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submitted 4 months ago by cyu@sh.itjust.works to c/worldnews@lemmy.ml
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[-] yogthos@lemmy.ml 15 points 4 months ago

The military industry is around 6% of Russian economy, it's not a war time economy LMFAO. By contrast, by the end of WW2, around 40% of US economy was devoted to the military. That's what an actual war time economy looks like. It's absolutely hilarious how people just keep parroting this nonsense without thinking about it even for a second.

The main reason for such rapid growth of Russian economy is due to the fact that decoupling from the west created a lot of economic niches to be filled. Meanwhile, the west effectively doing capital controls for Russia forced the oligarchs to invest their money domestically.

this post was submitted on 09 Jul 2024
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