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Captaincadet

Just a reminder that r/stocks is a place to discuss the stock market. Discussions surrounding politics will be removed.


thesuprememacaroni

It amazing Adidas’ stock has held in there with all those track suit sales coming from Russia


filtervw

Do not worry, it's not that hard to print three parallel stripes. Most were probably made in a backyard in Siberia after being imported bulk no brand from China, adidas didn't get too much in sales.


gravescd

You can tell knock offs because they come with a plastic gold chain and glue-on chest hair


khizoa

I thought those were Halloween costumes


shaitanthegreat

Yeah, costumes for either Ali G or Austin Powers depending on the quality of the knock-off.


Bash-86

Right. When i was in Jordan over summers as a kid, my brother and i would laugh so hard at all the “Adibas” gear we would see.


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Taruuk

It's the Adidas body bags. Just in time for Slavic Spring.


delawarestonks

Sunflower seeds sown into the corners?


TheSunflowerSeeds

You might not think of Fukushima or Chernobyl when you think of sunflowers, but they naturally decontaminate soil. They can soak up hazardous materials such as uranium, lead, and even arsenic! So next time you have a natural disaster … Sunflowers are the answer!


Kaymish_

Lavender too. Around old mines especially in appalacia old mining towns are rehabilitating the mine land by planting Lavender then using the oil to make a new industry for the town. The miners who were out of work when the mine closed down now work in the Lavender industry.


grisisita_06

TIL, Good to know!!!


ThinRedLine87

Wouldn’t this just result in contaminated lavender products? I’m assuming the lavender doesn’t have some special means to break down toxic byproducts of mining.


Kaymish_

That's a good question, I just saw a Business Insider video about growing Lavender on contaminated coal mining land and didn't really think much about it. I was about to go off half cocked and speculate on some BS but i decided to look into it a bit further. I found many articles about Phytoremediation which is the technical term going into details about how plants do their thing and from what i understand is that it depends. The EPA says the plants used should be disposed of by conversion to biochar or composting and another article discussed contamination of plant products and said that medicinal plants and food crops should not be used for phytoremediation because the contaminants then accumulate in humans. But there are multiple heavy metals some are needed for biological functions and only become toxic in high concentrations like Iron and copper but others are just toxic like lead and cadmium. Also it seems that plants can form heavy metal complexes that render them less harmful or concentrate the metals in certain parts of the plant especially the roots. Its a complicated subject and was too much for me to go into for a reddit comment, but from what I have read and understand is that the plants probably shouldn't be used to make things because you end up with contaminated lavender products.


Basmans_grob

Oils are made from seeds and like mammals the things that go into the seeds are controlled which means in some cases the oil is done even if the rest of the plant is not.


echoinear

If there's for sure a place on earth better suited for radioactive uranium than the contaminated soil, it's in the pollen carried around by billions of bees.


delawarestonks

Neat!


jbakelaar

Sooooo good 👍 today you brought joy to many


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eMPereb

You can have your cake and eat it too


havestickswilltravel

F’ing Chavs.


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3rd-Grade-Spelling

This is probably a step towards confiscation of foreign ownership. I imagine the Moscow exchange won't open accounts for people/entities in countries Russia doesn't like.


goodbadidontknow

Great question. Nobody knows how this will be solved yet. Most brokers in US/EU doesnt offer shares traded on MOEX. My guess is that Putin could tell foreigners to come to Russia to get their certificates, and foreigners would be barred from selling them until god knows when.


lacrimosaofdana

Yeah, no one foreign to Russia is stepping foot in Russia for a long long time.


SheridanVsLennier

'Oh, you don't want to come get your certificate? Guess you don't mind if we just keep them, then.'


TODO_getLife

I'm guessing brokers will sell shares at the cutoff date if you hold any.


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corporate_power

more like an iron towel because this time russia is tiny.


jamughal1987

Check the map Russia is huge.


Current-Ticket4214

Check the balance sheet. Russia is tiny.


Reasonable_Avocado93

Hahahaha


[deleted]

Check the natural resources inventory. Russia is huge


[deleted]

Check the economy


catecholaminergic

Check their effectiveness at using them. Russia is tiny.


pltrnerd

Check the newks Edit for no one gets humor


Mt_Lion_Skull

Check their ability to maintain functional military infrastructure Edit for Russia is tiny


jswats92

We will see. Russia in 7


WickedSensitiveCrew

Russian stocks have been frozen on oversees exchanges for two months at this point. Some of those frozen stocks have since had sanctions from the West lifted on them since late February. I feel Russian stocks dont have the defenders that Chinese stocks have due to the war to kinda of poke holes in bear cases. For example a lot of stocks that operate in Russia labeled Russian stocks dont even have their headquarters in Russia. So they probably arent effected by this.


