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Mordor: Capitalists have no homeland
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  • Capitalists hope to reduce cross border trade for individual users

    Participants of the Eurasian Economic Commission will discuss on November 18-19 the possibility of reducing the duty-free threshold for parcels from abroad to 20 euros - now it is 200 euros, until 2019 it was equal to 500 euros, and earlier - 1000 euros.

    The threshold is planned to be reduced gradually - it will reach 20 euros by 2024, and even for parcels that fit into this cost and weigh up to 31 kilograms, it is still planned to charge a fee of 1 euro.

    At the same time in the EU

    From July 1, new rules for deliveries from third countries come into force in the European Union - all parcels delivered from third countries (China, USA, Great Britain and others), including low-cost (up to 22 euros) shipments, will be subject to value added tax to which the import exemption is currently applied.

  • The share of imported products in the Russian non-food retail is up to 75%. This is stated in the research of the ISMU HSE.

    The Institute of State and Municipal Administration of the National Research University Higher School of Economics conducted a study on the assessment of imported goods in retail trade in Russia. Food products, cars and fuel were excluded from the calculations, the article says.

    Over the past five years, this indicator has remained fairly stable and practically unchanged. The highest share of imports remains in the structure of retail sales of auto parts, children's games and toys (over 90%), as well as clothing and footwear (80-90%).

    The share of imports in retail sales of clothing decreased slightly - from 86.1% in 2017 to 82% in the first half of 2021. Sales of sporting goods (48%), household chemicals and cosmetics (57%), as well as household goods depend to a lesser extent on imports. Although even in these categories, since 2017, there has been a slight, but stable increase in the share of imports. Despite the rupture of logistics and commodity chains caused by the coronavirus pandemic, the share of imports in Russian non-food retail has not decreased. In 2020, the share of imports even increased slightly compared to 2019 - up to 75.8% from 73.5%, the message adds.

  • Vegetables prices in Mordor

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  • In 2021, Russian banks can set a historic record for the issuance of car loans to the population by approving contracts for more than 1 trillion rubles. In January-October, the volume of approved loans in this segment has already reached 924 billion rubles. (one and a half times more than in the same period last year), and the demand for the purchase of cars remains high, despite the rise in prices.

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    Since 2014, against the background of a weakly growing GDP, real incomes began to decline or show very weak growth within 1% (in 2018-2019). In "pandemic" 2020, the decline in real income accelerated to 2.8%. However, if we compare with 2013 (when the growth of real incomes actually stopped), then incomes are now lower by 9.7%

    Note that real income measured here is bullshit as government removed lot of product categories that had most significant inflation to make it look much more pretty. In reality income drop for usual worker reached 30-35%.

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  • The population of Russia will decrease by a million people due to impoverishment, said Dmitry Lyubomudrov, a member of the Council for Financial, Industrial and Investment Policy of the Chamber of Commerce and Industry (TTP).

    Speaking about the losses, he pointed out that an unnatural population decline is taking place in the country, and it is not explained either by the coronavirus pandemic or by any other external factors. “The growth of the birth rate is hindered by the decline in real incomes of citizens,” said Lyubomudrov.

    Surprize.

  • Profit of capitalists by industry

    Record holder - "Administrative activities and related additional services" with an increase of 306% compared to the first half of 2019.

    In second place is "Manufacturing" with profit growth - 49%. They also have the largest share - 20.2% of the total profit. In the subsectors of manufacturing industries, the largest growth in profits occurred in the following industries: precious metals (498%); tobacco products (436%); coke (282%); medicines and medical supplies (224%);

    Other industries with big increases (apart from sheet, pipes, hollow sections and fittings) - steel products of primary processing (225%); sugar (134%); wood processing, except for furniture production - 108%; aircraft, including space, and related equipment (105%).

    Among the subsectors in other industries, good profit growth is shown by "postal and courier activities" - 212%, and "wastewater collection and treatment" - 142%.

  • Prime Minister Mikhail Mishustin approved a decree according to which the cost of providing overhaul services may change by no more than 25% due to the rise in prices for building materials by the end of this year. The document was published on the Internet portal of legal information.

    Since the beginning of the year, the cost of building materials, glass and metal in Russia has grown by 150-300%. This led to a significant increase in the cost of construction and required additional expenditures of budgets of all levels in the implementation of objects of federal, regional and other programs.

  • Semiconductor division of Samsung in the third quarter increased its operating profit by 79% to $ 8.3 billion according to the forecasts of experts.

    But they love you...

  • According to Rosstat, by the end of 2020, the real money income of the population sank by 2.4% by 2019.

    If we count to the level of 2013, then at the beginning of 2021 the real income of the population has already been only 91.73% of 2013 level.

