Lies, Russia stronk
Its still not some terrible crisus
It would be bad if it was like 8%
It just sucks when everyone is growing
what does snimok mean
I like how the US media uses Putin synonymously with Russia constantly. They don't do that for any other country
Welcome to the brave free world.
Funny how they always talk about oil price but there isnt anywhere you can actually buy crude oil as a private person
would sure like to have some for 30cents a liter
I thought China is paying for Russia's welfare now?
Russia is governed by literal imbeciles and criminals, our econony in its current condition would be falling even with oilprice of $700/barrel.
What would you do with a liter of crude oil?
You can buy gas made from stolen oil on caucasus.
100% Western propaganda.
Sanctions only made Russia stronger as a country. They are more unified than ever before. Putin was and still is the glorious leader of the Russian nation. It's only a matter of time decadent westerners will submit to Russian might!
We are selling them gas at half the price, russian citizens pay more for russian gas than chinese.
In 2014-2016 oil fell to the floor, we helphelped in Syria and on the Ukraine and there were sanctions. Yet economy fell only by ~3% and then resurged. Putin's genius proved again.
Russia spent last money from Reserve Fund in December 2017.
So eventually ruble will go down again to fill budget.
theres anothoer fund to burn thru though
Grivna now costs 2 roubles. That proves that Ukraine is 2 times more successful than Russia.
Back in 90's Russians always complained that we have many people and resources but no money to start new production and become better. Under Pitun even billions can't change a fucking thing.
Another fund supposed to be for future pension deficit not for budget. But yeah, they will burn it.
Society in this country do not have property institutions.
Most of the people in the country okay if large capitals will be arrested, who the fuck will invest into such shithole?
At least everyone knew what these fund were gonna fund, "future pension" my ass. If I live till the current pension age, most likely the pension practice as we know it today won't exist at all, probably along with russia.
Ukraine strong! Grivna strong!
Germany will pay the pensions unless they want Russia to nuke them.
Go fuck yourself, boi.
It has been stagnating with $100 for a barrel. 1-2% of GDP growth in Russia is at level of statistical bureau cheating, meaning the real growth was even less.
>but no money to start new production
Money is a function from population and production along with part in international trade. In ex-USSR not money is the problem, and not only institutions. It's the absence of rules and irregularity in usage of laws, laws are written that way, they can be exploited by ruling class anyway they want.
Russia need to clone Stalin.
So you could die by millions either of starvation or in gulags?
Most of those who sat in the GULAG actually broke the law. Khrushchev scuppered Stalin because he was his political opponent. Millions is a myth.
Expat response to these news
>What Our Economists Say...
Some methodologies may point to a contraction in the third quarter -- ours doesn’t. The expansion continues, though it’s sluggish relative to history. The final quarter of 2017 should see more of the same, bringing annual growth to about 1.7 percent.
>--Scott Johnson, Bloomberg Economics
they actually try to defend you
But it's still growing overall despite sanctions, and the oil prices haven't been 70 bucks all year. It's rising ever so slowly.
>RUSSIA WILL GET OFF THE OIL NEEDLE ANY DAY NOW
t. Putin and his pals since 2001
Thank you, Obama!
SOON GETTING SOON
Nice. Pigdogs must suffer.
Fug, this man is awesome
Just to sending Asstonians to their historical motherland
It began falling in 2013 with oil prices near 108$ before ukraine, sanctions, syria, etc.
into the trash
meanwhile, Russian economy is booming, constructions everywhere, salaries grow, unemployment rate falls down
Don't worry, the crisis is coming, the bubble in the market is now huge so it's gonna burst soon
> , salaries grow,
2 years ago you had to pay 82 roubles to get 1 dollar, now you need only 56 roubles
While JPMorgan says the “weakness will be transitory,”
The article literally goes on to say the downturn will be temporary and the most significant impact it might have is simply on Putin's election campaign. Then it says the downturn has to do with a hot second half of 2017. So it's fucking nothing.
> pole thinks he knows better
More wars in the ME pls
Of course it will be temporary, but that does not mean that it is not bad. Growing later is no supplement for growing now. Ideally, you would want to grow all the time, especially in a country were basic things are still missing. Russia will be even further behind after this.
Also in Europe people get buttmad when Germany or France grow less than one percent. Shrinking is not even imaginable.
They did that with Iraq too and look what happened.
ps. please avoid shooting nukes near finnish border.
> GDP is a flawed indicator, life in Russia gets only better
Fun fact: Contrary to what Russians always say, GDP figures include black markets, drugs etc. It is hard to estimate GDP for countries like North Korea, because there is no reliable data or the data is not published, but for Russia, it has never been underestimated in history. To the contrary, it has been overestimated many times.
No not 'of course it's transitory' the OP makes it sound like Russia is done while pothole actually just means a minor bump in the road.
It means a major bumphole which will make the truck stop for ten hours, which will make its arrival late.
>Contrary to what Russians always say, GDP figures include black markets
But "shadow economy" is what Ukrainians always say, not Russians.
So you're saying the article's totle is misleading too? Again it itself states that the primary impact will be on putin's election campaigning.
That's what they naturally care about from an American perspective. Why would they care if babushka can afford her vodka ration?
The wheel of peremoga is not just a Ukrainian thing DDDD
He would still win so again, nothing. He'd have to shoot somebody on the red square to lose(and even then)
but we have CRIMEA also we destabilize ukraine(our brother nation since always) in donbass
How to intake Russians and not have Ukraine 2.0?
I did not imply that he will lose.