Realjohnn@lemmy.world to World News@lemmy.worldEnglish · 1 year agoRussian Dam Bursts Washing Away Railroad - Economy To Lose "Billions" - -ptv-news.com.pkexternal-linkmessage-square52fedilinkarrow-up1254arrow-down115
arrow-up1239arrow-down1external-linkRussian Dam Bursts Washing Away Railroad - Economy To Lose "Billions" - -ptv-news.com.pkRealjohnn@lemmy.world to World News@lemmy.worldEnglish · 1 year agomessage-square52fedilink
minus-squarePons_Aelius@kbin.sociallinkfedilinkarrow-up9·1 year ago For a dam failure that sounds like a pittance. exchange rates comparisons, especially for a falling currency, undervalue what the local buying power /economic impact of Billions of rubles is, in Russia.
minus-squareTangent5280@lemmy.worldlinkfedilinkEnglisharrow-up6·1 year agoOh yeah, I forgot about purchase power parity.
minus-squaresomethingsnappy@lemmy.worldlinkfedilinkEnglisharrow-up2·1 year agoMuch better take, but who could tell us what a ruble buys inside Russia?
exchange rates comparisons, especially for a falling currency, undervalue what the local buying power /economic impact of Billions of rubles is, in Russia.
Oh yeah, I forgot about purchase power parity.
Much better take, but who could tell us what a ruble buys inside Russia?