A war economy? You mean like the one that pulled the US out of the Great Depression and made it the dominant economic power in the world. Is that what you mean Konstantin?
@@guylancaster2055 Mentioning of oil refineries under a video about Russian booming economy is really anecdotal. Tell me about cope while Russia has entered #4 spot in global economy this year surpassing Germany last year and Japan this year.
How do you know? Years back nobody knew china would be second largest economy. They have a while bunch of economic analysis in their country, don't tell me you believe they don't know what they are doing?@@8bitmemorylane166
you cannot talk economy if you don't have the data and putin is of course lying about everything... not just about the GDP figures, also about how many russians have died in Ukraine... the latter is a bit more important... so what you hear in this conversation is an estimation and an opinion, all you can get when sy talks about russia these days
Same as USA buys Russian gas and re-sells it to smaller countries like Lithuania ....if Lithuanian bought gas directly from Russia it will be three times cheaper ..so USA told.lithuania not to buy gas from Russia but buy from the USA....
Have you seen germans to crush their furniture in the streets to warm themselves up the past winter, like in your neighborhood? Or their houses floating in a river due to a dam collapse? 😂😂
@@12zaf1I see Germans having to use the credit cards to pay their heating hills while struggling with their gas and energy costs German industries moving their operations from Germany because production is too expensive and the German economy going into recession while the Russian economy grows
I just got a new BMW, so somebody must be still making cars in ruined Germany 😀😀😀... how is russia??? are there any cars produced besides those special ones (that we like to call tanks)??? of course not... russia is on a track of collapse worse than in 1991 after su, when putler out, they will think of the 90s with nostalgia as the golden era of russia...
@@gaborszabo3110 the chances are your BWM was manufactured in China where that Cheap Russia oil and gas is now flowing to instead or Germany. Many German cars are manufactured in Germany. German manufacturers are quickly moving out of Germany because it's too expensive to manufacture there.
Russia will find a way to survive without europe...so they have to deal with that fact. The world consists of arab countries, asian countries, african countries, south american countries...so europe should stop over playing it's importance.
@@snowy7236the most tech country actually is china, so no logic in your argument, china has cameras in all the cities of their country , the best internet and best drones, we are not in 1980 dude.
DW, some advice : if you want to be taken seriously as an information channel, don't have a visibly angry Russophobe with a track record of being wrong in his 'analysis' as your "expert correspondent".
It is a real pity that the supposedly "Russian expert" is doing what John Kirby and Blinking are good at, negative spin for the county they don't like. When asked why the many sanctions didn't do the jobs they are supposed to do, apparently "...all sanctions take time to show their effectiveness". Well, two years and counting, do we have 10 years to see the impacts of sanctions on Russia? Then he carried on his negative spin, claiming that Russia is selling oil and gas to China and India, and they are the main buyers. Everyone knows except this "Russian Expert" that India has been racking in the money by refining Russian oil, and selling it to...wait for it...the very countries which imposed the sanctions. Such is the irony. Put in simple term, these countries are breaking their own sanctions. According to the global cop, USA, anyone who breaks the sanctions wold be punished. But wait...there are more surprises...the global cop also breaks its own sanctions as well. Here is some interesting fact from PBS.... ***Between January and September of this year,, Global Witness found, between the U.S. imported 30 million barrels of fuel from refineries running on Russian oil. In total, that crude arrived in at least 13 cities in seven states.*** So while I admire the steadfastness of the "Russian Expert" who won't deviate from negative spins, facts are hard to dispel. Is this "Russian expert" on the White House payroll?
DW can't bring themselves to admit that Russia's economy is outperforming all of Europe, and contrary to the DW "expert" these statistics are issued by the International Monetary Fund. Lastly, 163 nations attended the event, not just Afghanistan and Zimbabwe, lol.
He is not a liar, Russia publishes the data officially that shows inflation is at almost 10% and rates are 18% so how is that a lie? It is official data. Russia is right now at the crossing point, it is very rare that you go over 10% inflation and come down, it is usually on the path to 20% inflation. But we will see. If Russia ends the war soon that will stop inflation but if not, then there is no way to go where it is going.
Hes not Russian analyst he is a Russian haters. 140 countries attented out of 190 countries, thats huge numbers. This showed the west is pretty much been isolated on their one bubble.
"the west is pretty much been isolated on their one bubble" - china - US foreign trade is around 660 billion USD / year, the rest of the West another 1000 billion... and these two figures added are about the total GDP of russia... the West would be isolated??? WTF??? the West does not want russia to be destroyed as it would be just 1 word: say china to STOP supporting russia in any ways or the Western sanctions will be imposed also on china... china would STOP the support next day and russia with putler is over...
@@olivergarcia2304 Too bad that it was India's foreign minister who said that. Not Ivan. But the poor western racist thinks that only euro-americans exist in the world.
Brother Russia has been in a perpetual budget deficit since the start of the war. This information is literally published by the Russian Ministry of Finance.
@@Avatar_2025 Please take an economics class. Every country is in a unique position and cannot be comparable one-to-one. Russia is not able to borrow money on international markets, so it has to sell its financial reserves to cover its deficit. Countries like the US can sustain a budget deficit because the dollar is strong. Most dollars are circulated outside of the US. The dollar is so strong that many countries with dollar-denominated debts struggle to pay them back.
