re: Russia slides into historic debt default as payment period expires

It is funny that Euroclear, who refused the payment of rubles, is owned by J.P. Morgan, a leading global financial firm, that also just happens to be purchasing much of Russia’s debt.

Seems like a cycle, involving different currency & the ability to exchange them. SEC put the FED up, front-center, and Russia blew his brains out, then threw his money bag on the table and said “Here’s your due.”