Markets wary of 'butterfly effect' if Russia defaults - The Globe and Mail


3/11/2022 12:00:00 AM3 years 11 months ago
by Jamie McGeever

With flashbacks to August of 1998, nervy times on Wall Street

Russian sovereign defaults evoke nervy times on Wall Street. Tremors from the Russian governments last roble debt default in August 1998 contributed to what was, up to then, one of the biggest finan… [+4734 chars]

full article...