To put things in perspective and to get the trends... Russia's budget deficit was 2.3% in 2022. It was 1.9% in 2023. The current published prediction is 0.9% for the end of 2024 based on data from the 6 months so far. (The United States budget deficit was 5.4% in 2022 and was 6.3% in 2023)
Because he knows, that he is on the losing side, and he can't reconcile himself, the same like Uncle Sam, and all western Europe, that Russia is five times bigger, than all the European countries put together, is sitting on huge riches in the form of oil, gas, uranium and all kinds other natural resources, and proved impossible to be defeated and robbed of her riches.
USA national bank because they can. Russia economy is not close to be the USA economy. They can’t do same and expect the same results. Why do you think that Putler was begging Xi the Poo to finance the gas pipeline? Because they are broke 😂
@@Someperson- it works because the US forces its proxies to buy all of that debt, like Japan does. Japan exchanges the sweat of their brow for US treasury bonds, because there is a promise that tomorrow it will pay off. A promise. It is a pyramid scheme. Buy this pencil for $1000, I promise you tomorrow it will cost $2000. Ok, what happens when it no longer does? Bankruptcy happens. No pensions happens.
When western industries pulled out of Russia, local businesses came in and filled the void. Russia is now producing what it needs and no longer relying on imports as much as they used to. Russia's growth driver is now it's manufacturing and industries, not commodities. Also, Russian money previously kept abroad has started to be repatriated because of fear of confiscation. Western arrogance will really be its undoing. Same way they looked down on China all these years only for them to be surpassed. Keep up the same energy and let's see how you will be in 20 years.
@@FunkySpaceLord I thought Russia's economy already coIIapsed? I thought they were fighing with shovels and using microchips from washign mashines? I thought they run out of missiIes long ago? What's going on, didn't experts confirmed this already? What is the point or value what russian b o t s said now, is that new argument?
Russia must ADMIT: Putin sends braindead robots out on the internet to try hard to convince people that Russia is the best and entitled to their map of 1863. Europe doesn't need Russia at all. That is why Russia's economy is based on lies.
Twist and turn, round and round but never accept reality of your mistakes and start doubling down on failed policies one after the other. That is the new U.S foreign policy and of course Europe too. Sanctions have worked so good that zelensky is kidnapping people from the streets to send to the front lines...WOW
A pariah state able to mobilize 130 countries for an economic forum? 😂😂😂 West has failed. Please seek peace and save Ukraine. Russia would not be defeated.
Last year, the EU approved 12 sanction packages against Russia and the Russian economy grew 3%. Meanwhile, the German economy is in "tatters". The EU sanctioned itself.
Firstly, he claims that they are just printing money, then he says that they are selling oil and gas to get the money. So which one is it? The man is confused and he is also trying to share the confusion.
.because even USA with almost 33 trillion debt exceeded the debt ceiling prints money..plain common sense coming from the analyst,, must interview someone more intellect than him.
He is right.Nobody but Putin benefited from this, so at least rumors could be spread because the shutdown of the pipeline wasn't enough and didn't bother anyone.
If you deplete your national welfare fund you can keep up the clown show for some years. We know what they trying to do and we know they will fail like the Sovjetunion
… as seen last winter when the district heating burst in multiple towns, when eggs were unaffordable and just recently when dams broke due to negligence. Yes, they are doing really well for themselves.
The GDP number are heavily influenced by heavy military purchases done by the Russian state... the real economy is probably not doing so well to put it mildly.
DW-2022: The Russian economy will die under Western sanctions DW-2023: The Russian economy is growing faster than the European economy DW-2024: What's behind Russia's booming economy?
Nope ..all these UK, USA, Russian Germany, France are friends in one pot ...this war was planned, everyone makes money everyone is happy Same as Syria, Afghanistan etc all planned
Noone even had Russia in their mind. Russia is currently begging for help everywhere. Of course you will counter that with zelensky begging, but zelensky isn't the almighty Putin is he, it's only logical zelensky needs to beg. Now, why does Putin need to beg? ;)
Мы в России так ждали эти санкции, т.к надоело лицемерие США, Германии, британии и прочих которые за центы покупали наши ресурсы, продовольствие и энергию!!! С нас хватит! Мы - Россия будем идти вперёд без обременения в виде Европы! Нам надоело! Слава богу Европа ввела санкции и развязала нам руки! И самое главное европа показала свое истинное лицо- страшное, голодное и завистливое лицо!
Eu and usa alongwith Ukraine are heading for major economic disaster and russia will keep booming 90% of asia and90% of Africa continent is with russia to support their economy
😅😅😅как же вас раздражает развитие России!!! США и Британия привыкли жить за счет других стран - это продовольствие, древесина, нефть , газ и другие ресурсы! Но теперь ХВАТИТ нас обирать!!!
Боже, как хорошо, что твой недруг в тебе ошибается, значит он ничего не знает и это только на руку России. Россия была, есть и будет!!! Стройте козни и настраивайте против Росси всех, это приведет только к одному, все будут русскими ❤️ 🇷🇺
What is behind Russia's economy is Germany economy fall out😂. German Government prefers sacrificing its people interest to defend Nazism again: Ukraine. Always on the wrong side of history
U started doing so many shows projecting india in badllight just before elections ur agenda has been defeated and our prime minister is taking oath tomorrow😂tell ur masters that india would be overtaking germany 🇩🇪 by end of this year as 4 th largest gdp.
Mr Eggert is wrong and needs fact check Russias two way trade with China is 295 billions Trade with India is 65 billion it was 5 billion Africa and bricks countries are trading with Russia Now so many countries attending st Petersburg forum Mr Eggert is deluded Each small country contributes to Russian economy Russian economy is booming exports to Africa and Asia increasing
I mean come on, you put a British guy on TV and he start with a which sounds like sanctions on Russia is recent it’s 3 years now You gotta get some neutral guy with real picture, Russian growth this year is close to 6%.
