The statistics page reveals otherwise. For most of the values that it tracks, Melhed rarely, if ever, outproduced Thalmarkin, this has been so since well before the outset of this war. One of the values I thought was interesting was that of military power, where the numbers actually run in Melhed's favor, until I realized that every city in Melhed sports at least 5-6000 CS of militia.
I would argue that this war is truly interesting only because of the passionate RP hatreds between the two nations (which I absolutely adore) and that Melhed has consistently held out for so long since Thalmarkin has been unable or unwilling to steamroll their way to Agyr