Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,586 members, 7,823,531 topics. Date: Friday, 10 May 2024 at 11:27 AM

£430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes - Foreign Affairs (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes (17664 Views)

Moscow Stocks Crash Crushes Financial Dreams 0f Russians / Russian Stocks Plummet By 21% After Putin’s Speech On Ukraine / Panic On London Train After Man Reads Passages From The Bible (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by Nobody: 7:14pm On Mar 04, 2022
Phaantom22:
When satan wanted to destroy pharaoh, he hardened his mind such that all the plagues that God sent to Egypt didn't moved him untill his only son was killed yet still he became store bittererd and we all know how he finally ended up in d red sea...mr Putin I hope It will not be too late for you when you finally decide to change your mind?

Instead of Russians to gather now, in their millions, to show that devil werey, they are allowing him to send them below poverty level.
Very soon, they will feed on sand and ice.
Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by DonnyE(m): 7:34pm On Mar 04, 2022
NGpatriot:


If den born putin well, open that stock exchange and watch the rubles turn into sand sand..the clown is scared as fuork.. grin grin
You no wise, he knows this that's why he is not going to do that.. Meanwhile he is cashing out from the hike in the price of crude.

1 Like

Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by boyfrank: 11:41am On Mar 05, 2022
Truthisunique2:
grin what I find funny is that all these anti Western people would die to go to the west than some China and Russia

So my brother it's Stockholm syndrome, they love everything about the western principles but can't exist without that strongman that should put them in check, pains (maybe it makes them appreciate life better since they don't believe it should be too easy like the west simplifies it)

We were allies with west for ages they were helping us develop, but Blackman say Na west be him problem that Chinese truly care grin

Now communists don abadon us for a relationship we started for just 5years, we even thank God dem never cease our assests

5 years relationship don cast grin grin
If u give those west hating muffins Chinese Visas and Western Nation Visas, we both know they will tear the Chinese visa

1 Like 1 Share

Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by Tip101(m): 9:41pm On Mar 06, 2022
Druss:


Step 1 from Western loving people. They try to tag people with balanced views as Putin apologists. It is part of the modern day 'cancel' culture. These bunch of uncle Tom Negroes forget that we as a nation and a people have suffered more from the West than from Russia / USSR. Sit down and do an unbiased analysis. Everything is interwoven. If the West fully go after Russia, China and North Korea steps into the picture. India is already indicating it stands with Russia. Remembers BRICS? Y'all have forgotten haven't you? Brazil, Russia, India, China, South Africa. The West wishes to protect their position so they have moved certain actions into place. Russia may have been the physical aggressor here but the nonphysical was NATO especially the US.

Both sets are protectives of their races.

Step 2: They start to apportion fake stances towards one. It makes their battles easier.

How did Buhari put it? I am for everybody and I am for nobody. Russia in my opinion shouldn't have physically attacked Ukraine but it sure as hell isn't as how the Western media is communicating it.


My brother, China isn’t the type of country that Russia can depend on. China is one selfish country. China would support Russia but then can’t even vote for Russia in the last UN meeting? China is all about its economy and trying to gain the world power. China wants a full blown war between Russia and NATO not because of anything but just to be able to satisfy its obsession and curiosity of how being a world power feels.

Also, none of those countries you mentioned there would be a better world police than the west…. Is it China? You know how they treat Nigerians here isn’t it? Not to talk about at their place.

Now, let’s come closer, I’m sure South Africa’s xenophobia issue is still fresh. Is that the kind of people you want to be the world power?

See, let’s forget sentiments and let’s be real and true to ourselves…. Which country’s visa would you rather have? US or those countries you listed there? Your answer is my reply to you!!! Stay blessed!
Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by Tip101(m): 9:48pm On Mar 06, 2022
obailala:
The buyer is usually king but not in this situation cos the buyers cant do without the commodity.... And No! Europe cant magically conjure a new source of gas overnight.

Brother, the buyer will always be “King” no matter how you look at it. Remember one of the reasons why crude oil price crashed? It was because supply was more than demand. Now that Russia has been cut off, the price keeps rising, that’s one thing that shows the buyer will always be king.

Russia isn’t the only country with gas in Europe, people only went for them because it’s cheaper and due to trade agreements by the EU.

And more over, Russia/Putin needs the cash, that’s how he’s sustaining this war. I will say it again, let Putin decide to cut Europe off…. Or has he not been cutting of the west’s? Placing sanctions…. Why can’t he cut off the gas supply to Europe or why hasn’t he
Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by obailala(m): 10:22pm On Mar 06, 2022
Tip101:


Brother, the buyer will always be “King” no matter how you look at it. Remember one of the reasons why crude oil price crashed? It was because supply was more than demand. Now that Russia has been cut off, the price keeps rising, that’s one thing that shows the buyer will always be king.

Russia isn’t the only country with gas in Europe, people only went for them because it’s cheaper and due to trade agreements by the EU.

