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Putin's long war

Defense One Radio

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Is There a Real Possibility That Russia Would Deflate on Foreign Debts?

There's a very real possibility that russia could defalt on its foreign debts. It could take the form of just flat out completely refusing pay any debts whatsoever. Defaulting in the midst of a war would also put Russia in a very unusual situation. But there is the possibility for them to do something more, like re-negotiate or delay payments.

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