this post was submitted on 16 Apr 2024
60 points (89.5% liked)

World News

32311 readers
1108 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
Rumblestiltskin@lemmy.ml
AgreeableLandscape@lemmy.ml
jackmarxist@lemmy.ml
zephyreks@lemmy.ml
OurToothbrush@lemmy.ml
60
Russia to grow faster than all advanced economies says IMF (www.bbc.com)
submitted 7 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml
35 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] PanArab@lemmygrad.ml 7 points 7 months ago (1 children)

I think the Russian GDP is roughly half of Germany’s GDP alone

not when measured in PPP

[–] mozz@mbin.grits.dev 3 points 7 months ago* (last edited 7 months ago) (1 children)

100% accurate. We could say that the PPP is 2:1 and so the military economies they can bring to bear are roughly equal.

I.e. despite their overwhelming size and population advantage, Russia somehow winds up exactly evenly matched for a fight against Germany and Ukraine and nobody else involved.

[–] PanArab@lemmygrad.ml 4 points 7 months ago

Yes, they are roughly equal but one is growing and the other is on track for a two-year recession.