Russia announced a default on foreign obligations!!!

[be.open]

And yeah, I am sure now Ukrainians will just love Putin and the Russians for killing and raping them. What alternate reality are you living in?!!?!

Russia does not need the love of Ukraine. The Nazi viper needs to have its venomous teeth pulled out so it can't bite, that's enough.

[NeuroticFish]

In Ukraine, the puppet government after the coup on the Maidan, and deliberately cultivate anti-Russian sentiment in Ukraine

Russia does not need the love of Ukraine.

Well, if you post others' propaganda, at least pay attention to not contradict yourself.
However, you have just proven yourself just another mindless troll that doesn't deserve the slightest attention.

[be.open]

In Ukraine, the puppet government after the coup on the Maidan, and deliberately cultivate anti-Russian sentiment in Ukraine

Russia does not need the love of Ukraine.

Well, if you post others' propaganda, at least pay attention to not contradict yourself.
However, you have just proven yourself just another mindless troll that doesn't deserve the slightest attention.

There is no contradiction here. I will explain with an example, imagine for a moment that some conditional country made a coup in Ireland, and then began to actively finance and supply weapons to the IRA, and cultivate hatred of Great Britain from the school bench in Ireland, releasing history books in which the British were portrayed Dirty bastards who need to be blown up, killed, and cut off their heads. Every year to hold mass demonstrations in the streets with crowds of masked militants. And to do this for 18 years, so that a whole generation of Irish people has grown up who consider the British people of the lower class. And then the leadership of Ireland would say out loud that it would be nice to get hold of a nuclear bomb. Sound wild? Meanwhile, this is exactly what happened in Ukraine.

Do you think the English would care what to do so that the Irish were kindled with love for them? Would they have been trying for eight years to resolve this delicate issue through diplomacy, as Russia did? Let's be frank, the Anglo-Saxons are disliked in many places in the world, and there are reasons. But do they not care about it now, and do they care even more about it if it is a serious threat to the security of their country?

ps You can ignore my messages if they seem to you a threat to your habitual patterns and stereotypes of perception.

[DrBeer]

Putin "response" is not related to frozen reserves. Putin doesn't need reasons for "shitty response", he can fabricate them himself.
Thinking different means big flaw in one's logic. Just ask yourself: what was first, his attack or the sanctions? And if so, what was the reason for his shitty attack?!

Do not be fooled, if you look at the essence of things, or at least a little deeper than the surface, then at least 80% of the responsibility for the armed conflict between Russia and Ukraine lies with the United States. The United States is the main beneficiary of this conflict, it weakens Russia in one fell swoop, shifts the attention of Americans from internal problems to external ones and, with the imposed sanctions policy, actually destroys a strong competitor in the face of the European Union. In Ukraine, the puppet government after the coup on the Maidan, and deliberately cultivate anti-Russian sentiment in Ukraine, the United States began back in 2004 with the coming to power of Yushchenko. A similar US policy is being pursued in Taiwan towards China.

Oh I love reading your posts
And let's, as adults, adequate people, now quickly deal with the "coup in Ukraine?
Very simple questions:
1. The wording of what is a "coup d'état"
2. a list of events in Ukraine that correspond to paragraph 1, in the format date, event, performer / performers. You can add what rule of law violated

Now we will find out the whole truth about the "coup", unless of course the "reality" is fabulous

[NeuroticFish]

There is no contradiction here. I will explain with an example, imagine for a moment that some conditional country made a coup in Ireland, and then began to actively finance and supply weapons to the IRA, and cultivate hatred of Great Britain from the school bench in Ireland, releasing history books in which the British were portrayed Dirty bastards who need to be blown up, killed, and cut off their heads. Every year to hold mass demonstrations in the streets with crowds of masked militants. And to do this for 18 years, so that a whole generation of Irish people has grown up who consider the British people of the lower class. And then the leadership of Ireland would say out loud that it would be nice to get hold of a nuclear bomb. Sound wild? Meanwhile, this is exactly what happened in Ukraine.

Did Great Britain invade Ireland (or anybody) after WW2? No. Then it's not what has happened in Ukraine.
Maybe in your head we are in 17th century, but no, nowadays attacking other country is not normal and no wild analogy would make them look better.

ps You can ignore my messages if they seem to you a threat to your habitual patterns and stereotypes of perception.

