Putin has vowed that Russia will be the next country to land on the moon, despite not being able to afford international debt.
Yesterday, Vladimir Putin announced that Russia will renew their space program, with somewhat optimistic hopes of landing on the moon in the near future.
As reported by the Moscow Times, during a visit to the Vostochny Cosmodrome in eastern Russia Putin said, “We need to successfully stand up to the challenges of space exploration,” and revealed plans for a “next-generation spaceship,” and nuclear space technology.
The program, dubbed Luna 25, has plans to land an unmanned spacecraft on the moon by the end of this year.
Great plan Vlad, but you may have missed one important detail… your economy is heading towards the worst recession since the Cold War.
As other countries began to place sanctions of Russia soon after Putin invaded Ukraine, the Russian President thought he’d place some sanctions of his own the “unfriendly” nations who opposed his invasion.
The main sanction was that Russia would be allowed to pay off any debt in rubles, so they wouldn’t have to pay conversion fees.
But of course, other countries didn’t accept this sanction and refused to take repayments in rubles, leading to the risk of defaulting international debt.
As of yesterday, Russia have 30 days to pay off their international debt before the stock market index declares their debt has defaulted.
If Russia don’t avoid defaults, it means they will struggle with international trades in the future, which would significantly harm their economy.
So considering how many people don’t believe the United States landed on the moon in 1969, imagine how many would question a moon landing if Russia do make it there.