Russia’s Real Economic Strength

By Romegas

There are so many myths about Russia’s economy that it is high time to deflate some of the wrong assumptions. Russia is the largest economy in Europe and endowed with unfathomable natural resources that all but guarantee that its real economy can produce at maximum output as long as the management structures can hold up.

It dominates the international markets in nuclear technologies. It is the world’s largest exporter of wheat, peas, barley, oilseed flax, frozen fish and many other agricultural products. It is the world’s largest exporter of fertilizers. Russia is the world’s largest exporter of oil to global markets and the second largest crude oil exporter behind Saudi Arabia. Russia is overall the largest exporter of minerals Russia ranked among the leading world producers or was a significant producer of a vast range of mineral commodities, Russia ranked among the leading world producers or was a significant producer of a vast range of mineral commodities, including aluminum, arsenic, cement, copper, magnesium compounds and metals, nitrogen, palladium, silicon, nickel, vanadium and diamonds. It has a highly capable and self sufficient military and commercial aerospace industry – something that China – the world’s foremost economic power is still incapable of. It operates the world’s only space station and is currently building its replacement.

Above all it has an extremely educated population and despite it having half of the USA’s population, it produces at least 5 times the amount of STEM students. In reality if one had to compare the difficulty of the curricula – the ratio would be even higher.

In this interview, Professor Dejan Šoškić, the former governor of the National Bank of Serbia, touches on a few of these reasons to show how badly the West underestimated the real strength of the Russian economy and explains why the current assumptions and policies of the EU are so foolish, indeed suicidal.

While the EU’s export driven economies wallow in stagnation, Russia’s growth is at 4.7% and this despite it being at war and the most sanctioned nation on earth.

2 thoughts on “Russia’s Real Economic Strength”

  1. Experiences, and reality, speak for themselves. What are the most important things in life, to have a communist Country with its economy flourishing and booming, or a Country with its head on Democracy, with its economy built on debt and dreams? Unfortunately, this is today’s reality in our country, and my opinion, as I happened to be born in this country yesterday. Good day to everyone.

  2. Russia deserves the respect of other nations, they have no Utopian dreams as do the Zionist nations in the West. Russia has had its challenges , War has made them resilient. The new order of tyranny and chaos in the west owes its bleak future to globalist UN, WHO, WEF who have betrayed humanity and designed the new Hunger Games. The central bank of England’s Rothschilds second Empire is doomed to fail

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