Russia's economy could face a serious slump after the country's March presidential election — in which incumbent Vladimir Putin is expected to win.
  • Brainsploosh@lemmy.world
    215·
    1 year ago

    It’s hard to gauge the veracity of this during the ongoing information warfare, but one detail struck me as funny:

    Around 20 million people in Russia — or 14% of the population — are on the brink of poverty or already in poverty, said Lipsits.

    This is supposedly after two years of wars and sanctions.

    Official US gov statistics puts the US peacetime number at 11,5 - 12,4 %

    The official poverty rate in 2022 was 11.5 percent, with 37.9 million people in poverty. … The Supplemental Poverty Measure in 2022 was 12.4 percent.

    I wonder if this is meant as a disinformation piece?

    • 768@sh.itjust.works
      141·
      1 year ago

      Are the stated poverties in the US and Russia of the same poverty definition? If the instrument is for example relative poverty, a reduction of affluence for everyone (eg through reduction of GDP) is not trivially comparable.

      I wonder if there’s an instrument that combines poverty and debt sustainability as a measure for the sustainability of a society’s access to resources.

    • Kbin_space_program@kbin.social
      112·
      1 year ago

      I think the bigger indicator of how bad things are in Russia is that during the initial invasion, Russian troops were confused and delighted by such modern machines as running toilets and washing machines.

      • Joncash2
        2·
        1 year ago

        But that’s the point. Russia was doing terrible anyway. Is this new 14% poverty rate any worse than when the war started and they were stealing toilets to begin with.

        I mean I have no idea, but this article doesn’t show evidence one way or the other.