Gennady Zyuganov - We are obliged to warn the country about Putin’s impending default.

20 #03

   Gennady Zyuganov: we are obliged to warn countries
Well, about Putin’s impending default (material from the press
conference of G.A. Zyuganov on February 16, 2000)

   After many years of terrible production cuts,
industry last year gave an increase in the volume of industrial
new products by 8.1 percent. However, the analysis has so far
calls that all positive achievements are the result
tat of the activities of the Primakov-Maslyukov government.
On the contrary, the situation today is such that the country is facing
This is a repetition of the events of August 1998. Actually
In fact, the situation may turn out to be even worse.  This is sacred
due to the fact that the economy is slipping into depression
occurs against the backdrop of a sharp decline in household incomes
leniya. Real wages in 1999 decreased
decreased by 1/3, and the income of the population - by 15 percent -
Comrade Prices for essential goods have increased
by 80 percent. For the first time in recent years,
Half of Russia's population found themselves in poverty.

   1. Putin squandered all the positive foundations of his
Primakov-Maslyukov government.
   After August 1998, the "communist government
your Primakov-Maslyukov" (as the press called him)
managed not only to cope with the most acute crisis,
but also to ensure a sharp increase in industrial production
stva. What was done:
- Energy prices have actually been frozen and
services of natural monopolies
- Discount rates were reduced and the money supply was expanded
position- Exchange controls have been strengthened to reduce exports
for capital
- Rediscounting of promissory notes of manufacturing enterprises has begun
yatiy.
   As a result, the average monthly growth rate of pro-
industrial production from October 1998 to June
1999 amounted to 2.3% (from October to March - 3.3%).
What gave hope at the end of 1999 to get a re-
ral growth of industrial production from 30 to 47
percent.
   After the resignation of the Maslyukov-Primakov cabinet in
May 1999, almost a year under the governments of Stepa-
tire and Putin there was a sharp rollback. Namely:
- Under pressure from monopolists, new growth began
energy prices
- The Central Bank did not reduce interest rates accordingly
with a decrease in inflation, i.e. has risen sharply in price
loan
- Exchange control mechanisms were dismantled,
after which capitals “fled” from
countries
- Rediscounting of bills of exchange of enterprises was curtailed, i.e.
the channel of "cheap loans" is blocked
   Result: indicator of the average monthly growth rate
production growth began to decline rapidly and towards the end
The 1999 rate fell 4 times, to 0.6 percent.
   In just a year, the volume of industrial production increased
by 8 percent, and if the dynamics had continued,
laid down under the government of Primakov-Maslyukov, then
the result would be 3-4 times greater.  This is the price
missed opportunities. Putin's office is squandered
realized all the positive developments of the “communist” right-
governmentPrimakova-Maslyukova.

   2. Mavrodi’s image continues to inspire
      Putin's government

   The government is adopting the wrong experience and
solutions that have proven their effectiveness, and
completely different “ideas” and practices. The best proof of this is
the government's revival is sad
famous GKOs. This is already quite a significant action.
There is no need to talk further about any economic
chesical program. Everything becomes completely clear.

   What next awaits the country with the continuation of political
tics of the Putin government?   Only a new default.
If one of the creators of the 1998 default, Mikhail
Zadornov is shouting about the impending collapse of the ruble in April,
then how serious is the true state of affairs, everything
can understand without comment.
   For more than six months, Mr. Putin actually led
lives in the country. It was possible to accept the most daring eco-
economic decisions that are long overdue and re-
matured. But instead we see not just many things
constantly marking time, and even moving backwards.
Return to the vicious Yeltsin course. We are observing
There is an acute lack of professionalism in the government.
The government either cannot find new solutions
niya, or doesn’t want to. But anyway the result
deplorable.

   3. We bring storm awareness to the community.
economic warning

   In this regard, Zyuganov warned his compatriots
nikov about where politics is leading Russiagovernment
Putin's TV: to repeat August 1998. Country
this horror has already passed.

   We overcame the storm of autumn 1998 because
experienced sea wolves set sails for a hurricane -
wind and did not allow the waves to carry the ship onto the rock
ly. But then the wind died down. The cabin boys and re-
sewed: why be wise and strain yourself, let him carry it for himself
downstream. And ahead there are rocks again.

   "The media may remain silent and fail to convey to society the
There is a storm warning. But when after Putin-
Russian collapse, like in August 1998, all over again
will come to the communists with a proposal to save the country,
We will have a different conversation than Yeltsin had in his office.
no, when he begged Maslyukov to head the
government."

   Soon after August 1998, GKOs on the new Russian
com was deciphered as follows: “Gop-Company Obula.”   A
today it should be deciphered as follows: “Gentlemen, When
Will you come to your senses?"

   Our proposals are known. They are set out in the program
frame "The Way of Creation". Our approaches are implemented
were in the office of Primakov-Maslyukov. They are relevant
and today. Comparison of the company's operating results
"munist government of Primakov-Maslyukov"
and the current Putin is evident.

   Our team knows what to do and how to do it.

   Compatriots can be sure: with us
life will get better!

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