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To: delta7

Based on whose reporting? Nowadays, money goes in and then goes out of Russia with little transparency. We do know though that Russian state finances are a shambles because of the cost of Putin’s war on Ukraine and the effect of sanctions. And Russia’s domestic economy is about the size of Indonesia’s.


59 posted on 06/21/2024 1:18:46 PM PDT by Rockingham
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To: Rockingham

We do know though that Russian state finances are a shambles
———
With only a 17 percent debt ratio- I would say definitely not- the US debt to GDP ration is 130 percent. Russia has one of the lowest debt ratios in the world- which makes them one of the most financially secure nations in the world.

The US ( and West) are broke, and can never pay off their debt- Russia can.


74 posted on 06/21/2024 3:25:47 PM PDT by delta7
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To: Rockingham

“We do know though that Russian state finances are a shambles because of the cost of Putin’s war on Ukraine and the effect of sanctions.”

Other than Joe Blog, might you have a VALID LINK supporting that claim?


87 posted on 06/21/2024 3:42:04 PM PDT by BobL
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