ecolime:

They are simply telling all their creditors they have more than enough money to service their debts. But US has frozen the money, so dont disturb us. Tell the US to unfreeze it

Russia is right on this one IMO. It's an artificial default.. lol

This guy's level of madness na grade 1.

BTW, Ukraine has accepted to be a neutral state so why prolong the war again?

They're yet to agree to let Donnesk and Lugansk be on their own.

Sanchez01:

They will seize the living nonsense from Russia. Just wait and let their lenders declare them as a defaulter.

America is not IMF or World bank
Russia have not committed any financial crime or monetary malpractice to warrant sanctions against their reserves thus making those sanctions useless..
Just watch as events unfold and learn a thing or two about how manipulative and oppressive ur masters, US are

Sanchez01:

Justifying? Because I explained what they used the printed $3 trillion for? For the record more than 80% of the USD is outside the United States.


I know where you are headed already but you are grossly mistaken. Printing more money isn't the problem. The question, is what would the monies be used for? The US printed to invest bonds and make businesses and business owners borrow more. Nigeria, on the other hand, printed to pay state governments and worse, WE SPENT N58.6b to print a meagre N2b! You don't print notes to circulate just because the economy is bad.


ALL of you PUTIN BOYS have one thing in common and it is the fact that you don't understand what you argue or fight over but still fight anyways. Even if Putin prints Russian Rubles that can fill the whole of Russia, he can't pay with them because Russia's bond was denominated in Dollars. Attempting to pay in Ruble is automatic default. You're supposed to know this but no, you embody the classic PUTIN BOYS.

All the best.

who is a Putin Boy,, i am pointing it out to you that what ever reason you think you have to justify printing more Dollars, Any other county can as well do it. Nigeria printed for a reason, and if need be Russia will print, weather you feel its right or wrong its nobody's concern. I am just against hypocrisy in whatever form. you think its only Russia that is being affected by the impact of the sanctions.

if they cant pay the bonds in Rubbles, they will wait till the sanction is over.. Abi tell me what will they do ?

helpee:
The dollar is actually backed by nothing. It is just speculatory . The Americans print dollars at will backed by nothing. If the world and when the world dumps the use of dollars as the world's currency, American dollar won't be among the first ten.

Your hate for America has overshadowed your ability to think critically.. Wallow in your ignorance

Sure

Sanchez01:

You just need to look for your economics teacher and hunt him/her down.

This frozen asset is as a result of a sanction. I'm sure you know what that means? Just as a sovereign government can stroll into another and start wreaking havoc is the same way another can sit on your resources/treasury in their land.

Re-read what you've written, take your time, go online and read more materials on nations, sanctions, debts and assets. Then come back for a sound argument and not this that looks like one cooked up fantasy in game house.

I hope this is not part of the explanations you were bragging about? When America strolled into Grenada on october 25, 1983 and killed civilians, bombed hospitals because they believed the regime was supported by Russia and Russia could use Grenada to invade america, who sanctioned them? The united nations voted against the illegal invasion by 109 to 8 yet civilians were bombed and regime changed. Who penalised them? Maybe you don't know... most of those debts are meant for the Americans and the Europeans and perhaps Chinese. So let them tell their govt to pay them from Russian money otherwise they should collect rubbles

Some of the bondholders are USA institutions; they would have factored the interest payment into their budget and cashflow analysis for the year. Inability to collect this funds will have significant impact on this intuitions and they might have to seek for alternative expensive funds. They might put pressure on the USA government if they are unable to meet other obligations because of this.

HitRun:


This man is a comedian. Wetin concern US for the matter?

You owe Mr. X.

Mr. X wants his money, you now give MR. X a check he cannot cash.

Who Mr. X go hold? You abi the bank wey seize d money?

If a bank seize your money, it is as good as you not having money.

Which one is asking Mr. X to go and collect d money from d bank? Na bank Mr. X borrow money abi na you?

Frankiss44:


Your hate for America has overshadowed your ability to think critically.. Wallow in your ignorance

I am typing this from los Angeles and I was in Russia for the world cup. I love both countries. It is 3.57 am here in LA so I have a balanced view of the world unlike you

Jeromejnr:


You didn't read the post. It's obvious.


Back to the topic: Putin really prepare for these guys o

You too didn't understand the post after reading it

Sanchez01:

And you're still peddling this ignorance?! Dude!

Kindly explain to me the ignorance, i want to learn.

helpee:
I am typing this from los Angeles and I was in Russia for the world cup. I love both countries. It is 3.57 am here in LA so I have a balanced view of the world unlike you

That's the issue with you guys.. You hate the US so much and hype these communist countries.. But when it comes to greener pastures, you all will die to get the America visa

donbrowser:


Mumu of the century lol.

You have 10 million naira in your account
EFCC freeze your account. They took you to court and judge ask you to pay 2 million naira for bail. Will you tell the court to unfreeze your account first or look for another money?

