Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said.
  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
    66·
    3 years ago

    Yeah pretty sure that’s not how a default works in legal terms. Seems to me that it’s western banks defaulting by failing to pay out the assets that they hold for Russia.

    • The_Monocle_Debacle
      53·
      3 years ago

      Stealing from someone and then claiming they owe you money that you’ve already stolen is some peak western bullshit