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Old 10th May 2022, 08:34
  #5343 (permalink)  
dead_pan
 
Join Date: Mar 2008
Location: London
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Originally Posted by etudiant
Russia is actually generating record revenues from energy exports, 1.8 trillion rubles in April
I saw this and initially thought "Wow, this is a lot of cash", but then did the math and realised this is only c.$26billion* (£21billion). Not that much given they too are suffering from a spike in inflation, increased welfare payments etc - even before the costs of the war (I've read that its costing Russia of the order of $0.75 billion per day)

Also, money does not an army buy, at least over the short term, unless you're content to throw your people into the maw armed only with anicent Soviet era kit

* Using the official exchange rate. Given Russia is using their reserves to prop this up, it could well be twice this in real terms i.e. the actual Dollar/GBP amount could be half what I've calculated.
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