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> I came to the conclusion that russian debt isn't as worthless as I thought. the reason russian bonds is considered worthless is due to politics, not due to t
by chii 4y ago
> I came to the conclusion that russian debt isn't as worthless as I thought.
the reason russian bonds is considered worthless is due to politics, not due to the lack of or capability to pay from the russian gov't.
Politics can change on a dime, but a company's financials isn't gonna improve suddenly without warning tbh.