Konstantin Samoilov - Will Russian Economy Buckle & Break Before Western Resolve to Support Ukraine?
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- čas přidán 21. 08. 2024
- Welcome to our monthly conversation with Konstantin, who is one of the most respected voices on CZcams about what is happening Inside Russia.
Konstantin Samoilov is a well-known CZcamsr whose channel ‘Inside Russia’ comments insightfully on Russia’s decent into authoritarianism over the last few years. But now, like many others, he’s outside Russia, with no idea of when he can return there.
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THEMES:
- General overview of the economy.
- How Elvira Nabiullina and the Russian Central Bank deal with economic challenges.
- Credit and bankruptcy for ordinary citizens (the halving of month income in real terms).
- Drop in car production - what other outputs suffering?
- The devastating effect of sanctions - but holes, major gaps and loopholes remain.
- Oil export volumes and revenues rebound. Grey fleet of tankers / sanctions breakers.
- Western companies breaking components embargo and trading in Russia.
- War economy - is there no turning back? Too many benefit from a 'forever war'.
- Cars, planes, computers, and drills - when will infrastructure start to buckle & break?
- Schrodinger dictator - doubles and intrigues. Patrushev’s growing role.
- The antisemitic mob that stormed Makhachkala Airport in Dagestan.
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Superhumans - Hospital for war traumas
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Come Back Alive
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Chefs For Ukraine - World Central Kitchen
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Serhiy Prytula Charity Foundation
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No matter what happens to Russia, we should stand by Ukraine! Putin👎
Ukraine 👍🇺🇦
I found this point interesting of releasing sanctions when the war will end and a liberal sort of puppet might be 'installed' within Russia. Of course it's highly speculative, but I think it's also highly probable and I felt like it was a great point, which could come down to this: how much will truth and responsibility be worth in a future world? Because you better believe some are going to want to bring trade back immediately, and pretend nothing ever happened. I believe we mustn't allow that, not before responsibility by the political class and elites within Russia, such as the oligarchs and all-powerful notorious Siloviki will have taken full and sustainable responsibility for what is happpening now, and there will be measurable sustainable changes within Russian politics instead of some 'puppet' while only common people would pay for the sins and crimes of the elite.
I strongly believe in the future, and maybe already now we, by which I mean western and global watchdogs, should really pay attention to what's happening with regards to these dynamics.
ХАХАХАХАХАХААХАХАХ
Ukraine is done.
Ukraine is not done kicking Putins ass.
Ukraine kaput.. 3 centuries repaying the US so called military aid..
Thanks for showcasing Konstantin ...I enjoy his insights.
Looking forward to the next conversation. Lots of respect from the Netherlands.
I just love konstantin's live streams of his channel of youtube " Inside Russia" and his views about the war and the political issues in Russia. Very interesting.
Congrats for this excelent guest !
Unfortunately, his content is extremely biased and doesn't show both sides of the coin. He's just a part of the typical narrative "Russia = Mordor = North Korea"
I have been communicating with Konstantin even before the invasion began when he was hosting a travel blog in Rostov on Don. I believe he is a good honest man swept up in horrible events. I admire his courage, integrity and humanity. He is a good man.
Hello James! Thank you 🤝
@@INSIDERUSSIA I hope all is well with Michael. Sending love and prayers.
@INSIDERUSSIA You are the real national informational hero, along lif i may assume, the great other ones like Maikl Naki and some Dozhdj employees. Pity some in the West" don't get it from your perspective (like those preppers who had you on podcast). You're doing most needed work here especially for the rest of the world.
I also subbed before he left Russia.
Konstantine is a good man.
yeah u are right! but i noticed when he moved out of russia he is more outspoken now :)
👍👍👍👍👍 Constantine he is great a guy with a big heart
I agree with all that’s been said. This war is a total disaster for Russia.
it is a disaster the scale of which they dont understand yet, and when they do it will be devastating to the country.
As bad as it might be for Russia it is far worse for Ukraine, even with all the support and involvement from USA and it's vassal states.
Just considering the sanction war on Russia, any other large country would be destroyed by it.
Not to mention all the money, weapons and spy satellite/drone intelligence given to Ukraine to defeat Russia.
Just think of all the countries that participate in sanction war, and give support to Ukraine are at war with Russia.
I think they are doing far better than many in USA/UK/NATO expected.
August 2023 Saudi Arabia hosted Ukraine peace talks, the plan was that Russia by that time would be defeated and would come to Saudi Arabia begging to stop the war. Russia didn't go to Saudi Arabia.
Russia will have to pay compensation for all the distress and damage they've wrecked upon Ukraine. So when the war finally ends it's echoes are not over.
And how did it happen? As the excellent YT defense economics channel "Perun" explains, 'vranya' is the RuZZian system of lying/exaggerating/BS'ing as a way of life. Remember the mindset of, "We pretend to work and they pretend to pay us"? Well, Vranya means, "We lie to them about our work, and they know we're lying but don't object because they're lying to their own superiors." Putler is at the top of this pyramid. He thinks RuZZia will win, based on what's reported to him. Reminds me of Hilter 1.0, the original, in his Reichsbunker, as portrayed in the movie "Downfall".
