What will be with deposits loans investments during default
- Mar 17
Friends! It is no secret that the risks of the occurrence of default in Russia have increased very strongly. Many foreign investment banks and investments promise Russian default in April.
The International Monetary Fund speaks of the reality of default in Russia in the near future, and international rating agencies have already exposed Russian ratings on the default and predefolitical levels.
Already the other day, Russia may not want or will not even be able to repay its current debts on certain bonds in currency.
Already there is a statement that payment will be in rubles. When the grace period ended in 30 days, a technical default can follow, just by mid-April.
In turn, this may entail a default in the country due to the requirements for other debt issues.
What are the consequences of default?
The main consequences of a possible default will be primarily the loss of the image of our country on the world arena, as a bona fide borrower and a reliable payer for debts - this can actually affect the future of the country during the subsequent economic development of Russia.
Will bank deposits pave?
Due to the default, ruble bank deposits will not be paved, there is no point in that. If default happens, it will not make sense to select and currency deposits.
It would be more logical to select currency before default, so that it is just the same to allow it and pay off with foreign creditors precisely in the currency.
Of course, there is some intrigue, but I hope it will not reach it. Moreover, because there is also guarantees on deposits of the population, and the country's currency revenue did not go to 0.
The country continues to sell oil and gas. Europe will not be able to abandon our energy.
The likelihood that the event will be taken away due to default is even lower. Although there are no insurance on brokerage accounts, stock is a property share.
On the contrary, the state is now going to fully support the stock market. The stock market is needed by the country, it is even in Iran.
What will happen to loans and mortgage?
Nothing. It will not work that you will suddenly simulate all loans. But even bad to take it too.
Credits will be easier to pay due to high inflation, but provided that your income will grow faster than this inflation.
In general, the money will not turn into a candy precisely because of the default. And with great probability, nothing bad, specifically for us with you, will not happen.
The consequences of the imposed and imposed sanctions have already surrounded by their strength of the consequences of a possible country default. But this does not mean that financial authorities do not need to think about the future of trade and economic relations with other countries.
Defalt can now affect the country negatively. Therefore, there is hope that before default will not reach.
Today, thanks for your attention!
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