Russia is now the fourth largest economy. But how?
Russia is now the fourth largest economy. But how?
An explainer on how Russia's economy is growing despite the war and sanctions from the West.
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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Last I heard (several months ago, admittedly), Russia had stopped sharing the data needed to validate their economic reports. As a result I immediately distrust anyone saying anything definitive (up or down) about Russia’s economy.
Additionally, this is the first I’ve heard of either site you’ve linked to, so I call bullshit. This doesn’t fully track and can’t be verified.
it's 2023 data. Article explains it ok. Wapo did a piece on how Russian economy was booming this year as well. Wages are high as an alternative to joining army.