Не путайтесь в словах, для Украины и европы
Big fan of you, Jonathan, and of Konstantin and his channel. Keep up the good work!
To all the Pro-Russian supporters in this chat, I have one question.
If President Putin is so great and Russia the best, why is it that every country that was ever in the past and under its yoke now, either moving away as fast as they can to join the EU and NATO, or done so already?
If Putin and Russia is so great wouldn't all those countries be clambering to JOIN Russia?
Think about that for a while! 😉
Finland has closed its borders with Russia because of asylum seekers from central Asia and middle east. Questions are:
1) Why doesn't Russia grant these people asylum? It would help with their labor shortage.
2) Why do the asylum seekers want to go to a NATO country instead of staying in Russia?
Because their leaders are corrupt and after some time in politics persuaded to become member of kabal, a agroup of corrupt world elites to run the world based on law of mutual profit and in league with each other, countries, nationsot societies and people of their own country have remain no issue to them in this high global kabal political game. PUTIN SEEMS TO BE DIFFERENT AND INSTEAD FACING THEM WITH HIS RUSSIAN MIGHT BUT QABAL WANT RUSSIA TO BE DIVIDED INTO 9-10 WEAK STATES TO EASILY LOOTS ITS RESOURCES BY WESTERNISING (SLAVING) Russian BUT IT'S NOT POSSIBLE TILL THE LIFE OF PUTIN.
You missed the part were russians ENJOY hurting others as it makes them feel better about their rather weak sad little culture. It is the state of empire they want back at any cost.
@@armandomercado2248Because they are trafficked from Africa and Syria by Wagner ops in those areas, funnelled through Russia and weaponised to pressure bordering NATO countries. Same is happening on Estonia-Russia Narva border. Estonian security turning them all back to Russia.
Greetings from Estonia.
@@armandomercado2248
1/ Russia doesn't want Africans or Asians to live in Russia, that would make Russians less pure, they just want to steal their wealth for their benefit and use them as leverage to twist the Wests humanitarian arm! ,
why do you think Russia cut of grain supply from Ukraine to the global south, Putin was weaponising food?
2/ mass migration of poor people into an affluent country can cause instability and economic issues as well as encourage far right (Putin friendly) anti immigration feelings that divide and weaken the country. Putin is attempting to weaponise economic migration and asylum seekers?
Wonderful to see such goodness and honesty in a man
Thanks for this. And he did not even ponder what sort of reckoning there will be, after the war, for the many who died in what might end up as a fiasco. (And wait until people realize how unequal the sacrifices have been among ethnic groups.) And who shoulders the cost of care for the wounded?
Thanks,Jonathan and Constantin! There is so much excellent information here. I have come to the conclusion that Constantin states..the war will end when Russia collapses internally. Slava Ukraini 🇺🇦 ♥️ 🇺🇦
👍
Slava Ukrania
Не дождётесь чтоб Россия развалилась
Not gonna happen
@@chadhaire1711
Why not? 🤔👀
Care to elaborate?
Russia has never been anywhere near normal………
Alas, this is so.
mind your own business
@@jossiesh7649
A key part of the interview is the supposition is that Putin will be replaced by a new dragon . That a democracy is impossible.
The serfs were emancipated in 1861 but the serf mentality has never left the society for at least six centuries. Nothing changes.
This belief of Russian imperialism is engendered in every Russian.
Russia needs to lose this war and the Regime needs to fall. The Russian people need to be held accountable because they are.
Germany was held accountable and so must Russia.
@@jossiesh7649 Stop making it our business, botski. Russia already has a foolproof defence against invasion; being so horrible that nobody would want to go there.
Love Konstantin!
Man, you have some of the best interviews!
I particularlly enjoy the ones with Konstantin, hes such a great, kind and brave man.
And yet he keeps believing in all that soviet russian history propaganda.
Russia is 14billion dollars in defecit compared to 106 billion dollars in credit in 2021. The economy is a war economy and expenditure is 35% up because of military needs. Oil production is down and China and India pay using yuan and rupees. The interest rate has increased. At least Russia should be ok for curry powder and noodles 😊
Russia's future is like the line the Architect said in the Matrix, "There are levels of survival we are prepared to accept."
>
Oh, very droll.
But the bottom line is that it will be hard to force Russia to do what Putin is not willing to do when Russia produces more food and energy than it can eat and consume.
So far, that strategy has not worked. Perhaps that will change..... or perhaps not..
Most countries would be delighted to have such a trivial deficit.
These are military expenditures Russia can easily afford.
Unfortunately, Russia has proven to be a lot more resilient to sanctions than expected.
It's hard to destroy an economy that produces a lot more food and energy than it's people can consume.
Indeed, Russia resembles the economy of the United States during WWII.
@@SeattlePioneer When you look at the size of the ruzzian economy compared to other countries that's a significant deficit.
@@toddr2265 Unfortunately, Russia is proving to be resilient and resourceful in the face of the sanctions war. Cuba has been living with American sanctions for sixty years.
I agree Konstantin's channel is the best for Russian News. Thank you both.
