Maxim Oreshkin autobiography. Maxim Oreshkin - a minister who does not know how to be invisible

https://www.site/2019-07-11/samyy_molodoy_ministr_ekonomicheskogo_razvitiya_rf_maksim_oreshkin_profayl

“Putin’s favorite” with presidential ambitions

Maxim Oreshkin is a minister who does not know how to be invisible. Profile

Kremlin website

Russian Minister of Economic Development Maxim Oreshkin is going on an unusual business trip. The official will go to the single-industry towns forum in Tolyatti driving a Lada Xray. About the format of the trip told on his Instagram, which surprised his followers a lot. “Not every minister will do this,” user sagradjan noted in the comments.

On the way to the motor city, Oreshkin plans to communicate with ordinary citizens, and also prepare “a position for the final decision on the choice between the construction of a new toll highway Moscow-Kazan and the complete reconstruction of the M7 highway.” Such original behavior of a federal minister is not new to people who follow his career. Oreshkin often gives the media interesting informational reasons. For example, in March of this year, he and his family took a ride on the subway. A couple of years ago, Oreshkin held the final conference of the Ministry of Economic Development, where, instead of the usual round tables and discussion platforms for such events, an awards ceremony and a concert by rapper Basta took place.

Oreshkin is called “Putin’s favorite,” he is not afraid to enter into public discussions with other members of the government, does not seem to strive for wealth, and at the same time does not hide the fact that he would like to serve as president of the Russian Federation..

Biography and family

Maxim Oreshkin was born on July 21, 1982 in Moscow. In 2004, he graduated from the Higher School of Economics (HSE) master's program in Economics. The career of the future minister was rapid. He managed to work at CJSC Credit Agricole Corporate and Investment Bank, the Central Bank, Rosbank, VTB Capital, after which in 2013 he was appointed director of the long-term strategic planning department of the Ministry of Finance of the Russian Federation. Two years later, Oreshkin received the post of Deputy Minister of Finance of Russia. Oversaw macroeconomic issues in the budgetary area, risk analysis in the budget system, revenue assessment and forecasting, and monetary policy issues.

On November 30, 2016, Vladimir Putin appointed him Minister of Economic Development instead of the suspended Alexey Ulyukaev, who became involved in a $2 million bribe case. At that time, Oreshkin was 34 years old. Thus, he became the youngest Minister of Economic Development of the Russian Federation. Now he is also the chairman of the board of the Center for Strategic Research and a member of the supervisory board of Sberbank.

In the spring of 2018, after Putin’s victory in the presidential elections of the Russian Federation, Oreshkin retained his post in the government, and was later included by the US Treasury Department in the so-called “Kremlin report,” which lists officials and businessmen close to the head of state.

The minister's parents work at universities, and his older brother is an investment banker. Oreshkin is married and has a daughter. He speaks English and is a fan of the Moscow football club CSKA. Unlike other high-ranking Russian officials, Oreshkin actively maintains his pages in Instagram And Facebook, constantly answers questions from subscribers.

The Oreshkin couple has one of the most modest incomes in the Cabinet. Judging by the minister’s declaration, in 2018 he earned 21.6 million rubles (for comparison: the head of the Ministry of Agriculture Dmitry Patrushev - 183.7 million rubles, the head of the Ministry of Industry and Trade Denis Manturov - more than 443 million rubles), and his wife declared only 600 rubles. However, she owns an apartment and two foreign cars - a Land Rover and a Range Rover Evoque, while Oreshkin has shares in a small apartment, a residential building and a plot of land.

"Putin's new favorite"

In 2017, Bloomberg called Oreshkin “Putin’s new favorite.” The minister himself then stated that he was creating a “ministry of the future”; its key task was to attract strong people and “create an environment for development for them,” but Oreshkin did not answer the question of whether he was the favorite of the President of the Russian Federation.

Maxim Oreshkin's Facebook page

Oreshkin spoke about his presidential ambitions in March 2019, speaking with students at the Academy of Journalism. He hinted that he would be interested in serving as President of Russia. “I’ve always said that I haven’t done much in my position yet. Therefore, I can only talk abstractly. Any manager would definitely be interested in the work of the president in terms of essence and content,” the minister said.

According to him, the main thing in the work of the president is “is there any benefit for the country and people,” while Oreshkin understands that the position of head of state is “absolutely monstrous in terms of workload.”

Criticism of Oreshkin

Oreshkin often enters into public or correspondence discussions with other members of the Russian government, officials and politicians. A striking recent example is a dispute with the Chairman of the Central Bank, Elvira Nabiullina, over the risks of unsecured lending. Oreshkin believes that if the growth rate of consumer lending does not change, then a recession may begin in Russia as early as 2021. The head of the Central Bank does not agree with him and states that the situation is not critical and does not pose risks for the country’s economy. At the same time, Nabiullina makes an attack on Oreshkin, saying that it is necessary to increase the growth rate of income of the population and solve the problems of the labor market, then people will not take out loans.

State Duma website

At SPIEF 2019, Oreshkin entered into controversy over the case of Baring Vostok founder Michael Calvey, who is accused of fraud. The head of the State Duma Committee on Budget and Taxes, Andrei Makarov, criticized the minister for not speaking publicly about Calvey for a long time, and then said that the entrepreneur’s house arrest is “a good sign for the investment climate.” At the same time, the head of the Accounts Chamber, Alexei Kudrin, called Calvey’s arrest “a shock for the economy - since the beginning of the year, the outflow of capital from Russia has doubled,” and he was supported by the chairman of the board of directors of Tinkoff Bank, Oleg Tinkov. The chairman of the board of Sberbank, German Gref, spoke in favor of Calvey's release.

Another unpleasant moment for Oreshkin was his visit to the State Duma in March 2019, where he read out a report on the priorities of the socio-economic development of the Russian Federation. The minister's speech was abruptly interrupted by the Speaker of Parliament Vyacheslav Volodin. He considered that Oreshkin was not sufficiently prepared and failed to reveal the stated topic, so the deputies decided to postpone the minister’s report.

Convinced optimist

Oreshkin likes to make “calming” statements. For example, when American sanctions against Russia were expanded in April 2018 and the ruble exchange rate began to fall at a record pace, the minister said that the current situation was a good test for the government and the Central Bank. “If you look at what is happening from a global perspective, yes, there is volatility in the market, but this is normal,” the official expressed confidence, and in September he already advised citizens to sell dollars and buy rubles, “because there is stability in the country.”

A year earlier, the minister said that real estate had become available to Russians as never before. At the same time, he has repeatedly said that the decline in real incomes of the population, which has been going on for six years, is not such at all. Oreshkin believes that it’s all about the calculation methodology, and in fact there is an increase in income.

Kremlin website

By the end of 2019, the minister expects economic development to accelerate. At the same time, at SPIEF 2019, Oreshkin gave the Russian economy a “three” on a ten-point scale, noting that “Russia has room to grow.” In his forecasts, he turned out to be more optimistic than other participants in the plenary session (for example, the director of the State Secretariat for Economic Affairs of Switzerland, Marie-Gabrielle Ineichen-Fleisch, gave her country an “A”).

