Germany is impacted by these, it's just unfortunate timing with Russia, but Germany doesn't have towns full of people with no hot water or heating in the middle of winter, that's Russia
@@ikt123 bro, people in Russia literally open their windows in winter because the centralized cheap heating cannot be regulated in their dwellings and it is too hot even at minus 20 outside temp. Where from did you schizophrenics got this info that people in smaller towns freeze to death? McDonalds academy?
@@ikt123 I bet Germany is really kicking itself for getting rid of nuclear power now huh?
@@ikt123 I laughed about the lack of water and heating, thank you. You can immediately see a person who knows the Internet, and not the real situation. It is immediately obvious that you have never been to Russia)
DW did not disappoint.... . Judging by the way you think in your distorted reality and, subsequently, produce these documentaries, I can understand why the sanctions on Russia aren't working.
Работают, но не так как хочется Вашингтону и Берлину
Санкции не работают, потому что они неправильные, а неправильные они потому что их вводили идиоты. В соревновании денег и ресурсов, ресурсы побеждают всегда, это база. Если тот у кого есть доллары прекращает покупать зерно, то от голода умрет тот у кого есть доллары, а тот у кого есть зерно будет больше есть...
Try and be specific as to what is wrong with what they are saying else you sound vacuous ie full of words but no depth.
They literally reported that Russia is doing well and you call it a distorted reality? 😂 I guess you'll never be happy
@@hand587He meant the last few reports from DW about russia. Is that so hard to understand?
So sanction is hurt yourself 😢
Slava TSMC 🇹🇼
no, the analysis was degenerate. Russian economy is hurting, you can't grow while making weapons which you then burn in your own without selling it.
Only against an exceptional economy like Russia
Sorta, but it's definately helped prop up the US gas export economy.
Looks like China just won by default thou. 😂
❤exactly
This is like claiming another man's
fish need ice while yours is rotting
how is Germany 🇩🇪 economy going ?
Splendid! I have no idea why the world thinks it needs to worry about Germany? We’re not the ones sending our young men into the meat grinder. 🍖
@@jansix4287 Nobody in the world cares about Germany. But Germany attracts everyone's attention as a model of stupidity and everyone is perplexed because Germany itself does not care about Germany. Germany, as well as Ukraine, sacrifices itself for the sake of an overseas host. Ukraine is sacrificing people, Germany is sacrificing its industry.
@alloutofbubblegum7271in your dreams! Russia is the biggest economy in Europe presently
@@MOSES04130Well what does russia trade besides, crude oil, gas, and uranium?
@@jansix4287 You will be told to enlist soon by Uncle Sam, your master
В России была по большей части сырьевая экспортная экономика. Работало все примерно так, из России вывозилось дешевое сырье в обмен на деньги, потом эти деньги выводились обратно на запад в обмен на акции, валютные резервы, недвижимость , оборудование и комплектующие. Т.е. и ресурсы и деньги оставались на западе. После введения санкций дешевые ресурсы остались в России, денег стало меньше, но и утечка денег из экономики прекратилась (спасибо персональным санкциям), все что вытекает из страны это расходы на оборудование и комплектующие ну пусть поступают они теперь с наценкой в 30%. Как итог Запад лишился дешевых ресурсов и вытекающего из России капитала, а Россия получила склады забитые ресурсами и капитал которому некуда утекать... интересная ситуация да? Более того еще и спрос появился... У тебя есть и ресурсы и деньги которые должны работать, да еще и спрос на продукцию военного назначения... и почему это экономика начала расти? С помощью санкций закрыв краники по выводу капитала и подстегивая Украину к бессмысленным боевым действиям, запад сам простимулировал рост экономики России. Создав идеальные тепличные условия для ее роста. У меня такое подозрение что в США экономисты начали о чем-то подобном догадываться, отсюда и изменение их подхода к Украине.
What do you mean exactly by change in approach to Ukraine?
@@daMacadamBlob Финансирование, вернее его отсутствие.
u have been sanctioning USSR/Russia for decades
Century
@@aeye9772 already longer...
There are two more aspects. First - blocking cash flows out of country economy, which increases internal investments. Second - "result focus production". I mean that result of some high tech projects (aviation, space, military etc) - was building the prototype, which was not real working product. It was just "virtual success report for state investor". Now because there is "motivated consumer as a solder on the front line" it becomes a system of "result focused" both corporative small military startups research and production which increases creative and productive potential which can be used in future in civil industry.
