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

[fly high]

Blimey...icy slope. Will it hit 'my' 0.8 cents before Christmas?

From the video that was the magic number for total collapse. Maybe sooner than we thought.

 

[Eric the meek]

Blimey...icy slope. Will it hit 'my' 0.8 cents before Christmas?

It's almost as if.....as if......(I hardly dare say this) each time the central bank buys a load to prop up the ruble, a bunch of very naughty traders short the same amount of rubles, (taking out a loan to sell the same amount of rubles for less real money in the future).

Could the volumes really be enough to move the price? Imagine if they were. Those traders would be like pigs in shit. A one way bet to sink the ruble and Russia, make a fortune and save the world in one hit.

 

[raymondo]

It's almost as if.....as if......(I hardly dare say this) each time the central bank buys a load to prop up the ruble, a bunch of very naughty traders short the same amount of rubles, (taking out a loan to sell the same amount of rubles for less real money in the future).

Could the volumes really be enough to move the price? Imagine if they were. Those traders would be like pigs in shit. A one way bet to sink the ruble and Russia, make a fortune and save the world in one hit.

I wonder what percentage of the traders are Russians, in the know, trying to win back some money (no...I have very little idea about trading )

 

[happypig]

It's almost as if.....as if......(I hardly dare say this) each time the central bank buys a load to prop up the ruble, a bunch of very naughty traders short the same amount of rubles, (taking out a loan to sell the same amount of rubles for less real money in the future).

Could the volumes really be enough to move the price? Imagine if they were. Those traders would be like pigs in shit. A one way bet to sink the ruble and Russia, make a fortune and save the world in one hit.

So are hedge fund managers the good guys now ?

Strange days indeed...

 

[Triggaaar]

From the video that was the magic number for total collapse. Maybe sooner than we thought.

0.83 (120) was indicated as really bad for Russia, and 0.77 was indicated as the free-for-all. But they're estimates.

I'm hopeful, but I'm not holding my breath.

 

[Triggaaar]

It's almost as if.....as if......(I hardly dare say this) each time the central bank buys a load to prop up the ruble, a bunch of very naughty traders short the same amount of rubles, (taking out a loan to sell the same amount of rubles for less real money in the future).

I don't think that's what's happening.

 

[Eric the meek]

So are hedge fund managers the good guys now ?

Strange days indeed...

All they're doing is giving Russia a nudge over the cliff. Nothing wrong with that is there?

Save lives, stop the nuke threats etc. What's not to like?

 

[Eric the meek]

I don't think that's what's happening.

We may find out in due course !

 

[Eric the meek]

Wow. We're back down to 105.5.

 

[papachris]

When we plan a family holiday, one of our considerations is...might there be many Russians there? My wife would really rather not hear the language.

Living here in Estonia I totally understand where you are coming from

 

[A1X]

Cyprus may be applying to join Nato....

While this is a nice idea, I think we can safely say there’s a border dispute in Cyprus so this isn’t going to happen

 

[seagullwedgee]

Edit: calling @seagullwedgee - your presence is requested.

I’m down in Queenstown NZ near the South Pole and the internet is patchy at best. Their interventions tend to happen on Tuesdays, and this big one will inevitably increase their money supply, so their inflation and borrowing interest rates are now baked in to go even more stratospherically bad. Driving up to Christchurch for day one of the Test Match tomorrow, look out for 5 of us in Albion shirts and a mahoosive BHA flag.

 

[Eric the meek]

I’m down in Queenstown NZ near the South Pole and the internet is patchy at best. Their interventions tend to happen on Tuesdays, and this big one will inevitably increase their money supply, so their inflation and borrowing interest rates are now baked in to go even more stratospherically bad. Driving up to Christchurch for day one of the Test Match tomorrow, look out for 5 of us in Albion shirts and a mahoosive BHA flag.

Haha, Excellent.

Thank you for taking the time to post that. Tuesdays it is then. Enjoy the test match tomorrow. I'll keep a lookout for you all.

Will you be posting a comment on Friday like 'does anyone know a bar in <random place> that is showing the game', or are you confident you will have found one?

 

[raymondo]

I’m down in Queenstown NZ near the South Pole and the internet is patchy at best. Their interventions tend to happen on Tuesdays, and this big one will inevitably increase their money supply, so their inflation and borrowing interest rates are now baked in to go even more stratospherically bad. Driving up to Christchurch for day one of the Test Match tomorrow, look out for 5 of us in Albion shirts and a mahoosive BHA flag.

Have a great trip