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To: All

Items of note:

1) Russia clearly is not communist. If they were, they would not care about lost sales outside Russia, but note that these are somewhat minor since for most of the last 15 years the world has depended on Russia’s excellent launch vehicles.

2) Space is hard. Failures in space measure nothing other than space being difficult. Note Japan’s upside down lander and the US lander that wound up sideways. Space is hard. It has nothing to do with what tech you have.

3) If you are not privately owned (like most Russia companies) then your central bank can print up money and give it to you. That would be done for Roscosmos if they were not mostly private. It was certainly done for GM and most US banks from 2008 onwards. This is more important than any other single matter. The US creates bytes, Russia creates joules.


3 posted on 02/28/2024 11:15:43 AM PST by Owen (.)
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To: Owen

Items of note:

The ruble is off 40-50% and he raised rates to 16% to lure in hard currency to stem the losses.

This is more significant than any other single matter.


7 posted on 02/28/2024 11:25:32 AM PST by Freest Republican (This space for rent)
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To: Owen
Space is hard

And yet, India somehow managed to successfully soft-land their probe on the Moon just 1 week after Russia failed

So, you must mean that space is hard for Russia, but not other countries


8 posted on 02/28/2024 11:27:03 AM PST by canuck_conservative (NATO - now celebrating 75 successful years of keeping the Russian monsters out!!)
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