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Russian dam bursts washing away railroad—Economy to lose "billions"
(www.newsweek.com)
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this post was submitted on 21 Aug 2023
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Titles like this are cancer since they intentionally mislead. It's "a billion rubles", thus tens of millions $. Pretty insignificant.
It's actually "billions" of rubles. Assuming for the sake of easy math that it were 10 billion rubles, that's over 100 million usd. Not insignificant especially during a war. Obligatory fuck Putin.
Interpreting "billions" as 10 billions is IMHO stretching it.
Eh, I'd say "billions" could go all the way to 20 billion before switching terminology to tens of billions.
Regardless, according to a quick Googling, Russia's real inflation adjusted GDP in 2022 was ~$1.5 Trillion. Even if it was $100 million, that's a drop in the bucket overall for them.
Yeah, a drop in the bucket is fairly insignificant, but the drops add up over time.
I think there were a few drops involved.
Dam.
Oof, that's got to be some hundreds of thousands by now.