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Russia is spending surprisingly little on its war on Ukraine
An honorable member of the Coffee Shop Has Just Posted the Following:
Russia's invasion of Ukraine has come at a steep geopolitical price and tens of thousands of people have died, but a new analysis by the Economist suggests the country is actually spending a small amount on the war effort. The direct fiscal cost of the war — spending on soldiers and machines — is estimated to be about 3% of Russia's GDP, or roughly $67 billion a year, according to the report. That figure comes from a comparison of Moscow's pre-invasion spending... Read more Click here to view the whole thread at www.sammyboy.com. |
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