The Russian army is now the second best army in Russia.
@mwtrolle
Ай бұрын
3rd! There are: 1 the krainian army, 2 free Russian army 3 russian army :P
@GeniusWithAFlaw
Ай бұрын
🤣Great comment, and true!
@Fubar2024
Ай бұрын
As a province of China, russians are no longer allowed bikes and go karts to create an army!
@Grandadcm
Ай бұрын
That’s just by default. If any other army enters Ruzzia, Ruzzia will be third, and so on.
@Grandadcm
Ай бұрын
Wonder if Putler realizes that all that effort to invade and control Chechnya only got him a handful of cowards.
@rodman012003
Ай бұрын
rather predictable 'guns or butter' dilemma any nation faces when it goes to war.
@skymaster4121
Ай бұрын
The dilemma is that guns for the war instead of butter for the people often lead to gun for the people…
@AUmarcus
Ай бұрын
The guns end up being pointed at you.
@jeremywvarietyofviewpoints3104
Ай бұрын
It makes me wonder if dictators might be bad for the economy.
@WayneTheSeine
Ай бұрын
Not according to Trump.
@rcchin7897
Ай бұрын
Dems want a war of attrition b/c they can’t play the Ukraine card if Ukraine is ending the war by November.
@-----REDACTED-----
Ай бұрын
@@WayneTheSeine Yeah but he has amply proven beyond even the faintest shadow of a doubt that he knows nothing about governance nor economics…
@WayneTheSeine
Ай бұрын
@@-----REDACTED----- LOL...for sure. The man is an idiot. Five bankruptsies, including a casino where the house always wins.
@ulfosterberg9116
Ай бұрын
@@-----REDACTED----- he doesn't even know anything about golf....
@user-uf3ur6cj3u
Ай бұрын
Poor Russians. Not. Thank you so much for your coverage, it's been most illuminating over the past couple of years.
@bencas9288
Ай бұрын
There people forced to go to war by a regime who had a rival nation attempting to put missiles on their border
@user-uf3ur6cj3u
Ай бұрын
@@bencas9288 What missiles did Ukraine put on their border? Russia forced Ukraine to give up all it's arms, including nuclear. And then reneged on their agreement to never invade Ukraine. Russian lies.
@bencas9288
Ай бұрын
@@user-uf3ur6cj3u when nato decided to expand into Eastern Europe Poland etc . Poland now had NATO missile closer to Russia then when NATO wanted the same for Ukraine . It would be like Mexico putting Russian missiles on its border. It was literally the reason for the Cuban missile crisis. Your rockets to close to my border
@-oysterthief4444
Ай бұрын
@@bencas9288you comment is illogical. Fix grammar good, caveman.
@PABCOM1
Ай бұрын
@@bencas9288And those countries willingly joined NATO, unlike Russia that keep assert their military on their neighbours. Quit your nonsense, you ruskie ilk.
@stevenandrews7180
Ай бұрын
Great report! That illustrates the terrible situation of the russian economy!
@abcd-ev7jg
Ай бұрын
Putin is getting closer to slipping and falling from a high window.
@martinogold
Ай бұрын
🙏🙏🙏
@carlthor91
Ай бұрын
Even though the sill is at waist height.😱
@dianapennepacker6854
Ай бұрын
There is a video of him hearing reports from Kursk. His face while listening is PRICELESS. I've never seen him so unhinged. He looks like he is suffering from acid reflux, and a terrible fart that he is holding back. Joe Broes video he just released shows it. Definitely recommend it. I love how when Ukraine pulled the same stunt Russia did with invading the undefended front. They lost way less men for the same gains basically. Tons of Russians buckled, and surrundered. Chechen troops just straight up ran at first signs of trouble.
@user-uf3ur6cj3u
Ай бұрын
Anyone notice how calm Gerasimov looked when lying to Putin about the Kursk sitch? Lol. Maybe that's why Putin is so twitchy in that video. He can feel the breeze from the window...
@user-uf3ur6cj3u
Ай бұрын
@@dianapennepacker6854 Yeah, I saw that vid. Looked like he was trying not to throw up, lol.
@DJToMyHits
Ай бұрын
Just wait till they lose 40% of their iron ore supply when they lose Kursk.
@johnhudelson2652
Ай бұрын
But the Ukrainians won't need to mine the ore thanks to scrap iron left from Russia.
