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Originally Posted by JohnBurns


Let bump this on some new news.

Things are getting spicy in the Big Money.


The whole issue is pretty much a moot point since the American government has already seized enough money from Russia to pay the debt.

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Originally Posted by Bristoe
Originally Posted by JohnBurns


Let bump this on some new news.

Things are getting spicy in the Big Money.


The whole issue is pretty much a moot point since the American government has already seized enough money from Russia to pay the debt.


How to tell the class you are not holding Russian debt and don't understand how things work.

The holders of the bonds are not getting any of the dollars the USA has seized and they refuse to be paid in Rubble Rubles.


John Burns

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They can't stop the signal.

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JOHN BURNS. economic genius. Tells us more about bankruptcy lol


Originally Posted by JohnBurns
Originally Posted by Bristoe
Originally Posted by JohnBurns
Let bump this on some new news.

Things are getting spicy in the Big Money.

The whole issue is pretty much a moot point since the American government has already seized enough money from Russia to pay the debt.

How to tell the class you are not holding Russian debt and don't understand how things work.

The holders of the bonds are not getting any of the dollars the USA has seized and they refuse to be paid in Rubble Rubles.

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Originally Posted by ribka
JOHN BURNS. economic genius. Tells us more about bankruptcy lol


Originally Posted by JohnBurns
Originally Posted by Bristoe
Originally Posted by JohnBurns
Let bump this on some new news.

Things are getting spicy in the Big Money.

The whole issue is pretty much a moot point since the American government has already seized enough money from Russia to pay the debt.

How to tell the class you are not holding Russian debt and don't understand how things work.

The holders of the bonds are not getting any of the dollars the USA has seized and they refuse to be paid in Rubble Rubles.

I really want to just put you on blast for being so misinformed but I am trying to be nicer.

When you learn more about the world you find that the article I posted as about currency flowing out of Russia to pay sovereign debt (bonds).

The above article was about currency flowing into Russia through a intermediary bank that converts the dollar/euro to rubles for payment for gas.

Litterally opposite transactions.

As you can see here Russia had to pay early to stay under the waiver instead of trying to force the bond holders to accept Ruble Rubles.

John is Smart according to Reuters

Last edited by JohnBurns; 05/21/22.

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Originally Posted by irfubar
Let me guess... Houston2 has a degree from a prestigious university...




Finance.

Harvard/ Yale.

And don't you forget it.

You fuggin rasxissss.

Lol.


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Originally Posted by local_dirt
Originally Posted by irfubar
Let me guess... Houston2 has a degree from a prestigious university...




Finance.

Harvard/ Yale.

And don't you forget it.

You fuggin rasxissss.

Lol.

Got anymore voyeur pics of unsuspecting women’s asses that you snuck in at the gym ?

Post them up and get another thread going.

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No, those need to go in the Sports Illustrated thread.

LOL.



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Originally Posted by JohnBurns
Originally Posted by Bristoe
Originally Posted by JohnBurns
Let bump this on some new news.

Things are getting spicy in the Big Money.

The whole issue is pretty much a moot point since the American government has already seized enough money from Russia to pay the debt.

How to tell the class you are not holding Russian debt and don't understand how things work.

The holders of the bonds are not getting any of the dollars the USA has seized and they refuse to be paid in Rubble Rubles.

Russian accounts that were frozen by the West were then used to make Russian debt payments.

"Washington imposed harsh sanctions on Russia's central bank in late February, days after the invasion of Ukraine, blocking Americans from engaging in any transactions involving it.

In early March, however, the U.S. Office of Foreign Assets Control (OFAC) authorised transactions for U.S. persons for "the receipt of interest, dividend, or maturity payments in connection with debt or equity" issued by Russia's finance ministry, central bank or wealth fund - an exemption that runs out on May 25."

https://www.reuters.com/world/europ...-eurobond-interest-fulfilled-2022-03-17/

https://www.reuters.com/business/ru...by-jpmorgan-processed-source-2022-03-17/


Originally Posted by 16penny
If you put Taco Bell sauce in your ramen noodles it tastes just like poverty
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It’s pretty obvious why the Chinese are expecting sanctions to be imposed in the next year or three.

“China’s Communist Party will block promotions for senior cadres whose spouses or children hold significant assets abroad, people familiar with the matter said, as Beijing seeks to insulate its top officials from the types of sanctions now being directed at Russia.”

WWIII is already underway. The fact that it is primarily unrestricted rather than military doesn’t change the fact that it is observably underway.

Plan accordingly.
The article is from Vox Day and the quote is from a WSJ article. As the world divides into two systems and the dollar loses its status as reserve currency in the BRICS nations and their associated nations there will be crushing economic pain here in the USA.


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Originally Posted by smokepole
No, those need to go in the Sports Illustrated thread.

LOL.

Good one.

LOL.

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The value of the ruble has doubled since this thread was started. I wonder how many people still stand by their original positions.

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Originally Posted by dassa
The value of the ruble has doubled since this thread was started. I wonder how many people still stand by their original positions.

Thank God that the USA is only 1/20 of a Trillion in. smirk crazy mad


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Originally Posted by Raeford
Originally Posted by dassa
The value of the ruble has doubled since this thread was started. I wonder how many people still stand by their original positions.
Thank God that the USA is only 1/20 of a Trillion in. smirk crazy mad
Are you saying we are only $50 Billion in?


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Originally Posted by Hastings
Originally Posted by Raeford
Originally Posted by dassa
The value of the ruble has doubled since this thread was started. I wonder how many people still stand by their original positions.
Thank God that the USA is only 1/20 of a Trillion in. smirk crazy mad
Are you saying we are only $50 Billion in?

"Reported"


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Originally Posted by dassa
The value of the ruble has doubled since this thread was started. I wonder how many people still stand by their original positions.
Good read here.

https://theconservativetreehouse.co...r-high-against-dollar-despite-sanctions/


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cmon banderite burns explain to us again how poorly the rubble is doing now

At least our stock market and economy is strong and rocking it!!!!!!




Originally Posted by JohnBurns
Originally Posted by Bristoe
Originally Posted by JohnBurns
Let bump this on some new news.

Things are getting spicy in the Big Money.

The whole issue is pretty much a moot point since the American government has already seized enough money from Russia to pay the debt.

How to tell the class you are not holding Russian debt and don't understand how things work.

The holders of the bonds are not getting any of the dollars the USA has seized and they refuse to be paid in Rubble Rubles.

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Originally Posted by Houston_2
US Veterans training Ukraine forces to fight against Putin’s forces.

Rolling Stone


lol. that aged well

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What is the west going to do when Russia rightfully demands its' seized accounts and money returned? At the point of a gun? With the tacit or maybe open support of China and India?


Patriotism (and religion) is the last refuge of a scoundrel.

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Originally Posted by Hastings
What is the west going to do when Russia rightfully demands its' seized accounts and money returned? At the point of a gun? With the tacit or maybe open support of China and India?
Better yet, what is Biden going to do when China, who’s economy is in free fall, demands payment on its $Trillions of dollars loaned to the US?


Give a man a fish and he eats for a day. Give a man a welfare check, a forty ounce malt liquor, a crack pipe, an Obama phone, free health insurance. and some Air Jordan's and he votes Democrat for a lifetime.
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