A further aspect is that the foreign businesses such as McDonalds and others have left and been replaced with Russian owned alternatives that are sourcing their products locally more often and spending their income locally.
They have also ignored the fact that Russia had one of the smallest national debts in the world - it never did rely on borrowing in the way that the West has become accustomed to.
@@Hereford1642 Compared to America's 32 Trillion, Russia literally has no debt
@@arthurmall4688 Many people conflate personal debt with sovereign debt. Western economies rely on debt to fuel growth. When their economies grow, investors get paid. This is what China wants. Sooner or later, you can only tap your own citizens for growth for so long that you need global investors. The U.S. dollar is still the world reserve currency by far accounting for over 67% of the world's transactions. As long as the world's economies believe the U.S. can service its debts and maintain a healthy and transparent economy, then they will keep investing in the U.S. dollar and purchasing American debt thus fueling its growth. Win-win for the U.S. and its bond holders.
Russia has no external debt because not very many countries believe Russia's economy has a future outside its own sphere of influence. When a nation has a lot of external debt with no one to buy it, then you end up like Greece and Argentina. So it is actually very smart of Russia to keep its external debts down, but that also means it is limiting its growth.
The Soviet education system is gone. They no longer have the system to make the engineers they had in the 20th century.
@@organizedchaos4559 'system' in this case is "people structure". If people with such type of mind are alive the structure will be possible to recover. This is so called "generations gap" and it was discussed a lot. Like 10 years ago there were engineering companies where 20 years guys worked with 60 years. In some cases it was solved. As I know there is a big state program to recreate engineering focused education. In fact it happen last 10 years as I know. And few years ago Putin announced canceling Balon education system, something like this...
Talk about the German economy. It's not looking so good.
lmao
OK Ivan.... it still puts ruZZia to shame.
@@pinkfloyd870"Ivan" lol. You people sound like you came right out of Einsatzgruppen. You should be ashamed of your avatar name, Roger Waters is telling you to stop. Maybe you can call yourself U2.
@@goranrajcevic5550Please tell us how everything is so perfect in Russia. We want to laugh. Ha, ha, ha, ha, ha, ha
Do you want to talk about the actual German economy or this Russian fantasy, in which we’re freezing to death and eat the kids’ hamster for Christmas dinner? 🥶🐹⛄️
Do research your own country's economy problem. 😅
They literally did this dozens of times
Economy is collapsing in front of the their eyes.
russia have many resources and the russian businesses people bought factories on a low price. It will not collapse because markets are now localized
You still dont undetstand... its not about markets money etc. Its about survive. All the russians clearly know: ww3 already started years and years ago. Honestly- ww2 newer stopt, faschizm still alive and had full support, westerners still want to kill us in gas cameras.
Russians are more hard-working people than Americans, they save their money, have no beggars on the streets, and cities are very clean.
So why does it need Ukraine then?
A car plant that used to assemble Western cars near Moscow, now produces the Russian car brand Moskvich instead. The plants output is now only roughly 10% of what it churned out daily, when Renault was running operations. Progress indeed.
@@nigelgarrett7970 Russian history is based on comitting genocides of smaller countries around them. They cannot live without it because that would prove their weakness and their colonial empire would fall, especially around Caucasus.
Never underestimate your enemy and overestimate your side.
EU Nations applied the Sanctions.. how come your economies are not growing?
higher energy prices, costlier credit and a downturn in former powerhouse Germany. It will be growing soon enough i guess.
Also going green and saving the planet, is costly.
"how come your economies are not growing?" Wrong. A nickel's worth of Google research would have informed that the EU will see modest 0.9% growth in 2024.
@@jim2376and Russia will see how many percent growth in 2024 ??? 😂😂😂
a modest 0.9... wow @@jim2376
@@armanicharles5336 Based on whose data? There are no independent figures so it's only Russian data. Which is worthless.🤣🤣🤣
As worthless as Russia's repeated statements it wouldn't invade Ukraine. As phony as a Russian election.
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The west has a very inflated view of itself😏
Bottom.line: the West sanction has little effect.