@rcomascat
Ай бұрын
😂
@Kodakcompactdisc
Ай бұрын
And 9% of their food supply
@verttikoo2052
Ай бұрын
This is a very good move from the Ukraine. Bargaining power is massive and if Ruzzia tries anything then they only have bad and very bad options.
@mrjerzheel
Ай бұрын
Its unknown at this stage if Ukraine can even capture Kursk
@IusedtohaveausernameIliked
Ай бұрын
When all you're doing is making things that get blown up, it's hard to get ahead. Or have enough to eat for that matter.
@dirusso3030
Ай бұрын
🥳🎊🎉 Thank you Joe, I love your channel 😍
@eduardofukay
Ай бұрын
It doesn't look like winning when a two week special operations lasts for more than two years. Time to reckon the independence of Ukraine.
@michaelrichie5
Ай бұрын
Joe, thanks for looking under the hood for all of us. Many of us care deeply for the Russian people, victims of Putin.
@TomTomicMic
Ай бұрын
The majority of Russian people support Putin (But not as much as the Election Result!), it is ordinary Russians who are carrying out the atrocities in Ukraine, a "lacking" silent minority of Russians only think the war is indefensible, so my sympathies are with Ukraine only, Russia can take a running jump into the abyss!?!
@gregash7683
Ай бұрын
Joe, excellent analysis. Despite full employment and high wages, non-military products are vanishing. Factories that once produce big ticket, durable goods are producing war products that are single use and perishable. Much like the world going into WW2, the pre-war models were produced for more than a decade with little or no improvements. In the case of Russian factories, functioning prewar machinery and trained, commercial industry workers may not exist at war's end. If and when sanctions end, Russia's foreign reserves will be insufficient to import sufficient quantities of essential products. Unlike WW2, there will be no Marshall Plan, no foreign aid, and limited concern for Russia's future after the fighting ends.
@smb123211
Ай бұрын
The not so dirty little secret is that Russia has never produced anything that anyone wanted to buy. They offer some natural resources and that's it. I had several friends who never bought a single Russian consumer product. Diapers were scratchy and fell apart, toilet paper was like sand, makeup smeare din blobs, appliances rarely lasted longer than a few months, not one Russian company "went global".
@JaneSoole
Ай бұрын
Very interesting. Thank you.
@imapimplykindapimp
Ай бұрын
I dunno about no concern - I think the huge amount of nukes means the rest of the world is very invested in preventing complete chaos within Russia (and the amount of rogue actors that would acquire nuclear weapons as a result)
@jtf2dan
Ай бұрын
When Ukraine Annexes the western half of russia, what will China do to its former Manchurian Provinces? Will russia have anything left?
@PABCOM1
Ай бұрын
More land means more men to maintain. I don't think Ukraine will go further than their original border. Russia in the other hand can suck on their wasteland, they can hardly maintain what's outside their two cities anyway.
@ulfosterberg9116
Ай бұрын
They are working on their newly made 2000 year old map that prove that all land up to the urals is chinese. But they don't need any living russins living in Siberia.....
@Arcian
Ай бұрын
Ukraine isn't going to annex the western half of Russia. The russian territory they're occupying right now only serves the purpose of leverage during negotiations.
@stevev238
Ай бұрын
The 25 or so autonomous republics within RF will all demand independence from the Federation, leaving them no organised structure.
@Prognosis__
Ай бұрын
@@jtf2dan 🤣 stop watching MSM news
@markludington887
Ай бұрын
2020 russia 2nd strongest army in the world 2022 russia 2nd strongest army in Ukraine 2024 russia 2nd strongest army in russia 2026 russia chinese province
@ianpickett8420
Ай бұрын
russia ....who ????
@Brocuzgodlocdunfamdogson
Ай бұрын
It shouldn’t even be the nation that it is. More than half of their territories would be better off independent, the only purpose they serve is to supply Moscow with goods and manpower. Culturally they couldn’t be any more dissimilar to Muscovites.
@BuduLinek-pu4go
Ай бұрын
Russia is a prison of nations. Lenin, 1914@@Brocuzgodlocdunfamdogson
@Paroles_et_Musique
Ай бұрын
Rofl guys, you live in alternate reality. 6 months ago, if US congress didn't raise the debt limit, US would have been paralyzed, no way to pay anyone. US can't survive by its own. I live in France and our debt is 3 thousand billions, we can't survive on our own. Russia has none debt, we are way closer from collapse than Russia, stop swallowing stupid propaganda on youtube and put your brain in ON mode. The future is Russia, China, while the occident is cooked, the day when we will have to pay the debt, it will be over.
