Killed and Wounded.
https://www.threads.net/@kyivpost.official/post/DB_ryiuIK8W?xmt=AQGzu7iPWmBwXXHsFyOmVUf7Tnw9Ihc0-Qsh8KHr9JcF8Q
The price that the Russian government is forced to pay to convince Russians to face the artillery barrages and drone waves of Ukraine continues hitting records.
https://www.threads.net/@krundt/post/DB8736jIF5q?xmt=AQGzu7iPWmBwXXHsFyOmVUf7Tnw9Ihc0-Qsh8KHr9JcF8Q
Kenneth Gregg in Ukraine here again: (1/9) "Since the fronts continue as before, there is no point in just repeating previous updates, so today's update is again about the russian economy. Now I will also line up evidence for my analysis. Many people claim that the sanctions have no impact, but let's look deeper into the matter. Let's start eith LNG, which has been predicted to have a bright future. This was also the thinking in russia, which invested heavily in the Artic LNG 2 train. +
2: "The company NOVATEC acquired train capacity for 19.8 million tons of LNG per year. Now in October they announced that they are closing the train operations because no one wants to buy their LNG. There have been 4 LNG tankers out on the dock for months now because no one wants the gas, so there are fully loaded tankers with billions of cargo that no one wants to deal with!!!
The second economic blow will come at the end of the year when Ukraine shuts down the natural gas pipeline that runs +
3: "...through the country. This will be done DESPITE the fact that transit payments are 0.5% of GDP. So it will be expensive for us BUT EVEN more expensive for russia.
Thirdly, let's talk about the case of Mr. Rogachev - the guy who fell out of a window a short time ago. He was the vice president of the Norilsk company which owns the Nornickel company. They had been ordered by the Kremlin to produce nickel, copper and other metals 24/7. Rogachev pointed out that if this happens, +
4: "...world market prices will fall below profitability levels, and furthermore, they cannot produce at full capacity because there are no spare parts for mining. A few days later he fell out of a window and died. His replacement promised full production but the reality was different; far below the production requirements. Because their mining is done with Western equipment, it is impossible to get spare parts in, at least in time, as some come through front companies. +
5: "The Kremlin's actions clearly show that it is living in a dream world and not in an economic reality.
Even inside russia, influential people are now starting to speak openly about the economic disaster. Chemezov, the head of the Rostec group (a major arms manufacturer), was allowed to speak in the Duma about the economy. The first thing he said was that the Russian economy is already in STAGFLATION (a state where both production and consumption are declining). +
6: "If anyone other than Chemezov had said this, he would have received long prison sentences.
Even the head of the Central Bank, NABIULLINA, officially said that both labor and production capacity have been fully used and there is nothing left to draw on. Despite all the stimulation of the economy they tried and are trying, the situation is only getting worse. The only result is runaway inflation leading to a prolonged and deep recession. The last option is to let the ruble float. +
7: "When this happens, the exchange rate of 1 USD = 145 RUBEL. It can even be much worse. In order to get more soldiers and people into the arms factories, the Kremlin must raise wages. Where will the Kremlin get this money? It can only be done by printing more rubles, i.e. providing the market with more liquidity, which in itself is the exact opposite of what the central bank is trying to do. Nabiullina tried to resign from her post earlier this year but Putin would not allow it. +
8: "She has realized that the russian economy is fucked, and will collapse in the very near future.
As the central bank tries to pull rubles off the market with sky-high interest rates, and Putin continues to print new ones, inflation will very soon rise to hyperinflation. This means that the construction industry collapses, which leads to the collapse of the building materials industry. The one who suffers most from this will be Mr. Ivan. +
9: "So those of you who still think that russia can remain a superpower should probably start thinking again now. Russia is heading for total economic disaster, as we will see on the front lines this winter." END