I will mostly ignore them, but the reason is that you use the half-logic seen in any propaganda, instead of healthy logic.
I will mostly ignore them because if I don't, I am just feeding the troll, hence inviting you spread more garbage.
Even insulting me about stereotypes is a typical trolling method to force an answer, I know that. Or is this "stereotype" too?

[stompix]

Well, western countries are in need of rubles right now this can be the game changer because the Russia's announcement that unfriendly countries can only buy their oil with ruble means USD actually becomes worthless in Russia,this ain't affected the USD value but it just showed that USD may fall and lose its reserve currency status if they lose more countries relationships and start imposing sanctions.

Nobody is in need of rubles! Nobody!
The whole ruble thing was just Russia trying to flex its muscles and nobody even flinched!

Moreover, use logic, it's not that hard!
If Russia is still getting paid in Euros for gas, how is it possible that it has no Euros or USD to pay its debt and is forced to pay in rubles?
The truth is pretty simple, they don't have enough because Russia also needs to import a lot of stuff right now that is obviously far more expensive than it was before, if the propaganda would have been true they wouldn't have bought European stuff hen the alternative from China would have been better and cheaper.

Simple, they don't have money, nobody wants ruble and nobody will, not with the CB rising the interest rate by 20% overnight.

The United States is the main beneficiary of this conflict, it weakens Russia in one fell swoop,

But, but, I thought the father of the fatherland and his troll army said that Russia is better than ever, sanction makes orc army stronger, killl all nazi, Russia stronk..
How come now its weakened?

Russia was quite a technological country.  
The oil and gas industry is a very technologically advanced industry.  Nuclear power is an even more technologically advanced industry.  Russia also had a space industry (technical developments from the times of the USSR), metallurgy, agriculture and fertilizer production.

Unfortunately for Russians, no it's not, it's one of the most backward countries in the world.
Most of the drilling is made with European equipment that's why Shell was present in Russia, wouldn't it be stupid to have a foreign company take profits when you could do it yourself? Russia has no deep water platforms, all are either junk bought from Netherlands or Brazil or even US, the only new ones are not their property, it has no technology for drilling in the northern regions, it can't even properly maintain oil rigs. Look at the auto industry, at trucks, planes, at medical equipment, everything is based on western technology, they have zero on their own, the back-up plan to replace Renault is to sell a car with no airbags!
 

Also in Russia there is a very good technical education (including many good specialists in the field of informatics and computer technology).  

And 99% flee the country. With that percentage going up to 99.98 lately.
The moment they started looting Nutella and socks and underwear is the moment everyone realized their level.

[be.open]

Putin "response" is not related to frozen reserves. Putin doesn't need reasons for "shitty response", he can fabricate them himself.
Thinking different means big flaw in one's logic. Just ask yourself: what was first, his attack or the sanctions? And if so, what was the reason for his shitty attack?!

Do not be fooled, if you look at the essence of things, or at least a little deeper than the surface, then at least 80% of the responsibility for the armed conflict between Russia and Ukraine lies with the United States. The United States is the main beneficiary of this conflict, it weakens Russia in one fell swoop, shifts the attention of Americans from internal problems to external ones and, with the imposed sanctions policy, actually destroys a strong competitor in the face of the European Union. In Ukraine, the puppet government after the coup on the Maidan, and deliberately cultivate anti-Russian sentiment in Ukraine, the United States began back in 2004 with the coming to power of Yushchenko. A similar US policy is being pursued in Taiwan towards China.

Oh I love reading your posts
And let's, as adults, adequate people, now quickly deal with the "coup in Ukraine?
Very simple questions:
1. The wording of what is a "coup d'état"
2. a list of events in Ukraine that correspond to paragraph 1, in the format date, event, performer / performers. You can add what rule of law violated

Now we will find out the whole truth about the "coup", unless of course the "reality" is fabulous

1. A coup is the seizure of power by unconstitutional means.
2. On February 22, 2014, the Verkhovna Rada adopted a resolution on "self-elimination from the exercise of constitutional powers" of the current President of Ukraine Yanukovych. "Self-elimination of the president from the exercise of constitutional powers" is not indicated in the list of grounds for early termination of the powers of the head of state. Yanukovych's state of health was quite normal, the impeachment procedure was not carried out, that is, formally and in fact, a coup took place in Ukraine.

