Civil war in Ukraine

[sgarg]

No words))) What Russia produces now, what is bought on the world market?

You are brainwashed. The consumer goods are not the only things that are needed by an economy. Russia produces a number of engineering goods which are in use in India.

Even USA produces no consumer goods. All consumer goods are imported in USA.

Russia just built two NPP in India and it will likely build more. Can Ukraine do that??

Russian economy is diversified means it produces a lot of things that its people need. Russia and India and China do not need a lot of trade.

 

[pmaitra]

You're a very serious man Mr. @pmaitra. You should learn to relax there in the US. I read somewhere that there are a lot of pretty women in Las Vegas... Oh, I envy you man!

But I must agree Russian girls are more enticing...

Anyway, here's a graphical presentation of EU-Russian trade in goods, the blue bar represents Russian exported goods:

Russia needs to develop more diversified products, and not rely on energy alone. They are doing very good in software. Check out some of the latest games developed by the Russians (e.g. Spin Tires).

You are brainwashed. The consumer goods are not the only things that are needed by an economy. Russia produces a number of engineering goods which are in use in India.

Even USA produces no consumer goods. All consumer goods are imported in USA.

Russia just built two NPP in India and it will likely build more. Can Ukraine do that??

Russian economy is diversified means it produces a lot of things that its people need. Russia and India and China do not need a lot of trade.

Most of the things in my apartment are made in China. Even my old Hewlett-Packard laptop is made in China. So is my office DELL.

 

[sgarg]

You're a very serious man Mr. @pmaitra.

Anyway, here's a graphical presentation of EU-Russian trade in goods, the blue bar represents Russian exported goods:

So food is not a major export item as claimed by Akim that lack of food will kill Russians.

Major items are engineering goods, vehicles and chemicals.

Of course EU is not the only producer of these items.

Russians will drive in Chinese and Indian made cars. Who cares!

 

[asianobserve]

@sgarg

Please understand what's consumer goods first before you start talking about it. Here's a resource for a start:

consumer good (economics) -- Encyclopedia Britannica

 

[sgarg]

Very relevant here are view of Richard Celente:

Celente added: "If anybody is stupid enough to consider fighting Russia, they should just remember what happened to both Napoleon and Hitler. The Russians are not going to be defeated. This isn't Iraq. This isn't Colonel Gaddafi in Libya. These are the Russians.

They are armed to the teeth, they are technically savvy, and they are not going to give an inch. I don't believe the politicians or the military would dare threaten to go into any kind of an armed conflict with Russia because if they did, it would be the beginning of World War III. And as Albert Einstein said, 'I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.'"

 

[sgarg]

@sgarg

Please understand what's consumer goods first before you start talking about it. Here's a resource for a start:

consumer good (economics) -- Encyclopedia Britannica

Dont make stupid comments like throwing a dictionary at me. Make a proper and reasonable point.

 

[Akim]

This is an opportunity for Russia to develop its own domestic industries. A lot of them were appropriated, laundered, pilfered, deliberately destroyed by the criminals like Berezovsky and Khodorkovsky during the Yeltsin era, when corruption ruled the land, but thankfully Putin put an end to this corruption, and these criminals found political refuge in the west, with whatever money they could steal out of Russia.

Russia doesn't need to import apples and cabbages from EU. Growing fruits and vegetables is not rocket science.

It is true that the west is technologically more advanced, but it is not true that Russia cannot develop on its own.

Check this train out. It was built in Tver (with collaboration from Alstom), where my Indian friend's sister lives:
Double-Decker Train "Moscow-Sochi" to Olympics-2014. "Real Russia" ep.72 - YouTube

Bottom line is - sanctions will not work. It did not work with India. It will certainly not work with Russia. It will only make Russia more self sufficient.

I'm not an Oracle - we'll see.

 

[asianobserve]

Russia needs to develop more diversified products, and not rely on energy alone. They are doing very good in software. Check out some of the latest games developed by the Russians (e.g. Spin Tires).



Most of the things in my apartment are made in China. Even my old Hewlett-Packard laptop is made in China. So is my office DELL.

Russia no doubt can do more to diversify its economy but I think the political and economic realities on the ground favors reliance on energy and raw resources export. It just make sense for the oligarchs controlling Russia - low capital and competition and maximum return for them. Consumer goods on the other hand is a very competitive business (it needs a lot of constant investment in R&D, new machineries and marketing as products must regularly be updated to match the competition).