Some political scientists call Oreshkin the most honest of the current ministers. They recall the statement he made in June 2018 that his ministry was preparing a block of “unpopular decisions.” In 2019, the government approved an increase in housing and communal services tariffs in two stages, a pension reform was adopted, and from January 1, 2019, the VAT rate increased from 18% to 20%. At the recent Gaidar Forum, Oreshkin called the level of economic inequality in Russia “unacceptably high.” He said that this trend is dangerous because some segments of the population are deprived of access to quality education and health services.

Earlier, the minister’s scientific advisor at the Higher School of Economics, Evgeny Yasin, expressed the opinion that Oreshkin could become prime minister, the ministerial post being a springboard for him to the heights of power.

“This is an economist of a new generation.” This is how First Deputy Prime Minister Igor Shuvalov introduced the new Minister of Economic Development to the staff of the Ministry of Economic Development and set the main vector: the government continues the economic course of the president, which was started back in 2000 and formed since 1999, but in a different format. He did not specify which one exactly.

The President and the Chairman of the Government set important tasks, Oreshkin picked up: in addition to ensuring macroeconomic stability, long-term economic stability and reducing dependence on external conditions, it is necessary to ensure the acceleration of economic growth. “I am confident that Russia has great potential for growth,” Oreshkin said optimistically. It is important for the ministry to go through a kind of reboot, he promised employees.

Oreshkin now has about 2,000 people under his command. Employees interviewed by Forbes do not know what to expect from the new minister.

“We must be prepared for any scenario”

Shuvalov outlined the main task for Oreshkin and his new subordinates: to return the Ministry of Economy to the status of the main macroeconomic forecaster. According to him, the government leadership and the presidential administration have recently turned to the Ministry of Finance and the Central Bank for expert assistance, and not to the Ministry of Economic Development: this needs to be changed.

Oreshkin, when he was Deputy Minister of Finance, repeatedly argued with former minister Alexei Ulyukaev. It is interesting that the role of the Department of Long-Term Strategic Planning of the Ministry of Finance grew noticeably in the public space precisely under Oreshkin: the department began to publish decent macroeconomic reports and make forecasts that functionally duplicated the Ministry of Economic Development, noted former Minister of Economy Andrei Nechaev.

“When at the beginning of the year, against the backdrop of falling oil prices below $30 per barrel, panicky statements began to be heard that the ruble exchange rate would reach 100 rubles by the end of the year, Oreshkin categorically objected that this would definitely not happen, and that oil prices would rise,” recalls the senior IMEMO researcher Mikhail Subbotin.

We must stop guessing oil prices and be prepared for any scenario, Oreshkin said last summer in an interview with TASS.

The new minister has ambitions, but it is unclear to external observers what exactly he did and what decisions he made, former first deputy chairman of the Central Bank Sergei Aleksashenko is skeptical.

Way up

Oreshkin was born in 1982 in Moscow. He received a classical economic education: in 2004 he graduated from the Higher School of Economics with a master's degree in economics. According to the official biography, he began his career at the Central Bank, where he got a job in 2002 as an economist of the first category. In four years he rose to chief economist and head of the sector. His brother Vladislav also worked at the Central Bank. Oreshkin started from the bottom position, the promotion means that he has proven himself well: professional abilities are valued at the Central Bank, and the position there became a springboard for his work in the commercial sector, notes a former Central Bank employee.

Four years later, Oreshkin left the civil service and went to work at Rosbank as a senior manager, in 2010 he became the head of the analytical unit for Russia and the CIS at CJSC Credit Agricole Corporate and Investment Bank, in 2012 he moved to VTB Capital, where a little more worked as chief economist for a year. He returned to the civil service in 2013 to the position of director of the department of long-term strategic planning of the Ministry of Finance, where he reported to Deputy Minister Alexei Moiseev, and in March 2015 he was appointed deputy minister of finance.

Judging by the discussions within the “Stolypin Club”, Oreshkin’s monetarist approach in the Ministry of Finance did not previously coincide with the ideas promoted by non-state business, but perhaps with the transition to the Ministry of Economy, the needs of Russian business development will become closer to him, notes Arbat Capital director Alexey Golubovich. Oreshkin has a “Ministry of Finance bias” in his approach to macroeconomics (a focus on a balanced budget, rather than on long-term economic development), a federal official criticizes the new minister on condition of anonymity.

Weak link

The main complaints about the accuracy of the forecasts of the Ministry of Economic Development and its disputes with the Ministry of Finance seem to many to be unprincipled. Former Minister of Economy Yevgeny Yasin recalled that the Ministry of Finance and the Ministry of Economy always argued due to the difference in functionality: the task of one ministry is to stimulate growth, the other is to reduce the budget.

“I don’t remember a time when two ministries took the same positions,” says Yasin.

Making forecasts is just one of the functions of the ministry: among the major issues within the competence of the department are strategy in foreign trade and the WTO, privatization and property management, Aleksashenko believes. Forecasting rather relates to the scientific and creative activities of the ministry, former Minister of Economics Yakov Urinson agrees with him.

Among the significant issues within the competence of the Ministry of Economy should be such as structural and investment policy, large infrastructure projects, government orders, state defense orders and mobilization programs, economic stability in extreme situations, the latter notes. According to him, the most important government decisions should not be made and fundamental government decrees should not be issued without the approval of the ministry. “The Minister of Economy in the 1990s, and even in the 2000s, had direct access not only to the prime minister, but also to the president of the country,” recalls Urinson. Oreshkin may not understand the full breadth of coverage of the issues entrusted to him, Aleksashenko believes. The position of the Minister of Economy is significant in the formation of a list of potential objects for privatization, but not decisive, since the final decision is made by the Prime Minister and the President, Urinson notes.

Reshuffles are in question

At a meeting with employees, Oreshkin promised to take over the cases as quickly as possible and delve into all the issues and problems of the department. Shuvalov and Oreshkin called the ministry’s team professional. But changes cannot be ruled out on functional grounds, the federal official says. It is unclear whether there are any agreements regarding personnel with Siluanov, notes another federal official.

Among Oreshkin’s first parting words to the employees of the Ministry of Economy is the need to change their work style and interact more actively with other departments: the Ministry of Finance, the Central Bank and line ministries. The tasks facing the ministry are difficult, and in order to cope with them, the department will have to change, Oreshkin noted.

The weight of the department in the hierarchy of government bodies depends largely on the leader - how he will position himself and show himself, thinks Matrix Capital partner Evgeniy Gavrilenkov. If there is a bet on a breakthrough in the economy and a return to the ideas of active reforms, as was the case during the time of German Gref (Gref headed the Ministry of Economic Development and Trade in 2000-2007. - Forbes), then Oreshkin is not a technical person, he says.

