Russian Economy - Funding their Invasion of Ukraine

Crackdoc

Crackdoc

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Mar 9, 2011
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Canuckistan
The Russian economy is pretty much based on war at this time - no war, financial collapse ?

carnegieendowment.org

Russia’s 2024 Budget Shows It’s Planning for a Long War in Ukraine

By staking everything on rising military expenditure, the Kremlin is forcing the economy into the snare of perpetual war.
carnegieendowment.org carnegieendowment.org

"The war against Ukraine and the West is not only the Kremlin’s biggest priority; it is now also the main driver of Russia’s economic growth."

"
The Kremlin isn’t just gearing up for a prolonged war in Ukraine, but apparently sees certain economic benefits from such a scenario. Unlike oil, guns drive industrial growth: economic growth reached 4.9 percent in July. Industries directly related to the war have seen spectacular growth: production of transport is up 66.7 percent from last year, computers and electronics are up 42.6 percent, navigation devices 72.4 percent, electrical equipment 29.5 percent, and protective clothing 40.4 percent. Industries indirectly linked to the fighting are also experiencing abnormally high growth rates: equipment repair and installation is up 8.5 percent, while the food industry saw 11.3 percent growth.


Defense production is operating at full capacity, and most civilian sector industries have returned to their pre-war production levels. As a result, Russia has a record low unemployment rate of just 3 percent."
 
GrilledCheezus

GrilledCheezus

The Lord's Balls
Nov 1, 2011
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war is good for the economy. Peace is good for the economy.

BUT they are also killing a lot of their people. That will help your unemployment numbers too.
 
Groucho48

Groucho48

Was that you or the duck?
Oct 3, 2005
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The thing is, war spending does help an economy in the short term. Lots of spending, lots of jobs. But, when the war is over, all that spending and all those jobs produced nothing of benefit for the long term. No infrastructure, no housing, no schools, no new industries. It's as though your whole country was on hold for as many years as the war lasted. Falling behind all the countries that weren't at war.

And it's worse for Russia, About the only thing they can sell abroad is natural resources, mostly oil. And when that's gone, it's gone. And you're left with a pile of bullets and military uniforms and not much else to show for it.
 
Eager_Igraine

Eager_Igraine

By Jove I think you're on to something!
Oct 2, 2005
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I wonder what growth numbers they have in the civilian male workforce between the ages of 18 and 50?
 
Eager_Igraine

Eager_Igraine

By Jove I think you're on to something!
Oct 2, 2005
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Groucho48 said:
The thing is, war spending does help an economy in the short term. Lots of spending, lots of jobs. But, when the war is over, all that spending and all those jobs produced nothing of benefit for the long term. No infrastructure, no housing, no schools, no new industries. It's as though your whole country was on hold for as many years as the war lasted. Falling behind all the countries that weren't at war.

And it's worse for Russia, About the only thing they can sell abroad is natural resources, mostly oil. And when that's gone, it's gone. And you're left with a pile of bullets and military uniforms and not much else to show for it.
Click to expand...
Russia also has a long history of exporting arms. One of the reasons for the Iraq war of the 90s was to demonstrate the superiority of US weapons (for sale at a reasonable price...) vs. Russian weapons (for sale cheap, everything must go!) for the world market.
 
Groucho48

Groucho48

Was that you or the duck?
Oct 3, 2005
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That used to work for them but nowadays China sells the mass market stuff cheaper and it's better quality and Russia doesn't really have much of the high quality stuff.
 
swirly_commode

swirly_commode

official outpost genious
Feb 15, 2001
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bstulic said:
Belarus, Ukraine, Kazahstan, Moldova (not bordering, but still), China, North Korea, Georgia, Azerbaijan, Armenia
Click to expand...

Well it sounds like Russia is better get busy denazifying all these places.
I can't wait for them to defensively invade china
 
Eager_Igraine

Eager_Igraine

By Jove I think you're on to something!
Oct 2, 2005
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bstulic said:
Belarus, Ukraine, Kazahstan, Moldova (not bordering, but still), China, North Korea, Georgia, Azerbaijan, Armenia
Click to expand...
So your hot take is the US is destablizing all of these countries by allowing Putin to operate his little kleptocratic genocidal geopolitically destabilizing state in stand of just kicking his ass into a tiny hole in the ground? Sure, makes sense.

Except for China, of course. Xi should be able to realize decent ROI from the cheap price he paid to own Putin.
 
eodoll

eodoll

Voted best outposter
Oct 2, 2005
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He was probably poking fun at Kamala Harris' comment where she was asked for a dumbed down version of the ukraine situation that fox news viewers could understand. She said something like

ukraine is a country, russia is a county, they border each other, ukraine is smaller, russia is larger, russia invaded ukraine, it's wrong
 
OdourousEngine

OdourousEngine

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Apr 17, 2017
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And that JD Vance guy saying that the US should just cut and run. Turns out that the flag colours do run when the price is right
 
Trickyvinny

Trickyvinny

Typing With Monkeys
Jan 24, 2005
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eodoll said:
He was probably poking fun at Kamala Harris' comment where she was asked for a dumbed down version of the ukraine situation that fox news viewers could understand. She said something like

ukraine is a country, russia is a county, they border each other, ukraine is smaller, russia is larger, russia invaded ukraine, it's wrong
Click to expand...
Seems a bit complicated for fox news viewers.
 
Scarne

Scarne

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Jan 2, 2002
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Russia is getting low on Soviet vehicle stockpiles. Probably a big reason why they brought in North Korea. They are going to really start digging into really old 130mm artillery pieces and only NK has a large supply of that shell size.

But tank and APC losses are really going to hurt Russia's ability to be able to try to push on so many fronts. Even with their wartime economy, they don't even produce 2 tanks per week and their tank losses are well higher than that.
 
Yukishiro1

Yukishiro1

/tentacle
Oct 2, 2005
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Nobody really knows how Russia's economy is doing. The data is suppressed and edited so thoroughly that it's all just guesswork.
 
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