You can call it a color revolution according to the training manual of Bernard-Henri Levy, but the essence of this will not change - a coup is a coup.

The United States is the main beneficiary of this conflict, it weakens Russia in one fell swoop,

But, but, I thought the father of the fatherland and his troll army said that Russia is better than ever, sanction makes orc army stronger, killl all nazi, Russia stronk..
How come now its weakened?

Well, because of the sanctions. Or do you think that sanctions are imposed to strengthen the country's economy, and not to weaken? It can be said for a long time and at length that this sword is double-edged and sanctions not only weaken the country on which they are imposed, but also cause damage to the country that imposes them (and Biden speaks openly about this, blaming Putin for the current surge in inflation in the United States), but too lazy to print.

[Smartprofit]

Yes, I agree that Russia is completely dependent on Western technology.  China (by the way) also depends on Western technology.  

For example, in a Xiaomi smartphone, almost all components are foreign (American processors, Japanese and South Korean camera units, etc.).  However, it cannot be said that China is not a technological country.  Russia is able to maintain and build nuclear power plants (this already indicates the presence of technological potential).  Russia is capable of building icebreakers and fissioning uranium.  

Another thing is how Russia disposed of such a starting technological potential?  

With the petrodollars that Russia received in 2000-2020, it was possible to build communism (not a concentration camp, but an ideal technological society of harmonious and happy people).  

Russians could become the richest and happiest inhabitants of the planet Earth.  Travel the world, earn a lot of money, be useful to other people, create new technologies, use the most advanced medical developments.  Russians could become demigods.  An example for the rest of the civilized world.  

Yes, it was probably necessary to avoid envy and intrigue from the governments of other countries.  

But this requires the wisdom of managers. Managers receive large salaries, just in order to solve complex strategic problems.

But not by escalating conflicts.  This is a road to nowhere.  This is the road to disaster.

[DrBeer]

1. A coup is the seizure of power by unconstitutional means.
2. On February 22, 2014, the Verkhovna Rada adopted a resolution on "self-elimination from the exercise of constitutional powers" of the current President of Ukraine Yanukovych. "Self-elimination of the president from the exercise of constitutional powers" is not indicated in the list of grounds for early termination of the powers of the head of state. Yanukovych's state of health was quite normal, the impeachment procedure was not carried out, that is, formally and in fact, a coup took place in Ukraine.

You can call it a color revolution according to the training manual of Bernard-Henri Levy, but the essence of this will not change - a coup is a coup.

1. Excellent! We remember the keyword - NOT in a CONSTITUTIONAL way. Or simply - in violation of local law. Yes ? By the way - why did you decide to modestly miss one very important point in the discussion of this issue - the constitutional system of Ukraine? This is, after all, a parliamentary-presidential one. Those. the main branch of power is PARLIAMENT? All right? That's right, because it's written in the Constitution of Ukraine!

2. And now we come to your amazing set of "facts" Let's simplify and ask a simple question - why are you lying? Are you deliberately lying? I'm ready to prove it here, and any participant can check the evidence! So, what was the essence of the "coup" process - After almost a week, the President of the Country did not appear at his workplace, did not get in touch, did not give any orders in any other way), the Verkhovna Rada voted for a resolution in which it was pointed out the need to temporarily assign the duties of the head of state to the chairman of the Verkhovna Rada (Alexander Turchynov. - The Verkhovna Rada has the right to such decisions) in connection with the self-elimination of Yanukovych.
No one removed Yanukovych from power or overthrew him. In the resolution of the Verkhovna Rada (dated February 22, 2014.), it is only about the fact that his powers are assigned to Turchynov in connection with the self-elimination of Yanukovych. The reason for the adoption of such a resolution was the absence of the president at the workplace, the lack of communication with him and the aggression that had begun in Crimea.
The next day, February 23, 2014, information became available that it was Yanukovych, violating the Constitution of Ukraine, who called, on the alleged behalf of Ukraine, to send Russian troops to forcefully suppress popular rallies requiring compliance with the law.
Viktor Yanukovych fled from Ukraine to Russia on the night of February 23, 2014 (before that, he had been hiding since mid-February, did not fulfill his obligations, did not get in touch, did not appear at the workplace).
According to the investigation, immediately after arriving in the Russian Federation, Yanukovych entered into an agreement with the Russian authorities to obtain preferences and further residence in Russia. The former president is charged with "encroachment on the territorial integrity and inviolability of Ukraine", "high treason" and "waging an aggressive war." The investigation believes that the Kremlin used Yanukovych as the alleged acting head of state to "legitimize the presence of Russian troops in Ukraine and the occupation of part of Ukrainian territory."


