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   Wolf480pl (wolf480pl@mstdn.io)'s status on Wednesday, 05-Mar-2025 07:44:14 JST Wolf480pl

   in reply to

   • Stephen Brooks 🦆

   @sjb
   - more wealthy population means you lose more value by having them fight a war instead of doing some other work
   - allocating larger parts of the economy towards military production doesn't produce instant results - it takes years to set up production lines

   I think Europe will be quite powerful 5 years from now.

   • Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
   • Embed this notice
     Stephen Brooks 🦆 (sjb@mstdn.io)'s status on Wednesday, 05-Mar-2025 07:44:15 JST Stephen Brooks 🦆

     Europe spending a bit more on defence could go a long way given their population and GDP are larger than Russia:
     https://fredblog.stlouisfed.org/2022/03/comparing-russia-and-the-european-union-gdp-and-population/