@@monumentaltravel3745 nah, i support my family.. you can support Ukraine if you want.
untill eu and usa threatens the third countries w sanctions too , like kyrgistan and turkey. Do u think turkey will keep selling to russia then, when the turkish lyra depends on europe?
@@zdravkobelinski4627yeah good luck keep threatening one country after another.
@@conchaivn rules are rules. You either trade with europe and usa or with china and russia, choice is yours
@@zdravkobelinski4627The beauty of a multipolar world 🌍
It looks more European countries are under pressure 😂😂😂😂😂
No, we are doing fine.
@@hb9145By having negative growth lol.
@@johnlyndonescario419 According to statistics from the IMF, not a single European country has negative economic growth. Also keep in mind that our economies are already strong.
For instance, India has a GDP growth of 6%, but GDP per capita is only 2410 USD. Norway had a growth of only 1.5%, but GDP per capita is 99,000 USD. I think 1.5% out of 99,000 USD is better than 6% out of 2410 USD. ;)
umm well you mentioned my country so ... per capita income doesn't really paint the full picture of people purchasing capacity , I know it sounds bullish but hear me out the prices of commuduties here in india is mostly 6th or 5th of what you pay for them (exception in olive , wine like produce which we don'tconsume much or not grow much ) . So sometimes to paint the fuller picture you need take accountof those things ...@@hb9145
@@hb9145 that's not even the point... the point is the westoids say let's put sanctions on Russia and hurt their economy but in the end the westoid economy got hurt harder. ;)
God bless Russia
Russia is trading with all the BRICS+ countries in local currencies. The US dollar has been phased out. That's how they're able to keep a lid on inflation.
Brics + the talking club…. Thats a joke.
The analysis here is pretty bad…..
@@nkosipwl US dollar hadn't become world's reserve currency over night.
You are joking? India has insisted on being paid in Rupees and due to sanctions ruzzia can't spend them. China and India are raping ruzzian resources.
Phillip.
@@BojanPeric-kq9et Brics is a joke…. India-russia fight over currency issiue, Russia is a vasalstate to China, india-china is fighting over land. Iran-Pakistan is bombing each other now and then. South-Afriva cant even give the basic to its people…. Not to mention the EXTREME corruption….
So no it ia a joke
@@BojanPeric-kq9et I'm sure the brits believed the pound will be world's reserve currency forever
Because Russia can produce things and print money at same time vs some Western countries only print money ???
yeah, besides bullets and oil, can u name other thing that is produced in russia?
@@zdravkobelinski4627 Gold, copper, aluminum, nuclear fuel ...
@@whodywei and when was the last time u bought nuclear fuel
@@Arnold_Slater1223 is the salt in your local store from russia?
@@zdravkobelinski4627The salt in Qinghai Lake can supply 6 billion people with ten thousand years of use......
DW Это называется безысходность запада живу в России проблемы есть но не большие как до отключения СВИФТ сейчас всё это мелочь
Stay strong Russia ! Support from Belgium
@@sidewinderflanderswest7809thanx bro
Why are supporting Russia.Reply me@@sidewinderflanderswest7809
@@sidewinderflanderswest7809 спасибо
Забавно выходит - нас называют тоталитарными, а вы со своими демократическими институтами не способны выбрать адекватную власть, которая будет защищать ваши интересы, а не интересы сша ?)
As much as we Indians support Russia.. so no sanctions will stop Indians to buy anything from Russia.. if war divided to nato vs Russia.. most of countries will join Russia to fight against West ego.
The irony is that we europeans see the Russian ego. They chose war instead of respecting their neighbours independence, just because of their empire nostalgia. And we europeans know it’s their way of establishing power. That’s why we’re begging for western military support.
@@MariusH242 you people didn't understand the ground situation.. go on waiting for full scale war Between nato vs Russia..
note .. without United States nato was useless
@@MariusH242ирония в том, что до войны мы выбирали соглашения Минск 1 и Минск 2 к примеру. По итогу Ангела Меркель сама сказала, что это было вранье что бы выиграть Украине время. Никто из западных стран не хотел урегулирования, так что сначала изучите вопрос, прежде чем писать подобное
Мы тоже поддерживаем Индию, вместе мы сильны
Who cares western sanctions 😊
@alloutofbubblegum7271 Well said 😅
So why are russians in the southern border then?
well if they cared there could have been a regime change as this is the primary reason for sanctioning such countries, instead they keep showing you middle finger and now the world has evolved,,russia just proved how western sanctions are useless@alloutofbubblegum7271
The sanctions are useless
They've abused them so much that they've managed to create a second global market independent of them. Well done.
