Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Russia Prepared for Possible Economic Meltdown – Putin!

August 20, 2012 by mosesman

  • Russia Prepared for Possible Economic Meltdown – Putin! 
    by http://en.ria.ru/ 
    The Russian economy is prepared for a possible economic meltdown as a result of the slowing of global growth and the escalating eurozone debt crisis, President Vladimir Putin said on Thursday. At a meeting with regional ombudsmen, Putin said the situation was complex both in the European and global economies.
    –
    “In the United States, the engine of the world economy, the situation looks better but macroeconomic indices that are vital for the economy’s sustainability are no better than in Europe. Their debt state [in the United States] is 104 percent [of U.S. GDP],” he said. Aside from this, the U.S. financial system is burdened with mortgage loans issued against state guarantees, he said.
    –
    “All these factors cause certain alarm. Now news is coming that China’s economic development rates have slightly slowed and declined and China is one of the world’s largest consumers. These are, no doubt, alarming signals. Let us hope that these concerns do not transform into a full-blown crisis,” Putin said. “Let us hope for the better but prepare for the worse,” Putin added.
    –
    In 2011, the Russian government started to prepare anti-crisis measures to respond to unfavorable economic developments, he said. “We also agreed to set aside quite a substantial sum for the start of next year in the 2013 budget as the government’s operational reserve, so that we can respond effectively and energetically to crisis factors, if they emerge,” Putin said, adding the Russian economy was currently demonstrating healthy parameters.
    –
    The Finance Ministry has said Russia is drafting several crisis budget scenarios to cater for low oil prices. “We are currently checking the resilience of the federal budget, and holding stress tests to study its exposure to sharp changes in external economic conditions. We are calculating revenues to estimate their levels at an oil price of $80 per barrel or even $60 per barrel,” Deputy Finance Minister Alexei Lavrov said earlier this year.

end

Post navigation

Previous Post:

Jim Rogers: It’s Going To Get Really “Bad After The Next Election”!

Next Post:

When Will The Euro Collapse? It’s Already Dead !

Pages

  • About

Recent Posts

  • Gravitas: China’s Mysterious Pneumonia Spreads. US, Europe Record Cases
  • Israel Issues ‘Evacuation Map’ as It Targets South Gaza | Al Jazeera Newsfeed
  • Gaza: 1.7 Million People Displaced, Thousands of Lives Lost, Limited Humanitarian Access, Infrastructural Damage, Heavy Rainfall, Flooding …
  • Evacuated from the North, Being Bombed in the South
  • ⚡ALERT! Shots Fired at US Nuclear Base, Gold at All Time High, War Restarts in Israel, Germany WW3
  • 🔴 BANKING CRASH IS BREWING: $684 BILLION Reported by U.S Banks In Unrealized Securities Losses
  • ‘Larger War Is Coming’: Hamas’ Chilling Threat To Israel; Says, ‘Won’t Stop Fighting Till…’
  • Drew Hernandez Exposes the NWO Psyop to Collapse Civilization
  • Megaton “Bomb” from NYT: “Wall of Jericho” the Code Name – Israel Knew a Year Before the Attack Plans of Hamas! (video)
  • Video: UK Health Security Head Admits Use Of Face Masks Was Never ‘Evidence Based’
  • Israel Pounds Southern Gaza As Officials Say ‘Long War’ Expected For A Year Or More
  • 🔴 BREAKING: Petrodollar Slow Death Continues As The UAE Ditches Dollar In Its Oil Transactions
  • Hostages THANK Hamas For Compassionate Treatment!
  • 2024 Gold Revaluation Coordinated Or Weaponised? – LFTV Ep 151
  • We Won’t Escape the Financial Meltdown That’s Currently Underway | Steve Quayle Joins Doug Hagmann | November 30, 2023
  • “Mass Assassination Factory”: Israel Using AI to Generate Targets in Gaza, Increasing Civilian Toll
  • Blackout In Israeli Towns As Hezbollah Launches Rockets Into Israel; Two Killed In Lebanon Strikes
  • Iran’s Loitering Anti-Aircraft Missile Downs US-Israeli Drones? Houthis, Hezbollah Deploy ‘Saqr 358’
  • Scott Ritter: Russia is Ready to FINISH NATO as Putin Rejects Neocon Agenda for China
  • China’s Respiratory Illness Outbreaks And More News

Archives

  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
August 2012
M T W T F S S
« Jul   Sep »
 12345
6789101112
13141516171819
20212223242526
2728293031  
© 2023 Socio-Economics History Blog | WordPress Theme by Superbthemes