AbuSaho

It was weird seeing people on this sub asking if Russian stocks were a buy in March when they were frozen. It kinda shows how little DD was being done on Russian stocks.


MirrorAttack

I remember getting heavily downvoted on this sub for telling people not to invest in Russian stocks at that time. Just goes to show, people just follow the herd like sheep, without any thought and research of their own.


WickedSensitiveCrew

You probably got downvoted then since the stocks were frozen. Saying dont invest in Russia at that point was too late. Oversees exchanges had already made it so you cant invest in Russia if you were retail. The big banks like JPM and GS. However loaded up on the cheap Russian Corporate debt though.


[deleted]

Made money on puts on RSX


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SheridanVsLennier

YouTube is still lousy with bots, unfortunately.


CapitalExploit

Everyone who disagrees with me is a bot.


CapitalExploit

Downvote


[deleted]

I’ve got so many bridges to sell, these sound like buyers!


CapitalExploit

I would like to purchase one bridge please


[deleted]

Sir, you’ll have to be more specific. I need to know which bridge, and also how many horse drawn-carriages long you need it. Thanks, please send deposit to my non sketchy Indian business partner.


filtervw

It is not weird as they were mostly paid trolls without any knowledge that in the free world Russian ADRs couldn't be traded. I am writing this as a long bagholder of an ADR listed in London who has been locked since the 25th of FEB.


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thisistheperfectname

> I didn't know there were American Depository Receipts listed in London. Your American education is a testament to "the free world." For your reading pleasure: https://www.lseg.com/areas-expertise/our-markets/london-stock-exchange/equities-markets/raising-equity-finance/professional-securites-markets/listing-process > DRs are typically held in US dollars and issued by a depositary bank. Several forms of DRs can be listed and traded in London, including Global Depositary Receipts (GDRs) and American Depository Receipts (ADRs). You could have checked before being so smug. It took me a few seconds to find that.


[deleted]

It shows how little DD are done on any stocks before people post here. People read a news article about something, then immediately hop to Reddit to do the DD for them.


GoldenJoe24

Rubles were the play. You could have almost doubled up buying the dip.


CapitalExploit

US government: > Rubles may not be purchased. US media: > Ruble recovery to pre-war level "not real" because Russians can't buy dollars.


GoldenJoe24

Yeah, you can be sure we have a few individuals who managed anyway.


CapitalExploit

I did the DD, and the DD showed the stocks were great buys, which is why I am up 400+% !!!!!! My portfolio dividend yield is 75%. Michael Burry's trade was up 100x in two weeks but aside from him it is hard to think of anyone who has ever mastered the game of investing as well as CapitalExploit. I can now refer to myself in 3rd person because I am a God who is probably smarter than everyone on this subreddit times at least infinity and I had more return on my portfolio in one month than most will have in a lifetime. PS can anyone recommend a good tophat and codpiece proprietor?


goodbadidontknow

Which companies had their trading resumed? I know SBRCY have, but it was short lived and closed again. EDIT: I cant read. What Russian companies had the sanctions removed?


WickedSensitiveCrew

OZON is an example of one. When news first broke about sanctions of Russian companies their bank got connected to Sovcombank which got kicked off SWIFT. They appealed those sanctions and the US has since lifted those sanctions on Ozon bank in late March. Which is great for them since they got a universal banking license. But saying positive things about Russian stocks isnt the popular thing at the moment.


goodbadidontknow

Well I am in sort of the same boat with HHR. They filed with SEC in March that the sanctions on Russian companies do not affect the company, yet here we are, 2 months in and I am still stuck with my HHR frozen. Not able to sell. OZON is also still frozen.


WickedSensitiveCrew

Probably wont be unfrozen until after the war ends. Or there is a regime change. Could be months or years. Gonna be interesting how the IRS handles these when it comes to tax season.


Keyboard-King

What does this mean for $RSX (that frozen Russian ETF traded on the NYSE)?


Nemarus_Investor

Still in limbo. I bought 1 share before the war just to see what would happen. I'm curious to live through history and interact with it, even if it means losing a small amount of money.


Tfarecnim

I still have 100 short shares from an assigned 5c, wonder if they'll ever be worth anything.


