Even though Russia has population of 144 million and has the legacy of the Soviet nuclear program and military technology. However a country with GDP comparable to that of Australia cannot afford to be a superpower, fight a protracted war in Syria, fight in the Ukraine and develop its own stealth fighter and other equipment to match the United States. Even with the US overpaying for military equipment and programs.
Westerns analysts have concluded that Russia’s fifth-generation Sukhoi Su-57 stealth fighter is unlikely to enter operational service before 2027. Postponements, cost-overruns and research and development-related problems mar the project.
India needed to invest in a version of the jet for it to be viable. Russia has to support their military projects with sales and joint technological development with India and China and other countries. This is the approach that Russia needs for the next ten years or so.
China is already not needing much of Russia’s military technology. There are a few areas like jet engines and materials where Russian technology is helpful.
India will probably not need Russia military technology in about ten years.
Lower costs for solar power, wind and batteries will continue to put price pressure on oil. Oil and natural gas are the main part of Russia’s economy. If Oil were to head to $10 per barrel then Russia’s GDP could drop 30% and Russia would be at the population and GDP of Mexico in 2022.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.