Home Forums Hunting & Shooting Hunter's Campfire Russia just broke the back of the West

And since the US controls the world currency, they get to invade other nations and kill innocent citizens without repercussions.

Do you really not see how that pisses off the rest of the world? Can you not understand why the rest of the world wants to get out from under that system?

I'm pretty sure Minimum of 2 was perfectly fine with churches being forced to close because their was a bug going around.

LOL

But she's all ready to go to war over a bunch of Euro Trash fighting Euro Trash.

Can't make this schit up.

Let me guess... Houston2 has a degree from a prestigious university...

I feel no sorrow for Mother Russia, at all.
Pretty simple really. Behave, don’t go around invading other nations and killing innocent citizens and you get to keep your assets under your control.

Not hard to understand.

And her best friend is a vibrator.

LOL

How many nations could say the same thing about us?

My best friend was a dead dog.

My best friend was a dead dog.

Condolences.

You should post a pity thread to grab attention.

Capt. Covid was bothered by it.

LOL

^^^Total loser.^^^

US Veterans training Ukraine forces to fight against Putin’s forces.

Rolling Stone

Maybe John Burns and his operators?

Russia goes whining to Turkey over Turkey’s drones sales to the Ukraine.

Reuters

Normalcy bias..... just because it hasn't happened, it will never happen

Through out all of history every fiat currency has failed.... the average lifespan is 50 yrs. we went off the gold standard in 1971.... maybe Houston can do the math?

The American government has opened the border and 18,000 illegals a day are coming in. It has shut down the Keystone oil pipeline and is engaging in practices that will devalue the dollar. It's pushing elementary schools to advocate for transsexualism. It's teaching anti Caucasian critical race theory in high school and college. It has engaged in actions in Ukraine that is threatening to result in a major war. Any dissenting thoughts on these issues are not mentioned by the MSM and are largely censored by the major social media accounts

That's the short list,..and you have no genuine control of it.

How is a traditional, conservative citizen in America supposed to defend *any*thing that is being done by those who currently control the American government?

If the current American government is engaged in it, it's to your detriment.

If, at this late date, you still think you should back the actions of the American government, you're delusional.

You're not a part of it. You're a victim of it.

A conundrum.

April 11 (Reuters) - Russia will take legal action if the West tries to force it to default on its sovereign debt, Finance Minister Anton Siluanov told the pro-Kremlin Izvestia newspaper on Monday, sharpening Moscow's tone in its financial wrestle with the West.

Russia faces its first external sovereign default in more than a century after it made arrangements to make an international bond repayment in roubles last week, even though the payment was due in U.S. dollars. read more

It had been due on April 4 to make a payment of $649 million to holders of two of its sovereign bonds, but the U.S. Treasury blocked the transfer, preventing Russia from using any of its frozen foreign currency reserves to service its debt.

"Of course we will sue, because we have taken all the necessary steps to ensure that investors receive their payments," Siluanov told the newspaper in an interview.

"We will present in court our bills confirming our efforts to pay both in foreign currency and in roubles. It will not be an easy process. We will have to very actively prove our case, despite all the difficulties."

Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said.

Russia attempted to pay in rubles for two dollar-denominated bonds that matured on April 4, S&P said in a note on Friday. The agency said this amounted to a “selective default” because investors are unlikely to be able to convert the rubles into “dollars equivalent to the originally due amounts.”

According to S&P, a selective default is declared when an entity has defaulted on a specific obligation but not its entire debt.

Moscow has a grace period of 30 days from April 4 to make the payments of capital and interest, but S&P said it does not expect it will convert them into dollars given Western sanctions that undermine its “willingness and technical abilities to honor the terms and conditions” of its obligations.

A full foreign currency default would be Russia’s first in more than a century, when Bolshevik leader Vladimir Lenin repudiated bonds issued by the Tsarist government.

Russia cannot access roughly $315 billion of its foreign currency reserves as a result of Western sanctions imposed following its invasion of Ukraine. Until last week, the United States allowed Russia to use some of its frozen assets to pay back certain investors in dollars. But the US Treasury has since blocked the country from accessing its reserves at American banks, part of its effort to ramp up pressure on Russian President Vladimir Putin and further diminish his war chest.