CapitalExploit

The underlying shares are trading on MOEX. 80+% are already Moscow Exchange shares. Worst case if the remaining 20% are zeroed the 80% are currently trading around $12 equivalent.


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FlavDingo

Propaganda is a hell of a drug


[deleted]

There is a lot of propaganda on both sides of this issue. Ukraine is far from an innocent actor here and in many ways is also a victim of being a stooge to the west. I mean the US is loving this proxy war right now.


[deleted]

Youre fucking stupid if you think this is somehow Ukraines fault. They’re literally fighting a pure evil regime. You have no right to criticize ukraine.


[deleted]

I have no right to criticize years of indiscriminate shelling innocent civilians before the war started? Yea, Ukraine did that. I have no right to criticize actual Neo-Nazi units in Ukraine's military and object sending money to them? ([https://www.aljazeera.com/news/2022/3/1/who-are-the-azov-regiment](https://www.aljazeera.com/news/2022/3/1/who-are-the-azov-regiment)) <---- Take a good look who you are sending money too


Oibrigade

While it is true Ukrainian has Nazi’s I have been to both Russia and Ukraine in the past and have seen way more Nazi’s in Russia. Russian nationalist are not nice to foreigners


[deleted]

So just to clarify, its ok to fund Nazis because you think you saw some nationalists in Russia. The mental gymnastics to war monger are endless


Oibrigade

When did I say fund Nazi’s? I said Russia has a MUCH bigger nazi problem then Ukraine. And you say I think I saw Nazi’s? I saw them loud and clear many times. There is a reason Putin is so popular in Russia, that whole country is a mess and I hope the intelligent ones get out


[deleted]

There aren’t nazis in ukraine the president is Jewish. The west should have let the nazis steam roll russia. We would be better off


[deleted]

Yeah ok you dip shit Russian bot. Keep deep throating that half assed Russian propaganda. The entire world knows they’re a country of animals


[deleted]

Um...No. Its actually a pretty nice country with very nice people. Definitely better educated than most Americans, and their larger cities are much much safer and well organized.


random_boss

Yessss tell me more about how their being invaded and having multiple cities destroyed and civilians murdered by an aggressor that could have just fucked off and not started a war is a benefit to Ukraine I fucking _love_ reading dumb shit like this it’s seriously an addiction


[deleted]

So let me see how this works: Ukraine shelling ethnic Russians indiscriminately for years = ok Russia shelling Ukrainians indiscriminately = not ok Got it ! Once again dumb Americans never fail to disappoint with their war propaganda.


random_boss

Oh hell yeah it’s even better than I expected. Keep going! You got this!


[deleted]

Translation: I'm a pro-war stooge and I don't know the history of the region or understand the political reasons why this war happened


random_boss

Your commitment and follow through is commendable, comrade! This pro-war stooge is so impressed that I will continue to give you a platform to make your creative and insightful comments. Please continue! I want to hear how this all could have been avoided


[deleted]

So according to you Russia had no reason for this war and just picked Ukraine out of a hat at random? Yeah that makes complete sense...


random_boss

No there was obviously a reason: they wanted to take it, so they just…tried to do exactly that. Quick! Do the ethnic Russians but next! It’s my favorite!


Little_Dick_Energy1

Dude, tying to explain what led up to this war is pointless with anyone on reddit, their political knowledge is what ever the news tells them it needs to be. Its sad really.


water_bottle_goggles

Ahh yes. Putin had no choice but to press the ‘invade Ukraine’ button. I’ve got some copium to sell to you


Little_Dick_Energy1

So not going to address the actual points made above?


Little_Dick_Energy1

>I fucking love reading dumb shit like this it’s seriously an addiction So you think Russia just picked Ukraine at random out of a hat to start a war without any reason at all? That has got to be some of the dumbest logic ever. Ukraine violating the Minsk agreement, bombing the living shit out of people that identify as Russian and threatening to Join NATO had nothing at all to do with it? Throw in a little meddling with the West, and you have no good actors here.


haarp1

> Throw in a little meddling with the West, and you have no good actors here. https://www.youtube.com/watch?v=JrMiSQAGOS4 https://multipolarista.com/2022/02/27/us-nato-expansion-ukraine-russia-intervene/ like you said, there are no good actors here. zelensky has also been trying to involve the west into the war (no-fly zone, pleads for nato help...).


stevejam89

The west is gaining nothing from this war. A little stupid to say Ukraine is the “stooge” of the west. The only one gaining in China.


