US to fully block Russian debt payments, bringing Russia to the brink of default

[F-22Raptor]

https://twitter.com/x/status/1526691582174437376

 

[Beast]

https://twitter.com/x/status/1526691582174437376

Lol.. shooting it's own foot and then brag about damage to Russia? No need to pay back debt? Good!

Russia can open another bond in China market tie with their natural resources like precious metal and gas. We Chinese have complete faith on such great thing.

 

[That Guy]

Lol.. shooting it's own foot and then brag about damage to Russia? No need to pay back debt? Good!

Russia can open another bond in China market tie with their natural resources like precious metal and gas. We Chinese have complete faith on such great thing.

I know that copium feels good, but overdosing is bad for you. @RescueRanger @LeGenD @Wood @mmr

 

[StormBreaker]

https://twitter.com/x/status/1526691582174437376

Are all muricans too blind to see the evil aura surrounding these republicans and Biden specifically ?

I don’t understand why a US commoner believes that they are the most special and entitled being on Planet earth.

The nation should come out and kick the *** of Biden from Washington

 

[KAL-EL]

I know that copium feels good, but overdosing is bad for you. @RescueRanger @LeGenD @Wood @mmr

Copium seems to be one hell of a drug around here in general

 

[mmr]

I know that copium feels good, but overdosing is bad for you. @RescueRanger @LeGenD @Wood @mmr

china this china that...some ppl live in alternate universe

 

[Wood]

I know that copium feels good, but overdosing is bad for you. @RescueRanger @LeGenD @Wood @mmr

Do you think Russia China can perform some form of debt swap with lenders? China can take Russia's USD payments in return for resources from Russia. Say what you will about Russian economy, they still produce energy that the world needs at competitive rates

 

[Beast]

I know that copium feels good, but overdosing is bad for you. @RescueRanger @LeGenD @Wood @mmr

Lol.. delusionist from some who smoke western weed.

 

[AViet]

https://twitter.com/x/status/1526691582174437376

The US is busying badmouthing China and Russia about the damages they caused and forgetting about their own country: poverty, homeless, under-fed people, drug-addicted people, tent cities etc.

Try to find these in any Russian or Chinese cities.

Not unlike WION channel of India. Talking about any minor natural disasters in China with joy, while neglecting flood, storm, drought, famine which occur everyday in India.

So much common between the largest, and the second largest democracies.

 

[Apollon]

Lol.. shooting it's own foot and then brag about damage to Russia? No need to pay back debt? Good!

Russia can open another bond in China market tie with their natural resources like precious metal and gas. We Chinese have complete faith on such great thing.

No it cant. The moment Russia defaults, its dead. The chinese wont touch it with a stick.



So far China helped Russia nothing because out if fear to get sanctioned as well.

The US is busying badmouthing China and Russia about the damages they caused and forgetting about their own country: poverty, homeless, under-fed people, drug-addicted people, tent cities etc.

Try to find these in any Russian or Chinese cities.

Not unlike WION channel of India. Talking about any minor natural disasters in China with joy, while neglecting flood, storm, drought, famine which occur everyday in India.

So much common between the largest, and the second largest democracies.

Are you kidding me? Once you leave moscow you enter an dystopia of poverty.

 

[ckf]

No it cant. The moment Russia defaults, its dead. The chinese wont touch it with a stick.



So far China helped Russia nothing because out if fear to get sanctioned as well.



Are you kidding me? Once you leave moscow you enter an dystopia of poverty.

