So you are a retard...
Are you pretending you actually know how the Federal budget works? Russian taxes are low because they get most revenue from taxes on oil and gas exports. It has everything to do with their defense budget. $6.7 billion is begging because they aren't even getting the engine until 2025.So you are a retard...
Oil and gas are 65% of Russian export, but only 30% of GDP. All the other 70% is high tech, heavy industry, consumer goods and agriculture.
Su-57 project is about to be complete with serial production start in 2018.
So 6.7 Billions are not begging, but Indian payment for education
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Rubles can be printed and taxes raised if necessary. One must understand that high income does not necessarily mean that country is doing well. For example, US has 300 million population and uses 20million barrels of oil a day which is about 20x159 = 318 million litres of oil per day. What the hell is one average American using 1 litre of oil per day for? Is it really useful?
Yes, I know how Russian budget actually works in difference from you.
Excuse me Nobel Laureate, trying to beat me over the head with anonymous degrees has as much scholastic weight as a feather. You can read that the Russian economy is net negative over the last 5 years. You can read their sovereign wealth fund is depleting. You can also read that defense and R&D spending is going down. Lastly, you can read that most Federal revenue comes from oil and gas which is way down. Unlike China, Russia doesn't pull money out of thin air. They actually have decent accounting standards.Yes, I know how Russian budget actually works in difference from you.
It's because I have financial education with a master degree and can read some budget documents published on govt portals
Item 30 is ready for flight tests on Il-76LL flying lab this year. The first Su-57 with new engine will fly in 2020.
Americans spent 17 years to create F-119 with a tremendous budget spents, Russians have created it for less than 7 years and another 3 will be needed for production status.
If you don't know how the things work, why do you wright a BS to be a forum-wide clawn?
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Russia is doing business. Just because Russia has money doesn't mean it is going to give things for free. Russia is not demanding India to give 7 billion but just keeping the entry fee at 7 billion.
In 2006 the price of Brent crude was between $63-74, in 2008 it was $132 when Russia started making its grandiose plans. Now it is $50 but Russia needs a price of $68 to balance the books. They are running a 3.7% deficit, it doesn't sound like much to us, you would expect them to do a QE but they can't because they are tied to the petrol dollar. It would cause massive inflation as they tried in the 90s. Instead they are cutting pensions and social services while dipping into the reserve fund.
Crude oil in the beginning was 35 dollars (nit 25 or 63). As I said, Russia can raise tax on production or income or raise fiscal deficit. Russia is food surplus, resource surplus and is insulated from external shocks or international prices due to its self sufficiency. The concept of inflation is highly inappropriate to be used in this context. If a country is producing everything on its own, there can be no inflation unless there is some event like population rise. Yes, it will depreciate Rubles according wrt to foreign currency if the QE measures is much higher than Forex surplus can offset. But, Russia is not facing internal crisis for that.
Russia is self sufficient in raw materials, not so much in finished goods. They have been importing so much their trade surplus is the lowest in 14 years. Russia's external debt is nearly three times its internal debt which makes it's free-float currency highly susceptible to inflationary pressures. Russia's FOREX is not available to offset budgets, it is only enough to cover its balance of trade. The reason it rises is because Russia is importing more. Russia will not have an inflation problem as long as it does not increase its M2 money supply without sufficient growth to cover it. Russia has not been growing so they don't have the room to print money.
That no is partly caused by the decrease in rubble value which lead to decrease in the net value of the product in dollars while there was no increase in the quantity of those exports .Their import decease during the entire time , it is just recently that the value of their exports dropped
Lets move this to chit chat thread as it is derailing PAK-FA discussion. ThanksThat no is partly caused by the decrease in rubble value which lead to decrease in the net value of the product in dollars while there was no increase in the quantity of those exports .Their import decease during the entire time , it is just recently that the value of their exports dropped
Every Russian AESA set so far has used GaAs modules. Of course they want to get GaN. It looks like they haven't been able to get a working GaN set so they are using aluminum in it.
N036 Belka is GaN based full digital AESA (DAESA), so like Zhuk-AM (flat LTCC modules), A-100 Premier AWACS system and several land and sea based radars.
That is pretty funny. Russia has yet to provide a combat ready GaAs set and they have suddenly leap-frogged everyone? Tell that to the Egyptians who ordered MiG-35s but couldn't get them because the magical Russian AESA didn't work.
Egypt has ordered MiG-29M/M2 with Zhuk-ME from the beginning.
Aluminium is used with GaN so that it don't broke up during the usage....
Niobium Nitride is a superconductors, to use it in ROFAR radar you need to cool it upto - 257 degree Celsius. And then make sure it doesn't heat up again otherwise you will have a radar which is non functional after a little time of operations.
