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So Russia could have paid in Dollars as contractually agreed, because they could have exchanged Rubles for dollars at good rate on MOEX. But they chose not to because of sanctions freezing other assets.
Let me repeat it again Western governments has frozen Russian foreign reserves worth $300bl which were held in US Treasuries and other bonds. Technically they defaulted on their obligations.

So Russians done the same thing they have frozen all the money they owed to foreigners - bonds and money owed by Russian private banks to Western international banks. Russian foreign debt is about $400bl.

The idea is you dont get your money back, until we get our money back.

Let me tell you what bankers don't care about. Somebody else's problems. They do however care about being paid. War, peace, alien invasion. This makes no difference to them.
So what? Russians wont be able to borrow from Western banks any longer? They are not allowed to borrow anyway. Thats what newly imposed Western sanctions are all about...

Oh and by they way, Inflation and price increases have done more to reduce the buying power of the Rouble than the ostensible recovery of the Rouble to almost pre war levels on MOEX. By the way, the Rouble isn't trading at that rate elsewhere.
USD/RUB is 77 on Forex and falling. Forex will follow Moex as later has much bigger volumes.

More of this is going to start sinking in as the ability of Russia to control the narrative internally by continuous lies starts to fail. They will, of course, switch to new lies about why this is happening. Oddly in this case they may choose to resort to a half truth about it being the "Wests" fault.
You are the one lying about Russian being destroyed. So far there are no signs of it. Your plan for trade blocade has failed misserably as China and other countries has stated repeatedly they will maintain trade relations with Russia and even going to boost the mutual trade. Your plan for massive devaluation of Rouble by freezing Russian foreign reserves has failed as well as Russians refused to pay off their foreign debts and switched to Rouble in foreign trade.

So you keep on dreaming about Russian economy collapsing...
 
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I see you joined today and already getting comfy with 22 solid russia-stronk replies in this thread alone. Welcome to MilitaryImages.net! Feel free to introduce yourself but I can’t shake this hunch we have already met you.

Déjà vu...
There used to be a hal9000 on one of the old sites, probably same dude, can't rememeber him well though.
Go to introductions Hal, lettuce no if you are same guy.
"I'm feeling better Devils Child"
 

The eastern city of Kramatorsk was one of the first places to be targeted by the Russian military when the invasion of Ukraine was launched on February 24. Ihnatchenko said Ukrainians had been using the train station since late February to evacuate the region.
"The Russians knew that thousands of people are there (at the train station) every day," she said.
Two missiles struck the station, according to the head of Ukraine's national rail system, Oleksandr Kamyshin. Pavlo Kyrylenko, the head of Donetsk regional military administration, said the Russian military used Iskander short-range ballistic missiles.

CNN Chief International Anchor Christiane Amanpour said the attack was reminiscent of one on a marketplace in Sarajevo during the war in Bosnia, where "ordinary civilians were massacred as they just went about their business."

Pavlo Kyrylenko isn't a Russian stooge by the way.
The Ukrainian Governor for Donetsk Oblast.
 
Let me repeat it again Western governments has frozen Russian foreign reseves worth $300bl which were held in US Treasuries and other bonds. Technically they defaulted on their obligations.

So Russians done the same thing they have frozen all the money they owed to foreigners - bonds and money owed by Russian private banks to Western international banks. Russian foreign debt is about $400bl.

The idea is you dont get your money back, until we get our money back.


So what? Russians wont be able to borrow from Western banks any longer? They are not allowed to borrow anyway. Thats what Western sanctions are all about...


USD/RUB is 77 on Forex and falling. Forex will follow Moex as later has much bigger volumes.


You are the one lying about Russian being destroyed. So far there are no signs of it. Your plan for trade blocade has failed misserably as China and other countries has stated repeatedly they will maintain trade relations with Russia and even going to boost the mutual trade. Your plan for massive devaluation of Rouble by freezing Russian foreign reserves has failed as well as Russians refused to pay off their foreign debts and switched to Rouble in foreign trade.

So you keep on dreaming about Russian economy collapsing...


Yeah, you don't understand how this works. Or what has actually happened.

Russia sent a payment for the bond headed for default, but in Roubles, which is not contractually allowed on this bond. Why not in dollars, which they apparently could have done. No, this bond is headed for default. Unless Russia pulls another patented flipflop and sends dollars.

The danger isn't to Russia being able to access new borrowing while sanctions are in place. The danger is for after this all ends. Again, banks absolutely do not care about somebody else's problems. They definitely care about not getting their money.

And why would Russia borrow from banks again in the future? For the exact same reasons they did in the past.

And the Russian plan for their economy is that China will be a great friend? Yeah, let me know how that works out. Best of luck to you. The history of Russia-Chinese relations indicates there should be no problems there. At least the history books printed in Russia this week.

I am not dreaming about the Russian economy collapsing. I have seen that movie before, more than once. I don't actually want to see it again.

Also may want to just write off all assets held outside Russia right now. They are all going to be sent to Ukraine for rebuilding after the courts sort out the responsibility for this insane and murderous invasion.

Western companies have basically already started writing off all of their assets inside Russia. These write offs are already being priced into their stocks, and have also started showing up in their reports. I don't think most of them will be back either.

Might want to start studying the Chinese language. Could get you a good job in 5 years.
 
So you keep on dreaming about Russian economy collapsing...
10-15% fall of GDP this year followed by another year of recession or stagnation in combination with depleted reserves and high inflation and systematic failure of key industries is as close to an economic collapse as a country can get. All of that with the energy sector untouched and very high prices for all Russian export goods.

Just to put things into perspective, Russian economy only this year should have recovered from the laughable sanctions imposed in 2014. That took 8 years....imagine how long would that take now.
 
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What a surprise.Mil-smile01
The far-right is inside the Kremlin's pocket and/or is in awe of the anti-gay and nationalistic policies, while the far-left is so deluded in it's self-hate of the west that is willing to support anyone against it while the older still have some sentiment left towards Russia for Soviet times sake.
 
Side note regarding the "for the children" written on the side of the Tochka-U. It appears to be a slogan widely used by Azov as early as 2016:

4f3e.webp


Also, Zelensky's address to the Greek parliament received a rather "mixed" welcome:


*wait... Azov are neo-nazis?
 
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is this legitimate or just a propaganda dog and pony show? is it possible for something like this to be viable and combat effective? would these guys be outside the protection of the law, or would they need to renounce Russian citizenship and take on Ukrainian?
if these guys are legitimate, its not hard to feel for them and their predicament. no moral person wants to find out that they are fighting and killing for an illegitimate cause.
 
This map shows the most probable moves of the Russian troops to encircle the Ukrainian army in the East.

lPjSONX.webp
 

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