A technical default doesn't stop anybody doing business with Russia. Letter of Credit(LOC) will still be honored among trading partners, vis a vis EU gas purchases in Rubles....so very little impact on day to day activities. Russia imports will depend on financial gurantees...as long as trading partner(non sanctioning) accepts LOC, very little impact to Russia. Ruble has actually gone up pre war. So sanctions impacts will be softened. EU losing such a large trading partner with 140 million + consumers will lose as much as the Russians. Ironically, only long term winners will be China + US. EU transition away from Russian energy will prop up US energy firm profits, and China will captured majority of market share from EU industrial firms shifting out of Russia. China will also gain from cheap energy imports from Russia as well as enhanced land access to Russian energy. China biggest weakness economically is dependence on Middle east oil specifically oil shipment through hormuz and malacca. Now with Kazakhstan oil pipeline and Russian gas and oil, China has secured 20 + years of cheap energy, which is major component of industrial production and infrastructure building.

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[Apollon]

A technical default doesn't stop anybody doing business with Russia. Letter of Credit(LOC) will still be honored among trading partners, vis a vis EU gas purchases in Rubles....so very little impact on day to day activities. Russia imports will depend on financial gurantees...as long as trading partner(non sanctioning) accepts LOC, very little impact to Russia. Ruble has actually gone up pre war. So sanctions impacts will be softened. EU losing such a large trading partner with 140 million + consumers will lose as much as the Russians. Ironically, only long term winners will be China + US. EU transition away from Russian energy will prop up US energy firm profits, and China will captured majority of market share from EU industrial firms shifting out of Russia. China will also gain from cheap energy imports from Russia as well as enhanced land access to Russian energy. China biggest weakness economically is dependence on Middle east oil specifically oil shipment through hormuz and malacca. Now with Kazakhstan oil pipeline and Russian gas and oil, China has secured 20 + years of cheap energy, which is major component of industrial production and infrastructure building.

Business Insider - Latest News in Tech, Markets, Economy & Innovation

Business Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know.

www.businessinsider.co.za

Russia is no big trading partner. Its dirt poor with miniscule economy.

 

[ckf]

Russia is no big trading partner. Its dirt poor with miniscule economy.

Ukraine is dirt poor, $3751 gdp per capital vs Russia $12, 198. Russia is not a Rich country because no fiat currency, but I wouldn't call it poor.

Greece PPP per capita $27,948 vs Russia PPP per capita $29,812

So Greece is dirt poor as well by your definition.

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=GR-RU

Country comparison Ukraine vs Russia 2024

Country comparison, you can compare any two countries and see the data side by side. Here you have the comparison of Ukraine vs Russia

countryeconomy.com

 

[UKBengali]

No it cant. The moment Russia defaults, its dead. The chinese wont touch it with a stick.



So far China helped Russia nothing because out if fear to get sanctioned as well.

You need to be clued up a bit about how important that China is to the world economy.

Sanctioning China like Russia would send the whole world into a deep depression.

While China will be able to ride this out, we are likely to see revolutions in Europe as people are unable to eat and heat their homes. China is a stronger and cohesive country than many in Europe.

China has not helped out Russia militarily for two main reasons - Russis has invaded Ukraine and so they are more to blame than Ukraine and they want to keep on good terms of the Europeans who they still hope to split from the USA.

 

[Apollon]

Ukraine is dirt poor, $3751 gdp per capital vs Russia $12, 198. Russia is not a Rich country because no fiat currency, but I wouldn't call it poor.

Greece PPP per capita $27,948 vs Russia PPP per capita $29,812

So Greece is dirt poor as well by your definition.

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=GR-RU

Country comparison Ukraine vs Russia 2024

Country comparison, you can compare any two countries and see the data side by side. Here you have the comparison of Ukraine vs Russia

countryeconomy.com

Have you ever visited Russia?

You need to be clued up a bit about how important that China is to the world economy.

Sanctioning China like Russia would send the whole world into a deep depression.

While China will be able to ride this out, we are likely to see revolutions in Europe as people are unable to eat and heat their homes. China is a stronger and cohesive country than many in Europe.

China has not helped out Russia militarily for two main reasons - Russis has invaded Ukraine and so they are more to blame than Ukraine and they want to keep on good terms of the Europeans who they still hope to split from the USA.

Europe would never side with an autocratic regime. Just today Germany voted to bring back Taiwan into WHO.