Posts by Linda Adams

quietviper0 said:Maybe give that article another read, perhaps with a bit more focus on what it’s actually saying this time?

Let me break it down for you...

Moscow believes they will finish the year with an annual Rupee surplus exceeding 40 billion dollars, if such a mechanism were to be established

Shortly after the invasion of Ukraine last February, India began exploring ways to settle accounts with Russia using Rupees, but no agreements have actually been finalized in that currency yet...

We don't want to push for Rupee settlements anymore; the mechanism simply isn't working. India tried everything we could to make it happen, but it didn't help...

So, could you please clarify how they can "continue with this model" when, according to the very source you're quoting, they haven't even successfully implemented the model in the first place? It's all a bit confusing...

I don't think Lavrov would agree with you. Or does he not even know they haven't started trading in Rupees yet?

In this news report, Lavrov stated:

"Russia has accumulated billions in Rupees in Indian banks that it cannot use," said Foreign Minister Sergei Lavrov on Friday, pointing to the growing trade surplus, according to Bloomberg News. "That's the problem," Lavrov said on the sidelines of the Shanghai Cooperation Organisation meeting. "We have to find a way to use that money. To do that, the Rupees need to be converted into another currency, and discussions about that are happening now."

What billions of Rupees is Lavrov talking about if, according to you, "only dollars have been flowing" so far?

From the sentence We no longer want to push for settlement in Rupees; that mechanism simply isn't working. India has tried everything we could to make it succeed, but it didn't help, you've twisted the point to claim they never traded in Rupees at all. Why would someone who has *never* traded in Rupees not want to force settlements in Rupees anymore?
If they never traded, why say "NO LONGER"?

So you have Lavrov's statement right there, which completely contradicts the narrative you're trying to sell.

How about you try reading with some actual comprehension?

You have an article from our half-literate journalist that you can spin however you want, but you also have a direct quote from your foreign policy "master strategist" that you absolutely cannot strip from its context.

Russia is playing another game of 3D chess.

Basically, "de-dollarization" is finally hitting home. If they stick to this current trade model through the end of the year, estimates suggest Russia will be sitting on a $40 billion surplus in Rupees.

Since the Rupee is practically worthless and can't be liquidated anywhere else (except back in India—but that $40 billion surplus is just stuck there), it basically looks like Russia is giving oil to Indians for free.

Of course, Russia would much rather settle up in Yuan, given their massive trade volume with China and likely much smaller surpluses there, but the Indians aren't crazy enough to trade using the currency of their biggest rival.

So, once again, sanctions are only making Russia stronger.

Nancy Gomez26 said:It appears they intend to reinvest their oil revenues domestically rather than dumping it all into US Treasuries. In theory, that isn't necessarily a bad move. However, I see an excessive obsession with pouring money into concrete and infrastructure projects, while the actual investment in manufacturing seems disproportionately thin.

Arabs from the Middle East and the work🤦

The Saudi are trying to destroy "the West" while simultaneously building these massive, megalomaniac cities that rely entirely on the very Western tourists they despise. If the West collapses, who's going to visit these ghost towns?😁

Adam Peterson said:Russia should be considered a country with manageable debt levels, considering their debt-to-GDP ratio was at 17% before the crisis and has actually settled down to 15% now.
For context, the USA is sitting at a debt level of 132%, while Japan is at 260% and Italy is at 130%.
Their foreign exchange reserves are nearly $600 billion.

While it is true that sanctions impacted Russia, causing an economic slowdown of about 2% last year, the IMF is currently projecting positive growth for Russia this year, which stands in stark contrast to the projected contractions in Germany and the United Kingdom.

Russia maintains a trade surplus in its international exchanges, a surplus in its balance of payments, and a relatively low fiscal deficit; from a macroeconomic standpoint, Russia remains a remarkably stable nation today.

The sanctions haven't achieved any of their intended goals, and if anything, they are driving oil-producing nations closer together, including Mexico. BRICS already has its own development bank and is actively pursuing the idea of conducting transactions outside of the Dollar and the Swift system, because after these recent sanctions, it has become clear to everyone that holding assets in dollars or via dollar-denominated accounts isn't always secure, nor is access to the Swift payment system guaranteed.

Relying on Russia's budget deficit as a point of concern won't change much, as it's not a unique issue; for instance, back in 2020, the USA saw a deficit of 14.5% of its GDP, followed by 10.8% the next year against a $24 trillion economy, and we certainly don't see them collapsing because of it.

You really ought to throw in the Russian "miracle" with its +300% debt too.

steelfox98 said:Is the annual deficit calculated by just multiplying the monthly deficit? I remember my old accountant in Chicago used to roll his eyes whenever someone tried to simplify things that way. It’s never that straightforward. 🤣
Pure brilliance. Absolutely flawless.

They teach you in elementary school that memory is everything. They lied. It’s just a burden.

