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Topic: Russia's Stock Market Amidst War Against Ukraine - page 3. (Read 435 times)

sr. member
Activity: 2422
Merit: 357
And because of Russia’s stock market drops, some of the billionaires there have most of their wealth wiped out in just one day.

Source: https://www.bloomberg.com/news/articles/2022-02-24/russian-billionaires-lose-39-billion-in-a-day-on-ukraine-attack
That's the price they have to pay, I expect more losses in the coming days because again there will be no winners on any WAR.
Stocks are expected to get worst, their Central Bank already address this issue though they can't do that much because of many sanctions by foreign countries against Russia and billionaires are not exempted from that.


This isn’t Russia vs. Ukraine. This is Putin against Ukraine, as I see that Russians in Moscow have opposed the government’s decision to escalate into a war.
I salute those Russians who held a protest against the decision of their own government to declare a war Against Ukraine which already took many lives of civilians and even the soldiers. This must be stop because the worst is yet to come if this war stays longer.

hero member
Activity: 2254
Merit: 658
Looking for gigs
And because of Russia’s stock market drops, some of the billionaires there have most of their wealth wiped out in just one day.

Source: https://www.bloomberg.com/news/articles/2022-02-24/russian-billionaires-lose-39-billion-in-a-day-on-ukraine-attack

Either way, it’s an opportunity for others to buy those stocks while their value goes down. But in the long run, it’s the worldwide reputation of Vladimir Putin who is affected and may potentially see him as “Public enemy #1”.

This isn’t Russia vs. Ukraine. This is Putin against Ukraine, as I see that Russians in Moscow have opposed the government’s decision to escalate into a war.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
I can only say that I hope that this war will cost Russia dearly and that it will not recover for a very long time - because they did not deserve better than that. I feel sorry for ordinary people who will pay the highest price, and those who were caught protesting against the war last night - we must not forget that not all Russians want war, nor do they support those who have made the political decision to go to war.

On the other hand, it is nice to see that Bitcoin has risen by 10% in the last 24 hours, which is completely contrary to the announcements that a possible war will mean an even bigger sinking of the largest cryptocurrency. It will be interesting to see if the Russians will start investing more in Bitcoin now that their stocks and national currency will lose value on a daily basis.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
The shot below is the current situation of Russia's stock market while the war against Ukraine is on.
My honest question is, what does it profit a country to rise up in war against another country?
To me, this and many other stuffs happening around confirms what the book of revelation says that during the end, brothers shall rise up in war against brothers, community against community, town against town, state against state and countries against countries.

Here is the shot I wish to share

Its gamble to the part of Putin to take over the whole control fo Ukrainian borders and control all of its asset when they successfully invade this country. But looks like they are doomed with economic sanctions impose by USA  and other allied countries and might we can see more worse situation by doing this since provably Putin will take action towards what sanction impose on them by other big countries.
full member
Activity: 2352
Merit: 245
It's because Putin's ego, and he is willing to put everything in line here just to win the war. As someone said, no one really wins here, it's brother to brother and yet Putin didn't think about the consequences. For him Ukraine should be annex by Russia and they don't want NATO or any other countries in the West ally with Ukraine. US and EU quickly imposes sanctions against the country in response to his attacks. As for the stock markets, yeah, it's obviously any country that is involve will suffer.
Here the possibility of Ukraine's accession to NATO is not of such decisive importance. Putin wanted to unite the former republics of the USSR under his control. But he can't say it directly. Therefore, a far-fetched version was put into play that if Ukraine joins NATO, it will be a direct threat to Russia, since NATO's borders will come closer to Russia. However, Latvia, Lithuania and Estonia are already members of NATO and border Russia. Putin specifically twists the history of Russia and the history of Ukraine.
On the territory of Ukraine in the ninth century a powerful state was formed - Kievan Rus with a center in Kiev. The Russian tribe also lived on this territory. Therefore, the name Russia comes from a word that has Ukrainian roots.
Only the Moscow Tsar Peter the Great at the turn of the 16th - 17th centuries introduced the name "Russia", which was previously called Muscovy. By the way, the first mention of Moscow was in 1147, when the Rostov-Suzdal prince Yuri Dolgoruky, one of the princes of the already decaying Kievan Rus, invited another prince Svyatoslav Olgovich to his village of Mokva (then Moscow was still called Mokva). Therefore, Ukraine can now present territorial claims to Putin and claim territories, including Moscow. These are the original territories of Kievan Rus.
Putin raves about greatness, including the greatness of Russia, and for this he needs to have Ukraine in its composition and claim the former greatness of this state as the history of Russia, not Ukraine.
legendary
Activity: 1372
Merit: 2017
My honest question is, what does it profit a country to rise up in war against another country?

