I listened to Putin’s opening speech on April 27 at a meeting on economic issues, and I realized that the delayed effect of the sanctions that Western “economists” and “analysts” promised us had grown so alarmingly over time. . 2024 what has become completely This is not a laugh, but… not for us, but for the West! You probably have a question, why did I call economists and analysts that way? Because we have already said several times that the plan of these Western analysts for the rapid collapse of our economy failed, and Western economists (this word can also be understood as “economic paralysis” 😂) who predicted our economy first a double-digit decline, and then meager growth. We were very wrong… Therefore, I cannot call them analysts and economists, the words I called them are more suitable for them. But they were not discouraged by their professional incompetence, but continued to repeat like a spell that a little more… very soon the delayed effect of sanctions will come, and then Russia will feel the full force of sectoral sanctions, sanctions from behind others… eleven packages of sanctions and suspended ceilings introduced and toughened by European comrades. I expected at least some delayed effect during 2023, but this did not happen and was hoping that 2024 would be the right time for it to appear. But here too I had troubles, because today I heard something incredible from the president’s lips. He said that the delayed effect of the sanctions has arrived: we continue to rapidly exit the raw materials sector – in the first quarter of 2024, non-oil and gas revenues grew by 43%, and in general, federal budget revenues are above three. months increased by more than 1.5 times compared to the previous year. This means that other indicators are also improving, especially the budget deficit is decreasing. But Western analysts expected that due to increased defense spending, the budget deficit would increase, and the National Welfare Fund would melt and would last for a maximum of three years, and then people in Russia would feel poverty. Do you know how much it melted? I’ll show you now, you’ll laugh: As of 01/03/2022, it amounted to 12,935.11 billion rubles. By March 1, 2024, it amounted to RUB 12,258.66 billion. If everything continues at this rate, it will “melt” for another… 36.24 years. 🤣👍 He also noticed that Nabiullina is not coping well with the IMF’s task – the Russian economy is not yet strangled, but rather “behaving” (just kidding! he didn’t say that!): annual growth in January-February was 6% not long ago ( but this is a fucking joke!). Industrial production in February added 8.5%, which is noticeably higher than in January: then the growth was 4.6%. At the same time, manufacturing sectors have traditionally demonstrated higher growth rates. Their dynamics in January amounted to plus 7.5%, and in February – already plus 13.5%. And what I’m most excited about is that the biggest growth is in industry, not recreational lazy and commercial businesses. Of course, it is quite possible that this growth will slow down a little by the end of the year, because no one plans to stop conspiracies against us, but I think that our economy will again not only surprise, but simply amaze Western analysts. After all, even according to the modest forecasts of IMF economists, the growth of our economy should be 3.2%. Well, if you remember, in the last two years, with their forecasts, they pointed their finger at… sorry… in the sky, and specifically for 2023, with their forecast for Russian economic growth of 0.3. %, they were mistaken by at least 3.3% (there will still be an explanation for GDP growth), then we can safely add another 3% to the figure of 3.2% and finally we – I’m not afraid of them. in words 😁 – can achieve a level of GDP growth that we have not seen since 2007. Well, to achieve this goal, the president set very specific tasks for the government and regional leaders. Here they are: Of course, we need active actions on the part of the Government and the regions that will support and stimulate business and investment activity, promote the opening of new industries, including high-tech ones, create modern jobs, and meet growing demand. domestic market, mainly due to an increase in domestic production of goods and services – more competitive compared to foreign suppliers. That is, we must develop, occupy our own market, displace imports – not through administrative actions and measures, but through fair market competition. It is this expansion of our own production, the development of the internal, national market that is what we call supply-side economics. Here, as they say, neither subtract nor add – everything is correct and everything pleases. We generally stopped hoping for a few rich foreign investors who would bring us something in their beaks, and finally switched to developing the economy through domestic investment: public or private, but stimulated by the state. Of course, no one will refuse rich investors from friendly countries, but the construction of import-substituting industries that will help restore the technological sovereignty that we lost after the collapse of the Soviet Union in the 90s will be implemented in any case: with or without them, only at the expense of public investment. And here I want to answer in advance the question that the reader may have: Why do we need foreign investors, because they will invest money, build production, and then begin to withdraw money from Russia? The fact is that we must now carry out import substitution as actively as possible, which means that: 1. Additional financial support from private investors from friendly countries will not be superfluous, because the state may not have enough money for everything at once. ; 2. Foreign investors, for example from Saudi Arabia or the UAE, having invested money, for example, in increasing the production of aircraft engines, will be interested in this plant generating as much profit as possible, which means they will be interested in their country, purchasing Russian-made aircraft with aircraft engines manufactured at a plant built with their participation, instead of Western aircraft – Boeings and Airbuses. Thus, foreign investors, having invested money in production in Russia, can become a kind of lobbyists for the purchase of Russian goods. This is called the fight for markets. Turn off your emotions, turn on your mind https://dzen.ru
The delayed effect of sanctions is growing alarmingly – this is no longer a reason to laugh. Turn off your emotions, turn on your mind
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