That’s a lot of money in a country like Russia
Maybe they just print the money. Isn’t that what dictatorships often end up doing?
I invite them to do that. I’m sure the oligarchs will love having their local savings massively devalued, and won’t support a coup of any kind. /s
According to this: https://www.worlddata.info/average-income.php
It’s around $360,000 in the US.
Average is a poor metric, as it accounts for the rich who steal like there’s no tomorrow in countries like Russia. Go by the minimum.
The minimum what? I’m pretty sure the minimum is 0 in both places. The minimum salary mandated by the government? That’s just a policy, it says nothing on how realistic, widespread or sustainable it is within the two countries.
Either way I’m sure there’s a perfect metric for a comparison, probbaly the kind of lifestyle you can attain with that income, but I’d be surprised to find it significantly different than this rough estimate.
I also don’t believe people attracted by this prospect are economists…
Not to underplay how bad things are in Russia, but the gini coefficient is actually a bit higher in the US
That’s above median individual income in the US
Our troops get paid less too
True, and when they do get deployed, there’s, like, a McDicks and a Pappa John’s that deploys with them. And all the equipment is up to date and works (which is something even by Western standards).
