1w ago

Russia to spend $1.1 trillion preparing for 'upcoming large-scale war,' Ukraine's intel chief says

kyivindependent.com

World News @quokk.au

Lemmynated @lemmy.zip

1w ago

Russia to spend $1.1 trillion preparing for 'upcoming large-scale war,' Ukraine's intel chief says

kyivindependent.com /russia-plans-to-spend-1-1-trillion-on-rearmament-by-2036-ukraine-intel-chief-says/

18 comments

They should finish their current war lmao.
how do they even have money left to spend???
- They don't. What they've been doing for a while is pretty much burning economic furniture for heat and printing more money.
  If this is true, I have to wonder if the budget guy writing it up believes any of it will actually happen.
- selling thier natural resources to china.
- They are in a surplus lol. West really doesn’t understand how resilient other economies can be.
  
  Russia has an "official" central bank interest rate of 20% with parts of the real economy seizing up due to the country's resources being funneled into creating vehicles that last for a few months before being blown up in their invasion.
  Large countries have a lot of levers they can pull to keep their economies going when they really need to, but they are damaging in the long run and get more damaging the longer they rely on them. Russia doesnt have some magical property of being extra resilient based on slavic tolerance of suffering.
Sounds like Putin wants to have his Baltic desert before he’s even finished his Ukraine.
- *dessert
- Not much time for slow moving plans at his age.
A $1.1 trillion spend for Russia might actually get them a partially working aircraft carrier.
Do I believe that Putin would love to start shit with many of his neighboring countries? Absolutely, yes.
Do I believe that Ukrainian intelligence (and government in general) has a great self-interest in other countries beefing up their defense spending, and possibly using Ukraine as a proxy to further erode the Russian military? Absolutely, yes.
With what economy? Russia has a yearly GDP of $2.2T. Going to spend 50% of that on defense in one year? Or are we talking over the course of 10 years? At which point the geopolitical situation will have changed and Putin will likely be dead.
- It says in the article that it's over 11 years

18 comments