Yes, but we’re still in the realm of nutso land. Why is a territory that freely joined the Nazi’s suddenly working twice as hard for the Communists? If anything, conquered territory should be worth less to the conquering nation, not more.
I’ll grant that the Russians should have objective money to keep from going under. Fine. But exclude the neutrals. If you are going to include the neutrals, then there needs to be some benefit to Germany for getting them, right? How about Germany gets +3 IPC for each Neutral territory in Europe (and Turkey) they control?
Or give them a free Minor complex, naval base and airbase in Norway.
Or give Germany 10 IPC for the complete control of France (France, W. France and S. France - and it must be German controlled, not Italian!)
Or something to rebalance things. It’s just plain nuts that the Russians can be facing complete domination by the axis powers and still be collecting more than 40 IPC a round.