President Putin held a thirty-minute press conference at the Summit’s conclusion where curiosity focused on the closed session and geopolitical issues:
Putin knows that the NATO 5% is a myth. There is no way the EU/UK economies can support this without political suicide. It will never happen. So there is no point in Russia changing its budget focus.
Yes, that’s one aspect. The other is Russia has built up a huge reserve of armaments and returning to its pre-2022 production amounts is still much greater than NATO can produce in numbers and quality. Plus, the DPRK is now a supplier of some fundamental ammo that also alters the equation. Currently, the RCB is in the process of cutting its rate to create the “soft landing” for the Russian economy now that the main inflationary issues are mastered.
G'day Karl, I am amazed the Kremlin will continue negotiations with the nazi hohols and at the same time lessen military spending whilst acknowledging the EU nations intend to increase theirs.
I see a disconnect here as he also reminded us of the Minsk treachery, I am perplexed by the machinations of the Kremlin.
You might consider what Russia has already produced plus its newest partner in military wares production—DPRK. Plus, there’s the fact of NATO weapon inferiority and lack of industry to produce, which makes it dependent on the Empire’s shitty overpriced weapons. Do read this very recent chat between Ben Norton and Michael Hudson as it provides backing for my assertions, https://www.geopoliticaleconomy.report/p/war-iran-us-unipolarity-michael-hudson/comments
Well WTFUD I surely hope it is as simple as you suggest with VVP announcing the reduction in military spending and inflation still present with very low unemployment hence future pay demands and Nabiullina with her very high interest rates. Look at Trumps attack on Powell for 4.25% and the Rostec official declaring import substitution is unrealistic whilst VVP says do not expect sanctions to be lifted well something is amiss here and negotiations with the hohols are to go a third round. He mentioned the treachery of Minsk 1 and 2 but still is being blinded to continue the negotiations. Simple it is not in my eyes but DILLIGAF is not my way.
The cost of producing a shell/missile in the West is 900% more expensive than in Russia. I also have it on very good authority that similar percentages (1:10) exist for tanks & IFV's.
Obviously this has something to do with procuring materials at source and lower, much lower energy costs, not to forget wage differentials and the fact that Russia are producing armaments 3/4 times more quickly than the EU combined.
Now should Russia decide to quit selling enriched uranium to Uncle Sham then where else will they procure the necessary quantities required to feed their 96 nuclear power stations (around 18% of their electricity consumption/production)? Not France who've just lost 20% of their production in Niger!
China as you've probably read recently have halted exports of a number of rare-earth elements crucial for arms/other industry.
Well I hope the cost advantage over NATO etc helps correct RFed economic situation and import substitution problems so they can become autarkic and can dislodge Nabiullina from under VVPs wing as she is not a supporter of a patriotic Russia but WEF banking fellow and like minded so in 18 months your prognosis comes to fruition. Positive attitudes foremost.
I communicated recently with some colleagues in East Germany and the impression I came away with is that they want their wall back.
Putin knows that the NATO 5% is a myth. There is no way the EU/UK economies can support this without political suicide. It will never happen. So there is no point in Russia changing its budget focus.
Yes, that’s one aspect. The other is Russia has built up a huge reserve of armaments and returning to its pre-2022 production amounts is still much greater than NATO can produce in numbers and quality. Plus, the DPRK is now a supplier of some fundamental ammo that also alters the equation. Currently, the RCB is in the process of cutting its rate to create the “soft landing” for the Russian economy now that the main inflationary issues are mastered.
I agree with your last point especially, Karl.
It drives me nuts that western countries are now going to put 5% of their GDP into NATO, which means yet more austerity for the rest of us.
I wish our countries could be managed economically as well as Russia.
thanks karl.. the direct words of putin are invaluable.. my appreciation for all this and your summarizing all this at the end too.. thanks...
G'day Karl, I am amazed the Kremlin will continue negotiations with the nazi hohols and at the same time lessen military spending whilst acknowledging the EU nations intend to increase theirs.
I see a disconnect here as he also reminded us of the Minsk treachery, I am perplexed by the machinations of the Kremlin.
You might consider what Russia has already produced plus its newest partner in military wares production—DPRK. Plus, there’s the fact of NATO weapon inferiority and lack of industry to produce, which makes it dependent on the Empire’s shitty overpriced weapons. Do read this very recent chat between Ben Norton and Michael Hudson as it provides backing for my assertions, https://www.geopoliticaleconomy.report/p/war-iran-us-unipolarity-michael-hudson/comments
The SMO will be over in 12-18 months so obviously the wheels on the bus will come/grind to a halt. Simple!
Well WTFUD I surely hope it is as simple as you suggest with VVP announcing the reduction in military spending and inflation still present with very low unemployment hence future pay demands and Nabiullina with her very high interest rates. Look at Trumps attack on Powell for 4.25% and the Rostec official declaring import substitution is unrealistic whilst VVP says do not expect sanctions to be lifted well something is amiss here and negotiations with the hohols are to go a third round. He mentioned the treachery of Minsk 1 and 2 but still is being blinded to continue the negotiations. Simple it is not in my eyes but DILLIGAF is not my way.
Let's examine the facts comrade rakyat.
The cost of producing a shell/missile in the West is 900% more expensive than in Russia. I also have it on very good authority that similar percentages (1:10) exist for tanks & IFV's.
Obviously this has something to do with procuring materials at source and lower, much lower energy costs, not to forget wage differentials and the fact that Russia are producing armaments 3/4 times more quickly than the EU combined.
Now should Russia decide to quit selling enriched uranium to Uncle Sham then where else will they procure the necessary quantities required to feed their 96 nuclear power stations (around 18% of their electricity consumption/production)? Not France who've just lost 20% of their production in Niger!
China as you've probably read recently have halted exports of a number of rare-earth elements crucial for arms/other industry.
I could go on but you get the drift . . . .
See this video and the long comment about titanium here, https://smoothiex12.blogspot.com/2025/06/the-key.html
We'll hello that's me again . . .
Never miss an episode of Martyanov Karl
Agree. You never know what you’ll find. Too bad the link to the article posted in comments is dead. Vertical organizing is the way to go.
Well I hope the cost advantage over NATO etc helps correct RFed economic situation and import substitution problems so they can become autarkic and can dislodge Nabiullina from under VVPs wing as she is not a supporter of a patriotic Russia but WEF banking fellow and like minded so in 18 months your prognosis comes to fruition. Positive attitudes foremost.
Your opinion of Nabiulina is dead wrong.