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Russia defaults on debt

By: Cactus Flower in ALEA | Recommend this post (0)
Mon, 27 Jun 22 8:21 AM | 42 view(s)
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Msg. 46241 of 54959
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Although as it says, this is not a normal default as it can pay, wishes to pay and has attempted to. It is unable to do so due to sanctions.

I suppose the next step is the seizure of assets to repay the loans.

Russia will feel miffed (nuclear threats against the ratings agencies?) but they shouln't be razing cities and murdering people without cause.




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