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Isolated, Impoverished, Backwards Russia

You already knew that Russia has an utterly pathetic, puny level of Foreign Direct Investment in its economy, roughly half that of tiny nations like Netherlands and Belgium, and that its level of FDI has been falling consistently under Vladimir Putin.

Maybe you even knew that things were so bad that the Russian Kremlin is actually bribing foreign investors to sink their cash into Russia.

But you still didn’t know how bad things really are. Because Ben Aris of the Financial Times reveals:  “Russia has a woeful record when it comes to investment. According to a paper about to be released by Aton, a leading Russian investment bank, some 70 per cent of all foreign direct investment into Russia comes from offshore havens – meaning it is Russian flight capital returning home.”

You read that right:  70% — seventy percent! — of all money Russia counts as FDI is in fact just money that is brought back to Russia by Russians in connection with capital flight, that is, money that’s now needed for spending purposes and is recovered from its hiding place. In other words, it’s an illusion!  So the true level of new money sent to Russia by foreigners who believe they can make more money in Russia than other places is so tiny that it’s barely measurable, comparable to a backwater like Chile or South Africa.

This is what Russians have given themselves by choosing proud KGB spy to govern them:  isolation, impoverishment and backwardness, for the foreseeable future.

99 responses to “Isolated, Impoverished, Backwards Russia

  1. Auriga ⋅

    MIDDLETOWN, Pa. — For the second time in two months, the Three Mile Island nuclear power plant has had an automatic shutdown.

    Plant officials say the shutdown occurred at 2:20 p.m. Thursday and that the release of steam made a loud noise that was audible to nearby residents.

    Operators are trying to determine the cause.

    Exelon Generation spokesman Ralph DeSantis said a similar shutdown occurred Aug. 22. He said there is no threat to the public health or safety and that the shutdown did not interrupt electrical service. He also said there was no detectable level of radiation in the steam.

    —– while in Russia —–

    Today a new reactor launched at Kalinin Nuclear Plant.

    Who’s backwards?

  2. Auriga ⋅

    And after completition of this one, Russia has under construction 10 more, while US has only one under construction

  3. Auriga ⋅

    May be it is because all the Uranium enrichment facilities in US employ highly inefficient gas diffusion process (hence very high cost of product), while Russia uses centrifuges.
    USEC plant in Paducah and Portsmuth are scheduled for shutdown, soon US will be totally unable of producing any new U235 for reactors, except by dismantling warheads, thats why Obama need the treaty.

  4. Auriga ⋅

    And who’s impoverished. Last four years US GDP is growing slower then population. I.e. GDP per capita declines, despite all the QE and huge import of capital. Russia may lack foreign investment, but it is still developing and growing richer.
    Look at automotive vehicles production
    US 12,799,857
    RU 1,202,589
    US 8,653,560
    RU 1,988,036

  5. Auriga ⋅

    Ah, I forgot, you guys have alternative to energy:
    A day after former Massachusetts governor Mitt Romney criticized President Obama for giving taxpayer loans to a failed solar company, a solar company that Romney helped fund also went bankrupt.

    Konarka Technologies, which develops thin-film solar panels, announced Saturday that it was filing for chapter 7 bankruptcy.

    Solyndra Bankruptcy: Solar Panel Company Won’t Pay Back Most Of Its $527 Million Government Loan
    It was number 17 on the White House’s 100 Recovery Projects That Are Changing America list. Now, Abound Solar is about to join the taxpayer-supported green energy firms that have filed for bankruptcy.

    Abound Solar was approved for a $400 million dollar taxpayer loan guarantee under the same program as did now-bankrupt Solyndra. Abound received about $70 million of the total by last Sept., but failed to meet certain financial milestones and the Energy Department cut off the rest of the loan.

  6. Auriga ⋅

    And all this leads here:

  7. mingthemerciless ⋅

    Yes, Tyler Durden, the paleo-con neo-nazi…If you go extreme enough, you’re melting with the extremists of the other side, full circle…nazi = national socialist…who care what you zero-edge buffons think…it’s all the Jews’ fault, right?

