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U.S. stops Russian bond payments, raising risk of default
Reuters ^ | 4/5/2022 | Megan Davies

Posted on 04/05/2022 10:22:44 AM PDT by marcusmaximus

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To: Revel

Consider what happens when CHINA is no longer willing to deal in dollars, or deposit assets in the US banking system.

Consider who supplies goods and services to the US: China, India Indonesia, Vietnam, various OPEC countries. All of them can see themselves having issues with some future US administration. How enthused will they be to keep money in any Western bank?


101 posted on 04/05/2022 11:52:45 AM PDT by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: Yolanda

Good post.


102 posted on 04/05/2022 11:52:51 AM PDT by Starboard
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To: JoSixChip

Exactly. It’s like trying to argue with a telemarketer. They are paid to follow a script and to not understand.


103 posted on 04/05/2022 11:53:48 AM PDT by In_Iowa_not_from
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To: Alberta's Child

“This is basically the exact same thing the Canadian government did to a bunch of truck drivers who were engaged in peaceful protests last month.”

And the exact same thing that we did to Al Qaeda after they blew up office buildings full of thousands of civilians. I guess you were outraged on their behalf as well, eh?


104 posted on 04/05/2022 11:56:09 AM PDT by Boogieman
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To: All

So hilarious, watching liberaltarians defending one of our primary enemies, even when they are warmongering and invading and attacking civilians to acquire land.


105 posted on 04/05/2022 11:56:23 AM PDT by rbmillerjr (Defeating China is impossible without understanding that Russia is our enemy)
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To: SauronOfMordor

Exactly right. Our credibility and confidence in the U.S. financial system is being undermined by Biden, along with everything else he’s destroying. We may never recover from this assault against our once great country.


106 posted on 04/05/2022 11:58:17 AM PDT by Starboard
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To: JonPreston

“He was provoked by an Eastward expansion of NATO, growing from a dozen original members to it’s current 30 members.”

Yes, the bully was provoked into beating up the scrawny kid, because the scrawny kid had become more popular and the bully found that threatening.


107 posted on 04/05/2022 11:58:22 AM PDT by Boogieman
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To: Roklok

“This is the same kind of crap we did to the Japanese in the 1930s, and look what that bought us.”

Becoming the leading economic, diplomatic, and military power in the world for 50+ years?


108 posted on 04/05/2022 12:01:30 PM PDT by Boogieman
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To: Boogieman

The scrawny kid acted out because he was standing behind a promise of NATO membership. Please, follow along.


109 posted on 04/05/2022 12:02:00 PM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: Starboard

I could see China making a move to have other nations use THEIR banking system as a more secure place to deposit payments. China is big enough to displace us.


110 posted on 04/05/2022 12:05:09 PM PDT by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: marcusmaximus
The west is using these sanctions in the hope that Russia will give up the fight; but it could also have the effect of having them fight harder and broadening the war.

If I had a lot of confidence in ability of the diplomats to work toward a peaceful outcome, I'd say that this is a good move. But, based on the track record, I'm not sure how we can trust the US government, especially when it is led by far leftists, to accomplish the goal.

111 posted on 04/05/2022 12:06:24 PM PDT by Repealthe17thAmendment
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To: Boogieman

Al Qaeda was financed by wealthy Saudis and other Arabs.

I don’t recall our freezing all Saudi and Kuwaiti assets after 9/11.


112 posted on 04/05/2022 12:07:35 PM PDT by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: SauronOfMordor

The odds of that happening are increasing by the day.


113 posted on 04/05/2022 12:11:00 PM PDT by Starboard
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To: Boogieman

“Becoming the leading economic, diplomatic, and military power in the world for 50+ years?”

Yup—and the only country to drop nuclear weapons on civilians.....


114 posted on 04/05/2022 12:13:50 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: marcusmaximus

It’s SO nice on Truth Social where Derp State Clowns and Bidophiles are in such remarkably short supply. (A couple that tried got laughed at and mocked.)

Either normal people are FAR more common than our enemies would have us believe, or they are keeping most derps out somehow.


115 posted on 04/05/2022 12:16:31 PM PDT by EasySt (Say not this is the truth, but so it seems to me to be, as I see this thing I think I see. #MAGA)
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To: cgbg

Wow. You are going to re-litigate WWII?

And your friends in Russia would nuked Every city from Warsaw to Berlin. Don’t kid yourselves. We can’t help it that they were too stupid and purged to come up with it themselves.


116 posted on 04/05/2022 12:17:15 PM PDT by Vermont Lt
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To: Ancesthntr
"Make no mistake, the minute that the dollar is not the
one and only international reserve currency is the minute
when we lose 50% or more of our purchasing power,
the minute at which we no longer can export our
inflation and the moment in which a Great Depression
will start here. We are ASKING for it.

The Democrat Party would love a great, long-lasting
economic Depression in America. In fact, I think
that their policy is to cause one, and of course blame
it all on those evil capitalist corporations, greedy
White Americans, or White christian "racists."

The Democrats are in their glory in a Depression.
Just like they were in the last Depression.
It's their great chance to tear up the social fabric
of America and impose their weird, strange social
thinking on Americans. And to throw out the Constitution
and install a Communistic, tyrannical type of government
in the land. They want to be our overlords, taskmasters,
... our Rulers. What they'll get instead is Civil War II.

117 posted on 04/05/2022 12:18:46 PM PDT by StormEye
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To: Vermont Lt

My point is that Americans have a habit of virtue signaling—I am simply pointing out that there are no clean hands—and the selective outrage is not appropriate.


118 posted on 04/05/2022 12:26:07 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: cgbg

Russia absolutely went to town on My Lai. The US gets away with little. People IN the US didn’t care.

I don’t particularly care about Ukraine. But I am amazed at how poorly Russia is dealing with this. Their propaganda is 1960’s style. Haven’t they had anyone in Russia go to a western university to learn this stuff.

The truth is out there. Both sides exaggerate. Both sides lie. The Russians are just hamfisted about it.


119 posted on 04/05/2022 12:30:15 PM PDT by Vermont Lt
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To: Vermont Lt

Russia does not control Western media—but they do control their internal media and Putin remains very popular there.

This shows the power of the mass media to manipulate public opinion—on both sides.


120 posted on 04/05/2022 12:35:56 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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