This was incredible. I'm very impressed by Konstantins insights.
Excellent listen. I also think Russia will eventually throw putin’s dumb ass under the bus and want to reintegrate back into the global community. Thank you both for the great listen.
Doubtful. russians have ZERO expectations for themselves so nothing will change.
Given the top down gangsterism of Putin’s regime it’s inevitable he will be expired early, and it’s not unique to what he’s created, just a more mafioso version of what Russia has been in previous incarnations.
That's th spirit, unfortunately mostly a western hope. Did italians hoped the same for Mussolini or Spaniards for Franco, or even Germans for Hitler (or Chinese for Mao) at the height of their reigns? There's a reason some (majority) part of today's Russians and even foreign rashists are labelled 'zombies'. It's a desease, whithout a cure for now, unfortunately. Not a doomer, just to disspel unfounded hopes, for now.
>
Well, perhaps. Or perhaps not.
The put down of the Wagner Group rebellion and the death of that leader does not promise much.
Russia produces more food than it can eat and more energy than it can consume. That makes it highly resistant to the economic warfare the west has been waging.
Meanwhile, Ukraine appears to be fighting to the last Ukrainian.
Unfortunately, I don't see Russia capitulating to the West any time soon.
Exactly!
Great stream Jonathan love the debates you have with KONSTANTIN very informative
Something often forgotten in the analysis of missing manpower is the 10's of thousands of covid deaths
Sure
Indeed. To the Covid death add the 300k deaths (and god knows how many injured so badly they'll be a financial burden for decades) and I think we can see how serious is the situation in Russia.
True, but relatively few of those will have been of men of military age. Covid probably didn’t have much effect on Russia’s manpower generation capacities.
@@mebsrea it had zero effect
@@mebsreaI wonder how much Long Covid, particularly Covid Brain Fog and rapid exhaustion, has affected decision making. I have seen otherwise healthy under-50s suffer from it.
Problem with RU weapon economy is it doesn't produce income, just tanks etc to be destroyed in Ukraine
Exactly
Always a good discussion, and to look forward to. Thanks chaps
Russia (Putin and Kremlin) needs to decide what is more important to Russia.
Is the invasion, occupation and annexation of the tiny, tiny Ukraine oblasts of Luhansk, Donetsk, Zaporitzia, Kherson and Crimea worth losing ALL of Russia for?
If Russia continues on the current course their geopolital status will be extinguished, their military standing completely destroyed and their economy setback 40 years to the point of bankruptcy, from the sanctions most of the world have and continue to apply.
And that's before you consider the internal strife, coups and disappearance of high ranking generals and China's distancing from Moscow.
Is the break up of Russia worth Putins madness in Ukraine ? 🤔
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Putin has created internal conflict in Russia, isolated Russia behind a new wall (NATOs fence), halved it's economic capability, crippled it's manufacturing capability, increased fear, surpressed all freedoms, especially freedom of speach, made opponents disappear, or be imprisoned for life for no reason, increased powers of the FSB, increased corruption and kept the population brain washed and subdued.
So hasn't Putin already returned Russia to it's previous Soviet state? 🤔
Ukraine has always been the key. They have lots of resources and smart people. Once it falls or some peace deal starts where they give up the richest areas. Putin will rebuild everything.
@@perkunast9680
With what?
Russia is running out of money, that's evident from the Russian Mariupol rebuild, that was just a few show apartments, with rest in ruins. Russia can't give 85% of its own citizens electricity, gas and a flushing inside toilet!
@@perkunast9680- exactly! It’s of no coincidence that 80% of Ukraines massive, untapped natural resources, resides in the areas Putin is trying to steal!
This would be a massive coup for Russia
@perkunasti - Ukraine is not theirs to take. Ukraine belongs to Ukrainians. Russia has an overabundance of natural resources - but they must be properly managed. The Russian government has mismanaged extraction, processing, refinement, and re-selling, so regular Russians are not benefitting from their own natural recources!
You gotta fix your own house first, otherwise, you bring nothing to the table. Why would Ukrainians want to be ruled by such irresponsible government management?
Ukraine is beloved by Europe, the United States, and the enitre free world. We see their potential and want to invest in their future - especially Ukraine's vibrant IT sector.
You cannot rule those who demand to rule themselves!
(And that goes for Russians, too, should they accept responsibility for self-rule. It's hard. It's messy. But democracy is always worthwhile.)
It's a bit away from losing ALL of Russia yet I guess
Constantine. Thank you very much for what you do if it wasn’t for you and people like you we would never get the truth thank you
💛💙💜💙💛 I'm early! Thank you, Jonathan and Konstantin!!
🇺🇦 🌏 🇺🇸
Thank you Konstantin. I have become an admirer of your news from Russia. It's something I know very little about, and to me it's astonishing to listen to your news. Its so different from my way of living and thinking about life. Not as I feel, I am better in any way, but just so different from my way of understanding the world.
I just admire your way of telling about Russia.
Your humor and your sarcasm makes it easier for me to understand and to see the strength in the Russians that have taken and active attitude and left the regime in Russia.