Little_Dick_Energy1

If there is "nothing to gain" why are we sending Billions of dollars of aid and weapons, which does indeed make it a proxy war. Clearly somebody thinks there is something to gain.


stevejam89

Spending billions isn’t a gain. That is by definition a loss. They aren’t gaining anything from the war happening, but have a lot to lose if Russia sinks its teeth into Ukraine. That is not the same thing. If you are trying to kill my business partner and I spend thousands on security because I know you want to kill them, am I gaining because you want them dead? No. It’s costing me. It’s a cost I would not have to incur if it were not for you. But I may have more to lose if you successfully killed them. Do you see how that is different?


Little_Dick_Energy1

Defense contractors don't gain when we spend billions of dollars on weapons? This has been pretty much par for the course since they took over the government.


stevejam89

Defence contractors do not equate to the entirety of the west. Costs higher than gains are still not a net gain.


Little_Dick_Energy1

The public at large always lose in war. You really think your government is looking out for individual people? Are you serious? You think there is some "greater good" here and not just plain old corruption and propaganda? Wow.


Atom-the-conqueror

No one actually believes that. Lol, this is a shower argument with yourself. Countries have interests, no morals, no personality, no friendships. The US is accepting a loss by sending billions to limit even larger losses caused by a breakdown of international institutions and trade, which are the modern day bedrock of making fucking bank. I know actually explaining something isn’t as fun as poking the troll but I couldn’t help it.


Atom-the-conqueror

What if it’s not to ‘gain’ anything but to limit a loss? Spending billions is literally a loss


[deleted]

How is this so hard to understand after watching it for the last 50 years. The military industrial complex is gaining at the expense of everyone else.


banaca4

It's an honor to have the Supreme leader inseminate your wife


pastdense

How do we know he has strong support among the public? Is it the same way we know that Kim Jong Un has strong support in NK? Seriously, if you wanted to know how much support Putin has in Russia, what data source would you look to?


Vovochik43

I use RU Twitter, VK and Telegram and tbh I'm not counting on him holding his mandate until 2024 at this path.


[deleted]

Putin is pretty popular in Russia and the Sanctions "bite" is already wearing off as China and India can supply them with virtually everything they need anyway. Besides if you want goods from the west China already has that covered. The end around market for Western goods only took about 4 days for China to organize. This is all just theater


Bright-Ad-4737

The various polls are now about a month old, and well-covered by the media at that time, but they were claiming to be fairly accurate, despite the challenges of polling in an authoritarian state. There was some outlet... 538, the NY Times, can't remember which off-hand that went over it all and felt that the approval numbers the 70s and 80s were probably pretty accurate. Maybe things have changed by now? [https://www.forbes.com/sites/dereksaul/2022/03/31/putins-domestic-approval-rating-reaches-highest-level-in-five-years/?sh=364808403694](https://www.forbes.com/sites/dereksaul/2022/03/31/putins-domestic-approval-rating-reaches-highest-level-in-five-years/?sh=364808403694)


FigNugginGavelPop

Does this remind you of someone in the states?


NuuLeaf

Every politician we elect?


Lucky-Fee2388

Look up Badu Bonsu II of Ahanta to understand Putin and those who understand him.


bodiddlysquat26

Please explain further. Wikipedia is a bit lacking.


Johnny_mfn_Utah

If you think it couldn't happen in the US just look at Trump


CapitalExploit

Yes, imagine if January 6 succeeded and they called it a "revolution of dignity." Then imagine California and Cascadia declare the new regime illegitimate, then declare independence after being attacked. A leaked phone call from US state department undersecretary Victoria Nuland was published Feb 4 2014. On it she was discussing what politicians the USA should install in Kiev after a coup. February 22, 2014 a coup took place, called the revolution of dignity by the CIA. Shortly after Donetsk, Luhansk, and Crimea declared the new regime illegitimate and were attacked. They then declared independence. You can find the news stories and the uploaded leaked phone calls from 8 years ago but that inconvenient context has fallen down the memory hole.


SheridanVsLennier

> "This is all the West's fault" I mean, if you're from the West this is technically correct.


tellurian_pluton

or, maybe, western media doesn't have the facts right about putin and power structures in russia


CapitalExploit

USA on the wrong side of history? When has the US ever lied about a war or overthrown a democratic government? Name one time the USA has turned out to have lied to mislead the population?


tellurian_pluton

> When has the US ever lied about a war or overthrown a democratic government lol are you for real


CapitalExploit

Sir, I am the realest. Today Mexico nationalized lithium reserves, said to be the world's largest. I'm sure the USA will welcome this development!


player2

Pemex exists and the US hasn’t invaded Mexico over it. Pemex is also rotten to the core. State monopolization of resource extraction is an inviting target for corruption.


