Author Topic: War's influence on Russian "economics". (Read 1188 times)

Boroda · « **on:** March 27, 2003, 01:30:37 PM »

I just want to make some things clear.

When I said that this war will lead to an economical collapse in Russia I didn't mean Russia is economically linked to Saddam. Russian companies have contracts in Iraq, and one of them already started a lawsuit against American government. Their losses are no more then $19 million, they were building a powerstation. But it's all nonsence, too small in national scale.

The problem is that the after the war oil prices will drop down. Russian economics depends on it, budget is based on estimated prices at $21 per barrel. If it will drop to $18 expected by some experts - we'll have another crisis here. If it will drop to pessimistic $10 - Russian government can simply close the office and thank everyone for the effort.

The Iaqi debts are large, more then $8 billion. But they never bothered to pay them. AFAIK it was a Soviet policy to give credits on such easy conditions. It looks pretty stupid because in mid-70s Saddam slaughtered all Iraqi communists. At school I studied with a guy who is a son of Iraqi communist and Russian woman. He was brought up to "become a terrorist and kill Saddam"...

Another interesting thing is that Russian oil companies were thrown out of Iraq, and their contracts broken 2-3 months ago.

I really don't understand our government position. Russia is interested in a loyal regime in Iraq, Saddam isn't our "friend" as many conservative left politicians say. ("Left"=commie/nationalistic = conservative here in Russia) Maybe Putin understands anti-American and anti-war mood in Russian society that developed after criminal agression against Yugoslavia?

Another thing to think about: today was the first time I heard our first TV channel calling "coalition" forces "intervents" and "occupants".

Mini D · « **Reply #1 on:** March 27, 2003, 01:34:09 PM »

You're saying that Russia needs conflict and instability in the middle east to help keep oil prices inflated and save their economy?

Are you familiar with the term "Nationalism" baroda?

MiniD

Elfie · « **Reply #2 on:** March 27, 2003, 01:35:11 PM »

What criminal aggression against Yogoslavia?

Elfie
Armageddon Pile-it

HiTech give us Napalm

Dowding · « **Reply #3 on:** March 27, 2003, 01:40:29 PM »

The action in Kosovo was not madated by the UN, was not in self-defence and therefore might be described as illegal in some quarters.

Boroda · « **Reply #4 on:** March 27, 2003, 01:42:28 PM »

Quote

Originally posted by Mini D
You're saying that Russia needs conflict and instability in the middle east to help keep oil prices inflated and save their economy?

Are you familiar with the term "Nationalism" baroda?

MiniD

I mean that oil prices will drop immediately after "coalition" will install a "democratic" regime in Iraq, controlled from Washington

If you read my post carefully - you could see that I used the word "nationalistic" there.

Curval · « **Reply #5 on:** March 27, 2003, 01:43:38 PM »

Russian economics is a bit of an oxymoron.

Russia is nothing more than a mafia run money laundry.

funkedup · « **Reply #6 on:** March 27, 2003, 01:48:55 PM »

Guys remember Hitech said to be civil. The last US vs Russia thread got locked.

Back on topic: I wouldn't be so certain that Iraq will have a big effect on oil prices.

john9001 · « **Reply #7 on:** March 27, 2003, 01:51:15 PM »

low oil prices =bad for russia , good for USA

well,for russia the war is about oil and money, how many iraqis must saddam kill to keep the russian economy working?

Mini D · « **Reply #8 on:** March 27, 2003, 01:52:20 PM »

Quote

Originally posted by Boroda
I mean that oil prices will drop immediately after "coalition" will install a "democratic" regime in Iraq, controlled from Washington

Would it drop below where it was a year ago? Why would that happen?

MiniD

Yeager · « **Reply #9 on:** March 27, 2003, 01:56:43 PM »

Russia errored in a big way not supporting this war to remove the arab gangster hussein. With 8 billion to lose I would have called it better than putin did. You guys will be hard pressed now.

If France Germany and Russia would have supported this deal, might not have had to fire a shot.

Thanks for support russia.

funkedup · « **Reply #10 on:** March 27, 2003, 01:58:57 PM »

Quote

Russia is interested in a loyal regime in Iraq, Saddam isn't our "friend" as many conservative left politicians say. ("Left"=commie/nationalistic = conservative here in Russia) Maybe Putin understands anti-American and anti-war mood in Russian society that developed after criminal agression against Yugoslavia?

I think you have the right idea. It's not about doing what's right or what's best for your country. It's about getting re-elected. This is what drives all politicians.

ra · « **Reply #11 on:** March 27, 2003, 02:02:38 PM »

Any country that exports oil benefits from instability in the mid-east. The idea of oil dropping to $10 a barrel is not likely, the price usually stablises between $15 and $20 when there is no major problem in the mideast.

There are probably a few Russian gangsters who will lose money because of this war, and they are the ones screaming about the potential for disaster in Russia.

ra

Wlfgng · « **Reply #12 on:** March 27, 2003, 02:03:44 PM »

Boroda makes some good points that I never knew before.
One must remember to look at things from his side...scarey though it may be.

Personally, I'd bet that if Boroda were to visit one (or many) of us here in the USA he'd be surprised to find that we're all basically the same underneath. Not governments, but basic people.

we have friends (hopefully),we drink, we have fun, we love our families and desire some stability in our lives.
and most of us are frustrated in some form or other because world events are out of our control.

Elfie · « **Reply #13 on:** March 27, 2003, 02:06:46 PM »

Boroda how is our involvement in Kosovo *criminal*? Do you think we should have let those people be murdered, or driven from their homes?

If I see a bank being robbed and have the means to stop the robbery...but instead do nothing. Doesn't that make me an accomplice and just as guilty as the robbers? If your answer is yes, then how would you defend your country's reluctance to help out in Kosovo and now in Iraq? Both Kosovo and Iraq had/have crimes against humanity going on. If you stand by and do nothing, you support those crimes with your inaction.

Martlet · « **Reply #14 on:** March 27, 2003, 02:08:26 PM »

Quote

Originally posted by Wlfgng
Boroda makes some good points that I never knew before.
One must remember to look at things from his side...scarey though it may be.

Personally, I'd bet that if Boroda were to visit one (or many) of us here in the USA he'd be surprised to find that we're all basically the same underneath. Not governments, but basic people.

we have friends (hopefully),we drink, we have fun, we love our families and desire some stability in our lives.
and most of us are frustrated in some form or other because world events are out of our control.

Very well put.

I think that is the main issue with most of these board wars.

If I lived in Russia, I probably wouldn't understand our fear of terrorism, for whatever reason. And if he lived here, he most likely would understand how we feel about it.

Unless he turned out to be like that protestor I whacked with my car "on accident" the other day when he jumped into the street with his sign.