Gasprom CEO Aleskey Miller has announced a major new deal with China to deliver 10 billion cubic meters of Sakhalin Island shelf has in the Russia Far East. It will be fully operational in the next 3 years.

This locks up most current production of natural gas in the Russian Far East, as Russia has previously been in negotiations with Japan to receive this supply, now under a 30 year contract with China.

The good news is, this isn’t the gas that had previously been going to Europe, so when they get their heads on straight and start acting right, there will be Russian gas available for them too. Not sure if their economies will have a need for it since they are losing industry at a rapid pace.

You should change the title of this thread to

How much has life gotten worse since Joe Biden was first elected…..

“Isolated” Russia has a large delegation of diplomats and businessmen at the meeting of the Shanghai Cooperation Organization. Putin is meeting a number of other leaders and discussing a variety of economic and diplomatic issues.

Between hosting multiple trade and economic forums and meetings at home, meetings with BRICS leaders, one on one meetings with a variety of world leaders, now the SCO.

Apparently, Russia didn’t get the memo that we have declared them “totally isolated” lol.

I see income in Russia is continuing to rise, and wage gains are outpacing inflation. Russians are seeing more money in their pockets, as tax increases target mostly the very wealthy and leave average Russian working people with one of the lowest tax burdens in the world.

To think, when Putin became President, people were barely making a thousand dollars a year, had high taxes, and high unemployment

Now they are making more than 15 times as much, prices on many essential products are protected, tax rates are dramatically lower, wage growth is very real, and anyone who wants to work has a job. All they have to do is show up.

And he’s done this without borrowing $36 trillion to trick people into thinking the economy is good and setting them up for a wipeout later when it comes due.

Putin wisely took a long term approach instead of telling people everything they want to hear, but lying to the population about the real economy and borrowing to hide the truth.

That’s what real economists are better than political hacks.

Even 15 rounds of sanctions, 13,000 different sanctions from the worlds leading economies barely affected it.

Imagine what would happen to the US economy if we had to start paying more than just the interest on our debt. We’d collapse and all of the capital thats been propping us up would run for the borders.

Facts.

One of my favorite parts of post Soviet history is the sardonic story of the 1996 election. Yeltsin had approval ratings barely out of the single digits, yet won reelection thru the chicanery of American “election advisors” who rightfully concluded that the Communist Party candidate was likely to win.

How all the undemocratic workings actually worked doesn’t matter. What matters is that Yetsin won another term and ended up hand picking Vladimir Putin out of virtual obscurity to become acting President when Yeltsin resigned his post. After a brief period as acting President, it was election time and Putin cruised to victory. Yeltsin stated several times that he regretted how easily Americans were able to manipulate his own election. Hence, his choice of Putin.

Americans “heavily influenced, ahem, the very election that allowed Yeltsin to be in power, to be able to resign when he wanted, to hand pick a successor and help ensure a new course was charted that couldn’t be so easily controlled by foreigners.

Am I the only one that finds that absolutely hilarious?

It’s definitely one of the US’s biggest foreign policy blunders. We really showed them how to run a democracy lol.

Of course, our system only midwives other countries election outcomes, and never our own. That would undemocratic, and, after all, that is said to be the bedrock of America.

Ask those that live in Georgia, Chechnya and Ukraine.

(06-28-2024 03:46 PM)Todor Wrote:  Gasprom CEO Aleskey Miller has announced a major new deal with China to deliver 10 billion cubic meters of Sakhalin Island shelf has in the Russia Far East. It will be fully operational in the next 3 years.

This locks up most current production of natural gas in the Russian Far East, as Russia has previously been in negotiations with Japan to receive this supply, now under a 30 year contract with China.

The good news is, this isn’t the gas that had previously been going to Europe, so when they get their heads on straight and start acting right, there will be Russian gas available for them too. Not sure if their economies will have a need for it since they are losing industry at a rapid pace.

Russis had enough wealth to be a Norway type country one the get over the commie hangover

(07-05-2024 11:21 AM)shere khan Wrote:  

(06-28-2024 03:46 PM)Todor Wrote:  Gasprom CEO Aleskey Miller has announced a major new deal with China to deliver 10 billion cubic meters of Sakhalin Island shelf has in the Russia Far East. It will be fully operational in the next 3 years.

This locks up most current production of natural gas in the Russian Far East, as Russia has previously been in negotiations with Japan to receive this supply, now under a 30 year contract with China.

The good news is, this isn’t the gas that had previously been going to Europe, so when they get their heads on straight and start acting right, there will be Russian gas available for them too. Not sure if their economies will have a need for it since they are losing industry at a rapid pace.

Russis had enough wealth to be a Norway type country one the get over the commie hangover

They were stupid to privatize things the way they did. But they didn’t yet understand American advisors were not there to help, but to hasten the nations destruction, not to mention to get ahold of Russian assets for their own personal profit.

