Why Is Russia's Economy So Resilient?
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June 19 -- Sri-Kumar Global Strategies President Komal Sri-Kumar and Harvard Business School Professor Robert S. Kaplan discuss the Russian economy. They speak on “Bloomberg Surveillance.” -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
Comments
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you know americans. russians can harvest all these minerals oil/gas and everything else 1000 years after you have used yours.
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OMG. Guys, I live in Russia. Here is really bad economy. Only in the big cities people live well. And in other places all is bad.
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more than a year later...and the reserves have increased above $400 billion.
They seem to guage how long Russia had by the rate at wich they were burning through reserves.
Does that mean Russia has recovered? -
KEEP THE SANCTIONS
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This guy said Russia is 5th 6th largest country in the world ,, immediately whatever he says is meaningless because i just label him an IDIOT
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let alone my cousins in Crimea...which Russia said it would help them if they voted Russia....and the get nothing....thids is proof how Russia is lying to the world!
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its not funny my family in russia says they liveon small food portions a day they are remote and the government of russia says they dont exist...just so they dont have to buy them food!....from a free news to you tube thats is howit is in certain parts of Russia!
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Russia is winning the psicological war
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Russian population is declining from 149 to 143?? 6 mil people dissapeared somewhere in spite of 2.3 mil Crimean residents joined Russia recently. I'd say mental capability of this Indian guy has already declined below "idiot" level. Russia is laughing at your "experts" and your sanctions, dudes ))
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Because fuck you, america
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The Russians are going to die.
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Rich russians r willing to starve for their country. It's fascinating.
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if it will be war it will be nuclear so ordinary man cant do much about that
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People are easily forgetting that western countries have not been for many years main industrial countries in the world and forgetting the impact of China, Japan, South Korea, Taiwan and other Asian countries. So far there haven't been any special anti Russian action from Asia. Western sanctions do work but not so decisive as common western wisdom is claiming. It's more likely that Russia itself might have done more harm for its economy than sanctions.
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The analysts should be worried about America's economy and not Russia's. America owes Russia over $80 billions and have a total $19 trillion debt. When the dollar collapses, that's the end of America.
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A full-set manufacturing economic base creates a local market for the processing industries that in turn creates a local market for the extractive industries that in turn creates a local market for the service industry. An economy is composed of several industries that are grouped in 3 groups of industries of which the first one are the 5 key critical industries which are:
5 key critical industries.
1. Civil engineering industry.
2. Mechanical engineering industry.
3. Metallurgical engineering industry.
4. Chemical engineering industry.
5.Electrical-Electronics industry.
These 5 key critical industries are in turn supported by the 4 supporting industries which are:
4 supporting industries.
1. extractive industries.
2. processing industries.
3. manufacturing industries.
4. service industries.
These 4 supporting industries are in turn supported by the 4 foundation base industries which are:
4 foundation base industries.
1. machine tool industries.
2. heavy engineering industries.
3. machine building industries.
4. end-products manufacturing industries.
The 4 foundation base industries supports the 4 supporting industries that in turn supports the 5 key critical industries.
And all of them constitutes a complete and fully integrated "full-set industrial economic-based economy". -
Ask that guy about Russia's real non-oil economy. Since 2000 the trillions upon trillions upon trillions upon trillions upon trillions of dollars and euros of revenues earned during oil and gas boom years before sanctions were re-invested IN THE NON-OIL INDUSTRIAL ECONOMIC SECTOR. Russia now a has a FULL-SET ECONOMY similar to Germany's, France's, Japan's, South Korea's, Taiwan's, Hongkong's, Singapore's, Australia's, New Zealand's, America's and Canada's. It means it can manufacture anything that the world is manufacturing, making, building, etc. It's science-drive heavy high-technology engineering industries are fully integrated and self-contained, and self-regenerating. It's national budget NOW is between 4% to 5% of PROCESSED oil products only. It is no longer dependent on oil and gas exports. Because of that it has discretly embarked on a replication-dispersion-de-centralization program and it is using it's FULL-SET ECONOMIC INDUSTRIAL BASE to do just that and the only reason why trade with Europe was maintained even though it is no longer needed is because it is only using European trade to accelerate that replication-dispersion economic program beyond the Urals towards the Pacific. The sanctions only inconvenienced that program but our full-set industrial economic base can manufacture the factories needed for that program. Food imports were easily replaced with Russian brands. What the sanctions did is just reduced the diversity of choices NOT QUANTITY of food availability. Before the sanctions 40% to 50% of Russian stores and supermarkets contains European brands, after the sanctions were imposed all Russian stores and supermarkets just simply stock their shelves with 100% Russian brands.
A full-set manufacturing economic base creates a local market for the processing industries that in turn creates a local market for the extractive industries that in turn creates a local market for the service industry. An economy is composed of several industries that are grouped in 3 groups of industries of which the first one are the 5 key critical industries which are:
5 key critical industries.
1. Civil engineering industry.
2. Mechanical engineering industry.
3. Metallurgical engineering industry.
4. Chemical engineering industry.
5.Electrical-Electronics industry.
These 5 key critical industries are in turn supported by the 4 supporting industries which are:
4 supporting industries.
1. extractive industries.
2. processing industries.
3. manufacturing industries.
4. service industries.
These 4 supporting industries are in turn supported by the 4 foundation base industries which are:
4 foundation base industries.
1. machine tool industries.
2. heavy engineering industries.
3. machine building industries.
4. end-products manufacturing industries.
The 4 foundation base industries supports the 4 supporting industries that in turn supports the 5 key critical industries.
And all of them constitutes a complete and fully integrated "full-set industrial economic-based economy". -
Russia's Slavic Christian population is becoming younger, and there are more than 7 to 8 million expats who went and settled there since the 90s, got married to a Russian woman, set up an industrial entrepreneural business, invested in Russian bonds, and has an average of 4 to 5 Russian children and they are dispersed all throughout Russia and when they invest they invest TO STAY IN RUSSIA AS THEIR NEW HOME COUNTRY.
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Who is this pisshead? The president of his own institute?
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that guy is of Indian origin 100% am i right or no???
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