World Bank, officially - Russia is the fifth economy in the world to overtake Germany.

Discussion in 'Latest US & World News' started by Destroyer of illusions, Aug 4, 2023.

  1. Destroyer of illusions

    Destroyer of illusions Banned

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    One example.
    The cost of all housing and utilities services in Russia for a family of three is less than 100 dollars per month. This amount includes payment for electricity, payment for gas, payment for water and sewerage, payment for garbage collection and repair of the building and communications, payment for cable TV, payment for unlimited Internet at the speed of one gigabyte per second.... And this includes cell phone and internet charges for a family of three.
    How much do you pay?

    As for industrial capacity...- let's look at the actual - Russians produce more missiles than the rest of the world, including the US.

    Regarding GDP. The author of the term GDP, Simon Kuznets, called this indicator a fiction and admissible in rare, specially specified cases. At the same time, as Mr. Simon argued, even in this case it does not reflect the reality of the economy.
    Once again for you - the economy of dog groomers, Facebook and waiters cannot compete with the real economy of Russia.
     
  2. Hey Now

    Hey Now Well-Known Member

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    The narrative that you are trying and failing to paint to boost up the dwarf of "the led" is akin to propaganda.
     
    Last edited: Aug 6, 2023
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  3. Destroyer of illusions

    Destroyer of illusions Banned

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    In other words, anything you personally don't like you call enemy propaganda. I didn't doubt that.
     
  4. Hey Now

    Hey Now Well-Known Member

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    No, that Vlad the Dwarf's MO you are projecting, free thread bump.
     
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  5. fmw

    fmw Well-Known Member

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    A lot of confusion on your part with a word you can look up on the internet.
     
  6. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Lol.

    So... facts aren't convenient to your position.

    Got it.

    Do you know what PPP means?
     
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  7. Destroyer of illusions

    Destroyer of illusions Banned

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    Ahahaha.... I knew it. You have nothing to answer the question about the cost of housing and utilities for your family.
    Instead of just answering the question, you include confusion and ridiculous talk about purchasing power parity. :roflol::roflol::roflol:
     
  8. Giftedone

    Giftedone Well-Known Member Past Donor

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    Who is the confused one trying to project failure to understand the word "Propaganda" and your confusion onto others .. crying out that there is no Lie in the definition .. then accusing others of inventing things .. to deflect from your own failing.

    What is this "Propaganda conspiracy" you have been running around talking about or is this just another invention for the sake of moving lips ?
     
  9. Durandal

    Durandal Well-Known Member Donor

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    The cost of all housing and utilities services in Russia for a family of three is less than 100 dollars per month

    That wouldn't be surprising. Costs of living are generally lower in poorer countries since people can't afford first-world prices.

    The average annual salary in Russia is 1,240,000 Rubles (RUB) or USD 14,771 (according to the exchange rate in June 2023).

    -> https://www.timedoctor.com/blog/average-salary-in-russia/

    Americans earn more than that working at McDonald's.

    As for your missile production, those missiles aren't doing you much good. They're not winning you the war in Ukraine and they would be even less useful against NATO.
     
    Last edited: Aug 6, 2023
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  10. Giftedone

    Giftedone Well-Known Member Past Donor

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    Non sequitur fallacy .. increasing to money supply due to excess demand .. is not covering the cost of the annexation . Money falling from the Biden Tree is a better example .. claiming Economic Growth.

    Obviously the annexation of the territory in Ukraine is going to increase Russia's GDP .. Especially due to the fact that ~ 90% of Ukraines GNP comes from this region. .. not much to giggle about .. lest one is Vlad .. all the way to the bank .. the annexation if he gets away with it .. a huge eonomic win .. regardless of whether the expansion was "Legal" or the elections "Valid" ..

