Deadbeat.
Deadbeat.
Whoa Nelly!
That’s like your mortgage company refusing to accept a payment, then declaring you in default.
Reuters is such a joke.
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.
Good luck trying to collect.
Yeah I’m sure russia is worried
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?
Just deduct it from the $100B the US owes Russia.
This default is entirely symbolic for the following reasons:
1. Russia *has* money. Everything related to the “dollars vs rubles” question is a question of economic politicking, not Abilty to Repay.
2. Because of the sanctions, Western investments aren’t allowed in Russia anyway, so why would a Western credit rating even matter in the practical order?
3. Some might call it a rather duplicitous maneuver to freeze assets held in foreign countries (and, in some cases, try to sell them off) and then declare the rightful owner of those assets to be “in default.”
Meanwhile, Russia simply expands to more markets in Asia and Africa.
$1.9 million? Pocket change for Putin. Sounds like it’s planned.
Stop messing with the financial mechanisms that Russia needs to conduct transactions.