Let's not worry about other nations' economies we work to destroy. Let's focus on what's happening at home as a consequence.
Long live russia ❤❤
West=💩🤡
A normal and profitable relationship between Germany and Russia is a thorn in the eyes of USA and UK.Which means the Military economy of the US is in danger.When social peacekeeping a country, then less violence so us needs to create violence to give a meaning to the falling down world police either through media or conspiracy or both, the lambs always accompany.
You must be really full of yourself to place a cap on another nations price of goods. Who does these guys really think they are?
But to waltz into a foreign country and kill its citizens is ok?
America seriously does see itself as the leaders of the free world. They refer to themselves as such all the time. They believe it too and act on it.
Think they are gods
If you think it can reduce the price Russia gets for oil then its obvious. DO IT. If it doesn't work then nothing lost. If I was an Indian buyer of Russian Oil I'd like the EU cap as that starts the price negotiation at a lower level.
They have put rules in place for western insurance companies, thats it.
Both Russia and China have the necessary political nous, leadership and military productive force to do whatever they deem necessary to defend their borders and national sovereignty; neither NATO nor the EU are capable of diminishing this geopolitical fact.
Love Russia from India 🙆😘🇮🇳🇷🇺 brother's ❤️🙆
И Россия вас любит ❤️
Недавно начал смотреть видео про Индию - был в шоке от того как с вами в прошлом Великобритания обошлась… вот и все что нужно знать про «правильных» европейцев.
Вместе прорвемся
@@user-kq5hj5zb8m Sending love from Brazil to my Indians and Russians friends. BRICS+ stay together, we're not alone.
HEADLINES : RUSSIA, RUSSIA, RUSSIA!!!!
Because that's what fear does, it makes you panic
They either love russia or they are scared of it.
No other reason to talk about it 24/7.
War economy ? Japan ran a war economy for decades after WW2,but produced f.e. consumer electronics for export on it.
But the RF isnt running a war economy while upping military production. The thing is Russia has a huge production
potential that was dormant for the last decades and now its getting partly reactivated and mondernised for the actual needs
and plans. And that all on a budget that is tiny compared to what NATO states would need to get on a equal level - in some years.
😂😂😂😂 Huge alcohol production, maybe 😂😂😂
A good and quick overview over the matter. For me, the factors of dept and international investments were missing.
This guy can keep saying Russia is dependent and cope about Russia’s dependence. But Russia doesn’t buy from EU anymore and they’re doing just fine. Computers aren’t oil, humans can make them.
Russia has enough tradable goods, while the United States only has dollars and produces no goods. This is why Russia is not afraid of sanctions. Commodities are more powerful than money. love from china
Literally the dumbest comment i've heard in ages. Russia only manufactures a rusted Lada car and outdated weapons and not a single good industry to brag about. Whereas the computers, internet, Iphone, best financial and educational instututions, vehicles, planes, Amazon, Oracle, Nvidia, Microsoft, Apple, superior weaponry, and every product for essential daily use etc......comes none other than the US. And you're sitting and trying to compare both. LOL.
@@megadrive11electronics are not manufactured in the US derp. The only things companies like Nvidia do in the US is pointless meetings. Let's face it, the only thing the US actually produces is celebrities sports stars and mass shooters
you love showing how little you know about Russia, don't you? :)@@megadrive11
@@megadrive11 Literally you putting iphone and apple in a one sentence , shows how great your is American educational institution is (lets not talk about the thousands of American people not knowing basic geography and history we teach in like 5th grade), and I like how proudly you are speaking of iphones , literally 80% of the phone market is owned by android devices , most of the current gen chips/processors for the computers your hyped country made came from Taiwan... Ah yeah the Internet , internet is not something you can produce and trade , internet in its is core is just a bunch of wires connecting computers (and servers) all over the world . Americas financial institutions are a joke just like you yong presidents ... and so on and so on (And I am not Russian , i dont care about Russia and i am not comparing RU to US , I just live in 5th world country and yet I know those facts about the Overglorified but rotten from the inside American land , land of the neck deep debts , housing crisis and addicts roaming around)
@@megadrive11 Are you a primary school student? Without Russia providing raw materials, any industry is zero. Do you use air to manufacture?
