Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said. #CNN #News

In 2000, Special Forces soldier Laredo Wynn was dragged from the clutches of death, surviving both with the scars it wrought and the promise that someday he would make good on what happened. Now sixteen years later, a call arrives in the middle of the night to call in that debt. The man on the other end has now ascended to a lofty position, with his sights set on the second highest seat in the land, and has a few things he needs wiped quickly and quietly from his resume. Fighting every inner desire to turn and walk away, Laredo remembers that day from so long ago and the red it still signifies in his ledger, reluctantly agreeing to help with the assurance that once the task is done, the marker that has hung over his head for so long will finally be wiped away for good. Packing a few items and leaving behind his quiet life on a ranch in West Texas, he drives to Chicago and attempts to do as asked, only for things to begin spiraling beyond his control the moment he arrives. Within days the lines between friend and enemy become blurred, forcing Laredo to do things he thought he’d left behind, and forcing him to ask just how far he is willing to go in the name of squaring what he owes…

In 1985, Frederic C. Lane and Reinhold C. Mueller published the magisterial Money and Banking in Medieval and Renaissance Venice, Volume 1: Coins and Moneys of Account. Now, after ten years of further research and writing, Reinhold Mueller completes the work that he and the late Frederic Lane began.

The history of money and banking in Venice is crucial to an understanding of European economic history. Because of its strategic location between East and West, Venice rapidly rose to a position of preeminence in Mediterranean trade. To keep trade moving and credit available from London to Constantinople and beyond, Venetian merchants and bankers created specialized financial institutions to serve private entrepreneurs and public administrators: deposit banks, foreign exchange banks, the grain office, and a bureau of the public debt. This new volume clarifies Venice’s pivotal role in Italian and international banking and finance. It also sets banking–and panics–in the context of more generalized and recurrent crises involving territorial wars, competition for markets, and debates over interest rates and the question of usury.

“The single aspect that most characterizes Venetian history and historiography is the dominant role of the state in the life of the city and the symbiosis between public and private sectors of the economy, between public and private interests….A primary concern of civil authorities was to create an atmosphere of competitive opportunity on the Rialto conducive to investment, that is, to the influx of money and goods, their turnover in Venice, and their eventual outflow.”–From The Venetian Money Market

Here are the numbers for the month of July! Every baby step is getting us closer to debt free living!

Debt consolidation… is it a good thing? It can be good or bad depending on why you want to do it. First, let me ask you if you’re coming at life from a consumer mindset, or an investor mindset. The reason I ask, is there are good debts, and there are bad debts.

When you consolidate consumer debt, you are doing something really smart. When you are consolidating good debts, business debt, or investor debts that make you money, it may or may not be a good idea.

The typical goal of debt consolidation is to pay off the debt, but you don’t typically want to pay off good debts. Instead, you control them for a while, then let them go.

Watch and Enjoy!
Kris Krohn & Nate Woodbury

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Tobu – Infectious
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Licensed under Creative Commons — Attribution 3.0 Unported— CC BY 3.0

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Have Debt in 2023? Here’s what you MUST know..
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Are you someone who wants to invest in real estate, get approved for a 0% interest balance transfer or wants to position yourself so that you can get approved for financing? Good credit is required, if you need help fixing your credit, schedule a free call with us today!

Are you a business owner that works in a career where your clients / customers need to pass a credit check to close the deal? Partner with us and we’ll fix their credit and pay you for sending us the customer and once we are finished, we’ll send them back to you to close the deal: https://greatcreditfast.com/affiliate/

Are you someone with a net worth above $500,000 or more and concerned with having all of your money in one country, jurisdiction or currency and want to diversify your wealth? I suggest using the same tools that billionaires, millionaires, athletes and politicians use; its an offshore asset protection trust. I have established one my family. If you’d like to use our resources and our licensed legal team, schedule a call: https://wealthdefenselawyers.com

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Hi everyone. Thank you for joining me today. I’m here reviewing my current debt #’s. Everyone probably say’s this but I was inspired by Dave Ramsey to become debt free. I have seen other youtubers that are also in there own journey. Please subscribe and like my videos. I would really like for you to join me and come along for this ride.

Ty the Spirit Messenger guides you to wipe away the negative energy utilizing the Ho’oponopono prayer and to tap into the feeling of abundance for you. You will also discover your abundance factor after a trip inside the money and opportunity machine.

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If you’re under debt review and not happy with your debt counselor, you can transfer to another one. Courtesy #DStv403

ABC News business and economics correspondent Deirdre Bolton explains the global impact of Russia defaulting on its debt.

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#ABCNews #Russia