this post was submitted on 16 Apr 2024

59 points (88.3% liked)

World News

32076 readers

1138 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 4 years ago

MODERATORS

Rumblestiltskin@lemmy.ml

AgreeableLandscape@lemmy.ml

jackmarxist@lemmy.ml

zephyreks@lemmy.ml

OurToothbrush@lemmy.ml

59

Russia to grow faster than all advanced economies says IMF (www.bbc.com)

submitted 5 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

35 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] PanArab@lemmygrad.ml 6 points 5 months ago (1 children)

I think the Russian GDP is roughly half of Germany’s GDP alone

not when measured in PPP

[–] mozz@mbin.grits.dev 3 points 5 months ago* (last edited 5 months ago) (1 children)

100% accurate. We could say that the PPP is 2:1 and so the military economies they can bring to bear are roughly equal.

I.e. despite their overwhelming size and population advantage, Russia somehow winds up exactly evenly matched for a fight against Germany and Ukraine and nobody else involved.

[–] PanArab@lemmygrad.ml 4 points 5 months ago

Yes, they are roughly equal but one is growing and the other is on track for a two-year recession.