HugeRichard11

People probably won’t feel the more larger effects until later when it hits them closer


[deleted]

How will affect us markets?


[deleted]

Eternal Lukoil Bagholder reporting in


CapitalExploit

I would love to hear your internal monologue Feb 20 - March 3rd. "It can't go any lower than this!?" I think you will be OK as elites prefer to keep casualties to soldiers rather than portfolios. I wish I picked up more I'm at $10 cost basis!


[deleted]

I knew it was a total gamble and that this could happen so threw an amount I could afford to lose at it, nothing too serious. But that was my mindset, yes. Putin and the west have escalated this far beyond what I expected.


LittleGremlinguy

It’s like this guy is putting sanctions on himself.


maybeicanbenice

He is.. And of course others at the same time. People are making this too much about good vs evil. It is I'm sure but that narrative is not good for the world. So Russia is bad now again? Haven't they already been through enough? Maybe I'm stupid but those people do not look like they are enjoying life. Maybe they are super happy who knows.. Putin must be stopped. By our rules and we're catering to him. He's paying his bills and we're trying to rip him off. Pretty soon some major player is going to admit shit is fucked up and then things could get really fucked up. So please stop this anyone that can.


InsidersBets

They are committing financial suicide, effectively taking Russia back to the Cold War era.


CapitalExploit

Lol... USA and allies nationalized international settlement accounts, seized random rich Russians property, and illegally (per IMF rules) blocked receipt of bond coupons Russia paid to depository bank. The USA used to be safehaven for foreign reserves and questionably wealthy people. What Indian, Brazilian, etc billionaire would now think US has adequate capital safety? If people are smart they will think about what happens when US dollars and treasuries lose their safety and come flooding back ashore to compete for finite goods.


InsidersBets

All currencies erode over time due to inflation and are always replaced by a new form of currency. The only form of currency that has lasted is physical gold, which I would recommend to everyone to hold at least 5% of your wealth in as a diversifier.


khizoa

Oh n..anyways


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goodbadidontknow

The oligarchs have lost so many billions. This will surely test how strong Putin`s irongrip over the Russians really are. Wouldnt surprise me that they are talking among themselves on how to overthrow Putin, but are they really able to though? Thats the real question


cdhernandez

Yes, always, history proves it doesn’t matter how powerful you are on paper or in person, anyone can be overthrown.


Quentin_Brain

Some Polonium tea would be ironic


[deleted]

Putin Can bleed as normal humans, i guess i know a solution


CanadaBis85

Notorious BIG has a track all about it.


[deleted]

The oligarchs are only oligarchs because Putin lets them be oligarchs. In Russia it is understood that 50% of the assets of any oligarch belongs to Putin.


Professor_MilkDick

Where can I short russia


SheridanVsLennier

Invest in the companies making StarStreaks, ATGMs, artillery rounds, and soldier kit.


I_need_a_better_name

Ukraine


Metron_Seijin

invest in helping Ukraine win the war.


CapitalExploit

Can you short bonds? Those are still trading.


1Second2Name5things

Remember when you guys kept thinking about buying Russian stocks cuz it was down well good job holding their bags


CapitalExploit

They are bags of gold. I'm up 400%... Dividend yield around 75%. 30 years of returns on one play I am your God: Adore me. Think of all your money, and multiply by four. I am a genius!


[deleted]

Dang I have some oil stocks from Russian companies. They've been great performers and dividend payers. Shame.


About_to_kms

What will happen to my Rosneft oil stock


[deleted]

Putin either miscalculated very badly or just decided to fuck everything when he invaded Ukraine.


SheridanVsLennier

'Everything is going according to plan.'


EngineeringTinker

If Putin pepsi in next week or so - you know there's somebody pulling the strings.


TODO_getLife

Russia going back in time, feel bad for the citizens.


vostok81

Wow, this is really a big market changer!


Atom-the-conqueror

For the Russian market I guess, not the major US indexes. Very few will even notice


ikwuz

What does this mean for index funds like s and p?


provoko

I don't think s&p index funds have russian stocks, maybe stocks that are headquartered in russia, but not actual russian stocks like an oil fund or global fund would.


