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Nevilledog

(51,121 posts) Fri Mar 4, 2022, 04:57 PM Mar 2022

S&P Dow Jones is removing Russian stocks from indexes.

Link to tweet

2 replies

= new reply since forum marked as read

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S&P Dow Jones is removing Russian stocks from indexes. (Original Post) Nevilledog Mar 2022 OP

Russia is essentially bankrupt now. SoonerPride Mar 2022 #1

"Putin turned Russia into N Korea...." Disaffected Mar 2022 #2

SoonerPride

(12,286 posts)

1. Russia is essentially bankrupt now.

Reply to Nevilledog (Original post)

Fri Mar 4, 2022, 05:00 PM

Mar 2022

Their credit rating is junk bond territory.
Their currency is cratering and will soon be worth nothing.
Their stock market has been closed a week and may never reopen.
Their access to foreign markets is zero.

Putin turned Russia into N Korea in a week.

Disaffected

(4,556 posts)

2. "Putin turned Russia into N Korea...."

Reply to SoonerPride (Reply #1)

Fri Mar 4, 2022, 05:17 PM

Mar 2022

There may be more truth in that than we may now think.

We could be entering a strange new world (unless perhaps Putin et al are removed)......

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