To: marcusmaximus
5 posted on
03/12/2022 6:58:05 AM PST by
oblomov
To: oblomov
No. You are wrong.
Russia didn't default on their sovereign debt in 1998.
They defaulted on their domestic debt in 1998.
The last time Russia defaulted on their sovereign debt was after the Bolshevik Revolution in 1917.
KGB Putin will make history again on Wednesday.
To: oblomov
From your link:
On 17 August 1998, the Russian government devalued the ruble, defaulted on domestic debt, and declared a moratorium on repayment of foreign debt.
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