@MrMakabar@feddit.de to Ukraine@sopuli.xyz • 6 months 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-square14fedilinkarrow-up1193arrow-down15
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.com@MrMakabar@feddit.de to Ukraine@sopuli.xyz • 6 months agomessage-square14fedilink
minus-squareHobbitFoot linkfedilinkEnglish13•6 months agoI’d argue that Germany lost World War I due to ruining out of money. Some wars are lost due to attrition.
minus-square@gravitas_deficiency@sh.itjust.workslinkfedilinkEnglish2•5 months agoFinancial attrition is a type of attrition
minus-square@MrMakabar@feddit.deOPlinkfedilink1•6 months 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.