It really was a shame they fell for it. But that’s why Yeltsin is so hated, why few people there trust the US government, and why actions like the SMO have broad support. People at least grasp what their country is up against now, because they lived thru it.

EU and NATO leaders still going to to Moscow to meet with Putin. The EU and the US can’t stop it. Damn that last bit of pragmatic foreign policy in those few European countries.

Fico stated he wishes he could have gone too. Of course, he’s still recuperating from getting shot in an assassination attempt.

Yeah, the one that was almost I instantly dismissed by the greater European media and within minutes was declared to be “just a person acting alone. No evidence of anything more. He was acting completely alone…” Bit then they allude to how “divisive” Fico is lol. It even subtle about it. Shameless.

And since then, we have heard very little about it, about Fico himself, the shooter, the shooters background, his recent travel, the investigation into his contacts in other countries, his political leanings, and so on.

The leader of an EU country survived an assassination attempt and the news dropped the story like. Hot potato as quickly as it dismissed it as essentially “nothing to see, he lived, what else is there?”

Thankfully, some European leaders are courageous enough to at least speak with Russia. Without that, there will never be a solution to anything regarding Russia.

Although, with the Deep State still on a rampage, and with an unlimited supply of blank checks, I guess there won’t be any solution anyway.

Lord of War Junior, also known as the United Kingdom, has been hyping the narrative that their sanctions have helped bankrupt Russia.

But now, Chancellor of the Exchequer Rachel Reeves has said

“I have repeatedly warned that whoever won the general election would inherit the worst set of circumstances since the Second World War.”

“We face the legacy of 14 years of chaos and economic irresponsibility,” she said, accusing her Tory predecessors of acting out of “political self-interest” as part of a “government that put party first, country second.”

The Guardian recently said Britain has its biggest deficits in 60 years.

Who’s bankrupt? Who is out of money? Who can’t afford the war in Ukraine? Who is the one living on credit and borrowing?

I hope no Russian directly quotes Britains own officials, because then it would become “propaganda” lololol.

I love how British media and government use American intelligence reports for all their lies, and American media and government use British intelligence for their lies.

To use a common Russian term, #ThievesInLaw… Look it up.

Meanwhile, an EU and NATO member has jailed an ethnic Russian citizen for 3 years for displaying the Russian flag.

https://www.themoscowtimes.com/2024/07/1...rts-a85681

When Latvia joined NATO it was stated that “they adopted a European sense of freedom and openness incredibly quickly.”

I’d say that is actually pretty accurate lol.

NATO is slowing acknowledging there will be no new offensive coming from the Ukrainian army at all this year.

They are now promising to deliver weapons that havent even been manufactured yet. Stocks and supplies are gone, all over Europe and here as well. 40+ countries…

And to think, when the SMO began, all the talk was about Russia running out of weapons.

I believe that was from one of those American intelligence reports, citing British reports, that cited unnamed sources.

#IraqiWMDTruth

War in Ukraine, the Middle East, and trade war with China severs Europe quite neatly from Asia and throws them—quite expensively—into the jaws of America. By provoking war with Russia (always a bad idea for Europeans), America has cut off their land connection to Asia. By prolonging the genocide of Gaza (bravely resisted by Yemen), America has cut off their sea connection as well. Europe is completely cut off from everything except their own delusions of grandeur and American propaganda.

Without cheap gas, Europe is just an investment portfolio masquerading as a democracy. But their is stock is low, and voters are getting restless.

Perhaps the US can hit up the Title Loan Shop (China) and borrow some money to loan to Europe lol.

We’re so doomed. We’ve been sold and we don’t even know it yet.

#GetYourTitleBackWithTitleMax

America is Europe's worst enemy. Now Europeans are buying over-priced American gas and paying a NATO war tax for the privilege of feeling privileged. Meanwhile European companies are shutting down or just leaving. America has drawn an ironic curtain around Europe and called it freedom.

If you look at who's physically bombing Europe's pipelines, who's extorting them with high-energy prices, who's deindustrializing them, and who's stripping their armories, it ain't the stated enemies. It's America. America has been pretending that its occupation of Europe was all nice and friendly for decades.

Now, however, the mask is off and Europe is actually paying the price for all the conflicts America is starting. Europe is being economically destroyed by all of America's shenanigans in Russia, in the Middle East, and against China. America starts a fight and Europe gets hit.

Besides the second-order effects of America's global mayhem, they're now attacking with Europe directly.

(07-14-2024 10:11 PM)Todor Wrote:  If you look at who's physically bombing Europe's pipelines, who's extorting them with high-energy prices, who's deindustrializing them, and who's stripping their armories, it ain't the stated enemies. It's America. America has been pretending that its occupation of Europe was all nice and friendly for decades.

