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quakerboy

(14,911 posts)

33. Is this actually important?

Reply to LetMyPeopleVote (Original post)

Mon Jun 27, 2022, 02:31 AM

Jun 2022

Best I can tell the rouble is higher than it was last year, or at any point since 2015. Russia, last i checked, is making more per day on its oil than Ukraine is getting in aide.

So.. is there an actual consequence to this, or is it just another thing that means nothing in the face of india and china propping them up regardless?

Also.. maybe its time to consider whether India is a friendly country/valued trading partner?

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Russia Defaults on Foreign Debt for First Time Since 1918 [View all] LetMyPeopleVote Jun 2022 OP

They blew all their capital in a war they can't win bucolic_frolic Jun 2022 #1

That's what happens when you let ego drive your decision Phoenix61 Jun 2022 #4

It will be fun to see how Putin tries to spin this LetMyPeopleVote Jun 2022 #7

They have plenty of capital, just no way to access it. OnlinePoker Jun 2022 #22

A drugged up leader. Like we had. C Moon Jun 2022 #2

Time to phone Vladdy and ask for a credit card number, Baked Potato Jun 2022 #3

Uh oh repugs dweller Jun 2022 #5

Less rubles for the NRA and GOP this election year IronLionZion Jun 2022 #6

This message was self-deleted by its author Chin music Jun 2022 #17

Those 2 are too selfish to share with their other GOP folks IronLionZion Jun 2022 #20

Ah, they missed the May 27th deadline, Happy Memorial Day Putin! n/t AntiFascist Jun 2022 #8

Don't worry, Vlad! Lil Liberal Laura Jun 2022 #9

He just may have beaucoup dollars now. SergeStorms Jun 2022 #21

there's the $250 million NJCher Jun 2022 #30

Sociopaths are destroying the world. For their ego and control issues. Irish_Dem Jun 2022 #10

Yes they are SheltieLover Jun 2022 #15

Have been following and waiting for a couple months for this BumRushDaShow Jun 2022 #11

Heh! So apparently Vlad is not the wealthiest man in the world... madinmaryland Jun 2022 #12

Vlad's fortune is frozen, not spent. Eyeball_Kid Jun 2022 #23

Good job Joe! You got all the other countries together, held them together and made this work. mobeau69 Jun 2022 #13

+ 1 nt pazzyanne Jun 2022 #26

... SheltieLover Jun 2022 #14

O.K. but what are the real-world consequences of this default? Gvien this is a very rare event... machoneman Jun 2022 #16

Runaway inflation is a real possibility. LudwigPastorius Jun 2022 #19

And if hyperinflation becomes like it was in Germany in 1923, Wednesdays Jun 2022 #24

This message was self-deleted by its author Chin music Jun 2022 #18

Spot on blue-wave Jun 2022 #40

This message was self-deleted by its author Chin music Jun 2022 #41

TY Pres Biden & the Western Democratic Cha Jun 2022 #25

Sorry Vlad, no more borrowing to finance your little war..... lastlib Jun 2022 #27

I hope everyone remembers that Putin is Trumps BFF SouthernDem4ever Jun 2022 #28

they just shifted 200 million in gold Historic NY Jun 2022 #29

Editing note... littlemissmartypants Jun 2022 #31

And yet the Ruble is really strong? CloudWatcher Jun 2022 #32

Is this actually important? quakerboy Jun 2022 #33

No clue. Although wasn't 1918 around the fall of the Russian empire ColinC Jun 2022 #34

Well the infro from the internet . ..... Lovie777 Jun 2022 #36

Big Pharma has lots of factories in India, gab13by13 Jun 2022 #35

(late) NYT breaking on this now, but adds another tidbit of a caveat BumRushDaShow Jun 2022 #37

Who holds this debt? dupagelib Jun 2022 #38

Now they can spend that money on the war. Turbineguy Jun 2022 #39

The sanctions imposed by President Biden and our allies, since the invasion of Ukraine in February, LetMyPeopleVote Jul 2022 #42