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Re:The Trump administration accidentally texted me its war p... by jaredklewis on Wednesday March 26, 2025 @02:21AM (#43479341)
Does entrepreneurship flourish in Russia? This would surprise me just because its GDP is smaller than Italy's, and around 17% of it is oil and gas. CAGR for past 10 years in Russia is ~1.5% (compared with ~2.3% for the US).

Just seems logical to me that if entrepreneurship was flourishing, we would see more economic growth as a result.

Re:The Trump administration accidentally texted me its war p... by fpoling on Wednesday March 26, 2025 @03:53AM (#43479825)
Russia has been spending all gains in economy on military for the last 15 years. Ability of local businessmen to quickly find new trading partners in Asia is one of the primary reasons Russian economy did not collapsed under suctions and the war.
Re:The Trump administration accidentally texted me its war p... by flakeoil on Wednesday March 26, 2025 @04:08AM (#43479912)
It's thanks to oil, gas and minerals exports they have managed to keep the russian economy going. Not thanks to entrepreneurship or some russian made products. They also stole a lot of western companies and their assets.
Re:The Trump administration accidentally texted me its war p... by m000 on Wednesday March 26, 2025 @06:10AM (#43480546)
West imposes sanctions forcing business to divest and leave Russia -> Russia "stole". That's some next-level reasoning there.
Re:The Trump administration accidentally texted me its war p... by dudefeliciano on Wednesday March 26, 2025 @02:46PM (#43485469)
I wouldn't be so snarky when your own reasoning leaves out a key part of the series of events there..
Re:The Trump administration accidentally texted me its war p... by netsharc on Thursday March 27, 2025 @05:28AM (#43491737)
When the government said businesses must be locally owned, of course the bandits with money (aka oligarchs) saw the opportunity and suddenly became company-owners left and right. I guess it's "the West"'s fault that they created space for the bandits to move in (and not Putin's fault that he forced "the West" to sanction the country because of invasion). If we go further up the "cause and effect" chain it must be NATO's fault for expanding into East Europe. ;) .. but why wouldn't Eastern European countries want to join NATO, considering their large neighbor to the East still have imperialistic dreams.
Re:The Trump administration accidentally texted me its war p... by fp64 on Wednesday March 26, 2025 @03:52AM (#43479820)
You can’t take the GDP in US$ for comparison, given the sanctions and all. PPP is a better means.

I do not know about entrepreneurship, but I do know that a Russian’s average purchase power is significantly higher than what you might expect from just looking at the GDP

Re:The Trump administration accidentally texted me its war p... by jaredklewis on Thursday March 27, 2025 @12:53PM (#43495498)
It might be true that we can’t compare gdp between Russia and other countries, but even if so, wouldn’t we see a growth in GDP over time (ie comparing Russia to itself)?
Re:The Trump administration accidentally texted me its war p... by tonyhart7 on Wednesday March 26, 2025 @06:33AM (#43480672)
"This would surprise me just because its GDP is smaller than Italy's"

GDP to US dollar is only works IF your export and import is only traded with US dollar which doesn't to be the case since Russia is trade with Brics partner that bypass all sanction and not using US dollar