It is very true that the oil field production capabilities are failing in Russia. I worked in the American transportation industry for decades. You cannot believe the amount of drill casing pipe, sucker rods, jack pumps, pipe pigs, Chickson joints, Christmas tree pipe joints and wire line inspection units were shipped to Russia. Complete shiploads of bags of bentonite and spearzine minerals for drilling mud. All of which I took to the SeaTac shipping ports in Washington state of the USA. All going to the Russian oil well drilling locations. Places like Kamchatka Russia. Participating companies such as Exxon-Moble and Sinclair, Neighbor's, Calfrac, Hess, Occidental, Continental Fraking Chesapeake Energy and ConocoPhillips that had the expertise that built the oil well industry in Russia. Now forcefully nationalized by Russia. Don't ever think anyone will forget how Putin stole all that investment. Good luck trying to get help in the future, Russia. You wasted your chances.
Russia and Putin will have a bad go at it when there is an unfortunate oil well fire. Only the Americans are good at extinguishing oil well fires. Two companies in particular. The Red Adair Company and Boots and Coots Company. Red Adair invented and developed extinguishing oil well fires way back in the 1920's. Mr Boots and Mr Coots were the engineers that worked on what was nessessary. Boots and Coots separated and made their own company. It will take no less than $4-million in US currency or solid gold bars per oil well to entice these companies to go to Russia at this point. No credit, just 100% payment prior to the job. As you wait there will be $7-million in oil burned up every 24 hours. Putin really made a mistake in invading Ukraine. One of the job performed by Red Adair and Boots & Coots was extinguishing the oil well fires in Kuwait in the early 1990's. After Saddam Hussein set off those oil well fires. Putin you better hope that no oil well fire starts. It will cost you dearly. And $4-million is just to start. Depending on circumstances. The final cost per oil well may exceed $20-million per oil well. That's each oil well.
Another Venezuela in the making
Another fantastic discussion! Thank you for the insights!
Glad you enjoyed it!
His channel is called 'Inside Russia' while he is outside of Russia :))))
People know that the economy is crashing, so trying to take out loans and hope that their dept will just be erased when economy is crashing.
@todd1770
Now you're trying Australia, it's nice to hear Britain and Germany aren't working any more.
No, I think they believe that there'll be hyperinflation, and it could be a greater deal
@@todd1770 What a stupid statement. Compared to who? Russia? 6% odd inflation is annoying but fixable. What else is this 'trouble'?
@@todd1770 Da, Fellow Americanski. 😀
Uhh buddy the IMF predicted the economy to grow 2.2% this year and 1.1% the next. The economy is not crashing, its standing like a mountain
Fantastic both ❤❤
Always great content, from both your channels!
I am concerned that the UK media are totally focussed on Gaza right now.
But just looking at flight tracker, our 🇬🇧 gov is still flying many many support flights to E Poland...
As ex UK and having seen most of the pantomime since the 80s, I’d say don’t waste your life on being worried about the press. It’s not changing anytime soon.
Q: I am concerned that the UK media are totally focussed on Gaza right now...
A: Which is good because a huge amount of Muscovite propaganda spreading about Ukraine right now will be lost in vain.
@laconically That's an interesting take on the media's shift. I hadn't considered that.
@@betterdonotanswer I'm still questioning the fact that Hamas attack on Putin's birthday was a coincidence. It seems that it might be supported by Putin as a valuable distraction from Ukraine.
@@betterdonotanswer The UK and many other European countries are united behind Ukraine and that's unlikely to change, no matter who is in government. The bigger problem is US politics, Gaza is causing Biden serious political issues (because many left leaning Democrats are unhappy about Israel's actions) and a second Trump presidency would obviously be a nightmare scenario. But I take your point that in some ways it's a useful distraction.
When you have nothing, you can't loose anything.
Oh, there’s always something else to lose, even when you think it’s a bad as it can get.
Perhaps the older generation think the younger generation have had it too easy. They have lived through hard times and don't care if the younger generation has to suffer.
Russians dont care about each other let alone anyone else
Great point
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Could you possibly recommend a CFA you've consulted with?
My CFA ’Margaret Johnson Arndt’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Constantine was excellent!
Thank you Konstantin for your valuable insight into Russia and (for me anyway) unfathomable Russian mindset. I have always been skeptical of those who say the Russian economy has bounced back. This just seemed to be completely impossible given the circumstances. I also wondered why Putin has not announced his re-election so the next few weeks will be interesting. I look forward to your next update. Go well, Slava Ukraine.
But Putin did announce his plans to run in the next election.... With an 80+% approval rating it would be hard not too. When the unhappy Russians left the country and the EU sanctions reduced much of the Oligarch's wealth and they too moved to US/UK/EU, Putin's popularity soared.
With the EU sanctions, Putin has discovered the majority of world countries think of him as a world statesman. With their help of increased trade, Russia is running its factories around the clock. Their grocery stores are fully stocked. They still have a cash society, with limited credit use, and little debt. I have read that Russian's have been disappointed they can no longer purchase German and Italian vehicles. According to US articles, Xi is planning on supplying reduced cost or free EV luxury cars from China to Russians. I didn't think EV was the best in cold weather but China is making huge technological progress.... We will see!
