this post was submitted on 26 Nov 2024
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[–] Tar_alcaran@sh.itjust.works 34 points 3 days ago (1 children)

Ah yes, the government who promised to give 100k of debt for every new recruit. Not government debt, mind you, third party debt. As in, you owe me 90k, and sign up for the military, and that debt is gone now, and I can go fuck myself..

That government can surely be trusted to repay their own bonds, right?

[–] random_character_a@lemmy.world 15 points 3 days ago

I thought the government would pay the dept. Just forgetting 3rd party debts is crazy. It would destroy all trust in debt market.

[–] Im_old@lemmy.world 21 points 3 days ago

That's surely a sign of a healthy economy when people have so much money they don't need to invest, right? Right?? /s

[–] Zier@fedia.io 11 points 3 days ago

I'll give you 6 rubles for all of them!

[–] K4mpfie 10 points 3 days ago (1 children)

How did the previous years look on this?

[–] MrMakabar@slrpnk.net 12 points 3 days ago

The way it used to work is that on each auction day they try to sell a certain number of bonds. Usually about the same amount for each auction day. If they did not sell or they needed more money they had special auctions as well, with better offers if needed. That was usually the case, when they offered them at too favourable conditions for the Russian government and the better offers sold the rest of the bonds easily and where usually not that much better.

So before 2/3 of the bonds should have been sold by now.

[–] massive_bereavement@fedia.io 9 points 3 days ago (2 children)

What happens when Russia can't pay NK?

[–] MrMakabar@slrpnk.net 16 points 3 days ago

Russia pays NK in a bunch of stuff and we already saw some proof of payments. Namely missile technology going to NK, but also resources like oil and food, which NK needs desperatly. If Russia would not pay, then NK would not send troops and weapons. So they have to do it.

[–] uebquauntbez@lemmy.world 14 points 3 days ago

Russia 'sells' Eastern Siberian Territories to China.