What's your take on Putin? Based, Jew shill or ambivalent?

submitted by casparvoneverecBig tiddy respecter from self.debatealtright

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[–]radicalcentristNational Centrism 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (5 children)

I like his approach to paying off all national debts.

But he's done a terrible job with the economy. Russia has almost 2x the population of Germany, but a GDP that's smaller than Brazil. WTF?

If it weren't for all the nukes, Russia would be known as a backwater dump.

Edit: Speaking of which, whatever happened to their Space Program? The Soviets use to be at the forefront of this, but today, they're practically irrelevant.

[–]casparvoneverecBig tiddy respecter[S] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (0 children)

On a GDP(PPP) basis, Russia has the largest economy in Europe, on par with Germany. The Russian economy fell behind the West due to 70 years of communism. Then there was 10 years of nonstop looting and decay during Yeltsin. Putin took Russia out of the gutter in 2000 and has rebuilt it into a middle class country. You can't expect it to be a developed country after all that ruin.

Particularly, the Russian economy was distorted due to the hyper militarization of the Soviet Union during the cold war where 70% of industrial production went towards the military.

[–][deleted] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Well, Russia's economy sucks and its expected since they had communism.

[–]EthnocratArcheofuturist 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

paying off all national debts

Is insane. That will literally cause a depression.

[–]casparvoneverecBig tiddy respecter[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

No it wouldn't. National debt is too small to cause a deflationary spiral.

Plus Russian debt is 20 oe 30% of GDP. Quite low but not nil

[–]EthnocratArcheofuturist 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Plus Russian debt is 20 oe 30% of GDP.

That's an even more absurd then. That's very low.