“RV Under the Guise of a Food Crisis?” – Sat. AM-PM KTFA Thoughts/News 5-28-22

KTFA Samson » May 28th, 2022 A Mechanism That Allows Russia To Pay In Rubles And Bypass The “Default” 27th May, 2022 The “RBK” economic website stated that the issuance of bonds that allow payment in the Russian currency would allow Russia to avoid default, after Washington revoked Moscow’s license to service the public debt in dollars. The site indicated that the Russian bond issues include a “payment in another currency” clause, which will allow the Russian authorities to pay in rubles, without declaring their default. According to the website’s report, the clause on payment in alternative currencies is present…