@geekysteven There ain’t one. A splash zone was set up instead.
In 2008 I had started a business. It wasn’t affected by American crisis of the time, it wasn’t tied to US in any direct way. But the moment the crisis got announced, local currency lost ~70% of its value.
The government had halted contract payments without cancelling liabilities.
Oligarchs were delighted to pay three times less to extract resources for export.
I was lucky to not be buried in debt.
Loading comments...