Post
Topic
Board Economics
Re: Russian ruble is scam
by
gloffs
on 13/06/2024, 05:03:50 UTC
In fact, the principle of a market economy also applies in international trade. Each state buys products at prices and in volumes that are beneficial to it. If it is not profitable for Russia to sell products at a low price, it has the choice not to sell at that price and look for another buyer. No state has the right to start an open war because of this.
The West has been vvery clever at teaching Russia the principles of free market economy.
If the West is following the principles of market economy the why has the Biden administration has just imposed 100% import duty on Chinese EV's?

Besides, I want to say and any savvy economists know it very well that the state has a duty to develop economy by subsidizing hi tech industry in the country. if it does that then there is no point in exporting raw materials at the price of an international market.

I read that as soon as the USSR disintegrated the Boeing company paid a substantial bribe to the minister of aviation of Russia and in return he had to watch that the new government of Russia would not give any subsidies to the Russian aviation industry. As a result the aviation industry in Russia was killed by this corrupt minister and Boeing started selling its airplanes all over the world without any competition from aviation industry of Russia.

Lster even Russian companies started bying Boeing planes instead of buying the Rissian made airplanes.

This was an example of economic sabotage in Russia by the US.

So, the US gave bribes to the right people in the government of Russia in the past 20 years and because of that all and any hi tech industry was killed and Russia started exporting only gas and oil at international prices.

The leaders of the US enjoy tellig stories to fools about the magic of a free market economy while the US takes advantage of these fools and derives very high income die to this policy of dumbing down politicians of the thrid world countries.

If you want to better understand how it is done then you need to read the book "Confessions of an economic hitman"