De-dollarized and doing fine. That's really hard for them to stomach! And all those countless sanctions not only proved useless, but they backfired on them.
Igor Lipsits (RU expert economist) the other day said: “I’m observing a stunning picture of the suicide of the Russian economy.” He also said that there is "no reverse", and that "it is scary to watch but very fascinating to follow".
Switching to Asia would save Russia a great deal of cost. This is because outsourcing to Asia is always cost saving and thus productivity. She can live without the EU and Anglo-Saxon for a very long long time.
GDP of russia: 2 000 billion USD; GDP of the West: 60 000 billion USD... let's say both produce 20 billion USD worth of weapons, that's 1% GDP growth for russia, 0,03% GDP growth for the West...
@@gaborszabo3110 Don't tell him, his Indian brain might actually explode from such concept, he probably doesn't even know the difference is that big...
@@standad7541 GDP of India is about 5 000 billion USD, 2,5 times bigger than russia (population of India 10 times bigger than russia), and about 3% of the West with about the same population... maybe he should go and work to make some GDP... and India could side with the West because money will come from there, not from wrecked and sinking russia
@@gaborszabo3110 It's funny how some feel so superior and entitled. Make fun of Indian commenters all you like but mark my words the West and good old Europe are going down, India Russia and the East going up. And I say that as a European myself. If you understand German one piece of advise: Hochmut kommt vor dem Fall.
The West is locked in its own bubble. Blinded by arrogance, it does not see what is happening in the real world. In important parts of the world, a young population is waking up and that young population no longer wants to walk hand in hand with the West.
If anyone believes sanctions was going to stop their economy, then take Economics 101 again. Sanctions hamper growth in specific ways which have their own effects
@@pjhgerlachokay does the sanctions on Nvidia chips hamper growth if you need Nvidia chips to grow your economy? But can't an economy continue to grow without the need of Nvidia chips?
@@tophat593 You might as well have a cigarette with your beer & popcorn, It'll be the last you'll ever have in the event of an open confrontation between Russia and NATO..
Good for Russia and good for the world. The only ones really hurting are the Euro countries who are paying higher prices for energy. Deindustrialization of Europe is the price of supporting American hegemony.
I gave one of my kids a stuffed animal and the other 1000 euros and asked them to play a game where one buys the toy for the money and then after half an hour sells it back. They have been playing this game for a month now and I'm happy to inform that this game has contributed already 10 000 000 euros for the GDP...
I think Russia will get into crisis in subsequent years, even kremlin's spokesman talked about it. But this expert should chill down and not mistake his wishful thinking for rational conclusion.
well, war create demand for labors, machine, and profit. it drives the economy. that's why America needed it to boost their economy. However, it also consume an enormous resource. country with resource will just help them. countries with no resource is pretty dead it started to consume themselves into extinction.
Maybe somebody will be surprised but I'll tell you the truth Leroy Merlin, Auchan, Raiffeisen Bank, McDonald's KFC, NYP, Burger King, Apple, Intel, Microsoft, Obi, PG, Orbit all of them and more still work in Russia
Gas prices in Germany are only 10% higher than before the start of the war. The cost of living increase has mainly resulted from the post-pandemic supply chain issues.
@@JeffPar50 What kind of economy is it that, after 3 years, it cannot establish supply chains?🤣 In half a year, Russia has established the supply of all sanctioned goods through third countries
@@JeffPar50 why has it been so difficult to replace Russian gas with American and Norwegian? And why didn't Germany's government take that into consideration before deciding to sanction Russia? The govt is extremely irresponsible.
A war economy? You mean like the one that pulled the US out of the Great Depression and made it the dominant economic power in the world. Is that what you mean Konstantin?
the USA did not get destroyed in the process
@@guylancaster2055 Neither is Russia, so what's your point
@@MrZlocktar cope more, Z-man…. how many Russski oil refineries hit?
@@guylancaster2055 Mentioning of oil refineries under a video about Russian booming economy is really anecdotal. Tell me about cope while Russia has entered #4 spot in global economy this year surpassing Germany last year and Japan this year.
@@MrZlocktar how do the Russian pensioners enjoy eating tanks?.........not that they deserve any better
The west said Russia is issolated but 130 countries will prove them wrong😂
Only two countries have recognised the puppet Russian republics in occupied Ukrainian territory. Syria and North Korea. Tell you something?
Russia is isolated by the free world!,,
@Booz2020 Africa has 55 countries and most of them like Mauritius, Kenya, Tanzania, Morocco, Sudan, Rwanda, Seychelles, Djibouti et al did not attend.
Russia is paying through the teeth to get goods through other nations. Since they are running risks by selling it
@@JohnNjengaCOCO Those are the countries who have yet to get rid of Western imperialism.
sounds like you guys just can't accept Russia doing anything well for themselves
Lol, because they aren't. At least not long-term anyway
As always in Russia, prosperity goes solely to the elites, the rest can at best dream to get a functional toilet.
I still remember the 'shovels and chips from washing machines'
How do you know?
Years back nobody knew china would be second largest economy.
They have a while bunch of economic analysis in their country, don't tell me you believe they don't know what they are doing?@@8bitmemorylane166
@8bitmemorylane166 yeah, in a billion years, Russia will be completely gone
This guy needs to come to terms with reality
AGREE 100%
Aint that the truth
When you talk economy, you should invite an expert of Economies not a person who possess just anger & his self wish and belief.