And more over, Russia/Putin needs the cash, that’s how he’s sustaining this war. I will say it again, let Putin decide to cut Europe off…. Or has he not been cutting of the west’s? Placing sanctions…. Why can’t he cut off the gas supply to Europe or why hasn’t he
Lol... Of course Russia isnt the only country supplying gas to Europe, but over 40% of Europe's gas supply comes from Russia. Dont get it twisted, if Europe really had alternatives, they would have dumped Russian gas ages ago.

40% is not beans; if you cut off 40% of Europe's gas supply, there would be critical gas shortage which can push gas prices through the roof; we talking up to 300-500% inflation in heating cost for homes. We're still in winter period and gas demand is currently high; should Russia cut off that supply and the scarcity inflation starts, streets will be filled with protesters.

Even prior to the Ukraine invasion, there's been inflation in gas costs across Europe with heating cost in homes in the UK for instance, expected to rise by up to 60% from April this year. When this happens, there'd be a major public outcry. I wouldnt even want to imagine what would happen if that increase hits up to 300% because of regional politics - the protest would be massive.

1 Like

Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by sapientia(m): 11:32pm On Mar 06, 2022
Truthisunique2:
the west are globalists

They would continue to dominate the world because they are open to it than the communist states

They open their doors and citizenship to everyone that can strengthen them

They are true capitalists, China and Russia states determine who grows in their economies and you must be their citizen

The universal currency of the world is of the globalists because they are more open

There are so many reasons why the west dominate the world economy, for Russia and China to beat them they would have to do away with their communists nature that restricts them to their tuff

And I doubt they want to be globalists

Apt

Investors have more confidence in USA because they have a strong institution

Russia and China is like one man business.
Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by sapientia(m): 11:39pm On Mar 06, 2022
Druss:


It will never happen. Don't let media fool you. All this has done is strengthen their resolve and belief that the West / NATO is their enemy.

The West can't put boots on ground in Ukraine but they are trying via other means. You think Russia didn't know all of this would happen? This is a nation that is more successful in its wars than the US.

Which wars were Russians successful please?

Which war have they fought with a country since after world war?

They have been only bullying their small neighbors

They have not been in any single real war
Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by Appleyard(m): 11:58pm On Mar 06, 2022
27Pushing30:


Are you even financially literate? Y’all just read news and rather than ask those who understand stock markets and why Russia won’t open trade windows and why those stocks are crashing you’re here capping?

The reality of all this events will soon dawn on the west ... blackmail never works

You're wasting your time trying to educate ignorant kids. cool They will wait till eternity for a Russian collapse to happen. Very ignorant set of people who knows nothing about stocks are here yarning blindly.
Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by Appleyard(m): 11:59pm On Mar 06, 2022
jcross19:
Some Africans are just so stupid! Some people hate this Putin because he said Africa Is a cemetery , he accused your leader been stupid by looting your riches to the western world and comes home to die... See, before he engaged the Ukrainians in battle he had planned for it and knew the consequences of it, so black stop masturbating for a man fighting to defend his country..

Don't waste your time on them, just enjoy the demonstration of ignorance and folly.

1 Like

Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by Appleyard(m): 12:26am On Mar 07, 2022
DonnyE:

You no wise, he knows this that's why he is not going to do that.. Meanwhile he is cashing out from the hike in the price of crude.

Simpletons here don't know the guy and most other oil producing nations are already getting a better check from the war via the hike in oil and wheat prices, as well as in other essential materials like the ones for making chips. Neither will they tell you that same US and EU are still buying Russian crude oil and gas. And you know the funny thing? The Russians won't turn off the taps cause they don't mix politics with economics, so the money via contracts will keep coming from the same west that's imposing sanctions. The likes of Nigeria, UAE, Saudi Arabia etc whom some ediots in the west are banking on to bail them out in the event Russia turns off the taps, are praying vehemently that this frictions between Russia and the west should continue because the hike in price is good for business, and they will not be in a hurry to let this opportunity go by taking sides. cool You see the logic? cool

Meanwhile, those in Europe and elsewhere who have no oil will have to pay the latest higher prices, and those that buys from Russia, e.g the US will have to pay the new price, meaning they sanctioned themselves in that regard while the hike in prices acts as compensations to the Russians in certain sectors where they lost. Now, you know why they say sanctions are a two-edged sword...it cute both ways. cool

2 Likes 1 Share

Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by Appleyard(m): 12:48am On Mar 07, 2022
obailala:
Lol... Of course Russia isnt the only country with gas in Europe, but over 40% of Europe's gas supply comes from Russia. Dont be deceived, if Europe really had alternatives, they would have weaned themselves off Russian gas ages ago.

My brother, 40% is not beans; if you cut off 40% of Europe's gas supply, there would be a critical stifling shortage which can push up gas prices for heating homes by up to 300-500%. We're still virtually in winter period when gas demand is still really high, and expecting people to pay that much more on gas cos of Ukraine? You'd be shocked at the kind of protests which would spring up across Europe.

