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Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country

 
Anonymous Coward
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03/03/2023 06:15 PM
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Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
The oligarch Oleg Deripaska has said Russia could run out of money by next year unless the country secures investment from “friendly” countries as western sanctions bite.

Deripaska, an energy and metals tycoon who was once Russia’s richest person, told an investment conference in Siberia on Thursday: “There will be no money already next year. We will need foreign investors.”

Deripaska, who is subject to UK, US and EU sanctions over Russia’s invasion of Ukraine, said funds are running low and “that’s why they’ve [the Russian government] already begun to shake us down”

He said that Russia was suffering from “serious” pressure from western sanctions, and that the country and its businesses would have to look to other countries with “serious resources” to invest.

“We thought we were a European country,” said Deripaska, who is founder of Rusal, the biggest aluminium producer outside China. “Now, for the next 25 years, we will think more about our Asian past.”

It comes as the European ratings agency Scope warned that Russia’s budget deficit may rise to 3.5% of gross domestic product (GDP), compared with the government’s forecast of 2% of GDP. In 2022, the official shortfall came in at 2.3%.

Scope said this was due to lower revenues from oil and gas exports, as the west weaned itself off Russian energy. “Sanctions and the war are constraining Russia’s fiscal flexibility … due to lower energy export revenues, higher war-related spending and a steady decline in GDP,” it said.

The ratings agency said Russia’s huge spending on the war would harm its economy in the long term, because it was at the expense of investments in infrastructure, digitalisation, housing and environmental protection.

[link to www.theguardian.com (secure)]
Agent 99

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03/03/2023 06:17 PM

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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Not part of the Rothchild's bank. Nor is Iran, Cuba, North Korea, and Bolivia.
Anonymous Coward
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03/03/2023 06:19 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
so the traitor will be allowed to keep his assets and live in london or miami as long as he makes false statements in coordination with british and american intelligence.
Anonymous Coward
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03/03/2023 06:19 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Not part of the Rothchild's bank. Nor is Iran, Cuba, North Korea, and Bolivia.
 Quoting: Agent 99


part of the plan

before shift everyone needs to be in debt

same shit is happening in germany.. trying to force people to make unnecessary changes to car/heating/house solar/etc

it is all about debt relocation
Anonymous Coward
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03/03/2023 06:25 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
so the traitor will be allowed to keep his assets and live in london or miami as long as he makes false statements in coordination with british and american intelligence.
 Quoting: Anonymous Coward 84562364


ohyeah
Anonymous Coward
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03/03/2023 06:30 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
well of course it is war does that, but he should just do what the US does

Print more money backed by absolutely nothing.
Anonymous Coward
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03/03/2023 06:34 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Man I'm BANKING (pardon the pun) on this.
442

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03/03/2023 06:46 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Bullshit
Propaganda
Anonymous Coward
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03/03/2023 06:53 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Not part of the Rothchild's bank. Nor is Iran, Cuba, North Korea, and Bolivia.
 Quoting: Agent 99


part of the plan

before shift everyone needs to be in debt

same shit is happening in germany.. trying to force people to make unnecessary changes to car/heating/house solar/etc

it is all about debt relocation
 Quoting: Anonymous Coward 85375970


That’s it. That’s the explainer…regarding everything Russian, everything is going according to The Plan.

Trust The Plan.
Anonymous Coward
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03/03/2023 06:54 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Bullshit
Propaganda
 Quoting: 442


It’s what Deripaska said.

But maybe he should stay clear of open windows now.
Anonymous Coward
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03/03/2023 07:01 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Anonymous Coward
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03/03/2023 07:02 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
I don't believe that bullshit.
Anonymous Coward
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03/03/2023 07:04 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
So invest in Russia. Got it.
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03/03/2023 07:05 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
So Deripaska’s claim could be carefully crafted propaganda after all.

Mikhail Alexseev, a political science professor at San Diego State University said that Deripaska's comments should be taken into a larger context and may not at all express opposition to Russia's war.

"While [Deripaska] mentions several times that peace is needed to implement large-scale economic development programs for Siberia, not once does he explain what he means by 'peace,'" Alexseev said.

According to Alexseev, Putin's definition of peace "in Russia's politically correct discourse frame" translates to Ukraine ceding all territories Russia annexed; Ukraine changing its constitution never to join NATO; and Ukraine paying reparations for all war damage that was caused by Russian aggression.

"We are in the fog of war," Alexseev said. "Deripaska is a tight Putin crony. Speeches like that could well be part of the Kremlin's multi-prong push to fan wishful thinking in Europe and the U.S., that economic problems could undermine the Kremlin's war effort and therefore Ukraine doesn't need as much military support as it is asking for—or perhaps none at all."

He added: "The economy is starting to feel the strains, but it's a long way away from significantly factoring into the war strategy yet."

[link to www.newsweek.com (secure)]
Anonymous Coward
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03/03/2023 07:09 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
So invest in Russia. Got it.
 Quoting: Anonymous Coward 81136915


That’s what he is saying. Foreign direct investment has pretty much dried up.

