Its not 500,000 Ukrainian dead. According to the NYT (here's the link Armstrong won't give) the war hast cost 500,000 dead and wounded on both sides, not Ukraine alone. According to the NYT, Russia has 300,000 and Ukraine 200,000 total casualties, dead and wounded.
No wonder Armstrong won't post the link, when he twists meaning so badly. When checking the source shows Armstrong is clearly lying, why trust anything he says? If Ukraine had a half million dead, it would mean in the range one and a half million other wounded. If there were two million total Ukrainian causalities Russia would have already won.
Armstrong likes to make his economic confidence model whatever he wants it to be. Economics, war, voting, elections whatever he wants. One of his tricks is to claim he made a prediction, and that his model proved it. When in fact, he never made a public prediction beforehand.
> According to the NYT, ...
***********************************************
Please don't cite nonsense and bull**** from this totally unreliable propaganda source. The NYT just repeats as fact the bull**** numbers that the lying Ukrainians give them.