Gref did a tremendous job as minister: he attracted strong personnel and was not afraid to speak out against top officials, defending his ideas for reforms, recalls Urinson. Economy ministers were often famous for going against politicians: even Yevgeny Yasin, despite his softness, was characterized by tough statements when it came to the economy, he argued with such “heavyweights” as Yuri Luzhkov, he continues. In Gref’s program, some of the measures were not implemented, and therefore it was not possible to achieve all the effects that were planned, Belyakov recalls.

Gref has already reacted to Oreshkin’s appointment: “He is even younger than I was when I was appointed to this position, so he has a lot of work ahead of him to withstand the entire load of this position and fulfill all the tasks that the president formulated for him. It seems to me that he has every chance for this.”

The main question is whether there is a request for sensitive economic reforms on the part of the country’s leadership in conditions where the main component of the economy is the public sector; any decisions in the context of structural reforms will attack the existing model, Belyakov believes. In his opinion, the answer to this question may explain why Oreshkin was chosen and why we did not see other candidates from the list of the named media for the post of Minister of Economy.

It is unknown whether Oreshkin has a mandate for active structural reforms, Belyakov notes. At the meeting with Oreshkin, the president did not talk about structural reforms.

If structural reforms are not expected before 2018, this will simplify Oreshkin’s task, but will not solve the problems of the economy, Belyakov thinks. Some commentators consider Oreshkin's potential as head of the Ministry of Economy to be limited. The Russian authorities have no request for active reforms at the current stage, believes former first deputy chairman of the Central Bank Sergei Aleksashenko. During Gref’s time, the emphasis was placed on reforms, there was a different scale of tasks, and besides, the head of the ministry was bursting with ideas. Now the Ministry of Economy has to solve smaller problems: simplify bureaucratic pressure, speed up procedures that, in fact, do not change the system, he adds. The role of the Ministry of Economy has now virtually been reduced to zero, Urinson is skeptical.

Oreshkin is not burdened by dogmas, and if he organizes his work correctly and receives a mandate for reform, he can succeed, Belyakov argues. Oreshkin's appointment is a victory for the liberal wing of the government, Golubovich believes. True, the current high-ranking official says that the Ministry of Economy was not in demand, as was its development policy, so many strong personnel left this department long ago.

" Speaks English. 04.2002 – 06.2006 – 1st category economist, leading economist, chief economist, head of a sector of the Central Bank of the Russian Federation. 06.2006 – 07.2010 – senior manager, director, managing director of OJSC ROSBANK. 07.2010 – 06.2012 – Head of the analytical unit for Russia and the CIS of CJSC Credit Agricole Corporate and Investment Bank. 06.2012 – 08.2013 – Chief Economist for Russia at VTB Capital CJSC. 09.2013 – 03.2015 – Director of the Department of Long-Term Strategic Planning of the Ministry of Finance of the Russian Federation. 03.2015 – 11.2016 – Deputy Minister of Finance of the Russian Federation. On November 30, 2016, the President of the Russian Federation appointed Oreshkin to the post of Minister of Economic Development of the Russian Federation.

EDUCATION

In 2004 he graduated from the master's program at the State University - Higher School in the direction of "".

PORTRAIT

It is noted that 34-year-old Maxim Oreshkin, after his official appointment, will become the youngest minister of the Russian government. He lives almost 24 hours a day in the Ilyinka area, where the ministry is located - he can be called to the carpet even at 11:30 p.m. He has breakfast at the Grand Coffeemania next door, but sometimes goes out into the world - for example, to the next premiere at the Theater of Nations. Maxim is an indispensable guide to Paris: at the beginning of his career, he worked for several years in French banks.

KOMPROMAT

Oreshkin is a former Deputy Minister of Finance, who previously worked at VTB and the Central Bank. He considers his main task to be the removal of barriers to growth. The government's youngest minister will take charge in 2017. Russian President Vladimir Putin invited Deputy Minister of Finance Maxim Oreshkin to take the post of head of the Ministry of Economic Development, vacated after the arrest of Alexei Ulyukaev. Oreshkin did not refuse the head of state’s offer. The decree on the appointment has already been signed by the president. Deputy Minister of Economic Development Yevgeny Elin said that the new head of the department will take part in a government meeting on Thursday, December 1. The youngest minister of the Russian government. Oreshkin is 34 years old, a month younger than the head of the Ministry of Telecom and Mass Communications, Nikolai Nikiforov. Since March 2015, he worked as Deputy Minister of Finance, and since September 2013 - Director of the Department of Long-Term Strategic Planning of the Ministry of Finance. Before working for the state, for seven years he held various positions in various financial structures - Rosbank, VTB Capital, Credit Agricole Corporate and Investment Bank. From 2002 to 2006 he worked at the Bank of Russia, which at that time was headed by Sergei Ignatiev. Master, graduate of HSE (2004). At a meeting with Vladimir Putin, Maxim Oreshkin named the main task of the Ministry of Economic Development: in 2017, the department will develop key measures designed to remove barriers to the growth of the Russian economy. “The worst is over, but the growth rate is, of course, insufficient. Therefore, the main task for the coming year is to prepare key measures that will remove structural barriers to the growth of the Russian economy,” Oreshkin said in a conversation with the head of state. “There are a lot of restrictions, we’ll just start working now.” “Maxim Stanislavovich, you are quite a young man, but you can no longer be called a young specialist. You are a competent, mature, experienced person. I wish you good luck,” the president admonished him. At the end of October, the Ministry of Economic Development, still headed by Ulyukaev, also determined the main goal of its work: improving the quality of life of Russians. Two months before his arrest, Alexey Ulyukaev entered into a debate in absentia with Maxim Oreshkin. “No, I don’t agree. This is not the Ministry of Finance, this is one of the employees of the Ministry of Finance, who has some authority in such statements,” Ulyukaev commented on Oreshkin’s forecast that in the coming years the price of oil could drop to $30 per barrel. Oreshkin also proposed changing the formula for calculating the mineral extraction tax (MET) in order to withdraw “excess” profits from the devaluation of the ruble from oil workers. The oil lobby managed to repel the onslaught of the Ministry of Finance, thanks in no small part to the Ministry of Economic Development. “I believe that the tax burden on the industry is quite large, however, it changes too often, which creates uncertainty for investors,” Ulyukaev said, calling the Ministry of Finance’s ideas “not the best solution” (quoted by Interfax). The new Minister of Economic Development also actively advocated the privatization of Rosneft. In August 2016, he warned that if it was not possible to sell off state assets, the Reserve Fund would quickly dry up. Unlike his predecessor, Oreshkin prefers to look not for the bottom, but for the gas pedal. The appointment of Maxim Oreshkin as Minister of Economic Development will be followed by new personnel decisions, said Evgeny Minchenko, vice-president of the Russian Public Relations Association, political scientist, in an interview with Lenta.ru. “The likelihood that there will be a large package of resignations and appointments is quite high,” the expert said and clarified that the reshuffle will most likely occur after the president’s message to the Federal Assembly (scheduled for December 1). Minchenko also said that Oreshkin, chosen to replace Ulyukaev, “is a figure like [Anton] Vaino,” who recently headed the presidential administration, or Dmitry Ovsyannikov, who replaced the post of deputy minister of industry with the post of acting governor of Sevastopol. The head of the Association of Russian Banks, Garegin Tosunyan, is glad that a young man has become the new minister. “I accept with joy that a young man has headed the ministry, because although experience is a very significant factor for management, for wisdom and foresight, youth can quickly make up for shortcomings. Secondly, when such responsibility falls on young shoulders, then every effort is made to justify the trust,” he told the National News Service (NSN). Associate Professor of the Department of Financial Markets and Financial Engineering at RANEPA Sergei Khestanov, in turn, called Oreshkin’s appointment quite logical. “But I would say that the role of the Ministry of Economic Development is generally relatively small in making important decisions compared to other departments. The ministry plays rather the role of an advisory body,” he concluded.

