“Operation F**k Putin” Hits a Wall, as the Russian Economy
Returns to Growth
By Mark Chapman
Take me back
won’t ya
Take me back won’t ya;
I’ll change my ways
Take me back won’t ya
Take me back won’t ya;
I’m not the same…
Bryan Adams, from “Take
Me Back” |
April 16, 2015 "ICH"
- Paul Robinson sent me a link yesterday
that made me laugh out loud. You remember
that scene in “Back to the Future”, when a
carload of bullies is chasing Michael J. Fox
on an improvised skateboard, and they run
into the back of a truck which
dumps about three-quarters of a ton of warm
cow shit through the convertible top?
Yeah, that was funny. Or the scene in “A
Christmas Story” where Ralphie Parker,
grunting angry profanity,
falls upon school bully Scut Farkus like
a wildcat on peyote and reduces him to
blubbering sobs? Poetic justice, how sweet
it is.
The bully getting his ass
handed to him is a perennially popular
concept. That’s why I laughed when I read
that the Russian economy
has quietly returned to growth, (thanks,
Paul) and added $10 Billion to its reserves
since it had to spend a ton of money to keep
things on the rails through Washington’s
determined attempts – aided and abetted by
its schoolyard quislings The United Kingdom,
Canada and Australia – to wreck the Russian
economy and cause so much human suffering in
Russia that the people would revolt and
overthrow their leader. Another humanitarian
regime-change effort, brought to you by
Shining City On A Hill Incorporated; it is
no wonder Kiev continues to try to smash the
east of its own country into submission. It
knows full well that democracy is just the
fig leaf the west uses to screen its loins
so nobody will notice that violence gives it
a boner.
The Russian economy has
begun to swing positive again, the
MICEX is up 17.97% on the year to date
(the NYSE is
up 2.48% over the same period). The
ruble gained 22.3% between February and
April of this year, and is
currently the world’s best-performing
currency. That might not be a long-term
trend, and the World Bank moans in agony
that Russia risks a two-year recession; but
Vladimir Putin, the Russian Federation’s
president and
Time Magazine’s pick for Most Influential
Person of 2015 has good reason to look
back in satisfaction over the past year or
so. Under his leadership, Russia has
outmaneuvered the clumsy west at every turn
– showing it up as having not only feet of
clay, but a head of cheese. And the best
part, I’m sure – from Putin’s viewpoint – is
that the west has brought it all upon
itself, stubbornly insisting on taking the
most damaging course every time over the
protests of many who could see what was
going to happen, but could only close their
eyes and brace for the crash. The Lord
of the Flies writ large – a triumph of
idiots.
Severstal Steel of
Cherepovets, we learn, has posted its best
profits in six years this quarter, on record
output; Severstal plans to hire 2000 new
workers this year to add to its 52,000
workforce. How’s U.S. Steel doing? Oh, dear
– not so well, I’m afraid; U.S. steel plants
are on a layoff spree, which they blame
on China flooding the world with
artificially cheap steel. If true, it seems
not to have hurt the Russian industry, which
is right next door. It strikes me that
failure to get China into some sort of
partnership before making a grab for Ukraine
was a singularly bad example of planning on
the west’s part, not to mention its
subsequent antagonism of China so as to
inspire and nurture a Sino-Russian
partnership. Just to put the icing on the
cake, the article complains about the
surging dollar and low energy prices, both
of which the U.S. government eagerly sought
as part of its latest master plan and
cheered, early on, as examples of its
strategic brilliance and global clout. As
U.S. steel exports languish, BRICS
partners China and Brazil
saw surging exports. Ever heard the
expression, “Success has a thousand fathers,
but failure is a bastard child”?
Who will respond with “It was my idea” to
the question,”Who thought it was a good plan
to start a trade war with a raw-materials
giant”?
Why do so many cheer
Washington’s stepping on its own dick and
doing an embarrassing faceplant? Because it
has transformed since the 1950’s from a
Force For Good to a Force For Its Own Good,
somewhere along the way turning into a bully
that forces its values on others where it
can and introducing regime change and
false-flag manipulations where it cannot.