 

[pmaitra]

Russia no doubt can do more to diversify its economy but I think the political and economic realities on the ground favors reliance on energy and raw resources export. It just make sense for the oligarchs controlling Russia - low capital and competition and maximum return for them. Consumer goods on the other hand is a very competitive business (it needs a lot of constant investment in R&D, new machineries and marketing as products must regularly be updated to match the competition).

There is one good thing going for Russia.

Russia's Flat-Tax Miracle

Over here in the US, the Socialist Obama is busy selling insurance to the people. The US is making the same mistakes that the USSR did. Socialism is good to some extent, but not this.

Personally, I am comfortable, but I wonder where my tax dollars go. I do pay a lot of tax, and after paying so much, I don't want to see folks standing in the cold snowy winters at the bus stop waiting for a bus to come, while the top 5%-10% are obnoxiously wealthy, and get a whole bunch of tax breaks. The shrinking middle class will bring America down.

I don't vote. I am not responsible for electing people to Congress, or for making the laws. I guess this is best left for an apt thread.

 

[sgarg]

Russia no doubt can do more to diversify its economy but I think the political and economic realities on the ground favors reliance on energy and raw resources export. It just make sense for the oligarchs controlling Russia - low capital and competition and maximum return for them. Consumer goods on the other hand is a very competitive business (it needs a lot of constant investment in R&D, new machineries and marketing as products must regularly be updated to match the competition).

Your point is rhetorical. Please back up your point with data and facts. The fact is there has been a revival of Russian industry under Putin. Care to refute that.

Ukraine is in the dustbin as Ukraine is deeply divided and leadership is NOT EFFECTIVE.

 

[Akim]

You are brainwashed. The consumer goods are not the only things that are needed by an economy. Russia produces a number of engineering goods which are in use in India.

Even USA produces no consumer goods. All consumer goods are imported in USA.

Russia just built two NPP in India and it will likely build more. Can Ukraine do that??

Russian economy is diversified means it produces a lot of things that its people need. Russia and India and China do not need a lot of trade.

Germany exports cars earns more than Russia exports its technology. Russia has built in India - Soviet reactor. She can't do something new. How long India was altered "Admiral Gorshkov"? This is because the experts in the construction of aircraft carriers remained in Ukraine after the collapse of the USSR. And all very valuable professionals had stolen the USA and China.

 

[pmaitra]

@sgarg and @asianobserve,

Both of you have made valid points.

Under Putin, there has been a lot of revival. Russia is also lagging behind the west in the consumer goods sector.

For example, in India we make the Russian UralAZ trucks. Most of the truck is pure Russian technology. Very capable off-roader, and very robust. However, the engine, YaMZ-650, is made in Russia with collaboration with Renault.

 

[pmaitra]

Germany exports cars earns more than Russia exports its technology. Russia has built in India - Soviet reactor. She can't do something new. How long India was altered "Admiral Gorshkov"? This is because the experts in the construction of aircraft carriers remained in Ukraine after the collapse of the USSR. And all very valuable professionals had stolen the USA and China.

Don't worry. Very soon Nikolayev will become part of Russia. All the lands, up to Zhitomir, will become Russia, and that cancerous tumour called Lvov will be kicked out to fend for itself. The people there can then draw Swastika tattoos all over their bodies and join the EU.

 

[asianobserve]

There is one good thing going for Russia.

Russia's Flat-Tax Miracle

Over here in the US, the Socialist Obama is busy selling insurance to the people. The US is making the same mistakes that the USSR did. Socialism is good to some extent, but not this.

Personally, I am comfortable, but I wonder where my tax dollars go. I do pay a lot of tax, and after paying so much, I don't want to see folks standing in the cold snowy winters at the bus stop waiting for a bus to come, while the top 5%-10% are obnoxiously wealthy, and get a whole bunch of tax breaks. The shrinking middle class will bring America down.

I don't vote. I am not responsible for electing people to Congress, or for making the laws. I guess this is best left for an apt thread.

If you want to enjoy the tax incentives of the rich then you should consider finance. Indians in America are thriving in finance (just don't be tempted to go as far as doing insider tradings or stock manipulations).

