A Russian passenger jet built almost entirely with domestically manufactured components completed its first test flight on August 29, a launch that gave Yakovlev Design Bureau and United Aircraft Corporation’s (UAC) respective shares on the Moscow Exchange a buoyant lift.
Designed by Yakovlev and manufactured by UAC at its Komsomolsk-na-Amure factory, the new Sukhoi Superjet 100 (SSJ-100) is a narrow-body regional aircraft with a range of 4,578 kilometers (2,472 nautical miles) that can carry 87 to 108 passengers depending on seat configurations....
Coupled with Huawei's new chip, Russia indigenously produced commercial aircraft erode the Western lead in these key fields.
Asia Times
Russia defies sanctions with homemade Sukhoi Superjet
Scott Foster
2 comments:
Russia is becoming more and more self-sufficient.
If only the USA would do the same. Then the USA would not have the world’s largest net trade deficit (about $973 billion per year), and would not be a parasite on the world, receiving goods and services from abroad in exchange for dollars.
No matter what he Fed does, or what he U.S. government does, inflation in the USA will continue to worsen because the USA has sent most of its production and manufacturing abroad. As foreigners become less and less willing to accept dollars for their goods and services, the foreigners that still accept dollars will demand more and more dollars. This will push U.S. domestic prices higher and higher.
Unless the USA becomes self-sufficient, it will be in trouble. Self-sufficiency will probably require a major war, with what economists call a Command Economy, wherein the US government takes control of large sectors of the economy, like in World War II.
The US is physically able to feed itself, and it physically has a lot of oil and gas. (The Permian Basin in West Texas and eastern New Mexico rivals even Saudi Arabia’s massive Ghawar oil field.) But for self-sufficiency the U.S. government would have to take control of these resources away from the big corporations.
Again, this will probably require a major war.
Someone has to run trade deficits so that other countries can be virtuous, and run trade surpluses.
If American isolationists had their way, the process of disconnecting from globalist ideology could begin.
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