    Keep having cows and eating your shorts, Auriga…nobody care what you nazi-commie-mussies think!

    • Auriga ⋅

      Because I have facts and you have voices in your head

      • MCC ⋅

        auriga, you poor pathetic russian baboon; what facts – Here are the facts, russia is slowly sinking and nothing can stop it, low grade local civil wars simmering all over the dying ’empire’ will eventually lead to the liberation of all nations under the russian yoke. russia, of course, will survive in the trunkated version….

        • Auriga ⋅

          Any numbers? I provided you with facts, your post is just words – wet dreams of pathetic russophobe and nothing more

          • MCC ⋅

            In order to keep the Tatarstan, North Caucasus, Karelia, Siberia, Konigsburg, and the rest of so called autonomous russian republics under russia’s control the russians will have to kill them all .. that’s the ‘perfect’ solution russian style…The fact that moscow, russian capital is already 80% not only muslim but, most importantly Central Asian city explains perfectly russia’s inevitable demise…

            • Auriga ⋅

              Can you provide source for 80% muslims in Moscow?
              By the way, there were 175 mosques in NY in 2010 ( and built more now)
              And there is 4 mosques in Moscow now. There are attempts to build fifth, but coordinated popular protest recently led to halt of construction. Struggle goes on.
              Compare with pathetic attempt to prevent ‘Victory Mosque’ near former WTC location. Your lovely Kenian president blessed that Mosque.
              So who are under muslims? Moscow or NY?

              • Rare_F5_Twister ⋅

                No he can’t. In case you haven’t figured that out yet, MMC is not actually a human being. It’s an Internet bot written by some talented Polish programmer kid. There are very few templates he uses to create his comments.

                The first one is: Tatarstan, Dagestan, Chechnya will soon be free. Russia will shrink down to the size of Moscow. Moscow is mostly Muslim, has the largest mosque in Europe and is in fact a Central Asian capital.

                The second one is: Siberia is under Chinese control. There is a low grade civil war simmering all over Russia.

                The third one involves calling names: Brainless russian baboon, poor russian baboon, obosranye russikie barakhlo, russkiy riab. The whole world celebrates every single Russian failure with great festivity.

                Just to name a few. So, most of his comments are combinations of those three templates with some minor variations. Don’t take that doodie MCC too seriously.

              • MCC ⋅

                During the 2011 Ramadan Celebration in Moscow which coinsided with the Polish Presidency of the EU; by the way, it was a great pleasure for Polish People to watch it, and feeling vindicated…. Moscow was taken over totally by the muslim moscovites. NOT A SINGLE POLICEMMAN ON THE STREETS OF MOSCOW, NOT A SINGLE RUSSIAN WOULD DARE TO WALK THROUGH THE STREET OF RUSSIAN CAPITAL. There was sea of bottoms up. It was truly prophetic and foreboding for the future of so called ‘russian empire’, Russian army, by the way, is about 40% muslim….Got the picture???. Russia was trying to intimidate Europe, especially Central and Eastern Europe, totally lost and turn to Asia; there, my friend, Russia is just a China’s puddle…

                • Rare_F5_Twister ⋅

                  So, that’s when I say that Fear has Big Eyes. Sorry pal, you have no clue.

                  First of all the Muslims celebrate Ramadan every year in Moscow and every time the head count is about 150-180 thousand people. That’s way too far from “Moscow was taken over totally by the muslim moscovites. Ok? Just for your information, that’s in fact a minor event in Moscow. If you wanna know about some major events Google about: Monsters of Rock Festival, Metallica Concert in Moscow 1991 – over 1 million people, Jean Michelle Jarre concert in Moscow 1997 – about 3.5 million spectators, Laser Show at Moscow university in 2011 – over 600 thousand people. Now those are some really big crowds. Even the biannually MAKS air show enjoys more people than Ramadan in Moscow. Only a severely unenlightened halfwit would say that Moscow is taken over by Muslims after seeing that relatively small crowd.

