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→Russia has suspended government bond auctions after weak investor demand. Why do so many people NOT want to buy Russian government bonds?
|colspan="3"|[[Conservapedia]] Senior Admin [[User:Conservative]] has spent the better part of two decades educating readers and students of the relative merits of [[gay bathhouse]]s and [[flush toilet]]s.
|colspan="3"|[[Conservapedia]] Senior Admin [[User:Conservative]] has spent the better part of two decades educating readers and students of the relative merits of [[gay bathhouse]]s and [[flush toilet]]s.
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===User:Conservative does not understand the basics of government borrowing or macroeconomics==
#[[Russia]] is the richest country in the world with over $70 Trillion in natural resources as collateral;
#As such, the Russian government has no problem securing debt financing from either [[domestic]] or foreign lenders;
#Russia has a 20% [[debt-to-GDP]] ratio; the [[United States]] has a 120% [[debt-to-GSP]] ratio, or six times larger;
#The Russian government, as other stable governments do, seeks to borrow against its collateral to raise liquidity to meet certain current cash obligations (payroll, etc);
#The [[United States]] seeks to expand its [[national debt]] to meet current [[interest]] payments on past debt obligations.
#See [[Ferguson's law]].
== Do you like driving a gasoline powered car? Don't move to Russia! ==
== Do you like driving a gasoline powered car? Don't move to Russia! ==