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  • In August 2021, Russian banks issued cash loans for a record amount of 612 billion rubles, which is 4.6% more than in the previous month and 32.5% more than in August 2020. This is stated in the message of the press service of the United Credit Bureau (OKB).

    The bureau noted that this is the maximum amount of funds received by borrowers in this segment in one month, in the entire history of the banking sector. The previous record was set in April - then borrowers took out loans for 610 billion rubles. Compared to July 2021, the volume of funds provided by banks increased by 5%, compared to August 2020 - by 32%, and compared to August 2019 - by 40%.

    This is very dangerous.

  • In order to repair communal systems, the authorities want to increase the tariffs for housing and communal services, the Izvestia newspaper reported with reference to the minutes of the meeting of Deputy Prime Minister Marat Khusnullin. At the same time, measures are being developed to provide targeted support for paying utility bills to certain categories of citizens.

    We are talking about bringing tariffs to "economically justified". According to Pavel Sklyanchuk, an expert from the ONF thematic platform “Housing and the Urban Environment”, the increase in tariffs may exceed inflation.

    Most of the money are going to thieves already, but they want more.

  • Mordor population is shrinking

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  • It is rather late to help the current pensioners, it is necessary to stimulate citizens by the time of retirement to rely not only on the state, but also on the capital formed during their life. This was stated by the first deputy chairman of the Central Bank Sergei Shvetsov at an expanded meeting of the Federation Council Committee on Economic Policy.

    "Helping pensioners, my personal opinion, is a little late. Helping a citizen needs to retire with a good pension project, which, first of all <...> must be formed by the citizen himself throughout his life. This is called capitalism. When a person retired, relying completely on the state, this is socialism. We are rather closer to our Soviet past in this regard, and the proposal of the Central Bank and the Ministry of Finance is to start this transformation, "said the representative of the regulator.

    Parasite told all pretty clear - they want to abolish any pension funds.

  • Banks provided in August 1.82 million inappropriate consumer loans (loans "cash"), follows from the data of the United Credit Bureau (OKB). This is an absolute record for the number of loans issued per month in the entire history of the banking sector, since 1991.

    Russians are taking out a record number of loans for the third month in a row. In June 2021, banks issued 1.67 million cash loans, in July - 1% more (1.69 million). Compared to July, issues in August increased by 8% at once.

    In January-August, banks provided borrowers with 12.5 million cash loans, which is 40% more than in the same period last year (8.9 million loans).

  • According to UN estimates, the number of officially hungry and malnourished in Ukraine has grown by 200 thousand people since last year. Given the stalemate in the Ukrainian economy, this figure threatens to grow exponentially in the near future.

    UNICEF states that 9.8 million Ukrainians experience a shortage of food and money for it - every fourth resident of the country who is not officially recognized as starving or destitute in Ukraine. UN economic experts have found out that the minimal set of products intended simply for physical survival now “eats up” about 40% of the income of every Ukrainian or one household. According to this indicator of the well-being of citizens, Ukraine is in the worst place in Europe.

    In the European Union and the United States, it is considered: if a working healthy person spends up to 40% of his earnings on simple products so as not to die of hunger (bread, potatoes, cheap pasta, etc.), this person is an actual beggar.

    Consumer prices for bread and cereal products soared in 2021, despite this year's record grain harvest in Ukraine. Purchase prices for imported wheat increased by 16%, for foreign corn - by 27%. At the same time, producers' selling prices for corn grits increased by 24%, for millet grits - by 13%, for peas - by 20%, and for barley grits - by 31%. Prices for fresh cabbage by the current year have grown by 12%, for carrots - by 23%, for beets - by 49%. In a country where natural conditions only contribute to the breeding of cows and dairy farming, butter has risen in price by 9% in 2021, fresh premium milk - by 14%. Sugar, which Ukraine traditionally produces, costs 30% more than in the European Union.

    In Ukraine, pork and all products made from it, including the famous Ukrainian lard, are becoming a luxury item. Domestic prices for sunflower oil have sharply increased this year. Although Ukraine is one of the main producers of sunflower oil in Europe.

  • The aggregate fortune of Russian billionaires increased by $40.05 billion in January-August this year, according to the Bloomberg Billionaires Index.

    The most significant growth in wealth since the beginning of the year was recorded in Novatek co-owner Leonid Mikhelson, who is on the second line of the rating among Russian billionaires. Since January, his fortune has grown by $ 6.99 billion to $ 31.8 billion.

    The main owner of Severstal, Alexei Mordashov, has become richer by $ 5.83 billion. He now has $ 28.9 billion. It ranks third on the list.

