in 2024 Russians should prepare for the worst.
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FOOD LINES, INFLATION, IMPOVERISHMENT | My Predictions For Russia For 2024
#2024 #PREDICTIONS #RUSSIA
00:00 Intro
02:31 Economic Growth
04:41 Market Economy
07:02 Oil And Gas Decline
08:18 Shortages
12:00 Financial System
14:18 Inflation
15:43 Budget Funding
23:20 Central Bank
23:59 Stagflation
24:42 Summarizing
33:25 The Questions…(read more)
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Food Lines, Inflation, Impoverishment: My Predictions For Russia For 2024
As we look ahead to the year 2024, it is important to take stock of the current economic and social conditions in Russia in order to make predictions for the future. Unfortunately, the outlook for Russia is not particularly rosy, with several concerning trends indicating a potentially grim situation in the coming years.
One of the most pressing issues facing Russia is the growing problem of food insecurity. In recent years, there has been a noticeable increase in the number of people who are unable to access an adequate supply of nutritious and affordable food. This has manifested in the form of long lines at food distribution centers and an increase in the number of people relying on government assistance to put food on the table. The situation has been exacerbated by the economic downturn caused by the COVID-19 pandemic, as well as the impact of international sanctions on the Russian economy.
In addition to food insecurity, Russia is also grappling with high levels of inflation. The cost of living has been steadily rising, making it increasingly difficult for people to afford basic necessities such as food, housing, and healthcare. This has been particularly challenging for low-income families, who are finding it harder to make ends meet as their purchasing power diminishes.
These economic challenges have led to a concerning increase in impoverishment across Russia. Many people are finding themselves unable to secure stable employment or access the social safety net that they need to survive. As a result, poverty rates have been on the rise, with more and more individuals and families living below the poverty line.
Given these trends, my predictions for Russia in 2024 do not paint a particularly hopeful picture. I anticipate that the problem of food insecurity will continue to worsen, leading to even longer lines at food distribution centers as more people struggle to put food on the table. Inflation is likely to persist, further eroding the purchasing power of Russian citizens and contributing to a higher cost of living. As a result, we can expect to see an increase in the number of people living in poverty, as the economic challenges facing the country continue to mount.
In order to address these concerning trends, it is crucial for the Russian government to take decisive action to support its citizens. This may involve implementing policies to stimulate economic growth, providing targeted assistance to those in need, and working to create more inclusive and sustainable economic opportunities for all Russians. Additionally, international cooperation and collaboration may be necessary to alleviate the impact of sanctions on the Russian economy and help support the most vulnerable members of society.
In conclusion, the outlook for Russia in 2024 is marred by significant economic and social challenges. Food lines, inflation, and impoverishment are likely to persist, making it harder for many Russians to access the resources they need to thrive. However, with concerted effort and strategic policy interventions, there is hope that Russia can work towards a more prosperous and inclusive future for all its citizens.
God bless
I wish there was peace in the world, its so so sad. Humans don't seem to be able to learn. There are no winners in war, and everyone suffers, financial, physical and mentally, involved or not involved, its bad for the whole world. human life is too short as it is. We all should be striving to make the world a safer place for all humans, maybe one day.
I would be interested to know how you, or other economists, come up with the growth figures for Russia.
As far as I know, the basic statistical data has not been reported to international institutions such as the World Bank for years.
Since the outbreak of the war at the latest, we can assume that the statements made by the Russian statistics authority are basically fictitious for propaganda purposes.
Where does the 3 percent figure come from?
I love all these experts that come on here. NOT.
What about ordinary people? Doesn,t the government break the people,s economy like that?
Hawdy hawdy
Fantastic and informative thank you for another interesting stream ☺️
Very realistic predictions !
I too have been to Russia. Perhaps different cultures sometimes clash but they seem very sterne and serious nation. Perhaps its the hard past they have had.
It seems Russians have been suffering at some level forever. I believe they become so used to being in this suffering state that it will continue because it's normal for them.
Propaganda channel
It is sad. Russia could be a giant in the global community.
Very true
They still could sell a part of Russia to China!
Thanks for the information, I really enjoy your videos 🙂
Very interesting his thoughts of Russia's economy
Here is Australia we have a few professional sufferers too I’m putting it lightly. We the tax payers at the whim of Washington!, our biggest trading partner is China and because of that we haven’t had a recession in over 20 yrs !
As you know America can’t have any other country as a close peer in hegemony and Australia is the choice in Asia’s backyard to counter China . Not because the Chinese are evil but a bogey man for Washington’s once again “The yellow peril” we see inflation slowly creeping up not because we are not doing well economically but our military expenditure has gone through the roof with unnecessary spending to buy everything American including the future $380B submarines! We get 8 lousy subs that we don’t actually own because they are all under US license.
We are the biggest donor to the Ukraine war outside Europe! We have been virtually participated in every American war . We are actually complicit in US war crimes!
