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Russia faces slow motion financial disaster

Posted on 1/16/18 at 1:32 pm
Posted by Eurocat
Member since Apr 2004
15047 posts
Posted on 1/16/18 at 1:32 pm
Dunno whether to post this here or on the money board but Russia is a political enough "matter" for it to go on the politics board, or so methinks.

LINK /

Posted by GumboPot
Member since Mar 2009
118850 posts
Posted on 1/16/18 at 1:35 pm to
Their uranium resources will save them.
Posted by TigerDoc
Texas
Member since Apr 2004
9904 posts
Posted on 1/16/18 at 1:36 pm to
Yeah, some of the Russia experts think that Russias aggressive anti-western campaign is a bit of a hail mary to defend against serious internal problems with the regime which if it continues on its current path could end up (not imminently, but over a longer period) with a coups like Zimbabwe.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 1/16/18 at 1:37 pm to
quote:

Their uranium resources will save them.



Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 1/16/18 at 1:39 pm to
The US is slowly building an infrastructure that could potentially cripple the Russians' LNG industry in Europe.
This post was edited on 1/16/18 at 1:41 pm
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 1/16/18 at 1:43 pm to
quote:

Yeah, some of the Russia experts think that Russias aggressive anti-western campaign is a bit of a hail mary to defend against serious internal problems with the regime which if it continues on its current path could end up (not imminently, but over a longer period) with a coups like Zimbabwe.




That is exactly what is happening, they have no long term economic viability. China does, Russia doesnt.

Que the morons that want to be "friend" with Russia.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 1/16/18 at 1:47 pm to
quote:

That is exactly what is happening, they have no long term economic viability. China does, Russia doesnt.

Que the morons that want to be "friend" with Russia.

Well, what, in your opinion, does this coup look like and what shape does it take 5 years after?
Posted by Big12fan
Dallas
Member since Nov 2011
5340 posts
Posted on 1/16/18 at 1:48 pm to
quote:

Amazon CEO Jeff Bezos made waves this week when he briefly unseated Bill Gates as the wealthiest person in the world, according to Bloomberg’s tracker. The two U.S. tech titans are jockeying for the lead at around $90 billion each. But according to Hermitage Capital Management CEO Bill Browder, they’re nothing compared to Russian President Vladimir Putin, whose personal fortune Browder “believes” to be $200 billion.


Extortion pays well. Fredo Bin Salmon may well overtake Putin as soon as the "corruption trials" are over.
Posted by Big12fan
Dallas
Member since Nov 2011
5340 posts
Posted on 1/16/18 at 1:48 pm to
quote:

Amazon CEO Jeff Bezos made waves this week when he briefly unseated Bill Gates as the wealthiest person in the world, according to Bloomberg’s tracker. The two U.S. tech titans are jockeying for the lead at around $90 billion each. But according to Hermitage Capital Management CEO Bill Browder, they’re nothing compared to Russian President Vladimir Putin, whose personal fortune Browder “believes” to be $200 billion.


Extortion pays well. Fredo Bin Salmon may well overtake Putin as soon as the "corruption trials" are over.
Posted by GumboPot
Member since Mar 2009
118850 posts
Posted on 1/16/18 at 1:48 pm to
quote:

The US is slowly building an infrastructure that could potentially cripple the Russians' LNG industry in Europe.




That was the first thing that crossed my mind. We already have LNG contracts in place with Poland.
Posted by roadGator
Member since Feb 2009
140558 posts
Posted on 1/16/18 at 1:48 pm to
quote:

Que the morons that want to be "friend" with Russia.


This is how you get people to join your point of view.

The good news is that the Dems can important a bunch of Russians when their economy tanks to help cement their takeover of America. They'll suddenly love Russians.
Posted by LSUTIGER in TEXAS
Member since Jan 2008
13610 posts
Posted on 1/16/18 at 1:49 pm to
China’s economy is one huge, propped up bubble. THeir one belt, one road program is a desperate attempt to keep jobs going until they think up something else up to keep the scheme going. It’s not sustainable.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 1/16/18 at 1:51 pm to
quote:

That was the first thing that crossed my mind. We already have LNG contracts in place with Poland.

I'd be willing to bet that if Russia didn't take over Crimea, we'd probably have one with Ukraine as well.
Posted by Eurocat
Member since Apr 2004
15047 posts
Posted on 1/16/18 at 1:52 pm to
Could lead to a worldwide economic collapse the likes of which we have never seen.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 1/16/18 at 1:54 pm to
quote:

does this coup look like


Not a coup in the traditional sense more of a slow burn, that is already happening.

5 years after they can still have centralized power but not under the scheme they have now or there could be Russia proper with all the satellites falling away.

And if we can deliver natural gas to western Europe in the next couple of years it may happen in less than 5 years.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/16/18 at 1:55 pm to
quote:

Russia is looking national bankruptcy in the face and is ill-prepared to do so.

I fricking told ya!









Posted by GumboPot
Member since Mar 2009
118850 posts
Posted on 1/16/18 at 1:57 pm to
quote:

Could lead to a worldwide economic collapse the likes of which we have never seen.



How does that chain reaction work? At about a 10,000 foot level lay out the dominoes for me please. I just don't see it.
Posted by TigerDoc
Texas
Member since Apr 2004
9904 posts
Posted on 1/16/18 at 2:00 pm to
quote:

Well, what, in your opinion, does this coup look like and what shape does it take 5 years after?



Putin's viability depends on either "putting borscht in the bowl" (providing material prosperity for the Russian people to match their European neighbors) or failing that, using Empire-building to recreate the glory of the Soviet Union (hence their moves in Crimea, Ukraine, and their other former republics). Putin is relying on the latter since the price of oil is low and his oligarchs are vacuuming money out of Russia and laundering it in the West, a prospect that's really been hindered by Western sanctions. Putin's really motivated to get the sanctions lifted to keep his oligarchs happy because if his downfall comes it will probably come through their dissatisfaction with his inability to keep them getting richer.
This post was edited on 1/16/18 at 2:02 pm
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 1/16/18 at 2:03 pm to
I'm still curious as to what that's supposed to look like.


Increased military action in old Bloc countries?

1991 collapse?
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 1/16/18 at 2:11 pm to
quote:

1991 collapse?


Probably something like that
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