Mitu Gulati, a sovereign debt expert from the University of Virginia, teams up with Mark Weidemaier, a UNC law professor, to discuss the potential fallout from a Russian bond default. They delve into the complexities of Russia's unique bond structures and past defaults, raising questions about the country's ability to meet its obligations. The conversation highlights the economic and geopolitical implications, including how historical events have shaped today's investment climate and the unusual legal challenges facing investors in this turbulent landscape.
