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Russia’s economy is now completely driven by the war in Ukraine – it cannot afford to lose, but nor can it afford to win (theconversation.com)
submitted 8 months ago by 0x815@feddit.de to c/europe@feddit.de
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Cross-posted from: https://feddit.de/post/9438338

Military pay, ammunition, tanks, planes, and compensation for dead and wounded soldiers, all contribute to the GDP figures. Put simply, the war against Ukraine is now the main driver of Russia’s economic growth.

And it is a war that Russia cannot afford to win. The cost of rebuilding and maintaining security in a conquered Ukraine would be too great, and an isolated Russia could at best hope to become a junior partner entirely dependent on China.

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[-] gapbetweenus@feddit.de 43 points 8 months ago

Russia has managed to switch to war economy, that is not really good news for Europe.

[-] ladicius@lemmy.world 7 points 8 months ago

The first hit on NATO-soil will change the lame economical stance of Europe. Not good news for Ukraine sadly as NATO until then will be dragging its feet. I don't understand why.

[-] KISSmyOS@feddit.de -4 points 8 months ago* (last edited 8 months ago)

Because going to war is always a very, VERY bad idea, which should only ever be considered if all other alternatives are even worse.

[-] gian@lemmy.grys.it 10 points 8 months ago

Starting a was is a bad idea. Preparing to defend yourself it not a bad idea.

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this post was submitted on 28 Feb 2024
198 points (97.1% liked)

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