it will be tied up in courts for years. it's much like my bank saying I was late on my mortgage after making it impossible for me to pay for the sole purpose of showing I was late on payment.
RUSSIA DEFAULTS ON DEBT
- Thread starter evince
- Start date
it will be tied up in courts for years. it's much like my bank saying I was late on my mortgage after making it impossible for me to pay for the sole purpose of showing I was late on payment.
floridafan
Verified User
Just what asterisk are you referring to? Russia is required to pay their debt in dollars, and they cant. Its as simple as that.
Monad Portal
Was it me?
floridafan
Verified User
The agreement called for payment in dollars, Russia does not have dollars. Its called playing hardball with a country that chose to start a war.
SmarterthanYou
rebel
are you trying to tell the board that you can't remember things you post after a day?
evince
Truthmatters
No idiot I’m telling you to back your claims with facts
Something like this
https://www.nbcnews.com/business/co...hits-record-high-data-stats-details-rcna23654
Inflation hits 40-year high of 8.5 percent due to war in Ukraine, rent hikes
Gas prices jumped 48 percent year-over-year, the BLS said.
I think the American people are willing to scarafice a little to keep Russia from raping and burning babies in Ukraine
Something like this
https://www.nbcnews.com/business/co...hits-record-high-data-stats-details-rcna23654
Inflation hits 40-year high of 8.5 percent due to war in Ukraine, rent hikes
Gas prices jumped 48 percent year-over-year, the BLS said.
I think the American people are willing to scarafice a little to keep Russia from raping and burning babies in Ukraine
SmarterthanYou
rebel
horrible attempt at deflection..................did you not say that governments cannot default on their debts?
evince
Truthmatters
Let’s see the post you are talking about
Does it refer to foreign debt?
Are you being “creative” groomsman?
evince
Truthmatters
Biden did not start this Putin started war
Biden did not create this derth of housing
A housing imbalance takes years to develop
SmarterthanYou
rebel
I'll ask again, do you not remember the things you post on here? others remember what you said...........
evince
Truthmatters
Do you remember every fucking post you made here for 15 years?
Go get the post you claim exists you fucking tool
evince
Truthmatters
evince
Truthmatters
SmarterthanYou
rebel
not verbatim, but I do remember all of the important things i've said. are you then saying that you are deficient in your memory retention?
evince
Truthmatters
So you gonna list the claimed post or not you stupid fucking racist groomsman?
Into the Night
Verified User
Democrats, actually. A lot of Republicans too (especially RINOs).
It won't be a debt crash. It will be a cash crash. The government has chosen to pay off its debts with funny money printed more and more. The dollar is falling in value because of it. This is the direct cause of the high inflation rate you see now.
It is the direct cause of higher fuel prices. Limiting fuel production is another. That cascades through every product.
The Federal Reserve is keeping interest rates artificially low. They are trying to stimulate the economy by making money easier to obtain. It won't work. The money is just printed to sustain the whole party.
It will be a cash crash, not a debt crash.
China will descend into civil war. There is no turning back now. All those people welded into their apartments and shouting out the windows? That's an army, dude. An army against the government. No amount of regular troops can defend against what the government itself has created. It's only a matter of time.
Putin's war with Ukraine ain't going so well. It's not the pushover he thought it was going to be. Further, more and more nations are allying against Russia. There is still a potential of WW3.
War is expensive. The Oligarchy cannot fight it. They are broke. The only way at all is to print MORE money to pay for it. Hyperinflation. The dollar will be abandoned. The government can't stop it now.
It will be a cash crash. Worse, it will be a cash crash worldwide. The world has never been here before, with most every nation on fiat currency. It's a race to the bottom. The winner loses first.
Into the Night
Verified User
The U.S. has not defaulted on any debt or bond.
Into the Night
Verified User
Fake News. CNN has been pushing this bit of fiction for years.
Into the Night
Verified User
Fascism is not any corporation. Fascism is government manipulation of markets.
Corporate welfare comes from government. Yes. That is fascism when it happens.
Came from government. Yes. That was fascism.
Heed your own advice. Inversion fallacy.