Now, however, the mask is off and Europe is actually paying the price for all the conflicts America is starting. Europe is being economically destroyed by all of America's shenanigans in Russia, in the Middle East, and against China. America starts a fight and Europe gets hit.

Besides the second-order effects of America's global mayhem, they're now attacking with Europe directly.

You getting worried?
How much do they pay you Ivan?
Do they have access to actual American dollars?
Keep posting on top of yourself. Ole Shere will show up in a minute and care when he don’t care. Otherwise, you go stick an ATCMS up your ass.

I just read a nice article about Putin and elections all over NATO countries. The longer the SMO goes on, the longer it costs citizens of supporting countries money, the longer they are losing jobs, buying power, hurting economically, the better it is for Russia.

For starters, Europe will kick in less for NATO. That frees up more cash there. As things improve in Europe, it will be a direct result of cutting at war spending in the public mind. That’s good for Russia. The amount Europe is still spending with Russia is still huge, and will only increase over time.

It is also bringing in a whole new crop of populist politicians who are not anti Russian at all. That’s good for Russia. Keeps Europe off balance a little as the old guard have to moderate to fight of new challengers and new ideas.

It also ultimately pushes more NATO spending back on the US, who up has to borrow most of the money they spend on their military, so that weakens them long term, and reduces the threat of the main country that has been attacking Russia on every front- particularly socially, but also politically, economically, and in foreign policy.

The election in the US will also benefit Russia, because the more time and money spent focused on them, the less time and money will be spent fixing US social and economic problems.

It was an interesting take on things.

Ive PM’d the link to my regulars. Others can request it.

Every time the collective West tries to sanction one Russian export, another starts surging.

Gold has reached a new record head.

https://www.reuters.com/markets/commodit...024-07-16/

And Russian gold production is surging, leading to increased orders for mining equipment and supplies and creating a ripple thru the economy, from manufacturing, to steel, to fuels, to supporting industries, back to mining, back to more manufacturing, back to more steel, and just continuing in a nice little circle.

Russia is probably the only place in the world where gold can be produced using an otherwise useless commodity-local oil. Russia has a ton of small scale oil production that is simply too expensive to get to markets because of isolated locations and logistics. Small scale refining operations allow it to be used near the source.

That makes Russian gold the cheapest in the world to extract. The most expensive factor, energy costs, are virtually non existent.

High resource utilization, vertical integration, and an unsanctionable product have left Western schemers scratching their heads. Every move they make just keeps opening up new lines of business.

Now, as Western economic failures in Ukraine are dragging down their economies, they are turning to gold as an economic refuge. They are now buying Russian gold lol.

#Outsmarted
#Outplanned
#Outstrategized
#OutOfIdeas

Hungary is looking to increase its share of the EU electricity market. It has just agreed to a new multi billion dollar plant that will nearly double its generating capabilities.

Since US and Middle East supplied LNG is so expensive, Europe has continued to search for a cheaper alternative.

Investing in Rosatom has paid off handsomely for Russia. It was one of Vladimir Putins shrewdest moves. It has brought in hundreds of billions in construction contracts now, and in recent years. Those deals will then bring in tens of billions management, service, and maintenance fees, not to mention fueling the plants for many decades to come.

Currently, Russia has construction in progress in several countries-

China
India
Iran
Vietnam
Egypt
Bangladesh
Turkey

With plans for more new plants in-

Sri Lanka
Brazil
Kyrgyzstan
Myanmar
Nigeria
Burkina Faso
Saudi Arabia
Uzbekistan

6 deals have been signed since the SMO began.

#WeIsolatedThemAndCrashedTheirEconomy

I like to drop in on Tudors monologue propaganda thread largely just to laugh at the silliness and to inject a bit of reality into this threads fantasy narrative. All measures below are in US dollars.

US GDP in 2013 (the year before US led sanctions began on Russia due to Putins actions in Ukraine)---16.88 trillion

US GDP in 2022---27.36 trillion

https://www.statista.com/statistics/1881...ince-1990/


Russian GDP in 2013 (year before they were hit with US sanctions due to actions in Ukraine)---2.288 trillion

Russian GDP in 2022---2.272 trillion

https://www.statista.com/statistics/2637...in-russia/


Basically, the Russians have lost an entire decade of growth due to Putin "out smarting" and "out maneuvering" the West. In fact, as of 2022, their GDP was still not where it was in 2013 before Putin foolishly began his Ukrainian mistep....and thats just a portion of the financial cost. Im not even considering the 500K+ dead and wounded young Russia men and the loss of literally an entire defense deparment's worth of equipment, armored vehicles, anti-aircraft systems, artillery pieces, and aircraft. His mighty Black Sea Fleet is reduced by a third and currently is in hiding, no longer able to block Ukrainian exports in the Black Sea. Putin has basically squandered most of his Soviet era war machine inheritance for a sliver of Ukraine---assuming he manages to hold on to what he has---which---while likely----is not a certainty.

Facts matter.