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Ukraine has broken the EU. Now they're out of weapons, they cannot make more, and the US is leaving
(kdwalmsley.substack.com)
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But he only talks in real values, why is ppp relevant? Note I dont necessarily share his point, I'm just not sure what you mean.
Right, I should make myself clearer. I'm no expert in economics, I just try to build a reasoning based on what I know.
The context of his statement is that Russia is outproducing the West in ammunition, specifically artillery shells. Earlier he states Russia is producing 4 millions shell a year compared to .5 for the US. So without qualification, the statement implies Russians are somehow 80x superior as they produce 8 times more with an economy a tenth the size.
I feel he should have qualified his statement to improve reader understanding:
Because he didn't provide this context to the number he is giving, I thought that either he wanted to misled or he was not sufficiently informed, and assumed the more charitable option.
Aah yes, you were right. I mistakenly thought that you tried to compare the economies by using the arms manufacturing. But you only said the statement about economy size is wrong, which indeed because of ppp it is. I also agree that he uses this for propagandist purposes. Investing heavily into arms production and having more oppressed workforce doesnt sound as good I guess.