Yup, this guy is a joke
I second.
you cannot talk economy if you don't have the data and putin is of course lying about everything... not just about the GDP figures, also about how many russians have died in Ukraine... the latter is a bit more important... so what you hear in this conversation is an estimation and an opinion, all you can get when sy talks about russia these days
@@gaborszabo3110😂😂😂 yeah , putin is lying.. but this DW expert is telling the truths??😂😂😂 cope harder
@@gaborszabo3110denial is killing you
We still buy Russian Gas 😂😂😂 German news channel won't want to talk about that.
dat gas was sanctified with molecules of freedom when yankies resell it to eu.
But it’s through Belgium and Spain, so they claim it’s not through Russia.
Mental gymnastics at its finest.
Same as USA buys Russian gas and re-sells it to smaller countries like Lithuania ....if Lithuanian bought gas directly from Russia it will be three times cheaper ..so USA told.lithuania not to buy gas from Russia but buy from the USA....
The amount in the eu was reduced greatly , but is true, never heard nobody deny it.
I think everyone especially germany knows this is a security risk and should be 0%. Give it time.
Sanctions didnt fail. It ruined the economy... of Germany😂
Have you seen germans to crush their furniture in the streets to warm themselves up the past winter, like in your neighborhood? Or their houses floating in a river due to a dam collapse? 😂😂
@@12zaf1I see Germans having to use the credit cards to pay their heating hills while struggling with their gas and energy costs
German industries moving their operations from Germany because production is too expensive and the German economy going into recession while the Russian economy grows
I just got a new BMW, so somebody must be still making cars in ruined Germany 😀😀😀... how is russia??? are there any cars produced besides those special ones (that we like to call tanks)??? of course not... russia is on a track of collapse worse than in 1991 after su, when putler out, they will think of the 90s with nostalgia as the golden era of russia...
@@gaborszabo3110 the chances are your BWM was manufactured in China where that Cheap Russia oil and gas is now flowing to instead or Germany.
Many German cars are manufactured in Germany.
German manufacturers are quickly moving out of Germany because it's too expensive to manufacture there.
@@gaborszabo3110 in russia exist certain stereotype of bmw owners, which I can't describe here without get banned.
130 countries attending SPIEF 2024 have no problems with Russia.
Not the biggest economies
@@FunkySpaceLord who cares afterall its still more than half of the world its significant
@@johnskamara1281 Switzerland Norway Germany the Netherlands Sweeden
@FunkySpaceLord Norway may be small and rich country china is an economic superpower even ahead of USA😂😂
@@karrole88 Annual income :
China 12,850 $
Norway 94,540 $
USA. 76,770 $
Russia will find a way to survive without europe...so they have to deal with that fact. The world consists of arab countries, asian countries, african countries, south american countries...so europe should stop over playing it's importance.
yeah Einstein, Russia will import high tech from arab countries, Asian countries, African countries, south American countries...
@@snowy7236 What high tech was made in EU? All produced in Asia.
@@philippshevliagin9945 Asia provides provides cheap labour. West provides actual tech.
@@snowy7236the most tech country actually is china, so no logic in your argument, china has cameras in all the cities of their country , the best internet and best drones, we are not in 1980 dude.
@@snowy7236 The high tech is already in Asia dude. Welcome to the XXI century.
It's because Russia and Putin was well prepared. If The West was Wise they would have invited Russia into the European Union and into The West Club.
God, you're full of it!
They did. It was called nordstream. Russia decided their fate.
@@Someperson- They refused, they even blew the nordstream, they also refused Russia to join NATO,
Why mention "Afghanistan and Zimbabwe" out of the 128 other confirmed nations in attendance...???
The whole alphabet visited the forum ;-)
From A to Z in a nutshell
DW, some advice : if you want to be taken seriously as an information channel, don't have a visibly angry Russophobe with a track record of being wrong in his 'analysis' as your "expert correspondent".
He's correct though? Sounds like you're a bot
@@jacobrandall4891 He's both angry and incorrect, you CIA shill
You have 5 subscribers, no content, and automatically accuse everyone of being a bot. So who's actually the 'bot' here?
@@horrornovelreviews8358 You are accusing publicly being wrong without giving proof. Cry harder.
He is not an expert but a dw reporter labeled as expert
You can feel his anger
maybe his morning milk soup with herring doesn't end well that day?
More like his frustration
seething direct from Vilnius Latvia lmao
I’d be angry too if I had to live anywhere near russia
@@Kodakcompactdisc but why? they chose to live outside by themselves.
From Afghanistan to Zimbabwe. Must you mention that 😂. Why not say from China to South Africa or Brazil
Doing their best to put a negative dent on an otherwise good news
They just wanted to show how only poor countries attended. India, Brazil, Saudi Arabia, UAE, Turkey also attended but...
Because the alphabet goes from A to Z.
😂
Zimbabwe is my country we ve been living with sanctions since I were born.
It is a real pity that the supposedly "Russian expert" is doing what John Kirby and Blinking are good at, negative spin for the county they don't like.
When asked why the many sanctions didn't do the jobs they are supposed to do, apparently "...all sanctions take time to show their effectiveness". Well, two years and counting, do we have 10 years to see the impacts of sanctions on Russia?
Then he carried on his negative spin, claiming that Russia is selling oil and gas to China and India, and they are the main buyers. Everyone knows except this "Russian Expert" that India has been racking in the money by refining Russian oil, and selling it to...wait for it...the very countries which imposed the sanctions. Such is the irony. Put in simple term, these countries are breaking their own sanctions. According to the global cop, USA, anyone who breaks the sanctions wold be punished. But wait...there are more surprises...the global cop also breaks its own sanctions as well.
