home bbs files messages ]

Just a sample of the Echomail archive

<< oldest | < older | list | newer > | newest >> ]

 Message 38928 
 Joseph Pereira to All 
 IMF: Russian Economy Grows by 1% 
 15 Dec 25 07:39:06 
 
TZUTC: -0600
MSGID: 37181.fido_politics@1:124/5016 2da5d6b7
PID: Synchronet 3.21a-Linux master/bd2a60f59 Nov 02 2025 GCC 13.3.0
TID: SBBSecho 3.31-Linux master/bd2a60f59 Nov 02 2025 GCC 13.3.0
BBSID: EOTLBBS
CHRS: UTF-8 4
FORMAT: flowed
NOTE: FSEditor.js v1.105

How should you interpret something like that?

Is this even correct?

It matches the figures the IMF uses. They can certainly do math. But they have
to work with figures provided by Russia.

But let's assume the Russians aren't lying for once.

The economy has actually grown by 1%.

By what?

In 2026, 40% of the state budget will go to the military.

That means wages, but mainly development and production of weapons.

They're making a tank. Let's assume it's worth $15 million. That's a $15
million contribution to the economy.

Three weeks later, that tank is only worth the scrap metal price.

So, as soon as that scrap metal is sold, there's ALSO a $400 contribution to
the economy.

But Russia hasn't added anything!

Prosperity didn't increase. A few people received wages, but that's only a
fraction of all the costs incurred in producing that tank.

What's wrong is the way we calculate economic growth. The IMF may be right,
but prosperity for the average Russian is declining sharply, because benefits,
infrastructure, schools, hospitals—all of these are receiving much less
funding. The military now receives 40% of available resources, while in Europe
we spend 2% on military resources.

So don't be fooled by IMF figures. Things are going dramatically badly in
Russia... for the Russians themselves.

 .
--- SBBSecho 3.31-Linux
 * Origin: End Of The Line BBS - endofthelinebbs.com (1:124/5016)
SEEN-BY: 103/705 105/81 106/201 124/0 5016 128/187 129/14 305 153/757
SEEN-BY: 153/7715 154/10 30 110 203/0 218/700 221/0 226/30 227/114
SEEN-BY: 229/110 112 134 206 300 307 317 400 426 428 470 700 705 240/1120
SEEN-BY: 240/5832 263/1 266/512 280/464 5003 5006 291/111 292/854
SEEN-BY: 292/8125 301/1 310/31 320/219 322/757 341/66 234 342/200
SEEN-BY: 396/45 423/120 460/58 256 1124 633/280 712/848 770/1 902/26
SEEN-BY: 5020/400 5054/30 5075/35
PATH: 124/5016 280/464 460/58 229/426


<< oldest | < older | list | newer > | newest >> ]

(c) 1994,  bbs@darkrealms.ca