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Russia is now the fourth largest economy. But how? (finshots.in)
submitted 3 weeks ago by humanspiral@lemmy.ca to c/economics@lemmy.ml
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ahead of Germany and Japan. Using PPP GDP measure.

a more detailed, but biased, article https://www.lewrockwell.com/2024/11/no_author/russian-economy-zooms-ahead-outpaces-us-and-eu-growth/

There is more likely to be a collapse on the west from supporting a Ukraine war. There is zero resonance of "NATO is a purely defensive alliance" propaganda meant to be a friend to the world or to Russia inside of Russia. It is fully understood as an existential threat in Russia, while it is a casual inconvenience to those who trust western media in the west. A deep concern for the world/west is that Russia's extreme growth in military production means that we will soon be asked to boost competing military production and compromise our own sustainability and leisure.

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[-] Drewfro66@lemmygrad.ml 4 points 3 weeks ago

Trade sanctions mean that an economy must become more self-sufficient, and self-sufficiency in this case has grown the economy because Russia has expanded the production of input resources - the U.S. gambled that the Russian economy would collapse without trade in required precedents but they have managed to supply them themselves or through trade with less belligerent powers

this post was submitted on 02 Nov 2024
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Economics

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