Summary of ОБВАЛ НЕФТИ/ ТРАМП БЬЁТ ПО США/ В РФ ТРЕБУЮТ ОТСТАВКИ НАБИУЛЛИНОЙ/ КОНЕЦ ПРОМЫШЛЕННОСТИ РФ. Милов
The video discusses significant economic challenges currently facing Russia, highlighting a dramatic decline in Oil Prices, the impact of U.S. tariffs under Trump, and the overall deterioration of the Russian economy. Key points include:
- Economic Collapse: The Russian economy is experiencing a severe downturn, with the Moscow Exchange index plummeting to levels not seen since early January. This decline is attributed to a combination of global market pressures and internal economic mismanagement.
- Production and Inflation: Industrial production growth has stagnated, with some sectors, particularly civilian industries, showing negative growth. In contrast, military sectors are the only ones experiencing any growth, leading to concerns about the overall health of the economy.
- Wealth Disparity: Reports of an increase in the number of billionaires in Russia are misleading, as the stock market gains are not reflective of actual economic improvements. The wealth is largely tied to inflated stock prices rather than real economic activity.
- Wage Growth and Employment: Real wages are stagnating, and there is a notable decline in job growth, especially in the civilian sectors. The military industry is attracting talent away from civilian jobs by offering higher wages, but this trend has now plateaued.
- Government Policy Critique: There is significant criticism of Elvira Nabiullina, the head of the Central Bank, for her handling of monetary policy, particularly in relation to rising inflation and economic stagnation. Critics argue that her strategies are not addressing the root causes of inflation and economic decline.
- Oil Prices and Global Market Dynamics: Oil Prices have fallen below $65 a barrel, influenced by global economic forecasts and OPEC's decision to increase production. The decline in prices is detrimental to the Russian budget, which heavily relies on oil revenue.
- Trump's Tariffs: The video discusses how Trump's Tariffs are disrupting global trade and negatively impacting the Russian economy by increasing costs and reducing demand for oil. The tariffs have not been applied to Russia, raising questions about the geopolitical implications.
- Future Outlook: The presenters express skepticism about any immediate recovery in the Russian economy, warning that without significant changes, including a resolution to the war in Ukraine and a shift away from the current economic model, the situation is likely to worsen.
The video concludes with a call for transparency and honesty in addressing the economic challenges facing Russia, emphasizing the need for fundamental changes to avoid further decline.
Presenters/Contributors
- Vladimir Milov
- Co-host Lyutsik
Notable Quotes
— 01:55 — « This is about the same story that Nabiullina instead of that, she has some separate tool that she can use and instead of using her authority to express what the real problem is, in fact, she begins to try to kill some remaining activity that is still alive. »
— 01:55 — « It’s like recognized already at the official level well and as if a task for a schoolchild from the zero grade. »
— 01:55 — « You can put a poultice on a dead person but this does not really affect that is, well, maybe it will last a day but it will still die. »
Category
News and Commentary