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re: Update pg 23: Russia,IMO, will default on its sovereign debt within six months
Posted on 11/5/14 at 4:12 pm to LSURussian
Posted on 11/5/14 at 4:12 pm to LSURussian
This is worth bumping.
Sorry if you already covered this. What American institutions have the most exposure to Russian sovereign debt presently?
Also, I know you posted this as a potential excuse....
....but isn't there at least some truth to this?
Sorry if you already covered this. What American institutions have the most exposure to Russian sovereign debt presently?
Also, I know you posted this as a potential excuse....
quote:
He will just say the economic sanctions put on Russia by the West caused a capital outflow, hurt their oil exports, yada, yada, yada.
....but isn't there at least some truth to this?
This post was edited on 11/5/14 at 4:16 pm
1
Posted on 11/5/14 at 7:55 pm to dewster
I don't know what American institutions have exposure to Russian sovereign debt. I've read that European banks have the largest exposure but that doesn't mean US banks are without risk.
Regarding your question about there being some truth that the international sanctions have caused the Russian financial mess, yes, that is true.
But what Putin won't say is the sanctions were initiated as a response to his aggression against Ukraine. I would be very surprised if the average Russian citizen knows why the sanctions were put in place because of Putin's control over the Russian media.
Regarding your question about there being some truth that the international sanctions have caused the Russian financial mess, yes, that is true.
But what Putin won't say is the sanctions were initiated as a response to his aggression against Ukraine. I would be very surprised if the average Russian citizen knows why the sanctions were put in place because of Putin's control over the Russian media.
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