Notice how different your version and mine are. Yours - built on propaganda, mine - on historical facts? I would strongly recommend that you stop lying, besides, it is so primitive - all the facts can now be checked very simply

[fiulpro]

When Russia has been thrown out of SWIFT system, how they are supposed to pay their debt in USD?? It seems OP has fallen prey of US media manipulation.

Read the actual news here,

https://www.reuters.com/world/europe/russia-will-take-legal-action-if-forced-into-sovereign-debt-default-newspaper-2022-04-10/

Hope it makes sense! Russian government has already made arrangements to repay the debt in Rubble instead of USD. It isn't a default.

How ? Isn't it too simple?? They are just supposed to STOP THE WAR!! They are supposed to stop killing people and do unspeakable things to the females. They are trying to erase Ukraine from the map and at the same time even if they were threatened by the NATO there were many things that could have been done rather than bombing quite a peaceful country.

- They had a choice and they still have a choice and they have to understand that they are just leaning over and Putin just wants to be Hitler 2.0, nothing else. 

Russia is dependent for sure but some of the European countries are also dependent on Russia as well, that what makes the whole system functioning in order.

it's not Russia but some company just bragging about that they offered to be paid in roubles, they denied and so now thinking it's a default, not more

They have to understand the terms and conditions, clearly, a default is a default but at the same time how are they able to fund the continuous shelling and at the same time pay off everything that's due ?

[be.open]

1. A coup is the seizure of power by unconstitutional means.
2. On February 22, 2014, the Verkhovna Rada adopted a resolution on "self-elimination from the exercise of constitutional powers" of the current President of Ukraine Yanukovych. "Self-elimination of the president from the exercise of constitutional powers" is not indicated in the list of grounds for early termination of the powers of the head of state. Yanukovych's state of health was quite normal, the impeachment procedure was not carried out, that is, formally and in fact, a coup took place in Ukraine.

You can call it a color revolution according to the training manual of Bernard-Henri Levy, but the essence of this will not change - a coup is a coup.

1. Excellent! We remember the keyword - NOT in a CONSTITUTIONAL way. Or simply - in violation of local law. Yes ? By the way - why did you decide to modestly miss one very important point in the discussion of this issue - the constitutional system of Ukraine? This is, after all, a parliamentary-presidential one. Those. the main branch of power is PARLIAMENT? All right? That's right, because it's written in the Constitution of Ukraine!

2. And now we come to your amazing set of "facts" Let's simplify and ask a simple question - why are you lying? Are you deliberately lying? I'm ready to prove it here, and any participant can check the evidence! So, what was the essence of the "coup" process - After almost a week, the President of the Country did not appear at his workplace, did not get in touch, did not give any orders in any other way), the Verkhovna Rada voted for a resolution in which it was pointed out the need to temporarily assign the duties of the head of state to the chairman of the Verkhovna Rada (Alexander Turchynov. - The Verkhovna Rada has the right to such decisions) in connection with the self-elimination of Yanukovych.
No one removed Yanukovych from power or overthrew him. In the resolution of the Verkhovna Rada (dated February 22, 2014.), it is only about the fact that his powers are assigned to Turchynov in connection with the self-elimination of Yanukovych. The reason for the adoption of such a resolution was the absence of the president at the workplace, the lack of communication with him and the aggression that had begun in Crimea.
The next day, February 23, 2014, information became available that it was Yanukovych, violating the Constitution of Ukraine, who called, on the alleged behalf of Ukraine, to send Russian troops to forcefully suppress popular rallies requiring compliance with the law.
Viktor Yanukovych fled from Ukraine to Russia on the night of February 23, 2014 (before that, he had been hiding since mid-February, did not fulfill his obligations, did not get in touch, did not appear at the workplace).
According to the investigation, immediately after arriving in the Russian Federation, Yanukovych entered into an agreement with the Russian authorities to obtain preferences and further residence in Russia. The former president is charged with "encroachment on the territorial integrity and inviolability of Ukraine", "high treason" and "waging an aggressive war." The investigation believes that the Kremlin used Yanukovych as the alleged acting head of state to "legitimize the presence of Russian troops in Ukraine and the occupation of part of Ukrainian territory."


