- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Russia slides into historic debt default as payment period expires
Posted on 6/27/22 at 1:48 pm to TerryDawg03
Posted on 6/27/22 at 1:48 pm to TerryDawg03
US blocked Russian using USD to pay debts. US is intentionally creating Russian debt fault.
Initially, Russian was exempted from the Dollar ban to pay its its debt. But recently US Dept. of Treasure changed its mind.
My guess is US think American banks will not lose by doing this. The European banks may lose big so they will hate Russian more.
Russian is saying it is not Russian fault if the bonds holder not receiving the money. Hope this in turn, the bonds holders will pressure US Dept. of Treasure to back off.
That is why Russia need to pay the debts in Rubble.
Initially, Russian was exempted from the Dollar ban to pay its its debt. But recently US Dept. of Treasure changed its mind.
My guess is US think American banks will not lose by doing this. The European banks may lose big so they will hate Russian more.
Russian is saying it is not Russian fault if the bonds holder not receiving the money. Hope this in turn, the bonds holders will pressure US Dept. of Treasure to back off.
That is why Russia need to pay the debts in Rubble.
This post was edited on 6/27/22 at 1:53 pm
0
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News