Sri Lanka, Russia, 30 more on the edge, why nations default on debt & what happens when they do

As both Russia and Sri Lanka default on sovereign debt, Shekhar Gupta explains what happens when a nation defaults. Episode 981 of #CutTheClutter also looks at why Sri Lanka’s “total default” is different from Russia’s “partial default” and what is…

Sri Lanka, Russia, 30 more on the edge, why nations default on debt & what happens when they do

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As both Russia and Sri Lanka default on sovereign debt, Shekhar Gupta explains what happens when a nation defaults. Episode 981 of #CutTheClutter also looks at why Sri Lanka’s “total default” is different from Russia’s “partial default” and what is the reason behind it.
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