Notice how different your version and mine are. Yours - built on propaganda, mine - on historical facts? I would strongly recommend that you stop lying, besides, it is so primitive - all the facts can now be checked very simply

Breathe deeply, you are excited. This is your country, your history and you have to live with it. I think there is nothing wrong with making a coup - if the attempt was successful. This is the case when "winners are not judged." The revolution of 1917 in Russia was also a coup, it was called a revolution later. Yanukovych could not hold on to power, so he is just a loser. Why does Ukraine need a loser president? Even a comedian is better than a loser.

[Dhaniii]

Russia announced a default on foreign obligations!!!

Today something happened that probably no one expected so quickly. As it turned out, not only the army is fake in Russia, but also the financial system and economy. What is your opinion, gentlemen - why did the "super-power" with the "strongest international weight" deflate so quickly? 

in fact Russia has not defaulted on its debts even though the US Treasury blocked the transfer and prevented Russia from using its frozen foreign currency reserves to pay its debts. Russia categorically rejects the idea of ​​defaulting on its debt repayment cases, Kremlin spokesman Dmitry Peskov said. some analysts familiar with say Russia has the means and the ability to pay until May 25.

[kryptqnick]

To be fair, it wasn't Russia who announced the default, and Russia in fact went angry about being classified this way and threatened with legal action. And, even though I'm Ukrainian, I must admit that Russia makes a good point that the issue is not with being unable to pay (not having the money), but with artificial limitations set by the sanctions (not having USD). But what's good is that the very fact of classifying Russia as being under selective default can cause panic selling and withdrawals of investors from the Russian market.

[DrBeer]

To be fair, it wasn't Russia who announced the default, and Russia in fact went angry about being classified this way and threatened with legal action. And, even though I'm Ukrainian, I must admit that Russia makes a good point that the issue is not with being unable to pay (not having the money), but with artificial limitations set by the sanctions (not having USD). But what's good is that the very fact of classifying Russia as being under selective default can cause panic selling and withdrawals of investors from the Russian market.

Regardless of your background, this is no reason to wishful thinking. I explain, and it can be checked. For the calculation of external obligations, so as not to violate contractual relations, are currently open. The only caveat is that they are open in currencies in which contractual obligations are carried out. Those. if Russia was credited in euros - here is an IBAN account for you in euros, if you were credited in dollars - here is an IBAN account for you to pay in dollars. The remaining accounts are blocked, and any receipts are blocked in accordance with the sanctions. So, Russia, instead of properly fulfilling its obligations and paying off the debt in euros, with a payment in euros, decided to turn on the "God mode" again and tell everyone that "and now we will pay our debts in rubles, because we are so decided!". Further explain what happened? I will explain - yes, the rubles, which no one needed, went to other accounts, where they were blocked. To leave then the rubles left, but they did not pay off the debt ... And this is logical. As a result, Western creditors have voiced that what is happening is, in fact, a default. What is wrong here?
Let's put it simply - you came to the supermarket, picked up groceries, and at the checkout you pay for groceries with banknotes that you issued in your family, well, just for fun. Tell me - what will happen to you at the exit after an attempt to close the arisen financial obligations to the supermarket?

[be.open]

To be fair, it wasn't Russia who announced the default, and Russia in fact went angry about being classified this way and threatened with legal action. And, even though I'm Ukrainian, I must admit that Russia makes a good point that the issue is not with being unable to pay (not having the money), but with artificial limitations set by the sanctions (not having USD). But what's good is that the very fact of classifying Russia as being under selective default can cause panic selling and withdrawals of investors from the Russian market.

