... give a good talk about Russia's real economy.
The only point of contention is the size of... American economy most of which is reported from the service sector, real estate and other financial indices. It is definitely not $23 trillion and it is dwarfed by the economy of China. The structure matters here, and while still significant, US real sector, real industries, shrunk in the last 25 years dramatically, if not catastrophically. The hint is, of course, Russia producing MORE steel and iron than the US, and producing about 70% of energy of the US. Energy consumption in MTOE (Million Tons Oil Equivalent) for 2022 puts ratio at this figure:
Which roughly translated into about 38% of US consumption. Russian economy continues to surge like crazy and by the end of 2025 should hover at 40-42% of the US one. Which gives us a very rough size of Russian economy being about 40% of the US one if one projects those figures directly at GDP number, which, in its turn, is an extremely rough approximation.
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