According to ur story,US is the efcc of the universe yea?

donbrowser:


They will lose a lot of money paying through ruble. Imagine getting a debt at 400/$ and you're willing to pay it at 600/$

That's wassup with rubble now.

That is nobody's concern. They have offered to pay in Rubble, weather it favors them or not is left to both the Russian Government and its creditors. Nigeria is also paying loans it got when Naira was at 200 per dollar and naira is currently hovering around 400+ official rate

sosanova:




.



Putin is a real confused comedian, him and his team know nothing about Economics.
The sanctions has affected their sense of reasoning.
US really fucckked Russia up economically , psychologically and financially

https://www.reuters.com/business/finance/russia-rouble-payment-usd-coupons-would-be-sovereign-default-fitch-2022-03-15/

They are not paying in RUbles that was previous speculations

helpee:
I am typing this from los Angeles and I was in Russia for the world cup. I love both countries. It is 3.57 am here in LA so I have a balanced view of the world unlike you

Keep quiet please, you are ignorant on the topic being discussed.

You don't have a point at all, Osama traveled, lived and enjoyed USA but that doesn't stop him from carrying how those acts against USA.
Muhammad(that guy that failed in his terrorist attack) is a citizen of USA(if I am not wrong), but he qlmost attacked the USA, and many others.

I actually blamed the other guy for prolonging the argument with you.

uniquetechng:
You too didn't understand the post after reading it

Yeah right

BabaIbo:

Keep quiet please, you are ignorant on the topic being discussed.

You don't have a point at all, Osama traveled, lived and enjoyed USA but that doesn't stop him from carrying how those acts against USA.
Muhammad(that guy that failed in his terrorist attack) is a citizen of USA(if I am not wrong), but he qlmost attacked the USA, and many others.

I actually blamed the other guy for prolonging the argument with you.

I don't argue from a point of sentiment.. I could see your intelligence can't go beyond this point. You can resume discussing NURTW crisis. That will be a better fit for you

Best explanation so far

2016easy2017:



Let me explain or simplify.

Russia made proposed payment for debt funds long before the war( like issuing a postdated cheque) but it was unknown to bond share owners. Russia knew that was gonna happen. So, it got the bond liabilities on the bond share holder countries and individuals of which Westerners Carr the most. So what the US and the west sanctioned is actually the dividends belonging to the bond share holders. Though some portion belongs to Russia but it's negligible

shogz89:
That is nobody's concern. They have offered to pay in Rubble, weather it favors them or not is left to both the Russian Government and its creditors. Nigeria is also paying loans it got when Naira was at 200 per dollar and naira is currently hovering around 400+ official rate

Na here we go dey

Russia is finished!

Frankiss44:


That's the issue with you guys.. You hate the US so much and hype these communist countries.. But when it comes to greener pastures, you all will die to get the America visa

There is nothing greener about hypocrisy. It shows we love USA. Only Friends criticises objectively. Fake friends like you are the real enemies. You see the truth but you are so scared of saying it because of what you will eat

Oddfinder:

According to ur story,US is the efcc of the universe yea?

In this case

shogz89:
who is a Putin Boy,, i am pointing it out to you that what ever reason you think you have to justify printing more Dollars, Any other county can as well do it. Nigeria printed for a reason, and if need be Russia will print, weather you feel its right or wrong its nobody's concern. I am just against hypocrisy in whatever form. you think its only Russia that is being affected by the impact of the sanctions.

if they cant pay the bonds in Rubbles, they will wait till the sanction is over.. Abi tell me what will they do ?

If Russia is unable to pay in Dollars, they will default without a doubt and that means their assets whether in Russia or outside of Russia will be seized on the spot and become the temporal assets of the lenders/investors.

You still don't understand why Russia is running helter skelter over this and it's strange that you don't understand what a sovereign default is capable of unleashing on any nation.

Triangles1:
They should stop, no any amount of problem facing Ukraine and Russia can be compared with the hardship in Africa.

There's war here on daily basis from our leaders.

The war is getting boring to me, even Namdi kanu and Sunday igboo was more interested than this noise maker Putin and Biden.

Your hatred will consume you

how will the USA government deal with the USA institutional investors that are expecting payment.

Dmacqh:
This is a thread you can’t find those clown chasers and tribal bigots .
Thread for the brainy not for selfie addicts .

It’s a power game .
The lender does not need to know why you can’t service your debt . All he cares is for you to pay your debt at the right time .
It’s left for you to source it and repay your debt as at when due .
In this case , Russia wants to play smart . The lenders has no business with the sanctions or US . They need their money from the borrower ( Russia ) .
Whatsoever way , Russia get fund to pay them isn’t their concern .

Asking US and the West to unfreeze their external reserve of $300b so they can honor the bond of $177m they have drawn from it , knowing their external reserve is banned from their use isn’t smart but stupidity.

