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Huh, so you're claiming that GDP data and such is not correct? Any source on that? Because I see multiple sources reporting that in 2023 the GDP of Russia was $2,009,959M and that of Italy was $2,300,941M, although Italy has a higher debt %. Which would confirm the original posters claim considering Italy is a much, much smaller country than Russia. What I find a common trope is people claiming facts are incorrect wi…
At the start of Feb 2025 USD was 100 RUB, a few days ago it was 85 RUB. Does this mean their nominal GDP grew by 15% in one month? In some cases it's fine to use Nominal GDP while in other cases, you should use GDP PPP instead. When you look at PPP figures, Russia's economy is on par with Germany or Japan. https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) Anders Puck Nielsen just published an interesting v…
If they could keep selling in rubles without a fall in exports or prices then the month's contribution to GDP was 15% higher than the previous one. That doesn't seem very confusing.