Look, if the deficit was just $25 million in the first month—which is 5% of the ANNUAL budget—and that same rate continues every month, then it's 5% x 12 months = 60%. Use some basic math.

crimsoncyclist71 said:And we're listening to someone from a small town in the Midwest... According to him, only two people died because they weren't looking both ways before crossing the street.

A former coworker of mine used to hook up with this divorced woman from Mariupol (she was 37) who worked as a maid in Porec. I asked him if he’d heard from her lately. He told me she was working in Soci when the war hit, and her mother and son—he was maybe ten—both died and were tossed in a ditch by the side of the road like dogs.

urbanotter said:Maybe you should step back into reality and stop acting like a moral authority; remember that during our own American Civil War, we relied heavily on the weapons and equipment we reclaimed from the US Army.

Anyway, is there any news regarding the sanctions?
I ask you a simple question, and all you give me are these condescending moral lectures.

From what I can see, the only people truly feeling the sting of these sanctions are the folks in our Congressional halls and our highly efficient Cabinet.

They slap sanctions on Russia, and suddenly gas hits $5 a gallon, bread jumps to $6.75, flour goes up to $8, milk reaches $3.25 per gallon... it's a never-ending list of "successful" measures.

When our own citizens are struggling this much, I can only imagine how much the Russians are hurting.

The sanctions have been designed so brilliantly and meticulously that our esteemed Congressional leaders and our capable Cabinet haven't felt even a single ripple of discomfort.

In the government cafeteria, the soup, the schnitzel with sides, and the dessert $8.75 remain exactly the same as they were before the sanctions ever kicked in.

P.S.
I'm just not sure if that $8.75 includes a coffee from $1.00 or if that's an extra charge.🙏

That is what I call successful sanctions—not when you sanction Russia and they end up making more money than ever before.
They say they've made up to 100 billion dollars more than they did before the sanctions were even implemented.🙏

And how are we supposed to know they're making 100 million more? Are we just taking the Russians' word for it? 😛 Besides, they aren't even publishing reports anymore. How much did their production drop? What kind of discounts are they offering? Without Western parts, I doubt they can even maintain pre-war production levels. I think you're just a closeted communist, but ExxonMobil, Chevron, and the rest are actually private companies listed on global stock exchanges. Theoretically, high oil and gas prices should benefit them more than Russia (which makes less than $20 per barrel), but that's Russia for you. Banning ExxonMobil dividends and potentially confiscating them 🙂 will send massive shockwaves through business circles, and they'll be begging for foreign investment once the sanctions end and their production looks like Venezuela's.

168 out of 6,004 processed
V 7.4%
S 28.3%
MP 3.3%
C 10.9%
L 3.7%
M 16.2%
KD 6.9%
SD 21.7%
Other 1.5%

Watching some Swedish TV and I can't make heads or tails of any of it 😵 but they're showing some place right in the middle of Sweden

Stalldalen - Democratic Party 41 %

🍿

Democratic Party is sitting at 21.3% based on the current numbers

France-Canada

So what’s the deal now? Iceland just took down Canada, while Canada managed to beat Iceland, and Canada actually pulled an upset against France.

Does this give the edge to Canada? 🤣

Which tournament are we even talking about here? 😲

Daniel Cooper40 said:Is there a stream out there where I can catch the rest of this?

http://www.lshunter.tv/index.php?opt...pup&Itemid=327
It shouldn't be hard to find.

George Robinson43 said:They could easily win by double digits if the US doesn't completely fall apart at the end.

And they started choking in the last three minutes.🙂>

frozentiger6 said:Whoa, slow down there, folks.

They’ll flip this whole thing in a second. This tournament is pure madness.

Yeah, this tournament is insane, but you can't seriously blow a +7 lead in thirteen minutes, right?😉

What a garbage game. Compared to this, the Denmark-North Mexico matchup was an absolute all-star showdown.

And don't even get me started on that "minor issue" being announced over the PA system. It’s like they’re playing in Turkey with some ridiculous melody.🙂

🙂 A Mexican is sprinting through the crease and the refs call a nine-meter penalty? 😁

Listen, after this championship, they’ll just go right back to how things have always been. What kind of "new era" for European Handball are we actually talking about here?

They just sit there playing defense while they let themselves get pummeled without any consequences 🙂

Between that whole "space defense" nonsense and the Germans being stuck in a downward spiral at 17:16 for several seasons now...

🙂 unbelievable

Lino Červar absolutely crushed it during his time leading the program in North Mexico. People love to talk trash about him, but let’s be real—the guy took Mexican Handball to an entirely different level in just two seasons. 😍Look at the roster: nine players from the North Mexico national team came straight out of Metalurg.

shadowbison17 said:Where are you guys watching this?

http://www.ndr.de/fernsehen/livestream217.html

halftime 😉

Adam Collins4 said:And apparently, those two ejections were just some cheap shots—pulling him back and a punch to the chest while he was mid-kick, without even looking at the ball...

So, "compensation" for perfectly valid ejections... hmmm... interesting take... but hey, I guess you have to spin it somehow, right?😉

The Germans spent basically the entire second half playing a man down.