General Discussion

Omnipresent

(7,232 posts)

8. I heard Rachel mention on her program that...

Mon Mar 14, 2022, 02:02 PM

Mar 2022

Russia is forty times the size of France, but barely has the economy of France.

If that is true, than what the fuck kind of country, is it?!

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Russia could default on its debt within days [View all] dalton99a Mar 2022 OP

Very good news. lagomorph777 Mar 2022 #1

And bad for Vlad! calimary Mar 2022 #31

What happens if a country defaults on it's bonds? BlueGreenLady Mar 2022 #2

I'd like to know this, too. Reader Rabbit Mar 2022 #3

maybe NJCher Mar 2022 #21

From your keyboard to karma's ear! SheltieLover Mar 2022 #50

It might be a more figurative encounter. calimary Mar 2022 #36

I'd like to think that without money they can't continue the invasion. Hope I'm right. ificandream Mar 2022 #4

No one will loan them more money, countries will begin to seize Russian assets to service the debt. FSogol Mar 2022 #5

+1 SoonerPride Mar 2022 #10

Unfortunately it's probably not going to impact Putin and his gang. cstanleytech Mar 2022 #13

It's not that no one will loan them money... A HERETIC I AM Mar 2022 #19

+1 n/t FSogol Mar 2022 #30

It's Quite Likely Catastrophic ProfessorGAC Mar 2022 #22

Russian government has borrowed relatively little. JPMorgan estimates that it had about $40 billion yaesu Mar 2022 #23

i.e. bad for Russians, but world effect is minimal JCMach1 Mar 2022 #37

See post 5. reACTIONary Mar 2022 #42

It will be more difficult to borrow money, issue bonds, etc. L. Coyote Mar 2022 #47

They'll have trouble finding new investors IronLionZion Mar 2022 #57

"What have you got to lose?" - dotard Budi Mar 2022 #6

IKR? ETTD OMGWTF Mar 2022 #15

Yup. Belly up & bloated Budi Mar 2022 #58

trump owes russia a lot of money. Can they get their money from him now? n/t SheilaAnn Mar 2022 #7

Guessing trump will pay in ruble iou's. Less than a penny on the dollar. trump stiffing putin.... erronis Mar 2022 #14

If i follow correctly quakerboy Mar 2022 #33

Half it's value is the key metric. Yen, for example, has low value per unit JCMach1 Mar 2022 #39

I'd imagine Putin's not gonna like that. calimary Mar 2022 #38

Trump helped them hide many times more than he "owes" them. Ford_Prefect Mar 2022 #48

I heard Rachel mention on her program that... Omnipresent Mar 2022 #8

Here: dalton99a Mar 2022 #9

Thanks Rachel! Omnipresent Mar 2022 #35

great info. Thanks! Evolve Dammit Mar 2022 #45

Here's a variation of that (as a pie chart) BumRushDaShow Mar 2022 #49

+1 dalton99a Mar 2022 #56

As a point of reference only: California has about 39.5 million people while Ukraine had 41 million. Ford_Prefect Mar 2022 #51

The vast majority of it is wilderness, farmland, and/or frozen madville Mar 2022 #11

Or political preference. OMGWTF Mar 2022 #17

Too bad cows can't vote in those red states! Omnipresent Mar 2022 #43

That 40 Seems Geographic ProfessorGAC Mar 2022 #24

Proving the point that size doesn't matter yaesu Mar 2022 #26

I can't help but suspect, though, calimary Mar 2022 #41

Its a very large, very empty gas station... reACTIONary Mar 2022 #44

How long before they start BlueIdaho Mar 2022 #12

Pootie Poot isn't quite the "genius" Trump thinks..... SergeStorms Mar 2022 #16

they'll just turn on the printers and pay the debt with stacks of rubles. WarGamer Mar 2022 #18

tank's , aircraft, will be repo'd !!! monkeyman1 Mar 2022 #20

It's being reported that Putin will stay on course, doubling down, wash-spin-repeat ffr Mar 2022 #25

TrumPutin's cockamamie Ukraine blackmail scheme only elevated Biden's campaign. lagomorph777 Mar 2022 #34

Some of that could be to strengthen his negotiating position. Wingus Dingus Mar 2022 #52

rubles Slammer Mar 2022 #27

"Will Pay Debt in Rubles" PatSeg Mar 2022 #40

propaganda Slammer Mar 2022 #46

$117M is peanuts for the Billion $$'s oligarchs ... aggiesal Mar 2022 #28

Hey, Russia, why not pay in used toilet paper? It's worth about the same. AZLD4Candidate Mar 2022 #29

This message was self-deleted by its author YoshidaYui Mar 2022 #32

Satire-TFG Offers to Help Russia File for Bankruptcy LetMyPeopleVote Mar 2022 #53

No kidding! His go-to last gasp. Budi Mar 2022 #59

Kicking for visibility SheltieLover Mar 2022 #54

Think China will throw Russia a lifeline? Brother Buzz Mar 2022 #55