                  Second of all, could you please provide at least some evidence that Russian army is 40% muslim?

                  So far all your claims are just empty slogans without real meaning.

                  • MCC ⋅

                    Horrifying pictures of moscow under muslim siege were publish all over russian press…..

                    • Rare_F5_Twister ⋅

                      Well, if you are from a village with a population of one hundred people, I might understand why you find those pictures horrifying. At the other hand if you are from a more densely populated area then your vision of the Muslim celebrations is purely psychotic because in terms of Moscow that was a minor crowd. BTW, did you do your homework looking at the pictures of Metallica concert in Moscow 1991 or Jean Michelle Jarre in 1997?

                    • Auriga ⋅

                      Well, any sources for figures you provided (40% of army, 80% of Moscow). Seeing some picture on TV doesn’t count, you again didn’t provide any number.
                      150-200 thousands crowd is far from majority in the city with population above 20 millions

                • Auriga ⋅

                  First you said 80% of Moscow is Muslims, second you state 40% of army is muslim, and again no prooflink.
                  With the example of mosques above (175 in NY, 4 in Moscow, NY can prevent building mosque at WTC site, while Russians could fend of building a mosque that would occupy a park) I’ve proven that influence of muslims in Moscow is far less then in NY

                  • MCC ⋅

                    You probably cannot see the danger of central asian muslims because you russians are partially mongols [the result of half a millenium of russian women being raped by the mongols] – but don’t get me wrong I think there are a lot of attractive people asian/russians;e.g., the contortionist Uzbek-Russian Alina Kabayeva, putin’s concubine and a mother of putin’s little basterd son.

              • MCC ⋅

                If you walk in Moscow 8 out of 10 on the street are central asian muslim – I am trying to make it easier for you to understand and face reality of russia.

        • ⋅

          Nobody is going to be “liberated” simply because they won’t survive. At least Russia isn’t being mongrelized to death like all of the “developed” western nations are. The driving force behind a nation is it’s race. All of the western nations are being turned into mongrel wastelands while Russia keeps remaining racially pure.

  8. siber_troll ⋅

    i got much pleasure revealing putin’s russia got what it deserves in economy

    • Auriga ⋅

      Russia is still in bad condition but improving, lack of FDI is nuisance yet not very bad. Stable foreign trade proficit brings enough cash to fund investment programs.

      • MCC ⋅

        What do you mean ‘stable foreign trade ‘proficit – perfect English, by the way] it is, in reality the profit from gas and oil export and NOTHING ELSE. By the way, how long will russia be able to blackmail country like Poland, France, Ukraine with huge deposit of shale gas??? By the way, when the Americans started producing shale gas on a huge industrial level the prices of russian gas ‘went south’ just 45% overnight….Read and learn you brainless russian baboon..

  9. siber_troll ⋅

    Russia stands on the edge of soviet-style crysis. rich corrupted siloviks will not spend one cent on commoners when food prices will jump up 1000%

    • Auriga ⋅

      Any reason why should food prices jump ten times in Russia?
      It is exporter of wheat, imports of milk are mostly from Belarus which is in Customs Union, recently become exporter of sugar, close to self-sufficience in chicken meat and pork.

  10. Auriga ⋅

    One more nice chart. It is indexmundi purely based on CIA factbook data:

    Definition of Investment (gross fixed)

    This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.

    So Russia invests in future production 1.7 times more

    That IS real investment, not the buying stock bubbles. Factories, equipment, et.c. not paper.

    • MCC ⋅

      nice ttry, poor russian baboon – it is pure potemkin villages attitude; just look around you and you will see the majority of russians living in pure 18th century sh#$%t…

      • Auriga ⋅

        If Russia is in 18th century, then where is US?