@mwtrolle
Ай бұрын
Slava Ukraini, from Denmark!
@HueG69
Ай бұрын
🇩🇰 ❤
@fasold2164
Ай бұрын
I think repeating this hackneyed slogan as often as possible will help Ukraine quite a lot...
@HueG69
Ай бұрын
@@fasold2164 you mad bro?
@tonyp2865
Ай бұрын
@@HueG69 Toronto nazi identified.
@gordonho3828
Ай бұрын
@@fasold2164seething krembot. What Kursk doing? What CSTO doing? What BRICS doing?
@williamlloyd3769
Ай бұрын
FYI - Coke is a grey, hard, and porous coal-based fuel with a high carbon content.Made by heating coal or oil in the absence of air. Coke is an important industrial product, used mainly in iron ore smelting, but also as a fuel in stoves and forges.
@CosmicPlatonix
Ай бұрын
Thank you. I was trying to figure out whether cocaine or Coca-Cola would make any sense to pair with petroleum in an industry analysis.
@camo6344
Ай бұрын
@@CosmicPlatonixdoes now
@janzzen9095
Ай бұрын
Cokes......
@detch5307
Ай бұрын
Comrade Putin, we're taking on water, the ship is sinking.
@stevev238
Ай бұрын
Putin will be sinking soon. Someone will get terrified of Ukraine's advance and decide the safest thing is to get rid of mad Vlad.
@geoffgill5334
Ай бұрын
Are they Black Sea level yet ?😂
@raphaelr.5904
Ай бұрын
He says as the ship has already hit the seabed because everyone relaying the information has either been bribed to shut up or is just too incompetent to relay it 🤣
@viperguyz
Ай бұрын
Don’t worry my brothers, for mother Russia I have Flexall!
@williamalexander9485
Ай бұрын
Yes unemployment is at 2.9% better than Britain with no rioting😂
@Vhite
Ай бұрын
"Russia is expecting to grow by 3.2%, therefore it's doing better than US." Even if that was true, it's easy to have higher GDP% growth when your economy is smaller than single US state. Albanian economy is forecast to grow by 3.3% so I guess they are the next world superpower.
@PortsladeBySea
Ай бұрын
It’s ironic that most leading politicians continually demand GDP growth, but most people don’t appreciate that war, disease and RTA’s all boost GDP. Do we actually want more war, disease and RTA’s? 🤔
@testymann5045
Ай бұрын
If you destroy all of your housing then you too can have 5-10% gdp growth. Not a smart decision though. Growth and wealth are different....
@hawklord100
Ай бұрын
Vodka is now the best form of currency in russia
@stuzza4526
Ай бұрын
Just wait until they introduce a new 3-ply flushable Ruble. The value will bounce back up.
@williamalexander9485
Ай бұрын
Vodka better than Brexit😅
@hawklord100
Ай бұрын
@@williamalexander9485 only when you are drunk of your head
@williamalexander9485
Ай бұрын
@@hawklord100 Vodka doesn’t make you broke or your supermarkets empty. You’ll be begging China just like Germany Canada and Italy
@skymaster4121
Ай бұрын
@@williamalexander9485Then why has Britain a better economy than Ruzzia? 😂😂😂
@TheFrewah
Ай бұрын
If the stuff you make has no market value, it only has assigned value. I could make a painting and claim it’s much better than anything Picasso made and state that I wouldn’t sell it for less than 50 million Euros. However, I haven’t earned that unless I find someone stupid enough to pay that kind of money
@malcolmbirkett1347
Ай бұрын
I will buy it😊
@NuggetsAndLaundry
Ай бұрын
That’s exactly what Hunter Biden does.
@TheGruntski
Ай бұрын
Putin will buy it.
@zoide-777
Ай бұрын
Though in this case, the Ruzzian state *has* been stupid enough to buy weapons, supplies, and labor for their illegal war. 🤷♂️
@StepDub
Ай бұрын
Exactly. You don’t value something by its cost, but what it can be sold for.
@nicolaasstempels8207
Ай бұрын
"Why war economies don't collapse.... until they do" (Powerpoint by Perun).
@olafthebear2327
Ай бұрын
Russia will start seeing bigger problems long before the NWF runs out. Sort of like, if you're renting an apartment with a stable $2000 in your bank account. Then the landlord suddenly hikes up your rent by 20%. You're going to be a lot more conscious of whether you buy the premium brand groceries or the cheaper ones, or outright skipping some items, once you see your bank account balance starting to dip more and more below $1000 at the end of every month
@SuperMagnum2011
Ай бұрын
Thanks Joe. 🇬🇧🇬🇧🇬🇧🇺🇦🇺🇦🇺🇦
@Coalhill
Ай бұрын
That "disastrous situation" won't come around quickly enough.
