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/biz/ - Business & Finance

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49996322 No.49996322 [Reply] [Original]

https://www.bbc.com/news/business-61929926

My question to you autists is, Russia has a debt to GDP of 18% and a fortress economy that is self reliant. So does a foreign debt default even matter?

>> No.49996344

>>49996322
Yes, for western economies
and I'm not even kidding
our politicians has proven again and again that they are financially illiterate

>> No.49996361

>>49996322
Yes and no. Alot of debts have clauses in them where when russia defaults on anything everything gets called due. so they could have to shit up 10s of billions worth of roubles, euros and other currencies

>> No.49996382

>>49996322
Maybe it was bullshit but i read the default only happened because the counterparties didn't accept payments from Russian banks or something?

>> No.49996385
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49996385

>>49996322

>> No.49996393

Oh no a 100m default. How will the world economy ever survive...help..help...

>> No.49996400
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49996400

>>49996385

>> No.49996406

>fortress economy that is self reliant

It's more that Russians are used to living in a shitty third world country, shitty Russia just got more shitty, that's not anything new.

>> No.49996408
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49996408

>>49996322
>>49996344
>>49996361
>>49996382
>>49996385
>>49996393
>>49996400
>trump browser imbecile posting russia news
he lost, please move on.

>> No.49996410
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49996410

>>49996400

>> No.49996425
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49996425

>>49996410

>> No.49996433
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49996433

>>49996425

>> No.49996439

>>49996385

Go back to pol. I'm asking for finance and economics. If I want to talk about WEF shit I'll go there to ask them.

>> No.49996443
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49996443

>>49996385
>>49996400
>>49996410
>>49996425
>>49996433

>> No.49996451

>That's just because the Evil (((West))) has frozen the money!

If you are the kind of country that makes other powerful countries sanction you to the point where you can't make interest payments, then investors will want to factor that in as well.

>> No.49996460
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49996460

>>49996322
>le russia is le based and good
>le msm article

>>49996439
>oy vey! don't post redpills in mah thread, oy vey oy vey!

>> No.49996544

>>49996439
>world economic forum doesn't relate to economics

>> No.49996565

Priced in, markets are short Russia.

>> No.49996602

>>49996544

The political side about "Putin backed by WEF muh Jews etc" is Pol related. I'm asking more detailed and technical analysis of the situation. Not muh Jews or mub Karl Swab alliance.

>> No.49996613

>>49996443
The New World Order Will bypass the West

>> No.49999445
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49999445

>>49996408
Cry more vatnick communism will be accepted in the US or anywhere else in the west.
Anons I would recommend reading the works of
sealed train by michael pearson
disinformation ion mihai pacepa

>> No.49999615

>>49996408
>Third row 2nd in from the left is me.
I stays bliggity
Trump 2024