On one hand, fuck Russia.
On the other hand…
The court imposed a fine of 100 thousand rubles ($1,025) per day, with the total fine doubling every week.
…I really wish western governments had the balls to impose fines like this on tech companies when they engage in actual fuckery.
Fines need to be payable, otherwise they are a joke. A large chunk of global revenue GDPR-style is reasonable because it really hurts the profits but it’s still small enough that the company can pay it, and it will incentivize the company to change their practices. If the company (or anyone) gets a fine they can’t pay they will just ignore it, so it only makes sense if you want to kick out the company out of your country, in which case you should skip the extra steps.
russia is such a deeply unserious country
“we need money to fund our special military operation kthxbye”
L0,000,000,000,000,000,000,000,000,000,000,000L
LMAA,AAAO I’m adopting the long word seperator
May as well throw in a unicorn and two perpetual motion machines.
Headline writer should have learned scientific notation
I think that it’s more impactful this way.
And not everyone will understand scientific notation unfortunately.
Russia is doing so well with its invasion that it can issue multi-million dollar fines.
I guess technically that’s multi-million…
Trillions of millions, if you will.
Yeah? Well I fine Russia $20 Googol Plex Decillion!
So there!
That’s getting close to googleplex rubles!
So about $3.50
I had just given Putin tree fiddy the week before
Why did you give him tree fifty? Now hes gunna be coming back invading other countries for another 3 fiddy
I’m not sure, but that might exceed the total monetary value of the entire solar system if completely disassembled and sold as raw material. Anybody wanna try and do the math? Cause I know I can’t.
Most countries in the world are party to the Outer Space Treaty:
https://en.wikipedia.org/wiki/Outer_Space_Treaty
Article II
Outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.
Basically, all countries realistically capable of trying to enforce such a claim are party to the treaty.
So as things stand, nobody can really own any celestial bodies outside Earth.
I imagine that if humanity survives and spreads and starts to have interest in resources elsewhere, that that may change, but as things stand, the effective value of everything up there is pretty much zero, because you can’t own anything other than spacecraft that you launch.
Yes, I’m aware of the treaty, but that thing won’t be worth the paper it’s written on if the billionaires think they can have their own asteroids.
To put that into perspective, the World Bank estimates global GDP as around $100 trillion, which is peanuts compared to the prospective fine. Google would therefore have to find more money than exists on Earth to pay Moscow
I’m not sure that GDP is the best number to use here. That’s annual economic activity. I’d think that that wealth would be more-interesting.
According to this:
https://en.wikipedia.org/wiki/List_of_countries_by_total_wealth
…total global household wealth in 2022 – which I imagine is closer to what one wants – is about $454 trillion.
Just 440528634361233480160 times the global wealth. Sounds like a reasonable value, decided by a judge that was definitely not drunk.
I have a feeling there aren’t that many dollars
To put that into perspective, the World Bank estimates global GDP as around $100 trillion, which is peanuts compared to the prospective fine. Google would therefore have to find more money than exists on Earth to pay Moscow
Yeah, uhm… let’s get into a 1000x more severe depression than 1929 to get the money printed, eh?
Sounds like Russia is already expecting hyperinflation
They are losing the war against inflation.