@allanbolvig2890
Ай бұрын
Putin is boiling soup on the same water, without add new water.
@silverbird425
Ай бұрын
Focus on the war economy makes infrastructure goes to heck. Food? Railroad? Power? Flooding? Russia short term problems may catch up before the long-term economic issues.
@geoffgill5334
Ай бұрын
It all adds up and...winter is coming
@E3ECO
Ай бұрын
And those issues weren't doing well to begin with. Now they're abandoned.
@cubefreak123
Ай бұрын
Latest “unnamed source” inside Russia’s transportation ministry is that the Russian rail network is facing crippling shortages due to a lack of parts, mostly ball bearings. Doubt the situation is actually at “imminent collapse” levels, but if it’s even halfway as bad then it can only be good for Ukraine.
@lajoyalobos2009
Ай бұрын
Putin's new book, Russia: How to Ruin Your Nation's Economy as Fast as Possible
@bobs_toys
Ай бұрын
Foreword by Kim Jong Un
@verttikoo2052
Ай бұрын
How to 💩 everything 🎉
@sciencelad8286
Ай бұрын
Putin has one more year to live, at the most. Russia is falling at an exponential rate, and those around Putin will very likely use a Russian style solution for the problem. Just a wild guess.
@jimgraham6722
Ай бұрын
Yes his Batitsky moment is approaching. Fast I think.
@ronnie5329
Ай бұрын
From here it only goes one way for Russia, russians who has some skills and dont support what they are doing, need to find a way to leave.
@faithrada
Ай бұрын
If the West is smart they will step in and assist Russia's brightest who oppose Putin and support Ukraine 🇺🇦 but currently find themselves trapped in 'no man's land. Yes, I'm thinking about our You Tube friend Konstantin... for "Inside Russia". 😊 That chap is a gem. 🙏 and whichever country ends up with him has a real prize. 🇺🇸 Especially after Putin falls.
@Kingcarparpeggio
Ай бұрын
@@faithrada: Problem is most of The West’s leaders are cowards and procrastinators .
@milesb2111
Ай бұрын
@@faithrada most of them already left when the war started, around 3 million.
@dianapennepacker6854
Ай бұрын
Honestly putting a few billion aside to get educated/skilled Russians out would probably be a good idea.
@robertpatrick3350
Ай бұрын
@@dianapennepacker6854a grant for Russians with a minimum of a masters degree in science or technology…. Similar grants for any with a PHD….. or for medical degree…..
@johnnylnowlin
Ай бұрын
Love this channel. Thanks for your insights!❤
@michaelgallasch6472
Ай бұрын
putin, my all-time genius for economy 🤣🤣🤣
@patverum9051
Ай бұрын
Putin, a third-rate lawyer, strategist, weapons expert, chess master.
@michaelgallasch6472
Ай бұрын
@@patverum9051 third-rate? soo good? 🤣
@vancemay8148
Ай бұрын
It has to walk away. The rubble is already worthless 😢❤. I know I spelled it wrong but I’m right😂
@Josh-kb8gi
Ай бұрын
"As always, I'm thrilled by your great and solid analyses, great, and based on a solid foundation, which definitely requires a lot of work and research, thank you for that... The whole decline of the Russian economy today reminds me of that what Ronald Reagan did back then when he forced the Soviet Union to produce more and more military equipment. At some point Russia and the entire Eastern bloc will collapse... I think it will happen again, exactly as you analyzed it. Unfortunately with a lot of victims, but Russia is a regime in which human lives are nothing but numbers...
@letsbereasonable2910
Ай бұрын
Moral of the story is that either way this war ends, Russia is screwed. Well done master strategist
@jameswalker7899
Ай бұрын
Another nice piece. One loves your sense of organization, where you start out with a careful summary of what you will be covering, then drill down into the details with supporting evidence, and finally concluding with a summary which restates what was previously addressed. It's quite impressive. Warmest compliments. Thank you, sir. :)
@stevenmccarthy7039
Ай бұрын
Thank you again for this excellent and thorough up-date. We have visited Russia twice (USSR once, Russia once to be specific). The people there were so welcoming and kind to us it is a tragedy for many who are really struggling; things can only get worse for the poor people there (in both senses). Great clip, thank you :)).