        Number of cell phones per capita:
        US – 1.039
        Russia – 1.545

        • MCC ⋅

          auriga in case you don’t notice, technology, investment money, know-how; these are coming from the West. As far as I know, Russia’s recent ‘contribution’ to the world are; gulags, Chernobyl, tea with poloniom and, recently, slaughter house called Syria – perfect russian creation. Russia, sooner or later, will pay for the slaughter of Chechens, Ingushetians, Dagestanis, Tartars, Syriens, etc. …Just watch it…

          • Auriga ⋅

            Well, world is globalized. A lot of tech comes from abroad. There are other examples, like said nuclear technology, or research center of Boeing is in Russia. A lot of software development is outsourced to Russia.
            And of course we shall see who gets punished. Fall of US empire will expose a lot of sins. As it happened in case of fallen USSR empire.

            • MCC ⋅

              Russia/soviet barbarians never have been punished for obscene, murderous past. I don’t talk about russian victims – they were happily dying for mother russia, but all those millions of non-russians who perished. And, by the way, in order to keep russia intact putin will have to reopen the gulags – there is no other way….

            • MCC ⋅

              100% of tech comes from abroad – just a small correction..

              • Auriga ⋅

                See above for counterexample. Russian (Soviet) uranium enrichment is far more energy-efficient than gas-diffusion process used in US and France (Areva).

          • Dell

            No Russia will never pay for trying to civilize those worthless subhumans. You seem very upset. Maybe it’s because your ancestors were slaves to the brilliant Russian masters or maybe you’re just a dumb Ape-murrikan jew slave. Either way, there’s no reason for your existence.

        • MCC ⋅

          russia – 18th century; the USA 22nd century already…

  11. Auriga ⋅

    Another good example:

    Fast neutron reactors are future of nuclear energy, they allow burning not only deficit U235 (see why Obama needs treaty – it is uranium starvation, that forces recycling warheads), but inclusion of U238 and in perspective – Thorium (which is abundant in comparison with uranium).
    The ONLY real reactor in operation is Russian.
    China and India have small research FN reactors.
    And in 2012 second FNR is scheduled to start in Russia. Next generation of FNR is under development now (BN-1200)
    Toshiba is developing FNR for US, but will it ever start given current anti-nuclear protests?

  12. Auriga ⋅

    A bit googling gives me:
    The plan had been to build a 10-megawatt reactor that would have been buried underground, and fuel would have powered the reactor for 30 years. According to Dennis Witmer, an energy consultant with the UA Alaska Center for Energy and Power, the project is “effectively stalled.” Toshiba never began the expensive process for approval that is required by the U.S. Nuclear Regulatory Commission
    So tiny power (more like research reactor) and project died at planning stage.
    Cool. Where is MCC, I have a good example of tech area where Russia is absolutely superior.

  13. Auriga ⋅

    Bulgaria Receives 18 New Russian-Made Subway Trains

    • MCC ⋅

      Auriga, Those subway trains, most probably, were rejected by a previous client, so the poor Bulgarians were forced to accept that total russian junk. Do you remember, auriga, the great commercial ‘success’ of russian migs. Algeria, poor muslim country in the North Africa, rejected all 38 military planes, logic behind it was very simple the planes were usual russian junk. Or better still, India returned millions of tonnes of russian contaminated grains that ;couldn’t be used as a fodder for animals in India ….The list of Russia’s commercial ‘successes’ is endless…

  14. Auriga ⋅

    Use of Russian GLONASS navigation system abroad:
    In April 2011, Sweden’s Swepos, a national network of satellite reference stations which provides data for real-time positioning with meter accuracy, become the first known foreign company to use GLONASS.[17]

    Smartphones and Tablets also saw implementation of GLONASS support in 2011 with devices released that year from Sony Ericsson, Samsung and Apple and the iPhone 4S adding support for the system allowing increased accuracy and lock on speed in difficult conditions

  15. Auriga ⋅

    The IT market is one of the most dynamic sectors of the Russian economy. Russian software exports have risen from just $120 million in 2000 to $3.3 billion in 2010. Since the year 2000 the IT market has demonstrated growth rates of 30–40 percent a year, growing by 54% in 2006 alone. The biggest sector in terms of revenue is system and network integration, which accounts for 28.3% of the total market revenues. Meanwhile the fastest growing segment of the IT market is offshore programming.

