Of course I know Soviet Union collapsed, but it's too bad.
>>79071852
Conservatism is a disease.
Wow what a rival
In 1985 they were nearly 700x poorer than us
>>79072286
Russia is the poorest country on earth.
>>79071912
>700x poorer than us
This is your brain on american education
>>79072618
Oops meant for
>>79072286
>>79071852
That isn't even the worst.
>Russia GDP 2013
2.231 trillion USD
>Russia GDP 2016
1.283 trillion USD
That's nearly a FIFTY PERCENT (50%) drop in three (3) years.
>>79071852
the power of capitalism at hand
>>79072660
oh my bad
I did the math. It was 1,106%x lower than the U.S. economy
>>79072764
The price of commodities fell and the ruble lost 50% of it's value. That's all that happened and something similar happened to Brazil but not as severe because we sell different commodities and to different countries(to China instead of shitty Europe). We once had an economy bigger than UK, a country that once had an empire so vast it ruled the entire world.
>>79073142
California has a higher GDP than the U.K. lol
http://www.usdebtclock.org/world-debt-clock.html
>>79073142
At least their PPP-adjusted GDP per capita didn't take too much of a hit, going from 25144.1 USD to 24026 USD in the same time period. Still bad, but it could be much worse. So the average Russian isn't living that much worse than before this happened, but I still wonder what the implications of that GDP drop are. Surely, having such a gigantic drop in nominal GDP must have a huge effect on their power projection on several different levels.
>>79073312
>At least their PPP-adjusted GDP per capita didn't take too much of a hit, going from 25144.1 USD to 24026 USD in the same time period.
Brazil on the other hand, lost 10% of real GDP growth, which means our ppp went to shit. We lost almost 10 years of growth, an entire decade wiped off.
>>79073647
seems grim
is there any hope of things improving?
>>79073732
Going back to 2000s levels of growth is impossible, but things seems stable now, unemployment still very high though.