See this chart:



Without that, all they can do is print money, sell their gold or make discounted gas deals.
Anonymous Coward
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03/03/2023 07:28 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Remember this guy?



He was on Deripaska’s payroll while he was spying for Russia.
Anonymous Coward
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03/03/2023 07:51 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
This is nonsense. The west have already proved you can just print money, Russia will do the same if it comes to it.
Anonymous Coward
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03/03/2023 07:54 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Remember Paul Manafort? He was also on Deripaska’s payroll, since 2005. Deripaska and Manafort worked together on a lobbying project in the US in 2006, and Deripaska signed a $10 million annual contract with Manafort for the deal, which Manafort said would "greatly benefit the Putin Government."



He even made a loan to Manafort for another $10 million.
Anonymous Coward
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03/03/2023 08:06 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
And Oleg owns Kentucky too after buying these guys:

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03/03/2023 08:09 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
so this really means Russia is now super-rich!!! turnips and lada cars for everybody!

5a5a5a
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
The oligarch Oleg Deripaska has said Russia could run out of money by next year unless the country secures investment from “friendly” countries as western sanctions bite.

Deripaska, an energy and metals tycoon who was once Russia’s richest person, told an investment conference in Siberia on Thursday: “There will be no money already next year. We will need foreign investors.”

Deripaska, who is subject to UK, US and EU sanctions over Russia’s invasion of Ukraine, said funds are running low and “that’s why they’ve [the Russian government] already begun to shake us down”

He said that Russia was suffering from “serious” pressure from western sanctions, and that the country and its businesses would have to look to other countries with “serious resources” to invest.

“We thought we were a European country,” said Deripaska, who is founder of Rusal, the biggest aluminium producer outside China. “Now, for the next 25 years, we will think more about our Asian past.”

It comes as the European ratings agency Scope warned that Russia’s budget deficit may rise to 3.5% of gross domestic product (GDP), compared with the government’s forecast of 2% of GDP. In 2022, the official shortfall came in at 2.3%.

Scope said this was due to lower revenues from oil and gas exports, as the west weaned itself off Russian energy. “Sanctions and the war are constraining Russia’s fiscal flexibility … due to lower energy export revenues, higher war-related spending and a steady decline in GDP,” it said.

The ratings agency said Russia’s huge spending on the war would harm its economy in the long term, because it was at the expense of investments in infrastructure, digitalisation, housing and environmental protection.

[link to www.theguardian.com (secure)]
 Quoting: Anonymous Coward 83366307


That was the plan since day 1, deplete Russia militarily and financially.

NATO did not want fight Russia and don't care if Ukraine wins or loses. The aim is to deplete not defeat Russia.

Dangerous game that is out of control and China is sitting back hoping the 2 sides deplete each other up and they can pick up the pieces and dominate all.

I fail to see who the good guys are in this war
Anonymous Coward
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03/03/2023 08:15 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
The oligarch Oleg Deripaska has said Russia could run out of money by next year unless the country secures investment from “friendly” countries as western sanctions bite.

Deripaska, an energy and metals tycoon who was once Russia’s richest person, told an investment conference in Siberia on Thursday: “There will be no money already next year. We will need foreign investors.”

Deripaska, who is subject to UK, US and EU sanctions over Russia’s invasion of Ukraine, said funds are running low and “that’s why they’ve [the Russian government] already begun to shake us down”

He said that Russia was suffering from “serious” pressure from western sanctions, and that the country and its businesses would have to look to other countries with “serious resources” to invest.

“We thought we were a European country,” said Deripaska, who is founder of Rusal, the biggest aluminium producer outside China. “Now, for the next 25 years, we will think more about our Asian past.”

It comes as the European ratings agency Scope warned that Russia’s budget deficit may rise to 3.5% of gross domestic product (GDP), compared with the government’s forecast of 2% of GDP. In 2022, the official shortfall came in at 2.3%.

Scope said this was due to lower revenues from oil and gas exports, as the west weaned itself off Russian energy. “Sanctions and the war are constraining Russia’s fiscal flexibility … due to lower energy export revenues, higher war-related spending and a steady decline in GDP,” it said.

The ratings agency said Russia’s huge spending on the war would harm its economy in the long term, because it was at the expense of investments in infrastructure, digitalisation, housing and environmental protection.

[link to www.theguardian.com (secure)]
 Quoting: Anonymous Coward 83366307


That was the plan since day 1, deplete Russia militarily and financially.

NATO did not want fight Russia and don't care if Ukraine wins or loses. The aim is to deplete not defeat Russia.

Dangerous game that is out of control and China is sitting back hoping the 2 sides deplete each other up and they can pick up the pieces and dominate all.

I fail to see who the good guys are in this war
 Quoting: Anonymous Coward 83452883


So that was The Plan and Putin got suckered into invading Ukraine and starting a war so it could happen?

But I was told that Vladimir Putin is a master strategist.
Anonymous Coward
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03/03/2023 08:15 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
That was the plan since day 1, deplete Russia militarily and financially.
 Quoting: Anonymous Coward 83452883


Russia Kremlin says everything is going according to plan, and that Russia is at war with NATO. Therefore President Putin planned for this to happen. He wanted it to happen, he planned for it to happen, he made it happen. Is President Putin actually a CIA sleeper agent destroying Russia from the inside? If so he is doing a great job!

putin
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
The oligarch Oleg Deripaska has said Russia could run out of money by next year unless the country secures investment from “friendly” countries as western sanctions bite.

