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| | #The Russian government, as other stable governments do, seeks to borrow against its collateral to raise liquidity to meet certain current cash obligations (government payroll, social security, etc); | | #The Russian government, as other stable governments do, seeks to borrow against its collateral to raise liquidity to meet certain current cash obligations (government payroll, social security, etc); |
| | #The [[United States]] seeks to expand its [[national debt]] to meet current [[interest]] payments to bond holders on past debt obligations. | | #The [[United States]] seeks to expand its [[national debt]] to meet current [[interest]] payments to bond holders on past debt obligations. |
| − | #The [[United States]] is locked in, or trapped, with no room to expand existing programs (e.g. [[Obamacare]], $500,000,000,000 to the [[Department of War]]) or create new programs (e.g. [[Medicare For All]] or [[taxpayer]] [[bailout]] for [[Big Tech]] [[date center]]s). If it does, the result is [[hyperinflation]]. | + | #The [[United States]] is locked in, or trapped, with no room to expand existing programs (e.g. [[Obamacare]], $500,000,000,000 to the [[Department of War]]) or create new programs (e.g. [[Medicare For All]] or [[taxpayer]] [[bailout]] for [[Big Tech]] [[data center]]s). If it does, the result is [[hyperinflation]]. |
| | #See [[Ferguson's law]]. | | #See [[Ferguson's law]]. |
| | #Russian bond investors wanted more than the 3.5% offered, but not nearly as much as the 5.5% [[US]] bond investors are now rejecting. | | #Russian bond investors wanted more than the 3.5% offered, but not nearly as much as the 5.5% [[US]] bond investors are now rejecting. |
| | + | #The question of whether Russia will become beholden to [[domestic]] [[oligarch]]s and foreign investors as the [[United States]] has become is a [[political]] question. IMO, Russia isn't that desperate yet. |
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| | == 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! == |