• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Wall Street Is Pouncing on Russia’s Cheap Corporate Debt

S

sanman

DP Veteran
Joined
Nov 22, 2015
Messages
12,073
Reaction score
4,684
Gender
Undisclosed
Political Leaning
Conservative
While their puppets in the govt tell everyone to blacklist Russia, the Wall Street puppetmasters are using the opportunity to load up heavy on bargain Russian corporate bonds:

https://www.bloomberg.com/news/arti...ady-pouncing-on-russia-s-cheap-corporate-debt

 
The debt is cheap because there is a high chance of default. It would be funny if they thought they were being smart then lost their money.
 
Cardinal said:
It would be fantastic if, on the unlikely chance that Ukraine successfully repels Russia, all those seized assets went to Ukraine’s reconstruction.
Click to expand...

Russia has a huge numerical advantage, has a much greater supply of hardware, is also the 2nd-largest nuclear power, and Putin is not going to settle for being defeated, especially not by a smaller country.
So that's extremely wishful thinking from you.
 
The wishful thinking is in how the seized assets might be used (and any reasonable person would agree that Ukraine's reconstruction is the proper use of those assets). I am perfectly equipped to understand Russia's numerical advantage.
 
They've all been delisted as of today. You cannot buy Russian ETFs or stocks in the US...and btw could be a crime anyway
 

It's actually the largest nuclear power.
 
Felis Leo said:
I wonder how it works that these Wall Street firms are able to purchase bonds of companies that are being sanctioned by the United States government?
Click to expand...

Pretty sure that this is debt on the secondary market. So the money does not go to the Russian companies. Actually the debt may not be held by Russian citizens.
 
Felis Leo said:
I wonder how it works that these Wall Street firms are able to purchase bonds of companies that are being sanctioned by the United States government?
Click to expand...
Wall Street exists to make finance complex and full of loopholes, because that's how they make their money.
 
TomFitz said:
What argument? What’s your plan?
Click to expand...

My argument is Don't Poke the Bear.

Let Russia have a buffer state between itself and the West, instead of expanding NATO right up to Russia's borders.

Putin's feelings on this are not unreasonable, it's his actions now taken which are unreasonable. But none of this would have happened if we hadn't poked the bear.
 
So did the Chinese in Korea. But it didn't help them that much. Ukraine is not a small country. It's by far the largest country in Europe. If total conquest is Putin's goal then it's highly doubtful that Russia has the resources to be able effectively occupy a country the size of Ukraine. I think his goal was by putting such a large force on Ukraine's border that he could force concessions or capitulation by Ukraine without having to actually use that force. But there came a point where Putin had to either shit or get off the pot because he couldn't really afford to keep such a large force in place indefinitely. I think his own hubris convinced him that his forces would achieve a quick victory once they went in. That has not come to pass. Instead it has exposed great problems with the Russian military in terms of strategic leadership, logistics management along with poor communications and morale coupled with equipment of apparent inferior quality that in addition appears to have been poorly maintained. Other military analysts around the world are looking at this wondering is that the best they can do? Maybe the Russian military isn't all that people like Ted Cruz had cracked it up to be.
 
Atomic Kid said:
So did the Chinese in Korea. But it didn't help them that much. Ukraine is not a small country. It's by far the largest country in Europe.
Click to expand...

Ukraine population - 44 million - largest in Europe? By far?


The Russians won WW2 -- they put the most people into the fight. Efficiency is just for scorecards. The issue saliency is high for them, so they'll push on until they win, and they do ultimately have the means to. Remember, the US was willing to start nuclear war over Cuba. Take a look at dirty wars in Central America to know what Washington is willing to do.
 
sanman said:
Ukraine population - 44 million - largest in Europe? By far?
Click to expand...
You're forgetting about area. That's immense amount of area to try to cover for Russia. That's the kind of thing that makes a continued insurgency a bleak reality for them. These people will never quit. Putin has made blood enemies out of them.
sanman said:
The Russians won WW2 -- they put the most people into the fight. Efficiency is just for scorecards. The issue saliency is high for them, so they'll push on until they win, and they do ultimately have the means to.
Click to expand...
The Russians could not have ever prevailed against the Nazis without the Western powers logistical and military support. If they want to sacrifice another million men as they did just to get to Berlin first, then so be it. I don't think at this point that Putin even knows what the end of this or what 'victory' would look like at this point. Putin doesn't appear to have fully thought it through before acting,
sanman said:
Remember, the US was willing to start nuclear war over Cuba. Take a look at dirty wars in Central America to know what Washington is willing to do.
Click to expand...
Wrong. It was Russia and Castro that had plans to use tactical nuclear weapons against any US invading forces landing in Cuba. The US had no plans to utilize nuclear weapons against Cuba unless such weapons were used against them first. And if Russia or Cuba had done so it would have triggered a full retaliatory response by the US. Look at what Russia is doing to Ukrainian civilians and had done to Muslim civilians in Syria to know how much evil they are willing to sow.
 
Last edited:
Atomic Kid said:
Other military analysts around the world are looking at this wondering is that the best they can do? Maybe the Russian military isn't all that people like Ted Cruz had cracked it up to be.
Click to expand...

EVERY military analyst.
 
Funny how you think you can separate Putin's feelings from his actions. Actions speak louder than words. Ever hear that phrase before?
 
You must log in or register to reply here.
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more…