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Biden says Russian stock market will ‘blow up’ when it reopens after sanctions
Nypost ^ | 03/12/2022 | Jon Levine

Posted on 03/12/2022 12:13:07 PM PST by ChicagoConservative27

President Biden said he expected the Russian stock market to blow up the second it reopens in response to crippling sanctions that have been imposed on the country in response to its invasion of Ukraine.

“You know what the value of a ruble versus a dollar? You need 200 rubles to equal $1 today. 200,” Biden boasted to a conference of House Democrats in Philadelphia on Friday. “The totality of our economic sanctions and controls are crushing, crushing the Russian economy,”

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: biden; economicssupergenius; market; russian; stock
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So do your diapers after drink ensure .
1 posted on 03/12/2022 12:13:07 PM PST by ChicagoConservative27
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To: ChicagoConservative27

I can’t believe they let this moron speak. What he knows about the Russian stock market could fit on the head of a pin.


2 posted on 03/12/2022 12:15:56 PM PST by FLNittany
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To: ChicagoConservative27

Question, say it does crater, does it not cause a cascade globally to some effect?


3 posted on 03/12/2022 12:17:11 PM PST by EEGator
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To: FLNittany

I wish this classless SOB would STFU.


4 posted on 03/12/2022 12:21:48 PM PST by Spok (Winston, how many fingers am I holding up?)
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To: ChicagoConservative27

We’ve hurt ourselves as much or more than Russia.


5 posted on 03/12/2022 12:26:38 PM PST by Kazan
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To: ChicagoConservative27
Biden says Russian stock market will ‘blow up’ when it reopens after sanctions

The financial investment expert senile Sleepy Joe graduated #1 in his business school class!

Oh wait, sorry, he graduated near the very bottom of his class.

And it wasn't business school, it was law school.

Never mind .....


6 posted on 03/12/2022 12:26:57 PM PST by gw-ington (My preferred pronouns: she, him, it, what, huh, senile, puppet, hyena, headboard, stolen, election.)
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To: EEGator

“say it does crater”

I say that russia then becomes a client state to china. Another North korea.


7 posted on 03/12/2022 12:30:12 PM PST by Samurai_Jack (This is not about hypocrisy, this is about hierarchy!)
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To: Kazan

When your debtor lives in another country and has nuclear weapons you’re kinda SOL.


8 posted on 03/12/2022 12:36:03 PM PST by Justa (If where you came from is so great then why aren't Floridians moving there?)
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To: ChicagoConservative27
"You know what the value of a ruble versus a dollar? You need 200 rubles to equal $1 today. 200," Biden boasted to a conference of House Democrats in Philadelphia on Friday.

Everyone knows the financial genius senile Sleepy Joe has been around for a very, Very, VERY long time. In fact, senile Sleepy Joe was a do-nothing U.S. Senator for almost 40 Years.

The almost 80-year-old Sleepy Joe is so old that he's the one who actually invented the following financial phrase, popular with Wall Streeters, 62 years ago: "Buy High and Sell Low."

/s

9 posted on 03/12/2022 12:38:54 PM PST by gw-ington (My preferred pronouns: she, him, it, what, huh, senile, puppet, hyena, headboard, stolen, election.)
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To: FLNittany

in fact you need 114 rubles to buy a dollar.


10 posted on 03/12/2022 12:41:24 PM PST by NorseViking
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To: ChicagoConservative27

So nice these sanctions are having zero impact on our economy.

This was a well thought out sanction campaign and the way Sleepy Joe explains how it will benefit us all is just true leadership. Its Roosevelt after Pearl Harbor all over again

I always wanted to lose thousands of dollars a year on things like food and fuel for Freedom. Thanks middle class Joe


11 posted on 03/12/2022 12:42:14 PM PST by ALX
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To: ChicagoConservative27

You and your Democrats are doing the same to the US


12 posted on 03/12/2022 12:42:39 PM PST by butlerweave
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To: ChicagoConservative27
The media gave Trump grief about his tweets but Biden has a unique combination of stupidity, arrogance, thin skin, and aggressive bully in him so when HE makes a statement it's often a doozy. 50 years as a Senator doing crazy things like threatening WW3 was no big deal so he thinks he can speak like that still. Bragging about crushing the economy of the holder of the worlds largest stockpile of nukes is the sort of thing I am not surprised a fool like Biden would do.

In his defense Presidents usually let the VP handle to smack talking and Kamala is more adept at awkward cackles and talking to people like they are babies. So that's not an option here.

13 posted on 03/12/2022 12:46:17 PM PST by pepsi_junkie (Often wrong, but never in doubt!)
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To: ChicagoConservative27

The idiot and his junta have no idea of the effects of this on America including teaching the world not to trust the dollar, the empowerment of China, skyrocketing fuel prices and runaway inflation.

Good job idiots.


14 posted on 03/12/2022 12:54:05 PM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: pepsi_junkie

the media gave Trump grief about harsh rhetoric on the campaign trail but Biden could cuss a voter out to his face and threatened to take him out back and have a fight - but it is Trump who lacks the temperament to be President and Biden is just fine.

Something that was so depressing about how Trump’s campaign team ran the media war - so much tape of Biden acting like that could have made for ads that instead no one ever saw. Instead, they all saw a forceful, strong, competent, caring, etc. Biden - Biden and his campaign defined himself entirely on his own terms with zero competing message.


15 posted on 03/12/2022 12:58:27 PM PST by Republican Wildcat
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To: NorseViking

Are rubles cheaper that TP now? Where can we get some?


16 posted on 03/12/2022 12:59:22 PM PST by oldasrocks
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To: ChicagoConservative27

Tell burden to buy 1.5 trillion dollars worth of rubles, then lift the sanctions and pay off our national debt


17 posted on 03/12/2022 12:59:56 PM PST by daku
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To: ChicagoConservative27

so the boy takes bribes while the daddy does stock market manipulations

really sweet family, one and all

/s


18 posted on 03/12/2022 1:07:46 PM PST by faithhopecharity (“Politicians are not born. They’re excreted.” Marcus Tillius Cicero (106 to 43 BCE))
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To: faithhopecharity

When the world realizes Joe Biden actually started this war....the US markets will start to get a little shaky.


19 posted on 03/12/2022 1:11:18 PM PST by blackberry1
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To: ChicagoConservative27
So, what do you bet we'll bail out Russia and Ukraine after the war is over?

We're still protecting Europe 75 years after World War II.

20 posted on 03/12/2022 1:14:55 PM PST by Repealthe17thAmendment
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