Ukrainian War Developments

xypher said:

No, it is far too early, they will keep falling. I already consider 10% of my portfolio (the rouble part) as lost.

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Agreed. Russian economy still has a long way to go until it reaches the bottom. New sanctions will.come which will tank the stock market even more

xypher said:

The rouble is still falling despite Russian Central Bank interventions. I expect it to reach 100+ by next week, the Russian economy is a goner.

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Russia has very little foreign debt, with current account surplus and big FX reserve. most exports: oil, gas, minerals, weaponry are priced in hard currencies, little impact of the depreciation.

9dashline said:

So Russia didnt have in place circuit breakers? In US its impossible for stocks to drop 50% in a day, once it goes over 15% trading halts

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Saint-Petersburg exchange is shut down, Moscow Exchange suspended trading for 2 hours and even now only works in a limited fashion - only some funds and currency markets are available. All short positions are prohibited by Central Bank. It does not matter, the exchange will reopen with massive drops anyway. It is not some unjustified panic, it is full-scale military action. Even when the war is over, there will be further massive drops for both the rouble and the Russian stock market after the sanctions are announced.

Zichan said:

That must be some weird "Nazi" government then. The president and the prime minister of Ukraine are Jewish.

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They are neo-nazis. There is nothing sensible about neo-nazis. They had a gay one in the Netherlands.

Anlsvrthng said:

Act what ?
Start a nuclear war ?

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So, do you think that Putin will start a nuclear war over Poland?

Crang said:

Now I envy @B.I.B., at home in NZ just milking his cows in his dairy farm.

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Yup. If this war drags on, it could affect the grain production of which a sizeable amount is sold as animal feed to Europe. Shortage of feed in Europe means higher dairy prices for me.

xypher said:

So, do you think that Putin will start a nuclear war over Poland?

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I don't think that the USA will start a nuclear war to protect Poland.

Also interesting ...

Deino said:

Oh come on ... to call anyone - especially the government - a Nazi regime whenever you don't like it or want to have an excuse is lame.

Do you know how often I am accused of being a Nazi in different forums, whenever they lost any arguments?

I don't want to deny such idiots in Ukraine, but just look at the USA, France, ... and in Russia itself, such retards are everywhere and not every government therefore is "neo-nazi infested"!

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Ever heard about the Azov Battalion? Even heard of Stepan Bandera the Ukrainian national hero post Euromaidan?
The Azov Battalion was merged into the National Guard of Ukraine. Which is funded by the government.
They are part of the government.

LesAdieux said:

Russia has very little foreign debt, with current account surplus and big FX reserve. most exports: oil, gas, minerals, weaponry are priced in hard currencies, little impact of the depreciation.

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These are all fair indicators during peacetime but this is war now - that alone is a large deterrent but there are also looming sanctions.