America is actually one of our biggest competitors in terms of trade with China , it sounds crazy because it is !
Russians seem to love themselves some autocrats.
In the US, the people who support the ex-president T** also have this grievance mentality. It is true that they have suffered and not advanced in society, but they have been convinced that it’s someone else’s fault, namely the liberals who want them to get free medical, free education and all the benefits that would help them. They are blind.
We only hear about Russia in the US when dissidents get poisoned. I appreciate your knowledge and insights. Be careful.
I dabble in gold with a couple of other friends we buy scrap gold & make alloy .
It took a very long time to get them off the "thrill" of day trading fine gold on the market .
Almost from the first day of the new russia , russia was buying bullion on the open market which I thought was strange as russia was a net exporter of gold .
Both Russia & China have been massive gold buyers over the past few decades .
However now it has become very apparent
Some where Russia has a massive tonnage of western gold bullion that they can use to bypass sanctions because we can not ban the trading in gold full stop and a US bullion bar is always a US bullion bar no matter how many times it has been bought & sold so no one can tell if that bar of US gold came from Russia or China or Germany or France or Australia .
So Russia can go on exchanging their Western gold bars for what ever they want almost at infinitum.
And when it comes to santions most Western executives would sell their childern into sex slavery for a suitcas full of gold bars in a tax haven bank .
Russia will not be in for a hard landing
The Mosckovites ( the city living federation members ) will do things a lot tougher so that is what 10% of the land mass & 60% of the population ?
The rest of the Federation will just plod along as they have always done, under the Tsar's , under Stalin & under Putin , Not much has changed for them in the past 200 year and nothing will change for them in the near future .
Sticks to burn to heat the house & water will still be picked up in the forests, cows will be milked, hens will lay eggs ( in the summer ) , old people will weave fabrics & repair cloths , reindeer will be herded & slaughtered during the winter , local natives may go back to wearing furs & leathers if they can remember how to process them .
Nothing will change until the federation falls apart and the republics gain their autonomy .
The egg shortage is a different matter and those who bitch about it are suffering from "supermarket brain" big time .
Everything that is grown or raised, is seasonal . So eggs out of season have to come from caged system and caged systems are both very expensive to grow plus are highly vulnerable to diseases like bird flu . Now Europe & Asia had a bad season for bird flu . do not know how they are handled in Russia but in Australia , every hen in all of the sheds on that farm get destroyed then the carcasses burned . The sheds are mucked out then steamed cleaned then dissinfected then left empty for 2 to 3 months after which the grower can buy some more pullets to start producing eggs again but this can easily stretch to 6 months to restart and 2 years to get back to full production. Again , down here, all of the neighbouring hen farms get the same treatment and then they start testing in farms further out . If just 1 bird is found to have the virus, the process happens again from that farm .
As such it is very easy to have several million hens destroyed in a single hit.
The pullet supplies are only geared up to provide regular replacement of pullets so if suddenly they are required to supply a couple million extra pullets that can take near a year or more .
All of this means a drastic shortage of supply in eggs and eggs are a strange thing because they do not store very well and the highest demand happens in winter when the supply is the lowest .
Awesome tube! You however ask us to share on social media. You will get a better response if you share some shorter videos that people can watch in a shorter time frame. Consider making some shorts that can attract more viewers and subscribers.
Tak!
russia are the Loneliest Sheep in the World
The world is appalled. I cannot stop thinking of the suffering of Ukrainian people every day. For what? For another Hitler called Putin. He will not let Russia evolve. He's milking the country of wealth. He's a thief, serial killer and monster.
Is this situation more like learned helplessness?
Putin is done.Greetings from Austria.
some kind and encouraging words 😀
Excellent video, I think you are spot on in your analysis. The coup will come from the energy sector Rosneft and Gazprom. Loosing their profitable markets in Europe and forced to sell their raw crude at a discount only to see the recipients of their raw crude refining it into jet fuel gas and other products and sell it back to Europe, their former market, at a nice little profit. Now loosing their markets in India the increased cost of having to sail all the way around Africa due to the houthis forced to convert all their foreign earned revenue into rubles only to see the ruble continue to full in value thus decreasing the profit even more. The energy companies as well as others are not used to paying income tax and now they are forced to. The energy sector unlike other businesses in Russia are unable to transfer their tax obligations on to consumers because their consumers are China and a few others who if forced to pay more will just switch to Saudi Arabia or others for their raw crude so the energy sector will have to pay the tax increase out of its already shrinking profit margin. The coup will come from the energy sector.
As with every media since 2000. Russia is about to collapse. Oh wait it didn't yet.
No propaganda, only truth here got me hahaha.
I'm saving this video so I can come back in a year.
Gosh these experts
I suppose if you grow up in certain conditions then you really don’t know anything else. If you took a poll of people that live under most communist regimes, would their answers be any different? It’s really unfortunate.
over half of the land is useless when it thaws it will collapse ,sink into arctic ocean, the rest is subpar at best