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Russia says it will sue if forced into a default — which would be the country's first sovereign debt default in over a century
Business Insider ^ | 4/11/2022 | Huileng Tan

Posted on 04/11/2022 5:31:10 AM PDT by marcusmaximus

Russia's finance minister said the country would take legal action if it's forced to default on its external debt, the Izvestia newspaper reported on Monday.

Russia is facing a historic sovereign default after the US Treasury blocked the country's dollar payment to international bondholders last week. Russia last defaulted on its foreign debt more than a century ago, in 1917 during the Bolshevik Revolution.

"Of course, we will sue, because we have taken all the necessary steps to ensure that investors receive their payments," Finance Minister Anton Siluanov told the pro-Krelim Izvestia in an interview.

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events; Russia
KEYWORDS: chechens; chechnya; default; putin; putinsbuttboys; putinworshippers; russia; russiadefault; russianaggression; ukraine; zottherussiantrolls
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Cough up the dollars Putin. Don't be a deadbeat.
1 posted on 04/11/2022 5:31:10 AM PDT by marcusmaximus
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To: marcusmaximus

Why not just nuke everybody?


2 posted on 04/11/2022 5:33:50 AM PDT by Mr Ramsbotham ("God is a spirit, and man His means of walking on the earth.")
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To: marcusmaximus
Cough up the dollars? Didn't the US government freeze their assets (in dollars).

Next up, possibly related, the USA defaults for the first time ever.

3 posted on 04/11/2022 5:34:46 AM PDT by Salman (It's not a "slippery slope" if it was part of the program all along. )
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To: marcusmaximus

If the US plays politics to force financial hardship on another country, that is an act of war. Biden, the corrupt democraps, and anyone supporting this position is playing with war, nuclear war.

But, that is what the elites wants: YOU dead. They’ll get it with your blessings.


4 posted on 04/11/2022 5:36:20 AM PDT by CodeToad (Arm up! They Have!)
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To: CodeToad

Yes, yes, we know. Putin’s going to nuke everyone. YAWN...


5 posted on 04/11/2022 5:38:22 AM PDT by BiglyCommentary
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To: CodeToad

> But, that is what the elites wants: YOU dead. They’ll get it with your blessings.

Next comes the appeals to “patriotism”.


6 posted on 04/11/2022 5:38:29 AM PDT by glorgau
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To: marcusmaximus

>Cough up the dollars Putin. Don’t be a deadbeat.

Yeah, cough up all the dollars that we froze and you’re unable to currently pay with because of our sanctions.


7 posted on 04/11/2022 5:39:42 AM PDT by struggle
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To: marcusmaximus

Russia defaulted in 1999. I wonder why no one ever remembers Yeltsin’s default?


8 posted on 04/11/2022 5:42:54 AM PDT by Vermont Lt
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To: struggle

Putin has the required dollars in unsanctioned banks. Cough up the dough, Putin.


9 posted on 04/11/2022 5:43:08 AM PDT by marcusmaximus
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To: BiglyCommentary

“Yes, yes, we know. Putin’s going to nuke everyone. YAWN...”

Says the little boy poking the tiger. You have a big mouth but war isn’t your decision to make, so, we’ll just ignore your juvenile comments.


10 posted on 04/11/2022 5:44:33 AM PDT by CodeToad (Arm up! They Have!)
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To: marcusmaximus
Of course we could care less if all the Russian people starve.

We sent food and medicine to Iraq while Saddam was at war.

But all Russians should die?

11 posted on 04/11/2022 5:44:36 AM PDT by Sacajaweau ( )
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To: Vermont Lt

Russia’s 1999 default was a domestic debt default.

Russia’s last sovereign debt default was way back in 1917.


12 posted on 04/11/2022 5:44:49 AM PDT by marcusmaximus
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To: CodeToad

That’s what i think, too…it is an act of war, and it’s also destroying the global financial system and, of course, the dollar, because people and countries no longer feel they can trust it.

Trudeau was actually the first one to do this, in a modest way, when he “debanked” the truckers, cut them out of participation in the banking and payment systems, and even seized the assets they had entrusted to the system. He had to back off a little when this started a run on the banks in Canada, but he was obviously the inspiration for Biden’s insanely dangerous political use of the banking system.


13 posted on 04/11/2022 5:45:03 AM PDT by livius
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To: marcusmaximus

The $$$$ of which you speak are now allocated as part of reparations to be paid to Ukraine for re construction.


14 posted on 04/11/2022 5:45:46 AM PDT by bert ( (KE. NP. N.C. +12) Promoting Afro Heritage diversity will destroy the democrats)
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To: CodeToad

“Well ignore”.

Hey skippy, no elected you the official speaker for the world, in spite of your delusions of grandeur.


15 posted on 04/11/2022 5:47:11 AM PDT by BiglyCommentary
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To: Vermont Lt
Iceland defaulted just a few years later. I believe they were the most recent sovereign country to default.

FWIW, they got through it.

16 posted on 04/11/2022 5:47:28 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: glorgau

“Next comes the appeals to “patriotism”.”

The elite’s push for war will address all psychologies; “Patriotism”, “Fear”, “Financial Gain”, “Stopping the Bully”, etc. Each person will fall inline. Probably 10% of us will realize this is nothing but leading the sheep to slaughter and side step the war. My world is war proof. I was taught to wage nuclear war and survive the outcome to wage more war. Easy for me and the teams trained to do this. For everyone else, the elites get their stated 500 million left alive, if that.


17 posted on 04/11/2022 5:48:31 AM PDT by CodeToad (Arm up! They Have!)
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To: BiglyCommentary

The only people fantasizing about nuclear war are a few crazies sitting in their basements. The people that would actually push the nuke buttons have more hookers and blow than they could ever need. They’re the last people on earth interested in blowing up the world.


18 posted on 04/11/2022 5:48:51 AM PDT by lodi90
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To: BiglyCommentary

“Hey skippy, no elected you the official speaker for the world, in spite of your delusions of grandeur.”

Well, Sunshine, those are mighty big words for you, but you still do not matter to the issue.


19 posted on 04/11/2022 5:49:44 AM PDT by CodeToad (Arm up! They Have!)
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To: CodeToad

I agree. Step by step, foot by foot the Neo Cons and Elites are getting us closer to all out nuclear war with Russia. And the sheep are cheering them on at every opportunity. They want their relatives to shed their blood and die to protect the source of the politician’s graft money. To protect Human Traffickers. To protect Fauchi’s bio labs so they can develop
new and deadly bacteria and virus to unleash on the United States and the World. They are eager to do Soros bidding. On the end of your last sentence, you should have added, “and your help.”


20 posted on 04/11/2022 5:50:46 AM PDT by sport
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