Russia's air force may be falling apart
. . . and the oil price collapse will strangle any attempts to right its military problems.
"On Thursday, Russia grounded it's entire fleet of Su-27s, believed to be more than 300 planes, after a jet from the Russian acrobatic team crashed and killed the pilot.
The latest incident follows a string of deadly accidents which continues to underscore Russia's military maintenance and modernization woes."
Oh, and its great new response the America's 5th generation fighters?
"The T-50 failed to impress at a Singapore air show, and India was so unimpressed with the T-50 that they decided to shelve their version of the fighter, citing failing engines and high costs."
All of Putin's bravado is to shore up support at home as the country falls into a serious oil price driven recession.
The ‘Emperor’ Has No Clothes
"Russia’s President has been doing his best to help his friends out, but the source of funding that has allowed him to do so might be drying up soon. RBC asked a number of Russian economists how soon Russia’s Reserve fund would be exhausted. 14 out of 32 economists assume it might happen as soon as 2017. They conclude that if oil prices keep at around $40-50 per barrel, by the beginning of next year there will be no more than 1.1 trillion rubles ($16.6 billion) in the Fund. And if oil prices don’t come back to over $50, by the end of next year, Russia’s Reserve Fund might be emptied completely."
Not quite broke but soon!
"Luckily for Arkady Rotenberg, it was Crimean pensioners, and not him, that Prime Minister Dmitry Medvedev recently addressed, telling them to “cheer up” because there is no money for indexing pensions to inflation in Russia. There is little reason to assume that a friend of Vladimir Putin would not receive his fair share of money from the federal budget at the end of the day."