Russian forces invade Ukraine after Putin orders attack

Re:Russian forces invade Ukraine after Putin orders attack by 300bps on Thursday February 24, 2022 @08:44AM (#30454551)

And Russias GDP is as big as Italy

Russia’s GDP is 25% smaller than the U.S. State of Texas.

It sounds like a joke but it isn’t.

Texas GDP is $2.0 trillion.

Russia GDP is $1.48 trillion.

Most of Russia’s GDP is selling oil and gas which is one of the reasons Putin is able to do this now. Through higher oil prices he’s amassed a war chest of $631 billion in foreign currency reserves that will enable him to weather sanctions. That along with the friendship treaty with China giving them a market to sell their oil and gas and sanctions will prove fairly toothless.

https://www.reuters.com/markets/europe/russia-counts-reserve...

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Re:Russian forces invade Ukraine after Putin orders attack by rich_sasha on Thursday February 24, 2022 @09:05AM (#30454785)

China doesn’t need Russia as an ally, a client perhaps.

Also those petrodollars will slow if Russia has a single buyer.

Not to mention, carbohydrates’ days are counter. Gulf countries are diversifying like crazy, Russia not so much.

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Re:Russian forces invade Ukraine after Putin orders attack by achenet on Thursday February 24, 2022 @09:07AM (#30454814)

I think you mean hydrocarbons, carbohydrates are sugars ;)

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Re:Russian forces invade Ukraine after Putin orders attack by gafferongames on Thursday February 24, 2022 @09:43AM (#30455261)

Can confirm carbohydrates market is still strong. I just had an almond croissant for breakfast

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Re:Russian forces invade Ukraine after Putin orders attack by panzagl on Thursday February 24, 2022 @10:21AM (#30455679)

If Putin wins you'll have babka for breakfast

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Re:Russian forces invade Ukraine after Putin orders attack by rich_sasha on Friday February 25, 2022 @04:17AM (#30465243)

As it happens, Russia is. Big exported of carbohydrates too (grain).

But yes, pre coffee booboo.

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Re:Russian forces invade Ukraine after Putin orders attack by unfocussed_mike on Thursday February 24, 2022 @11:10AM (#30456370)

Also the Italy comparison doesn't take into account GDP PPP per capita (Italy 44th in the world, Russia 77th and below several former Comecon states) or the extensive difference in the amount of stolen wealth in their respective diasporas.

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