georgephillip
Diamond Member
- Thread starter
- #41
How do you rate the "power" of the US military/economy today with their strength 30 years ago?Russia can’t even defeat Ukraine.
They’re in no position to go to war with the USA
The Soviet Union wasn’t even in a position to go to war with the USA, and the Russia of today is no where near as powerful as the USSR was in its day
The lasting economic scars of war.
"Wars leave deep and lasting scars on economies.
"Using data for 115 conflicts across 145 countries over the past 75 years, this column documents large and persistent declines in output, investment, and trade following the onset of war, with no evidence of recovery even a decade later.
"Government revenues collapse while spending remains stable, forcing reliance on inflationary finance and short-term debt.
"The findings show that the true cost of war extends far beyond the battlefield, reshaping fiscal and monetary stability for years to come."