The Russian economy cannot win or lose the war. The dependence of the Russian economy on military spending has reached such a level that it cannot afford to win or lose a war, said Renaud Foucart, a professor of economics at Lancaster University. T... #RenaudFoucart #RussianEconomicLosses #RussianEconomy #RussianMilitary #WarinUkraine
Russia lost $30B of its GDP in two weeks of the war against Ukraine. Two weeks after Russia’s invasion of Ukraine, the aggressor has suffered almost the worst economic decline since the crisis of the 1990s, which has already reduced Russia’s GDP by $30B, o... #RussianEconomicLosses #RussianInvasion #RussianLosses