Even before the Ukraine invasion, there's been some unprecedented inflation in gas costs in Europe recently and heating costs are about to rise by up to 60% from April this year. When this happens, there'd be a major public outcry. I wouldnt even want to imagine what would happen if the increase hits up to 300% because of regional politics - there'd definitely he crippling protests.

The problem with most folks here is that they don't understand geopolitics. They argue out of blind emotions and unguarded sentiments.

When the German Chancellor said they can get alternative gas from US and UAE, he was schooled on the realities of his delusional comments, and based on that, Germany was among those nations that shamelessly rejected cutting off all Russian banks from SWIFT because, if they cannot pay for the gas, Russia won't deliver, and if that happens, prices would increase by 300-400% and we all know that the average European citizen has zero tolerance for suffering and pain. Thus, once prices skyrocket, most cities in Europe will witness massive protest, some of which would definitely turn violent.

Similar scenario would have occurred assuming the US started delivering gas to Europe, and that is assuming if they could meet up with demand, and at a very higher price. The UAE they were banking on doesn't have the capacity to meet such demands either.

Either way, prices would definitely go up thereby forcing up an already bad looking inflationary problem. Unfortunately, many of the simpletons here on Nairaland doesn't see these. They are so use to watching Hollywood and gulping all that MSM myopic pundits and analysis present them. There is a reason the Russian ruling elite appears to be unperturbed by the recent happenings. Sanctions would definitely hurt in some ways but their effect will soon run out of steam after some months because the other side would be feeling it too.
Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by Tip101(m): 10:41am On Mar 07, 2022
obailala:
Lol... Of course Russia isnt the only country supplying gas to Europe, but over 40% of Europe's gas supply comes from Russia. Dont get it twisted, if Europe really had alternatives, they would have dumped Russian gas ages ago.

40% is not beans; if you cut off 40% of Europe's gas supply, there would be critical gas shortage which can push gas prices through the roof; we talking up to 300-500% inflation in heating cost for homes. We're still in winter period and gas demand is currently high; should Russia cut off that supply and the scarcity inflation starts, streets will be filled with protesters.

Even prior to the Ukraine invasion, there's been inflation in gas costs across Europe with heating cost in homes in the UK for instance, expected to rise by up to 60% from April this year. When this happens, there'd be a major public outcry. I wouldnt even want to imagine what would happen if that increase hits up to 300% because of regional politics - the protest would be massive.

I totally understand you my brother… But then, with the way things are going, Putin needs Europe more than they need him right now and you know why?

Putin needs the money to finance the war, and the only way to get that is through the gas to Europe because of the sanctions right now which has made it difficult dealing with Russia. As for Europe, they can source for the gas elsewhere, but how will Putin get to sell his or who’s going to be able to buy that much gas from him? I’m sure you know no single country can get that %… Putin is really handicapped right now. He needs Europe more than Europe needs him.
Re: £430 Billion Wipeout: Russian Stocks Crash 98% On London Indexes by obailala(m): 12:44pm On Mar 07, 2022
Tip101:


I totally understand you my brother… But then, with the way things are going, Putin needs Europe more than they need him right now and you know why?

Putin needs the money to finance the war, and the only way to get that is through the gas to Europe because of the sanctions right now which has made it difficult dealing with Russia. As for Europe, they can source for the gas elsewhere, but how will Putin get to sell his or who’s going to be able to buy that much gas from him? I’m sure you know no single country can get that %… Putin is really handicapped right now. He needs Europe more than Europe needs him.

You still don' get the point do you? You keep repeating that "Europe can get the gas from elsewhere"; from where exactly? from the sky? Wrong wrong wrong! Europe cannot get the gas elsewhere; if they could, they would have done that ages ago and suffocated Russia of all that dollars.

Europe needs Russian gas as much as Russia needs Europe's money. Even in the peak of the sanctions, Europe isn't crazy enough to sanction Russian gas just as Russia isn't crazy enough to sanction Europe's gas money (the juju never reach that level).

Europe cannot manufacture or conjure a new source of gas overnight and Europe desperately desperately needs that gas. We're currently in winter season with sub-zero temperatures in parts of Europe. If Russia stops pumping that gas today, the effect across Europe would be crippling; people would hit the streets in massive numbers and protests could even turn violent, thereby disrupting Europe's economy so badly. Countries are still struggling to recover from the sweeping Covid recession and you think they're crazy enough to add a gas shortage bombshell to their problems? No they aren't that crazy.

(1) (2) (3) (4) (5) (Reply)

Liberia’s Tightest Presidential Election In 2 Decades Heads To A Runoff / Kenyan Influencers Paid To Take 'guerrilla Warfare’ Online / Donald Trump Raises £1bn For His New Social Media Platform To Rival Twitter

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 53
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.