Here is some interesting fact from PBS....
***Between January and September of this year,, Global Witness found, between the U.S. imported 30 million barrels of fuel from refineries running on Russian oil. In total, that crude arrived in at least 13 cities in seven states.***
So while I admire the steadfastness of the "Russian Expert" who won't deviate from negative spins, facts are hard to dispel. Is this "Russian expert" on the White House payroll?
Russian economy is getting decimated as we speak.
I can feel your heart, you really poured in a lot 👍
@@davidlusale1710 Speaking the truth worth the troubles😀.
When you get an expert from Craigslist
😂😂😂😂
DW never ever bring that liar in your studio again
DW can't bring themselves to admit that Russia's economy is outperforming all of Europe, and contrary to the DW "expert" these statistics are issued by the International Monetary Fund. Lastly, 163 nations attended the event, not just Afghanistan and Zimbabwe, lol.
He is not a liar, Russia publishes the data officially that shows inflation is at almost 10% and rates are 18% so how is that a lie? It is official data. Russia is right now at the crossing point, it is very rare that you go over 10% inflation and come down, it is usually on the path to 20% inflation. But we will see. If Russia ends the war soon that will stop inflation but if not, then there is no way to go where it is going.
Hes not Russian analyst he is a Russian haters. 140 countries attented out of 190 countries, thats huge numbers. This showed the west is pretty much been isolated on their one bubble.
@3000HellfireMissiles See SPIEF 2024.
@3000HellfireMissiles Go to Menu and see Venue Map.
"the west is pretty much been isolated on their one bubble" - china - US foreign trade is around 660 billion USD / year, the rest of the West another 1000 billion... and these two figures added are about the total GDP of russia... the West would be isolated??? WTF??? the West does not want russia to be destroyed as it would be just 1 word: say china to STOP supporting russia in any ways or the Western sanctions will be imposed also on china... china would STOP the support next day and russia with putler is over...
@3000HellfireMissiles Go to menu and see map or wait for the analytics of this years event. It usually comes out a few days after the event.
It's economic forum for investors. Not political summit. How many world corporations attended this forum? Zero? That's the answer.
Europe problems is world problems
But world problems is not Europe problems 😂😂😂
Yes Ivan... indeed.... keep crying Ivan. Putin is proud of you!
@@olivergarcia2304stop bickering on RUclips & go figure which bathroom to use instead, Karen 😂
It's the other way around, Europe is too focused on problems outside of Europe.
@@olivergarcia2304 Too bad that it was India's foreign minister who said that. Not Ivan. But the poor western racist thinks that only euro-americans exist in the world.
@@olivergarcia2304 keep coping nafo bot ukraine is whining 🤗
Russia is printing money and Russia is selling oil and gas, see contradiction with this speaker.
You need to print money to convert foreign sales to rubles.
Brother Russia has been in a perpetual budget deficit since the start of the war. This information is literally published by the Russian Ministry of Finance.
@@JeffPar50 Every country is on budget deficit even those not at war.
@@Avatar_2025 Please take an economics class. Every country is in a unique position and cannot be comparable one-to-one. Russia is not able to borrow money on international markets, so it has to sell its financial reserves to cover its deficit. Countries like the US can sustain a budget deficit because the dollar is strong. Most dollars are circulated outside of the US. The dollar is so strong that many countries with dollar-denominated debts struggle to pay them back.
To put things in perspective and to get the trends...
Russia's budget deficit was 2.3% in 2022. It was 1.9% in 2023. The current published prediction is 0.9% for the end of 2024 based on data from the 6 months so far.
(The United States budget deficit was 5.4% in 2022 and was 6.3% in 2023)
Meanwhile, USA keep printing money to pay off interest of its $35 trillion national debt with no end in sight when it will end😂😂😂
Hence its warning everyone to use dollars or else….😅
@@himiehonor1196 world is already ditching the dollar
@@Proxima928 I do not support the dollar, read my contribution carefully!
Is this an analyst or a propagandist!!! And why is he angry😂😂😂
He's not angry Hassan. You are.
Why is this man so angry he’s taken it personal
🤣
He predicted they will collapse in 2022. So, it’s personal to him😅
@@El_Al14 A lithuanian Gordon Chang?
Afgan to Zimbabwe 😂😂😂
I never heard this kind of thing anywhere😂
From A to Z
😂😂😂 nice one
This was said on purpose to get a mocking response from the audience.
The western media pinches even when they praise. So biased.
Hippocrates 😂
It is in alphabet order! 😂
Why is he upset? He seems angry😂
Because he knows, that he is on the losing side, and he can't reconcile himself,
the same like Uncle Sam, and all western Europe, that Russia is five times bigger,
than all the European countries put together, is sitting on huge riches in the form
of oil, gas, uranium and all kinds other natural resources, and proved impossible
to be defeated and robbed of her riches.
He's not angry. You misinterpret the simplest of things.
He's angry because it's his country feeling the sanctions 😂😂
@@rastayute3970 You obviously mean Putin. Yeah, he was pretty mad when he invited western reporters to scream at them. What a weakling!
@@olivergarcia2304 😂😂 lol, He's coping hard, The sanctions failed miserably buddy
US prints trillions of dollars. US debt climbed to 35 trillions. What are these two people talking about? Shame on you guys
USA national bank because they can. Russia economy is not close to be the USA economy. They can’t do same and expect the same results. Why do you think that Putler was begging Xi the Poo to finance the gas pipeline? Because they are broke 😂
I comment the same :)
Printing money only works out if you have and provide value.
