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Russia has defaulted on its foreign debt, says S&P
CNN ^ | 4/11/22 | Anna Cooban

Posted on 04/11/2022 10:31:10 AM PDT by C210N

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To: DannyTN

You maybe right. It’s just a hunch but I think russia and china were involved in the election steal. Russia promised there pipeline and ukraine. Of course they know biden has to make him look like a bad guy. We were buying 70 million in oil a day from Russia until ukraine called him out for it. Basically funding both sides. Ukraine has dirt on the biden family and so does China and Russia. Looks like biden just dropped the sanctions on the Chinese goods that Trump put on. They all wanted Trump gone because they own biden and the politicians wanted Trump gone so they could go back to business as usual.


61 posted on 04/11/2022 11:21:16 AM PDT by glimmerman70
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To: wny

This war is about OIL. https://freerepublic.com/focus/f-news/4050958/posts

The Russians weren’t even interested in western Ukraine until oil was found there. Their interest is simply in raping that country. Russia gets 60% of its revenues from oil exports. Europe gets 40% of their oil from Russia.

In 2012 massive oil and gas reserves were found in Crimea. Crimea signed a $10 billion exploration contracts with Shell and Chevron to develop the new found oil and gas fields. These oil and gas products would compete in Europe with Russia’s oil and gas, reducing Russia’s oil revenues, which we recall amount to 60% of their total GDP. Russia annexed Crimea in 2014, cancelling the contracts with Shell and Chevron.

But Ukraine still had massive reserves in, you guessed it, Donetsk and Luhansk, and other areas East of the Dnieper River. In 2019, Energy Secretary Rick Perry visited Ukraine, and soon after Ukraine awarded exploration contracts to a consortium of U.S. oil companies. Again, these oil reserves would compete in Europe with Russian oil, so Putin is invading Ukraine to shut down this latest attempt to extract Ukrainian oil and sell it in competition with Russian oil.

This explanation makes more sense to me than the “Putin feels threatened by NATO expansion” excuses for the invasion.

https://freerepublic.com/focus/f-chat/4044221/posts?page=1#1

https://www.youtube.com/watch?v=-CmdSzVFSKc

If the Ukes allow some small region in the west to be its own republic, but the OIL belongs to Ukraine, do ya think Pootypoot would allow that? Nope.


62 posted on 04/11/2022 11:21:26 AM PDT by Kevmo (Give back Ukes their Nukes https://freerepublic.com/focus/news/4044080/posts)
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To: MeganC

Yes the entire West is functionally bankrupt at this point, held together by smoke and mirrors. It’s going to be very bad for the US, but twice as bad for Europe for a number of reasons, primarily because we have much greater energy production and reserves compared to them. I’m predicting a full blown economic depression starting in Europe within the next year or so.


63 posted on 04/11/2022 11:22:12 AM PDT by jimwatx
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To: C210N

Ammunition is good for trade too is what I meant. But yeah the other thing too if its needed!


64 posted on 04/11/2022 11:23:47 AM PDT by MeganC (There is nothing feminine about feminism. )
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To: jimwatx

If you hax even a basic understanding of why the US dollar is used you wouldn’t spew out all that kook crap.


65 posted on 04/11/2022 11:24:18 AM PDT by BiglyCommentary
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To: jimwatx

A good friend of mine wrote a story about the world sixty years after an economic collapse. It’s NOT family friendly or I’d share it but the point was that all sorts of bad things can happen very quickly when an economy collapses with its currency.


66 posted on 04/11/2022 11:25:52 AM PDT by MeganC (There is nothing feminine about feminism. )
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To: bak3r

In FX land, everything is is relative. And relative is all that matters.


67 posted on 04/11/2022 11:26:40 AM PDT by Vermont Lt
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To: Kevmo

“In 2012 massive oil and gas reserves were found in Crimea. Crimea signed a $10 billion exploration contracts with Shell and Chevron to develop the new found oil and gas fields. These oil and gas products would compete in Europe with Russia’s oil and gas, reducing Russia’s oil revenues, which we recall amount to 60% of their total GDP. Russia annexed Crimea in 2014, cancelling the contracts with Shell and Chevron.”

Just thieving criminal scum. Reagan always said Russua was a parasite country that had to prey on smaller weak countries to survive.


68 posted on 04/11/2022 11:28:04 AM PDT by BiglyCommentary
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To: DannyTN

Perhaps Biden has a lot of poopy diapers lying around Ukraine that he would love to see get buried? It would be most unfortunate if all of that evidence on Hunter got “lost” by the orcs.


69 posted on 04/11/2022 11:28:44 AM PDT by Mr. Rabbit
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To: MeganC

Your friend is correct, most people have no idea how bad things can get if something like a currency crash occurs. Especially when they don’t expect it and had no idea it could possibly occur in the first world countries of the West. If you think things are bad now just wait until crime soars and Amazon and other delivery trucks get hijacked on a daily basis.


70 posted on 04/11/2022 11:31:59 AM PDT by jimwatx
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To: BiglyCommentary

Do you have a problem if I hold the U.S. and Russia to the same standards?


71 posted on 04/11/2022 11:43:11 AM PDT by Alberta's Child ("Mr. Potato Head ... Mr. Potato Head! Back doors are not secrets.")
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To: DannyTN

Biden is not a serious player—he is a clueless puppet.

Pretending that he has agency just muddies the waters.


72 posted on 04/11/2022 11:50:31 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: BiglyCommentary

Stolen elections do not seem to have any consequences for the thieves.

Opening the US borders to illegal invaders do not seem to have any consequences.


73 posted on 04/11/2022 11:52:01 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: CodeJockey

“Laughable as the USA is closing in on a 29,000,000,000,000 national debt.”

Most all that is owed to Americans. Retirees, people that will retire, you know the people that earned all the money that the Democrats borrowed to get elected.


74 posted on 04/11/2022 11:54:41 AM PDT by rellic
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To: BiglyCommentary

US foreign policy is to make the world safe for perverts.


75 posted on 04/11/2022 11:56:19 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: Alberta's Child

But you are not. What country did we invade under phony pretenses to steal the oil anx resources? Iraq? Wow, we got so much from them for our 7 trillion invested. How about Afganistan? Another wow at all that mineral wealth we got from them. Obviously those “wows” are extreme sarcasm.


76 posted on 04/11/2022 11:57:54 AM PDT by BiglyCommentary
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To: ImJustAnotherOkie

LOL!! +1000!


77 posted on 04/11/2022 12:00:08 PM PDT by DarthVader (Not by speeches & majority decisions will the great issues of the day be decided but by Blood & Iron)
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To: Graybeard58
Gold has value.

Yes, 5000 rubles per gram...but only Russians can exchange them.

78 posted on 04/11/2022 12:00:30 PM PDT by mac_truck (aide toi et dieu t'aidera )
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To: C210N

Then why didn’t they pay their debt in gold?


79 posted on 04/11/2022 12:03:15 PM PDT by McGavin999 (To shut down the border tell the administration the cartel is smuggling Ivermectin )
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To: BiglyCommentary
Who said anything about why we invaded those countries? The point is that we DID invade them … and we continue to occupy these dumps that are no threat to the U.S.

Who the hell is the U.S. to sanction anyone else for invading another sovereign country?

80 posted on 04/11/2022 12:05:32 PM PDT by Alberta's Child ("Mr. Potato Head ... Mr. Potato Head! Back doors are not secrets.")
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