So the Ruble lost 90% value in the last couple of days. Would it be wise to buy the dip?

So the Ruble lost 90% value in the last couple of days. Would it be wise to buy the dip?
Pros? Cons?

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it's not going back up for another 50 years.
russia will either have to take over the whole world or they will be put on timeout for a while

But why?
The economy didnt shrink by 90%, the SWIFT bullshit will probaby pass after a while, they still export gas to europe, and if not europe, then china.
If it was down 30%, fine, it could be due to losing some investments, but 90% is pajeet rugpull levels of loss, in a really short time. Why wouldnt it recover by at least 200%?

It is nerve wrecking buying Russian assets right now. Is "buying when there is blood in the streets" just a meme?

Buy Chinese yuan instead. If the rumors of Russia increasing their usage of CIPS become true the yuan will become more desired.

I think my thread is better than everything else on the catalog, shame it has such poor participation and all participants are branded with the gayest color tags :/

>SHOULD I BUY MONEY PRINTED BY RUSSIA
>BEST THREAD
>...

would you buy north korean stocks?

it shrunk by a fucking lot because nobody is going to do business with them except china who will keep them on a fucking leash

No it's fiat garbage. Fiat goes to zero.

China is still trading with them. India as well, so is Brazil & a few other S.A. countries, & Croatia & Belarus. It's not like they're totally isolated. The initial reaction will eventually end and they'll be fine

Russia is an accelerated version of whats going to happen to the US soon. They just dealt a major blow to the overall demand for the dollar world wide. Put your money in shiny rocks, land and crypto. Dont invest in a fiat currency, buy the thing they bought when their currency crashed.

I would buy any currency if it suddenly fell 90% without the country printing like crazy or getting nuked. I want to understand why not.

It could we worth buying real estate in St Petersburg

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No, that's pretty retarded. At least wait until the war is over.

I think you're missing the point. Russia itself might come to an end.

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Buy Iraqi dinar

Why?

When the war is over, it's too late. You BUY on the cannons, sell on the trumpets.

If that happens, they’re going to blow everyone up with a ludicrous amount of nukes, so your investments would all go to 0 anyway.

you realize this war isnt going to be "over" for a number of years? Even if Kyiv is captured tomorrow there is going to be a well armed insurgency for years to come. You know what? yeah all you retards should definitely throw your pennies into the russian economy, you're going to be rich soon!