Russia's Economy - WTF is Going On?

[noko No.451400]

I've been following Russia through the news and, with the Ukraine conflict and the sanctions implemented against them, common sense would dictate that its economy would be going down. This led me to an idea: start investing in RUSS. I did that, but only to see that it is trending downward and RUSL going upward. This doesn't make sense: how could Russia have a bull market with numerous international sanctions against them?

[Anonymous No.451437]

>>451400
China

[Anonymous No.451441]

>>451400

Pay attention to what the sanctions are on.

>>>/pol/

[Anonymous No.451455]

>>451400
cause your idea is unique

[Anonymous No.451467]

America and EU does not equal the world in sanctions.

Hint: buy nzd, they will be buying a shit ton of butter, milk, cheese and lamb from us very soon

[Anonymous No.451497]

>>451400
>how could Russia have a bull market with numerous international sanctions against them?

Because Russia is using the sanctions as an excuse to introduce changes they wanted to do anyway.

Russia doesn't export much, it's mostly gas, oil and raw materials (Russia is the largest country in the world in terms of land mass with a relatively small population). None of these things are being sanctioned by the West because the West still wants to buy them. And if the West DID sanction them Russia would find buyers elsewhere in the world economy.

After the fall of the Soviet Union Russia was stuck in a third world economy trap. It is much cheaper for a third world economy to buy advanced goods from the first world but doing so traps them into never developing their own advanced goods, but if they spend the money and develop a first generation of home grown consumer goods, no one wants to buy them because they are inferior to imported versions.

The sanctions allow Russia to introduce some protectionism into it's markets that it has wanted to do for some time and develop native industries. Now people will have to buy the native products because they are the only ones available and any resentment caused by this will be blamed on the West who created the original sanctions.

Look at the sanctions Russia has placed on Western products, the major ones are all in areas where Russia wants to develop its own industries.

[Anonymous No.451507]

>>451400
These events don't fundamentally affect the economy. Amend your common sense to view the news as "evidence gathering" rather than "conclusion gathering".

[noko No.451544]

>>451497
Interesting observations. It appears they found a silver lining in a dark cloud (or brilliant Jewish manipulation, you decide). Like catching an opponent off guard in a game of chess. Well played.

>>451507
Yeah, but evidence gathering would lead you to a conclusion, no?

>>451455
Is that a bad thing?

>>451441
I'm not seeing any in /pol/. Did it became old news already?
Thanks for the input everyone. It appears I may have jumped into RUSS with rather faulty intelligence/conclusions. I'm debating now if I should bother holding onto it or switching to more green pastures (like CFI). Is it too late to jump ship, or should I just ride out the waves?

[Anonymous No.451889]

>>451467
>Not realizing that Russia are banned from buying NZ meat
>Not realizing that more products will be sanctioned along the way
lel

[Anonymous No.452040]

>>451400
Why did you not sell when it was above 14?
You never hold a leveraged product for a long period of time!

[Anonymous No.452064]

>>451497
are you iluminatty brah?

[OP No.452989]

>>452040
I bought it was at mid 12s. I anticipated it would go up, but instead, it went the opposite. I couldn't wrap my head around why this week.

Should I just hold on and wait for the sanctions to take its toll (if it ever does) or should I just bail out now?

[Anonymous No.453003]

Russia is buying meat from Brazil like there is no tomorrow.

[Anonymous No.453138]

>>452989
If you can afford it, hold it!
It will take a few months until the sanctions hit Russia.

[Anonymous No.454030]

>>451400
http://money.cnn.com/quote/etf/etf.html?symb=RUSS

Time to buy that shit up.

[Anonymous No.454393]

>>451497
>The sanctions allow Russia to introduce some protectionism into it's markets that it has wanted to do for some time and develop native industries. Now people will have to buy the native products because they are the only ones available and any resentment caused by this will be blamed on the West who created the original sanctions.

You can tell how well that worked during the 70 years of the USSR.

[Anonymous No.455540]

>>454393
>You can tell how well that worked during the 70 years of the USSR.
Well, their computers were decent, at least.