Medvedev Watching the River Flow

» As it is, Russia barely does any trade with the US and EU, nearly all of it is under sanctions. Yet, our economy is growing 3% now. 

We’ll take the advice of Lao Tzu and sit by the river, waiting for the body of the enemy to float by.
The decaying corpse of the EU economy. «

 

Dmitry Medvedev, April 3, 2025.

A significant number of European politicians have succumbed to acute Russomania (also known as Russophobia)—a psychiatric disorder stemming from a bipolar affective exaggeration of Russia’s influence on the lives of Europe and Europeans. The condition typically alternates between two distinct phases: manic and depressive.

The manic stage is characterized by motor agitation, aggressiveness, and a tendency to provoke and attack stronger opponents without assessing one’s actual capabilities against the target of the attack. Sometimes, it ends in uncontrolled urination and defecation. Examples of patients in the manic stage include Macron, Starmer, Stubb, and several other European politicians.

 

From Third Reich to European Union.

The depressive phase is characterized by melancholy, emotional and physical fatigue, eating disorders, hypochondria, and self-harm. A patient in the depressive stage of Russomania may harm themselves, including self-sterilization (self-castration). At present, this stage is more commonly observed in women (Ursula von der Leyen, Kaja Kallas) or in hermaphrodites suffering from drug addiction (patients Zelensky, Saakashvili).

Treatment is symptomatic. Traditional medications are generally ineffective. The best therapeutic effect has been observed with the combined use of strong sedative drugs such as "Kalibr," "Onyx," "Iskander," and the powerful multi-component tranquilizer "Oreshnik." In particularly severe cases, nuclear neuroleptics such as "Yars" and "Sarmat" must be used.

 

Dmitry Medvedev, March 31, 2025.

 

See also:

 Martin Armstrong (March 21, 2025) - Europe's Date with Destiny: Collapse by 2029 is Inevitable.

Martin Armstrong (March 1, 2025) - Europe Will Go to War around May 15, Lose, and Euro Will Become Extinct.

Alex Krainer (March 18, 2025) - The Tragedy of Europe's Idiocracy.

China's Stock Market - The Short Version

Credits: Bloomberg

Natural Gas

In December 2005 Natural Gas traded at USD 15.78, and is now at its 17-year low at USD 1.79.
Natural Gas has been in a downtrend over the last two years and lost 73% of its value.
The average seasonal low should print in the first week of January January 2016.
The 4 Lunar Month cycle projects lows for Dec 20 (Sun), Dec 29 (Fri), and Jan 5 (Tue).

Race To The Bottom: Baltic Dry Index Collapsed To New All-Time Low

Freight rates have fallen to levels never seen before, 60% since August, and are currently 25% below the worst days of 2008.
 The Baltic Exchange’s main sea freight index (BDI), which gauges the cost of shipping cargoes including iron ore, cement, grain,
coal and fertilizer, fell to 551 points yesterday. Historically, the Baltic Exchange Dry Index reached an all-time high of
11,612 in August 2008 and a record low of 498 in November of 2015. Unlike stock and bond markets, the BDI is totally devoid
of speculative content and reflects the real economy, since people don't book freighters unless they have cargo to move.

Demographics as Destiny

Business Insider (Nov 30, 2015) - What the size of the world's workforce will be like in a decade is well predictable, since the future workers have already been born. Demographics have long been a key determinant of potential growth rates, but the change in the global population over the next few years is unprecedented. Japan's population started to shrink in the mid-1990s and Germany's started shrinking around the year 2000, but the world's most populous country, China, is now seeing its working-age population shrink for the first time. Though the overall global population will continue to grow for some time yet, the growth of the working-age population is slowing down pretty much everywhere. That's relevant for a bundle of reasons. Around the world there will be fewer workers to support a growing number of retirees. But it also has some economists expecting significant pressure on wages.

The sea of red and pink across the advanced world means contraction, no growth,
or slow growth. Only in a belt of the developing world (in Africa particularly)
is there any substantial expansion coming by 2020. Credits: HSBC (Nov 2015)
Enlarge

If employers have to fight for a group of workers that is growing more slowly, or even declining, they will need to encourage people to move, and their labour will be more valuable. Some countries, like Japan, Russia, and parts of Europe, have already entered the stage that the rest of the world is going into — and they've struggled with it. In Japan, slowing economic growth has made the county's ever-expanding pile of public debt more and more difficult to deal with, and the working-age population has already declined by 11.1% in the past 20 years. Smaller populations mean less demand and less potential output. More retirees relative to the number of working-age people means more fiscal pressure: greater expenditure on healthcare and less tax income. Globally, although working-age populations are still growing, HSBC expects global potential growth to be 0.6ppt lower per year over the next decade compared with the past decade given these demographic changes. Not great news for heavily indebted economies (see also HERE).

The Lowest Interest Rates in 5,000 Years

Sources: Bank of England, Global Financial Data, Homer and Sylla "A History of Interest Rates".