Quote Originally Posted by hddscan View Post
I'm merely hoping that if default happens it would force current Ukrainian government to stop the war and start restoring economy rather then keep spending money they can't afford to spend
I appreciate your intention, but something tells me that even if the active phase of the war stops, the attempts to regain full control over the area will not stop in the long run. So, the possible default will not cause the peace, only a temporary ceasefire and a better preparation for the subsequent military clashes. Will that create a stable enough situation for the Novorossian businesses to flourish and deliver some economic prosperity for the region? I highly doubt that. I'd rather say this region would become a resources-sucking addendum for Russia which everybody would be tired of in three to five years. It does not look to me like EU and US are seeking middle ground with Russia, so the conflict is inspired from the outside of Ukraine, there doesn't seem to be any real, material, conflict between the regions, only the emotions, which tend to cool down as time goes by. IMHO, all Russia was and still is trying to do is restoring the balance of power in the region and that does not seem to be what the EU and the US want at this time. The conflict could be ended in a twist of fingers by simply putting the promise that NATO would not expand any further into some solid piece of paper (how hard could that be?) and that is not what the alliance is ready to do.. so, guess what..