"Russia will run out of money sooner." 😂

IMF: GDP Growth Russia 3.2%  | Germany 0.2%

World Bank has noted since the war started that Russia passed both Germany and Japan in economic size

Russia's budget deficit in 2023 was a mere 1.9% and forecasted to be only 1% in 2024.

Meanwhile the US deficit was 6.3%, Germany 2.1%, UK 4.2 %, France 5.5%, Italy 7.4%

Russia's National Wealth Fund (NWF) is growing again in 2024 after being reduced by $70B from its peak but again remember much of these are paper losses owing to valuations in Russia's private industries being lower.

Russia's income tax rate of a flat 13% has been adjusted to a progressive tax rate that will range from 13% to 22%. Increasing the tax burden for the rich but still being very low compared to much of the world. The increased tax revenue ensures fiscal stability in case of a fall in commodity prices.

So what are the Russian problems they cite?. So they argue that since Gazprom lost $7.1B in 2023 that the Russian economy will collapse, ignoring that this is a trivial number in a massive economy or that Gazprom paid over $8B in taxes to the Russian government. Gazprom has about $18B cash in the bank and sells natural gas on the domestic markets for a pittance. Raising gas prices slightly would return Gazprom to profitability and consumers would still pay some of the lowest prices in the world.

Russia's fiscal position is vastly superior to any country in the West, having little debt and running small deficits.

@Slavyangrad | Mittens

Ukraine was given a condition for joining NATO

According to the organization’s Secretary General Stoltenberg, to do this it must only defeat Russia.

"We must be confident that Ukraine will win. This is the absolute minimum required for Ukraine to become a member of the Alliance,” he said.

@ukr_leaks_eng

🇺🇦🤡 🇺🇸🇬🇧❌🇷🇺 Bandera Harry Potter Dmytro Kuleba got on his knees and performed the ‘natural obligations’…

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🇺🇸🤡 🇦🇷🇺🇦 According to U.S. Defence Secretary the man with a melted prostate Lloyd Austin ‘support for Ukraine is growing’.

This is backed up by wetting his pants over fail state Argentina becoming the latest slave.

“None of us would want to live in a world where Putin wins.”

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Biden arrived to the G7 meeting in Italy and (nothing new) as he was getting off the plane, he lost his way.

@Slavyangrad

👹 ⏮ 🇨🇳 ⭐️: 👹🍵👨‍💼💲🛐 👯

POLITICS WITH CHINESE CHARACTERISTICS: POLITICS WITHOUT LOBBYIST PURCHASED POLITICAL PROSTITUTES

✍️Written by Richard Roskell✍️

Geopolitical insight and wisdom is no more correctly shown than when someone says more westerners should visit China in order to understand the country and its people. This becomes especially evident when we hear people who have never been to China, "knowingly" discuss matters such as genocide, population policy, state surveillance and so on, based only on knowledge about China gained from reading mainstream media propaganda outlets such as The Washington Post or The New York Times or by listening to cable news networks. Just to illustrate the degree of western ignorance, most believe the government of China is a dictatorship. That couldn't be more wrong.

China's national elections are held more often than in the west - every three years. Every adult has the right to vote, and they do.

The PRC is a democracy with Chinese characteristics. Citizens directly elect their representatives at the local level, and then those officials elect the representatives at the regional level, and then those officials elect the representatives at the national level. And then those officials elect the country's president - who they may remove from office by a simple majority vote on 24 hours notice. It's a system of democratic filtration, where successful candidates must pass through layers of electoral scrutiny rather than a winner take all approach as in the west.

Nor is China a Communist country, despite that word being in its government's name. China is a socialist country, and it's how they describe themselves: "socialism with Chinese characteristics."

Most importantly, does the Chinese governance and economic system work? Yes it does, spectacularly. They have gone from being among the poorest nations of the world to the richest in terms of PPP GDP (purchasing power parity gross domestic product) in just a few decades. It's unprecedented in history. Westerners who cling to their ignorance about China are only hurting themselves.

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