That is an understatement!!!
Russia was paying down its national debt in 2023. They reduced it by $57 Billion which was approximately 15% of the total that they owed. The United States National Debt went up $2 Trillion to $34 Trillion in the same time period. And this does not include the increase on the $212 Trillion in unfunded liabilities which is going up at an even faster rate.
Russian GPD is currently growing at 5% a year. Their economy is going gang busters compared to ours. The United States GPD growth is currently at 2.1% and projected to fall to 1.4% in 2024. But at least that is better than France currently at 1%, or the .48% that the United Kingdom's GDP grew at in 2023.
143 million people live in Russia. The country owes $271.6 Billion that comes to approximately $1,900 per person.
332 million people live in the United States. Our country owes $34 Trillion that comes to $102,400 per person. But wait in the United States we also have $212 Trillion in “unfunded liabilities” that comes to an additional $638,500 of debt per person. Let's not bother counting the additional $4 Trillion owed by state and local governments.
Russians are doing just fine compared people in the United States. They are climbing out of 3rd world status while we are rushing headlong into an unsustainable abyss of debt while our society is coming apart at the seams.