As much as I would love that, probably they don’t have their fortune in cash savings but most probably put it into diversified investments of some sorts.
I’m guessing both, so they get returns and still have an “oh shit” fund. I doubt it would be good for the oligarchs, at the very least.
Venezuela can do hyperinflation because they have a more ideologically driven elite who will ride out the turbulence. No such luck for Putin; he’s a neofeudal lord and has to keep palms greased like it.
I wonder who would down vote this comment like I want to know if anyone really believes that any of these soldiers will receive even a penny? please feel free to embarrass yourselves trying to prove me wrong.
True, and when they do get deployed, there’s, like, a McDicks and a Pappa John’s that deploys with them. And all the equipment is up to date and works (which is something even by Western standards).
That’s income, though, which is correct for this discussion. It’s the same colour on the wealth map, and I can only imagine how skewed the raw data is with all the hidden wealth.
The minimum what? I’m pretty sure the minimum is 0 in both places. The minimum salary mandated by the government? That’s just a policy, it says nothing on how realistic, widespread or sustainable it is within the two countries.
Either way I’m sure there’s a perfect metric for a comparison, probbaly the kind of lifestyle you can attain with that income, but I’d be surprised to find it significantly different than this rough estimate.
I also don’t believe people attracted by this prospect are economists…
That’s a lot of money in a country like Russia
If they ever get a dime of it.
Maybe they just print the money. Isn’t that what dictatorships often end up doing?
Yeah but if they send these troops to the areas that are most deadly, then they don’t have to pay them for very long in the first place.
No need to print the money if you’re not actually spending it.
I invite them to do that. I’m sure the oligarchs will love having their local savings massively devalued, and won’t support a coup of any kind. /s
As much as I would love that, probably they don’t have their fortune in cash savings but most probably put it into diversified investments of some sorts.
I’m guessing both, so they get returns and still have an “oh shit” fund. I doubt it would be good for the oligarchs, at the very least.
Venezuela can do hyperinflation because they have a more ideologically driven elite who will ride out the turbulence. No such luck for Putin; he’s a neofeudal lord and has to keep palms greased like it.
I wonder who would down vote this comment like I want to know if anyone really believes that any of these soldiers will receive even a penny? please feel free to embarrass yourselves trying to prove me wrong.
Yeah true
That’s above median individual income in the US
Our troops get paid less too
We also don’t send them to die en masse in human wave attacks.
True, and when they do get deployed, there’s, like, a McDicks and a Pappa John’s that deploys with them. And all the equipment is up to date and works (which is something even by Western standards).
@CanadaPlus @slumlordthanatos we need harder 2ndary sanctions. Still too much money they earn. #fuckrussia
According to this: https://www.worlddata.info/average-income.php
It’s around $360,000 in the US.
Average is a poor metric, as it accounts for the rich who steal like there’s no tomorrow in countries like Russia. Go by the minimum.
Do the rich not steal in US?
Not to underplay how bad things are in Russia, but the gini coefficient is actually a bit higher in the US
Huh, look at that.
That’s income, though, which is correct for this discussion. It’s the same colour on the wealth map, and I can only imagine how skewed the raw data is with all the hidden wealth.
The minimum what? I’m pretty sure the minimum is 0 in both places. The minimum salary mandated by the government? That’s just a policy, it says nothing on how realistic, widespread or sustainable it is within the two countries.
Either way I’m sure there’s a perfect metric for a comparison, probbaly the kind of lifestyle you can attain with that income, but I’d be surprised to find it significantly different than this rough estimate.
I also don’t believe people attracted by this prospect are economists…