AC,

I see that you are the self-appointed shill for the Russian invasion.

The reason that Russia has such a trade surplus is that they can't buy anything. No western factory machinery, no spare parts for most things, no computers/chips etc, and much of the world is still buying their energy products.

However, Russian exports other than oil have crashed, their arms exports have evaporated due to their poor performance on the battlefield, and the EU which previously purchased 50% of Russian oil is cutting back 75% of this in the next few months.

All this time while Russia's economy is winding down, the cost of the war is ramping up. In exchange for sluggish gains in the East and retreats in the north and south, Russia is continuing to lose thousands of men and huge quantities of armoured vehicles, artillery and aircraft most of which they cannot replace. They have raised the enlistment age ceiling from 40 to 50 and are now sending obsolete T64s to the front.

Meanwhile, the Ukrainians are receiving $bns of new weapons in more and more powerful formats, and I hear rumours that this might even include M1 Abrams tanks from the US's huge reserves.

Russia's blockade of the Ukrainian exports is having an effect on the world but the effect is on the non-aligned 3rd world and Russia is likely to lose far more friends than it gains.

There doesn't appear to be any shortage of funding for weapons to Ukraine but there's not enough for local spending on infrastructure, Health, Importing Education professionals with sense etc !

Now with Labor's Trillion dollar debt, instead of balancing the budget, they want to reach 2 Trillion.

Hey shadowminister,
"Now with Labor's Trillion dollar debt, instead of balancing the budget, they want to reach 2 Trillion."

Yeah that's fairly certain.
But I'm not a shill for the Russian 'invasion'
At least no more than you're a shill for collective western stupidity.
The west started the war in 2014.

http://www.rt.com/business/555940-imf-global-economy-warning/

>>The global economy is facing “its biggest test since the Second World War”, the managing director of the International Monetary Fund said at the start of the World Economic Forum in Davos.

Kristalina Georgieva said the conflict in Ukraine has “compounded the Covid-19 pandemic – a crisis upon a crisis – devastating lives, dragging down growth, and pushing up inflation.”

“Add to this sharply increased volatility in financial markets and the continuing threat of climate change, and we face a potential confluence of calamities,” she warned.<<

http://www.rt.com/business/556076-sugar-shortage-world-food-crisis/

>>The impact of the Covid-19 pandemic, which seriously undermined global supply chains, has been dramatically aggravated by the crisis in Ukraine and the subsequent sanctions imposed on Russia. The conflict between the two major grain exporters has disrupted global supplies.

A number of countries have moved to limit exports of other key commodities, putting global food security under threat, while risking further increases in the prices of agricultural products.<<

Maybe when 100 million people die of starvation and the Western worlds economies are completely destroyed, and a million businesses go bust, and everyone is living in tents then people like yourself might realise the folly in your poor leaps of logic.

Go buy a gun and shoot yourself in both feet.
- You may as well just get it over with right now.

http://www.news.com.au/finance/economy/australian-economy/gas-and-power-outages-to-sweep-australia-as-cold-snap-deepens-energy-crisis/news-story/3322404fe6f1f2de3133a0a206ecfdeb

http://www.news.com.au/finance/economy/australian-economy/ruinous-oil-and-gas-prices-could-lead-australia-into-recession/news-story/2bdb8b4b9b6152332baef62d44fc8751

"Australian gas prices are traditionally in the $3Gj range. Yesterday they hit $382Gj for a brief period as the wholesale market failed. We are now seeing the gas regulator fix prices in other states at $40Gj."

Tell me shadowminister,

DID I NOT TELL YOU ALL THIS YEARS AGO?

Lets have a quick look through my history.

Friday, 23 September 2016 8:35:37 AM
http://forum.onlineopinion.com.au/thread.asp?discussion=7472&page=0#230004

Friday, 20 July 2018 4:31:37 PM
http://forum.onlineopinion.com.au/thread.asp?discussion=8358#261834

Oh look, I found the video from 2013 showing the Ukrainian Parliament talking about the west trying to start a civil war in Ukraine - BEFORE THE MAIDAN, the old discussion I had with Canem Malum.
I'll add that to my YouTube favorites so I don't lose it again.
- Just so I can remind everyone where this mess started.

Go ahead and read all my messages on that thread.
- Or just type 'Ukraine' into my message history.

While you're there search for 'overthrow' as well.
http://forum.onlineopinion.com.au/thread.asp?article=17652#312119

How many bloody years have I been posting this damn article for?

Overthrowing other people’s governments: The Master List
'Instances of the United States overthrowing, or attempting to overthrow, a foreign government since the Second World War.'

http://williamblum.org/essays/read/overthrowing-other-peoples-governments-the-master-list

Tell me, when has my position changed?
It hasn't has it, so I'm not the shill am I, you are.
I've kept my principles and stood up for what I believe SINCE DAY 1.

http://www.reuters.com/business/russian-economic-growth-slows-35-yy-q1-rosstat-2022-05-18/

The Russian economy expanded by 3.5% year-on-year in the first quarter of 2022 after growing 5% in the previous quarter, data from federal statistics service Rosstat showed on Wednesday.

http://www.abc.net.au/news/2022-05-31/two-narratives-on-australias-economy-gdp/101112632
If you combine all of these GDP ingredients you can see why many believe the economy is stalling — or growing, but only ever so slightly.
We’ll find out the exact figure on Wednesday morning from the Australian Bureau of Statistics.
But, in the meantime, AMP says the “March quarter GDP is expected to be flat", while the NAB has the economy growing at 0.1 per cent for the quarter.
Investment bank JP Morgan has the top growth forecast so far of 0.5 per cent.
The crucial point here is that Australia’s economy is neither strong nor on any kind of sustainable growth trajectory.

http://www.abc.net.au/news/2022-04-21/recession-warning-bond-market-economic-downturn/101001956

>>Whether the US economy falls into recession or not, Australia has its own problems to deal with.
The Reserve Bank recently forecast that if it were to lift rates by 2 per cent, property prices could drop by a massive 15 per cent.
A fall of that magnitude would certainly make consumers feel a lot poorer – causing them to cut back on spending, and therefore slowing down the economy.
"I think there's a pretty decent chance of Australia going into recession," said Angus Coote, co-founder of Jamieson Coote Bonds.
"One of the things that certainly worries me about the Australian economy is that we've got a tremendous amount of people that wisely took out fixed rate loans at very low interest rates, sub-2 per cent.<<

Told you, one way or another, with Teal candidates and Business Council of Australia wanting to lift immigration to 220,000 year, everyone will either lose their houses or be living in tents soon.
Russia's food and energy costs won't be a problem for them.
So tell me, have you taken that gun and blown the feet off your legs yet?