Wars of attrition are won by the defense industry, so in this video I discuss the production capacity in Russia and the West. It is hard to see how Russia can compete if the West decides to invest in serious defense production.
0:00 Attrition and production
2:09 Direct comparison of GDP
2:52 Where does China fit in?
3:57 Problems with nominal GDP
4:37 Purchasing power parity
5:24 Comparing GDP corrected for PPP
7:44 Can Russia win the production race?
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