@user-xd2iv2hu9g
Ай бұрын
Very informative, great work😉
@AirB-101
Ай бұрын
2022 ru trolls: Europe will freezzz next winter! Ouraaaa! Ouraaaaa! 2023 ru trolls: Our economy is booming! Ourraa! 2024: ru trolls: Dear "Zhang / Liu / Chen : We are more than willing to give you our (whatever) at bargain prices". oura... 2025: ru trolls: joking aside, you've got trustable dark web ForEx for my rubles?
@notsaying543
Ай бұрын
😂😂😂
@philipjones9458
Ай бұрын
Translate
@AirB-101
Ай бұрын
@@philipjones9458 Of Course! Here you go: More territory taken in 72 hours than the ru "army" in 6-months. Troll that
@juhajuntunen7866
Ай бұрын
2026 "Want exhange nice botfarm for good meal. Big bread accepted too. No questions asked."
@Llortnerof
Ай бұрын
They're still claiming Europe will freeze in the winter. Some Europeans have not yet given up hope for a white Christmas. Or at least a nice green Christmas Oak.
@thoos192
Ай бұрын
Just a question. If the war was to stop, do you think the ones producing weapons for the state would get dropped immediatley? I think Russia has exhausted all its war material so badly that they would need to produce tanks and other weapons for years to come. Not sure if they will have the cash for it though
@Kodakcompactdisc
Ай бұрын
Well no other country is buying that junk that’s for sure
@robertpatrick3350
Ай бұрын
Russia would like to reconstruct its equipment inventory and reserve material…. But it hasn’t got the cash or economic capability…… pre war it’s military production failed to deliver replacements for the majority of its equipment or systems……..post war it will struggle to provide butter so bullets would have to wait decades….
@Fubar2024
Ай бұрын
More great news. Thanks, it's rare!
@Sars78
Ай бұрын
I suppose Putin will insist that 'all is going according to plan'. This is all very sad. Fingers crossed for this audacious Ukrainian offensive.
@verttikoo2052
Ай бұрын
We have smile in our face always when Pootin screws up.
@ericthecyclist
Ай бұрын
In war, you spend resources to destroy the other sides resources. Nobody wins, one side just survives its loses longer than the other.
@phbrinsden
Ай бұрын
They can fix this very quickly. Get the hell out of Ukraine and focus your economy to benefit all citizens and being a good world citizen. Done.
@waltonsimons9082
Ай бұрын
Putin's eventual exit will make the OceanGate guy's look like peanuts.
@lucforand8527
Ай бұрын
Just a point. There are no RUSSIAN companies to take their place!! If any company does, it's Chinese; or even better, North Korean!!
@davidanderson7389
Ай бұрын
The economic catastrophe in Russia that is unfolding is unimaginable.
@borghorsa1902
Ай бұрын
Russia should join NATO to get protection from Ukraine
@williamalexander9485
Ай бұрын
Yes they need protection from a 5 month advance. Things are going so well for Zelensky that he wants the Russians at the peace talks this time.
@skymaster4121
Ай бұрын
@@williamalexander9485oh, russian troll 😂 still trying to turn around facts any way you can? Go ahead, make us laugh 😂😂😂
@johnfortier1932
Ай бұрын
Unfortunately, their armed forces aren't up to NATO standard.
@williamalexander9485
Ай бұрын
@@skymaster4121 Oh I’m so sorry I missed the part where Ukraine won anything in the last 6 months, that they’ve advanced a single KM in that time and the Russians are heading back to Moscow. The Storm Shadows really turned the tide😆😆😆
@SeattlePioneer
Ай бұрын
Oh. very witty! And dumb.
@kestutisbagusauskas8323
Ай бұрын
That is what it was like in the Soviet era everything eventually turns to crap!
@TheGhostGuitars
Ай бұрын
I find the last chart interesting, while the Military Expenditures has drastically increased, the Total Expenditures has largely stayed relatively constant. This suggests that while Military has drastically increased, EVERYTHING else has similarly drastically decreased. That doesn't bode well for the economy's overall long term prospects because that means civilian production is flat lining.
@Nedxr777
Ай бұрын
I hate war,…ALL WAR !
@Joaodocaminhao0234
Ай бұрын
Thank you
@MrVince8
Ай бұрын
I have heard from other sources in Russia that inflation is more along the lines of 15-16%. Russia is dying, they just have not accepted it yet. Slava Ukraine!
