Posted on 03/15/2022 8:43:37 AM PDT by blam
This is going to be terrible for the Russian people.
(It's not just airplanes)
Agreed. The old BRIC acronym (Brazil, Russia, India, and China) for emerging markets is a bit dated since those markets have already emerged .... but the R is going back into 3rd world status.
I read yesterday that some Russian economist suggests this takes their economy back to 1917. Not sure I understand that but it’s gonna hurt there for a long time. I hope the Russian people have enjoyed themselves. The party’s over.
True, those 10 billion of planes will wind up costing Russia 40 billion.
Feel the same way about the “West”. From my perspective it’s all broken. Putinhas no reason to abide by any contracts. I feel that my money is not at all safe in a bank. There is no institution that is worthy of trust. To most, Russian can’t be trusted. It may not be as obvious to many but non of them (U.S, Europe, China etc. Can be trusted).
How does one repo a jet in Russia? Maybe Brandon can figure that out while in Europe soon.
Putin’s like Nero, piling on fiddling stunts while Russia is burning. He’ll be dead in a year, one way or another.
"You must learn to think in Russian."
Planes, specifically, need a lot of maintenance. I don’t get this. Russia will own them, but they won’t fly for long, it seems.
Not since the west rescinded them or interfered in the performance of them.
If Foreign Companies ever trust Russia again it’s their own fault
Highly possible. He may be on his way already and he's doing a "bucket list".
Wrong sentiment based on a biased report. Europe is nationalizing whatever property owned by the Russian national worth over $200k - that is a real trust issue.
This plane story is a nothingburger. Western countries closed airspace to the Russian carriers and no plane can fly to Europe or North America anyway. They also blocked Russian banks from making transactions, meaning no lease payments can be made. Count the planes as a gift. As a side note, what lease companies are going to do with 700 of planes? Boeign is going to get out of business on a glut.
“How many decades will pass before western companies trust Russia enough to invest there.”
So many trust China, not sure why.
They’ll run to get into that country.
As soon as the hybred Mogrel is ousted.
This is kinda funny. Maybe the old owners can think of them as flying yachts and houses.
Except Brazil China and India have all refused to go along with the sanctions. So BRIC is still alive, and probably gaining in influence.
It's like Princess Justine Turdeau and his henchFascists never froze the truckers bank accounts 3 weeks fricking weeks ago...
You dont repo the jet. You just go to a US court, and get an award, and collect against a frozen asset account.
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