Absolutely! Here is the problem. The IMF takes figures on the Russian economy from Russian state departments as fact and without any auditing. Western media then reports those dubious figures from the IMF as fact also.
@@ALFarrell-kv6okCan you give us the correct figures?? Do you think that the IMF and the World Bank do not take the time to verify and analyze the key figures? especially since the two organizations do not have the same projections in terms of growth.
@@ALFarrell-kv6okThe fact is that the Russian economy has not collapsed at all, because there are no signs of it and in certain sectors the Russians have improved and little by little they are becoming independent. Admit it!!!
Crimea and Sotchi were just hit by the worst storm and flooding in memory. Слава Україні. Слава бога.
SLAVA UKRAINI🇺🇦✌
FREEDOM AND SOVEREIGNTY
FOR UKRAINE❤
@@ennediend2865 💩
@therealmccoy7221 держись дружище. Кроме как от бога помощи ждать не от кого.
🇺🇦💪
God hates vatniks
A third of the next budget goes to the military industry. Okey, but how much of that money will actually end up in equipment?
My guess is that at least a third of that will end up in the wrong pockets.
The military in particular knows what's happening in Ukraine, and the upper echelons will be desperate to snatch as much as they can to secure their own survival in the years to come.
So what ever number goes into the military industry, there will a lot less built, maybe not in numbers of equipment but in quality. Like thinner armour than on paper etc.
It's just a thought 😊
Yes, good point. The graft and thievery has not ended!
The Oligarchs are already pulling out less cash. However they fear the regime of Putin. The buildup will be sold as necessary and a move for volume over profit that maintains the status quo. It's the lack of industrial investment and loss of human capital that might change minds. I suspect China will supply both. You're not wrong, but everything in Russia moves slowly.
Always enjoy your conversations with Konstantin Jonathan. Very relevant and insightful listening to you both. Thanks for sharing this with us. 💕👏🏼🙏🇨🇦👍🏼
👍👍👍
In Canada we used to jokingly say “I just signed my life away” when we got a bank loan. I never imagined in a country like Russia it would literally be true. Such a horror can only come from the mind of a madman.
Its literaly not true.
Russia has one of the highest home ownership rates in the world. It doesnt matter if its gonna be house, or an apartment in a commie block or even an old dacha, a russian always has a roof over their head.
If you believe that you're the one who's mad.
AS A BRIT IN Russia l can tell you you are completely 100% incorrect
Russian debt to GDP is just 17.2%. I challenge you to look up the Debt to GDP of any country in G7 or any Western country in G20.
@@terryross2388 UK is spot on 100%.
Thank You for letting us know there is at least ONE sane Russian left.
This one is a paid traitor....taking BS for 💰
@@JohnCSmith-lp1qrFrom the Russian Troll perspective no one ever does anything because its the moral right thing to do. Well, surprise MF, Konstantin does.
Could the trolls just try and up their game a bit? It’s been an all time low the past few weeks.
@@EEX97623I think they’re losing their mojo…
I’d like to lodge a complaint about the quality of Russian Trolling of late, but I can’t find any feedback phone number. I’ve been asking Russian Trolls as well, but to my dismay none of them seem to want to respond.
@@JohnCSmith-lp1qr It does not matter what You say or do. The end result will always be misery for Russia.
Great interview. Konstantin is really honest and very clear in his insights.
Thank you for your from the heart reporting. Keep up the great reporting. We are looking for the truth it's the only way to make a qualified decision.
Konstantin is the reason I subscribed to your channel. I think our views about Russia are virtually identical although not our emotions. Personally I've hated Russia all of my life. Not Russians, Russia. It has been a direct threat to my life nearly every day of my life since I was born. In 1962 we couldn't work in school because we didn't know if we'd still be alive at the end of the day. We hoped that the end of the USSR in 1991 was the end of the threat but a leopard never changes his spots. Therefore I never had any illusions about it, nor its people. I'm not generalizing but there is a mainstream culture that is in synchrony with the way Putin thinks, sees the world and everything in it. Those who support Russia have the same warped view.
My question to Konstantin is how much money does Russia still have left available to it in its national wealth fund, how much of it is in worthless yuan and rupees, and what is its burn rate financing its deficit? Alternatively what is its balance of accounts.
Konstantin never acknowledges me on his site even though I've watched every episode since the SMO. Perhaps he doesn't like me because I've made some very disparaging remarks about Europe which I don't think much of either especially having lived there for a couple of years. I know he likes Europe very much but we see it through very different eyes.
Why do you not like Europe? and please do not repeat any of Trumps bullshit.
The only question is, can Putin stall and hold longer than the Western nations’ (especially the US) continued willingness to keep supplying Ukraine’s war needs? Also, does Ukraine have enough fighting men left to outlast the Ruskies, despite the large Rusky losses.
Actually, only real issue is...Trump. It's Trump who's driving the Republican opposition to appropriatiating more money right now.
