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Old 09-20-2022, 08:24 AM   #1627
Edward64
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Join Date: Oct 2005
Some folks on Reddit board pointed out Russia stock market is collapsing today because of hints that Russia will raise higher taxes etc. to support war effort.

I looked at below page and sure enough, Russian stocks (right now) ranges from -2% to -9% with an est. average of -5-6% hit. Sure it's bad but it's not that bad when compared to some hits the US market has taken.

The Russian stock market & economy has been surprisingly resilient. I'm thinking it's probably when Russia loses the war that it'll all come crashing down. I feel bad for the normal Russian investors.

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