Hello! This is Alexandra Prokopenko with your weekly guide to the Russian economy — brought to you by The Bell. I am joined this time by analyst Alexander Kolyandr. We focus this week on how the Ukraine war is gradually becoming key to both Russia’s economy and its politics and

Russia’s war in Ukraine is already in its 17th month. In that time, President Vladimir Putin has clearly demonstrated that he is not bothered by losses — whether they be financial, material, or human. His war will go on as long as he needs. And, judging by how the authorities have woven the so-called “special military operation” into Russian life, that will be a long time.

  • Noughmad@programming.dev
    61·
    1 year ago

    The thing about corruption is that it’s very inefficient. Spending a trillion dollars on weapons translates to only a couple of billions in the pockets of profiteers, the rest is used to actually make the weapons, move them in place, and to pay the people using them.

    So with a useless war, you waste far more than you would if you just have the money to the profiteers.

    • WalrusDragonOnABike@kbin.social
      21·
      1 year ago

      The money would be wasted on things like super yachts anyways. At least a good chunk of this waste goes to things like feeding and housing soldiers and contractors and paying those people and all the people who make the food, supplies, etc. Seems less wasteful than just giving it to billionaires. Granted, the weapons, when they actually function at all, can be used to cause harm to many people…