Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Teetering on Default, Russia Misses $1.9 Million Payment, Committee Determines
Reuters ^ | 6/1/2022 | Rodrigo Campos and Jorgelina do Rosario

Posted on 06/03/2022 8:20:38 AM PDT by marcusmaximus

Russia's failure to pay $1.9 million in accrued interest on a dollar bond will trigger payouts potentially worth billions of dollars, a panel of investors determined on Wednesday, as the country teeters on its first major external debt default in over a century.

(Excerpt) Read more at money.usnews.com ...


TOPICS: News/Current Events
KEYWORDS: americandebt; bidenflation; bidengasprices; deadbeats; default; digitalfiat; fakedefault; forcemajeure; jorgelinadorosario; lawsuitsincoming; narrativegames; neocons4biden; payyourdebtsputin; putin; rodrigocampos; russia; russiadebtdefault; russiadefault; russiandebt; russiandefault; warofthekeywords; westerndeadbeats; westerndefault
Navigation: use the links below to view more comments.
first 1-2021-4041-42 next last



Deadbeat.

1 posted on 06/03/2022 8:20:38 AM PDT by marcusmaximus
[ Post Reply | Private Reply | View Replies]

To: marcusmaximus
So a committee determined this?

Whoa Nelly!

2 posted on 06/03/2022 8:21:38 AM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

That’s like your mortgage company refusing to accept a payment, then declaring you in default.


3 posted on 06/03/2022 8:24:13 AM PDT by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus
a panel of investors determined

Reuters is such a joke.

4 posted on 06/03/2022 8:25:57 AM PDT by JennysCool ("It's easier to fool people than to convince them that they have been fooled." - Mark Twain)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JennysCool

Putin defaulted. Typical deadbeat slime.

https://www.cdsdeterminationscommittees.org/documents/2022/06/dc-decision-01-06-22-russian-federation-interest.pdf


5 posted on 06/03/2022 8:27:31 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 4 | View Replies]

To: marcusmaximus

Yes, they are in big trouble now. Their National Debt has ballooned to $20 Billion with a B. And now even though they are raking in twice as much cash as they were before the “invasion” they claim that they cannot make their payment. Our government owes over $30 Trillion 1500 times as much and all we have to do is print or program more money to make our payments. Silly Commies! They are so old fashioned.


6 posted on 06/03/2022 8:27:57 AM PDT by fireman15 (Irritating people are the grit from which we fashion our pearl. I provide the grit. You're Welcome.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: fireman15

https://www.pgpf.org/national-debt-clock


7 posted on 06/03/2022 8:29:01 AM PDT by fireman15 (Irritating people are the grit from which we fashion our pearl. I provide the grit. You're Welcome.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: JoSixChip

First sovereign debt default by Russia since the Bolkshevik Revolution. Nice work, Putin!


8 posted on 06/03/2022 8:29:30 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 3 | View Replies]

To: fireman15

First Russian sovereign debt default since 1917!


9 posted on 06/03/2022 8:31:52 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 6 | View Replies]

To: marcusmaximus

Good luck trying to collect.


10 posted on 06/03/2022 8:33:28 AM PDT by dfwgator (Endut! Hoch Hech!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JoSixChip
"That’s like your mortgage company refusing to accept a payment, then declaring you in default."

Yeah, try to pay your mortgage company with monopoly money or maybe currency you printed yourself like the ruble. They won't hesitate to declare you in default. You agreed to pay in dollars. Pay in dollars.

11 posted on 06/03/2022 8:34:39 AM PDT by DannyTN
[ Post Reply | Private Reply | To 3 | View Replies]

To: dfwgator

Russian debt now trading at 20 cents on the dollar. Putin channeling Zimbabwe.


12 posted on 06/03/2022 8:35:33 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 10 | View Replies]

To: marcusmaximus

Are you a real person? or a paid bot? curious, seriously.


13 posted on 06/03/2022 8:37:09 AM PDT by bte
[ Post Reply | Private Reply | To 12 | View Replies]

To: DannyTN

The ruble is way out performing the US dollar right now, and it’s gold backed to boot. You do know that, right?


14 posted on 06/03/2022 8:39:24 AM PDT by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: bte

Reagan tells Soviet jokes

https://www.youtube.com/watch?v=mN3z3eSVG7A


15 posted on 06/03/2022 8:39:54 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 13 | View Replies]

To: JoSixChip

The ruble is SO STRONG that Putin just defaulted on his sovereign debt. LOL!


16 posted on 06/03/2022 8:41:32 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 14 | View Replies]

To: marcusmaximus
The ruble is SO STRONG that Putin just defaulted on his sovereign debt. LOL!

Have you no shame at all? Russia made it's required payment, the payments were refused. That is not a default son, that is just lunacy.
17 posted on 06/03/2022 8:44:15 AM PDT by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: All

Yeah I’m sure russia is worried


18 posted on 06/03/2022 8:45:28 AM PDT by escapefromboston (Free Chauvin)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JoSixChip

Putin shorted the debt payment. Typical deadbeat.


19 posted on 06/03/2022 8:46:33 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 17 | View Replies]

To: marcusmaximus

Your cheerleading of this simplistic headline, without even the most basic of background, really shows you are only interested in promoting propaganda, not understanding.

How much do you get paid per post?


20 posted on 06/03/2022 8:46:54 AM PDT by PGR88
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-42 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson