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Money Pit: Zelensky govt signals intent to default on tens of billions in foreign debts.
Ron Paul Institute ^ | 21 July 22 | Jordan Schachtel

Posted on 07/22/2022 3:29:20 PM PDT by delta7

click here to read article


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To: ronnie raygun

UKRAINE IS A MONEY LAUNDERING SCAM FOR RATS AND THE UNIPARTY
—————-
Understated, Ukraine has THE most corrupted financial and banking system in the world. It is well known in the International banking industry. What makes them the most corrupted is their financial and banking industry is government sponsored….child trafficking, human trafficking, drugs, laundering, international weapons dealing, prostitution, financial document (s) forgery, passport forgery….in short, corruption in every sector and their way of life….”10 percent to Joe” isn’t going away.


61 posted on 07/22/2022 8:06:09 PM PDT by delta7
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To: Miguk; delta7

One other addendum to your analysis:

Russia was able to pay their debts to other nations thanks to a US Treasury loophole that allowed it to continue paying in spite of the sanctions.

The US Treasury then decided to close that loophole, rendering it impossible for Russia to pay in foreign currency thanks to the sanctions and the exclusion from SWIFT.

It would be equivalent to your mortgage company refusing to accept American dollars for the monthly payment, refusing to accept alternative payment arrangements, and then declaring you in default regardless (even though you were *able* and **willing** to repay).


62 posted on 07/22/2022 8:08:38 PM PDT by Ultra Sonic 007 (There is nothing new under the sun.)
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To: thecodont

oops, No image link from article.
I found this photo in duck-duck go images????


63 posted on 07/22/2022 8:13:03 PM PDT by UMCRevMom@aol.com
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To: All; delta7

Russia has much to institutionalized government corruption as well as from criminal Russian mofia:
child trafficking, human trafficking, drugs, laundering, international weapons dealing, prostitution.

Info sites regarding Human Trafficking:

1- The Russian Connection: How Russia Became a Leader in the
World’s Human Trafficking MarketWorld’s Human Trafficking M
https://stars.library.ucf.edu/cgi/viewcontent.cgi?article=6299&context=etd
2- Human Trafficking: The Secret to Putin’s Economy
25.Nov.2020
https://hir.harvard.edu/putin-and-human-trafficking/
3- The War Against Human Trafficking in Russia
https://www.borgenmagazine.com/war-human-trafficking-in-russia/
4- 2019 Trafficking in Persons Report: Russia
https://www.state.gov/reports/2019-trafficking-in-persons-report-2/russia/
“The Government of Russia does not fully meet the minimum standards for the elimination of trafficking and is not making significant efforts to do so”
5-’Worst Human Traffickers’ Include Russia, Belarus, Iran, Turkmenistan
https://www.rferl.org/a/russia-belarus-iran-turkmenistan-human-traffickers-report/29326302.html
6- WHEN THE GOVERNMENT IS THE TRAFFICKER: STATE-SPONSORED TRAFFICKING IN PERSONS:
The 2021 Trafficking in Persons Report includes the following 11 governments with a documented “policy or pattern” of human trafficking, trafficking in government-funded programs, forced labor in government-affiliated medical services or other sectors, sexual slavery in government camps, or the employment or recruitment of child soldiers:
Afghanistan
Burma
China
Cuba
Eritrea
Korea, North
Iran
RUSSIA [RANKS TIER 3]
South Sudan
Syria
Turkmenista


64 posted on 07/22/2022 8:28:12 PM PDT by UMCRevMom@aol.com
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To: UMCRevMom@aol.com

What is the point of this propaganda? Russia is not in a default.


65 posted on 07/22/2022 9:00:20 PM PDT by NorseViking
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Comment #66 Removed by Moderator

To: NorseViking

“Russia is not in a default?”

What’s happening with Russia’s 1st default on foreign debt in a century [Russia appears to default. Here’s why Putin won’t recognize it : NPR]

Updated June 27, 202210:35 AM ET
https://www.npr.org/2022/06/27/1107750231/russia-default-foreign-debt-payments-explained


67 posted on 07/22/2022 9:16:27 PM PDT by UMCRevMom@aol.com
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To: UMCRevMom@aol.com; NorseViking
Your own link shows that the default is in name only, being a function of economic warfare than an actual reflection of the state of Russia's economy, or their ability to repay:

Russia appears to have defaulted on its international debt for the first time in over a century, after Western sanctions made the country's efforts to pay its overseas creditors impossible...This put Russia on default watch as early as the spring. But Moscow kept paying its debts from currency reserves at home. In May, however, the U.S. Treasury blocked even those transfers to American investors.

68 posted on 07/22/2022 9:42:47 PM PDT by Ultra Sonic 007 (There is nothing new under the sun.)
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To: Ultra Sonic 007

TRUE.

Continue to explore information from the additional article I cited :)


69 posted on 07/22/2022 9:50:20 PM PDT by UMCRevMom@aol.com
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To: UMCRevMom@aol.com

Are you stupid or play your readers for stupid?


70 posted on 07/22/2022 11:47:08 PM PDT by NorseViking
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To: Ultra Sonic 007

Thank you for the correct observation.


71 posted on 07/22/2022 11:47:43 PM PDT by NorseViking
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To: UMCRevMom@aol.com

Does anyone know how much of the WW2 Lend Lease money Ruaaia ever paid back? I’ll bet Ukraine repays any default debts it has faster than Russia does.


72 posted on 07/23/2022 12:45:04 AM PDT by gleeaikin (Question authority)
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To: gleeaikin

At least according to one Ukrainian source, the outstanding Lend-Lease debt by the USSR was considered paid in full by Russia as of 2006: https://babel.ua/en/texts/65179-79-years-ago-ussr-entered-the-lend-lease-program-the-us-supplied-it-with-everything-tanks-aircraft-even-stew-and-felt-boots-the-ussr-dragged-with-payment-until-the-collapse-archival-photos


73 posted on 07/23/2022 1:16:10 AM PDT by Ultra Sonic 007 (There is nothing new under the sun.)
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To: delta7

bookmarked


74 posted on 07/23/2022 1:32:43 AM PDT by cranked
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To: rxh4n1
Like “The Producers” of international finance.

LOL! Max and Leo, take a bow!

75 posted on 07/23/2022 4:09:56 AM PDT by JonPreston
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To: UMCRevMom@aol.com

Makes sense, Ukies are Russian. They learned well.


76 posted on 07/23/2022 2:07:54 PM PDT by delta7
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To: NorseViking

“Are you stupid or play your readers for stupid?”

How very kind of you to ask a question with such options. Kind of like “have you stopped beating your wife?”


77 posted on 07/23/2022 3:33:27 PM PDT by UMCRevMom@aol.com ( )
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To: gleeaikin

The Russians never paid back a dime. Not a penny. They never intended to.

The Brits paid back every penny, with interest.


78 posted on 07/23/2022 3:59:45 PM PDT by jmacusa (Liberals. Too stupid to be idiots. )
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To: jmacusa

You probably need to check facts. The British paid after the Russians not to stand out.


79 posted on 07/23/2022 6:16:08 PM PDT by NorseViking
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To: NorseViking

Yes, the Brits paid, in full. I don’t understand the editing of the second half of what you said.


80 posted on 07/23/2022 6:36:28 PM PDT by jmacusa (Liberals. Too stupid to be idiots. )
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