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Posted on 04/25/2024 3:29:11 AM PDT by Mount Athos
we outspent Russia in the way back and nearly collapsed them. now, with help of our warmongering mowrons who run this country, they are returning the favor. just my 2.
HAHAHAHAHAHAHAHAHA.
Yeah, how is it’s debt to gdp ratio doing?
After twelve rounds of sanctions, Russia’s economy is growing while Biden has ruined America. Nice work, Zeepers.
Its a lot better than ours.
Yes, but they’re still behind us in providing gender affirming care for their children.
“If you look at Russia, today, production goes up, [for the] military, [and] consumption goes down. And that is pretty much what the Soviet Union used to look like. High level of production, low level of consumption.”Georgieva said she believed the Russian economy also faced challenges related to an exodus of skilled workers and “because of the reduced access to technology that comes with ... sanctions.”
Bank of Russia Governor Elvira Nabiullina told lawmakers in Russia’s State Duma on April 8 that production in the country is being constrained by worker shortages, according to Reuters, although she noted that Russia’s economy was continuing to grow at an impressive rate.
These are strong headwinds to overcome.
President Putin is promising both guns and butter. He cannot deliver both.
Wars of attrition are bad for economies.
Put some ice on that.
Russian gdp dropped 2.1% in 2022 and 2.5% in 2023. Also, munitions created for the war count in gdp. But once they are used they have no more economic utility.
This is why I say this war is a ruse and Putin is doing his part in this socialist charade to help collapse the West.
Also, a large portion of US growth is gov’t, the same as Russia.
Building a thousand cars or in this case tanks…. And then getting them blown up does indeed add to gdp, but is it a positive?
All numbers are bs, but like China there is no way to confirm what Russia claims.
Time will tell
“Also, munitions created for the war count in gdp. But once they are used they have no more economic utility. “
Like US corporate spending on diversity, ESG, DEI and wokeness. ?
Actually not. Shell blows up and is gone. Money spent of Leftist poison does damage for years and years.
“Yes, but they’re still behind us in providing gender affirming care for their children. “
There is a castration gap.
Biden should cut off more domestic energy production to increase Russia’s market share even further - that’ll show ‘em!
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That is a good point - but Biden's attack on our own energy production over the years has no doubt helped Russia and made the sanctions less effective. He has in effect funded Russia's war effort.
GDP is a much misunderstood measure.
A country in the midst of military mobilization is going to have a massive increase in GDP, purely because of the increase in government spending.
The greatest single year increase in US GDP occurred in 1942, 18.9%
Because of the vast expenditure on military mobilization of course.
All the men who have cut off funding to Ivy League schools over DEI and such are on the left. Warren Buffett, left winger, hates ESG and has denounced it at every turn. The presidents of Harvard and MIT have been fired. Bud Light tanked over the trans debacle. NYC riot cops are arresting Hamas protesters. The tolerance for much of that is coming to an end.
You’re wrong when you say Russia’s GDP fell by 2.5% in 2023.
It actually grew by 3.6%
https://www.voanews.com/a/russia-economy-grew-in-2023-despite-war-and-sanctions/7478952.html
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