GREAT NEWS : Moscow Stock Market Rout Wipes Out $250 Billion in Value

[White 6]

There's something seriously wrong with that country.

There has been since before World War II.

 

[theHawk]

the moscow stock market is down almost 50%, just today.

Well congratulations. Does it make you feel better?
Is your life going to improve now?

 

[westwall]

You guys still don't get it.

They never will.

 

[Litwin]

Well congratulations. Does it make you feel better?
Is your life going to improve now?

ivan lover watch this, moscow jets shooting at Ukraine civilians. :

 

[theHawk]

ivan lover watch this, moscow jets shooting at Ukraine civilians. :

Umm I didn’t see them get blown up.

But scary shit nonetheless. Why won’t Ukraine just let go of the provinces that don’t want to be in their corrupt government?

 

[Litwin]

Sheeeeeesh. Talk about irrelevant, and probably a bunch of total lies, too.

I've been doing it for years, go check my history of posting.

Perhaps. I remember long lines of well-dressed, well-fed Muscovites waiting to buy scarce bread. The impression was that there was a famine, but in fact it was just a temporary glitch in the flour supply to the bakeries. At the time Russia was producing lots of wheat for domestic use and for export. The problem was that Muscovites don't bake their own bread. They're way too grand for such tasks.

There has been since before World War II.

Well congratulations. Does it make you feel better?
Is your life going to improve now?

They never will.

 

[Litwin]

scary shit nonetheless. Why won’t Ukraine

bad news for your horde buddies

 

[theHawk]

bad news for your horde buddies

What makes you think they are my “buddies”?

I may have dated a few hot Russian women, other than that I don’t care for Russia.

 

[justoffal]

we will see how long MOSCOW HORDE can run this bizarre show...

"

GREAT NEWS : Moscow Stock Market Rout Wipes Out $250 Billion in Value​

The MOEX stock index traded down 35% as of 3:34 p.m. in Moscow. Shares of Sberbank PJSC, Russia’s biggest lender, were down 49%, while natural-gas giant Gazprom PJSC traded 40% weaker.


Russia’s sovereign bonds plummeted, taking some to distressed levels, and the nation’s credit-default swap premium soared above 750. Ukraine’s 2033 dollar debt dived, lifting the yield to 88%, while the local currency market was suspended and limits were imposed on daily cash withdrawals. Stocks in Warsaw tumbled the most in almost two years.


After slumping as much as 9.4% against the dollar, Russia’s ruble traded 2.6% weaker at 83.2525 per dollar. "

Russian Market Rout Wipes $200 Billion From Stocks; Bonds Dive

Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and additional sanctions from the U.S., wiping out almost $200 billion in stock-market value and roughly a third of the sovereign debt’s value.

www.bloomberg.com

That's based on dollars....Russia and China bypass that exchange by dealing directly with each other....sorry to burst your bubble but Putin is probably worth more than that just in personal wealth.....I know you want Russians to suffer...but unfortunately for that sentiment China will provide everything Russia needs and vice versa...
However if that headline gets you to gizz off....I don't want to deny you your little pleasures...lol.

 

[Litwin]

 

[Litwin]

"Despite Moscow’s high-profile de-dollarization drive in recent years — in anticipation of possible blocks on transacting in the currency — more than half of Russia’s exports are still priced in dollars, according to statistics cited by the Bank of Finland’s Institute for Economies in Transition (BOFIT). Another 30% are denominated in euros, "

Russia’s Economy on the Brink of Crisis After Ukraine Attack - The Moscow Times

Russia’s economy faces being plunged into a fresh economic crisis following Moscow’s move to start military action in Ukraine.

www.themoscowtimes.com

 

[Woodznutz]

"Despite Moscow’s high-profile de-dollarization drive in recent years — in anticipation of possible blocks on transacting in the currency — more than half of Russia’s exports are still priced in dollars, according to statistics cited by the Bank of Finland’s Institute for Economies in Transition (BOFIT). Another 30% are denominated in euros, "

Russia’s Economy on the Brink of Crisis After Ukraine Attack - The Moscow Times

Russia’s economy faces being plunged into a fresh economic crisis following Moscow’s move to start military action in Ukraine.

www.themoscowtimes.com

Foreign currencies have been stronger than the ruble for decades within Russia. The U.S. dollar is the preferred currency in many sectors, especially the black market.

Russian ruble hits record low, Moscow index down more than 30% as Putin launches invasion of Ukraine

Moscow's main stock market index plunged as much as 45% on Thursday, its worst single-day drop on record.

www.cnbc.com

 

[Litwin]

Foreign currencies have been stronger than the ruble for decades in Russia. The U.S. dollar is the preferred currency.

yeh ivan lover tell it to your babushkas )) do you remember the last czar fate ? Vova the shorty is the next to the basement visit )))

 

[Woodznutz]

yeh ivan lover tell it to your babushkas )) do you remember the last czar fate ? Vova the shorty is the next to the basement visit )))

View attachment 606239

?

 

[Litwin]

?

 

[Litwin]

 

[Litwin]

Ukraine war news from February 25: Kyiv suburbs breached, Russian forces face resistance, Zelensky warns Russia will ‘storm’ capital

Today’s main developments: Russia’s advance met with strong resistance; US, UK and EU preparing to freeze Putin and Lavrov’s assets; stream of Ukrainians head to Hungary

www.ft.com

 

[there4eyeM]

There has been since before World War II.

...since at least Genghis Khan.

 

[there4eyeM]

yeh ivan lover tell it to your babushkas )) do you remember the last czar fate ? Vova the shorty is the next to the basement visit )))

View attachment 606239

...but there's always funds for arms!