RUSSIA Doomed to Lose
Video Summary
Russia’s economy has been growing, with a 3.6% GDP growth in 2023, surpassing other major economies such as Germany, the US, Japan, and the UK. However, this growth is not attributed to Russia’s traditional strengths, such as oil and gas exports, but rather to the country’s wartime economy. The Russian government has been pumping billions of dollars into the war effort, creating a dependent economy that would collapse if the war were to stop suddenly. In fact, Russia can’t afford to lose the war or win the war. If Russia were to lose, it would have to pay for the rebuilding of the damaged areas, estimated to be around $400 billion. If it were to win, the wartime economy would cease, potentially leading to a huge fall in GDP. The Russian economy also faces fundamental problems, including a low birthrate, a high death rate, and a shrinking workforce, making it difficult for the country to recover from the war. The growth in GDP is only temporary and artificial, and the long-term implications for the Russian economy are grim.