Latest interview with Rolo from Slavland Chronicles -

https://roloslavskiy.substack.com/p/red-list-23-facing-down-disaster#details

How old are these Patriot missiles that the Americans brought to Kyiv?

The wreckage of an abnormally fired Patriot PAC-3 anti-aircraft guided missile https://news.1rj.ru/str/infantmilitario/98612

Biden won't even be able to remember his name... Or Zelensky's! 😆

Увеличилось количество погибших и раненых в течение дня — на данный момент в результате обстрелов со стороны ВФУ погибло пять человек. Приношу соболезнования близким погибших.

24 человека получили ранения, среди них 13-летний подросток. Всем оказывается необходимая медицинская помощь.

Повреждены 25 жилых домов и пять объектов гражданской инфраструктуры.

HARD DAY FOR DONETSK - 5 KILLED, 23 WOUNDED TODAY, MAY 17TH.

May 17, 2023 As a result of the morning shelling of the Petrovsky district, 3 people were injured, 3 others died. The number of dead and wounded during the day increased - so far five people have died as a result of shelling by the AFU. 24 people were injured, including a 13-year-old teenager . Everyone gets the necessary medical care.

25 residential buildings and five civil infrastructure facilities were damaged.

Nazis shelled Petrovsky when people were going to work this morning. A shell hit a bus stop between the Trudovsky ("Laborers") neighborhood and Dobrovolskogo ("Volunteers") neighborhood on Petrovsky Blvd. A man was wounded, two people in their car stopped to help. A moment later, another shell slammed into the bus stop, killing them both.

Ilona Chmyruk was a golden person, a nurse who was known by all Petrovsky! Valery Generalov was a man from the village of Trudovsky, who recently buried his mother ....
And now he himself has become a victim of the Nazis!
Sergey Glazkin is wounded, we pray for his health!

The issue of our frozen gold and foreign exchange reserves has again become more active. Sergey Glazyev writes that he PERSONALLY warned the leadership of the Ministry of Finance and the Central Bank about the inadmissibility of placing funds in Western assets:

💬 "In 2014, I personally warned the leaders of the Central Bank and the Ministry of Finance about this threat. And then many more times. There were instructions to withdraw reserves from the dollar and the euro. On the contrary, they increased them the year before last. This was done meaningfully, with a full understanding of the risks. By essentially we are dealing with treason, if you call a spade a spade"

I will support the thesis of the Mobilization Economy that, unfortunately, since the 90s, our financial system has been set up in such a way that, in addition to pumping funds out of the country under various pretexts, it is not capable of generating something of its own .

Of course, the responsibility for what happened lies with the representatives of the financial authorities. However, even if you change specific personalities, little will change. Anyone who will promote projects of financial sovereignty, the liberals will simply gobble up. As a result, you will either have to come to terms with what is happening, or leave your position.

It is necessary to change the mechanism of functioning of the Russian financial system , to introduce new approaches and meanings. And, most importantly, change the goal setting so that the main task of the financial sector is to ensure the growth of the real sector of the economy and the level of well-being of citizens .

Otherwise, you can, of course, achieve some cosmetic changes, but the main problems will remain unresolved.

As a matter of fact, last year showed this perfectly, when, despite all the circumstances, the outflow of capital from the country turned out to be a record one and amounted to 227 (!) billion dollars. At the average annual rate, this is 15.5 trillion rubles. Even if this money would simply lie on bank deposits, it would still perform the useful function of increasing bank capital. This means that financial institutions could issue more loans at a lower rate.

And, yes, the question is not only about the money invested in Western assets, but also about the colossal amount of gold reserves , which at the beginning of 2022 amounted to more than $600 billion. Why it was necessary to withdraw so much money from the economy, no one has yet told.

Well, as for the Central Bank’s statement of March 2022, which says that “Keeping reserves within the country or spending them within the country is the same as having no reserves, no protection at all from external crises,” I will not analyze once again. Here, as they say, no comments .