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Technically the West defaulted on Russia's debt by seizing Russian assets and blocking their use of Swift. Russia delivered the obligation of its debt payments

Technically the West defaulted on Russia's debt by seizing Russian assets and blocking their use of Swift. Russia delivered the obligation of its debt payments to the West and the creditors had their assets stolen by Western governments who continue to withhold the payments.

t6jvcereio 4y ago
Right, and this is a good thing. We can't let them think they can get away with invading Europe just because they can afford their debts. Power doesn't come only in the form of tanks.
- ElectricalUnion 4y ago
  > Right, and this is a good thing. We can't let them think they can get away with invading Europe just because they can afford their debts. Power doesn't come only in the form of tanks. By this same logic then we can't let the US get away with invading the rest of the world just because they can afford their debts.
  - t6jvcereio 4y ago
    > By this same logic then we can't let the US get away with invading the rest of the world just because they can afford their debts. How do you know someone eats up Russian propaganda? Easy, when you tell them "Russia did a bad thing", their response is "the USA also did bad things".
    - selivanovp 4y ago
      How do you know someone eats up USA propaganda? Easy, when you tell them “USA did a bad thing”, their response is: we’re the good guys, we’re exceptional, so we can do whatever we want to do, but you must do what we told you.
    - ghostwriter 4y ago
      > How do you know someone eats up Russian propaganda? "Rules for thee but not for me". Consider that they might just be trying to understand your code of values and whether you're capable of walking the walk according to the same moral principle that you're so eagerly preaching them with. Has justice been done to the past victims of the US aggression? Has punishment reached their perpetrators?
- cudgy 4y ago
  So, when the US invades Somalia, they are invading Africa? Or invading Iraq was invading the middle east? Or invading Vietnam or Korea was invading Asia? Don’t you think that is a massive exaggeration?
- deleted 4y ago
  [deleted]
- MrRiddle 4y ago
  [flagged]
  - t6jvcereio 4y ago
    [flagged]
xiphias2 4y ago
The most interesting part I see in the comments is the amount of disrespect for US following the justice system for seizing assets of a country that US is not in war with officially. It took many years of hard work of hundres of millions of people (who don't want war) to create foreign reserves. I'm sure Chinese goverment (and other governments with huge foreign reserves) took notice, and plan to dump their positions as quietly as they can.
mzs 4y ago
That is not it at all, this last payment was about $100m and Russia as of the 17th* had $582b in reserves of foreign currency on hand in Russia proper. They chose not to deplete that instead preferring to use accounts outside of Russia or to make the payment in rubles. * https://www.cbr.ru/eng/hd_base/mrrf/mrrf_7d/ https://www.cbr.ru/eng/hd_base/mrrf/mrrf_7d/
decebalus1 4y ago
I think you have a fundamental flaw in understanding what 'stolen' means. Examples of stealing: - https://www.bbc.com/news/61790625 https://www.bbc.com/news/61790625 - https://www.businessinsider.com/russian-troops-locked-out-of-stolen-john-deere-farm-equipment-2022-5 https://www.businessinsider.com/russian-troops-locked-out-of... - https://www.themoscowtimes.com/2022/05/26/russian-soldiers-send-home-58-tons-of-looted-items-from-ukraine-investigation-a77811 https://www.themoscowtimes.com/2022/05/26/russian-soldiers-s... Freezing/confiscating assets have been done under the judicial system. I understand that within a barbarian hoard there is also a judicial system or a system of values which state that anything goes during a war, but if that's the case, then why doesn't that apply to the 'west'? Putler said this was a war with the 'west', right?

t6jvcereio 4y ago

Right, and this is a good thing. We can't let them think they can get away with invading Europe just because they can afford their debts. Power doesn't come only in the form of tanks.

ElectricalUnion 4y ago
> Right, and this is a good thing. We can't let them think they can get away with invading Europe just because they can afford their debts. Power doesn't come only in the form of tanks. By this same logic then we can't let the US get away with invading the rest of the world just because they can afford their debts.
- t6jvcereio 4y ago
  > By this same logic then we can't let the US get away with invading the rest of the world just because they can afford their debts. How do you know someone eats up Russian propaganda? Easy, when you tell them "Russia did a bad thing", their response is "the USA also did bad things".
  - selivanovp 4y ago
    How do you know someone eats up USA propaganda? Easy, when you tell them “USA did a bad thing”, their response is: we’re the good guys, we’re exceptional, so we can do whatever we want to do, but you must do what we told you.
  - ghostwriter 4y ago
    > How do you know someone eats up Russian propaganda? "Rules for thee but not for me". Consider that they might just be trying to understand your code of values and whether you're capable of walking the walk according to the same moral principle that you're so eagerly preaching them with. Has justice been done to the past victims of the US aggression? Has punishment reached their perpetrators?
cudgy 4y ago
So, when the US invades Somalia, they are invading Africa? Or invading Iraq was invading the middle east? Or invading Vietnam or Korea was invading Asia? Don’t you think that is a massive exaggeration?
deleted 4y ago
[deleted]
MrRiddle 4y ago
[flagged]
- t6jvcereio 4y ago
  [flagged]

xiphias2 4y ago

The most interesting part I see in the comments is the amount of disrespect for US following the justice system for seizing assets of a country that US is not in war with officially. It took many years of hard work of hundres of millions of people (who don't want war) to create foreign reserves. I'm sure Chinese goverment (and other governments with huge foreign reserves) took notice, and plan to dump their positions as quietly as they can.

mzs 4y ago

That is not it at all, this last payment was about $100m and Russia as of the 17th* had $582b in reserves of foreign currency on hand in Russia proper. They chose not to deplete that instead preferring to use accounts outside of Russia or to make the payment in rubles. * https://www.cbr.ru/eng/hd_base/mrrf/mrrf_7d/ https://www.cbr.ru/eng/hd_base/mrrf/mrrf_7d/

decebalus1 4y ago

I think you have a fundamental flaw in understanding what 'stolen' means. Examples of stealing: - https://www.bbc.com/news/61790625 https://www.bbc.com/news/61790625 - https://www.businessinsider.com/russian-troops-locked-out-of-stolen-john-deere-farm-equipment-2022-5 https://www.businessinsider.com/russian-troops-locked-out-of... - https://www.themoscowtimes.com/2022/05/26/russian-soldiers-send-home-58-tons-of-looted-items-from-ukraine-investigation-a77811 https://www.themoscowtimes.com/2022/05/26/russian-soldiers-s... Freezing/confiscating assets have been done under the judicial system. I understand that within a barbarian hoard there is also a judicial system or a system of values which state that anything goes during a war, but if that's the case, then why doesn't that apply to the 'west'? Putler said this was a war with the 'west', right?