Current Events > Moscow Exchange is down 45%

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UnholyMudcrab
02/24/22 3:58:20 AM
#1:


https://www.investing.com/indices/mcx

The Russian economy is getting taken out back like Old Yeller, and they haven't even been hit with the big sanctions yet.

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Smackems
02/24/22 3:58:58 AM
#2:


Means a lot to those already killed I'm sure

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CADE FOSTER
02/24/22 3:59:52 AM
#3:


Kill it starve every one of them then they will drag Putin out and take him down
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Kaiganeer
02/24/22 4:00:36 AM
#4:


buy in at rock bottom, let's get that bag gamers
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SiO4
02/24/22 4:02:28 AM
#5:


Dang

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kingdrake2
02/24/22 4:04:56 AM
#6:


UnholyMudcrab posted...
The Russian economy is getting taken out back like Old Yeller,


the fucker gone rabid it was an act of mercy

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CADE FOSTER
02/24/22 4:05:39 AM
#7:


Russia and belarus gonna feel the world's anger
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SiO4
02/24/22 4:33:19 AM
#8:


The rouble is getting fucked as well.

https://www.reuters.com/markets/europe/rouble-trading-suspended-currency-dives-after-russia-invades-ukraine-2022-02-24/

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burns112233
02/24/22 4:38:55 AM
#9:


The thing is Putin knows this was going to happen and still invaded, so we must ask ourselves what is he planning?

I would guess an all out cyberattack, but I'm not sure.
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Rayman2943
02/24/22 4:48:32 AM
#10:


CADE FOSTER posted...
Kill it starve every one of them then they will drag Putin out and take him down
You need therapy lol


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eggcorn
02/24/22 4:50:37 AM
#11:


I'm sure China has their back

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Warning: This post may contain triggering or distressing content.
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burns112233
02/24/22 4:55:43 AM
#12:


Here's a good read.

https://www.bbc.com/news/business-60480904
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SiO4
02/24/22 5:03:39 AM
#13:


burns112233 posted...
The thing is Putin knows this was going to happen and still invaded, so we must ask ourselves what is he planning?

I would guess an all out cyberattack, but I'm not sure.


Ya, I would not be surprised by that.
I would almost be more surprised if he didn't try something like that.

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Nukazie
02/24/22 5:04:52 AM
#14:


the economy!!

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kingdrake2
02/24/22 11:01:30 AM
#15:


Nukazie posted...
the economy!!


i lost that imgur picture. this it'll substitute it.

https://imgur.com/O2KHoLl

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#16
Post #16 was unavailable or deleted.
Damn_Underscore
02/24/22 11:03:52 AM
#17:


Putin going to say that capitalism no longer works so they have to bring back the USSR

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Thompson
02/24/22 11:05:04 AM
#18:


Damn_Underscore posted...
Putin going to say that capitalism no longer works so they have to bring back the USSR
*long lines and empty shelves intensifies*

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s0nicfan
02/24/22 11:08:12 AM
#19:


burns112233 posted...
The thing is Putin knows this was going to happen and still invaded, so we must ask ourselves what is he planning?

I would guess an all out cyberattack, but I'm not sure.

I mean, all he has to do is turn off all the oil and gas going to Europe and instantly drop the entire continent into a catastrophic energy crisis. I'm sure he's more than willing to let the Russian stock market take a temporary hit if he thinks that he can negotiate something that leaves Russia better off than the state they were in before all of this. And I think he knows that Russia has enough leverage in the energy sector to force Europe's hand.

And that's assuming that Russia and China haven't been cutting deals behind the scenes to open up trade in order to buffer their economies against Western influence.

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YourDrunkFather
02/24/22 11:09:14 AM
#20:


UnholyMudcrab posted...
https://www.investing.com/indices/mcx

The Russian economy is getting taken out back like Old Yeller

Someone should do the same with its president


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Umbreon
02/24/22 11:13:48 AM
#21:


kingdrake2 posted...
i lost that imgur picture. this it'll substitute it.

https://imgur.com/O2KHoLl


This?

https://gamefaqs.gamespot.com/a/user_image/1/4/5/AAakp_AAAVhR.jpg

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12-18-19 and 01-13-21: Times Donald Trump has officially been impeached.
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GrandConjuraton
02/24/22 11:15:38 AM
#22:


YourDrunkFather posted...
Someone should do the same with its president
"President"? God king emperor.

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Questionmarktarius
02/24/22 11:25:11 AM
#23:


Damn_Underscore posted...
Putin going to say that capitalism no longer works so they have to bring back the USSR
This, probably.

Zombie Lenin incoming.
https://www.youtube.com/watch?v=bBMeMrPuQyU
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kingdrake2
02/24/22 3:41:52 PM
#24:


thanks. i'll have to save it for later.

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wackyteen
02/27/22 1:44:53 AM
#25:


Up 20% today.

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Verdekal
02/27/22 1:46:40 AM
#26:


Putin is tightening his noose and this should teach China to fuck off from Taiwan.

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UnholyMudcrab
02/27/22 1:47:41 AM
#27:


Monday is gonna be a bloodbath

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#28
Post #28 was unavailable or deleted.
wackyteen
02/27/22 1:54:12 AM
#29:


Verdekal posted...
Putin is tightening his noose and this should teach China to fuck off from Taiwan.
Won't be surprised if China tries something still.