    What does legality have to do with annexation ? .. of Kosovo .. the Occupied Territories - War in Syria ... War in Iraq .. Yemen? Clearly not much since we decided to throw out the rule book .. engaging in "Do as we say - Not As we do" foreign policy so "Just Sayen" kind of silly for USA Biden to bring up "Legality"

    Kosovo -- Islamist Separatists .. being persecuted by Serbia during civil war .. Annexed
    Ukraine --- Russian Separatists .. being persecuted by Ukraine - Azov Nazi .. during civil war 14,000 dead .. Annexed

    Whats the difference in terms of legality .. ZERO of any significance.

    Freedom fighters in Palestinian Land --- fighting off a much bigger aggressor Nation .. trying to stop them from annexing more land ... Should we not be arming these folks like the Brave Azov Nazi's in Ukraine ??

    "Legality" .. that must have been why you were giggling so hard to yourself .. as that is a funny joke :)
     
  11. Durandal

    Durandal Well-Known Member Donor

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    They needed to have more rubbles in circulation. That's not covering costs of illegal annexation. Do try to keep up.
     
  12. Zorro

    Zorro Well-Known Member

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    The Ruble has increased in value by 24% since Bribed Biden lied and claimed that his sanctions would reduce it to rubble.

    Organization for Economic Co-operation and Development, National Currency to US Dollar Exchange Rate: Average of Daily Rates for the Russian Federation [CCUSMA02RUM618N], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CCUSMA02RUM618N, August 6, 2023.

    He has managed to reduce the purchasing power of the dollar by 6%, though, since he promised to reduce the value of the Ruble.

    U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: Purchasing Power of the Consumer Dollar in U.S. City Average [CUUR0000SA0R], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CUUR0000SA0R, August 6, 2023.
     
  13. conservaliberal

    conservaliberal Well-Known Member

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    And the worst part is that the filet mignon you buy today will have tough sections in it, and also have considerable amounts of unchewable 'gristle' compared with what you used to buy at $10/pound about 20 years ago. Many of us can still afford to buy filet mignon occasionally, but why even buy it if eating it is often such a disappointment? Hell, I'd rather have pizza! At least you don't have to spit out a plug of gristle when you eat pizza.
     
    Last edited: Aug 6, 2023
  14. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Um.

    Purchasing Power Parity is so high. We don't need $100 for costs from the government.

    The stats are everywhere. The wealth isn't comparable. The fact your trying to make it comparable over a few utilities is comical.
     
  15. MGB ROADSTER

    MGB ROADSTER Banned

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    "Russia is the fifth economy in the world to overtake Germany"... OK... Did that help the 80000 or more dead Russian soldiers ? probably not.
     
  16. Caligula

    Caligula Well-Known Member

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    Russia isn't the no 5 economy in the world. The ranking presented in the OP are estimates based on the data from 2017; already explained in post #2.
    The accurate data for 2022 is here.
    https://databankfiles.worldbank.org/public/ddpext_download/GDP.pdf
    Gross domestic product 2022 (millions of US Dollars)
    1 United States 25,462,700
    2 China 17,963,171
    3 Japan 4,231,141
    4 Germany 4,072,192
    5 India 3,385,090
    6 United Kingdom 3,070,668
    7 France 2,782,905
    8 Russian Federation 2,240,422
    9 Canada 2,139,840
    10 Italy 2,010,432
    11 Brazil 1,920,096
    12 Australia 1,675,419
    13 Korea, Rep. 1,665,246
    14 Mexico 1,414,187
    15 Spain 1,397,509
     
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  17. Destroyer of illusions

    Destroyer of illusions Banned

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    But you didn't answer the question - how much do all your utilities cost at your place?
    And let's expand the list of questions.
    How much does it cost to live in a liquid neighborhood in the US?
    How much do American citizens pay in taxes on their paychecks?
    How much does it cost in the US....n example, to go to the dentist?
    How many US citizens have debts for university tuition?
    State the cost of a hamburger at McDonald's. And, since you speak Russian, write down how much a hamburger costs in Russia.
    And to keep you entertained, a video about how Russian citizens live.

    Night walking tour in Russia



    And for comparison, it's nighttime Philadelphia.