@@Someperson- it works because the US forces its proxies to buy all of that debt, like Japan does. Japan exchanges the sweat of their brow for US treasury bonds, because there is a promise that tomorrow it will pay off. A promise. It is a pyramid scheme. Buy this pencil for $1000, I promise you tomorrow it will cost $2000. Ok, what happens when it no longer does? Bankruptcy happens. No pensions happens.
When western industries pulled out of Russia, local businesses came in and filled the void. Russia is now producing what it needs and no longer relying on imports as much as they used to. Russia's growth driver is now it's manufacturing and industries, not commodities. Also, Russian money previously kept abroad has started to be repatriated because of fear of confiscation. Western arrogance will really be its undoing. Same way they looked down on China all these years only for them to be surpassed. Keep up the same energy and let's see how you will be in 20 years.
Sanctions works for the West😂😂😂😂
Konstantin is a Jealous Nobrainer.
Russia's economy is producing thousands of shovels, hence their economy is booming.
hypersonic shovels, anti air shovels, shahed shovels. by the millions.
@@mgronich948 The Shahed shovels are imported from Iran.
And washing machines too.
@@hermesliteratus882 No, they steal those from the Ukrainian landfields and take the microchips from them, dont you know that? 😁
@@mindxplode2216DAWG LMAO guys this jokes is best, I can't stop laugh is so funny XD
Germany must ADMIT: the sanctions hurts more to Europe than to Russia.
Europe can't even stop buying Russia oil using India 😂😂😂
Yeah That why russian bots never complain about sanctions 😂😂😂😂
@@FunkySpaceLord I thought Russia's economy already coIIapsed? I thought they were fighing with shovels and using microchips from washign mashines? I thought they run out of missiIes long ago? What's going on, didn't experts confirmed this already?
What is the point or value what russian b o t s said now, is that new argument?
Russia must ADMIT: Putin sends braindead robots out on the internet to try hard to convince people that Russia is the best and entitled to their map of 1863.
Europe doesn't need Russia at all. That is why Russia's economy is based on lies.
Its indian oil 🛢️, refined by India
Russia must ADMIT: Their economy is based on lies.
Endless coping😂
True😂
They even try to label SPIEF as the "Russian Davos" it's hilarious!
Twist and turn, round and round but never accept reality of your mistakes and start doubling down on failed policies one after the other. That is the new U.S foreign policy and of course Europe too. Sanctions have worked so good that zelensky is kidnapping people from the streets to send to the front lines...WOW
Yep, endless Russian cope-cages... but they're useless :)
@@olivergarcia2304 Why are you "mad" ?
A pariah state able to mobilize 130 countries for an economic forum? 😂😂😂
West has failed. Please seek peace and save Ukraine. Russia would not be defeated.
Give Putin what he wants. When he has Donbas he will be satisfied and all is good and peaceful again. Just when he got Crimea, Да?
@@uzul42 Crimea had a referendum in 1991, remind me what was the outcome again? was it implemented?
Yes it was to be Ukrainian@@throughput6674
Last year, the EU approved 12 sanction packages against Russia and the Russian economy grew 3%. Meanwhile, the German economy is in "tatters". The EU sanctioned itself.
Really? Russia is lying, as usual. Haven't you learnt this yet?
Just wait maldie baldie, sanctions are like wine.
Firstly, he claims that they are just printing money, then he says that they are selling oil and gas to get the money. So which one is it? The man is confused and he is also trying to share the confusion.
Have you ever heard that two things can be true at the same time?
Are you a special kind of dunce?
He said they are selling oil and printing money, both are true.
Even a 5 year old can understand this.
@@hape3862 I heard that non of the things could be true as well
@@PlanetWalking-qd8gv Your parents must be proud of you!
.because even USA with almost 33 trillion debt exceeded the debt ceiling prints money..plain common sense coming from the analyst,, must interview someone more intellect than him.
Is that thesame guy who said that north pipes were blown up by Russia ?
He is right.Nobody but Putin benefited from this, so at least rumors could be spread because the shutdown of the pipeline wasn't enough and didn't bother anyone.
😂😂😂😂😂
They were. Putler lit the fuse
For people fighting with "spades and shovels", they are doing really well for themselves.
If you deplete your national welfare fund you can keep up the clown show for some years. We know what they trying to do and we know they will fail like the Sovjetunion
… as seen last winter when the district heating burst in multiple towns, when eggs were unaffordable and just recently when dams broke due to negligence. Yes, they are doing really well for themselves.
The GDP number are heavily influenced by heavy military purchases done by the Russian state... the real economy is probably not doing so well to put it mildly.
DW-2022: The Russian economy will die under Western sanctions
DW-2023: The Russian economy is growing faster than the European economy
DW-2024: What's behind Russia's booming economy?
What's behind Russia's booming economy?
Answer: Russian shovels simple.
The globalists wanted to make a fool out of Russia. But instead, the globalists ended up making fools of themselves. Let that be a lesson
Nope ..all these UK, USA, Russian Germany, France are friends in one pot ...this war was planned, everyone makes money everyone is happy
Same as Syria, Afghanistan etc all planned
Putin made a fool of Russia. Just look at the turtle tanks …
Youre bald
@@standad7541 I'm sure you're something too
Noone even had Russia in their mind. Russia is currently begging for help everywhere. Of course you will counter that with zelensky begging, but zelensky isn't the almighty Putin is he, it's only logical zelensky needs to beg. Now, why does Putin need to beg? ;)
This journalist is clearly a hater of Russia and detached from reality 😂😂
I would do better than this so called expert .....Have danctions failed against russia Yes or No . What a clown of a propagandist 😂
You people should leave Russia alone
Мы в России так ждали эти санкции, т.к надоело лицемерие США, Германии, британии и прочих которые за центы покупали наши ресурсы, продовольствие и энергию!!! С нас хватит! Мы - Россия будем идти вперёд без обременения в виде Европы! Нам надоело! Слава богу Европа ввела санкции и развязала нам руки! И самое главное европа показала свое истинное лицо- страшное, голодное и завистливое лицо!
