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Russia's economic Depression of the 1990s - lessons for ordinary Irish people


Partizan

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Jan 5, 2005
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7,830
[ame="http://www.youtube.com/watch?v=BuS5tiiGxJ8"]YouTube - On Russia's Economic Depression in 1990s[/ame]

This is a very informative video from Russian physicist and chess master, Sergei Vorojtsov who had first hand experience of Russia's economic collapse in the 1990s.

In the video he warns people that they must adjust and change to the new harsh reality and that waiting around hoping for things to get better is not an option. He states that many will have to change careers and become less dependent on the State, i.e. fend for themselves and their families. He warns of an increase in crime (of crime becoming mainstream)as criminal gangs replace the State, i.e. protection money.

The lessons in here for ordinary Irish people is very relevant. With our economy in a state of collapse, given the latest revelations from the DoF, many ordinary people (especially those dependent on welfare) are/will be unprepared to what is about to face them and indeed the rest of us.

Ladies and Gentlemen, things are about to get alot, worse. Prepare yourselves and in words of Emperor Honorius to the Britons, you must look to your own defences. Hang on tight.
 

Breadan O'Connor

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Joined
Jun 3, 2007
Messages
1,242
[
This is a very informative video from Russian physicist and chess master, Sergei Vorojtsov who had first hand experience of Russia's economic collapse in the 1990s.

In the video he warns people that they must adjust and change to the new harsh reality and that waiting around hoping for things to get better is not an option. He states that many will have to change careers and become less dependent on the State, i.e. fend for themselves and their families. He warns of an increase in crime (of crime becoming mainstream)as criminal gangs replace the State, i.e. protection money.

The lessons in here for ordinary Irish people is very relevant. With our economy in a state of collapse, given the latest revelations from the DoF, many ordinary people (especially those dependent on welfare) are/will be unprepared to what is about to face them and indeed the rest of us.

Ladies and Gentlemen, things are about to get alot, worse. Prepare yourselves and in words of Emperor Honorius to the Britons, you must look to your own defences. Hang on tight.

It has been estimated that there was an excess mortality of 5 to 6 million Russians in the decade following the fall of the USSR. The Legacy of Boris Yeltsin by Justin Raimondo -- Antiwar.com

And a prime reason for their deaths was the economic shock doctrine pushed by American advisors. Most of the profitable industries fell into the hands of the infamous oligarchs.
 

Partizan

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It has been estimated that there was an excess mortality of 5 to 6 million Russians in the decade following the fall of the USSR. The Legacy of Boris Yeltsin by Justin Raimondo -- Antiwar.com

And a prime reason for their deaths was the economic shock doctrine pushed by American advisors. Most of the profitable industries fell into the hands of the infamous oligarchs.
and what do you think is happening right now? The super rich are moving all their assetts offshore while parking their debts onto the Irish people via Nama. Like the Russian people, we are being screwed by our own naking-builder gombeen oligarchy courtesy of Zanu FF.

The greatest misappropriation of Ireland's wealth since the Cromwellian plantation is happening right under our noses and nobody is saying stop. We need these traitors out.
 

bayern

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Nov 24, 2009
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Other similarity being Russia under Yeltsin and Ireland under Cowen were being run by drunken idiots.
 

new jewell

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407
The thing that amazes me the most is that those who feel they will manage during the cuts, expect those who go under, to go under quietly.The charade of the next election will ware of quickly when we get more of the same.Interesting times ahead.Could idiots like George Hook live on social welfare, and yet he supports a sharp shock.Why not let the whole country live on social welfare out of patriotic duty for one year at least then we can say that the pain is spread equally.Any takers?
 

bormotello

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Aug 8, 2008
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The lessons in here for ordinary Irish people is very relevant. With our economy in a state of collapse, given the latest revelations from the DoF, many ordinary people (especially those dependent on welfare) are/will be unprepared to what is about to face them and indeed the rest of us.
The most important lesson is that Russia went out of recession only through default on private banks and state debt
 

