Deceptichum@quokk.auM to World News@quokk.auEnglish · 1 month agoRussia’s rouble plunges to lowest rate since early weeks of Ukraine warwww.theguardian.comexternal-linkmessage-square18fedilinkarrow-up1100arrow-down12file-text
arrow-up198arrow-down1external-linkRussia’s rouble plunges to lowest rate since early weeks of Ukraine warwww.theguardian.comDeceptichum@quokk.auM to World News@quokk.auEnglish · 1 month agomessage-square18fedilinkfile-text
Rouble hit 110 against the dollar after US introduced sanctions against Gazprombank, Russia’s third-largest bank
minus-squareqyron@sopuli.xyzlinkfedilinkarrow-up4arrow-down1·1 month agoLet’s say some crazy person decided to just go and buy, let’s say, a million rubles, just for the sake of saying they’re a millionaire. It is on a sinking course but it will eventually recover value. If time was of no concern, wouldn’t that person eventually make something out of it?
minus-squareHubi@feddit.orglinkfedilinkarrow-up19·1 month ago but it will eventually recover value That’s a pretty bold assumption.
minus-squareqyron@sopuli.xyzlinkfedilinkarrow-up2arrow-down1·1 month agoThe war that country triggered is the work of a dictator but the country itself does not deserve obliteration.
minus-squareHubi@feddit.orglinkfedilinkEnglisharrow-up9arrow-down1·edit-21 month agoThe civilians don’t deserve it but their mafia state and its institutions definitely do.
minus-squareqyron@sopuli.xyzlinkfedilinkarrow-up1·1 month agoThose. Not the civilians being held almost at a hostage situation
minus-squareDeceptichum@quokk.auOPMlinkfedilinkEnglisharrow-up16arrow-down1·1 month agoThat’s called Forex, you’d have better luck with stocks.
minus-squareqyron@sopuli.xyzlinkfedilinkarrow-up2·1 month agoFor the giggles of it? I would. Do I have the cash? I don’t.
minus-squareBeacon@fedia.iolinkfedilinkarrow-up6·1 month agoIf your goal is to lose money, then that’s a great plan. There’s almost no chance that investment would ever beat the amount of money you’d make by investing in an s&p mutual fund
minus-squareDarkThoughts@fedia.iolinkfedilinkarrow-up5·1 month agoI don’t think you get anything if they end up defaulting, which is likely to happen.
minus-squareHaleHirsute@infosec.publinkfedilinkarrow-up2·1 month agoDepending on what country you’re in and from it might be hard to get them, and if you do you might be going against some sanction.
Let’s say some crazy person decided to just go and buy, let’s say, a million rubles, just for the sake of saying they’re a millionaire.
It is on a sinking course but it will eventually recover value. If time was of no concern, wouldn’t that person eventually make something out of it?
That’s a pretty bold assumption.
The war that country triggered is the work of a dictator but the country itself does not deserve obliteration.
The civilians don’t deserve it but their mafia state and its institutions definitely do.
Those. Not the civilians being held almost at a hostage situation
That’s called Forex, you’d have better luck with stocks.
For the giggles of it? I would. Do I have the cash? I don’t.
If your goal is to lose money, then that’s a great plan. There’s almost no chance that investment would ever beat the amount of money you’d make by investing in an s&p mutual fund
I don’t think you get anything if they end up defaulting, which is likely to happen.
Depending on what country you’re in and from it might be hard to get them, and if you do you might be going against some sanction.