In a war stalemate, the country with the larger population has an added advantage. Ukraine is now seeking overseas Ukrainian men to serve in defense of the country. Hope Western resolve to aid Ukraine does not falter. And oli and gas embargoes are being circumvented as mystery brokers are lining up tankers (some not very seaworthy) to buy Russian oil and resell them to willing buying countries. Russia still makes millions of $ from this operation. Iran and N. Korea allies also a big factor in this war.
This channel is absolute gold! Thank you Jonathan and keep up the great work!♥
👍👍👍
Bringing on Konstantine gets a subscription. 👍
Great conversation, huge significance and critical insight!
This man is a great commentary. We the United States are ashamed of our country too. It's totally about money and less about lives. Sad, sad.
I am from Canada and liberalism destroyed the middle and lower classes in Canada. You should be thankful you live in the USA. Be proud of yourself, your city, your state and your country.
😢Uk solders wroking to hard even It is snow Russain solders came to Uk with many many weapon and no food Russian a plant to take everythink plug foods to feef Russian soilders
I don’t think Konstantin is right about why western companies are not leaving. You have to black mail alot of executives and board members to make the companies stay if they really wanted to leave. They might be able to do that, but not without someone leaking the circumstances or the fact that they are black mailed.
The real reason is the investments made in Russia, the real reason is greed.
great interview
Konstantin is the boss!
"The victory will not come from the front lines but from within Russia..." Which is why people here in the west need to develop the kind of strategic patience that it is going to take and not take their eyes off the ball and let right-wing isolationist politicians screw this up. They have the best chance of bringing down an evil empire without having to effectively fight World War II all over again!
Isolationism has its place… but this… this is not one of those times for such attitudes, on that we agree
Well said Robert. Isolationism is an option only for small or insignificant states.
I'm from Russia. you can cry or laugh.
Everything is fine in Russia. we can do without you.... can you do without our resources?? platinum, uranium, oil, gas and others... ?
@@user-ly5pd1sb7z I’m from UK. You can cry or laugh but I have my pride, my honour and my dignity. Enjoy your gas.
Strategic patience to lose more and more money and to bankrupt yourself more and more for a pipe dream you yourself isnt happening.
Russia has lost well over 300,000 men and more than twice that number wounded and counting. Hundreds of billions in losses of weapons, equipment and resources. All this in less than two years. How can Russia recover when so many men are missing from their work force. Russia has lost tens of thousands of men fleeing Russia to avoid conscription. Russia has also lost billions in revenue from military weapons sales because of the exposure to their inferiority compared to western weapons. This war has been a major nightmare for Russia and will only get worse because their population will realize the costs of this war for Russia. I don’t think it can be hidden for much longer. When it all explodes for the Russian economy it will be a disaster.
😂😂😂😂😂😂😂😂😂😂😂😂
Dude what drugs are you on, I want some😂
Why do we never see any proof of these casualties on Telegram. It's easy to claim Kia numbers but another to prove it. Did you hear the debacle on Ukrainian TV where it was just admitted that in excess of 1.4million Uke soldiers have been killed?
Recent news article that Russian railroad directorate is now recruiting in prisons for additional workforce to maintain track and rail stock.
PS - Recall that at wars start, Russia was restarting production of rail truck bearing due to main supplier, located in EU, was prohibited from shipping replacement parts or new units. Sort of economic death by a thousand cuts.
India now provides russia with bearings
Makes trade sense in that India has to pay for Russian petroleum plus India has a large railroad sector.
@@dukenukem8381Yeah. I’ll venture a guess that you’re paying through the nose for those.
In fact, I suspect that your nostrils are pretty stretched after paying through the nose to North Korea and China.
I can easily see that your nostrils aren’t the only Russian orifice thats stretched as your so called friends are “helping” you.
Not like Russia to use prisoners for forced labour due to over ambition and mismanagement
Unfortunately, what you are describing is Russia being flexible and resourceful in dealing with difficulties and shortages.
Get back to me when the reports are that the prisons are empty.
You are describing an economy that is under stress, not one that has collapsed. I don't see Putin's power being effectively challenged absent widespread actual collapse.
The Wagner rebellion of a year ago shows what happens if you are too eager to throw Putin out.
I would be delighted to see Putin replaced. But it's tough to destroy an economy that produces more food and energy than people can eat and consume. That's the problem we face, it seems to me.
Still, may happen. But the short term prospects of that seem weak.
And in the meantime, can suffering Ukraine survive?
Before I see this. I do like the Information. I saved this for later tonight.
I am horrified at Germany ‘s proposal for Ukraine to give up. Let’s pray that does not happen!😢 Germany 😢. They are too comfortable and need to suffer so they can experience oppression!! 💙💛🙏🏻
Uh, right now, Germany is promising more new military equipment to Ukraine than any other country.
That was a poorly-sourced article in a single trash tabloid, that no other paper gave the time of day.
Slava Ukraine 🇺🇦
I've been trying to make wise financial decisions with my investments lately. Unfortunately, I made a wrong move and lost over $60k investing in crytocurrencies without proper guidance as a total beginner! Pretty sure I need a professional to put me through the ropes!
