Hi all,
I've been considering putting a bit of my "fun money" in RSX. However, one thing I'm not sure I understand is what would happen if Russia has a big economic collapse and defaults again. While stock prices could obviously go lower, what scenarios (if any) could cause the ETF as a whole to go to 0? Can they just claim all the ownership for themselves and any non-Russian investors lose their entire stake? Has that happened previously in other countries?
Anyway, just trying to understand the entirety of the risk before I potentially drop a bit of money on RSX.