Comments by "Louis Giokas" (@louisgiokas2206) on "Russia is Bankrupt - Mathematical Proof" video.

  1. You are broadly correct. You are also not the only one saying it. There is a channel I occasionally watch, Joe Blogs, where he has gone into details about this very issue of the national wealth fund where he projected it to run out this year. The problem with the Soviets and now the Russians is that they want to play with the big boys, and they are, at best, second tier. During the Cold War, even during the Viet Nam War, US share of GDP was not over 10%, and generally lower. The Soviet Union, to try to keep up, was spending somewhere between 20% and 40% of GDP on defense (the numbers are hard to pin down). Military power, especially in the industrial age, comes from economic power.
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