    The first place among Russian billionaires was kept by one of the main owners of Norilsk Nickel, Vladimir Potanin, since the beginning of the year he has become richer by $ 2.48 billion, his fortune amounted to $ 32.5 billion.

    The fourth place was taken by the beneficiary of NLMK Vladimir Lisin, whose fortune grew by 4.59 billion to 28.4 billion.

    Fifth place was taken by Gennady Timchenko, who owns stakes in Novatek and Sibur, he became richer by $ 4.94 billion, to $ 21.6 billion.

    The sixth in the list is the co-owner of Lukoil Vagit Alekperov, his fortune since the beginning of the year has grown by $ 3.85 billion to $ 21.1 billion.

  • The Russian edition of Forbes magazine has published a rating of the richest family clans. In total, the list includes 10 families. Their combined fortune grew by $ 16.1 billion to $ 42.9 billion.

    For the first time, the list was headed by the family of the richest woman in Russia, Tatyana Bakalchuk. According to Forbes, the Wildberries company, of which Bakalchuk is the general director, was immediately built as a family-owned company, but formally all 100% belonged to Tatiana. Only on December 31, 2019, she handed over to her husband Vladislav a share of 1%, which made it possible to include their family in the rating. The magazine estimates the total fortune of the Bakalchuk family at more than $ 13 billion.

  • The number of Russians with active loans from microfinance organizations (MFOs) has increased by 2.26 million people, or 23.5%, since the beginning of the year, according to statistics from the largest self-regulatory organization on the market, MiR (RBC has data). At the end of the second quarter, there were 11.87 million MFI borrowers in the country. Over the entire pandemic 2020, the base of active clients in this segment grew by 9.5%, or by 835 thousand people.

    According to Rosstat, in the second quarter of 2021, the workforce in Russia reached 75.3 million people, that is, MFO borrowers account for 15.8% of the economically active population.

  • Gasoline continues to rise in price in Russia. Since the beginning of 2021, fuel prices of the AI-92 and AI-95 brands, popular among taxi drivers, have grown by 16%, and since 2020, the growth has been more than 20%.

    Over the same period, maintenance costs for cars in general increased by almost 15%, and taxis in particular, by almost 20%.

  • The Association of Confectionery Industry "Askond" announced an increase in prices for domestic transportation by 10-15%, for international it is 24-160%.

    Director of the Potato Union Aleksey Krasilnikov said that in a number of directions there is an increase in the cost of transportation by at least 20-30% compared to last year, and in some cases - twice due to the lack of transport and drivers from the CIS countries.

  • The real disposable income of Russians, calculated in kilograms of potatoes, fell by 26.6% over the year. In the first half of 2021, citizens could purchase 1,232 kilograms of potatoes with an average monthly salary, which is almost 450 kilograms less than in the same period last year, according to a study by the international audit and consulting company FinExpertiza.

    It is also noted that the most significant decrease in the purchasing power in terms of potatoes was observed in the Kaliningrad region - by 53.9%, or 1.04 tons of potatoes.

    The Altai Republic took the second place in the rating - 44.8%, or 565 kilograms.

    The third is the Kostroma region - by 44%, or 568 kilograms.

  • The combined wealth of the richest Mordor oligarchs has grown by almost $ 40 billion since the beginning of the year.

    Top gains:

    • The main owner of Severstal, Alexei Mordashov: plus $ 6.14 billion since the beginning of the year, total fortune - $ 29.2 billion, 51st place in the general list of billionaires;
    • The head of NOVATEK Leonid Mikhelson: plus $ 5.82 billion since the beginning of the year, total fortune - $ 30.6 billion, 47th place;
    • The main owner of NLMK, Vladimir Lisin: plus $ 5.48 billion since the beginning of the year, total fortune - $ 29.3 billion, 50th place;
    • Member of the board of directors of NOVATEK and Sibur Gennady Timchenko: plus $ 4.52 billion since the beginning of the year, total fortune - $ 21.2 billion, 89th place;
    • LUKOIL President Vagit Alekperov: plus $ 4.01 billion since the beginning of the year, total fortune - $ 21.3 billion, 87th place;
    • President and co-owner of Norilsk Nickel Vladimir Potanin: plus $ 3.36 billion since the beginning of the year, total fortune - $ 33.4 billion, 42nd place;
    • The largest shareholder of USM Holdings Alisher Usmanov: plus $ 3.11 billion since the beginning of the year, total fortune - $ 21.1 billion, 91st place.
  • To keep exports of resources and energy government reduced number of new build homes

    And since June almost all personal homes projects are also stopped due to 200-300% inflation on materials.

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  • Carrot price chart

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    Note that all huge profits go to the pockets of huge trade and logistics monopolies.
    People who grow carrots can get 10-15% from final price until they are also big agro holding owned by oligarchy.

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