Russian President Vladimir Putin appointed Maxim Oreshkin, who previously served as Deputy Minister of Finance, to the post of Minister of Economic Development of the Russian Federation.

Maxim Oreshkin. Photo: Anton Novoderezhkin/ TASS

The president announced his decision on Wednesday, November 30. At a meeting in the Kremlin, he met with a candidate whom Prime Minister Dmitry Medvedev had previously recommended to him.

“Maxim Stanislavovich, you have been working not so long, but in general you have been working for a long time, and you are working successfully. I want to offer you the position of Minister of Economic Development,” Putin addressed Oreshkin.

“I agree,” Oreshkin replied. He told the president what he sees as his top priorities:

“If we talk about the Russian economy now, the situation can be briefly characterized: the worst is behind us, but the growth rate is, of course, still insufficient. Therefore, the main task for the coming year is to prepare key measures that would remove structural barriers to the growth of the Russian economy and allow it to move forward,” says the new minister.

Vladimir Putin noted the youth of the appointed head of the Ministry of Economic Development, but called him an experienced specialist and wished him good luck in his work.

The new 34-year-old head of the Ministry of Economic Development has become the youngest minister in the current Cabinet, he is a month younger than the head of the Ministry of Telecom and Mass Communications Nikolai Nikiforov.

In 2004 he graduated from the Master's program at the State University - Higher School of Economics with a degree in Economics.

In 2002-2006 worked at the Central Bank of the Russian Federation, from where he moved to Rosbank OJSC. There, in four years, he made a good career, rising to the position of managing director.

Then there was work at Credit Agricole Corporate and Investment Bank and at CJSC VTB Capital.

In September 2013, Oreshkin joined the Ministry of Finance of the Russian Federation as director of the long-term strategic planning department. And on March 20, 2015, he was appointed Deputy Minister of Finance, where he was noticed by the head of government.

The former Minister of Economic Development, Alexey Ulyukaev, was relieved of his post on November 15 by decree of President Vladimir Putin due to loss of confidence. A day earlier, Ulyukaev was detained while receiving a bribe in the amount of $2 million for a positive assessment of Rosneft’s proposal to buy a 50.08% stake in Bashneft from the state, thanks to which the deal was carried out.

A criminal case has been initiated against Ulyukaev. He was charged under the article “Receipt of a bribe by a person holding a public office in the Russian Federation, with extortion of a bribe on an especially large scale.” The court chose house arrest as a preliminary preventive measure.

The media immediately began to speculate who would get the ministerial portfolio. After the dismissal of Ulyukaev, within a few hours, the position of head of the department marked “acting” was occupied by the deputy of the former minister, Aleksev Vedev. Then Prime Minister Dmitry Medvedev temporarily assigned these duties to another Ulyukaev deputy, Evgeniy Elin. In addition to them, former deputy heads of the Ministry of Economic Development Andrei Sharonov and Andrei Klepach were named as possible candidates for the post.

But more often in this regard, the names of the presidential assistant, ex-Minister of Economy Andrei Belousov, the first deputy chairman of the Central Bank Ksenia Yudaeva and the first deputy head of the government apparatus Maxim Akimov were heard in the press.

And even earlier, in September, when Alexey Ulyukaev was firmly seated in the ministerial chair and did not notice the close attention of the special services, there were other assumptions. They said that he would be replaced by Finance Minister Anton Siluanov, whose tasks, in turn, would be taken on by now Minister of Energy, but formerly Deputy Minister of Finance Alexander Novak.

There was even talk about the transfer of Deputy Prime Minister Arkady Dvorkovich to the Ministry of Economy. Nobody guessed right.

How common do you think the Oreshkin surname is in the cities and towns of our long-suffering (from phase-shifted sociopaths) country? It seems that no labor achievements from this surname were previously noticed. This surname has also not tarnished itself in any high and moral actions. And the last name, you must agree... specific.

And suddenly... when nothing was foreshadowed... representatives of this not yet often encountered surname crawled out of all the cracks, frantically shoving with their elbows and buns... Although it was not so suddenly that they began to push representatives of their surname into high positions under the tailbone; they prepared for a long time, it should be noted.

The slightly faded interest in this surname was again aroused by questions “Whose son is Maxim Oreshkin?” in search engines, since the appointment of the next puppy (see cycle), a representative of the glorious cohort, not only completely destroys the faint hope for at least some development, but also raises a number of logical questions.

Firstly, of course, it poses the question: when will this economist, one of the same illiterate puppies, unable to work, but already accustomed to lie, steal, spit on everyone and climb where he should not be by default, sharpen his skis to the city of Paris?

How can the city of Paris live without yet another fugitive, illiterate redneck who stole and lied like his predecessor Guriev? Then we will also deal with the next upstart...

June 5, 2013 What did the “luminary of economic science” Sergei Guriev do and why did he run away?

For a week now the noise around the emigration of the “outstanding economist Guriev” has not subsided. The liberal cry for the rector of the Russian Economic School who fled to Paris is loud. Novaya Gazeta sheds tears when it called Sergei Maratovich “the best organizer of economic science.” Gazeta.ru is wringing its hands, considering the departure of the “world-class scientist” to be “political persecution.” “Kommersant” and “Vedomosti”, “Slon.ru” and TV “Dozhd”, “swamp” bloggers and “independent” experts are sad. Variations of the cry “Seryozha, who are you throwing us at!” performed such figures as Abyzov, Siluanov, Gref.

The Western press also supports the hysteria. “The flight of the Russian economist is a new sign of pressure on Putin’s critics,” sobs Reuters. “Russia is exiling one of its best minds,” laments Foreign Policy. Guriev himself comes out with some dissonance to the general mourning, announcing to the world from France: “Everything is fine with me. It’s better in Paris than in Krasnokamensk.”

This is not to mention the fact that Maxim Oreshkin’s former immediate supervisor, Alexey Ulyukaev, finally got away with it, checking into offshore companies, measuring the bottom between writing rhymes about “road maps.”

And despite all the odiousness of the appointment of another extra to Elvira Nabiullina’s former place... this complacency of a clinical idiot “I agree!” still confuses me.

Dec 1, 2016 You have been working not so long ago, but in general you have been working for a long time, and you are working successfully...