Bank freezes your account on the order of EFCC , now you gave out a Cheque to your creditor with same account , telling him or her to meet EFCC so they can allow him/her access the fund in your account .. wtf .

And to those shouting US have debt more than Russia ..lol .
As I am , I owe my caretaker #20,000 , but GTB are owing Innoson about $2.2b , doesn’t it mean I’m richer than GTCo or GTB ?

shogz89:
Kindly explain to me the ignorance, i want to learn.

You have been claiming Russia can easily print Ruble and pay their creditors easily but that is impossible. They signed a deal and Russia decided it would pay in USD in the contract. This means anything short of the Dollar is default. It is ignorance to think Russia can print Russian Rubles (monies) and take them in million bags to their creditors. The bond is denominated in Dollars. They must pay back in Dollars, nothing more, nothing less.

Sanchez01:

If Russia is unable to pay in Dollars, they will default without a doubt and that means their assets whether in Russia or outside of Russia will be seized on the spot and become the temporal assets of the lenders/investors.

You still don't understand why Russia is running helter skelter over this and it's strange that you don't understand what a sovereign default is capable of unleashing on any nation.

How? This guy is just spewing rubbish. All the assets are seized already... even the one belonging to oligarchs... private citizens. What assest do you now want to seize again.? Rather it is Russia than can nationalise companies like macdonald. Already, Russia already told airlines not to return planes they leased. They should be flying it for free for now. You want to take over assets you have already taken over?

helpee:
I don't argue from a point of sentiment.. I could see your intelligence can't go beyond this point. You can resume discussing NURTW crisis. That will be a better fit for you

Like I said, you don't have a point.
What does living in USA and going to Russia for world cup has to do with this discussion?
You were trying to show that since you live there, you can't hate them or you understand them.

You hate something but you can't do without it.

Why don't you travel to and live in Iran, Venezuela, North Korea, Russia, Afghanistan, Belarus and co, why USA?

Are we even sure it's not the usual Nairaland faceless people bragging?

Like I said earlier, you don't have any thing reasonable to say regarding this topic/matter.

Some of those NURTW members are way more fortunate than you in every aspect of life.
I have things to do please, so fu ck off!

Putin Fan Bots have taken the crown from Buhari Zombies

And most time, they are one and same

Reading everything this thread destroyed some of my brain cells

Oddfinder:

America is not IMF or World bank
Russia have not committed any financial crime or monetary malpractice to warrant sanctions against their reserves thus making those sanctions useless..
Just watch as events unfold and learn a thing or two about how manipulative and oppressive ur masters, US are

Russia's external reserve is hidden away in the United States. The United States sanctioned Russia and froze its external reserve, meaning Russia's $300 billion is not theirs at the moment. In theory, Russia has $300 billion external reserve in the United States. Technically, Russia is semi broke.

The United States does not need to be the IMF or World Bank to sanction a war mongering country.

sapientia:
Putin Fan Bots have taken the crown from Buhari Zombies

And most time, they are one and same

Reading everything this thread destroyed some of my brain cells

BMC's are better than Putin bots. These ones are mentally lazy to think for a minute. All they know or want to believe is that Russia will win against the United States. Finance, economy, sanctions, international relations and economic wars are too much for them to comprehend. It's exhausting.

This man is funny.
Admitted, you have money in the bank. But can't access it due to the ban placed on ur account let's say by EFCC.
However, the person you're owing wants his money now.

So you tell him to go collect from the bank?
Or you look for where to borrow and pay him

BabaIbo:


Like I said, you don't have a point.
What does living in USA and going to Russia for world cup has to do with this discussion?
You were trying to show that since you live there, you can't hate them or you understand them.

You hate something but you can't do without it.

Why don't you travel to and live in Iran, Venezuela, North Korea, Russia, Afghanistan, Belarus and co, why USA?

Are we even sure it's not the usual Nairaland faceless people bragging?

Like I said earlier, you don't have any thing reasonable to say regarding this topic/matter.

Some of those NURTW members are way more fortunate than you in every aspect of life.
I have things to do please, so fu ck off!

If you are half as intelligent as I assumed, you will know that all the countries you mentioned above are under USA sanction. They destroy countries for personal interest. You are so naive so you won't know that Venezuela was once the second richest country in the world till the almighty USA sanctioned it. I've been to more than 70 countries in the world.... does that mean I can't do without all of them.. I've been to china more than I've been to USA and who told you I live in USA? Like I said, you are not even as intelligent as I assumed. If killing people to take over Garrage is what makes NURTW to be more fortunate, I refused to be as fortunate as they are. I don't need that kind of money. It shows your mentality. Just get the money anyhow.... wether america is killing people in the middle east or NURTW is killing to take over Garrage .... they are fortunate. Such an unfortunate citizen we have in this country is what you are