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A Russian Default?

February 10th, 2015 · No Comments

  • It’s no secret that Russia is plagued by the crash in the oil price and Western sanctions, but there are also a host of structural economic problems.
  • If the present conditions endure or worsen, there is a reasonable chance that Russia will default on part of its foreign debt, mostly in the hands of private companies.
  • Despite being cheap, Russian stocks generally don’t seem a good bet. Not only because of the present problems, but also because of deep seated structural problems in the economy

A Russian Default? | Seeking Alpha

Tags: Russia