West responded with emotions but Russia responded with brains
West : Proceeds to throw thousands of sanctions at Russia
Russia : Nice warm up boys 😎
One thing that he has failed to explain in his analysis is that BRIC's countries are the main consumer of petroleum products and when it comes to Russia export they may not be expensive like Apple phones but are essentially like wheat and fertilizer. This are products that the west European Embargo can not curtail.
The sanctions have utterly failed because Europe thought it has all the means and influence other countries to follow suit but the remaining world never bothered to impose sanctions against Russia and moreover when China,India which has 2/3 of population in the globe along with BRICS, Global South nearly supports Russia
Yes Europe is completely independent and growing at massive speeds unheard of in decades while Russia is completely dependent on India china turkey south africa + 100 other countries and is a war time economy
Yeah... Europe is isolating itself. No more free minerals from the non Western countries. This is unacceptable for the rules based order.
Yeah Russia is so dependent that China turkey Africa and + 100 other countries are sending Bradley's, Abrams, challengers, Leopards and everything they have to Russia to win this war))) Oh Wait.....
Europa without imported resources is nothing, while Russia has own resources.
@@juvenaldasilva413 Russia has all materials at home, but look at them.
Only clowns could think that sanctions would harm the Russian economy, especially with high commodity prices.
saying russia's growth is a dominant feature for its growth yet europe and germany in particular are also sending lots of ammunition to ukraine but they are not growing. Just terrible analyis
US is becoming expendable in alot of countries , soo the dollar dominance will fall and alot oof developing countries will not really need it
And the sooner that happens, the better. The world will be better when nations are allowed to exchange views and opinions, and develop said views independently.
How about the German economy. EU will spend more on military industrial complex.
Ага, за счет налогоплательщиков. Меньше льгот и пособий для обычных граждан. Вся социальная политика и зеленая энергетика будет урезана. Это не в интересах простых жителей 🇪🇺 на которых никто никогда не нападет(мы же не совсем безумные нападать на тех, у кого есть ядерное оружие, какой смысл? Да и население захваченное нам зачем, оно же будет сопротивляться и бунтовать, нафигачить оно нам. Успокойтесь и просто давайте дружить и торговать дальше)
Забавно как вы нам десятилетия рассказывали какие вы правильные, как вы демократично избираете власть… а по итогу эта власть продала все ваши интересы за бесценок, а сменить их вы не можете
It's means the end of western economic bullying tactic around world
I wonder to what extent legalizing use of light drugs impacts someone’s ability to analyze things?
Зато сколько новых гендеров появляется. Я ощущаю себя Клинтом Иствудом
will Germany sanction the nation that blew up the Nordstrum pile line once the investigation is done?
How could a colony sanction its hegemon?
The U.S. and a few countries of the EU really think they are masters of the world :)) Old colonial thinking.
How many times a day does it change from shrinking to growing and back? The real caption on DW must be "Russia's economy has started growing for 5th time today"
NATO are so predictable, so Russian can plan ahead.
@@boctunes1853Russia is highly unlikely to collapse.
@alloutofbubblegum7271 that was supposed to last 3 weeks
This may be a symptom of the kind of goods that Russia was importing before the war. They were buying tons of German luxury cars, French cheeses and western clothes. Now that those goods are not available Russians are buying their own cheeses and cars, and importing goods from China which are less luxurious but can be paid for with yen, which they have in excess from selling gas and oil.
Actually all mentioned goods are available, just a bit more expensive because of more complicated logistics. So Russian and Chinese producers are certainly taking their market share. 5 years ago the majority of taxi cars in Moscow were WV and Scoda, now ots mostly Chinese brands, some imported, some produced in Russia. 10 years ago all steaks in Moscow supermarkets were from Australia and New Zealand (I love steaks), now 100% Russian, lots of domestic producers. That is thanks to 2014 sanctions.
Sanctions have backfired 😂 German economy is dying 😂
Wouldn't freezing Russia's overseas cash, help lower their inflation? I'm no economist, but surely keeping $300 billion out of circulation must have an effect
It’s like letting go of a liability, if the dollar is falling then so does the value of that asset in a western based economic system. Because Russia is by passing the sanctions, and using a different currency to achieve its access to the resources it needs. The longer this war continues, the more of a liability that money comes as it loses value.