Regardless of your background, this is no reason to wishful thinking. I explain, and it can be checked. For the calculation of external obligations, so as not to violate contractual relations, are currently open. The only caveat is that they are open in currencies in which contractual obligations are carried out. Those. if Russia was credited in euros - here is an IBAN account for you in euros, if you were credited in dollars - here is an IBAN account for you to pay in dollars. The remaining accounts are blocked, and any receipts are blocked in accordance with the sanctions. So, Russia, instead of properly fulfilling its obligations and paying off the debt in euros, with a payment in euros, decided to turn on the "God mode" again and tell everyone that "and now we will pay our debts in rubles, because we are so decided!". Further explain what happened? I will explain - yes, the rubles, which no one needed, went to other accounts, where they were blocked. To leave then the rubles left, but they did not pay off the debt ... And this is logical. As a result, Western creditors have voiced that what is happening is, in fact, a default. What is wrong here?
Let's put it simply - you came to the supermarket, picked up groceries, and at the checkout you pay for groceries with banknotes that you issued in your family, well, just for fun. Tell me - what will happen to you at the exit after an attempt to close the arisen financial obligations to the supermarket?

You are mistaken. In March, Russia spent several tranches in dollars and euros to service its external debt, under a special license from the US Treasury, and these payments were successfully completed. Then the US Treasury revoked the license, and another payment dated April 4 was blocked by the bank. After that, Russia paid in rubles to a special C-account intended for the conversion of funds. This default, even if declared, is purely technical.

[Gyfts]

Putin "response" is not related to frozen reserves. Putin doesn't need reasons for "shitty response", he can fabricate them himself.
Thinking different means big flaw in one's logic. Just ask yourself: what was first, his attack or the sanctions? And if so, what was the reason for his shitty attack?!

Do not be fooled, if you look at the essence of things, or at least a little deeper than the surface, then at least 80% of the responsibility for the armed conflict between Russia and Ukraine lies with the United States. The United States is the main beneficiary of this conflict, it weakens Russia in one fell swoop, shifts the attention of Americans from internal problems to external ones and, with the imposed sanctions policy, actually destroys a strong competitor in the face of the European Union. In Ukraine, the puppet government after the coup on the Maidan, and deliberately cultivate anti-Russian sentiment in Ukraine, the United States began back in 2004 with the coming to power of Yushchenko. A similar US policy is being pursued in Taiwan towards China.

Taiwan doesn't want the Chinese government to invade them like they did with Hong Kong. The policy isn't as aggressive with Taiwan as the U.S. was with Ukraine. This is obvious because of geographical reasons, Ukraine's ambition to join NATO and such, but the U.S. interest in Taiwan lies within their microchip production. I don't think China would allow puppet government installation in Taiwan but that wouldn't be needed anyways, Taiwan is anti-CCP.

[be.open]

Putin "response" is not related to frozen reserves. Putin doesn't need reasons for "shitty response", he can fabricate them himself.
Thinking different means big flaw in one's logic. Just ask yourself: what was first, his attack or the sanctions? And if so, what was the reason for his shitty attack?!

Do not be fooled, if you look at the essence of things, or at least a little deeper than the surface, then at least 80% of the responsibility for the armed conflict between Russia and Ukraine lies with the United States. The United States is the main beneficiary of this conflict, it weakens Russia in one fell swoop, shifts the attention of Americans from internal problems to external ones and, with the imposed sanctions policy, actually destroys a strong competitor in the face of the European Union. In Ukraine, the puppet government after the coup on the Maidan, and deliberately cultivate anti-Russian sentiment in Ukraine, the United States began back in 2004 with the coming to power of Yushchenko. A similar US policy is being pursued in Taiwan towards China.

Taiwan doesn't want the Chinese government to invade them like they did with Hong Kong. The policy isn't as aggressive with Taiwan as the U.S. was with Ukraine. This is obvious because of geographical reasons, Ukraine's ambition to join NATO and such, but the U.S. interest in Taiwan lies within their microchip production. I don't think China would allow puppet government installation in Taiwan but that wouldn't be needed anyways, Taiwan is anti-CCP.

The situation between China and Taiwan is very different from the situation between Russia and Ukraine. But the US policy is similar as a blueprint. The United States is generally not distinguished by diversity in its foreign policy.

[paxmao]

When Russia has been thrown out of SWIFT system, how they are supposed to pay their debt in USD?? It seems OP has fallen prey of US media manipulation.

