To: Archie Bunker on steroids
"Rest of the world’s developed nations.
Hopefully Putin does mot choose to bankrupt his country like the rest of us are." Russia's economy is already a complete wreck:
- Russia's ruble is rubble, having lost over half its value since July 2022 and over 1/4 of its value 12 months ago.
- Russia's inflation rate is well above the official 9%, with estimates as high as 75% for basic commodities since 2019.
- Russia's government spending, approaching 40% of GDP, is nearly double the US, and of that 40%, about 40% is military spending -- meaning roughly 16% of Russia's economy is grinding away producing war materials that are quickly destroyed in Ukraine.
- Russia's total exports and most notably, military exports, are down by over 90% from their peak before 2014.
- Prior to 2022, Putin had accumulated a "war chest" of nearly $1 trillion, of which most (but not all) has been expended.
What's left are rapidly shrinking reserves of gold and other valuable materials. - Russia's Ukraine War losses include:
- ~800,000 casualties including 200,000+ deaths
- 100,000 military vehicles & war equipment destroyed
- Uncounted ammunition, fuel and other necessary supplies consumed or destroyed.
- 2,000,000 Russians escaped Russia to avoid the war's consequences.
- Significant but not yet crippling damage to Russian energy & transportation infrastructure.
How quickly can Russians recover after the war is over?
All depends on the conditions and terms when that happens.
11 posted on
12/31/2024 5:40:18 AM PST by
BroJoeK
(future DDG 134 -- we remember)
To: BroJoeK; Archie Bunker on steroids; ANKE69; marcusmaximus; Allegra; JonPreston; BobL
Eggs in some parts of the US are $7.00 a dozen - IF you can get them.
I saw a grocery store yesterday that was completely cleaned out of eggs - and another shopper who heard my exclamation about the empty egg shelves told me that the local Walmart was cleaned out, too...

14 posted on
12/31/2024 6:57:36 AM PST by
kiryandil
(No one in AZ that voted for Trump voted for Gallego )
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