Russia’s sovereign debt default date is March 16. Putin doesn’t have the dollars to pay the two interest payments due on that date.
“Putin doesn’t have the dollars to pay the two interest payments due on that date.”
You need to wake up. Even if he HAS the cash, he won’t pay it. We seized hundreds of billions in cash they had in the west.
They aren’t going to pay us for that. And why would they?
Will it ruin his chances for future loans and businesses in Russia? We already said they are cut off from our system.