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  1. Spitfire9

    Live Conflict Ukraine-Russia War

    https://www.themoscowtimes.com/2025/09/24/russia-moves-to-raise-vat-by-2-as-budget-deficit-swells-a90609 Make of this what you will. I see Russia's economy and government finances sliding further in 2026. How much longer can it afford to finance a now senseless war? To me it became senseless...
  2. Spitfire9

    Live Conflict Ukraine-Russia War

    I defer to your better knowledge but do not agree to Russian deposits in foreign banks being sequestered. About Russia 'winning' this war: this writer and I are in agreement over the irrelevance of small territorial gains or losses by either Russia or Ukraine...
  3. Spitfire9

    Live Conflict Ukraine-Russia War

    It is not normal for banks to convert deposits into IOU's without the depositors' agreement. This move sets a precedent threatening confidence in the western banking system. Is it worth doing just to save finding $300 Billion USD? I don't think that is a good idea. Better for 'the West' to fund...
  4. Spitfire9

    Live Conflict Ukraine-Russia War

    No I'm not. If you read my analysis of the value of the ruble I was arguing that it was to the Russian government's financial advantage for the ruble to fall in value. I have explained my view once. Not spending time repeating myself.
  5. Spitfire9

    Live Conflict Ukraine-Russia War

    More anti-Russian propaganda from a western news source? What is the explanation for it coming from the head of occupied Crimea...
  6. Spitfire9

    Live Conflict Ukraine-Russia War

    For Russians and Russian apologists, here is a source they should trust: https://www.cbr.ru/eng/statistics/ddkp/mo_br/ If you look you will see the Russian central bank forecast for GDP growth in 2025. At 1.2% it is much lower, I think, than it was forecast to be a few months ago. If Ukraine...
  7. Spitfire9

    Live Conflict Ukraine-Russia War

    It is not as easy as it was to ascertain what is happening in the Russian economy. Some data and stats that were previously published by the state are no longer published. When the data is bad, why publish it? It only punctures the facade of all being well in the Russian economy that the...
  8. Spitfire9

    Live Conflict Ukraine-Russia War

    Russia's economy not doing as badly as the west? Russia's capital has been redirected from investment in the economy to investment in the arms production economy. An economy using its capital to produce arms at the expense of non-military production is not creating wealth. Produce a house, a...
  9. Spitfire9

    Live Conflict Ukraine-Russia War

    You need to ask yourself what fuelled the 4% GDP growth in 2023 and 2024. I think it was probably the ramp up in military production. If that reached its maximum level in Q1 2024, that would explain the dramatic drop in GDP growth between Q1 2024 and Q1 2025. 2.2% unemployment is indicative of...
  10. Spitfire9

    Live Conflict Ukraine-Russia War

    Russian Soldiers KILL Their Commander... Then Mass Surrender ERUPTS True or an invention for propaganda purposes?
  11. Spitfire9

    Live Conflict Ukraine-Russia War

    https://www.aljazeera.com/news/2025/9/24/russia-says-no-choice-but-war-after-trump-u-turn-on-ukraine It is not true that Russia has “no alternative” but to continue waging war. Putin may have no alternative but to continue waging war to ensure his own interests (his survival as president). I...
  12. Spitfire9

    Live Conflict Ukraine-Russia War

    RUSSIA'S ASTRAKHAN GAS PROCESSING PLANT HALTS OPERATIONS Perhaps just another bit of western propaganda like the report of Estonian airspace being violated by Russian fighters.
  13. Spitfire9

    Live Conflict Ukraine-Russia War

    https://www.aljazeera.com/news/2025/9/22/russia-accuses-estonia-of-airspace-incursion-falsity-to-stoke-tensions Always good for a laugh is Russia. PS When I think of it, there would be no problem in NATO fighters based in Estonia shooting down Russian military aircraft violating Estonian...
  14. Spitfire9

    India Jet Engines and Gas Turbines

    OK, wet thrust is comparatively unimportant. I recall Brahmos being 'called in' to handle the afterburner. Is it doing that? One never knows with Indian development: things are announced then disappear never to be seen again or they are announced and remain work in progress for what seems an...
  15. Spitfire9

    India HAL Tejas Program

    Mk2 rollout probably H1 2026? FF probably H2 2026/H1 2027? Testing complete 2029/2030? I wonder where the Mk2 will be assembled. In 2030 the 2 HAL plants in Bengaluru will be busy assembling Mk1A. Nashik will be busy assembling Mk1A and possibly Su-30MKI. Will there be a gap of a year or two...
  16. Spitfire9

    Live Conflict Ukraine-Russia War

    I have no idea if this is true or if it is false but it is plausible, given Ukraine's strikes on Russia's oil industry... https://www.reuters.com/business/energy/russia-close-cutting-oil-output-due-drone-attacks-sources-say-2025-09-16/ Who is lying? Who is not? Somebody is.
  17. Spitfire9

    Live Conflict Ukraine-Russia War

    Me neither but nothing I see suggests that Russia is not heading closer and closer to the end of the rope. PS I agree with JP Morgan's view in 2022 that Russia was heading for economic collapse. I think it still is.
  18. Spitfire9

    Live Conflict Ukraine-Russia War

    I am interested to see what happens if several can be reached by Flamingo with a 1 tonne+ warhead. In addition the distribution network in Russia is vulnerable. I guess there are hundreds of pumping stations pushing crude or fuel from A to B. With limited air defence resources Russia cannot...
  19. Spitfire9

    Live Conflict Ukraine-Russia War

    Western observers and analysts greatly overestimated the effect sanctions would have on the ability of the Russian economy to keep functioning. Many predicted that the Russian economy would quickly descend into chaos with sectors relying on western tech more or less ceasing to function. They...

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