What's going to happen to Ukraine?

[Kellhound]

Who gives a shit about PPP. We are talking countries here. Russia is doing just fine. Their economy is better than 90 of worlds economies and much stronger than most European ones. Greece has a high PPP per capita because everyone and their dogs own 3-4 houses. But people properties and personal wealth doesn't mean a wealthy country =)

Russia has the third least debt in the world with close to 400bln USD in reserves. They are fine , quit posting things you dont understand

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Their reserves actually grew this year =)
Their economy is actually kickstarting, at least thats what the funds are saying

Actually, Greece has a low GDP (PPP) per Capita, it just happens to be higher than Russia's. PPP is intended to show relative strength adjusted for the local economy, so a lot of people care about it. Russia has a better economy than about 8 European countries, all of which are former Communist countries.

Russia has low debt because of low spending and relatively high taxes per capita.

Oh the irony, if you stopped posting about what you dont understand, you would never post again.

[Ulmita]

Actually, Greece has a low GDP (PPP) per Capita, it just happens to be higher than Russia's. PPP is intended to show relative strength adjusted for the local economy, so a lot of people care about it. Russia has a better economy than about 8 European countries, all of which are former Communist countries.

Noone cares about PPP per capita other to see an index of maybe standard of living. What describes better a health of countries economy its the GDP PERIOD.
You can have a very wealthy communist country and very poor people since the wealth will be concentrated to the government.

Russia is in much better condition that the vast majority of Europe, not just 8. If i recall correctly only UK, France, Germany and Italy are in a better condition.

2017 they forecast an increase of 1.5% of Russia's true GDP which would mean the end of the recession.

Seing the economic war America wage in conjunction to the energy prices war they faced, not only they showed they can survive but they also thrived.

Russia is and will be fine, stop crying.

[Kellhound]

Noone cares about PPP per capita other to see an index of maybe standard of living. What describes better a health of countries economy its the GDP PERIOD.
You can have a very wealthy communist country and very poor people since the wealth will be concentrated to the government.

Russia is in much better condition that the vast majority of Europe, not just 8. If i recall correctly only UK, France, Germany and Italy are in a better condition.

2017 they forecast an increase of 1.5% of Russia's true GDP which would mean the end of the recession.

Seing the economic war America wage in conjunction to the energy prices war they faced, not only they showed they can survive but they also thrived.

Russia is and will be fine, stop crying.

Russia does worse in GDP per capita (68th) then it does in GDP (PPP) per capita (48th). They have hardly thrived, and they are only fine by having a low standard of living.

[Deleted]

Their reserves actually grew this year =)

So they also use Greek accounting....

[Ulmita]

Russia does worse in GDP per capita (68th) then it does in GDP (PPP) per capita (48th). They have hardly thrived, and they are only fine by having a low standard of living.

Cool story but...




As i said, there is only UK, Germany, France, Italy and Spain ahead of Russia in terms of size of economy. The GDP listed there doesn't include Crimea so its actually higher.

Also, Russia's GDP saw a rise from last year and by the 1.5 prediction will overcome Spain to become the 5th biggest EU economy or the 4rth when UK leaves.

Lastly, it doesn't take in cosideration the debt to GDP which if we do you will see their economy is healthier than Spain's and Italy's by far.

[Kellhound]

Cool story but...




As i said, there is only UK, Germany, France, Italy and Spain ahead of Russia in terms of size of economy. The GDP listed there doesn't include Crimea so its actually higher.

Also, Russia's GDP saw a rise from last year and by the 1.5 prediction will overcome Spain to become the 5th biggest EU economy or the 4rth when UK leaves.

Lastly, it doesn't take in cosideration the debt to GDP which if we do you will see their economy is healthier than Spain's and Italy's by far.

Dear god man.....
Per capita is used to show RELATIVE strength. Put it this way, Russia, with 143 million people and 17 million sq km, produces slightly less than Australia does with 24 million people and 7.5 million sq km. Given Russia's population, size, and resources, its economy SUCKS.

[Ulmita]

Dear god man.....
Per capita is used to show RELATIVE strength. Put it this way, Russia, with 143 million people and 17 million sq km, produces slightly less than Australia does with 24 million people and 7.5 million sq km. Given Russia's population, size, and resources, its economy SUCKS.

"Dear God dude". In the same sense India's economy SUCKS too, but this isn't how economies are measured. Russia was in G8 with just 600bln bigger GDP
GDP by itself doesnt mean a lot. Russian economy as funny as it sounds especially if you take in consideration the debt is in a MUCH MUCH better condition than the VAST EU countries.

[PassingBy]

It will be an interesting excercise if you put another number to that GDP table.
The amount of debt.

It will be a rather interesting show of how much of that GDP is based on the virtual, non-existent money.

As for Ukraine - it has only 2 options really:

1.New government, which will lay down the nazi rhetoric, and try to find common ground between east and west of the country, unite the people around a new idea, that doesn't involve nazi collaborators and racial supremacy, rebuild the relationship with Russia, and slowly build up the country back to where it was before the coup.

2. Sliding more into the nazism and chaos, that the country is in now, and at some point just deteriorate and be divided into several separate parts. Some will go to Poland, some to Romania etc.