Let me go on record here that it is
unfortunate Americans – who, by and large,
are decent people who normally wish nobody
harm and like to mind their own business –
must suffer the consequences of their
grotesquely unpopular government. But nobody
can pretend any longer not to know what is
really going on; not with the plenitude of
alternative news sites which cover what the
mainstream media won’t touch, not with the
admission at various times of the Ukrainian
Defense Ministry and – more recently –
French Intelligence that Kiev is not
fighting the Russian Army in Ukraine. The
myth of “Russian Aggression” is just another
hateful buzzword, like “Weapons of Mass
Destruction”, formulated to pressure a
gullible public’s go-along, simply because
nobody wants to be seen as for it.
There are some Russians in Ukraine, yes, and
it would hardly be surprising to learn they
were ex-soldiers considering they come from
a country with a conscript military. But I
would like to think that not a few
Americans, upon learning the government of
the country next door was butchering
civilians by indiscriminately firing heavy
weapons directly into populated areas, would
show up with the modern equivalent of the
squirrel gun to even the playing field. Such
Russians as are in Eastern Ukraine are not
there in an official capacity and have
demonstrated no interest whatsoever in
overthrowing the Ukrainian government. There
is no excuse for not knowing these things –
and, knowing them, how could anyone support
their continuation?
Something like 78% of
Russian companies on the MICEX outstripped
their foreign rivals for growth; Severstal’s
achievement is not a one-off. Meanwhile,
import substitution and a search for new
markets continues apace. Gazprom
announces a blacklist of over 400
western companies from whom it will no
longer purchase metal or engineering
products unless it absolutely cannot find a
domestic or non-western producer.
Belarusian and
Mordovian companies were eager to
cooperate, contributing to a potential $2.5
Billion in lost orders for western
companies.
On the agricultural front,
U.S. food exports to Russia slumped,
threatening a $1 Billion loss over the
year’s ban, while Canadian pork producers
squealed in dismay at a potential
half-billion in losses, right on the heels
of Canadian pork executives’ visit to their
third-largest market to attempt to boost
sales. The ban is only for a year, but kiss
those markets gone, baby, gone, because by
the time the ban lapses – if it is not
renewed – countries like Argentina will have
consolidated the former western share of the
market provided they can keep up with
business demand that saw beef exports alone
from Argentina
more than quadruple year over year, up
543%.
The auto market in Russia
was a slaughterhouse, but
American brands suffered a particularly gory
bloodbath; nearly all vendors
experienced losses – although Mercedes, BMW
and Lexus all saw gains – but sales of
Chevrolet fell 74% and Ford 78%, while sales
of the GM-owned Opel brand plummeted a
staggering 86% just in February alone, year
over year. Nine of the ten top-selling
models are locally produced.
But the Russian auto
market is
forecast to return to 2012 levels
between this year and 2017. Careful
marketing will net some companies, probably
Asian, a powerful and dominant market share
of the modest-income midsize market…but I
doubt very much they will be American or
British.
Despite the low oil prices
and the sanctions and the provocations and
the constant vilification in the western
press, Russia just puts its head down, and
keeps on keeping on, undeterred by the
playground antics and clamoring for
attention from its declared enemies. But
when the dust of this settles, it is likely
to remember who went out of their way to
stitch it up – the United States, the UK,
Canada and Australia. Probably, thanks to
the disgraceful betrayals of Merkel, Germany
as well to some degree. Others might be
forgiven on the grounds that they were just
dragged along by the pace of events and the
demands of their allies.
I saw Bryan Adams perform
the little tune that kicked off this post,
in the new Metro Centre Arena in Halifax,
Nova Scotia. He wasn’t a really big name
then, the way he is now – he had one album
out, “Cuts Like a Knife“, which is
still one of his best – and he was the
opening act for the headliners, Joan Jett
and the Blackhearts; it was the first
concert in the Metro Center. Halfway through
the song, he let the band kind of percolate
behind him as he injected a little story –
probably made up – about the cheating
girlfriend who had treated him like dirt and
now wanted a second chance. He paused for a
moment, and roared, “…and I said,
FUCK…YOU!!!!” as the crowd screamed its
approval.
I wonder who will be
singing “take me back, won’t ya?” in a year
or two on the geopolitical stage? I know who
it won’t be. And the likely response.
Mark writes a popular
blog about Russian politics, which is
critical of the anti-Russian bias in the
western media. He lives in British Columbia,
Canada.
https://marknesop.wordpress.com