Ukraine / Russia: Back to the Future?
I was on the “ground floor” for this, and while history may not precisely repeat, this rhymed, to me, a lot. Here’s a pretty good recap, when Russia intentionally defaulted on bonds, where the only investors were foreigners: click here.
Over the weekend, this was reported by Reuters: click here.
Russian c.bank orders block on foreign clients’ bids to sell Russian securities – document
Maybe it’s not the same at all. Or maybe it’s the same.