#8401 ·
Gregory Ramos3 said:They probably could, honestly, but all their cash is being burned elsewhere right now, and trying to borrow money on the global capital markets is basically just a pipe dream for them at this point.🙂
Think about it like this: after WWII, Germany was totally wiped out economically, but since they went through that massive period of reckoning and reform, even their former enemies ended up helping them get back on their feet and turn into the economic powerhouse we see today.
So, who's actually going to step up and bail Russia out once this whole thing wraps up? North Korea and Eritrea?
Honestly, you're looking at this without much financial literacy—just like 99.99% of the people on this forum. You seem constantly baffled by how a sovereign nation with its own banking system, like the US or Russia, can essentially fund itself.
Good grief, who exactly is going to go out and lend money to a sovereign nation? 😵