Article

2022-10-14 Caucasus/Russia/Central Asia

Russian Budget Going Negative In October

[Twitter] The Russian federal budget has gone from large surplus at the beginning of the year to near balanced. In October it will go negative as decreasing oil and gas sales and the costs of mobilization, increased war production and purchases of Iranian drones and North Korean rockets and shells come due.

Russia’s fast disappearing budget surplus pic.twitter.com/LtTlrNUGEs
— Samuel Ramani (@SamRamani2) October 12, 2022

Posted by Snash Shairt9621 2022-10-14 00:00|| || Front Page|| [18 views ] Top

#1 Manageable. Nearly insignificant. Vast difference compared to Western Nations. They have huge natural resources to back them whereas we have what to back our currency. Our currency is backed by debt. Need money just print more. Our administration is just a big con game. I dread the day of electronic currency. They will just expand as they please with no thoughts of the future. Your money is theirs. "You didn't build that".

Posted by Dale 2022-10-14 08:49|| 2022-10-14 08:49|| Front Page Top

#2 Everything's fine. We'll keep fighting to glorious victory!

Posted by Frank G 2022-10-14 13:07|| 2022-10-14 13:07|| Front Page Top

#3 They will start to get dunning notices from Little Big Kim's PRK Discount Armory and Ammo Emporium.

I'd hate to see the collection agencies the Iranians and Norks use.

Its all fiat money anyways.

Posted by Chealing Chomotle4158 2022-10-14 13:17|| 2022-10-14 13:17|| Front Page Top

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