Read the actual news here,

https://www.reuters.com/world/europe/russia-will-take-legal-action-if-forced-into-sovereign-debt-default-newspaper-2022-04-10/

Hope it makes sense! Russian government has already made arrangements to repay the debt in Rubble instead of USD. It isn't a default.

There is actually no inconvenient in paying the debt, being out of SWIFT system simply makes automated electronic transactions more difficult, but certainly does not impede payments made in a more traditional way. In the case of the debt, the problem is not being out of the system, is not willing or not being able to actually honour the debt. It is a default, period.

To be fair, it wasn't Russia who announced the default, and Russia in fact went angry about being classified this way and threatened with legal action. And, even though I'm Ukrainian, I must admit that Russia makes a good point that the issue is not with being unable to pay (not having the money), but with artificial limitations set by the sanctions (not having USD). But what's good is that the very fact of classifying Russia as being under selective default can cause panic selling and withdrawals of investors from the Russian market.

Regardless of your background, this is no reason to wishful thinking. I explain, and it can be checked. For the calculation of external obligations, so as not to violate contractual relations, are currently open. The only caveat is that they are open in currencies in which contractual obligations are carried out. Those. if Russia was credited in euros - here is an IBAN account for you in euros, if you were credited in dollars - here is an IBAN account for you to pay in dollars. The remaining accounts are blocked, and any receipts are blocked in accordance with the sanctions. So, Russia, instead of properly fulfilling its obligations and paying off the debt in euros, with a payment in euros, decided to turn on the "God mode" again and tell everyone that "and now we will pay our debts in rubles, because we are so decided!". Further explain what happened? I will explain - yes, the rubles, which no one needed, went to other accounts, where they were blocked. To leave then the rubles left, but they did not pay off the debt ... And this is logical. As a result, Western creditors have voiced that what is happening is, in fact, a default. What is wrong here?
Let's put it simply - you came to the supermarket, picked up groceries, and at the checkout you pay for groceries with banknotes that you issued in your family, well, just for fun. Tell me - what will happen to you at the exit after an attempt to close the arisen financial obligations to the supermarket?

You are mistaken. In March, Russia spent several tranches in dollars and euros to service its external debt, under a special license from the US Treasury, and these payments were successfully completed. Then the US Treasury revoked the license, and another payment dated April 4 was blocked by the bank. After that, Russia paid in rubles to a special C-account intended for the conversion of funds. This default, even if declared, is purely technical.

Well, then for "purely technical reasons" no financial institution is going to "technically be able to buy" Russian debt. It is as simple as that, most funds and institutions and certainly the largest ones have mandates that will not allow them to invest in bond from a country that has defaulted. And make no mistake, Russia is not the one that is able to decide if it has defaulted, that task goes to the S&Ps and Moodys of this world (rating agencies).

Paying in Monopoly money is not accepted except in Monopoly.

So sure, go ahead on the official version of the "denials department" of the "Russian Ministry of Dark Humour and Fantasyland tales", it makes no different whatsoever to all the decision-makers that will not be buying Russian debt in a long long time.

[be.open]

Well, then for "purely technical reasons" no financial institution is going to "technically be able to buy" Russian debt. It is as simple as that, most funds and institutions and certainly the largest ones have mandates that will not allow them to invest in bond from a country that has defaulted. And make no mistake, Russia is not the one that is able to decide if it has defaulted, that task goes to the S&Ps and Moodys of this world (rating agencies).

You are right, regardless of whether the default is technical or real, declaring a default will close the market for foreign borrowing in dollars and euros for Russia. It has already been closed by sanctions, without any default.

[DrBeer]

.....
Breathe deeply, you are excited. This is your country, your history and you have to live with it. I think there is nothing wrong with making a coup - if the attempt was successful. This is the case when "winners are not judged." The revolution of 1917 in Russia was also a coup, it was called a revolution later. Yanukovych could not hold on to power, so he is just a loser. Why does Ukraine need a loser president? Even a comedian is better than a loser.

The expected answer when the conversation moves from the realm of fiction and propaganda to reality and verifiable facts! The main thing is to continue to mumble "it was a coup" No. This is your self-hypnosis, because to the reasoned, verifiable, chronology of the process that took place in Ukraine, you could not oppose anything, except to continue, stupidly, repeat the mantras about the coup Your level of knowledge and dialogue, I understand, did not surprise me, continue on, but already among those where thinking is out of the question