RE: Russia and Ukraine
October 1, 2022 at 2:48 pm
(This post was last modified: October 1, 2022 at 4:18 pm by Thumpalumpacus.)
(October 1, 2022 at 9:29 am)The Grand Nudger Wrote: Right, and if that's the problem with war, any number of profit based or profit seeking strategies overcome that objection.
If we're allowing profitability metrics, then russia is fucking the pooch on both counts. One, in that it's engaging in a war (and in a way) that is unjustifiable - and two, in that there's no credible expectation of profit from this war if there once was..that moment has passed. They'd hoped to smash and grab a 7-11...but when they got there, the place was full of swat.
I read this morning that Russia is spending almost $500 million a day for this war, which puts their running total thus far a little over one hundred billion dollars. In an economy with a GDP of less that $2 trillion, that's going to hurt at a certain point.