@lucasspeckbacher7742
Ай бұрын
I want that Skulptur joe
@marklandwehr7604
Ай бұрын
Joe your graph does not Include crime as a category Considering russia is a cleptocracy Dark money is its own category Things such as pornography drugs extortion Anything we would include as vice
@MarshaBonForte
Ай бұрын
Punctuation please
@nancyhope2205
Ай бұрын
Basically they are burning money that will run out.
@user-ns7tk9mr2b
Ай бұрын
Can a nation go bankrupt? I always assumed no - they can print money which would cause inflation but they can increase taxes to prevent that. So what will happen when Russia runs out of the financial reserve?
@cubefreak123
Ай бұрын
Look to Argentina for your answer. They defaulted in the early 00s
@Rose.Of.Hizaki
Ай бұрын
wasted opportunity to drop a _'Coke Zero'_ joke.
@dreadpenguinlord340
Ай бұрын
Don't worry, Putin will soon discover "New Coke" and everything will be all better...
@RobinSmith20
Ай бұрын
Russia is in the pan and rotating clockwise. The railways are 3-4 days away from collapsing because they can’t get ball bearings so once that happens, all heavy industry that relies on rail will grind to a halt. That means no more new or refurbished heavy weapons or other essentials like fuel being moved to the front.
@Stefan_Van_pellicom
Ай бұрын
China sells them all bearings they need.
@RobinSmith20
Ай бұрын
@@Stefan_Van_pellicom US secondary sanctions have put the squeeze to Chinese banks who are refusing cross border payments from Russia so no, China is not selling Russia bearings and even if they did, Chinese bearings are crap and last a quarter as long as good quality Western bearings.
@WayneTheSeine
Ай бұрын
The Russian parade uniforms will soon be going into the "War Disaster Musuem" The note card just below the uniform will read, "cir. 2022, Unused, Russian Three Day Kiev Parade Uniform, Rus SMO 2022.
@lucianfiul3035
Ай бұрын
‘Believe half of what you see and none of what you hear.’ 😮
@rockyallen5092
Ай бұрын
That graph at 4:00 wins the most convoluted presentation of the year award
@myne00
Ай бұрын
It's not that complicated. Sectors that grew are above 0. Those that shrank are below. The average is a line.
@michaelhenault1444
Ай бұрын
The Russian economy still has one foot in a 19th century model when Russians just began moving away from a serf based society. Communism began their industry based economics, yet that model didn't make it past 1991. Employing developed countries' metrics is useful, but misses guaging the Kremlin's ability to modernizing and maintain central control at the same time. It's a Catch 22
@MultiCappie
Ай бұрын
Fellow Americans: "coke" here is actually coal, not Coca Cola.
@KJSvitko
Ай бұрын
Ukrainian Troops Are Pushing Further In Russia.
@markthompson2079
Ай бұрын
I like how your highlights on the charts. It's noticable that it has changed how your doing it. Just thought i would let you know it's appreciated.
@KianFloppa
Ай бұрын
Glory to Ukraine !!!
@georgedoolittle9015
Ай бұрын
If Russia is defeated at Belgorod after starting an Offensive there which is still ongoing the impact would be catastrophic. So far Ukraine continues to meet minimal resistance as it takes the War into Russia proper for the first time. No way would anyone want Rubles knowing how easy this has been for Ukraine to date and Ukraine alone to invade Russia and make no mistake this is all about taking and holding ground inside Russia *FOREVER* now. As far as the massive Russian Military presence still stuck deep inside Ukraine now deeper and more stuck than ever clearly that situation is now entirely untenable. Simply amazed that Ukraine has successfully pulled *ALL* of this off let alone no one in Europe in *ANY* capacity has shown up to help. Interesting report that it has been Russia that has been bombing Gaza I have read as well that's a new one. Ukraine isn't the only one that needed this win so does Great Britain just as clearly and right now too but just as clearly this win is yet again a Ukraine one and a Ukraine one alone #developing
@uweinhamburg
Ай бұрын
Ukraine should distribute leaflets in their occupied areas to inform the people there that should this region still be Ukrainian, they do stand a chance to become citizens of the European Union, and they could earn Euros and move freely inside EUrope!!! If the message spreads, half of Russia could surrender within a few weeks.....