It's quite difficult to beat the financial market as a mere investor. It's just better if you work with professional advisor who understands the market dynamics better and offers proper guidance
That's correct! Economic downturns offer plenty of chances for average individuals to start building wealth from scratch. But you might need to seek professional counsel from an investment advisor. I currently work with one right now and it's been nothing but a blessing
@@markboreanaz5569 I’ve been looking to switch to a financial advisor for a while now cos I've lost a lot of money. Any chance you could connect me with your advisor sir?
Picking random cryptocurrecies to invest in is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But since I switched to using a financial advisor/porfolio manager, I've been returning at least $25k every month so I’ve been sticking to investing via an advisor ever since.
@@kennyshearn2916 JEAN MAES is my portfolio manager and financial advisor.
We should have make a determined effort to expand non-OPEC oil production 2 years ago.
We should make a determined effort today to increase Non-OPEC oil production.
U.S. domestic production just set a new high. Sanctions were eased on Venezuela. A large field off Brazil turned out to be a disappointment - but if it hadn't. All shale oil from Canada is making its way to market, Keystone XL or not. It's not like non-OPEC nations have been sitting on their hands.
Check out the inflation-adjusted price of gasoline. Gas costs less now than at many times in the past, and if you smooth out the curve, the price of gas has been flat for over 40 years.
@@hootowl6354,add the unsuccessful effort by U.S. to get higher production out of Saudi.
If only Russia could have people like Konstantin at the top.....
Thanks Jonathan! Sophisticated audience will bring out the best of the speaker.
Wonderful that this is every month.
Thanks for this very interesting talk between Jonathan and Konstantin. EveRy interview with Konstantin is improving my knowledge about the eonomic situation in the RF.
hi K,
always good to see you over here as well.
good channel, Jonathon.
I've been following both you and Konstantin from near the start of the war, listened to what both of you have said separately, and still agree: these conversations are in themselves important; you do bring something extra out in each other - or am I just restating the old saw `two heads are better than one`? If so then the old saw is still true, whaddya know.
Konstantine is so insightful. Great interview. I pray for peace in Ukraine 🇺🇦 🙏
As always... thoroughly enjoyed your monthly conversation. Thank's to you both!
Ukraine is more Titanic than Russia
39:17 "A free nation can have a liberator, a subjugated one only gets another oppressor." Montesquieu (political philosopher, 1689-1755) - To this day, RUS proves how true Montesquieu´s statement is.
I love to se You video. You speak great and isse to understand. From Danmark. Charlotte 🥰🇩🇰
This was so impactful - thank you both. Money - or in this case the economy - talks. Konstantine, as an Eastern European whose country is currently under Putin’s sway I understand how you feel. Which is why I’m so glad you chose to shine your light even brighter in these dark times. All the best to you.
Hungary or Slovakia?
Impactful? Dude, which world do you live in?
@@ebb_ Not a ruzzian one.
@@wishusknight3009 Makes sense. In the deluded west, that’s right!
@@ebb_ The west deluded? lol ok.
Thanks alot guys 👍😊. Keep up the good work 😊
Inside Russia is my go ro update and love Konstantins delivery and humour too. Great work. 👍
Why hasn’t he been named a foreign agent and all his property seized?
Why hasn’t he fallen out a window or drink a bad cup of tea?
Because he’s a grifter who doesn’t say anything not approved by the FSB….that’s the only explanation.
When he started he might have been below the radar. But now? Now he’s a grifter who “almost” criticizes with published info but sneaks some politically advantageous propaganda to his western audience.
Konstantin
IS NOT IN RUSSIA.
Aware of that… he was and had to get the hell out for his own safety. He has direct links to Russia with good info coming from inside. No BS or propaganda!
First time I've listened to you....but it won't be the last.
Very honest and straightforward.
Konstantine is a gem of a guest.
🇺🇦✌🇺🇦
🤍💙🤍
Two of my favorites talking together.
24:30 The Kyiv School of Economics (KSE) traces the Russian grey fleet of oiltankers and provides a lot of informations on the (rusty old) ships, loading, destinations etc... Datasheets are available on their website (PDF).
I've just spent several hours watching an excellent video of the downfall of Napoleon. The parallels between Putin and Napoleon are stunning. In both cases, the megalomaniac dictator extends his power militarily into foreign lands. The nations united against Napoleon are, however, not presently seen united against Putin. Money is no substitute for armed columns approaching from opposite directions.
That, of course, is the issue.
Unfortunately, the Ukraine military war appears to me to be a stalemate --- a war of attrition. That does not bode well for Ukraine.
Then there is the sanctions war. Can that be decisive in the face of Putin's intransigence and the resources Russia has? It hasn't been so far. Perhaps that will change, and perhaps not.
Those are the two issues from what I can see.
One should not forget the Napoleonic Code. It is different from the evolutions of the English Common Law, but different is neither good nor bad per se. The fantastic agglomerations of inconsistent and archaic laws that it swept away were terrible.
I'm sure advocates of Eurostatism might express the same sentiments. And Kaiser Wilhelm and Adolph as well.
