Russia's credit rating is cut to junk by S&P

[taimur12]

Production is real economy. American economy is fake

Money is real. But not as measured by American fake economy. Only production can determine money.

i am never disappointed.

 

[Superboy]

It is apparent that you have ZERO knowledge and intent to learn any macro economic concept. Is it just another of your DSI rants ?

Anyway, for the uninitiated, regarding the "real money" rant, quantity theory of money would help you calm your nerves.

MV = PY ​

where, M = money supply, V = velocity of money, P = price level, Y = real GDP

Assumptions:

• V is constant
• Money has no effect on real variables (so ∆M has no effect on Y)
• Y is entirely determined by the fixed stock of labor, capital and technology

http://web.mit.edu/course/15/15.012cd/attach/Rec-9Feb01.pdf

That's only if oligarchs don't steal money out of the country and save into Swiss bank accounts forcing government to inject money and cause inflation.

 

[Providence]

That's only if oligarchs don't steal money out of the country and save into Swiss bank accounts forcing government to inject money and cause inflation.

Huh ? What was that ? Induce inflation due to black money going abroad ?

By that logic swiss should have -100 inflation since all money is coming in right ? You chinese buggers are funny people !

 

[AZADPAKISTAN2009]

If Russia attacks Ukraine and bombs IsRAEL , Russia can enjoy rise in currency

 

[taimur12]

@Providence you have the best signature btw lol!

If Russia attacks Ukraine and bombs IsRAEL , Russia can enjoy rise in currency

gold! the hits just keep on coming!

 

[Providence]

@Providence you have the best signature btw lol!



gold! the hits just keep on coming!

Couple of shady -ve ratings is what has put me off !

How goes you brother ? All well ?

 

[taimur12]

Couple of shady -ve ratings is what has put me off !

How goes you brother ? All well ?

yeah all well. trying to learn poker. lost $400 yesterday. i blame the free drinks, feels like a scam!

 

[Providence]

yeah all well. trying to learn poker. lost $400 yesterday. i blame the free drinks, feels like a scam!

A tip regarding poker or for that matter applies to gambling over all,

Your mind plays trick on you. An untrained human mind always thinks a spate of bad cards will be succeeded by a good card since world balances out after a couple of -ves and +ves which is not the case. Always remember, every hand is independent of the previous hand.

Also the wait for that elusive winning hand is what forces you into the bias of escalating commitment.

Keep these things in mind and you can control your "losses"

 

[taimur12]

A tip regarding poker or for that matter applies to gambling over all,

Your mind plays trick on you. An untrained human mind always thinks a spate of bad cards will be succeeded by a good card since world balances out after a couple of -ves and +ves which is not the case. Always remember, every hand is independent of the previous hand.

Also the wait for that elusive winning hand is what forces you into the bias of escalating commitment.

Keep these things in mind and you can control your "losses"

mmm yea i see how it applies to poker. i'm new to poker. i just recently got into it, one, because vegas and two, my cousin actually makes a living playing it. i kind of envy him. free drinks, hot cocktail waitresses, no schedule. he's been playing it for 10 years now.

 

[Vassnti]

If Russia attacks Ukraine and bombs IsRAEL , Russia can enjoy rise in currency

Half of Israel is Russian

 

[Declein]

If Russia attacks Ukraine and bombs IsRAEL , Russia can enjoy rise in currency

Wut ?

Anyway, this is painful for the Russian economy..very painful..

Edit: watching a economy the size of Italy (or is it the size of Greece right now?) trying to fend of the West, while the Ruble is in free fall along with whole economic sectors....it would be grade A+ comedy material if it wasn't tragic for the common russian..

 

[flamer84]

Half of Israel is Russian

And they're the most agressive Jews when it comes to Palestine.