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Phoenix61

(17,000 posts)

10. They saved who ever is getting the payments ass.

Reply to I_UndergroundPanther (Reply #2)

Thu Mar 17, 2022, 08:08 PM

Mar 2022

I have no problem with some foreign debts getting paid. Heck, pay them in full and empty the account. The only pain Russia would feel from defaulting is the loss of future investments which won’t happen with the sanctions in places. When/if they are lifted I’m not sure who would want to invest in Russia with Putin in charge. Their economy is toast for decades.

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Feds protected russia and defied [View all] I_UndergroundPanther Mar 2022 OP

The funds are frozen... Demsrule86 Mar 2022 #1

Either way they are undermining the sanctions I_UndergroundPanther Mar 2022 #2

They saved who ever is getting the payments ass. Phoenix61 Mar 2022 #10

There is a 30 day grace period which is how it works...so delete this OP as it is misleading and it Demsrule86 Mar 2022 #12

No, no....isn't the idea of sanctions to cause discomfort? This is weasley. Karadeniz Mar 2022 #3

Please see my reply in a thread about this yesterday: highplainsdem Mar 2022 #4

I clicked your link and got lots of ads I_UndergroundPanther Mar 2022 #7

The tweet I linked to, like the second paragraph of the article, highplainsdem Mar 2022 #14

This again? revmclaren Mar 2022 #5

Do you imagine that a decision this significant was made without Yellin's approval? brooklynite Mar 2022 #6

I dont know I_UndergroundPanther Mar 2022 #8

There's a 30 day grace period then the default occurs. mobeau69 Mar 2022 #9

Ok. I_UndergroundPanther Mar 2022 #11

It's just the way it is. They're still fucked. mobeau69 Mar 2022 #13

Good I_UndergroundPanther Mar 2022 #16

That doesn't make sense. Demsrule86 Mar 2022 #15

They had some dollars, at least 117 million, they sent to the bank. mobeau69 Mar 2022 #20

How do you account for one line in the article? Igel Mar 2022 #18

The payment will bounce. Demsrule86 Mar 2022 #19

A Default Could lead to a world wide monetary collapse. Jacson6 Mar 2022 #17

The Magnitzky Act (oligarch sanctions) passed in 2012 under Obama FakeNoose Mar 2022 #21

Thanks I_UndergroundPanther Mar 2022 #22