Russia was too big to fail.
If that happends it means Biden gave up on Ukraine.
These people have been flat out lying to you for over a decade. But you still believe every single thing they say. You must be crazy.
You mean money is more important than their ESG scores? They should look at this as their sacrifice for the Great Reset.
The world is waging economic warfare against Putin.
I think they should default, just to screw the banksters.
Since the USA and EU have frozen Russian central bank FX reserves - both sides should just agree - take the money for debt payments from the FX reserves.
Regardless, we have created a TERRIBLE precedent for the world, and for our own citizens. Government will freeze individual bank accounts, they will freeze nations’ bank accounts. Its ALL a political weapon. And when money becomes completely digital, you will be under total control of the state.
So sad - its no different from the CCP in China.
Even entire nations are slaves to the banksters.
Yep, Russia is giving the middle finger to sanctions. They are already on a new gold reserve system with China and India which smells like QFS coming online to me. I thought the US would be first but maybe not. Now 3 billion people are on a new financial system.
Hunter suckin up da cash...MO money 💰
Putin is playing chess while this admin is chasing Biden around while he’s yipping it up throwing pawns throughout the Rose Garden.
Yup. Remember, if you owe the bank $10,000 and cannot pay, then you have a problem. If you owe the bank $100,000,000 and cannot pay, then the bank has a problem.
A Russian default does not really hurt Russia. It badly damages lenders and investors in the West.
You cannot “cancel” Russia.
It has large gold reserves.
It produces more grain than it needs to eat.
It produces more nitrogen fertilizer than it needs.
It produces more oil and natural gas than it needs.
It produces strategic metals in quantities allowing export.
Russia does not actually NEED U.S. currency which is headed downward to worthless value.
Russia can buy manufactured items from China using Chinese money.