Sanctions on Russia
in War in Ukraine ·
urbanotter said:I honestly have no idea what you mean by those numbers, 12,500 and 17,300.
When you take a look at the list of countries ranked by GDP per capita—which is widely considered one of the primary indicators of a nation's standard of living—an objective observer would notice that Russia and the United States are actually quite close in terms of GDP per capita.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_per_capita
Furthermore, one must also account for purchasing power parity and the actual amount of disposable income an average citizen retains after covering their essential cost of living.
I won't bother commenting on your crystal ball predictions, but I will reiterate my own point: the availability of cheaper emerging markets provides a massive advantage to countries that didn't join the sanctions against Russia. Those who did implement sanctions are forced to buy energy on the open stock exchange, often paying up to 40% more.
And as for those fears regarding the exodus of roughly 300,000 Russian citizens moving abroad—when you consider they have a population of 140 million, that migration is statistically insignificant. It would be like if ten thousand people left a mid-sized American city; it doesn't change the fundamental scale of the nation.
Russia has some deep, structural issues with their population demographics and birth rates. This isn't new—it's been brewing for a long time, and they're in a way worse spot than we are. You can look that up yourself.
The war definitely isn't helping matters.