Partizan

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Jan 5, 2005
Messages
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The thing that amazes me the most is that those who feel they will manage during the cuts, expect those who go under, to go under quietly.The charade of the next election will ware of quickly when we get more of the same.Interesting times ahead.Could idiots like George Hook live on social welfare, and yet he supports a sharp shock.Why not let the whole country live on social welfare out of patriotic duty for one year at least then we can say that the pain is spread equally.Any takers?
So true. Those (especially the Thatcherite wing nuts on this site) who advocate the shock therapy in which the poor, vulnerable and PAYE worker would get shafted would never survive on dole money because they have ived cosseted lives and have ever in their lives experienced austerity or what it is like to be poor.
 

Cassandra Syndrome

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Another tragic example of the Chicago School / Neo Liberal Shock Doctrine tactics. Of course the Clinton Administration backed Yeltsin. Greenie hypocrite Al Gore visited him and gave him his blessing for the illegal war criminal act of attacking Chechnya.

Al Gore visited Russia during the first day of the war in 1994 and promised Yeltsin unconditional US support in his genocidal campaign against Chechens. The next day Russian fighter-bombers and helicopter gun-ships completely destroyed the capital city of Grozny and numerous villages. Cowardly unfocused nighttime bombing went unpunished.

While claiming that Chechnya’s residents were Russian Federation citizens, Russian authorities unleashed an unprecedented racist propaganda campaign against Chechens as a people. Putin publicly accused them of having a "criminal character" and of running organized crime networks in Russia. Russian statists from Aleksandr Barkashov, the leader of the Russian National Unity Party, which styles itself a fascist party, to Alexei Arbatov, the leader of the so called Liberal wing of Russian Duma, all endorsed the war in Chechnya.

After the destruction, on December 27, 1994, Yeltsin announced that the bombing would stop. After all, there remain nothing more to bomb. The US Department of State praised this "goodwill gesture."
Why Russia Is Destroying Chechnya - Yuri N. Maltsev - Mises Daily

Gorbachev's gradual transformation to a market economy was the proper way of doing things.
 

ocoonassa

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I have heard it said by the economist Michael Hudson that the very same people who are on Obama's economic team are the same people who oversaw the Russian crisis and brought in "the biggest inequality and kleptocracy in modern times"

[ame=http://www.youtube.com/watch?v=3pwAFohWBL4]YouTube - Six Minutes with the Renegade Economist - Michael Hudson Special...[/ame]


The same thing is going on here. IMO we should be stopping the kleptocracy from proceeding rather than bitching about how they should cut us and how we might survive from their cuts.
 

Cassandra Syndrome

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It has been estimated that there was an excess mortality of 5 to 6 million Russians in the decade following the fall of the USSR. The Legacy of Boris Yeltsin by Justin Raimondo -- Antiwar.com

And a prime reason for their deaths was the economic shock doctrine pushed by American advisors. Most of the profitable industries fell into the hands of the infamous oligarchs.
Yeah the American Chicago School war hungry psycho spawn of Friedman came rushing in in the early 90s.

In the 80s there was a good team around Gorbachev, such as the Austrian school economist Yuri Maltsev that was behind perestroika. A gradual reform towards a market economy.

[ame="http://en.wikipedia.org/wiki/Yuri_Maltsev"]Yuri Maltsev - Wikipedia, the free encyclopedia[/ame]
 

clonycavanman

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I've often thought that too

There were parallels with Yeltsin's Russia over the past ten years:
a) the national interest was never considered
b) the country was governed in the interests of 'business', not the people
c) any foolish idea from abroad could become a guiding state policy, whether or not it applied to our circumstances
d) crime was allowed to escalate; partly by ineptitude, partly by turning a blind eye to it

All analogies break down of course; lending the equivalent of the national debt to speculators to 'invest' in zero-sum property gambles, was without parallel.
 

new jewell

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407
Naomi Kleins "Shock Doctrine" should be compulsive reading at this time.If only one could be dropped through every letterbox.Capitalism knows no bounds and takes no prisoners,every crisis is just another opportunity.Thirst,hunger, disease, shelter are all seen as money making opportunities.Value added just seems to mean I have it and you dont.
 