    Currently Russia controls 3% of the offshore software development market and is the third leading country (after India and China) among software exporters. Such growth of software outsourcing in Russia is caused by a number of factors. One of them is the supporting role of the Russian Government. The government has launched a program promoting construction of IT-oriented technology parks (Technoparks) – special zones that have an established infrastructure and enjoy a favorable tax and customs regime, in seven different places around the country: Moscow, Novosibirsk, Nizhny Novgorod, Kaluga, Tumen, Republic of Tatarstan and St. Peterburg Regions. Another factor stimulating the IT sector growth in Russia is the presence of global technology corporations such as Intel, Google, Motorola, Sun Microsystems, Boeing, Nortel, Hewlett-Packard, SAP AG, and others, which have intensified their software development activities and opened their R&D centers in Russia.

    • MCC ⋅

      Your comment make one feels reading Pravda or Izwiestia 1933…Towaripriszczks

      • Auriga ⋅

        Well, I’m just putting actual numbers and statistics from independent sources. What makes you so irritated?

        • Manfred Steifschwanz ⋅

          Answer: Psheks are extremely irritated by actual numbers and statistics. Repetitive, unimaginative psychobabble is their field of ‘expertise’.

          • MCC ⋅

            kleine schwaine, are you sure ?? it is a perfect description of you and the rest of russian/mongolian hordes…

          • Manfred Steifschwanz ⋅

            mccusa воет в лесу — он звучит как огромная стая обезьян 😀

          • MCC ⋅

            katsaps are extremely irritated by actual numbers and statistics. Repetitive, unimaginative psychobabble is their fields of ‘expertise’..

            • Auriga ⋅

              Yet again. I give you links and statistics. You get butthurt. Not Manfred.
              So ‘No U’ doesn’t work here.

              • MCC ⋅

                gospodin pomilyui forehead, foreskin, left arm, right arm[ russian orthodox sign of cross] what statistics???

                • Auriga ⋅

                  Again, short thesis list from my posts, that are supported by prooflinks.
                  Statistics of nuclear powerplants under construction, enrichment capacity (and efficiency of enrichment technology used by Russia and US).
                  Statistics of negative revenues from shale gas under current prices.
                  Statistics of vehicles production in US and Russia.
                  Number of mosques in Moscow and NY.
                  Literacy and higher education percentage in Russia and US.

                  You never provided anything to support your declarations about 80% muslims in Moscow, and 40% muslims in Russian army. Did voices in your head tell you that? Or where did you get these numbers?

                • Manfred Steifschwanz ⋅

                  Auriga, stopbeingpedantic. mccusa is hisown source.Whatever a Pshek blurtsout goes,OK?

    • Manfred Steifschwanz ⋅

      How could that be when mccusa & c:o are not Russians 😀

      • Bohdan ⋅

        Good job he – MCC – isn’t, as he would then be a brainless pain in the arse like you are, comrade Manturd, PERIOD.

        I need another good laugh comrade goon, at your expense of course, so tell me once again how great you are? Hahaha.

        • Manfred Steifschwanz ⋅

          Trigonometry, Ukro. Trigonometry.

          • Bohdan ⋅

            Stalin’s murders in the 10’s of million’s, Stalin’s murders, comrade vegetable Swede.

            • Auriga ⋅

              10s of billions!

