Russia has the ability to pay their debts. Yet the US Govt is creating a fake default.
This is just creating more reasons to exit USD assets and push other countries towards other currencies. https://t.co/kWU4ZrlBIH
— Wall Street Silver (@WallStreetSilv) April 5, 2022
The US blocks Russia from making a $600 million bond payment as it ramps up the pressure on Moscow
US has effectively stopped Russia from paying holders of its sovereign debt in excess of $600m from frozen reserves held in US banks.
Who is this ultimately going to hurt?
The creditors or Russia?
— The Sirius Report (@thesiriusreport) April 5, 2022