Technical default is not the same as usual default.
technical default: You own somebody $100. You have them and want to pay. But the recipient of your payment deny it and then say that it is you who didn't pay him debt.
regular default: You own somebody $100. You don't have them. Recipient does not receive them and say you didn't pay him debt.
Thing named "technical default" is the favorite trick of racketeers and usurers. They wait for the day of payments, and when the victim bring the money, he discovers that racketeer or usurer is absent or somehow can't take victims money for whatever reason. Later, criminal suddenly appear and blame victim for delay of payment, so victim now have to pay additional interest rate and huge penalty for that delay.
As for the situation with Russia, that "technical default" is do more harm for the payment receivers (investors, banks, all of them) than for those who have to pay. It does not even destroy credibility of Russia for any sane person, it destroys credibility of the West. Say, India or some other country will look at that and hardly will want to have a deal with investors or states who could at any time do that shitty racketeer trick with them. Why would they want to have a deal with such unsafe partners?
All that stupid sanctions, really, do much more harm to the West, than to Russia. And that is obviously intentional. Interesting, that West even already drop sanctions that could occasionally really harm Russia a little - the US government recently allowed selling high-speed communication and IT equipment to Russia, f.e..
So, sanctions West apply to Russia harm West population, not Russians, I.e. West do exactly what was tested by NWO in Russia previously. Russians use meme "we will bomb Voronezh to sanction West", i.e.do harm to its own citizens in own town as a punishment for foreing state. That was done numerous times from "sanctioning western food and goods" to "censorship of foreign MSM" as a reply to some anti-Russia actions of the West.. Now West do exactly the same, since NWO tested and approved that technology. The difference only in that Russians don't give a fuck to government bans and continue to trade and use banned things, but West public much more obedient to state laws and bans and will follow them even if they will suffer. It was clearly visible, f.e. during coronahoax lockdowns. Both West and Russia had them, but in Russia most people don't give a fuck to that shit, unlike Western people who mostly obey under the fear of large penalies or arrests.
I will enjoy the shitshow of Russia's economy collapsing.
You'll have to wait forever.
It is impossible to collapse economy of country that really needs import nothing from abroad to stay alive. Especially with all that stupid sanctions. It is not the West necessary for Russia to keep running, it is Russia is necessary to the West to survive. And that situation was carefully made by West itself. From brainless switching to the Russian resources stolen by Jewish oligarchs from Russians to destroyng working nuclear power plants for the sake of stupid ecologyhoax.
Technical default is not the same as usual default.
technical default: You own somebody $100. You have them and want to pay. But the recipient of your payment deny it and then say that it is you who didn't pay him debt.
regular default: You own somebody $100. You don't have them. Recipient does not receive them and say you didn't pay him debt.
Thing named "technical default" is the favorite trick of racketeers and usurers. They wait for the day of payments, and when the victim bring the money, he discovers that racketeer or usurer is absent or somehow can't take victims money for whatever reason. Later, criminal suddenly appear and blame victim for delay of payment, so victim now have to pay additional interest rate and huge penalty for that delay.
As for the situation with Russia, that "technical default" is do more harm for the payment receivers (investors, banks, all of them) than for those who have to pay. It does not even destroy credibility of Russia for any sane person, it destroys credibility of the West. Say, India or some other country will look at that and hardly will want to have a deal with investors or states who could at any time do that shitty racketeer trick with them. Why would they want to have a deal with such unsafe partners?
All that stupid sanctions, really, do much more harm to the West, than to Russia. And that is obviously intentional. Interesting, that West even already drop sanctions that could occasionally really harm Russia a little - the US government recently allowed selling high-speed communication and IT equipment to Russia, f.e..
So, sanctions West apply to Russia harm West population, not Russians, I.e. West do exactly what was tested by NWO in Russia previously. Russians use meme "we will bomb Voronezh to sanction West", i.e.do harm to its own citizens in own town as a punishment for foreing state. That was done numerous times from "sanctioning western food and goods" to "censorship of foreign MSM" as a reply to some anti-Russia actions of the West.. Now West do exactly the same, since NWO tested and approved that technology. The difference only in that Russians don't give a fuck to government bans and continue to trade and use banned things, but West public much more obedient to state laws and bans and will follow them even if they will suffer. It was clearly visible, f.e. during coronahoax lockdowns. Both West and Russia had them, but in Russia most people don't give a fuck to that shit, unlike Western people who mostly obey under the fear of large penalies or arrests.
Since it's the creditor side that's been working to block the available accounts in currencies accepted for payment - yes, yes it is.
You'll have to wait forever.
It is impossible to collapse economy of country that really needs import nothing from abroad to stay alive. Especially with all that stupid sanctions. It is not the West necessary for Russia to keep running, it is Russia is necessary to the West to survive. And that situation was carefully made by West itself. From brainless switching to the Russian resources stolen by Jewish oligarchs from Russians to destroyng working nuclear power plants for the sake of stupid ecologyhoax.