Kind of a 'Man, you suck, hold my beer' moment

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UnholyMudcrab
02/27/22 10:00:34 PM
#30:


Russian markets open in 4 hours and the ruble is down 35% so far.

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Eramir
02/27/22 10:05:35 PM
#31:


UnholyMudcrab posted...
Russian markets open in 4 hours and the ruble is down 35% so far.
Love it. Huge W for Ukraine
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nfearurspecimn
02/27/22 10:07:23 PM
#32:


Nukazie posted...
the economy!!
https://gamefaqs.gamespot.com/a/user_image/7/9/2/AAbXgnAACugo.jpg

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whitelytning
02/27/22 10:13:11 PM
#33:


I wonder what Putins reaction to this pressure is going to be.

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__aCEr__
02/27/22 10:19:09 PM
#34:


If the economy dies, the economy dies.

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Unsuprised_Pika
02/27/22 10:23:03 PM
#35:


wackyteen posted...
Won't be surprised if China tries something still.

Kind of a 'Man, you suck, hold my beer' moment

The world depends overall more on China then Russia economically I feel.

It's going to be harder to muster wide support for strong sanctions. We need to quickly increase EU, and US manufacturing capability for several key industries, and stockpile on various metals/minerals/fuels/etc.
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UnholyMudcrab
02/28/22 12:09:19 AM
#36:


They're delaying opening the exchange until 15:00 Moscow time. They scared.

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UnholyMudcrab
02/28/22 7:21:06 AM
#37:


And they decided to just keep the market closed the entire day

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Thompson
02/28/22 7:47:50 AM
#38:


UnholyMudcrab posted...
And they decided to just keep the market closed the entire day
Like pissing into a house fire.

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Thompson
02/28/22 10:41:44 AM
#39:


https://twitter.com/idreesali114/status/1498314796726374408

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s0nicfan
02/28/22 11:43:48 AM
#40:


FWIW it's actually having a tangible short-term impact
https://www.bbc.com/news/live/world-europe-60542877
More now on the news that the Russian oligarch and owner of Chelsea FC, Roman Abramovich, has been asked by the Ukrainian government to help find a "peaceful solution" to the war in Ukraine.

Abramovich's move is a significant intervention from a member of Russia's elite. We have been keeping an eye on other oligarchs and what they have to say.

The Financial Times revealed on Sunday that Mikhail Fridman, the founder of one of Russia's largest private financial institutions, Alpha Bank, wrote to London-based staff of his private equity company LetterOne that "war can never be the answer".

Fridman, who is worth an estimated $11.7bn (8.7bn), was born in the western Ukrainian city of Lviv and said: "I'm deeply attached to Ukrainian and Russian peoples and see the current conflict as a tragedy for them both."

Meanwhile, Oleg Deripaska, who runs the aluminium giant Rusal, took to social media to call for negotiations.

Deripaska, who has amassed a fortune of around $4bn (2.9bn) and was once described as "Putin's favourite industrialist", wrote on Twitter that "peace is the priority".

And Oleg Tinkov, a banker estimated to be worth around $3bn (2.2bn), took the most emphatic stance when posted a photo of his family to Instagram with the caption "we are against this war", adding that "innocent people are dying every day, this is unthinkable and unacceptable".

Forbes estimated on Thursday that 116 billionaires had already lost more than $126bn since 16 February, and Russia's richest man, Vladimir Potanin, personally lost $3bn in a single day's trading last week. Since then, the economic picture has worsened.

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wackyteen
03/02/22 8:48:44 AM
#41:


I heard the exchange is closed til March 5th?

If the US closed the stock market for a week, the world economy would effectively nuke itself

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JimRob
03/02/22 9:01:28 AM
#42:


https://youtu.be/kqDGL-KWiOY

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Thompson
03/02/22 9:01:30 AM
#43:


wackyteen posted...
I heard the exchange is closed til March 5th?

If the US closed the stock market for a week, the world economy would effectively nuke itself
It's true. The stock exchange is set to open on the 5th, but I won't be surprised if it stays closed for longer.
Russia's absolutely screwed and they know it.


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Thompson
03/04/22 4:56:54 AM
#44:


Apparently the stock excange will now remain closed until the 8th.
Perhaops it will never reopen?

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UnholyMudcrab
03/04/22 5:18:23 AM
#45:


What even happens when an exchange is closed for this long? Has this ever happened before?

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Kloe_Rinz
03/04/22 5:18:57 AM
#46:


russias suffered too much economic damage as is. they will become a third world country and theres no reversing this outcome anymore
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Nukazie
03/04/22 5:21:10 AM
#47:


gotta buy the dip

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Slayer_22
03/04/22 5:28:05 AM
#48:


"We're closed until the 8th."

"Closed until the 13th."

"We re-open on the 20th."

"Sorry, closed until the 31st of March."

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UnholyMudcrab
03/04/22 5:32:46 AM
#49:


Slayer_22 posted...
"We're closed until the 8th."

"Closed until the 13th."

"We re-open on the 20th."

"Sorry, closed until the 31st of March."
Update: New opening date will be the 31st of April. We promise this time.

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Imit8m3
03/04/22 5:32:58 AM
#50:


Nukazie posted...
gotta buy the dip
LMFAO.


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