 

[pmaitra]

If you want to enjoy the tax incentives of the rich then you should consider finance. Indians in America are thriving in finance (just don't be tempted to go as far as doing insider tradings or stock manipulations).

I do not wish to get into stocks. You know my position on stock manipulation. It is very similar, (with differences), to currency manipulation. It is a matter of principle.

During Obama's time, more Dollars were printed than were printed since the times of George Washington to George Bush.

(printed here essentially means created)

Barack Obama - President
Jack Lew - Treasury Secretary
Ben Bernanke - FED honcho until recently

What is common between these three? Harvard.

I do not subscribe to the Harvard-Yale clique school of economics. My position is clear here: http://defenceforumindia.com/forum/...s-why-mainstream-views-different-reality.html

America is rich in resources, and hard working people. It just needs a government that will work for the people, and I don't mean giving out doles.

 

[Akim]

@Akim,

I just remembered, that I do have a traditional Tuvenese jacket, made in modern Russia. Something like this:

I live next to Russia. My Russian products only socket and perforator. Car Geely (China), furniture (Ukrainian-Polish production), TV - "Electron 32" (Ukraine), refrigerator Snaige (Lithuania), washing machine, Beko (Turkey), elektric stove Indesit (Italy), microwave, LG (Korea), fitness: the fitness station, stationary bike, treadmill (Germany), infrared heater UFO (Turkey), iron (Ukraine).

 

[asianobserve]

Dont make stupid comments like throwing a dictionary at me. Make a proper and reasonable point.

I posted the link to offer you a resource on "consumer goods" since I noticed that you don't really understand what it means when you posted this statement:

You are brainwashed. The consumer goods are not the only things that are needed by an economy. Russia produces a number of engineering goods which are in use in India.

Even USA produces no consumer goods. All consumer goods are imported in USA.

Russia just built two NPP in India and it will likely build more. Can Ukraine do that??

Russian economy is diversified means it produces a lot of things that its people need. Russia and India and China do not need a lot of trade.

Consumer goods are generally divided into 3 categories: durable (cars, houses, furnitures, etc.), non-durable goods (foodstuffs, clothing, etc.) and services (banks, health care, accounting, etc.). So when you say that the Americans are only importing consumer goods then I know you don't really understand the matter.

 

[pmaitra]

@sgarg, the US does produce consumer goods, but most of the consumer goods that I have at my home, are made in China.

@asianobserve, yes, calling loans and financial deals "products" is a relatively new terminology introduced by economists. I call it pen-pushing and paper-pushing. It is basically playing with numbers. If we look at China's ownership of US government bonds, then we know who actually controls what percentage of the financial market. It is a shame that the American Dollar comes out of a private bank (Federal Reserve). The national currency should be firmly in the control of the elected government. It isn't. Thankfully, India is not like that and RBI keeps the Indian economy isolated from the shocks of the global market.

 

[Akim]

@sgarg, the US does produce consumer goods, but most of the consumer goods that I have at my home, are made in China.

@asianobserve, yes, calling loans and financial deals "products" is a relatively new terminology introduced by economists. I call it pen-pushing and paper-pushing. It is basically playing with numbers. If we look at China's ownership of US government bonds, then we know who actually controls what percentage of the financial market. It is a shame that the American Dollar comes out of a private bank (Federal Reserve). The national currency should be firmly in the control of the elected government. It isn't. Thankfully, India is not like that and RBI keeps the Indian economy isolated from the shocks of the global market.

Look not to the country of origin, and at the Central office. Chinese cars produced in Ukraine (Geely (Kremenchug), Cherry (Illichivsk)), but the Central office is located in China. Cars Skoda released in Ivano-Frankivsk, but the Central office is located in Czech Republic.

 

[sgarg]

Germany exports cars earns more than Russia exports its technology. Russia has built in India - Soviet reactor. She can't do something new. How long India was altered "Admiral Gorshkov"? This is because the experts in the construction of aircraft carriers remained in Ukraine after the collapse of the USSR. And all very valuable professionals had stolen the USA and China.

What is the state of shipbuilding in Ukraine? Name one industry in which Ukraine has done well? You do not live in Germany?

Both Russia and Ukraine have come out of USSR. Out of this, Ukraine has been a very poor performer.

Ukrainians are spoilt kids who want pensions for everything. What industry is there in Lviv? Care to tell me? You will get rich just by licking EU's [edited].