Deripaska, an energy and metals tycoon who was once Russia’s richest person, told an investment conference in Siberia on Thursday: “There will be no money already next year. We will need foreign investors.”

Deripaska, who is subject to UK, US and EU sanctions over Russia’s invasion of Ukraine, said funds are running low and “that’s why they’ve [the Russian government] already begun to shake us down”

He said that Russia was suffering from “serious” pressure from western sanctions, and that the country and its businesses would have to look to other countries with “serious resources” to invest.

“We thought we were a European country,” said Deripaska, who is founder of Rusal, the biggest aluminium producer outside China. “Now, for the next 25 years, we will think more about our Asian past.”

It comes as the European ratings agency Scope warned that Russia’s budget deficit may rise to 3.5% of gross domestic product (GDP), compared with the government’s forecast of 2% of GDP. In 2022, the official shortfall came in at 2.3%.

Scope said this was due to lower revenues from oil and gas exports, as the west weaned itself off Russian energy. “Sanctions and the war are constraining Russia’s fiscal flexibility … due to lower energy export revenues, higher war-related spending and a steady decline in GDP,” it said.

The ratings agency said Russia’s huge spending on the war would harm its economy in the long term, because it was at the expense of investments in infrastructure, digitalisation, housing and environmental protection.

[link to www.theguardian.com (secure)]
 Quoting: Anonymous Coward 83366307


propoganda
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03/03/2023 08:26 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
The oligarch Oleg Deripaska has said Russia could run out of money by next year unless the country secures investment from “friendly” countries as western sanctions bite.

Deripaska, an energy and metals tycoon who was once Russia’s richest person, told an investment conference in Siberia on Thursday: “There will be no money already next year. We will need foreign investors.”

Deripaska, who is subject to UK, US and EU sanctions over Russia’s invasion of Ukraine, said funds are running low and “that’s why they’ve [the Russian government] already begun to shake us down”

He said that Russia was suffering from “serious” pressure from western sanctions, and that the country and its businesses would have to look to other countries with “serious resources” to invest.

“We thought we were a European country,” said Deripaska, who is founder of Rusal, the biggest aluminium producer outside China. “Now, for the next 25 years, we will think more about our Asian past.”

It comes as the European ratings agency Scope warned that Russia’s budget deficit may rise to 3.5% of gross domestic product (GDP), compared with the government’s forecast of 2% of GDP. In 2022, the official shortfall came in at 2.3%.

Scope said this was due to lower revenues from oil and gas exports, as the west weaned itself off Russian energy. “Sanctions and the war are constraining Russia’s fiscal flexibility … due to lower energy export revenues, higher war-related spending and a steady decline in GDP,” it said.

The ratings agency said Russia’s huge spending on the war would harm its economy in the long term, because it was at the expense of investments in infrastructure, digitalisation, housing and environmental protection.

[link to www.theguardian.com (secure)]
 Quoting: Anonymous Coward 83366307


That was the plan since day 1, deplete Russia militarily and financially.

NATO did not want fight Russia and don't care if Ukraine wins or loses. The aim is to deplete not defeat Russia.

Dangerous game that is out of control and China is sitting back hoping the 2 sides deplete each other up and they can pick up the pieces and dominate all.

I fail to see who the good guys are in this war
 Quoting: Anonymous Coward 83452883


So that was The Plan and Putin got suckered into invading Ukraine and starting a war so it could happen?

But I was told that Vladimir Putin is a master strategist.
 Quoting: Anonymous Coward 84257621


No, I never said or implied that.

It is a case of "never let a good crisis go to waste"
Anonymous Coward
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03/03/2023 08:36 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Not part of the Rothchild's bank. Nor is Iran, Cuba, North Korea, and Bolivia.
 Quoting: Agent 99


hesright
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03/03/2023 10:29 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
That was the plan since day 1, deplete Russia militarily and financially.
 Quoting: Anonymous Coward 83452883


Russia Kremlin says everything is going according to plan, and that Russia is at war with NATO. Therefore President Putin planned for this to happen. He wanted it to happen, he planned for it to happen, he made it happen. Is President Putin actually a CIA sleeper agent destroying Russia from the inside? If so he is doing a great job!

putin
 Quoting: Anonymous Coward 36165671


Need we say more?

Vladimir Putin remains a master strategist.
Anonymous Coward
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03/03/2023 10:33 PM
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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country
Not part of the Rothchild's [sic] bank. Nor is Iran, Cuba, North Korea, and Bolivia.
 Quoting: Agent 99


Not only can you spell Rothschild, you are just spewing nonsense Q theories and you are so very wrong.



mondali2

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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country

mondali2
mondali2

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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country

mondali2
mondali2

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Re: Russian oligarch says Russia could find itself with no money as soon as next year. Russia's war has gone south for Putin, is draining his country

mondali2





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