Quote:
Originally Posted by evy97
Oh dear what a facepalm, americans need a reality check or some people are just naturally stupid?!
Russia is the world's 8th largest economy and EU's second largest retail market. Western banks have $242bn of exposure to Russia, compared with just $160bn of assets held by russians in the west.
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reality check?
8th largest = 3% of world GDP = barely matter on the world scale...
so in theory west would lose 82B? that sounds like some huge number but that's fuck all...
- that's only 1/3rd of what one shitty company like walmart is worth...
- it's .3% of 30+T GDP that EU+US has...