Russian Economy Overtakes Germany, UK and France Despite Western Sanctions

submitted by EthnocratArcheofuturist from self.debatealtright

Quote:

The conflict in Ukraine and US-led sanctions on Russia have wreaked havoc on European economies. Dr Jack Rasmus, professor of economics and politics at St Mary's College in California, said that was Washington's plan all along.

Who knew? It's almost as if fossil fuels, agriculture, and minerals are more important than porn and social media.

Article:

https://sputnikglobe.com/20230810/russian-economy-overtakes-germany-uk-and-france-despite-western-sanctions-1112511026.html

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[–]neolib 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

The World Bank reported last week that by the end of 2022, Russia's wealth in purchasing power parity (PPP) terms exceeded $5 trillion for the first time — putting it ahead of western Europe's three biggest economies France, financial giant the UK and industrial powerhouse Germany.

[–]EthnocratArcheofuturist[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yes, which is a better metric than GDP.

[–]radicalcentristNational Centrism 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

I'm sure a website called "sputnikglobe" has no biases?

Like everything in life, there's always going to be a mix of truths and half truths.

For example, the Soviets once claimed a higher calorie count than the U.S. Yet, there was still chronic shortages and lineups for food right before the USSR collapsed.

[–]EthnocratArcheofuturist[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

That's not the source you cretin.