General Discussion

Ford_Prefect

(8,456 posts)

48. Trump helped them hide many times more than he "owes" them.

Mon Mar 14, 2022, 04:36 PM

Mar 2022

The leisure industry at Trump's level is a very good way to launder dirty money. Just ask the oligarchs and drug lords about all those holiday village resorts sprinkled around the Caribbean, the far east and the
Mediterranean owned by off-shore holding companies with curious names and opaque ownership registry.

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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