Submitted by SnooPaintings5866 t3_117hxx2 in news
MightyH20 t1_j9ejifm wrote
Reply to comment by EconomistPunter in Russia's economy shrinks by less than expected by SnooPaintings5866
One can do math on the economic impact of dead or wounded soldiers not attributing to economic activities.
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Average employment in Russia: 60%
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Average Russian GDP per Capita: 12.000 a year.
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Wounded or dead Russians: 200.000
Missing out GDP (0.6 * 200.000)*12.000= $1.440.000.000 ($1.4B a year).
EconomistPunter t1_j9fljwg wrote
There are things called multiplier effects…
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