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dro94
#4961 Sep 16 2020 12:28pm
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https://www.bbc.co.uk/news/business-54116606

The UK signed a pretty good trade deal with Japan last week, the first major trade deal so far. The first of many?

Around a 0.07% increase in GDP in comparison to current trade arrangements, which although seems small amounts £1.75bn and could increase in future.

However, the trade deals with the EU, US and China are still far more important and all these gains could be reversed easily if we don't get other deals over the line quickly.

thesnipa
#4962 Sep 16 2020 12:32pm
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Quote (dro94 @ Sep 16 2020 01:28pm)
https://www.bbc.co.uk/news/business-54116606

The UK signed a pretty good trade deal with Japan last week, the first major trade deal so far. The first of many?

Around a 0.07% increase in GDP in comparison to current trade arrangements, which although seems small amounts £1.75bn and could increase in future.

However, the trade deals with the EU, US and China are still far more important and all these gains could be reversed easily if we don't get other deals over the line quickly.


Last time Europeans made a deal with the Japanese it didn't go so well, so i'm against it.
dro94
#4963 Sep 16 2020 02:40pm
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Quote (thesnipa @ Sep 16 2020 07:32pm)
Last time Europeans made a deal with the Japanese it didn't go so well, so i'm against it.


You mean the EU trade deal signed with Japan in 2019?

This post was edited by dro94 on Sep 16 2020 02:40pm
EndlessSky
#4964 Sep 16 2020 05:13pm
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Quote (thesnipa @ Sep 16 2020 02:32pm)
Last time Europeans made a deal with the Japanese it didn't go so well, so i'm against it.


I kinda miss that actually they raped china
thesnipa
#4965 Sep 17 2020 05:53am
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Quote (dro94 @ Sep 16 2020 03:40pm)
You mean the EU trade deal signed with Japan in 2019?


NOPE
Santara
#4966 Sep 17 2020 06:53am
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Quote (dro94 @ Aug 16 2020 05:44am)
A lot of it is propaganda, their military budget is roughly 13% of the US'. Even in comparison to the Soviet Union, which was a far bigger economic and military power than Russia currently is, military spending is low:

https://imgur.com/mjBfFYO.jpg

Russia's poor economy necessitates smaller spending on its military, and despite it spending a far higher % of its GDP on military than Western nations, countries like France, UK and Germany spend close to the same amount as Russia.

Russia used to be a superpower and now they try to showcase bravado to fool the world into thinking they are a genuine superpower. The threat of the 21st century is China and that is where the West's focus should be (and it is).


To be fair, the Soviet Union was something like 15 republics, Russia being just 1. Not an apples to apples comparison. You'd have to add in Ukraine, the Baltic states, the various 'stans, etc.
dro94
#4967 Sep 17 2020 10:45am
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Quote (Santara @ Sep 17 2020 01:53pm)
To be fair, the Soviet Union was something like 15 republics, Russia being just 1. Not an apples to apples comparison. You'd have to add in Ukraine, the Baltic states, the various 'stans, etc.


Another reason they're not a superpower.
Black XistenZ
#4968 Sep 17 2020 03:31pm
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Quote (Santara @ 17 Sep 2020 14:53)
To be fair, the Soviet Union was something like 15 republics, Russia being just 1. Not an apples to apples comparison. You'd have to add in Ukraine, the Baltic states, the various 'stans, etc.


Russia made up about half of the Soviet Union's population and over half of its GDP. Even if we doubled Russia's current military expenditures, they'd still fall below $150bn, while the Soviet Union stood at $250bn in 1988, before their economic downfall picked up pace.

This post was edited by Black XistenZ on Sep 17 2020 03:32pm
Djunior
#4969 Sep 18 2020 10:31am
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Quote (Black XistenZ @ Sep 17 2020 11:31pm)
Russia made up about half of the Soviet Union's population and over half of its GDP. Even if we doubled Russia's current military expenditures, they'd still fall below $150bn, while the Soviet Union stood at $250bn in 1988, before their economic downfall picked up pace.


Don't forget that western military hardware is much more expensive compared to Russian military hardware. Compare the AH 64 @ 39 million per unit vs the KA 52 @ 18 million per unit for example, they are comparable machines. The Russians get way more bang for their bucks

Saucisson6000
#4970 Oct 23 2020 12:06pm
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