It is a fallacy to look only at the short-term performance of the stock market. As mk4 said:

I think it's pretty simple — a country goes to war against another country simply to gain access to one's resources, or simply to show power and authority.

I doubt very much that Putin's motives are economic and short-term. He knows that the only reaction from other countries will probably be in the form of economic sanctions, and yet he has gone ahead. This has more to do with a delusion of grandeur than with the stock market rising.
legendary
Activity: 3080
Merit: 1353
It's because Putin's ego, and he is willing to put everything in line here just to win the war. As someone said, no one really wins here, it's brother to brother and yet Putin didn't think about the consequences. For him Ukraine should be annex by Russia and they don't want NATO or any other countries in the West ally with Ukraine. US and EU quickly imposes sanctions against the country in response to his attacks. As for the stock markets, yeah, it's obviously any country that is involve will suffer.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
I think it's pretty simple — a country goes to war against another country simply to gain access to one's resources, or simply to show power and authority.

As for Ukraine's stock market.. well I could say that I've never seen that much of a drop in one single day. Shouldn't really be a surprise though, the country's at war, and we don't even know when these businesses could start operating normally again.
legendary
Activity: 2506
Merit: 3645
War is always an exploitation of the weakness of one of the parties, and then the other party exploits those points to gain political or economic gains.
It seems that Russia has been planning to occupy these areas for a long time and therefore it has found a suitable opportunity.
Generally, all losses can be compensated by the exploitation of those resources.
legendary
Activity: 994
Merit: 1267
Lightning network is good with small amount of BTC
My honest question is, what does it profit a country to rise up in war against another country?
Nothing than power.

Cryptocurrencies and stocks falled, only crude oil was reported to increase in price after Putin decleared invasion.

Russia started this, not comfortable with Ukraine that want to join NATO. Vladimir Putin decleared invasion earlier today and promise demilitarization and denazification of Ukraine. Absolutely, what Russia is planning is to control the whole of Ukraine in a way the country will depend on Russia for military and this will be after Russia plans are successful by eliminating the Ukraine government and ruling Ukraine. But let us see if this will be possible.

But this has caused people dead in Ukraine and many are running away from the country. Many European leaders and Australian leader have considered what Russia is doing to be highly inappropriate and they have begin to sanction Russia, but this will not do it alone, Ukraine needs NATO military presence in their country.
hero member
Activity: 1694
Merit: 722
Leading Crypto Sports Betting & Casino Platform
Rising up in war against brothers is a good point actually, I leave the war started for nothing and none will get profit out of this between these two counties who are directing participating this war. Stock markets will fall during this time especially the centralized markets in these two countries while I heard many people are trying to take cash from the banks in Ukraine and leave this country as soon as they can, while the government ordered the banks to do not give any cash to people(a Ukrainian friend of mine told me that.) also the other problem in Ukraine is about finding gas stations. All these bad situations will affect these two countries in the long term while other countries like China are taking benefit from it.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I think profit from wars and winning a war is a long debated topic.

No one really wins a war, there's tremendous loss of life on both sides, tremendous financial costs and not much to actually gain - it's why everywhere has been quite peaceful for so long.
legendary
Activity: 2380
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
The shot below is the current situation of Russia's stock market while the war against Ukraine is on.
My honest question is, what does it profit a country to rise up in war against another country?
To me, this and many other stuffs happening around confirms what the book of revelation says that during the end, brothers shall rise up in war against brothers, community against community, town against town, state against state and countries against countries.

Here is the shot I wish to share


Screenhshot Source: Telegram
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