@[email protected] to [email protected] • 10 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-square12fedilinkarrow-up1195arrow-down15
arrow-up1190arrow-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@[email protected] to [email protected] • 10 months agomessage-square12fedilink
minus-squareHobbitFoot linkfedilinkEnglish13•10 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@[email protected]linkfedilinkEnglish2•10 months agoFinancial attrition is a type of attrition
minus-square@[email protected]OPlinkfedilink1•10 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.