              • MCC ⋅

                Bohdan, by mocking you auriga is simply saying that the russians’ lives are totally worthless, that the russians are born slaves and that will NEVER change. Russia’s dealing with the masacres during the communist regime is simply total denial. But the slaughter of russian started with the creation of the russian state in the 17th century and russia’s greatest heroe ivan the terrible. He, first ‘liberated’ russian tribes from the mongol yoke and then simply killed 1/3 of russian population. Unfortunetely russian’s stupidity is so humongous they don’t see the coming of the new ivan the terribel – volodia putin…

                • Auriga ⋅

                  I just mean that you two totally fail to support any argumented discussion on the topic (economy, investment) and just switch to your favorite Stalinizm thing.
                  I don’t think Stalin was good guy, anyway he is dead and long ago.

              • Bohdan ⋅

                Comrade Auriga, your “10s of billions!” only proves your sad communistic brainwashing. Go on tell us again how wonderful your rasPutin’s Russia is – NOT!

            • Manfred Steifschwanz ⋅

              Stalin killed Avogadro’s number of peoples (mind the plural tense: peopleS). Holodomooooor, mi amooooor…

    • MCC ⋅

      This is truly serious aurgia, you need help or an orthodox prayer let’s make an orthodox sign of cross forehead, foreskin, left, right, guospodin pomiuyu – feeling better????

    • MCC ⋅

      Of course, aurgia/kleine schwaine/beetlejuice and co., – but russian degrees would’t even qualify those poor russian/mongolian beggars to clean public toilets in the West…By the way,have you ever heard of Shanghai List – Chinese are very good and objective,and for last 30 years the first twenty best universities in the world are as follows: 18 American llearning instutions plus two British – Cambridge and Oxford – you know in the United Kingdom??? Nosowomov- or is it Lomonosov University is 540 on the list ….

      • Auriga ⋅

        Apparently (proof is above) Russian education makes Russian programmers competitive enough to earn increasing revenue via software export.
        Software export expansion 20 times from 2000 till 2011.

        Results of international olympiad in informatics:
        Russian team has very good total result.

        US team = 600 + 443 + 376 + 218 = 1637
        RU team = 504 + 456 + 411 + 394 = 1765

        So real challenge proves quality of education

      • Rare_F5_Twister ⋅

        Oh, really? Where can I read about 540 in more details?

        And by the way, what is the world rank of the ZOO you came from, mccusa-baboon?

        • MCC ⋅

          Hey kleine schwaine/rare f5 twister, thanks for agreeing with me ,your statement and I quote ‘what is the world rank of the ZOO you came from,mcusa-baboon’ it means that you agree with me; The best russian university Nosolomov or Lomonosov [I am note sure] is 540 on tha shanghai List.. Thanks and prey together; gouspodin pomilui russian cross forehaed, foreskin, right arm,left arm -feeling better ruskiy bednashka…

          • Rare_F5_Twister ⋅

            Why don’t you answer my questions? They are rather simple.

            Where can I read about 540 in more details?
            What is the world rank of the ZOO you came from, mccusa-baboon?

        • Manfred Steifschwanz ⋅

          mccusa was a profoundly successful “student” at a so-called Catholic Boarding School — a sort of ‘hybrid’ institution featuring paedophilic animals among the staff (zoo aspect) and stupid, gullible pupils that can be talked into anything (miseducation aspect). I’d say that his erstwhile zoo ranks as NUMBER ONE (#1) based on the highly sensible criterion of providing weird, yet entertaining, animals to La Russophobe’s awesome blog!

          • Rare_F5_Twister ⋅

            Manfred, that sounds reasonable. Do you have an idea where does the baboon reside these days?

            • Manfred Steifschwanz ⋅

              In Arschau — Haupstadt Polens!

              • MCC ⋅

                Hey obosranye russkiye barakhlo, you would be able to see me if you take a ride in that wobbling junk helicopter which was admired by the world during the ‘victory parade’ in moscow. But be careful that ‘glory of russian air forces’ can crash any time…. za rodinu za stalina ,gospodin pomiiyu, forehead, foreskin, right arm, left arm +

  16. Auriga ⋅

    Hey ho. Looks like russophobes have been beaten at their lair.

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