Eu and usa alongwith Ukraine are heading for major economic disaster and russia will keep booming 90% of asia and90% of Africa continent is with russia to support their economy
😅😅😅как же вас раздражает развитие России!!! США и Британия привыкли жить за счет других стран - это продовольствие, древесина, нефть , газ и другие ресурсы! Но теперь ХВАТИТ нас обирать!!!
Боже, как хорошо, что твой недруг в тебе ошибается, значит он ничего не знает и это только на руку России.
Россия была, есть и будет!!!
Стройте козни и настраивайте против Росси всех, это приведет только к одному, все будут русскими ❤️ 🇷🇺
BRICS is self sufficient, they don't need to trade with the G7 at all.
LMFAO
LOL and the two biggest economies in BRICS hate each other and depend on trade with the G7.
Then stop selling to G7.
brics is just a forum where some leaders can have their photo taken. It's not an alliance or a trade block.
@@nsevvchinas isnt selling most to g7 but developing countries instead nor sanctioned russia selling to G7 so lmao
The analyst is not objective and highly biased
This guy has very difficult to accept reality. He is in pain
What is behind Russia's economy is Germany economy fall out😂. German Government prefers sacrificing its people interest to defend Nazism again: Ukraine. Always on the wrong side of history
U started doing so many shows projecting india in badllight just before elections ur agenda has been defeated and our prime minister is taking oath tomorrow😂tell ur masters that india would be overtaking germany 🇩🇪 by end of this year as 4 th largest gdp.
Mr Eggert is wrong and needs fact check
Russias two way trade with China is
295 billions
Trade with India is 65 billion it was 5 billion
Africa and bricks countries are trading with Russia
Now so many countries attending st Petersburg forum
Mr Eggert is deluded
Each small country contributes to Russian economy
Russian economy is booming exports to Africa and Asia increasing
Tipical western media
Yeah, you prefer getting brainwashed by Russian truth-media 🤣🤣😂😂
@@olivergarcia2304 lol, DW , CNN, BBC ??
@@abdirahmanahmadalifarah926 English difficult today? abdirahmanahmadalifarah, lol.
Russian truth-media. Don't know what that is?
@@abdirahmanahmadalifarah926 Are these the channels you invade with your lies abdirahmanahmadalifarah???
You spelled "typical" incorrectly. 😂
He stypid?
Are you a Mong? The Golden Horde never really dissapeared huh? You Mongs even type like the orcs... =D
@@standad7541 Lol Cry harder Baizuo. 🤡💩
"If every worker was staffed in the Army and fleet, we'd have full employment - and nothing to eat."
Army could have farmers corps
Already has engineers
Uh? People doing to front only for money we not like Ukraine and we didn't another wave of mobolization
This guy don't know that this forum is being held for the XXVII time, this St. Petersburg International Economic Forum
The frustration and anger in Mr eggerts voice
Europeans are getting less relevant now
Are you typing this from India? Haha, okay buddy, enjoy your numbar wan economy. :DD
@@standad7541
Nope
Cab driver level expert. Where did you find him? 😂😂😂
Give me a break. Russia's overall economy is not growing. We all know both China and Russia never tell the truth about their financial state.
Why is this man so angry 😢?
?? Inflation rate in Russia is 7% same as average EU?? What are you talking about
Russia doing well is like a snake eating itself. Hey, it's eating well!
The snake eating Ukraine and the West.
Cope
Keep telling yourself that 🤣
Have sanctions failed.?
What CLOWNS.!
😂😂😂😂😂😂😂😂😂😂😂
So in your opinion russia should thank and ask west for more sanctions since it helps russia economy grow rapidly. Russia should just sanction itself.
So russia should thank and ask west for more sanctions since it helps russia economy grow rapidly. Russia should just sanction itself.
But this is clear and obvious dear Mr.Nsevv.
What clowns.!
🤣
This guy is on something before coming to the interview
Try russian state tv once just once please 😂
Vladimir putin is the leader of the multipolar world ❤🎉
As I said years ago to you westerners, mother Russia is Immortal, impossible to be destroyed, no matter how much you would like it.
O really? Just wait and see
Nothing is immortal.
Biased expert , chewing before speaking
I mean come on, you put a British guy on TV and he start with a which sounds like sanctions on Russia is recent it’s 3 years now
You gotta get some neutral guy with real picture, Russian growth this year is close to 6%.
Ahhh...
OH.....
Hmmmm...
Bla bla bla...
Baltic state nonsense.
He's right. That "forum" is nothing more than a show. A kind of nonsense to pretend that they're doing "fine".
Analyst? NO, this guy is a propogandalist.
U CNT HIDE THE TRUTH
That’s because Russia has de-dollarized
Rubble has no value to any rate money exchange!,,
De-dollarized and doing fine. That's really hard for them to stomach!
And all those countless sanctions not only proved useless, but they
backfired on them.
