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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: 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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