This is exactly how the short activity of the obscure Oreshkin as head of state was noted the other day. What about Oreshkin? Oreshkin immediately became proud: “Yes, I am like that!”

Maxim Oreshkin was appointed head of the Ministry of Economy instead of the arrested Ulyukaev. Russian President Vladimir Putin appointed Maxim Oreshkin, who previously served as Deputy Minister of Finance, to the post of Minister of Economic Development of the country, TASS reports. Oreshkin was appointed to replace the arrested former head of the Ministry of Economy Alexey Ulyukaev.

“Maxim Stanislavovich, you have been working not so long, but in general you have been working for a long time, and you are working successfully. “I want to offer you the position of Minister of Economic Development,” said the head of state, addressing Oreshkin (quoted by TASS).

“I agree,” Oreshkin replied. During the conversation, Oreshkin told the president that he had been working as Deputy Minister of Finance for almost two years, and had previously been director of a department of the Ministry of Finance and worked in the banking sector (at VTB Capital, Rosbank and the Central Bank), he notes RIA News".Putin asked him what would be most important now in the activities of the Ministry of Economic Development. “The main task for the coming year is to prepare key measures that will remove structural barriers to the growth of the Russian economy,” Oreshkin said.

Of course, you don’t have to ask us, once again pretending that a person should work in this place not for our development, but for his own and the crime that “stuck” him there.

But now this is a proposal to some Oreshkin, when we are already up to our ears with a stupid, illiterate pack, crawling out into the public eye without shame or conscience, with one impudent face and self-satisfaction: “I agree!”

So they didn’t ask us, puppy! Therefore, such scumbags must keep in mind that they can see right through everyone! And no one expressed agreement with the leadership of the illiterate, stupid native of the glorious Oreshkin family.

So that once again we don’t have to resolve the issues, but waste time while these shameless rednecks figure out where they ended up!” After all, it was going to waste its salary and sit out its pants. After all, it agreed to this, not taking into account how all these “dark horses” got it... especially after everything that they had already seen from these... Oreshkins.

“Maxim Stanislavovich, you are quite a young man, but you can no longer be called a young specialist. You are a competent and mature specialist, experienced. I wish you good luck,” Putin summed up after talking with Oreshkin (quoted by Interfax). Thus, 34-year-old Oreshkin became the youngest minister in the current Russian government. He is a month younger than the head of the Ministry of Telecom and Mass Communications Nikolai Nikiforov, journalists note...

After all, no one works after the Oreshkins... they are the only ones working hard... And at the same time, the first reliable information is coming in about the new appointee instead of our famous poet Ulyukaev.

Original taken from general_ivanoff in The first reliable facts about the Oreshkin family: brother-financier/oppositionist and mother-professor/publisher

Brother of the new minister Vladislav Stanislavovich Oreshkin- graduate (1993) of the Faculty of Economics of Moscow State University with a degree in cybernetics economist. Further: Deputy Head of the Department for Analysis of the Balance of Payments and External Debt of the Central Bank (1994-2001), Macroeconomic Analyst for the Russian Federation at Trust Bank and CJSC OFG Invest (2002-04), Head of the Analytical Unit of the Russian Private Fund DFG (2005), Deputy Director of the Department operations in financial markets/chief asset manager of the Central Bank (2006-11, was responsible for operations for managing international gold and foreign exchange reserves of Russia).

In 2013, he opened the investment boutique “Oreshkin. Asset Management" ( [email protected] For some time he wrote a column on the Open Russia website of Mikhail Khodorkovsky. Vladislav's views can be judged by his twitter page, where he retweeted Khodorkovsky, Belkovsky, Kasparov, Illarionov, Chichvarkin, Babchenko, Leviev-Karpuk.

Mother of the new minister Nadezhda Sergeevna Nikitina- Candidate of Technical Sciences, Professor of the Department of Soil Mechanics and Geotechnics of the Moscow State University of Civil Engineering (MGSU), Honorary Worker of Higher Professional Education of the Russian Federation. Co-author of a number of scientific works; for example, “Numerical justification of a work design for the construction of a multi-storey building on a slope.” Winner of the Russian competition “Manager of the Year 2005.” In 1993, N. S. Nikitina created the publishing house “DIAS” (IASV LLC) at the Moscow State University and to this day is its director. According to the government procurement website, every year regional universities purchase two to four million rubles worth of books from publishing houses. According to Maxim Oreshkin’s income statement, he, together with his brother and parents, owns a three-room apartment in Khovrino; he has no other place to live.

P.S. The updated official biography of Maxim Oreshkin states that he has a wife and daughter (although last year he was listed as a childless bachelor).

Here two details about the mother should be added. Publishing textbooks is a busy business these days! For this purpose, universities are required to include only new textbooks in all programs, and throw old ones into waste paper... without digitization. Do you realize what's what?

Because digitizing and attributing to oneself and loved ones various kinds of achievements, as well as the entire teaching methodology (which is placed in the head), is what these “publishing houses” do.

Note that the mother has a publishing house private, which has a powerful administrative resource, operates a private shop at MISS-MGSU, where she is a professor. This means that she also has preferences for defending dissertations.

There is no science, everyone lives by digitizing the achievements of others, which they then attribute to themselves, but we have such publishers and professors, whose sons impudently believe that everyone around them only dreamed of such ministers.

Especially after he and his boss had been shitting themselves for so many years, probing the bottom...

Dec 2, 2016 A frying pan? In economics? Funny, sir!

What you need to know about Ulyukaev’s “replacement” Maxim Oreshkin

The newly appointed Minister of Economy Maxim Oreshkin has already been called “Teflon” in the West: not a single scandal has yet “burnt” to him. Perhaps due to his age - 34 years old - and his secretive biography. Little is known about Oreshkin’s family, but the young man definitely had a good start: at the age of 20, without even receiving a higher education, he already got a job at the Central Bank as an economist of the first category, where in a few years he quickly rose to the rank of head of the sector. Over the next few years, Oreshkin successively held top management positions in various banks, including subsidiaries of French banks in Russia. They say that during this time the future minister visited France more than once and managed to explore Paris well. In 2012–2013, Oreshkin became the chief economist at VTB Capital.

The VTB Group, led by banker Andrei Kostin, has recently significantly strengthened its influence: its personnel have appeared in government structures. This observation is confirmed by the experience of Maxim Oreshkin himself, who in 2013 moved from VTB to work at the Ministry of Finance, and in 2015, at the “age of Christ” (33 years old), already took the position of Deputy Minister of Finance. After his appointment as Minister of Economy, all experts and economists for two days sang the praises of the “excellent specialist” Maxim Oreshkin in every possible way.

The government says that Oreshkin’s rapid growth was facilitated by the fact that all the other candidates did not want to occupy the “execution post” from which the former minister Alexey Ulyukaev was so ingloriously fired. In addition, the young minister was supported by the favor of Deputy Prime Minister Arkady Dvorkovich, with whom, according to sources, the official is friendly. Maxim Oreshkin is often seen at the Grand Coffeemania near his place of work. Like a true workaholic, the new minister even spends his leisure time close to work - in case of an emergency call. There are late meetings in the White House, not to mention scheduled break-ins and nightly meetings “on the economy,” one of which was recently conducted personally by Vladimir Putin….

