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The Russian stock market tanked 12% this morning before the first round of sanctions ..... The first round of sanctions cut off the Russian banking system to the west and killed the new pipeline ..... Tomorrow morning the Russian stock market is going to tank big time and take the ruble down with it .... Joe Sixvodkas is going to be paying a lot for that new TV and likely not have a job to go with it ..... The Ukraine is going to be expensive . It will be interesting to see what the second round of sanctions are .... I suspect the Russian economy is about to take a serious sh!t kicking ..... Their manufacturing industry shrunk significantly post 1991 ..... They are not prepared to go it alone ......Old age and treachery will beat youth and skill every time1983 GS 750
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The NY Times' Friedman put it best: Putin wants to be a "nationalist avenger to divert from his failures."1982 GS1100E V&H "SS" exhaust, APE pods, 1150 oil cooler, 140 speedo, 99.3 rear wheel HP, black engine, '83 red
2016 XL883L sigpic Two-tone blue and white. Almost 42 hp! Status: destroyed, now owned by the insurance company. The hole in my memory starts an hour before the accident and ends 24 hours after.
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Originally posted by bccap View PostThe Russian stock market tanked 12% this morning before the first round of sanctions ..... The first round of sanctions cut off the Russian banking system to the west and killed the new pipeline ..... Tomorrow morning the Russian stock market is going to tank big time and take the ruble down with it .... Joe Sixvodkas is going to be paying a lot for that new TV and likely not have a job to go with it ..... The Ukraine is going to be expensive . It will be interesting to see what the second round of sanctions are .... I suspect the Russian economy is about to take a serious sh!t kicking ..... Their manufacturing industry shrunk significantly post 1991 ..... They are not prepared to go it alone ......1979 CBX, AW440 Maico, GS1150EF
http://www.thegsresources.com/_forum...ine=1447792849
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Originally posted by bccap View PostThe Russian stock market tanked 12% this morning.1980 Yamaha XS1100G (Current bike)
1982 GS450txz (former bike)
LONG list of previous bikes not listed here.
I identify as a man but according to the label on a box of Stauffers Baked Lasagne I'm actually a family of four
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Mr. Cynic here today but I don't think sanctions will bother the rich Russians. They own half of London don't they? and anything the Chinese and bike gangs don't own here....haha. Money corrupts and it seems there's always a way to use it. But the poor? the meek? Sure. Times get tougher. What else is new in Russia? Iran? Iraq? Afghanistan? etc.
Something that does get the little people grumbling all together are body bags. sigh.
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Originally posted by LAB3 View PostDo you have a link to "Straight from the horses mouth" info on that? I've been seeing a LOT of inconsistencies in the news in general and would like to verify a few more things.
Edit.....
I had a look and according to the Financial Times the MOEX fell as much as 14% Monday and finished the day more than 10% down ..... So I assume " more than " is where BNN came up with 12% .....
Last edited by bccap; 02-23-2022, 12:02 PM.Old age and treachery will beat youth and skill every time1983 GS 750
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Originally posted by bccap View PostBut I'm sure you could find a link to their index through google .....Last edited by LAB3; 02-23-2022, 12:08 PM.1980 Yamaha XS1100G (Current bike)
1982 GS450txz (former bike)
LONG list of previous bikes not listed here.
I identify as a man but according to the label on a box of Stauffers Baked Lasagne I'm actually a family of four
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Originally posted by LAB3 View PostThat's the reason why I asked, I'm not exactly sure WHAT it is (Similar to DJIA here) I'm looking for and a search string of "Russia Stock market" leads to several pages of that same 12% quote from yesterday. Whenever I see a flood of stories all quoting the exact same thing I tend to get leery as to it's origin. A quote of Rubles vs other currencies exchange rates would also be interesting to see.Last edited by bccap; 02-23-2022, 12:54 PM.Old age and treachery will beat youth and skill every time1983 GS 750
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Originally posted by LAB3 View PostThat's the reason why I asked, I'm not exactly sure WHAT it is (Similar to DJIA here) I'm looking for and a search string of "Russia Stock market" leads to several pages of that same 12% quote from yesterday. Whenever I see a flood of stories all quoting the exact same thing I tend to get leery as to it's origin. A quote of Rubles vs other currencies exchange rates would also be interesting to see.'20 Ducati Multistrada 1260S, '93 Ducati 750SS, '01 SV650S, '07 DL650, '01 DR-Z400S, '80 GS1000S, '85 RZ350
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Originally posted by RichDesmond View PostAnd you should factor in the currency swing to the stock price also. If the MOEX fell 12%, and the ruble fell 10% vs the dollar or euro, then you're looking at a big hit.
Now that some serious old school state interference in the economy.
Im not sure how they can sustain that unblesss they think ittl be over soon.1983 GS 550 LD
2009 BMW K1300s
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In a rare act of public dissent against the war, the Russian newspaper Novaya Gazeta has announced that its next edition will come out in Russian and Ukrainian languages.
Dmitry Muratov, the Nobel prize-winning editor of the paper, said that “together with our grief we feel shame” about a war that he directly blamed on Vladimir Putin.
“What’s the next step?” he said. “A nuclear salvo?
“We’re going to release this next edition of Novaya Gazeta in two languages because we will never see Ukraine as an enemy or Ukrainian as the language of the enemy.”
He added a call for protests against the war.
“Only an anti-war movement of Russians in my opinion can save life on this planet.”
The Guardian.97 R1100R
Previous
80 GS850G, 79 Z400B, 85 R100RT, 80 Z650D, 76 CB200
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I don't pretend to be an expert on foreign policy. But, I am sitting at my desk this morning in shame, thinking that we should have done more to prevent this.
From my view, the world has just been sitting back, clearing the way for this horrific day.
A day late, but this world needs to stand up and eliminate that evil POS.....Today.
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Originally posted by Vmass View PostI don't pretend to be an expert on foreign policy. But, I am sitting at my desk this morning in shame, thinking that we should have done more to prevent this.
From my view, the world has just been sitting back, clearing the way for this horrific day.
A day late, but this world needs to stand up and eliminate that evil POS.....Today.1983 GS 550 LD
2009 BMW K1300s
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This is why I have never bought into " The market has priced in " or " The market looks ahead " ..... Everybody and his dog knew what Putin was going to do and the market waits around for him to do it before it tanks like it is today ......Old age and treachery will beat youth and skill every time1983 GS 750
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