Despite all the similarities, you should not overlook the biggest differences: the Corsican was actually a very competent commander and legislator (as already mentioned above), while probably no more feature films will be made about the bald Kremlin dwarf in 200 years than there are about Gaddafi or Saddam.
@@robderich8533 I can see it providing the basis for a Blackadder-esque comedy.
Russian law forbids those owing more than 30,000 rubles ($482) from leaving the country until their debts are settled. +7 mil. Russians, were refused travel!😅 in the past.
One of Your best Presentations Ever.
Appreciate the interview and helping us stay informed. I especially appreciate when a man will admit they missed something or made an error, thank you.
I hope putin will stop his invasion of Ukraine 🇺🇦. That would help the economy and save lives .
Like president Putin did?
Hello. I left a comment here at roughly 10:40 pm, which has disappeared (now 10:46) I believe it is a comment worth reposting, so I will do it repaste it:
🇺🇦 very. 🇺🇦 Interesting. 🇺🇦
Slava Ukraini. Heroyam slava.
🌻🌻🌻🌻🌻🌻🌻🌻🌻🌻🌻
Thans Guys for thuis conversation
Konstantinos Samoilov Thank You for your talk. I will wait for your next talk.😊😊😊
Thank you for giving a broader picture about the Russian economy like the private debt issue.
We won’t need to invest in Russia’s recovery. Sometimes it has to hurt, for the lesson to be learned.
Very good call on the pain. That's why the Russians will only accept unconditional surrender. 😊
@@jantzfitzgerald6115Are you snarking me?!? RUSSIA will only accept conditional surrender, as if Ukraine will surrender? Don’t hold your breath, Russia.
Hey I’m here now. Johnathan, I commented on Jake’s channel. But I want to repurpose it here. I’m a premier activist for Ukraine on yahoo news I spend every night and half of my morning fighting disinformation. I’m pretty sure I’m #1 with responses and time spent there. I think we need to tighten the support circle and formulate a plan to reach as many people as possible. I can’t post links there, but I do respond to as many trolls as possible. Every article. Thoughts?
It’s tough increasing the audience for this material. One way is to do more collaborations with other CZcamsrs- which I’m trying…
My two most favorite people together in one show! I don't even have to bother clicking to change to another channel - just sit here and be edified! However, regarding oil & gas, one of my other favorite persons is Joe Blogs and he shows, using Russia's own data, that the oil & gas industry in Russia has really been devastated despite the machinations to evade the sanctions - revenues from that sector are down by at least 50%. Slava Ukraini 💙💛
The worst stat is the sheer Russian losses, they are recording 800 a day 5000 soldiers a week are being lost week in week out, Ukrianian losses are a lot less, probably half or even less. Unrest is as Konstantin says evident, but not unexpected and you may already see 1000 civil loses per week, even moving higher than military losses. 20 million 2nd WW losses to me suggest Stalin had civil war during the 2nd WW.
"As per Ukrainians officials"😂 Media Zone. BBC subsidiary. Tels different story 37K. Since the beginning 😊..so. Check your sources 🐑
@@JohnCSmith-lp1qr clown
During WW2 Stalin’s army pre-razed everything ahead of the advancing forces. History blamed Germany for its scorched earth methods. It was actually Stalin just trashing everything and killing everyone.
@@JohnCSmith-lp1qr Yes, my error 325,000 Russian is a Ukraine estimate which includes wounded, ok fairer figures may come from Aljazeera who use US figures 19th August 2023, approaching 300,000 Russian losses including 120,000 deaths. So I take your point, losses aren't purely deaths.
It suggests the ratio is 1:2 deaths or approaching that. I also think there is probably civil unrest in Russia with losses.
Humanity is not liked,
eBook series 'Religion Separates Man From God.'
czcams.com/video/UynAc5lvibE/video.html
@@mikenine1962 I guess you forgot The Pentagon Leaks. 7 dead Ukrainians for every 1 Russian.....Considering the Arteliry ratio...Air Support. And Russian defense lines ( Mine fields ). The Ratio seems right. Ukrainians are lying. For Morale boost and more cash from the west
Excellent analysis
Konstantin is very knowledgeable.
Excellent conversation! Thank you.
Glad to see Konstantin’s message are spreading.. he tells the truth about Russia.
Russian Telegram channels reported the largest plant manufacturing diesel engines for military equipment is on fire in Russia's Chelyabinsk. Later reports clarified that the transformer yard supplying power to the plant suffered a transformer explosion / fire and blacked out the plant.
A tank factory has also gone up in flames.
👍🏼👍🏼👍🏼
Don’t you mean a “fireworks” factory ;)
Damn, that smoking problem is really out of control.
Happens in America every year
The Titanic wasn’t hit by an iceberg. The iceberg was hit by the Titanic.
It was an attack iceberg.
Trivia: If the Titanic had hit the iceberg head-on, it probably wouldn't have sunk, though the front of the ship would have flooded. In trying to avoid it, the ship raked along the side and breached too many compartments to stay afloat.
Comparing russia with the Titanic, is a definate view to concider. The end cannot be stopped,
SLAVA UKRAINE! 🔱💙💛✌😊
An unusual number of bots in the comments. This might be a positive KPI for the channel.