Thread: Sukhoi PAK-FA ?
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Old February 15th 05, 12:40 PM
D
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In article , "Kevin Brooks"
wrote:

Well, what is really strange that Russia has enough money (due to high
oil prices) to spend on military acquisitions..


Well, Mr. Snarky, the fact is that they *don't* have the money to spend--or
have you missed their gyrations with executing more and more "barter"
exchanges of late?


Do you actually read newspapers?

As the original poster noted, higher oil prices have helped the Russians out
a lot, bringing in a lot more revenue than only a couple of years ago.

A big problem with the Russian economy is that people don't pay their taxes,
so the government has been cash poor. But they do have a major asset in oil
resources, and when oil prices go up, more money pours into the treasury.

So the original poster was right--their revenues have gone up because of
increased oil prices.




D