It would be completely uninteresting to learn anything from the life of the Oreshkins if they were like pale toadstools from everywhere.

But I had time to study Paris (just in case!) first.

This is what the official biography of the newly minted minister looks like, who suddenly felt ready to replace his boss, who was hovering under house arrest.

Education In 2004, he graduated from the National Research University Higher School of Economics with a master's degree in Economics.

Labor activity In April 2002, he got a job at the Central Bank of the Russian Federation, where in two years he worked his way up from a 1st category economist to a chief economist and head of a sector.

In June 2006, he began working at Rosbank as a senior manager. Then he became a director, and at the time of his departure (in July 2010) he was the managing director of the bank.

For the next two years, Maxim Stanislavovich headed the analytical unit for Russia and the CIS of CJSC Credit Agricole Corporate and Investment Bank.

Then he worked at VTB Capital as chief economist for a little over a year.

Video:

From September 2013, he was Director of the Department of Long-Term Strategic Planning of the Ministry of Finance of the Russian Federation; from March 2015 to November 2016, he was Deputy Minister of Finance of Russia.

On November 30, 2016, it became known that he would head the Ministry of Economic Development instead of the one who had been removed less than a month earlier. Alexey Ulyukaev. Russian President Vladimir Putin invited Maxim Oreshkin to take the post of Minister of Economic Development, noting his achievements in his work. Maxim Stanislavovich accepted the offer, thus becoming the youngest Minister of Economic Development of the Russian Federation.

How such people “got their way in two years” is well known to everyone by the mass of similar puppies. In such cases, you should actually write directly: “without education, without work experience, without shame and conscience.”

No more information. Similar to the situation with Yeltsin, when he handed over the reins of power to Putin, until that moment unknown to anyone. As soon as the information becomes available, we will add it. A person works a lot and just builds a career. They will find out about our family when a scandal breaks out.

Biography of Maxim Oreshkin, positions

The discrepancies in the minister's biography do not bother anyone. Let's take a look at Wikipedia.

Maxim Stanislavovich Oreshkin(July 21, Moscow) - Russian statesman, Minister of Economic Development of the Russian Federation (since November 30, 2016).

From April 2002 to June 2006 - 1st category economist, leading economist, chief economist, head of a sector of the Central Bank of the Russian Federation.

From June 2006 to July 2010 - senior manager, director, managing director of OJSC Rosbank.

From July 2010 to June 2012 - head of the analytical unit of CJSC Credit Agricole Corporate and Investment Bank for Russia and the CIS.

From June 2012 to August 2013 - Chief Economist for Russia at VTB Capital CJSC.

From September 2013 to May 3, 2015 - Director of the Department of Long-Term Strategic Planning of the Ministry of Finance of the Russian Federation.

From May 3, 2015 to November 30, 2016 - Deputy Minister of Finance of the Russian Federation.

There is no France here... But it is already popping up... Brazil! Yes, yes, the one where there are a lot of wild monkeys.

Deputy Head of the Ministry of Finance - about the global economic crisis and whether Russia can get out of the trap of stagnation

This is not a crisis, this is a new reality. The growth of the global economy may be much lower than usual levels, low prices for raw materials will last for a long time, Deputy Head of the Ministry of Finance Maxim Oreshkin is sure. In order for Russia to get out of the stagnation trap, it will have to take into account the mistakes of Brazil and China, but not only that, it will also have to sacrifice consumption growth in favor of savings and investments, he told Dengi correspondents Maxim Kvasha and Alexander Zotin.

Why is the Russian economy in a fever?

The mistake of many observers is that they try to analyze Russia in isolation. We must definitely look at what is happening on global markets - around the world, in Brazil, in South Africa. It is impossible to say whether there will be growth or decline, looking solely at Russia. We are part of global processes.

Does everything depend not only on us, but also on the situation in the world?

Yes, but that's not what we're talking about. We need to compare, we can’t shout that in Russia GDP fell by 4% in 2015 and everything is bad. Look at Brazil: with a much smaller external shock than ours, many more mistakes were made in economic policy and the result was much worse. At the same time, prices for iron ore fell earlier than ours for oil. And the country has suffered before. We are two years later and see what Brazil did in response and what consequences it led to. It is important to carefully study the experience and not repeat its mistakes.

Brazil fell on expectations of a slowdown in China, and we fell on the fact?

We would have fallen earlier too. But in the iron ore market, unlike the oil market, there were no players who would artificially support prices after the 2008-2009 crisis. First, OPEC reduced quotas, then Libya and Iran dropped out of the market. If Saudi Arabia had done what it is doing now back then, traditional producers would be doing better today. If they had allowed prices of $40-50 per barrel for an extended period in 2009, US shale oil would have developed more slowly.

Let's go back to Brazil...

First the theory. The country is experiencing a balance of payments shock. The real level of domestic demand should fall. This is an axiom. All that economic policy can do is to redistribute the shock between different categories of demand: government, consumer, investment. If inflation is allowed, the consumer suffers; high interest rates - investment demand; cut the budget - government demand. Future growth largely depends on this redistribution.

Brazil's mistakes. The first is denial of reality, failure to understand that real demand must decline. They immediately tried to index everything - budget expenditures, government investments, increase salaries, etc. What is happening? The exchange rate changes as a result of the adaptation of the balance of payments, and inflation jumps. But the first leap is a one-time one. Our inflation was from November to March 2015 in the first quarter - 7.5%, at the end of the year - 12.9%, more than half of all annual inflation occurred in the first quarter, and then inflation was radically lower: 1.1% - second quarter, 1.8% - third, 2.3% - fourth.

It’s logical: the budget was cut, salaries were not increased...

And if everything is indexed, the spiral unwinds. You index, people come to the shops, everything is as before, but imports must fall in order for the balance of payments to level out. The course jumps again, you index it again, and promotion begins. Brazilians have consistently tied all social spending to inflation. And the main thing is to survive the first shock without falling into an inflationary spiral. Brazil couldn't do it. This is the first mistake. By the middle of the year, we managed to largely adapt the economy to oil at $50 per barrel, but now a second wave of decline in oil prices has begun.

Further. Typically, external balance of payments shocks result in a deterioration in fiscal balances. The country finds itself in a new budgetary reality, and after a few years problems begin. A large primary deficit appears, every year it generates additional interest costs, and if spending is not reduced, the deficit grows. Interest rates on the debt increase, interest costs to service it increase, again a spiral. In Brazil, it unwinded in 2015, the budget deficit flew from 3% of GDP in 2014 to 9% of GDP in 2015. The economy is falling.

Another mistake is directed lending. Lots of programs to subsidize interest rates. Development programs are financed at artificially low rates, and other borrowers and the government are forced to borrow at high rates from the market. With an inflation rate of 10%, the rate on government bonds is 16% per annum; with a debt of 60% of GDP, this is a catastrophic increase in interest costs. And only those who are included in support programs have the opportunity to make investments.

