The United States went bankrupt for another $100 billion.

America's largest long-distance communications company, Worldcom, announced the largest bankruptcy in US history (the company's holdings total $100 billion).
Before the world stock exchanges had time to recover from the scandal with the bankruptcy of the gas company Enron, a new misfortune happened on Sunday. This time the Worldcom corporation collapsed. Just as in other cases, the collapse was caused by an audit that revealed additions to the corporation's income of $3.8 billion. So, the financial world of the planet is shaking with fever. How will this turn out for Russia?
Experts are almost unanimous that the price of oil will fall, the dollar will continue to fall, and all this together will lead to problems with the budget and repayment of external debt... However, there are other opinions. Anatoly Aksakov, chairman of one of the State Duma committees, believes that “there remains hope that investors, in search of a more profitable investment option, will turn their eyes to Russia. Especially considering that our country has at least a small economic growth.”
- In any case, we will lose less than America and Western Europe. Because this is a crisis of globalism, and we did not have time to delve into it,” Oleg Grigoriev, director of the State Unitary Enterprise Research Center “Ecosafety,” told the IMA-press agency.
At the International Moscow Stock Exchange, the Ministry of Finance, the offices of Grigory Yavlinsky and Andrei Nechaev, where Interlocutor correspondents reached, they refrained from hasty comments.
Elena Skvortsova, Oleg Roldugin.