Most the world is joining this new currency systems like BRICCs, as a precautionary measure, knowing Americans have weaponised the Petrodollar lol
Воровать не эорого
Also, due to sanctions, Russians no longer keep such overseas assets because they will be confiscated.
That money wasn't useful because it's in reserve bank.. they banked their money into Gold which is worth $300 billion dollar. The reason why America wasn't happy with Russia banking their money in gold in Russia... if you're aware China and Russia have been buying gold and bank their currency with it.. Gold is the only currency that doesn't get depreciate
because they are in bank deposits, it implies that they are already taken out of circulation, so there is no effect. But if the west steals the 300 billion, probably Russia will tear off another piece of Ukraine to cover its loss, it's very simple, you just have to think🤣🤣🤣🤣🤣🤣🤣🤣
Venezuela has the largest oil reserve in the world. They were once the richest country in Latin America. Now they are one of the poorest countries in the world. Lots of oil, can't get it out of the ground and sell it. All their close friends like Russia and China can't/won't help them.
Venezuelan problem is corrupt and incompetent goverment. Russian goverment is also corrupt but less incompetent.
nobody helps in international relations, venenzula followed socialist policies thats why they are broke
@@kristijangrgic9841 Nah Venezuelan problems is US economic war with both direct sanctions, 3rd party sanctions and US financing and arming terrorists and saboteur groups.
The reason this work much better on Venezuela than Russia is because of location, geo political power and the differentiated Russian economy as a whole compared to Venezuela which had a narrow economy dependent on the trade with US.
Venezuela sent 20% of their population to the US. They are helping China destabilize the United States.
Economics 101. Basically an economy decides to produce guns or butter. Putin said, lets make a lot of butter but a lot more guns. The guns be will all belong to me. Then I will steal all the butter,
According to all dictionaries the word 'sanction' has two directly opposite definitions: to sanction means to approve of something or to harm somebody. So, EU governments got completely messed-up: they have chosen the first meaning (approve) for Russia and the second (harm) -- FOR THEMSELVES!
Hundreds of thousands 😂😂😂 you could said Millions of death Russian soldiers why stop in Thousands is not like you went there and investigated.
Military Keynesianism. It works until public services and infrastructure start to fall apart.
Not very likely. Because China is nearby. Russia will never experience a shortage of light industrial goods and a shortage of workers in the service and infrastructure industries.
@@SpruceWood-NEGreally? They have a noticeable shortage of workers in those fields right now.
@@torehaaland6921You should not question China's infrastructure capabilities. Especially the professionalism of Chinese infrastructure workers.
@@torehaaland6921Carefully compare the similarities between Mariupol's new construction plan and Chinese architecture. Also pay attention to the construction speed and quality standards.
@@SpruceWood-NEG china's infrastructure workers has no relevance for the situation in Russia. Where lot of problems are rising because of the shortage of such people
You have friends then you don't want others to have friends 😂😂😂😅😅
Very informative and detailed. Far better than just calling up 2 'experts' for an opinionated ingerview we see that happen too much. Not enough reporting and too much opinion pieces. Great work! Nice to see it done well
So ..... 16.00% interest rate is a sign of stable and growing economy with inflation under control and sanctions not working ....right?
There is no 16%intrest rate, there is a 16% price hike on western products in Russia that does not affect the economy on a whole
@@glintongordon6811 I like when Russian FSB bots lie so bluntly.
Everyone can google that
1) Current interest rate of Russian Central bank, which is 16.110%.
2) Interbank Rate 17.47%
3) Minimum 'unsecured consumer loan' rate is 20.0%
Have good Putin election day comrade :)
We all can google mate.
Russian central bank interest rate is 16%
Russian inter-bank interest rate is 17.47%
'Unsecured Consumer Loan' rate is minimum 20.0%
@@abynor8687 you are making his point. he was saying the economy is not working smooth.
A war time economy is like a body's response to stress by flooding itself with hormones like cortisol and adrenaline. The body gets a boost in energy and productivity for a relatively short time. After which, major system failures start occurring and eventually leading to a total breakdown.
The west has also gone into increased arms production . But the industrial war complex cant match in production. Why?
@@eastcoastsailingcenter7768 What statistics are you using to make this determination?
