• jaspersgroove@lemm.ee
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        5 months ago

        It absolutely is, that’s why the article is using percentages and not dollar amounts

        Going from $1 to $2 is a 100% increase but you’re still fucking broke afterwards, and the guy whose $1,000 only grew by 1% still made 10 times more money than you lol

        Maybe instead of spending all their money murdering Ukrainians they should be trying to create a country where the leading cause of death for young men isn’t alcoholism lol

  • beaxingu@kbin.run
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    5 months ago

    because producing war materials is propping up the economy in the short term. its a war economy but producing shit to blow up so too use up is not something that will be a benefit in the long term. sanctions is something that works over the long term and that need to be adjusted over time.

    • blterrible@lemmy.ml
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      5 months ago

      Also, when your economy is doing so poorly it’s easy to do better. When your economy is doing well, it’s more difficult to improve.

      Mathematically, if I give a naked homeless person with no worldly possessions a sandwich, they have infinitely more wealth. It’s still just a sandwich though.

  • Arcturus@lemmy.dbzer0.com
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    5 months ago

    Sanctions have been a blessing to Russia and China. Seems like they just make massive economies more self-sustaining and global south-oriented.

    • Manmoth@lemmy.ml
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      5 months ago

      The West has basically removed itself as a competitor to Russia ergo subsidizing the cost of building industry by simply leaving a void. It was so obvious that the sanctions were going to blow up in our face.