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(Reuters)   Vladimir Putin celebrates his conquest of Crimea by watching the ruble plunge to an all-time low on fears of sanctions   (reuters.com) divider line 17
    More: Dumbass, rubles, Ukraine, Russians, punishments, Credit Suisse, state banks, RTS, bluechips  
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1091 clicks; posted to Business » on 03 Mar 2014 at 10:35 AM (25 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



17 Comments   (+0 »)
   
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2014-03-03 10:15:53 AM
I'd celebrate with another conquest.

img34.imageshack.us

ah Alina Kabayeva. The kind of woman a world leader should be having an affair with.
 
2014-03-03 10:39:42 AM
Thus lowering the price of Russian goods.  Cheap nesting dolls and fuzzy hats for everybody!
 
2014-03-03 10:39:51 AM
Come on guys. Nobody really thinks he intends to occupy the area permanently? At best he will leave behind some token troops. He is only doing this to collect a card this turn.
 
2014-03-03 10:43:25 AM
I'm a block from the NYSE. Every trader on the doughnut cart line this morning was talking about getting away from Russian positions as fast as possible.
 
2014-03-03 10:45:02 AM
Not sure what Russia's outstanding sovereign debt is, but this is one way to lighten the load. See "inflationary default".
 
2014-03-03 10:56:28 AM
They've been buying lots and lots of gold recently, more than doubling their reserves in the past couple of years.  Just some food for thought.
 
2014-03-03 11:42:48 AM
lower, lower!  I want to buy a few K of this stuff before he pulls out and/or peace happens.
 
2014-03-03 12:18:49 PM
I don't think they'll worry too much about this. Russia has been making some financial moves recently, almost as if they expected some turmoil to occur in the future.
 
2014-03-03 01:06:14 PM
Action, meet reaction.

People act as if the only way the States can exert control over people is by force. Hilarious!
 
2014-03-03 02:02:13 PM
rouble rubble?
 
2014-03-03 02:51:44 PM
This, obviously, is sour grapes by George Soros and the Stonecutters, who are pissed Putin has thwarted their plan to place Europe under the dominion of gay Kenyan Muslim aliens who eat white Christian babies for breakfast.

Not because Putin is capable of making mistakes and he just made a big one for which the Russian people will have to pay in money and lives.

Obviously.

/Your move, Vladimir Vladimirovich. Make it wisely
//The market doesn't lie about stuff like this
 
2014-03-03 03:25:49 PM
Kane needs Malta.
 
2014-03-03 06:53:35 PM
I'm buying some shares of RUSS ETF for shiats and grins.
 
2014-03-03 09:04:58 PM
You think Putin and his friends shorted the market?
 
2014-03-04 12:16:15 AM

yakmans_dad: You think Putin and his friends shorted the market?


Nah.  If you're going to go that route you don't fark your own shiat up, you fark the other guy's shiat up.

/Ukrainian market had an ugly chart even before Putin rolled
//take a look at the 1 month chart and then check the 3 year chart http://www.ux.ua/en/#
 
2014-03-04 02:34:01 AM

pkellmey: I don't think they'll worry too much about this. Russia has been making some financial moves recently, almost as if they expected some turmoil to occur in the future.


I read some oil futures article thingamajig yesterday that said there's been a major oil field discovered in the region. Add that to the past few years of disputes over pipelines and supply, and I feel like the region is a bubbling pot of energy disputes... so I can't say I'm surprised they've been positioning for a fight.
 
2014-03-04 03:05:59 PM
I wonder if he informed his oligarch buddies he was going to pull this.  Gangsters don't like it when they lose money.
 
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