So, once again you were WRONG when you said it was up since March. It closed at 2058.12 on February 24th (again, February, not March as you said).
Closed February 25th at 2470.48, and is now at 2184.43. So, it has recovered from it's bottom on February 24th, but is still down 40% over the last year and is down more than 9% from any closing price in March. Clearly, the Russian economy is booming. (that's sarcasm)
Ukraine is paying a massive price due to Russia. You know, the one firing the missiles at Ukrainian infrastructure. Of course, the 100,000 Russian casualties (and growing), along with thousands of lost tanks, armored vehicles, air craft, etc, and millions of Russians who have left the Russia suggest that Russia is also paying a massive price - even if you and Jimmy Dore are too stubborn or dumb to see it.
In 50 years Ukraine will be a thriving member of NATO and the EU. Russia will still be a third-world sh*thole, begging North Korea and Iran for assistance.
Three months from now Ukraine will be over
Because Russia will have given up? How about if Ukraine still exists on April 1st, 2023 you no longer post on LRC? Deal? Or, are you just spouting more idiotic nonsense based on Clayton "Where's Russia on this map?" Morris? What's really sad, is I think he's a f*cking genius compared to his wife Natalie.
It doesn't matter what THEY do...the cap applies to their customers. If Putler doesn't sell, he risks a backup of supply that can ruin half his pipeline inventory. You are acting absolutely brainless...are you drunk on Putin's cheap vodka?
Good article on the fight for Bakhmut. And Russia gives a 8.5 year sentence for airing BBC footage of the Bucha massacre. But Bari Weiss is posting about twitter shadow banning Dan Bonigno.
C9 gives off such negative and bad energy that I can feel it from here. And I'm probably at least a thousand miles away from him. This guy is fcked up.
You guys complain the videos and the articles are too long to watch and read.
Russian stock market having a better year in 2022 than NASDAQ
What point were you trying to make with the above post?
The sanctions imposed have hurt Europe far worse than Russia.
There was an immediate drop in the value of the stock market and the ruble when they were announced. Since then both hve outperformed the American market and dollar.
Meanwhile: Sat, December 10, 2022 at 8:48 AM·1 min read Dec 10 (Reuters) - All non-critical infrastructure in Ukraine's southern port city of Odesa was without power after Russia used drones to hit energy facilities, local officials said on Saturday, with much of the surrounding region also affected. "Due to the scale of the damage all users in Odesa except critical infrastructure have been disconnected from electricity," Odesa mayor Gennadiy Trukhanov wrote on Facebook. Odesa, Ukraine's largest port city, had population of over 1 million before Russia's Feb. 24 invasion. A statement posted by the city administration on the Telegram app said that Russian strikes hit key transmission lines and equipment in Odesa region in the early hours of Saturday.
You guys complain the videos and the articles are too long to watch and read.
Russian stock market having a better year in 2022 than NASDAQ
What point were you trying to make with the above post?
Lemmings whine that I spend too much time looking into this stuff (rather than their having to argue the points) -- then at the very same time claim I don't read and/or listen to the sources I post.
What point were you trying to make with the above post?
Lemmings whine that I spend too much time looking into this stuff (rather than their having to argue the points) -- then at the very same time claim I don't read and/or listen to the sources I post.
Lemmings whine that I spend too much time looking into this stuff (rather than their having to argue the points) -- then at the very same time claim I don't read and/or listen to the sources I post.
Now start the trail right after the Russian ruble and market tanked on the day sanctions were announced. How have things gone since?
let's see.
Ruble to $ tanks 3/7: one ruble = .007136$. Today? $.015944. More than double (not sure you can figure that out). Rate at beginning of year? $.0135.
MOE 2,470 March 7 2022. Now? 2,177.85. Down @12%.
Same period. Nasdaq 12,831 to 11,005. Down 14%.
Yeh
Those santions really crushed Russia.
God you are dumb
It's strange that you are using 3/7, since the MOEX was closed Feb. 26 to Mar. 23rd. So, you're picking a date when the MOEX wasn't even open. It's also suspicious that you are using the Nasdaq (which is a rather narrowly focused index), rather than something like the S&P 500.
Let's compare the effect of the invasion on various markets:
Now, the original point of mentioning the dismal performance of the MOEX was to highlight that looking at single metric (like the artificially inflated value of the Ruble) is idiotic. You seem to have missed this point entirely.
Here's another metric, car sales. In Russia, new car sales have dropped more than 60% compared to last year. That's not a sign of optimism on behalf of the Russia populace. I guess it's hard to be optimistic when your grandfather could get shipped off to war without any training and gear that wouldn't be fit for a paintball match.
And, here's THE definitive study on the effects of sanctions on Russia - even though it's been posted multiple times, I'm sure you haven't read it.
As the Russian invasion of Ukraine enters into its fifth month, a common narrative has emerged that the unity of the world in standing up to Russia has somehow