Russia is about to default on $150 billion

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Russia is about to default on $150 billion
Deplorable Hoosier Offer Upgrade User ID: 77746138 United States 03/15/2022 09:09 PM Report Abusive Post Report Copyright Violation	Russia is about to default on $150 billion The government says that all debt will be serviced, though it will happen in rubles as long as sanctions — imposed because of the war — don’t allow dollar settlements. Failure to pay, or paying in local currency instead of dollars, would start the clock ticking on a potential wave of defaults on about $150 billion in foreign-currency debt owed by both the government and Russian companies including Gazprom, Lukoil and Sberbank. [link to www.bloomberg.com (secure)] This is about to get very interesting.

Anonymous Coward User ID: 80426978 United States 03/15/2022 09:10 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Thas chump change will not even are a dent
Anonymous Coward User ID: 81107803 United States 03/15/2022 09:11 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Mere chump change in today's world.
Anonymous Coward User ID: 80985937 United States 03/15/2022 09:12 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion The USA owes $30 TRILLION. And it won't be long before we default on that.
Anonymous Coward User ID: 79348811 United States 03/15/2022 09:24 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion How do I default on a debt if I try to place the money in your hand and you refuse to take it?
Deplorable Hoosier (OP) User ID: 77746138 United States 03/15/2022 09:24 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Those credit default swaps are going to lead to another carsh.

QuoVadis User ID: 81389006 Germany 03/15/2022 09:25 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion noone in russia cares about monopoly money they go default and then? The art of propaganda lies in understanding the emotional ideas of the great masses and finding, through a psychologically correct form, the way to the attention and thence to the heart of the broad masses.
Anonymous Coward User ID: 80985937 United States 03/15/2022 09:34 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion noone in russia cares about monopoly money they go default and then? Quoting: QuoVadis Everyone else does it too?
Sol-tari User ID: 82468230 Australia 03/15/2022 09:40 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Shit! I guess there money will lose a lot of value... They're going to have trouble trading with western nations Hell... they might even have to consider only trading and working with other countries who won't care Think they'll be OK? Or will they get random assests seized and face sanctions? Perhaps have to use an alternative system then the current one? *Glitches May Occur. Consume(D) At Own Risk
Anonymous Coward User ID: 82489113 Germany 03/15/2022 10:01 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Are they in USD?
Anonymous Coward User ID: 82169090 United States 03/15/2022 10:14 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion The USA owes $30 TRILLION. And it won't be long before we default on that. Quoting: Anonymous Coward 80985937 That won't happen. That $30 trillion will be worth 30 million once hyper inflation kicks in. Then they'll pay everyone off.
Anonymous Coward User ID: 79302659 United States 03/15/2022 10:14 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion I am not on Russia’s side but them defaulting is more a problem for=r the guys you lent the money, unless of course Russia needs to borrow more from these, or like minded, institutions in the near future.
Anonymous Coward User ID: 79831996 United States 03/15/2022 10:15 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion this was already priced into the market... not the black swan we are looking for...
Anonymous Coward User ID: 62498229 United States 03/15/2022 10:15 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Lets see if China pays their tab.
Anonymous Coward User ID: 78274705 Canada 03/15/2022 10:16 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion How do I default on a debt if I try to place the money in your hand and you refuse to take it? Quoting: Anonymous Coward 79348811 Why should I accept your money if the value of your money is cut in half the moment it hits my hands because of the effective default? Nobody wants Rubles. Who am I going to sell it to so I can get Canadian dollars, for example.
Anonymous Coward User ID: 82489293 Armenia 03/15/2022 10:17 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion But American is $30 trillion in debt Russia is half America’s population. Their debt is minuscule

