Many Happy Returns cover image

Government bonds just got interesting

Many Happy Returns

00:00

The Risk of a Russian Debt Default

The risk was this political risk, because they didn't need a lot of debt. The government was probably earning more in terms of revenue from energy products than it was having to spend. So that's the real risk. I don't know how it's going to resolve itself. But countries exist for ever, and it won't always be the case that we have this kind of sanctions against russia. Well, let's hope, you crane exists for everima.

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