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Russia About to Default On Sovereign Debt Again < < The Nikkei newspaper has released a very troubling if not totally surprising story, that Russia will ask foreign lenders to reschedule loans worth $400 billion, potentially the equivalent of a debt default depending on how it is structured. ... A $400 billion dislocation in credit markets is not what the global economy needs. However, we ...
http://community.livejournal.com/alterna_doom/7656.html
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Published: 10 months, 2 weeks ago (Tue, 10 Feb 2009 13:56:21 PST); 2111 bytes
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