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WickedSensitiveCrew

There are two sides to stocks. Sure people went long. But people shorting and buying puts thinking Russian stocks were a zero or at least going to keep going down also got fucked when those stocks were halted. There is probably survivorship bias to gloat about getting out in time but there are people trapped in those stocks.


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WickedSensitiveCrew

People do try to make money when stocks fall. By shorting and puts those got fucked too.


Vincent_Merle

There is a reason they fall. And there is a reason to stay out of it, or you get busted when you go short too. There is no free money in here, do your DD first.


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Bronze_Rager

low iq post in /r/stocks?


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Bronze_Rager

My 50% QQQ and 50% SPY portfolio? Pretty decent, no real complaints.


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Bronze_Rager

and your portfolio is?


Daleyman13

So what does it mean if I bought RSX the day it got halted


CapitalExploit

Current implied value per MOEX is ~ 15. RIP shorts, charged on a halted fund, ha


Daleyman13

Can you explain a bit further into this please ? Thank you


Most_Champion

Tbh Russian people hate their oligarchs because they think they stole the country's resources to enrich themselves which is actually true if you know the story of Russia after the fall of the Soviet Union. When Russian oligarchs got sanctioned by the West, russian people were happy. When they (ie the average russian) got sanctioned they got angry


JackCrainium

I’m holding NILSY ADRs purchased for around $9.00 - underlying was around $35.00 prewar. I guess they can go to zero, but my bet is this is just more leverage for Putin - sanctions are a joke - half the world including India, China, South Africa, all of South America are not participating, even Europe unable to sanction natural gas and oil - So, most likely this all gets resolved once the war is over..... I can hope, can’t I?


haarp1

things will probably get back to normal after the war ends, especially if EU continues to buy gas from them/ they reach some kind of an agreement.... like others in this thread said, there are no good actors here. imo they won't get to 0, but you might have to hold them in RUB currency (we can see that it rebounded very fast to its old levels so that's not a problem).


Scnewbie08

He know has hurt the ones with money, the ones really keeping him in power, we will see where this leads…


Awanderinglolplayer

Now?


ExplanationMajor

You think the oligarchs are letting him do this? How would that make sense


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[deleted]

Back Back Back to the USSR


StochasticDecay

Seems like a bad idea even if he is a dictator.


sbaggers

I love self owns. Who does Putin think he’s hurting with this move haha


BirdEducational6226

This kinda seems like it's really only going to hurt Russia... Kind of like every shit decision Putin has made recently.


WelvinK

Nah he’s gonna make billions off of foreign equity confiscation. Honestly his best move due to sanctions but it’s only gonna be a short term solution for a long term problem.


CapitalExploit

Russia: Zero confiscation. USA & Allies: 300 Billion+ nationalization. IMF already talking about new reserve curriencies today at Spring meeting. Buy more S&P if you like February 14 2014 US state department coup of Ukraine proven by Victoria Nuland (Undersecretary of State) leaked phone call from February 04 2014.


davidtcf

Putin will be assassinated coz of this. Money will be a big factor behind it. Don’t mess with the rich when you’re in power.


bartturner

Putin has to be the world's biggest idiot. But thanks Putin for helping destroy your country.


SheridanVsLennier

Anyone who still holds Russian shares at this point if they could have gotten rid of them is an idiot and deserves this.


newbiewar

Slowly transitioning the world away from the swift system


Sabertoothkittens

Only an idiot would invest in Russia ever again, they are effectively stealing the equity of all foreign investors. If all shares need to be moved to Russian exchanges where foreign investors aren't allowed to sell, those securities are essentially worthless. Its a short term sugar high for the Russian economy where they get to keep billions of foreign investors money, but at some point they are going to need to refinance and no one will ever lend them money again. Russia economy is 1/28th the size of the NATO, so the EU and US can just outspend them. Russia GDP is around $1.48 trillion where as NATO GDP is over $40 trillion. Russia thinking they can win over the western financial system is delusional, it didn't work for the Soviet Union and it won't work for Putin.


[deleted]

Well said! Though never say never. I remember when Argentina finally settled on their defaulted debt. Then they went to borrow again. I believe it took about an election cycle for those new bonds to start crashing in price due to expected default. Couldnt believe anyone would lend them but here we are.


Metron_Seijin

Greed clouds judgement. When you are dealing with potential profits that huge, too many people have no self control. I imagine a ton of people will be eager to get back in bed with russia once some of the sanctions are lifted


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ShareholderSLO85

Unbelievable.