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[Politics] Russia invades Ukraine (24/02/2022)



Eric the meek

Eric the meek

Fiveways Wilf
NSC Patron
Aug 24, 2020
7,466
essbee1 said:
Eric, please keep us in touch with developments. There's nothing better than watching a house of
cards fall apart when you know it's going to really hurt (in this case that b*stard P****n).
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I need to see and understand more trades, but what I have seen so far, is coordinated trades to counteract interventions by the central bank of Russia to prop up the ruble. Any injection of cash by the central bank, seems to be matched by a counter trade to produce commensurate downward pressure on the ruble.

I just don't know what the volumes are. Or what they would need to be.

But I have a suspicion that the US is using its economic might, to bring down the ruble, and therefore Russia.

Usual caveat - I could be wrong.
 






Triggaaar

Triggaaar

Well-known member
Oct 24, 2005
53,624
Goldstone
Eric the meek said:
Half joking. I'm not talking about the end of the war. Just the ruble.
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Ok, thanks for the clarification. The ruble will still be with us for some time. Maybe it'll just be printable Monopoly money for Putin to pay soldiers though.
 
























peterward

peterward

Well-known member
NSC Patron
Nov 11, 2009
12,378
Eric the meek said:
108.7.

The Americans aren't even online yet.
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If only the message could get out in Russia that the ruble is collapsing and you're gonna lose all your money.

Cue: panic withdrawals, run on banks!

It's the sort of stuff Russia do in West non stop, try and widen social cracks with disinfo, like in Southport or bed bugs in Paris etc.

We really should find ways to similarly create cracks or cause panic in Russian population.
 


Igzilla

Igzilla

Well-known member
Sep 27, 2012
1,719
Worthing
Eric the meek said:
108.7.

The Americans aren't even online yet.
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Xe.com now showing it at 106.5. This time last year, the rouble was bumping along at around 90. So in 12 months, it's lost 17% of it's value (to be generous). This bakes in that level of inflation for pretty much any imported product or commodity (as it's lost similar to the yuan). I wonder when the Central Bank will have to hike interest rates again...
 


Eric the meek

Eric the meek

Fiveways Wilf
NSC Patron
Aug 24, 2020
7,466
peterward said:
If only the message could get out in Russia that the ruble is collapsing and you're gonna lose all your money.

Cue: panic withdrawals, run on banks!

It's the sort of stuff Russia do in West non stop, try and widen social cracks with disinfo, like in Southport or bed bugs in Paris etc.

We really should find ways to similarly create cracks or cause panic in Russian population.
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Absolutely. 100%.

One day, (not today), I intend to go through that article and compile a list of what Russia does in terms of disinformation. Its really quite extraordinary. Malign doesn't begin to describe it.
 




Eric the meek

Eric the meek

Fiveways Wilf
NSC Patron
Aug 24, 2020
7,466
When the market opened this morning, it spiked up from the overnight close of 105.5 to 108.7.

I have often been sat watching as our stock market opens at 8am. There's always a flurry of activity and then it quickly calms down. These are the automated trades from overnight being executed.

So when I said '108.7. The Americans are not even online yet', I may have misled you a bit.

But it doesn't change the fact that those trades took the rate down by 3.2 Rubles.
 






A1X

A1X

Well-known member
NSC Patron
Sep 1, 2017
20,806
Deepest, darkest Sussex
Eric the meek said:
I can't do it. I ate all my popcorn last night. I promised them I wouldn't get excited again today.
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Your popcorn stocks have tanked almost as fast as the ruble
 






R

raymondo

Well-known member
Apr 26, 2017
7,663
Wiltshire
peterward said:
If only the message could get out in Russia that the ruble is collapsing and you're gonna lose all your money.

Cue: panic withdrawals, run on banks!

It's the sort of stuff Russia do in West non stop, try and widen social cracks with disinfo, like in Southport or bed bugs in Paris etc.

We really should find ways to similarly create cracks or cause panic in Russian population.
Click to expand...
As the Dane said... we're too polite!
 


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