Monday, June 10, 2024

MAJOR: Russia Officially Becomes World's 4th Largest Economy, Passing Japan

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https://simplicius76.substack.com/p/major-russia-officially-becomes-worlds?publication_id=1351274&utm_campaign=email-post-title&r=y7h5a&utm_medium=email 


That means Russia’s true concealed economic might may be even far higher and actually closer to that of India’s. I have already argued at length that Russia, being the most sanctioned and economically undermined and terrorized country on earth, via embargoes and outright industrial sabotage like the Nordstream attacks, may be underachieving—for now—while hiding a far more powerful economy than any current records show. If you take away those artificial handicaps unfairly gimping Russia’s economy, then it is almost certain that Russia’s true unmeasured economic might is that of 3rd place behind China and the U.S. It’s remarkable that even under unparalleled attack, Russia is able to command one of the fastest growing and most robust economies in the world.