Sky News - Live Blog: Reports in its 5.22pm post the following, " Financial world watching to see if Russia will default on its debts...Sky's business presenter Ian King writes that Moscow has some time to avoid the third default in its history. "
Lets Get Real:
The Russians have defaulted twice before, in 1917 due to the Russian Revolution and in 1998, that was more a technical default and the Russians were bailed out by the IMF then, not this time, and of course it would help the WEST to see Russia default, the West has to place pressure on the Russian people, make their daily lives irksome and difficult, get them out on the street to demonstrate against Putin and his regime. It will be interesting to see WHAT PUTIND does, he has threatened to take over the business's that have LEFT Russia due to the Ukraine invasion, that would be a disaster for Russia, than would mean that the WEST could not trust a future Russian Government and the Russian economy would take a hard kick, thus a depression in the long term. That is why Putin might not take over these industries that have LEFT, he wants to get Russian back to his normal. The Russian people are going to pay for the action of Putin and Regime, the Ukraine could be his downfall as World War 1 was the downfall of Tsar Nicholas 11 of Russia.
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