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Thread: Russia Defaults on Foreign Debt for First Time Since 1918

  1. #21
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    Quote Originally Posted by Ethereal View Post
    There really is no point in debating those neocon idiots.
    There’s never been a more ironic comment posted in this forum.
    When the people find that they can vote themselves money, that will herald the end of the republic.“ - Benjamin Franklin.


    “When people get used to preferential treatment equal treatment seems like discrimination.” - Thomas Sowell

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    MisterVeritis's Avatar Senior Member
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    Quote Originally Posted by Captdon View Post
    No, we aren't. No nation has to sell to any other nation. Period.
    Attacking a nation's currency and banking systems are attacks. It does not matter if you are unable to see it.

    Sanctions are attacks.

    Sharing intelligence for targeting is waging war, in this case illegally as we have not declared war against Russia. Providing weapons, logistics, and communications support are war acts, illegal war acts as we have not declared war.
    Call your state legislators and insist they approve the Article V convention of States to propose amendments.


    I pledge allegiance to the Constitution as written and understood by this nation's founders, and to the Republic it created, an indivisible union of sovereign States, with liberty and justice for all.

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    carolina73's Avatar Senior Member
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    Quote Originally Posted by MisterVeritis View Post
    Why meet your debt obligations to the people who are waging economic warfare against you?


    [FONT="]"The route to this point has been far from normal, as Russia has the resources to pay its bills -- and tried to do so -- but was blocked by the sanctions. Those restrictions also mean there’s huge uncertainty about what comes next, and about how investors can go about getting their money.[/FONT]
    “With Russia benefiting from the high price of its energy exports, it clearly has both the means and the desire to pay its foreign debt,” said Giles Coghlan, chief analyst at HYCM Group. It’s a “default in a technical sense, so many investors may be prepared to wait it out.”"

    https://finance.yahoo.com/news/russi...230100860.html

    ***
    Yes, Biden's policies combined with those of the EU have substantially improved Russia's outlook.
    So they are not defaulting for any other reason then they refuse to pay. Then they should be shut off completely. Any Assets from Russia should be confiscated and auctioned off.
    Let's go Brandon !!!

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    Quote Originally Posted by carolina73 View Post
    So they are not defaulting for any other reason then they refuse to pay. Then they should be shut off completely. Any Assets from Russia should be confiscated and auctioned off.
    I wonder why you believe the US can act with no repercussions? It fascinates me. We will lose our reserve currency status. It is just a matter of time now. And it is Biden's doing (with your consent).

    Our lives will not be the same. The collapse will be swift and enduring.
    Call your state legislators and insist they approve the Article V convention of States to propose amendments.


    I pledge allegiance to the Constitution as written and understood by this nation's founders, and to the Republic it created, an indivisible union of sovereign States, with liberty and justice for all.

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    It sounds like Russia can't pay not for lack of cash, but something else do to the sanctions- maybe the process to pay is somehow blocked.

    Anyway Russia doesn't care. They are creating their own trade block. The West and its allies will have its own trade block.
    ΜOΛΩΝ ΛΑΒΕ


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    MisterVeritis (06-28-2022)

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