Inflation Has Outpaced Wage Growth. Now It’s Cutting into Spending

Re:Inflation Has Outpaced Wage Growth. Now It’s Cutting into... by lettergram on Sunday July 17, 2022 @01:59PM (#32129268)

Energy is the most valuable resource in the world. Russia produces a large-ish percentage of the worlds oil and gas: https://en.m.wikipedia.org/wiki/List_of_countries_by_oil_exp...

Ukraine doesn’t even list on it. They produce grain the news says… about 1/3 as much wheat as Russia.

https://www.worldatlas.com/articles/top-wheat-producing-coun...

I can go on, but to put it simply Russian (and Belarus) GDP is much higher than Ukraine GDP. It’s safe to assume they produce more and strict sanctions on them will have a greater impact. Ukraine is still producing, so some of their goods are still able to come to market. That said, yes some was destroyed / impacted I’m sure — but again, far less than sanctions or the lockdowns.

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Re:Inflation Has Outpaced Wage Growth. Now It’s Cutting into... by klipt on Sunday July 17, 2022 @02:14PM (#32129441)

What would be the long term cost of letting Russia invade neighboring countries without sanctions?

How do we know they'd stop at Ukraine?

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Re:Inflation Has Outpaced Wage Growth. Now It’s Cutting into... by civilized on Sunday July 17, 2022 @02:36PM (#32129679)

The last time the world let a revanchist dictator take whatever European territory he wanted, things got much, much, much worse.

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Re:Inflation Has Outpaced Wage Growth. Now It’s Cutting into... by thatguy0900 on Sunday July 17, 2022 @02:39PM (#32129724)

Anyone who wants to can join nato? What is the long term cost of Russia owning Ukraine? Is there any? Russia interferes with our politics but whether they invade other countries most Americans couldn't place on a map doesn't have much to do with that.

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Re:Inflation Has Outpaced Wage Growth. Now It’s Cutting into... by Isinlor on Monday July 18, 2022 @05:12AM (#32136144)

What's the cost of Germany owning Sundetenland? Is there any?

The peace for our time. - September 1938, Chamberlain

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Re:Inflation Has Outpaced Wage Growth. Now It’s Cutting into... by thatguy0900 on Monday July 18, 2022 @12:26PM (#32140121)

I mean the difference here is Russia has shown it barely has the competency and supply chain to attack their next door neighbor. Does anyone honestly at this point believe they have the capability to blitz into Europe, or anywhere else really? This isn't nazi Germany that can take the world inch by inch. They will unquestionably be defeated by nato, nukes aside. And their nukes don't care how much territory they have or don't have.

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Re:Inflation Has Outpaced Wage Growth. Now It’s Cutting into... by lettergram on Sunday July 17, 2022 @06:28PM (#32132100)

I said nothing none way or the other about what we should do. Simply pointed out a reality around what is causing issues.

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