@beyondfossil I dunno, maybe read what even the neocon Economist and NY Times are admitting these days: that Russia is outproducing the ENTIRE NATO by 3 times in weapons and ammunition. It is actually more like 7 times, but they are trying to minimize it as much as they can while trying to keep some veneer of credibility.
@@beyondfossilyour politicians are saying most of the billions that are been given to Ukraine are actually being invested in to the US economy(military complex)
How long do you think Ukraine can continue this war at this tempo?
Goes to show that economy experts are no better than astrologers, crystal gazers and tea-leaf readers.😂😂😂
US is also major war time economy
😂😂😂😂😂 the west is weak
There's a few things worth mentioning. Russia has been drawing down on its sovereign wealth fund. Last year they spent $38bln of it. Also, they have had to raise taxes on petroleum companies from 20% to 34%. This temporarily solves budget gaps but leaves less revenue for the companies to reinvest in new wells as the old ones are depleted. The Vostok project will need $138bln to develop, for example. Can they get that kind of money from Chinese or Indian financiers? If the war ends tomorrow, it's great for Putin. But the longer term is not so clear
Like the Germany had no idea that those CMC machines and other equipment final customer is not Russia using Turkey, UAE, India as intermediary.
Most countries in the world didn't join the team of sanctions.
Capital is not being used for meaningful things anywhere anyway.
👍🏻
War time economics typically grow, e.g. Germany during WW1, US in WW2. That growth, however, is unproductive and problematic as it is highly leveraged and war time supply chains do not transition to civilian production easily. Russia's future is very, very bleak.
Very true, unless you intend on advancing long term military sales by advancing technology which I highly doubt Russia will do, they are using old tanks that haven't been the safest for their crews.
Also the brain drain isn't going to help any.
A war economy will be a false economy in Russia case.
So called the "economics of war" is the "economics" of concentration camp - "economics" violence, conquest, lawlessness and terror. The talk about such economics "sucsess" of so called "russia" - created in 1991 by western and domestic liberal and anticommunist infamous "russian federation" - permanent fallen all 33 years state =)
Correct. The head of the IMF said the same.
Coping 😂
@@99banuka what's the going rate at the internet research agency?
Dude, 5.9 per cent of Russia's GDP was spending on the military in midst of a war is NOT a war economy. >25% military spending would be more like a war economy.
Ironically this economy has far outperformed those concerned about its decline.
When you spend 40% of your GDP on your military, and that spending covers up the massive cracks in your civilian economy and infrastructure...
The same people that told you sanctions would work.🤡🤣
@@timmy-wj2hcKeep spending Russia. Just keep spending. Ha, ha, ha, ha, ha, ha
@@timmy-wj2hcThe USSR with its planed economy thought it was perfect too. Ha, ha, ha, ha, ha, ha, ha
Considering the USA national debt , about 60 % of USA GDP is government spending .
Better than debt economy 😂😂
Sanctions work but take longer than expected. This is because Russia has larger reserves than we knew about. They have thousands of tons more gold than what they stated as an example. Now the industry is going full speed ahead to build the military. But it is a cost whose bill will come.
They have many resources income gas,oil , agriculture and others USA and Europe just lied about Russai economic they never give up the world need Russai and west is not world
Considering that Russia has been through so many hardships throughout it's existence, sanctions are not a big deal for them.
And now let's see what sanctions did with the German economy and its deindustrialization
Isn't that self-inflicted?
Да друг, вы же демократичные - сами выбрали такое правительство, которое ваши интересы продает.
Покажите нам что такое демократия) смените власть на другую, которая защитит ваши интересы ))😂
I was listening to an Indian think tank guy and he was saying that this war is just a continuation of the great game. The war between Anglos and Russians have been going on for 200 years or more. This is just the next chapter and everyone has been caught up in this mess.
I understand everyones positions and actions, except Germany. They are world class 1d10ts.
Who blew up Nordstream again?
the US bacame not that important.
and china's economy collapsed as foreign investment pulled out
lol is that what you hallucinated after smoking ganja.?@@Cryosxify
Russia +china+india+Africa
Russia+China+India+Africa+Southeast Asia+South America.
Won't happen.
Don't waste your time looking at this
Just memorize the approved formula"The Russian economy is growing, but at what cost...?"