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GDP is almost irrelevant when it comes to Russia's true strength and persistence. It's true however that winning a war is incredibly difficult, and the outcome
by sgt 2y ago
GDP is almost irrelevant when it comes to Russia's true strength and persistence.
It's true however that winning a war is incredibly difficult, and the outcome could still be the same for Russia, if their GDP was increased by an order of magnitude.
Russia also has a unique ability to turn the entire economy into a sort of "war economy". That hasn't really been done yet.
- DoughnutHole 2y agoRussia’s ability to implement a war economy isn’t unique - the last time they did it (WWII) so did the UK, Germany, and the US. More recent examples include the both sides of the Iran-Iraq war and Armenia in its war with Azerbaijan. GDP has implications for the productivity of an economy and the budget of the government. 41% of Russia’s government spending at the minute is on the war which means they have to either cut spending on other things weakening the state or drive massive debt and inflation. There’s a reason you can only run a war economy for so long - eventually you win the war or bleed your economy dry. Russia’s had the advantage of huge legacy reserves of equipment from the USSR days and a larger population. We’ll see how long they can last tapping the well.
- trogdor 2y ago> Russia also has a unique ability to turn the entire economy into a sort of "war economy". That hasn't really been done yet. Would you explain what you mean by this and why you believe it to be true?