Re:Germany softens stance on curbing Russian access to SWIFT
by aaomidi on Saturday February 26, 2022 @07:29PM
(#30483851)
Measuring GDP as richness isn't really useful. Russia doesn't operate a war on USD or EUR. This is like comparing income without taking into account cost of living.
GDP is not a good measure of richness of a country in relation to how it will handle itself in a war.
I was surprised to learn that the GDP of Russia is barely higher than the combined GDP of Luxembourg, Belgium an the Netherlands, three relatively small EU countries. Russia is a big country, has a large population, a populous army, but is relatively poor. War is expensive.