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> It's not sustainable in the long term, but that term is actually quite long. I'm not so sure about that. There were a bunch of news outlets warning that Gazp

> It's not sustainable in the long term, but that term is actually quite long. I'm not so sure about that. There were a bunch of news outlets warning that Gazprom is on the brink of a massive default. Gazprom, of all companies. If the company that subsidizes Russia's ruling regime can't make their payments in spite of sitting on a huge pile of oil and gas, that does not bode well for Russia's economy.

deleted 4y ago
[deleted]
YarickR2 4y ago
That bunch of news outlets was/is feeding their clients bullshit
- thelittleone 4y ago
  Can share some sources for this? Genuinely curious.
dmatech 4y ago
A default that is only due to sanctions preventing repayment of debts isn't really a meaningful default.
- simonh 4y ago
  In some ways yes, but in practical terms it means they’re locked out of the credit markets and are going to have huge difficulty paying international suppliers. Even the ones willing to deal with them despite sanctions.