this post was submitted on 28 Nov 2024
98 points (98.0% liked)

World News

437 readers
1127 users here now

Rules:

  1. Be a decent person
  2. No spam
  3. Add the byline, or write a line or two in the body about the article.

founded 3 months ago
MODERATORS
 

Rouble hit 110 against the dollar after US introduced sanctions against Gazprombank, Russia’s third-largest bank

you are viewing a single comment's thread
view the rest of the comments
[–] qyron@sopuli.xyz 3 points 1 month ago (5 children)

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?

[–] Hubi@feddit.org 19 points 1 month ago (1 children)

but it will eventually recover value

That's a pretty bold assumption.

[–] qyron@sopuli.xyz 1 points 1 month ago (1 children)

The war that country triggered is the work of a dictator but the country itself does not deserve obliteration.

[–] Hubi@feddit.org 8 points 1 month ago* (last edited 1 month ago) (1 children)

The civilians don't deserve it but their mafia state and its institutions definitely do.

[–] qyron@sopuli.xyz 1 points 1 month ago

Those. Not the civilians being held almost at a hostage situation

[–] Deceptichum@quokk.au 15 points 1 month ago (1 children)

That’s called Forex, you’d have better luck with stocks.

[–] qyron@sopuli.xyz 2 points 1 month ago

For the giggles of it? I would. Do I have the cash? I don't.

[–] Beacon@fedia.io 6 points 1 month ago

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

[–] DarkThoughts@fedia.io 5 points 1 month ago

I don't think you get anything if they end up defaulting, which is likely to happen.

[–] HaleHirsute@infosec.pub 2 points 1 month ago

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.