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Despite sanctions, Russia repays its debt

Réseau InternationalDespite sanctions, Russia repays its debt

International Network - Apr 15, 2024

While the Macron-Attal-Lemaire trio is desperately seeking a few tens of billions of euros to complete their 2024 budget, a year in which the absolute historical record for the French budget deficit could well be broken, the Russian executive, despite the sanctions which are applied to it, repays its debt, and found $54 billion in budget surplus over the last twelve months to do so.

   

Let's summarize: the French debt today is 3200 billion euros, or $3425 billion.

Some sources even speak of $3690 billion

The Russian debt was only $358 billion on April 1, 2023. One year of war later, on April 1, 2024, this Russian debt was reduced to $304 billion.2

Russia therefore still has a debt capacity that our country no longer has, on the verge of collapse and bankruptcy.

For the French Mozarts of politics and finance who claimed to collapse the Russian economy (Lemaire) or put it in a state of insolvency (Macron), the slap in the face is gigantic and we impatiently await the verdict of the IMF and that of the rating agencies which should fall in a few days. But don't panic, the mainstream media are there to hide the problem and calm our pain with anesthesia before the European elections, in order to limit electoral damage. They will talk to us about the Paris 2024 Olympics, floods, climate change and as little economy as possible...

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