this post was submitted on 26 Jul 2024
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Russia’s surprising consumer spending boom (www.ft.com)
submitted 3 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] yogthos@lemmygrad.ml 5 points 3 months ago

It's a massive increase from peace time, but it's a tiny percentage of the overall economy. The point here is that the overall economy in Russia is very obviously not driven by the military industry. The reality is that 6% of the economy is negligible in practice.