Literally just closes the stock market and doesn't let anyone sell anymore

>Literally just closes the stock market and doesn't let anyone sell anymore
Soooo...what is the the consequence for this? Did Putin just expose modern economics as a complete meme without any connection to reality?

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it's actually really stupid. If all foreigners sold the shares his buttbuddies could buy them up and potentially get even richer

yeah now that the stock market's closed there's no more scarcity in russia and everything is free

So sanctions are unironically useless?

Before stock market turned into a casino, its primary function was to let people invest in companies to help promising businesses grow.

No stock market in Russia means Russian companies are now reliant on banks (got fucked by sanctions) or goverment (lol) to raise capital.
In other words, no business in Russia will grow in the forseeable future.

The factories and farms are still there. How does freezing meme numbers on a computer screen change anything?

>So sanctions are unironically useless?
no. the companies listed at russian stock market would get rekt. But oligarchs could just by the dip - if they still have access to some free cash. Stock market wasn't sanctioned, per se but pidor closed it by himself becasue he thought he prove a point

so do you think putin did this just for fun since it changes nothing

Or and hear me out on this. They can have a successful business model that produces enough profit for them to invest that in further growth. Rather than relying on an infinite ponzi of fake money to ensure they have growth.

You know businesses reach a natural plateau of what they can do with their profit and instead of them being given loans until they are monolithic monopolies which are then subverted by those in power.

>How does freezing meme numbers on a computer screen change anything?
reverse wealth effect - if some pidors saw that they are 50% poorer becasue stonks tanked then they would panic

Another W for the sigma king, bow down to your leader Any Forums

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No, I think it just exposes how much of the international finance system is a meme with no attachment to reality. The factories are still there and the workers are still working.

this is a wild concept.

Blackrock will not sell their portofolio bought with fake printed money if no buyers on high volumes. If they can drop the bag after inflating stocks 5x they will if not they will support small volumes. If is true US froze Russia assets then Russia should froze stock belonging to Western companies too, trade small volumes bringing them to the ground then unfreze said company sell only. Yeah, jewish thinking

I thought the stock market was there for large companies to use government handouts to buy their own stocks before executives cash out their retirement options?

there is no more market for russian goods.
the whole country is basically at the mercy of china right now and russia has much less to offer china than china has to offer russia.

yeah, if he's losing billions they are losing trillions.

you know there are more ways to make money than working in factories despite what marx said

Russia has gas and grain. You literally don't need anything else than that.

>there is no more market for russian goods
You know, except for Russia.