• Kachajal@lemmy.ml
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    1 year ago

    Russia posted a first-quarter deficit of almost 2.4 trillion rubles amid the war in Ukraine.

    Putin has absolutely destroyed Russia’s economy and population for decades to come, for absolutely no reason and no benefit.

    That’s just tragic.

    • 133arc585@lemmy.ml
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      1
      ·
      1 year ago

      Just FYI, 2.4 trillion rubles is only about $28 billion USD.

      The USA alone has spent about $40 billion on the war. If we look at the state’s deficit as a whole, not just war spending: the USAs first-quarter deficit is about $230 billion.

      If you calculate the first quarter deficit as a fraction of the country’s GDP, the difference between Russia and the USA is negligible. If you wouldn’t say that the USA is “destroying the economy and population for decades to come” on the monetary front, it makes no sense to make that statement about Russia either.

      • Kachajal@lemmy.ml
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        1
        ·
        edit-2
        1 year ago

        You’re right, I hadn’t actually realized how small a number that was. That’s almost suspiciously small, given the sanctions against Russia.

        Mind you, I was also thinking of the sheer amount of brain drain and population drain Russia’s war has resulted in for them.

        Also, USA’s spending on its military-industrial complex compared to its spending on every other part of its government is destroying its population, but that’s another issue.

        • 133arc585@lemmy.ml
          link
          fedilink
          English
          arrow-up
          2
          arrow-down
          1
          ·
          1 year ago

          Indeed, I think it’d be more accurate to say that both are hurting their people due to war spending rather than implying neither are.