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EU - UK vs. Russia Ukraine as the "trial" case?
by tellarin 9y ago
EU - UK vs. Russia
Ukraine as the "trial" case?
- Balero 9y agoRussia has a smaller economy than Italy. They have an disproportionally large military compared to their size, but this is running much closer to what they can sustain than European countries, which run a disproportionally small military.
- adventured 9y agoTo add to that, Russia's economy hasn't expanded much in real terms in the last 30 years. They've expended vast natural resources to slightly more than tread water. Russia's GDP in the late 1980s was around half a trillion dollars. Today it's around $1.3 trillion. Accounting for even a small amount of annual inflation, they've grown the economy by perhaps 20% to 30% over 30 years. And that's coming from an extremely backwards Communist system.
- Bendingo 9y ago>Russia's economy hasn't expanded much in real terms in the last 30 years Russian GDP has dropped since 2014 due to sanctions. If you look at prior to sanctions, growth is more impressive. From [1]: GDP (USD billion) 1990 2014 --------------------------------- UK 1093 2999 India 317 2035 Russia 517 2064 Recent growth is much stronger [2] [3]. [1] https://www.google.com.au/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=country:RUS:IND:GBR&hl=en&dl=en https://www.google.com.au/publicdata/explore?ds=d5bncppjof8f... [2] https://www.reuters.com/article/us-russia-gdp/russias-gdp-growth-exceeds-2-percent-in-third-quarter-economy-minister-idUSKBN1CJ0IV https://www.reuters.com/article/us-russia-gdp/russias-gdp-gr... [3] https://www.focus-economics.com/countries/russia/news/gdp/economy-gains-momentum-in-q2 https://www.focus-economics.com/countries/russia/news/gdp/ec...