O

Oscurito

Helpfully moving the discussion to here:

They died because of the Capitalism that was imposed on them by the drunken Yeltsin and his Western string pullers.
An authoritative link, backing up your claim "that the average lifespan of Russians dropped 20 years in the 1990s, and it's still not up to what it was in 1970" would be handy.

20 years of life multiplied by a population of 120 million. Do the maths. That's a genocide.
We'll do the maths) when do you do the paperwork. Back up your assertion.
 

GDPR

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Helpfully moving the discussion to here:



An authoritative link, backing up your claim "that the average lifespan of Russians dropped 20 years in the 1990s, and it's still not up to what it was in 1970" would be handy.



We'll do the maths) when do you do the paperwork. Back up your assertion.

Google it if you're interested. I couldn't care less if you believe it or not.
 

GDPR

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Messages
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It has been estimated that there was an excess mortality of 5 to 6 million Russians in the decade following the fall of the USSR. The Legacy of Boris Yeltsin by Justin Raimondo -- Antiwar.com

And a prime reason for their deaths was the economic shock doctrine pushed by American advisors. Most of the profitable industries fell into the hands of the infamous oligarchs.
Milton Friedman was one of those Western "advisors" (actually terrorists) who led the drunken criminal Yeltsin by the nose. Put that with Friedman's "advice" to Pinochet in Chile, and you have a man who was actually responsible for the deaths of millions of people. What a pity that Friedman was allowed to die in his bed instead of being hung as a war criminal.
 

GDPR

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Messages
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I have heard it said by the economist Michael Hudson that the very same people who are on Obama's economic team are the same people who oversaw the Russian crisis and brought in "the biggest inequality and kleptocracy in modern times"

[ame=http://www.youtube.com/watch?v=3pwAFohWBL4]YouTube - Six Minutes with the Renegade Economist - Michael Hudson Special...[/ame]


The same thing is going on here. IMO we should be stopping the kleptocracy from proceeding rather than bitching about how they should cut us and how we might survive from their cuts.

Michael Hudson is always worth listening to. A brilliant man.
 

daveL

Well-known member
Joined
Oct 29, 2010
Messages
19,593
[ame="http://www.youtube.com/watch?v=BuS5tiiGxJ8"]YouTube - On Russia's Economic Depression in 1990s[/ame]

This is a very informative video from Russian physicist and chess master, Sergei Vorojtsov who had first hand experience of Russia's economic collapse in the 1990s.

In the video he warns people that they must adjust and change to the new harsh reality and that waiting around hoping for things to get better is not an option. He states that many will have to change careers and become less dependent on the State, i.e. fend for themselves and their families. He warns of an increase in crime (of crime becoming mainstream)as criminal gangs replace the State, i.e. protection money.

The lessons in here for ordinary Irish people is very relevant. With our economy in a state of collapse, given the latest revelations from the DoF, many ordinary people (especially those dependent on welfare) are/will be unprepared to what is about to face them and indeed the rest of us.

Ladies and Gentlemen, things are about to get alot, worse. Prepare yourselves and in words of Emperor Honorius to the Britons, you must look to your own defences. Hang on tight.
what?
 

GDPR

1
Joined
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Messages
224,093
Ireland's economy is effectively in collapse. Only the money laundering operations parked here are hiding that fact in the GDP figures. Wait until interest rates start to rise - bond yields already on the rise - and the interest on that hundred billion we gave as a present to the Oligarchs will start to suck the life out of what's left of the economy. Add to that Trump making it more difficult for US companies to use Ireland as a tax haven, and we will have some very interesting times ahead.
 
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