So what do we do now? Ukraine...........

Bob_C said:

UW_Doog_Bot said:

Just curious what the interest rates are currently on Russian bonds. Anyone here know?

Probably high. But they also ran a budget surplus for their latest fiscal year so not sure they are really trying to move them.

The US on the other hand, I just bought some 30 day bonds directly from treasury at auction at a 5% face discount and with a 5.5% coupon rate. Crazy what huge deficits will do.

A "budget surplus" kinda meaningless when you use up all your foreign reserves, print tons of currency, and are paying 20% on existing debt(in those foreign reserves).

I was never one to say that sanctions would crush Russia but to pretend that "Russia is stronger than ever" is just repeating agitprop.

They are fully capable of going hermit kingdom since they produce food, energy, etc. Half of Siberia is living in 1930 anyway.

The difference being they have lots of rebellious colony states. Hence the push for "peace" aka a chance for Russia to regroup before the next invasion.