    Now tell me again how good it is to live in America and how Russians suffer living in Russia.:roflol::roflol::roflol:

    As for the Russian missiles, they are of great benefit to the Russians.
    For example, the Russians have already increased their territory by five new regions. And it should be noted that these are the five most developed regions in terms of industry and minerals. And these regions are already paying taxes to the Russian treasury.
    Look at the map of Africa.
    African countries that have signed military-technical cooperation agreements with Russia are highlighted in red.

    [​IMG]

    How many minerals do you think there are in these areas? And those minerals will now belong to the people of Africa and the Russians will take care of it. As you know, the Russians have enough missiles to do that.

    In general, Russians are doing well.
     
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  18. Giftedone

    Giftedone Well-Known Member Past Donor

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    :boo::boo::applause::applause::deadhorse: ..

    Great Video .. out and about in Moscow . and as expected .. ridiculously pretty women everywhere .. dressed to thrill .. intermixed with blue jean T-shirt and everything in between.. call it the Eastern European Vibe .. and one of those "Had to be there" moments .. which could include having some exposure to Eastern European Culture .. but without that at least .. not going to understand.
     
  19. Giftedone

    Giftedone Well-Known Member Past Donor

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    Who told you GDP was the measuring stick ?? as if it is not .. your defacto claim is falsehood now isn't it. I prefer purchasing power myself a better indicator of economic strength. GDP is the broadest of measurements .. not really meaningful in some cases .. doesn't tell you if the economy is making money .. is profitable. Any Princess with a Credit Card President (and no shortage of those) can increase GDP by running huge deficits...

    Where is Russia on that list Caligula ?
     
  20. Giftedone

    Giftedone Well-Known Member Past Donor

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    Actually it is your criticism which is comical .. better to use specific items than to speak in generalities .. you have provided ZERO support for claim .. never mind empiracal evidence as is provided in the specifics given .. your complaint that there were not enough a comical Ironic joke of misunderstanding the subject matter.

    Yup .. cost of living matters .. as does quality of Life. USA on the downslope aye Carl :) Har har
     
  21. Destroyer of illusions

    Destroyer of illusions Banned

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    You are 100% correct.
    Simon Kuznets, the author of the term GDP, said that this indicator is narrowly focused and does not reflect the reality of the economy.
    I have repeatedly given examples of GDP being irrelevant to the economy.
    Example 1
    You own an automobile manufacturing facility. You buy parts through a number of intermediaries. Your parts are expensive - hence your car is expensive - GDP goes up.
    You buy parts from the manufacturer - they are cheaper - your car is cheaper - GDP falls.
    Primar 2
    You made a house for your dog and sold it for $100 to your neighbor. Your neighbor sells that dog house for $200, a new buyer sold that dog house for $400 - GDP = $700. But the dog house was alone, and remains alone.
    Example 3.
    Capitalization of Facebook is higher than capitalization of Gazprom.
    Facebook's contribution to GDP is higher than Gazprom's. But - Facebook will disappear and nothing will change. If Gazprom disappears, the world will collapse.
     
  22. Giftedone

    Giftedone Well-Known Member Past Donor

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    you can look at things in very simple terms ..

    Example 1 - Car manufacturer
    .. you want to sell cars. Nation A has bigger GDP - Nation B has bigger Purchasing Power .. all else equal .. if you had to choose one over the other .. you go with Nation B .. the bigger purchasing power.
     
  23. ricmortis

    ricmortis Well-Known Member

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    Damn, I make a little over $400 a day. I put upto $1,500 into saving alone a month. I remember those days living paycheck to paycheck. I am sure there are plenty of Americans AND Russians struggling to get by.
     
  24. MGB ROADSTER

    MGB ROADSTER Banned

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    Great video that shows the disconnect between the soldiers who die at the front and the citizens who hang out on the streets of Moscow.
    This disconnection is carried out by the media controlled by the Russian Putinski government.
     
    Last edited: Aug 8, 2023
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  25. Giftedone

    Giftedone Well-Known Member Past Donor

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    Agree there is a disconnect but the claim that this disconnected is carried out by the Media makes no sense at all. The media didn't plant all those peopole wandering about on the Streets of Moscow
     

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