Russia’s stock market has suffered its worst week in more than two years in response to U.S. President Donald Trump’s sweeping global tariffs and a drop in global oil prices.
The market capitalization of companies listed on the Moscow Exchange (MOEX) fell by 2 trillion rubles ($23.7 billion) over just two days, sliding from 55.04 trillion rubles ($651.8 billion) at Wednesday’s close to 53.02 trillion ($627.9 billion) by the end of trading Friday,
Even an anti-Russian site like themoscowtimes has to admit the worst Russian stock market 'crash' in years was only $23.7 billion.
In other themoscowtimes news, Russia failed to win the war against Ukrainian jew-nazis within 3 days!!
Looked at another way - the Russian economy on paper is about as big as California's. And the collective West is still losing in Ukraine. The combined GDP of the collective West is like 100 times larger. Pretty shit performance after over 3 years of proxy war.
oil is down which is good for us. the russians, saudi and others in the OPEC will adapt
my only fear is that this will haunt the american economy thus enabling more of loss of capital among the middle class since the poor is already screwed.
[ + ] Sector2
[ - ] Sector2 0 points 3 weeksApr 7, 2025 11:24:56 ago (+0/-0)
Even an anti-Russian site like themoscowtimes has to admit the worst Russian stock market 'crash' in years was only $23.7 billion.
In other themoscowtimes news, Russia failed to win the war against Ukrainian jew-nazis within 3 days!!
[ + ] mikenigger
[ - ] mikenigger [op] 0 points 3 weeksApr 7, 2025 11:40:52 ago (+0/-0)*
[ + ] Sector2
[ - ] Sector2 0 points 3 weeksApr 7, 2025 13:24:40 ago (+0/-0)
[ + ] Joe_McCarthy
[ - ] Joe_McCarthy -1 points 3 weeksApr 7, 2025 13:30:55 ago (+0/-1)
[ + ] dosvydanya_freedomz
[ - ] dosvydanya_freedomz 0 points 3 weeksApr 7, 2025 09:35:01 ago (+0/-0)
my only fear is that this will haunt the american economy thus enabling more of loss of capital among the middle class since the poor is already screwed.
[ + ] FreeinTX
[ - ] FreeinTX 1 point 3 weeksApr 7, 2025 08:51:37 ago (+1/-0)
Exactly right. Which makes claims that Russia is gonna invade Europe if they take Ukraine a fuckin' joke.
We can't beat Russia on Russia's border, but Russia ain't attacking NATO any time soon.