[Kellhound]

"Dear God dude". In the same sense India's economy SUCKS too, but this isn't how economies are measured. Russia was in G8 with just 600bln bigger GDP
GDP by itself doesnt mean a lot. Russian economy as funny as it sounds especially if you take in consideration the debt is in a MUCH MUCH better condition than the VAST EU countries.

India's economy does suck, even more so than Russia's. And yes, it IS how economies are measured because it points to the actual functionality of the economy.
Russia was invited to the G8 for political reasons, economically it is massively under performing the G7 (Its per capita performance is 1/3 of Italy's).

[PassingBy]

India's economy does suck, even more so than Russia's. And yes, it IS how economies are measured because it points to the actual functionality of the economy.
Russia was invited to the G8 for political reasons, economically it is massively under performing the G7 (Its per capita performance is 1/3 of Italy's).

Waiting for the new G8:

Qatar
Luxembourg
Macau
Singapore
Brunei
Kuwait
Norway
UAE

[Dezerte]

Pure GDP is an indicator of how big the economy of a country is. But it doesn't tell you how healthy the economy is, which is something per capita-numbers do better.

[PassingBy]

Pure GDP is an indicator of how big the economy of a country is. But it doesn't tell you how healthy the economy is, which is something per capita-numbers do better.

Alongside with the amount of debt both in bulk and per capita, the trade balance surplus, the structure of the economy, the average household income, and many other factors.
GDP doesn't illustrate jack.

[igibum]

Dear god man.....
Per capita is used to show RELATIVE strength. Put it this way, Russia, with 143 million people and 17 million sq km, produces slightly less than Australia does with 24 million people and 7.5 million sq km. Given Russia's population, size, and resources, its economy SUCKS.

You, my friend, are arguing with a member of paid FSB internet team, who is assigned to forums and public boards around the world, to spread word about heaven in russia, north corea, venezuela, and other "free countries" and hell in the west...

This guys from FSB are trying to make people around the world, believe that USA have 100 million homeless people, and that in EU, people starve on the streets...

Best way to deal with him is to ignore his gibberish talk...

[Kellhound]

Waiting for the new G8:

Qatar
Luxembourg
Macau
Singapore
Brunei
Kuwait
Norway
UAE

If you went straight off of GDP the G8 would be US, China, Japan, Germany, UK, France, India, Italy. Still no Russia.
The G8 should really be: US, UK, Switzerland, Australia, Germany, Canada, France, and Japan.

[PassingBy]

If you went straight off of GDP the G8 would be US, China, Japan, Germany, UK, France, India, Italy. Still no Russia.
The G8 should really be: US, UK, Switzerland, Australia, Germany, Canada, France, and Japan.

Well it can be whatever, since it doesn't have any real value, imho.

However not including the largest economy and the largest nation in the world into an organization (even an unofficial one, which doesn't decide anything) that targets solving world's difficult issues seems counterproductive.

And btw why are we talking about G8? As there was never such a thing. It was G7, and then G7 + Russia for a rather short time, for purely political reasons, and now it is G7 again.

[Kellhound]

Well it can be whatever, since it doesn't have any real value, imho.

However not including the largest economy and the largest nation in the world into an organization (even an unofficial one, which doesn't decide anything) that targets solving world's difficult issues seems counterproductive.

And btw why are we talking about G8? As there was never such a thing. It was G7, and then G7 + Russia for a rather short time, for purely political reasons, and now it is G7 again.

China has a very large but very under productive economy, it is best to have both large and productive economies involved. China is about 25th in a list taking into account size and productivity, Russia is ~31st.

[Ulmita]

Kellhound cherry picks. As i said and what you keep avoiding is the freaking debt. Russia is virtually debt free. USA is in 10's of trillions.
Italy is almost drowning in debt. Their debt to GDP is higher then the one Greece had before their entered crisis.

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You, my friend, are arguing with a member of paid FSB internet team, who is assigned to forums and public boards around the world, to spread word about heaven in russia, north corea, venezuela, and other "free countries" and hell in the west...

This guys from FSB are trying to make people around the world, believe that USA have 100 million homeless people, and that in EU, people starve on the streets...

Best way to deal with him is to ignore his gibberish talk...

Nah you are dreaming and wishing. I am a free willed westerner who bash the world's most warmongering nation for free.

[Deleted]

Italy is almost drowning in debt. Their debt to GDP is higher then the one Greece had before their entered crisis.

Italy's debt is to a large degree in the hand of Italians and Italy has some industrial sectors that are actually functional and - you know - produce stuff. While the pure numbers comparison with Greece is legit, it doesn't show the whole picture.

[Ulmita]

Italy's debt is to a large degree in the hand of Italians and Italy has some industrial sectors that are actually functional and - you know - produce stuff. While the pure numbers comparison with Greece is legit, it doesn't show the whole picture.

Debt - to - GDP shows exactly that.

Italy's last debt to GDP was 132%, latest is 133%
Portugal is over 130% too

Read this http://ec.europa.eu/economy_finance/...p/index_en.htm

[Deleted]

If you went straight off of GDP the G8 would be US, China, Japan, Germany, UK, France, India, Italy. Still no Russia.
The G8 should really be: US, UK, Switzerland, Australia, Germany, Canada, France, and Japan.

Switzerland Australia and Canada. Ahah