Chapter 556(2/2)
It's not that Russia doesn't want to repay its debts, it's just that most of its creditors are unwilling to accept the plan proposed by Russia.
If it wants rubles, Russia is willing to pay for them at any time and print as many rubles as it wants. But after the ruble depreciates significantly, no creditor will be willing to accept rubles.
Repaying debts in kind is another plan proposed by Russia. This plan has been accepted by many CIS countries. Russian weapons are still very popular for CIS countries.
However, Russia's biggest creditor at that time was Germany. As a NATO country, how could Germany want Russian weapons? Even if it wanted it, Russia would not be able to give it to them.
As for Russia's heavy industrial products, they are even less discernible in Germany. Germany's heavy industry level is higher than Russia's, and Germans don't look down on Russia's crappy goods.
The Germans like Russian oil and natural gas very much, but if the Germans have nothing to do, they can't hoard a large amount of oil and natural gas, right? Oil is easy to buy, but natural gas is not easy to store. If you buy too much, you won't have anywhere to put it.
What's more, Russia will sell these energy resources regardless of whether there is debt or not. At that time, Russia was counting on selling energy to make a living. They wished they could sell more!
Therefore, these debts can only be dragged on until the price of oil increases in a few years. The price difference will naturally smooth out Russia's debt.
Although the Germans look down on Russian heavy industry products, the Chinese can still appreciate them. Russia has a heavy industry foundation left over from the former Soviet Union. China has been developing for decades, but it still has not caught up in many fields.
If we can get some relatively advanced heavy industrial products and transport them back to China, they should be able to be sold as fragrant steamed buns, and Zhao Jinshan will be able to return some of his funds by then.
So after the Spring Festival, Li Weidong followed Zhao Jinshan to Russia to collect debts.
Chapter completed!