quietviper0 said:Honestly, it was rather difficult and a bit uncomfortable to witness such a total lack of fundamental economic understanding for the first time, though one can't help but hope that things won't escalate further from here...
Then a certain "calculation" was presented, and once again, I found myself hoping that we had finally reached the end of it.
Since you clearly aren't planning on backing down, I really must ask you to perhaps brush up on some basic economic principles before diving back into any deeper analysis of financial matters...
Look, I don't care if you're a welder, a janitor, or whatever—it's not my business. But I've got an economics degree and experience in banking, so when you claim I know nothing, at least have the decency to hit me with a real counter-argument.
Here’s the reality: Russia's GDP dropped 4% monthly when measured in USD. Let's say pre-war it was $10,000 per capita, and now it's sitting at $9,600.
Furthermore, if $1 USD used to be 80 rubles, that puts the GDP at 800,000 rubles. Now, with $1 USD equaling only 60 rubles, that $9,600 translates to just 576,000 rubles.
So, the gap between 800,000 and 576,000 is a 30% drop. Russia's GDP fell by 30% when measured in rubles—and that's even before considering how much more expensive everything has become there.
Call me names all you want, but any sane person will take my side until you can actually dismantle my numbers. Honestly, if someone proves me wrong with actual facts, I'll be the first to admit I messed up.