@imapimplykindapimp
Ай бұрын
I doubt Ukraine really want to hold the Russian territory forever - possible but I suspect they just want their own territory back/to survive and are taking opportunities to help achieve that to the best of their abilities
@macswanton9622
Ай бұрын
They might not enjoy Stalinism as much as they thought
@babyfacemichael1
Ай бұрын
Russian economy is like a Cuban car , beautiful shinny 1950`s Chevrolet on the outside , under the bonnet , a clapped out old USSR Lada engine.
@dougtolley741
Ай бұрын
What is the value of the gain from the war in terms of assets, future GDP etc for Russia if hypothetically it had it signed over. What is the prize for the war, and put in context with their current level of investment. $, lives etc. Thanks. Watched the program since you very first started. Keep going.
@EnglishMike
Ай бұрын
The "prize" (if Russia wins) is thousands of square miles of totally devastated towns, cities, and countryside, and a traumatized population that will never accept living under the yoke of a foreign dictator.
@mindaza0
Ай бұрын
Ruzzia will do fine as region of china empire
@stantonparker1808
Ай бұрын
Good charts. I'd like to see more on the damage to oil refineries since 2019
@tilapiadave3234
Ай бұрын
Ruskie SHILLS keep quoting GDP ,, but Russia is making tanks etc FOR Russia,,,, that is like saying I am rich because I pay myself $10,000 per hour to clean my bathroom / kitchen etc
@patrick39432
Ай бұрын
Russia is rucked!🇺🇦
@pelam3117
Ай бұрын
Tack!
@yomanyo327
Ай бұрын
"They're producing things to go over to Ukraine" well, that's one way of phrasing it.
@user-qt8fu9fi8p
Ай бұрын
Thanks Joe for the update❤❤
@pedrocoentro2009
Ай бұрын
War destroys, the increases in GDP are being blown up every day, of course for "us" it's easier splitting the bill. Cheers Joe
@garyddlewis3067
Ай бұрын
Great video.
@barryhamm3414
Ай бұрын
The sooner Russian TV starts broadcasting Swan Lake the better
@Zyzogg
Ай бұрын
I sit here practically holding my breath waiting for Putin's house of cards to collapse. I think it will be sudden, spectacular, and totally unexpected. I also think it will be a classic Butterfly Effect event. The smallest of things will cause a cascade of events, like an avalanche. Joe, consider doing the intro and summary while walking about your neighborhood or favorite pub or coffeehouse. Just something that crossed my mind here.
@Ukie88
Ай бұрын
Back to the old soviet lineups. Moscow remains the Pyongyang of the Ruzzian federation.
@geoffreystone4849
Ай бұрын
The biggest expense is the money paid to the generals. The money then goes to Switzerland or the Middle East.😅😅😅
@billsmith-hl8rk
Ай бұрын
If Ukraine manage to capture and switch off the Kursk NPP Russia will be in serious trouble, the plant supplies power to a significant percentage of Russian heavy industry amongst other things.
@cubefreak123
Ай бұрын
Not sure if Ukraine would switch off the plant or not. There could be quite a bit of blowback internationally for its effect on civilians (although it would certainly be seen as a somewhat justified tit-for-tat move). Now if they use it as a bargaining chip and threaten to cut off the power in exchange for the NPP held by Russia in Ukraine…
@DanacyclingThailand
Ай бұрын
Good one Joe.
@EnglishMike
Ай бұрын
Is it time to roll out the Orwellian quote? _"Oceania was at war with Eurasia; therefore Oceania had always been at war with Eurasia."_ I really hope not for Ukraine's sake, but it's hard to see how Putin gets his own fingers out of the live socket he plunged them into two years ago.
@tabithan2978
Ай бұрын
Those troops signing up for that high pay will either never be paid, or will be paid in worthless rubles. 🤷♀️
@mcs131313
Ай бұрын
@joeblogs - do you ever think about doing longer form summaries consolidating more of these posts? Understand it would be a bunch of work - but personally - have been following along with these every day - but would be awesome once every couple months to get the “everything that’s going on with Russian economy” summing up the stuff from all these daily posts.
@tonystark341
Ай бұрын
The Ukrainian special military operation in Russia will definitely not help the economy.