Sardonic Dadaist User ID: 80133934 United States 03/15/2022 10:17 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion I am not on Russia’s side but them defaulting is more a problem for=r the guys you lent the money, unless of course Russia needs to borrow more from these, or like minded, institutions in the near future. Quoting: Anonymous Coward 79302659 Exactly! If they strengthen ties with the east China India Iran all stans and the Middle East they will actually come out ahead. They also have massive gold reserves. Seeker 2
Anonymous Coward User ID: 77706418 Canada 03/15/2022 10:18 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion The government says that all debt will be serviced, though it will happen in rubles as long as sanctions — imposed because of the war — don’t allow dollar settlements. Failure to pay, or paying in local currency instead of dollars, would start the clock ticking on a potential wave of defaults on about $150 billion in foreign-currency debt owed by both the government and Russian companies including Gazprom, Lukoil and Sberbank. [link to www.bloomberg.com (secure)] This is about to get very interesting. Quoting: Deplorable Hoosier
Sardonic Dadaist User ID: 80133934 United States 03/15/2022 10:19 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Lets see if China pays their tab. Quoting: Anonymous Coward 62498229 Who needs to pay their tab what do they lose? What does the west have they need that can’t come from the east? Seeker 2
Anonymous Coward User ID: 82485824 United States 03/15/2022 10:19 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion The USA owes $30 TRILLION. And it won't be long before we default on that. Quoting: Anonymous Coward 80985937 Not until we steal every dollar we can, foreign and domestic. WE ARE THE TITANIC, and WE ARE GOING DOWN. Right now they are fighting for the lifeboats. It will get very ugly unless the rest of the world unites and puts an end to us.
FHL(C) User ID: 82427602 China 03/15/2022 10:19 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion The government says that all debt will be serviced, though it will happen in rubles as long as sanctions — imposed because of the war — don’t allow dollar settlements. Failure to pay, or paying in local currency instead of dollars, would start the clock ticking on a potential wave of defaults on about $150 billion in foreign-currency debt owed by both the government and Russian companies including Gazprom, Lukoil and Sberbank. [link to www.bloomberg.com (secure)] This is about to get very interesting. Quoting: Deplorable Hoosier Indeed it will. But not the way biden has been led to believe. Good bye usd global fiat YAHshua the sound of His Name in English, YAH is short form of YHVH, Bible.PRAYERBOOK.Praisebook DOWNLOADs [link to www.docdroid.net (secure)] [link to pdfhost.io (secure)] [link to www.docdroid.net (secure)]
Anonymous Coward User ID: 82485824 United States 03/15/2022 10:21 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion The USA owes $30 TRILLION. And it won't be long before we default on that. Quoting: Anonymous Coward 80985937 Not until we steal every dollar we can, foreign and domestic. WE ARE THE TITANIC, and WE ARE GOING DOWN. Right now they are fighting for the lifeboats. It will get very ugly unless the rest of the world unites and puts an end to us. Quoting: Anonymous Coward 82485824 BTW, the dollar will still be the medium of exchange in America right up to the very end. DO NOT HAVE YOUR DOLLARS WHERE THE US GOVERNMENT CAN GET THEIR HANDS ON THEM. (banks)
Anonymous Coward User ID: 80194568 United States 03/15/2022 10:21 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion The USA owes $30 TRILLION. And it won't be long before we default on that. Quoting: Anonymous Coward 80985937 We'll need to go to WAR.
Anonymous Coward User ID: 73614510 United States 03/15/2022 10:23 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Pretend money sucks
Anonymous Coward User ID: 82433509 United States 03/15/2022 10:24 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion So bill collection agencies are going to start calling
Horse lover fats User ID: 81118248 United States 03/15/2022 10:24 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion The government says that all debt will be serviced, though it will happen in rubles as long as sanctions — imposed because of the war — don’t allow dollar settlements. Failure to pay, or paying in local currency instead of dollars, would start the clock ticking on a potential wave of defaults on about $150 billion in foreign-currency debt owed by both the government and Russian companies including Gazprom, Lukoil and Sberbank. [link to www.bloomberg.com (secure)] This is about to get very interesting. Quoting: Deplorable Hoosier hardly 30 trillion dollars. That debt is a drop in the bucket. Russia is rich. Horse lover fats
Anonymous Coward User ID: 77706418 Canada 03/15/2022 10:25 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Thas chump change will not even are a dent Quoting: Anonymous Coward 80426978 Mere chump change in today's world. Quoting: Anonymous Coward 81107803 Yawn..looks like we got idiots with no education. Try paying that debt off with a ruble dollar that is worth 1 penny of the U.S. dollar or equivalent western currency of other nations. Suddenly that 150 billion is like 150 trillion. Now let me ask you, How do you like them apples?? muhhahahahahahaha
BoneTrout User ID: 81802822 United States 03/15/2022 10:25 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Its basically a forced default when you arent allowed to pay. It also hurts who is owed to more then the nation. Just like when the USA defaults if ever it will hurt the markets and who its owed. If this debt Russia has is owed to Europe or the USA then it wont hurt Russia much. Last Edited by messagehalted on 03/15/2022 10:25 PM All my post are theatrical artistic writing .
Anonymous Coward User ID: 80632010 Netherlands 03/15/2022 10:26 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Those credit default swaps are going to lead to another carsh. Quoting: Deplorable Hoosier
FHL(C) User ID: 82427602 China 03/15/2022 10:28 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Thas chump change will not even are a dent Quoting: Anonymous Coward 80426978 Mere chump change in today's world. Quoting: Anonymous Coward 81107803 Yawn..looks like we got idiots with no education. Try paying that debt off with a ruble dollar that is worth 1 penny of the U.S. dollar or equivalent western currency of other nations. Suddenly that 150 billion is like 150 trillion. Now let me ask you, How do you like them apples?? muhhahahahahahaha Quoting: Anonymous Coward 77706418 Its so wonderful that people like you are actually advising the administration. I can't imagine what the rest if the US population would do. Without you. Anyway rubble is backed by gold now. And barter is a thing. Paper money and electronics equivalent are the casino games of choice . Especially if its house rules. Last Edited by FHL(C) on 03/15/2022 10:30 PM YAHshua the sound of His Name in English, YAH is short form of YHVH, Bible.PRAYERBOOK.Praisebook DOWNLOADs [link to www.docdroid.net (secure)] [link to pdfhost.io (secure)] [link to www.docdroid.net (secure)]
FHL(C) User ID: 82427602 China 03/15/2022 10:29 PM Report Abusive Post Report Copyright Violation	Re: Russia is about to default on $150 billion Its basically a forced default when you arent allowed to pay. It also hurts who is owed to more then the nation. Just like when the USA defaults if ever it will hurt the markets and who its owed. If this debt Russia has is owed to Europe or the USA then it wont hurt Russia much. Quoting: BoneTrout Smarter man. Than many. YAHshua the sound of His Name in English, YAH is short form of YHVH, Bible.PRAYERBOOK.Praisebook DOWNLOADs [link to www.docdroid.net (secure)] [link to pdfhost.io (secure)] [link to www.docdroid.net (secure)]
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Russia is about to default on $150 billion