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Any reason that you used PPP over GDP? What was the source of your PPP estimates? There many different PPP calculations,the IMF shows Mexico not all that far behind Russia and China ahead of USA by ~10% and ahead of Russia by ~680% (~ 7x !!!) https://t.ly/Fw4W

A Piketty follower? You know he repositioned after some “errors” were shown? https://www.cato.org/policy-report/july/august-2015/how-piketty-misses-point

If you are fluffing Putin use the Big Mac index. https://www.statista.com/statistics/274326/big-mac-index-global-prices-for-a-big-mac/

If you want it on the level, Truman’s one-armed economist is the only way. https://www.economist.com/buttonwoods-notebook/2010/06/07/one-armed-economists

—”Because of greater gross domestic product and lower “income inequality” in Russia the average Russian makes more than twice what the average Mexican does.”

PLS show your work and source/date.

The Gross Domestic Product per capita in Mexico was last recorded at 20036.46 US dollars in 2021, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Mexico, when adjusted by Purchasing Power Parity is equivalent to 113 percent of the world’s average. source: World Bank https://t.ly/30Zv

The Gross Domestic Product per capita in Russia was last recorded at 32803.36 US dollars in 2021, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Russia, when adjusted by Purchasing Power Parity is equivalent to 185 percent of the world’s average. source: World Bank https://t.ly/d296

Different yes, and you can root around and possibly find something closer to your 200% of Mexico assertion. But unlikely to be approved by the legendary one-armed econ master.

—”Military spending by the Russian government for their Ukrainian misadventure has been a fraction of the increase in funds provided by the huge increase in what they are being paid for their exports.”

Fractions come in many sizes. 10/1 (ten over one) is a fraction and that may be the case.

Have a look at extraction cost .
Yes for Jed Clampett, “ And up through the ground come a bubbling crude”, Russia not so much.

Their extraction cost are not even close to low, and transportation is also not cheap for most of their wells. Now selling at a deep discount and additional ocean transport charges.

“The cost of producing a single barrel of Brent crude oil came in at around $42 for Russian onshore projects, and $44 for offshore projects, IHS Markit estimated. That was more than twice the $17 per barrel production costs in Saudi Arabia — the cheapest in the world.” https://t.ly/6Czx

—”Their national debt is $410 billion. Our National debt if you include “unfunded liabilities” which is money already promised is $190 trillion”

Sadly true and worse still, the brandon plan is to inflate his way out of it; repaying past debt with inflated dollars. SUCH A DEAL....NB: That move will take about a generation.

—”But does Russia have the third world masses trying to invade their borders to enjoy a better life. Obviously not. “

Much can be determined by observing if the people are attempting to enter the county or exit... We agree.

Any reason that you used PPP over GDP? What was the source of your PPP estimates?

I apologize for not including the actual names associated with the acronyms... I thought that I did. I also tend to leave more links, but I had no idea that the figures used were considered to be controversial.

PPP stands for Purchasing power parities. (PPPs) is a method of currency conversion that tries to equalize the purchasing power of different currencies, by adjusting for the differences in price levels between countries.

GDP stands for Gross Domestic Product which is the total monetary or market value of all the finished goods and services produced within a country's borders in a specified time period... usually a lower.

GNP stands for Gross National Product. (GNP) is the total value of all finished goods and services produced by a country's citizens in a given financial year, irrespective of their location... basically the same thing as GDP but also counting the value of a country's citizens when they are working outside of their borders.

There many different PPP calculations,the IMF shows Mexico not all that far behind Russia and China ahead of USA by ~10% and ahead of Russia by ~680% (~ 7x !!!) https://t.ly/Fw4W

You seem to have some very basic misunderstandings when it comes to economics... even the link that you provided to Wikipedia contradicts your statement. And Wikipedia is known to be populated by partisan hacks that... make up stuff constantly to support whatever politically correct nonsense such as “global warming” that is currently in vogue on the left.

From the top of your Wikipedia link...

Somehow, I am not seeing Mexico ahead of Russia by "~680% (~ 7x !!!)" anywhere in your link.

In the Table that follows in your link that shows countries in order of their GDP (PPP, US$ million) by country or territory... USA is listed as #2 behind China. Russia is listed as #6 behind "Eurasia". Mexico is listed as #13 behind Italy... So where did you pull your "~680% (~ 7x !!!)" from?

It is often amusing yet a little frustrating to try and converse with someone who has no idea what they are talking about. I am not trying to make you seem foolish. You are doing that to yourself, and you do not even seem to realize it.

The figures that I used were all easily verifiable from multiple sources. The figures you are using are made up nonsense which even your own links do not support. But it hardly matters because you do not even understand what it is that you are rambling about. I apologize for trying to interject some easily verifiably factual information to counter your nonsense. It did no good for you obviously.

Here is the basic concept that you should try to understand... Russia's economy has just received a huge influx of cash because the price of their exports has gone up astronomically. The increase in the price being paid for their exports is mostly because of the "economic sanctions" that are helping them and hurting us. It makes no difference what the state of their economy was before the "invasion"... it is much better now because of the idiotic reaction to their Ukrainian adventure. But what else could we expect from any effort associated with the Biden administration?

The success or failure of economic sanctions should be measured by the amount of hurt that they are causing the country which has been targeted. The "sanctions" have not hurt Russia, they have actually increased their liquidity to levels greater than what they were before the "invasion". Our economic pain is financing the Russian misadventure. And you are cheerleading for more of the same??? Wake up!!!