Everyone's heard about the hysteria surrounding the Russian markets. People are saying that there will be a run on banks now that we've cut them off from SWIFT. And the numbers are showing it, the russian market was down 35% or something a couple days ago, and that was before the most recent wave of sanctions.
But let's be real here; do you think Putin is a complete moron? Do you really think he didn't anticipate these sanctions (or MUCH worse)? Russia is not going to collapse. He's got some kind of gameplan, most likely in the form of some kind of joint economic plan with China.
So tomorrow, take a look at a Russian ETF funds. If it dips like 80% or something silly, grab it up. Become a war profiteer. You can thank me in dramacoin.
.webp?h=8 "Merry Fistmas!")
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The run on the banks thing is weird, its not like America has seized hard currency in Russia. Economic sanctions will hit elsewhere, there's no reason for a bank run in Russia. All countries will have lines at atms if even 5% of the plebs are panicking. But if russia's economy does collapse roubles in cash will be as worthless as roubles in the bank.
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Money in the banks is much easier to seize than money under your mattress. Also people are buying USD, not just taking their cash out of banks.
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