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Video is by Patrick Boyle who has experience as a hedge fund manager, a university professor and a former investment banker. Since it is hard to get real econo
by tomalaci 4y ago
Video is by Patrick Boyle who has experience as a hedge fund manager, a university professor and a former investment banker.
Since it is hard to get real economic metrics out of Russia he uses Yale University report for his summary [1].
[1] Business Retreats and Sanctions Are Crippling the Russian Economy – Yale University https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193
- vegai_ 4y agoSo is this a Betteridge's headline?
- tomalaci 4y agoPretty much. I was quite tempted to put "(no)" after title but I guess HN usually wants exact titles. That said, measuring Russia's economy is kind of hard anyways because most of the wealth is concentrated in oligarchs and they have enterprises all across the world. Very often even if one of the oligarchs is doing well financially it won't exactly translate into Russian people gaining any benefits (most likely it will be yet another yacht for that oligarch) but they will still probably count it as an increase in their country's GDP.