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Russian gold and currency reserves up $3.1 bln in week. One more irritant for envioUS
At the times when the US rot in $54 TRILLION "account disbalance" (400% of the US GDP, worse than ALL THURDWORLDERS COMBINED), Russia coffers are overfilling with cash, and there's a lot more to come
Russian gold and currency reserves rise $3.1 bln in week 09:47 | 10/ 05/ 2007 MOSCOW, May 10 (RIA Novosti) - Russia's gold and foreign currency reserves increased by $3.1 billion to $372.1 billion in the week from April 27 to May 4, the Central Bank of Russia said Thursday. RIA Novosti - Russia - Russian gold and currency reserves rise $3.1 bln in week |
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Re: Russian gold and currency reserves up $3.1 bln in week. One more irritant for env
I don't know why they include dollars in gold and foreign currency reserves. Dollar is just a paper!
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Please watch this: Shocking video of results of Georgian attack on South Osetia CNN is spreading propaganda! American witness: "Not only Georgia, but also U.S. are responsible for the violence in South Ossetia" Mark Almond: It's simplistic to cast Russia as sole villain in South Ossetia clashes |
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Re: Russian gold and currency reserves up $3.1 bln in week. One more irritant for env
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and if Russia is doing so well, why is their indicators regards living standard, illiteracy, infantile death, life expectancy dropping like a rock?
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No individual can plan his own existence in their view. So the state planners must arrogate to themselves the right to manipulate any sector of the economic system if the good of “society” or the “general welfare” is paramount. Ipso- if the rights of the individual get in the way, the rights of the individual must be sublimated. The Road to Serfdom FA Hayek (interpretation) Mortgage Backed Security survivor |
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Re: Russian gold and currency reserves up $3.1 bln in week. One more irritant for env
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Just one indicator - real incomes. Real incomes (nominal incomes minus inflation) in Russia are getting bigger on 15-25% during last 7 years. For example, average salary in Russia by years: 1999 - 62$ 2000 - 79$ 2001 - 113$ 2002 - 150$ 2003 - 174$ 2004 - 237$ 2005 - 340$ 2006 - 460$ In Soviet Union, average salary (in comparable prices) was about 800$.
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Please watch this: Shocking video of results of Georgian attack on South Osetia CNN is spreading propaganda! American witness: "Not only Georgia, but also U.S. are responsible for the violence in South Ossetia" Mark Almond: It's simplistic to cast Russia as sole villain in South Ossetia clashes Last edited by MilleVanille; 05-10-2007 at 11:42 PM. |
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Re: Russian gold and currency reserves up $3.1 bln in week. One more irritant for env
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