Russia has got 200bil$ foreign debt!

[Han Patriot]

Russia has got 210bil$ in external debt

World Bank Open Data

Free and open access to global development data

data.worldbank.org

Around 300bil$ Russian reserves are frozen. So there is a 100bil$ shortfall. But don't forget foreign companies own alot of Russian equity and those can be nationalised. Russia had been preparing for this for years.

 

[Hamartia Antidote]

Russia has got 210bil$ in external debt

World Bank Open Data

Free and open access to global development data

data.worldbank.org

Around 300bil$ Russian reserves are frozen. So there is a 100bil$ shortfall. But don't forget foreign companies own alot of Russian equity and those can be nationalised. Russia had been preparing for this for years.

Ah yes default to every country on the planet and nationalize their assets..sounds like a great long-term plan.

Hey Tressler Putin is going to come out with a new version of your book.

 

[Han Patriot]

Ah yes default to every country on the planet..sounds like a great long-term plan.

China will step in with RMB. We have been quietly accumulating gold for 20 years. Chinese foreign debt is 2 tril$, our reserves are 3 tril$, remaining 1 tril$ reserves is diversified into gold and euro. So in times of war, we can nationalise foreign assets to recoup the 1 tril$ shortfall, then create a new digital RMB backed with gold. Now I understand why China does not want reserves more than 4 trillion.

 

[unrequitted_love_suzy]

only to china probably . haha

 

[Han Patriot]

only to china probably . haha

Iran Venezuela central Asians states and BrI countries who accept RMB, China will. Be the conduit

 

[mmr]

Russian currency equal toilet paper lol

Once they Defaults to everyone one else.

 

[MH.Yang]

Ah yes default to every country on the planet and nationalize their assets..sounds like a great long-term plan.

Hey Tressler Putin is going to come out with a new version of your book.

only to china probably . haha

Russian currency equal toilet paper lol

Once they Defaults to everyone one else.

This time, West confiscated the private property of the Russian people, which has first undermined the principle of "inviolability of private property". When necessary, the Chinese govt can certainly confiscate Western factories&Patents&investments in China for the same reason.
China has 70% of the global manufacturing industry, and Russia is the largest resource country. Of course, the west can print dollars to rebuild the supply chain.

 

[Mista]

LOL.

 

[Wood]

Russia can move to nationalize assets from foreign countries, but doing so will make sure that the country becomes a total vassal state of China for the foreseeable future. Even worse than North Korea, no country would invest in Russia even if sanctions are later removed.

Russia as a country should aim to outlive the Putin regime that is responsible for this mess. This type of move will have implications much beyond the immediate horizon.

From the perspective of a Chinese national though, this is a drooling prospect. To have the biggest country on earth as a total vassal state in the same level as North Korea must indeed sound nice

 

[ZeEa5KPul]

Ah yes default to every country on the planet and nationalize their assets..sounds like a great long-term plan.

Hey Tressler Putin is going to come out with a new version of your book.

Hey, it's what America does. What's good for the goose is good for the gander.

 

[StraightEdge]

There's only 1 winner in the Russia-Ukraine war - China. Their CPI is still low, getting gas, oil at rates unimaginable to rest of world. West is busy thinking what should be their next priority, whereas their economy is taking a pounding. India should also carefully play at getting max benefit out of this situation.

 

[Wood]

There's only 1 winner in the Russia-Ukraine war - China. Their CPI is still low, getting gas, oil at rates unimaginable to rest of world. West is busy thinking what should be their next priority, whereas their economy is taking a pounding. India should also carefully play at getting max benefit out of this situation.

China will win if Putin manages to prevail against all odds stacked against him. If Putin falls as an aftermath of this operation, then a successor will likely be pro western. This would be a big strategic set back for China as Russia is their only major ally against the west.

The sanctions that have been imposed on Russia will take a couple of years to have real effect on the economy. So we will have to wait to see if they are sustained that long. Let's not be in a haste to predict the future

 

[StraightEdge]

China will win if Putin manages to prevail against all odds stacked against him. If Putin falls as an aftermath of this operation, then a successor will likely be pro western. This would be a big strategic set back for China as Russia is their only major ally against the west.

The sanctions that have been imposed on Russia will take a couple of years to have real effect on the economy. So we will have to wait to see if they are sustained that long. Let's not be in a haste to predict the future

That's extremely unlikely, with all military and top officials being hand-picked by Putin. On top Russia media constantly reports negative stuff about west, so the public opinion is never going to be pro-west. Moreover the last pro-west president was Boris Yeltsin, who is considered probably the worst politician in Russian history. The chances of pro-west is very minimal IMO.

Also Yeltsin was responsible for bombing the Russian parliament - Yeltsin Shelled Russian Parliament 25 Years Ago, U.S. Praised “Superb Handling” | National Security Archive (gwu.edu)

 

[Wood]

That's extremely unlikely, with all military and top officials being hand-picked by Putin. On top Russia media constantly reports negative stuff about west, so the public opinion is never going to be pro-west. Moreover the last pro-west president was Boris Yeltsin, who is considered probably the worst politician in Russian history. The chances of pro-west is very minimal IMO.

Back in 2014, anti - Putin Russian think tanks postulated that Russian people's opinion will change if they are broadcast unadulterated news for 6 weeks straight. Most of these people are fed state news 24x7. Even today, Russians who have more access to social media are the only ones who are protesting alongside the political opposition to Putin.

Secondly, I said that should Putin fall as an aftermath of this operation - means Putin's fall from grace has to be directly because of this event. In such a case, you can logically assume that all cronies appointed by Putin would go along with him.

 

[Hamartia Antidote]

Hey, it's what America does. What's good for the goose is good for the gander.

We don't nationalize foreign companies. We may freeze their assets but we dont sell off their stuff.

Even Venezuelan majority owned Citgo is still open for business here even though they nationalized our companies there.

Station Locator

www.citgo.com