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  1. #11
    gleeful gleeful is online now

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    Quote Originally Posted by Ardillaun View Post
    Growth from what base? The Russian economy is tiny.
    The Russian economy is worth 2 trillion USD making around the same size as India. In PPP terms, Russia is 6th in the world, ahead of the UK, France and Brazil.
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  2. #12
    Justinian Justinian is offline

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    Quote Originally Posted by gleeful View Post
    The Russian economy is worth 2 trillion USD making around the same size as India. In PPP terms, Russia is 6th in the world, ahead of the UK, France and Brazil.
    World Bank data shows that Russian GDP was 1.3 trillion USD in 2015. That is right in between Australia and Spain and places Russia at spot 13. The United Kingdom, France and India hold the fifth, sixth and seventh spots respectively.

    http://databank.worldbank.org/data/download/GDP.pdf
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  3. #13
    gleeful gleeful is online now

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    Quote Originally Posted by Justinian View Post
    World Bank data shows that Russian GDP was 1.3 trillion USD in 2015. That is right in between Australia and Spain and places Russia at spot 13. The United Kingdom, France and India hold the fifth, sixth and seventh spots respectively.

    http://databank.worldbank.org/data/download/GDP.pdf
    Exchange rates are subject to change. Since 2015 the UK has fallen to 7th. Gdp in USD Ppp is the more accurate way of measuring an economy.
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  4. #14
    Justinian Justinian is offline

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    Quote Originally Posted by gleeful View Post
    Exchange rates are subject to change. Since 2015 the UK has fallen to 7th. Gdp in USD Ppp is the more accurate way of measuring an economy.
    I don't dispute the second sentence of the post I was responding to, merely the first - hence I spoke of GDP instead of GDP PPP.
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  5. #15
    tsarbomb tsarbomb is offline
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    Russia is not a potential rival of the US anymore. Whichever way you want to measure it Russia's economy is substantially smaller than that of the US and without serious economic reforms there its performance will be sluggish at best over the next few years. It does though maintain a very powerful military, but without major economic expansion it is probably now at the most capable that it can be. Any further big increase in military spending will probably result in either taking money from other services (which would obviously erode the government's popularity) or a lot of borrowing.

    China on the other hand is a different case and is a potential rival to the US. Even though the doom merchants are constantly predicting economic collapse there its not likely to happen any time soon. Before I moved there in the early 2000s there were plenty of predictions for either a major slowdown of the economy or in some cases a ull scale economic and political collapse, but this never happened. China's economy will probably continue to expand over the next few years, though at a more modest rate than previous years. Given this, one can reasonably expect China to overtake the US as being the world's richest country by a few metrics in the next couple of decades, and from there who knows. Because of this they can afford to expand their military to a point where they will be the most powerful country in eastern Asia, and likely by quite some distance. And because they have no major military deployments around the world as western countries do they'll be able to concentrate the bulk their military in one region which is widely thought to be the most important in the world.

    Trump is right to get Russia on board in order to balance against China. I remember he also talked about reaching out to North Korea during the campaign, so its not impossible that they might even be brought in on this. NK-China relations have been growing more and more frosty over the past few years.
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  6. #16
    parentheses parentheses is offline
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    F William Engdahl. He argues Trump is implementing a strategy of Henry Kissinger. Arguably Kissinger was the man who won the cold War by his rapprochement with China. Now Kissinger wants to implement another winning strategy-namely to open a rapprochement with Russia, thereby cleaving Russia away from China and once again splitting the great powers of Eurasia.

    Kissinger has been associated with the Rockefellers, who dominated US Republican party foreign policy before the rise of the neocons.

    The more we look under the rocks and at the key foreign policy choices of neophyte Trump, we find the pawprints of Henry A. Kissinger.
    http://www.globalresearch.ca/billion...ger-co/5567490
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  7. #17
    The Eagle of the Ninth The Eagle of the Ninth is offline
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    1) The Russian Ambassador acknowledged that the Kremlin was in touch with the Trump campaign from the time he was nominated. 2) The new frontrunner for Secretary of State is the CEO of Exxon Mobil who wants to lift the sanctions on his $500 billion oil deal with Putin. 3) Mitch McConnell stopped the bipartisan Congressional response to the Russian hacking after the CIA briefing, and guess what? His wife now has a cabinet post.

    Thats your pivot.
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  8. #18
    Ardillaun Ardillaun is offline

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    Quote Originally Posted by gleeful View Post
    Exchange rates are subject to change. Since 2015 the UK has fallen to 7th. Gdp in USD Ppp is the more accurate way of measuring an economy.
    You can measure it in all sorts of ways but it's not anywhere near that of the US, and the GDP per capita (which matters more to ordinary citizens) is very mediocre. Putin should be putting his energy into making a very talented workforce more productive rather than frightening the neighbours.
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  9. #19
    Ardillaun Ardillaun is offline

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    Tsarbomb, I see Exxon have a big stake near your neck of the woods in the Kara Sea.

    http://www.vox.com/energy-and-enviro...nctions-russia
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  10. #20
    Mick Mac Mick Mac is offline

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    Quote Originally Posted by Ardillaun View Post
    Tsarbomb, I see Exxon have a big stake near your neck of the woods in the Kara Sea.

    http://www.vox.com/energy-and-enviro...nctions-russia
    If that holds the oil people think it might then it means Saudi can be dumped. Really if the west can deal with all the things Saudi does then Russia isnt even in harms way with its recent actions. They could even go further and it wouldnt be a break.

    Its the interests of those who are well funded to keep Saudi Arabia as the link versus those who think Russia can do the job better. In the context of Trumps push back against islamist extremism that means Saudi is an enemy. Currently its a Frenemy.

    Mick
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