Brazil is a bad example, but are there any good ones?

Russia is one of the best examples of macroeconomic policy. The proof is both the actions of rating agencies and the behavior of foreign investors; At the end of 2015, we had an active influx of funds into OFZs. In recent months, funds have withdrawn money, for example from Brazil, and invested in us.

More about the global economy. The situation with commodities is here to stay, if not forever. There are several misconceptions around the world about the future of economic growth. Starting from the USA. If you look at the forecast of the IMF and most banks, growth will be 2.5-3% of GDP for two to three years ahead. It is unlikely that these predictions are correct. The logic is simple. The US has averaged 2.3-2.4% growth over the last five years. On average, unemployment fell by 1% per year. Why did the Fed start raising rates? Because he believes that unemployment may still decrease a little, but it is already close to the limit, to the natural level. The economy now generates about 200 thousand jobs per month. According to Fed Chairman Janet Yellen, the equilibrium level of job creation in the United States is now less than 100 thousand per month, according to Goldman Sachs - 80 thousand.

So they are already overheating?

Not yet in overheating, but inevitably will be if the current level of job creation is maintained. Therefore, they increased the interest rate, and if there are as many jobs created in the first quarter of 2016, they will still have to increase the rate. Moreover, they will not be concerned about GDP growth. The main shock for the market will be when everyone understands that there will be no growth of 2.5-3% of GDP - the US economy will grow by 1-1.5%. Which is almost inevitable, unless labor productivity magically begins to increase. Reestimate the entire economy from growth of 2.5-3% of GDP to 1-1.5% - you will get a sharp decrease in the future revenues of companies. A market collapse is possible.

Next is China. In theory, it can continue to grow by 6% per year, but for this to happen, domestic debt must increase from 230% of GDP to 310%. But trees do not grow to the skies, the Chinese authorities understand this. They are trying to get out of this deflationary supertrap by, among other things, expanding the budget deficit. But growth of 6% of GDP is no longer possible and can easily “fall”, for example, to 3%. The way to overcome the global crisis in China was this: pump the economy with investments through leverage. But investments at 50% of GDP are unrealistic to support. Behind these investments, the profitability of which decreases every year because you are building something that is no longer needed, there is debt and savings. And emerging deflationary trends are aggravating the situation. And in order to maintain such rates of GDP growth, you are forced to build the same amount, plus another 6-10%. If all this was initially financed by the budget, then there would be no long-term problems. Spent and spent. And here everything can hit the financial markets. The so-called Minsky moment comes, when everyone lends and lends, and then suddenly they understand: oops, this is no longer possible. In China, debt is growing at approximately 10% of GDP per year; if growth stops, 10% of GDP is immediately removed from demand.

No exit?

If the growth rate remains at 6% of GDP per year, I’m afraid not. A hard landing is also likely due to psychology. The last crisis in China was in 1989. There has been no crisis for 25 years.

In Russia in 2008-2009 there was panic, but in 2014-2015, despite the fact that the external shock was much stronger, there was no. “We’re in a crisis - okay, let’s turn on crisis mode”: we save on this, on that, switch to a shortened week, etc. Everyone remembers 2008. But in China there is no such experience. How did he manage the second half of 2015? A sharp increase in the budget deficit and public debt. The flow of credit through regional companies stopped working; they simply guaranteed 3 trillion yuan of debt, breathing new life into the scheme.

Next are commodity-producing countries. They will adapt to the new reality one by one. Saudi Arabia, thanks to its reserves, will last two to four years, a tough nut to crack. Norway and Chile are resilient. This is about good examples. Norway had double-digit current account and budget surpluses in 2013. The cut-off price is $40 per barrel; everything higher goes to the fund for future generations. But here, too, the effect of structural adaptation to the new reality is felt; oil companies are seriously reducing the volume of investments.

And what to expect from oil in such a situation?

There is an oversupply in the market. Oil is a physical commodity, and if more is produced than consumed, it needs to be stored somewhere. At the same time, producers are in no hurry to respond to this by reducing their production; they hope that in a year or two or three prices will rise again and everything will be fine.

However, today's oil prices should lead to a strict stabilization of the market and a new equilibrium. In the near future, we will encounter reports that producers in countries where production costs are above average are urgently stopping production due to its unprofitability. It is safe to say that current oil prices are lower than what we will see in the medium term. The question is to what level they can grow.

Unfortunately, there are no great prospects here. They are unlikely to exceed $50 per barrel. There are three reasons that will prevent higher growth in oil prices. The first is the dynamics of the global economy. The second is reducing the cost of oil. We observed this in 2015 as we concentrated on new areas and introduced new technologies. The trend will continue; the excess capacity in the so-called broad oil services industry is simply gigantic. The third reason - the most important in the long term - is a structural change in demand. Humanity is reorienting towards new goods. The automotive industry is gradually moving towards the production of electric vehicles. The energy industry is looking for alternative energy sources; the production of petrochemicals as a raw material will shift more towards gas.

There is also the short-term factor of Iran, which, after the lifting of sanctions, begins supplying oil and thereby will further affect the decline in prices, and as a result, production.

In such scenarios, the liquidation stage in the oil market could extend, I think, from 3 to 12 months, depending on demand factors and the implementation of risks in the global economy. At the same time, the minimum point of the oil price can theoretically stop at any number.

The main mistake of the 2000s was that we did not keep the cut-off line at the conditional level of $25 per barrel?

This led to volatility. If you look at the real exchange rate of the Norwegian krone over 15-20 years, it’s a straight line. Our line went up with the spending of oil and gas revenues and fell back.

The rise in oil prices was largely translated into an increase in the well-being of citizens. It is impossible to say for sure whether this is good or bad. But this led to certain consequences. Prosperity grew not only due to oil, but also due to the curbing of business profitability. And within the corporate sector, profitability was redistributed in favor of natural monopolies, whose tariffs grew faster than inflation. As a result, the share of investment in GDP fell from 23% to 17-18%.

Normal level of investment for a developed country.

For the developed, yes. The USA has 20-21% of GDP, many EU countries are even lower than 17-18%. But countries with such a share of investment in GDP (17-18%) grow by no more than 1.5%, maximum 2% of GDP per capita per year. Purely arithmetically. The numbers are not pulled out of thin air: we built the model based on statistics from more than 60 countries over the past 30 years. All those who grow faster have a higher share of investment in GDP - 30-40%. Roughly: consume less, save and invest more.

In Russia, the share of investment in GDP gives a growth potential of about 1.5% per capita. We saw this before the crisis, when growth was slightly less than 1.5%. And we would have returned to this trend now if not for the second wave of decline in oil prices.

To move to a growth level of 3% of GDP, do we need to invest one and a half times more?

The problem is that it’s not just that if you add these 10 percentage points of GDP to investment, the share of other components - current consumption of the state, state-owned companies and the private sector - should decrease by 10 percentage points.

