Political scientist Ivan Zadorozhny wrote: "The United State of American military might is certain to last while the money is there for the borrowing. But when the world stops lending, all bets are off.”
“For example, if there is a capital flight from the U.S. in the event of war with Russia, to which country will the capital and assets move?” “If the dollar collapses, what is the currency in which foreign trade will be conducted? Will the euro not collapse as well? Furthermore, the Russian economy is in recession, and the ruble has plummeted; with the current global oil surplus, wouldn’t pressure on the price of oil be even greater if there is war? And what are Russia’s alternative sources of foreign exchange?”
Zadorozhny, in an article headlined “Military Power Doesn’t Directly Correlate to GDP,” said that all the talk about Russia being militarily “outmatched” by the U.S. doesn’t translate into U.S. superiority.
“There are problems with GDP or military budget comparisons, particularly if these are applied to Russia. First, military power doesn’t directly correlate with GDP size. Second, in the case of Russia, the lack of any such correlation is glaringly evident. That Russia punches well above its economic weight is obvious to all.
Zadorozhny, in an article headlined “Military Power Doesn’t Directly Correlate to GDP,” said that all the talk about Russia being militarily “outmatched” by the U.S. doesn’t translate into U.S. superiority.
“There are problems with GDP or military budget comparisons, particularly if these are applied to Russia. First, military power doesn’t directly correlate with GDP size. Second, in the case of Russia, the lack of any such correlation is glaringly evident. That Russia punches well above its economic weight is obvious to all.
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