>The Treasury Department on Tuesday took a major step toward pushing Russia into a government default, announcing it would no longer allow the Kremlin to make debt payments owed to American bondholders.
That's it. Now this is the end of Russia.
The Treasury Department on Tuesday took a major step toward pushing Russia into a government default...
Evan Wright
Ian Peterson
>two more weeks to defeat putin
dollar is no longer relevant , Europe is leaving the dollar and any sane person should
Jayden Ross
The Z and NATO flags are made so the new trainee fed retards don't get an aneurysm. Too complex otherwise. Those multi-reply tactics are quite a difficult thing to grasp.
Grayson Howard
Precedent has now been sent
Banks can now do the same thing to any loans or mortgages you have.
But why would they do that, they make money? Government will recoup them.
Luis Baker
>Amurica: We not gonna accept payments you owe us. We won.
Dylan Hill
Think about this though. We're stopping them from paying us for money we loaned them. How the fuck does that actually hurt them? Yes, yes... we're calling it "default" which has negative financial connotations. But think about what is ACTUALLY happening and explain how this will harm Russia's economy.
All this does is signal to the world that the dollar is not safe as a reserve currency.
Nathan Thompson
Surely you can understand the difference between an actual default because you are broke, and a technical default when the lender acts pissy and refuses to take your money?
Nothing will happen.
Owen Phillips
Kevin Robinson
>private lenders get fucked, their money is gobe
>private lenders are wary of lending money to russia in the future
Hunter Martinez
>"Pay denbts Ruskie"
"Okay here you go"
>"No I will not accept your money."
>"Btw since I didn't recieve your money you're defaulted now."
I hate the West so much it's unreal.
Caleb Brown
As someone who works in domestic finance, US creditors are required by law to accept legal tender if debt has already incurred. Any anons work internationally to explain how this works?
Levi Moore
>private lenders realise that they got fucked by the decisions of their American government, not Russia
>private lenders move their financial assets out of american banks and into some offshore heavens
Noah Wood
All of this seems to be misleading.
The US froze assets that were being used to pay debts, and waited right until debt payments were due to do it.
Aiden Mitchell
>into some offshore heavens
All popular offshore heavens are accessible to American financial or intelligence systems. Panama papers weren't hacked, it were leaked on puropse by US or/and UK intelligence, because it's their own offshore.
Jackson Perez
Yeah, not too proud of this administration.
Sorry ,Yuri
William Mitchell
Ruskis seed anime torrenta :)
Joseph Murphy
>He doesn't know what frustration of contract is
>MFW
Chase Roberts
>If you let your enemy pay denbts they win
Brayden Anderson
>Country of credit origin = lender
No
This guy gets it, and ultimately this is the reason anyone would want a good credit score in the first place so this action does harm Russia.
Nolan Clark
I have a feeling this is going to backfire.
Easton Rodriguez
t. nigger of europe
Hudson Williams
>Force default by not allowing them to pay
Sounds like an excellent way for all other countries to start laughing at the US.
Don't want to pay debt to America? Just say you don't like them, and you will be absolved.