logoalt Hacker News

igravioustoday at 7:53 AM1 replyview on HN

This Russia? https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

The fourth largest economy in the world? With a deep reservoir of resources and a huge energy and industrial base and bordering China?

Ok guy.


Replies

Xalutionotoday at 8:05 AM

"Ok guy" :D are you russian?

anyway russia has a high GDP for sure but guess what it did the last 4 years? It threw that money into ukraine without getting anything from it.

No new schools, no teachers / educated kids, no housing, no streets. Instead taking out massive loans, reducing their reservers.

And now no one is willing to buy russian bonds.

Russia is hurting itself A LOT and is now going after retirement money.

Russia HAS to start selling oil again but has to spend a lot of time and money on fixing what got destroyed while the war is still ongoing and the tacktik clearly shows how well it works. Ukraine will not stop tomorrow just because.

As long as russia is not winning or stoping this, its very very expensive for everyone in russia.

Collapse no clue how you would define it but at least from a world power russia already collapsed. The only two things keeping russia at this 'level' is their oil and the nuclear threat.

show 1 reply