Everytime they hear that they shake 🤣and send more aid
@@lettheflamestakeover7374 LET THE FLAMES TAKE OVER 😔
@@MickZorro more like doing better
Igor Lipsits (RU expert economist) the other day said: “I’m observing a stunning picture of the suicide of the Russian economy.” He also said that there is "no reverse", and that "it is scary to watch but very fascinating to follow".
Who cares what they think,,,,, the World has moved on.... Go figure!!!!!
DW keep a way from putin money you Germany it in so bad shape stop talk about other
economy and you going down every day
Cooked books is what is behind it
Switching to Asia would save Russia a great deal of cost. This is because outsourcing to Asia is always cost saving and thus productivity. She can live without the EU and Anglo-Saxon for a very long long time.
even putin is becoming younger and younger..
Europe and USA trying hard to supply equipment to Ukraine still their war economy growth is low? 😅😅
Someday RUclips will have to lock in and get rid of these obvious Russian bots
GDP of russia: 2 000 billion USD; GDP of the West: 60 000 billion USD... let's say both produce 20 billion USD worth of weapons, that's 1% GDP growth for russia, 0,03% GDP growth for the West...
@@gaborszabo3110 Don't tell him, his Indian brain might actually explode from such concept, he probably doesn't even know the difference is that big...
@@standad7541 GDP of India is about 5 000 billion USD, 2,5 times bigger than russia (population of India 10 times bigger than russia), and about 3% of the West with about the same population... maybe he should go and work to make some GDP... and India could side with the West because money will come from there, not from wrecked and sinking russia
@@gaborszabo3110 It's funny how some feel so superior and entitled. Make fun of Indian commenters all you like but mark my words the West and good old Europe are going down, India Russia and the East going up. And I say that as a European myself. If you understand German one piece of advise: Hochmut kommt vor dem Fall.
Gosh, this "expert" got his expertise from CNN and WP headlines. What a waste. I suggest DW reads once the comments section and hire a proper analyst.
the cards have slowly begun to open, and it is becoming increasingly clear that a new hegemony is the future of this planet called brics.
The West is locked in its own bubble. Blinded by arrogance, it does not see what is happening in the real world. In important parts of the world, a young population is waking up and that young population no longer wants to walk hand in hand with the West.
Long live Russia
If anyone believes sanctions was going to stop their economy, then take Economics 101 again. Sanctions hamper growth in specific ways which have their own effects
I would advice you to think again.
@@pjhgerlach Again ? As if he was even able to in the first place...
Sancions have long term impacts on the economy, so they are useful. Russia will be more vulnerable to China.
@@pjhgerlachokay does the sanctions on Nvidia chips hamper growth if you need Nvidia chips to grow your economy? But can't an economy continue to grow without the need of Nvidia chips?
@@andraskleistenes8586 Imagine hoping that China will bring Russia down in a distant future... That's hopium 101, lol
Sanctions back fired God Bless Russia 🇷🇺
From Afghanistan to zimbabwe.....😂 😂 Haters got hate...
yeah.....way too much COPING for my taste
Russo phobia
A phobia is a fear. Nobody is scared to Russia. We've seen their military.
@@tophat593and you don't want none of it, captain couch potato
@@fanamlawuli6761 Exactly, I'll be sat with popcorn and a nice cold beer if you ever provoke NATO.
@@tophat593 NATO is a weak lgbq army, morally corrupt officers, you have no chance against a real army, no one is scared of NATO
@@tophat593 You might as well have a cigarette with your beer & popcorn, It'll be the last you'll ever have in the event of an open confrontation between Russia and NATO..
Good for Russia and good for the world. The only ones really hurting are the Euro countries who are paying higher prices for energy. Deindustrialization of Europe is the price of supporting American hegemony.
I gave one of my kids a stuffed animal and the other 1000 euros and asked them to play a game where one buys the toy for the money and then after half an hour sells it back. They have been playing this game for a month now and I'm happy to inform that this game has contributed already 10 000 000 euros for the GDP...
Smart Analogy
I think Russia will get into crisis in subsequent years, even kremlin's spokesman talked about it. But this expert should chill down and not mistake his wishful thinking for rational conclusion.
This guy was farting through his teeth.
These folk are still in denial mode.
Russia is booming allright, but not in a good way LOL
well, war create demand for labors, machine, and profit. it drives the economy. that's why America needed it to boost their economy. However, it also consume an enormous resource. country with resource will just help them. countries with no resource is pretty dead it started to consume themselves into extinction.
@@AnhNguyen-hn9vjthere are no people No money and no technology just some depleting savings.
Don't forget that Putin has a Phd in economics.
The expertt should just answer "I dont know".
Maybe somebody will be surprised but I'll tell you the truth Leroy Merlin, Auchan, Raiffeisen Bank, McDonald's KFC, NYP, Burger King, Apple, Intel, Microsoft, Obi, PG, Orbit all of them and more still work in Russia
Oh no, if the company "Orbit" leaves, that's the end.🤣
@@Reash-i5e how you think russian fixing shovels?🤣
@@MountainDuude Russians have factories, unlike impoverished Ukraine🤫
How much has the cost of living of the average German increased and at what price do we buy gas?
Gas prices in Germany are only 10% higher than before the start of the war. The cost of living increase has mainly resulted from the post-pandemic supply chain issues.
@@JeffPar50 What kind of economy is it that, after 3 years, it cannot establish supply chains?🤣 In half a year, Russia has established the supply of all sanctioned goods through third countries
@@JeffPar50 why has it been so difficult to replace Russian gas with American and Norwegian? And why didn't Germany's government take that into consideration before deciding to sanction Russia? The govt is extremely irresponsible.