Our wages are somewhere around 50% of GDP, does this mean that we need to cut real wages by about 20%?

It is not necessary that incomes must fall, but that current consumption in the economy as a whole must fall - I repeat, this includes current budget expenditures and demand from state-owned companies.

The question of investment efficiency arises...

What is an investment? This is when you did something that, in the T+1 time period, allows you to produce more than what would be bought on market conditions. This is an investment. Everything else is current consumption. You can hire a construction company to dig a hole and then bury it. Statistically this is an investment, but in reality it is current consumption.

Defense spending...

Yes exactly. Although modern statistics even classify the production of ballistic missiles as investments.

Previously, oil rent was largely redistributed in favor of the population. Now you are saying that we should do the exact opposite. Why?

There is no more oil rent. Nobody is talking about the need for immediate redistribution. It is necessary to reduce the role of the expanded public sector, and it is also important that productivity grows faster than wages. For this, in the context of our demographic conditions, a proactive policy in the labor market, releasing employment from ineffective enterprises while simultaneously caring for a particular citizen and helping in his new arrangement are important.

Don't want to start with the public sector?

Optimization of the state apparatus is an active position of the Ministry of Finance.

You want to increase the share of corporate profits in GDP by reducing the share of consumption. The economic logic is clear, but how can this be explained to people?

Two important points. The first is largely a choice between consumption now and the standard of living in a few years. We need to decide what we will try to maximize.

Secondly, the source of this structural shift is important; it is important that the least efficient current consumption be reduced first: the public sector, officials. And state-owned companies. They must improve the efficiency of their investments, this is where they need to start. It’s unfair when the inflation tax is paid by the poorest, and state-owned companies seem to live in a different reality: tariffs are rising, wages are rising...

You constantly talk about the need for structural reforms. By them do you mean only a rebalancing of the shares of investment and consumption in GDP or something more?

It is important not to confuse institutional and structural reforms. The investment climate means institutional reforms. It reduces the profitability required by the investor. These changes are underway and must accelerate. And regarding the structure of the economy, there is a question: what do we want - to consume more now or in the future?

What does the Ministry of Finance want?

The Ministry of Finance wants people to be happy. We are not politicians. Our task is to show: here is a solution, it has pros and cons, here is another solution - it has others. There are no solutions with only advantages. If you want growth - please, high consumption here and now - please. But it won’t work all together and at once. There are no miracles.

Yes, we already realized that everything So, as it was before this illiterate redneck came out, it won’t be. Nowadays the only good thing is that of Oreshkin.

And it will be good for us when not the private local Ulyukaevs, but the entire Higher School of Economics, together with lawyers who betrayed the professional foundations - this wonderful and wondrous miracle is sent to the backside where it belongs.

And in principle, this is where we could put an end to it, since, as everyone understands, there is nothing more to expect from this, but Elvira Nabiullina (on whom there is no place to put a stamp) came out with stories about grandfather Lenin.

“We know Maxim Stanislavovich, we interacted with him within the Ministry of Finance. He is a very good specialist, one of the strongest macroeconomists in the country and, most importantly, is not afraid of difficult tasks. I would like to wish Maxim Stanislavovich success in solving complex problems, which, first of all, relate to structural measures. I think that Maxim Stanislavovich understands the importance of structural measures, but not at the expense of macroeconomic stability,” she noted.

And just as I was thinking about what kind of “structural measures” this Oreshkin knows how to take, I (can you imagine?) suddenly remembered all the other Oreshkins!

So, for the first time the Oreshkins shone because of the scandals with Masha Gessen (see).

Or rather, there Dmitry Oreshkin shone as a political scientist, organizer of all sorts of movements “give us back the elections! and other “prisoners of Bolotnaya”, passing through the loot from many sources, since he himself also ran for office... from a little of everyone. (cm. ).

And no one would have connected this Oreshkin with Masha Gessen if it had not turned out that she was living a sexual life with his daughter Daryushka... and it’s so nice that, in addition, they also managed to have some kind of baby Oreshkin... (see).

Interest in this person, of course, is far from accidental. It just so happened that I was interested in the extraordinary personality Masha Gessen, who rode a bicycle to the Kremlin (see).

And then... somehow by itself, under the general influence, I wondered, with whom does Masha Gessen live? The first thing that came to mind... was a Doberman! And I turned out to be very wrong! She lives with the daughter of this Dmitry Oreshkin, dragging herself to work with some baby named Oreshkin (see).

With baby Oreshkin... what if he’s already grown up with them?.. Other people’s children grow up quickly!

If the Oreshkins go through a path in two years that others cannot go through in their entire lives, then imagine how much of a dope they can grow into in four years!..

I became like everywhere I go,
Ask about Teodoro,—
I even took a piece of paper
With the designation will accept,—
And suddenly the maid tells me
My hotel, Greek woman:
“And what about this same boy—
Son of Count Ludovico?
The soul in me leaped like light,
And I decided that I would definitely
Must see you. I began
Search your home, and by mistake
Passers-by pointed out to me
To the house of the Countess de Belleflore.
I walk in and immediately come across...

Yes, of course, Dmitry Oreshkin tried in vain all this time. How he attacked and pressed! It seems that he was not only interested in payments and cuts, but also personally tried to help his relative.

It just seems like there are a lot of Oreshkins. But since Elvira Nabiullina claims that the Oreshkins are truly... a unique phenomenon in our lives, it means... they are all relatives.

Customs Union and the Eurasian value system. This is the maximum program. She obviously failed. The time has come for the minimum program - to take at least the East of Ukraine, along with Crimea, under our wing... Today, ambitions have been reduced: we hear passionate speeches about “our” Kharkov and Donbass; less often about Odessa. Over the past 10 years, Kyiv has gradually migrated to the West - a natural result of the greater attractiveness of the European value system in comparison with the patriotic tales of the Corporation.”

On May 26, 2016, in the “U-turn” program on the Ekho Moskvy radio station, he announced the possibility of running for office, as well as Nadezhda Savchenko’s chances of winning the election for President of Ukraine

It feels like the right person, and he’s going through the notes.

All that remains is to add news about Masha Gessen. After all, even if the new minister is not their son with Daria Oreshkina, you yourself understand that they are raising a new minister for us! In order to avoid jumping out online scalded when we find out whose son he is, we will immediately write down that the new minister Oreshkin is the son of Masha Gessen.

>Police detained more than 20 LGBT activists for attempting to hold an unauthorized rally near the State Duma in Moscow.

The police detained several men and women for attempting to hold an unauthorized rally. According to preliminary data, the total number of detainees exceeds 20 people. Everyone was escorted to a police bus.

Earlier it was reported that the police detained five people, among them activists of the Union of Orthodox Banner Bearers.

It should be noted that since Tuesday morning there have been clashes near the State Duma between LGBT activists and representatives of the Union of Orthodox Banner Bearers, ITAR-TASS reports.

At the building of the lower house of parliament, the latter held a rally in support of the bill, which establishes fines - from 4 thousand to 1 million rubles - for promoting non-traditional sexual relations among minors.