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Started By
Message
re: Update pg 23: Russia,IMO, will default on its sovereign debt within six months
Posted on 10/2/14 at 2:14 pm to LSURussian
Posted on 10/2/14 at 2:14 pm to LSURussian
quote:Their economy is in shambles. Some (prob MSNBC) would say the Obama has be "Reaganesque" with regards to Russia.quote:Do you think Putin is beaten?
So, can we now say that "Obama beat Putin"?
Too bad they don't have a wall that Obama can tell Putin to tear down.
1
Posted on 10/2/14 at 2:17 pm to mmcgrath
You didn't answer my question: Do you think Putin is beaten?
Posted on 10/2/14 at 2:19 pm to mostbesttigerfanever
quote:Sound familiar?
they're bringing it all on themselves. It's quite pathetic
Posted on 10/2/14 at 2:19 pm to LSURussian
quote:He's going to be dormant a bit. Obama has made the same basic mistake that Bush made with Iraq. He announced when he's leaving.
You didn't answer my question: Do you think Putin is beaten?
We'll see how things go after 2016.
Posted on 10/2/14 at 2:22 pm to StraightCashHomey21
quote:Does Putin still have Crimea? Does Putin still have de facto control over eastern Ukraine? Is Putin more or less popular in Russia than before he annexed Crimea?
What happened to Putin out witting Obama
Posted on 10/2/14 at 2:22 pm to bamarep
quote:
I got called pretty much a dumbass a while back for saying sink the commodities that the Ruskies (no offense LSUR) make their $ on and the situation would remedy itself.
You were laughed at for suggesting we could sink commodity prices.
Posted on 10/2/14 at 2:38 pm to LSURussian
He might hold these territories but at what cost?
It would be a checkmate if Russia defaulted on its sovereign debt. Obama should take credit for it since he takes the blame on everything else that happens with Russia.
It would be a checkmate if Russia defaulted on its sovereign debt. Obama should take credit for it since he takes the blame on everything else that happens with Russia.
Posted on 10/2/14 at 2:42 pm to LSURussian
quote:If the given economic crisis comes about as predicted, yes. Clearly it leaves Russia more vulnerable to succeeding breakups and loss of control over some of these other countries.
You didn't answer my question: Do you think Putin is beaten?
I think it was wondered on some comedy shows why Putin wanted to take control of some of these countries with horrible economies in the first place.
Posted on 10/2/14 at 2:52 pm to LSURussian
Russia and China are playing us like a fiddle.
Watch Jim Rickards: Coming Economic Depression.
The USA is the one that needs to be worried, once the petro dollar is replaced.
All indicators point to an economic collapse shortly.
Watch Jim Rickards: Coming Economic Depression.
The USA is the one that needs to be worried, once the petro dollar is replaced.
All indicators point to an economic collapse shortly.
Posted on 10/2/14 at 2:56 pm to S.E.C. Crazy
quote:I looked into his eyes and seen his soul.
Russia and China are playing us like a fiddle.
Posted on 10/2/14 at 3:07 pm to S.E.C. Crazy
quote:
Russia and China are playing us like a fiddle.
China is playing Russia but that's for another thread.
quote:
The USA is the one that needs to be worried, once the petro dollar is replaced.
By what????
quote:
All indicators point to an economic collapse shortly.
lulz
Posted on 10/2/14 at 3:37 pm to TOKEN
quote:Why? How does Russia not paying its creditors affect Crimea, eastern Ukraine and the Baltics? Please be specific.
It would be a checkmate if Russia defaulted on its sovereign debt.
Posted on 10/2/14 at 5:35 pm to StraightCashHomey21
Two poor ignorant, know nothings.
The whole of our economy is upside down.
I will get back with some facts once I eat.
I have businesses and investments, so I have to know what's happening at all time, I can't sit around with my head up my azz.
The whole of our economy is upside down.
I will get back with some facts once I eat.
I have businesses and investments, so I have to know what's happening at all time, I can't sit around with my head up my azz.
This post was edited on 10/3/14 at 12:10 pm
Posted on 10/2/14 at 9:47 pm to LSURussian
quote:
Russia, IMO, will default on its sovereign debt (again) within six months
The last time Russia defaulted on its debt was in 1998.
The Russian government halted all government bond sales since July and it just held its first bond sale on Sept 24 since that time. The yields exceeded 9%, a full 100 basis points over the previous auction. The 9.37% rate compares to the US rate on similar term bonds of 2.55%.
The ruble has lost 9% of its value against the US dollar since the Crimea invasion and lost a full 1% today.
The Central Bank of Russia announced today it is considering intervening into the currency market to prop up the ruble's value. That is the last governmental measure available before a currency collapses, like the ruble did in 1998.
What liquidity do they have on hand? I would be surprised if they defaulted within 6 months.
Posted on 10/2/14 at 10:08 pm to LSURussian
So, the west is going to supply money with no strings attached?
Posted on 10/2/14 at 10:19 pm to LSURussian
quote:No way. All he has to do is invest everything in Bitcoins, and Russia's problems will be solved. I'm not sure how, but I have it from the highest economic authorities that Bitcoins will make all other currencies and central banks obsolete.
Do you think Putin is beaten?
I'm weak, and I couldn't resist the temptation to bring a little Money Talk silliness to this thread.
Posted on 10/3/14 at 9:17 am to Big Scrub TX
quote:Six months is probably a stretch on my part. Probably more like 6 months to a year from now. Is that better?
I would be surprised if they defaulted within 6 months.
Posted on 10/3/14 at 9:21 am to LSURussian
quote:
Russia, IMO, will default on its sovereign debt (again) within six months
That looks like a good incentive for them to start a war with the former-Soviet Baltic countries.
Posted on 10/3/14 at 11:01 am to LSURussian
quote:
Russia, IMO, will default on its sovereign debt (again) within six months
You ought to be able to make a fortune off it, right?
Posted on 10/3/14 at 11:06 am to LSURussian
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