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Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. - Foreign Affairs - Nairaland

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Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by rottennaija(m): 9:24am On May 26, 2022
Russia Loses its Default Defense in 48 Hours. Here is what it means by Taurevanime

https://twitter.com/Taurevanime/status/1529565747575500803?t=odtHKkPqrlYxb7w_EfIImA&s=19


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Oh this is going to be fun right.

Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by rottennaija(m): 9:24am On May 26, 2022
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Indeed Russia has no problem paying despite the freezing of assets that are a huge shot in the foot for the West, because Russia still has other reserves and still makes money. They're a budget surplus nation.

So the West is trying to force a default for optics.

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Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by rottennaija(m): 9:24am On May 26, 2022
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Oh there is a bit more than just that. But also note where that money is owed. These are the people that will feel the hit of a default moreso than Russia.

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Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by rottennaija(m): 9:26am On May 26, 2022
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So it changes absolutely nothing for Russia.

Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by rottennaija(m): 9:26am On May 26, 2022
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They are entirely going off of the assumption that nations that didn't sanction Russia are going to take this 'default' at face value and impose restrictions

They really expect that Chinese and Iraqis are just robots who cannot fathom a new reality and adjust their actions to it

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Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by rottennaija(m): 9:26am On May 26, 2022
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Again I point to the chart, these Western investors are very worried because it is billions of dollars they're never going to see a cent from. All because of a plan to try and make it look like Russia is broke, while in reality it isn't.

Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by rottennaija(m): 9:31am On May 26, 2022
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It's all just a really stupid scheme that would not pass any form of neutral arbitration.

Russia can literally say that a third party has blocked their ability to pay in dollars despite having the financial means to pay their interest payments and loans.

Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by rottennaija(m): 9:31am On May 26, 2022
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That is assuming a neutral court of arbitration, which would likely be London based, is indeed neutral

But even then, China will not care. Because they're going to take payments in Yuan

The Ruble is still a strong currency that people want. Cuz Europe needs it to pay for gas.
Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by Emoc: 9:34am On May 26, 2022
SCAMerica is done and dusted.
Western hegemony is crumbling fast.

THANK YOU BOSS VLAD!

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Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by Balogunodua(m): 10:29am On May 26, 2022
When you are big...you are big grin

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Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by ken6488(m): 12:00pm On May 26, 2022
When you big you are big

Usa wanted to collapse russia but it back fire

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Re: Russia Loses Its Default Defense In 48 Hours. Here Is What It Means. by VictorUSA1: 12:59pm On May 26, 2022
Propaganda from the pit of hell for putinists to masturbate on.

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