@nwedrikkozijn
Ай бұрын
The problem facing the Multi-Nodal world (Ambassador Chas Freeman's concept) after the US Russian, US Hamas, US China wars, is that millions of fighting men get demobilized at the same time to return home to No employment, No housing, No consumer goods, No Veterans care. War time economies collapse overnight and governments, bureaucrats and politicians do not have "skill sets" needed to switch from war time rhetoric and propaganda to peace time management. Perhaps the world will go back to Analogue Electronics as an offset to the Digital dystopia being served up. The probability that Multinationals will exist in the current form or be broken up is open to conjecture. Nationalism, tribalism and xenophobic drum beating is more suited to pre-war behavior. Post-war behavior is drawing Iron Curtains around Multi-Nodal Power blocks. Orwell in 1984 succinctly describes a world in which two of the three, Oceania, EurAsia and EastAsia are at permanent war footing with each other and after 5 years or so the "Enemy" is switched, new "Allies" are made, history rewritten, propaganda newspin. I would add Africa and Latin-America and the Muslim Powerhouse to my list of a new Multi-Nodal world. Post-War reconstitution and reconstruction of World Societies is food for thought. UN relocated, ICC bringing those responsible and culpable to Justice, the Financial System reengineered and decentralized. Big Pharma, Big Agriculture, Big Oil, Big Food, Big Tech all much reduced and Multi-Nodal.
@verttikoo2052
Ай бұрын
Focus must be now in education. People are not dump, but they are severely undereducated. Human brain can store more data than wikipedia. Some people just have drop of information in their head. Education must be based on science.
@junkscience6397
29 күн бұрын
Sorry, but I never trust ANYONE named "Chas".
@adamarket
27 күн бұрын
The concept of "military Keynesianism" has always fascintated me. It's a short term way of effectively boosting an economy because it's structural demand creating output, however, it produces nothing of long term utility for domestic consumers.
@koblitz128
Ай бұрын
When the war ends, I don’t see these contracts ending overnight. Russia has at least a decade of rebuilding. Its military question for me is where is that money come from to rebuild these and keep these purchases going
@user-dl8yp3fi8f
Ай бұрын
Joe, you have frequently mentioned how Russia has a war economy. Does this mean their boost in GDP is based on "borrowed money"? That is, doesn't this mean all the Russian businesses making armaments are being paid with "money right off the printing presses"? Won't that cause extreme inflation? If so, doesn't that portend an economic collapse?
@torehaaland6921
29 күн бұрын
When Russia no longer have money to borrow from and to itself, yes, then there will be a collapse. Question is when, and if Russia really will go that far. They are still not there, but they use considerable more than they actually produce, so mathematics tells us at some point everything will crack and crash.
@kalewintermute28
Ай бұрын
I hope someone somewhere is preparing for a post war Russia because it sounds like it could be more chaotic and dangerous than what we have now.
@cubefreak123
Ай бұрын
If the concern is over nukes then yes. Although pretty much every country has a vested interest in those NOT falling into the hands of warlords. I’d imagine most of the major powers would try to lock those down, even working together to ensure it.
@kalewintermute28
Ай бұрын
@@cubefreak123 Nukes come into the equation. But it seems to me a post Putin factionalised Russia might have fires sparking off all over the place. At least at the moment everything seems to be contained within Ukraine. Not that that's much of a comfort to Ukraine itself.
@leonleong9863
Ай бұрын
Russia should watch this channel, understand the economic consequences and stop the war …
@chrispola7065
Ай бұрын
Great clock Joe...
@jbrown6367
Ай бұрын
Hi. Thanks, Joe. Great content. And always great to see you broadcast in person.
@chadchristopher9761
Ай бұрын
Joe, I just heard that the Ukrainian advance is headed towards the Kursk Nuclear Power Plant. They could soon have the ability to turn it off. 49% of all the iron ore mined in Russia comes from this power district. 13.5% of all steel created in Russia is powered by this plant. Including 10% of the meat and 20% of the sugar are farmed in this power district. How bad could this affect the Russian economy???
@zacklewis342
Ай бұрын
You're wrong. They are nowhere near Kursk and don't want that mess.
@torehaaland6921
29 күн бұрын
In practical terms, they are ery far away from that plant. It is not simply just about driving there, it would be necessary to take a wide area all the way from the Ukrainian border and well beyond the powerplant to be able to secure it over time. Ukraine would need to take maybe 40 times the area they sit on now for that to be feasible. And that is a tall order. I don't think this is an objective for Ukraine. What they could do, is blasting power lines. And that I think will happen when Ukraine gain more terrain and get the time to get to it.
@oveidasinclair982
Ай бұрын
If Ukraine is able to get to the Kerch Nuclear power plant and they do a cold shut down on it, both short & long term economic picture comes crashing down faster then a domino chain.
@mrjerzheel
Ай бұрын
The Russians are certain to reinforce the power plant, it will be tough for Ukraine to capture it
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