MrMakabar@feddit.de to Ukraine@sopuli.xyz · 2 years agoRussia has burned through almost half of the liquid reserves in its national wealth fund as it bleeds money amid the war in Ukrainewww.businessinsider.comexternal-linkmessage-square14linkfedilinkarrow-up1193arrow-down15cross-posted to: ukrainianconflict@lemmit.online
arrow-up1188arrow-down1external-linkRussia has burned through almost half of the liquid reserves in its national wealth fund as it bleeds money amid the war in Ukrainewww.businessinsider.comMrMakabar@feddit.de to Ukraine@sopuli.xyz · 2 years agomessage-square14linkfedilinkcross-posted to: ukrainianconflict@lemmit.online
minus-squareHobbitFoot linkfedilinkEnglisharrow-up13·2 years agoI’d argue that Germany lost World War I due to ruining out of money. Some wars are lost due to attrition.
minus-squaregravitas_deficiency@sh.itjust.workslinkfedilinkEnglisharrow-up2·2 years agoFinancial attrition is a type of attrition
minus-squareMrMakabar@feddit.deOPlinkfedilinkarrow-up3arrow-down2·2 years agoAfter WW1 Germany had more then enough money, but nothing to buy with it. Hard to say they ran out of money.
I’d argue that Germany lost World War I due to ruining out of money. Some wars are lost due to attrition.
Financial attrition is a type of attrition
After WW1 Germany had more then enough money, but nothing to buy with it. Hard to say they ran out of money.