Russian Ruble Denominated Mortgage Holders Cry Foul Over Soaring Rates


Russian foreign currency mortgage holders cry foul over soaring rates

The collapse of Russia’s rouble has triggered protests by people trapped in dollar-dominated mortgages. On Sunday, members of the Russian Foreign Currency Borrowers’ Community appeared among crowds in Moscow’s Red Square wearing t-shirts emblazoned with the phrase “Slave of foreign currency mortgage.” Police detained dozens of demonstrators who called on the government to act. “They will…

Greenlight Capital Full Q2 2021 Letter: Einhorn Thinks Inflation Is Here To Stay

EinhornDavid Einhorn's Greenlight Capital returned -2.9% in the second quarter of 2021 compared to 8.5% for the S&P 500. According to a copy of the fund's letter, which ValueWalk has reviewed, longs contributed 5.2% in the quarter while short positions detracted 4.6%. Q2 2021 hedge fund letters, conferences and more Macro positions detracted 3.3% from Read More

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