Don't Buy a House in Russia!

[biku324]

For those who think Western sanctions don't 'bite' Putin's Russia, there's this...

"MOSCOW, Oct 25 (Reuters) - Russia's central bank hiked its key interest rate by 200 basis points on Friday to 21%, the highest level since the early years of President Vladimir Putin's rule, when Russia was recovering from the chaos that followed the collapse of the Soviet Union.

The move, driven by massive increases in state spending, especially on the military, also brings the rate above the level seen during the market panic at the start of what Russia calls its "special military operation" in Ukraine in February 2022." reuters.com

Wonder what the credit card rate would be?

And nothing says, "I'm winning the war" like buying 10,000 North Koreans for deployment to Kursk, where the Russian military has failed to dislodge the Ukrainians from their incursion into Mother Russia.

 

[Greyman50]

Hopefully ole Putin will not be inclined to start another war as poor economic times often lead to war.

 

[WR Moore]

I expect the NKs are rented, not bought. Not that it makes much difference to them.

 

[dockmurgw]

The Axis of Evil lives on through the decades. The same usual suspects, some things never change.

 

[biku324]

Did I mention our prime rate is 5% this week?

 

[sjmjax]

“Don’t buy a house in Russia”

Guess I’ll scratch that off today’s “to do” list.

 

[Rudi]

I bet the norks in Kursk eat better than the ones at home.

 

[biku324]

For a while, at least.

 

[Beemerguy53]

The Axis of Evil lives on through the decades. The same usual suspects, some things never change.

Unfortunately, some things do change...for the worse.

When Saddam Hussein invaded Iraq in 1990, the United Nations Security Council demanded that Iraq withdraw its forces, and issued an ultimatum to that effect. The USA assembled and led a UN coalition to expel Iraq when Saddam failed to withdraw as demanded.

Almost three years ago, Russia, a UN member, invaded Ukraine, another UN member, and the UN again passed a resolution condemning the invasion and demanding the invaders withdraw. But when Russia thumbed its nose at the UN...nothing happened. It's disgusting...

Even more disgusting is the attitude of some Americans these days, who have no problem with Russia's aggression against Ukraine, and who would just as soon see Putin win this war.

President Kennedy is spinning in his grave...

[ame]https://www.youtube.com/watch?v=ZztKOQXdm6c[/ame]

 

[03hemi]

Dang and I just found a killer deal on an estate in Chenobyl too!

 

[Greyman50]

Bet you’d get a “ glowing deal” on that…..

 

[SMSgt]

For those who think Western sanctions don't 'bite' Putin's Russia, there's this...

"MOSCOW, Oct 25 (Reuters) - Russia's central bank hiked its key interest rate by 200 basis points on Friday to 21%, the highest level since the early years of President Vladimir Putin's rule, when Russia was recovering from the chaos that followed the collapse of the Soviet Union.

The move, driven by massive increases in state spending, especially on the military, also brings the rate above the level seen during the market panic at the start of what Russia calls its "special military operation" in Ukraine in February 2022." reuters.com

Wonder what the credit card rate would be?

And nothing says, "I'm winning the war" like buying 10,000 North Koreans for deployment to Kursk, where the Russian military has failed to dislodge the Ukrainians from their incursion into Mother Russia.

Likewise, the Ukrainians have failed to dislodge the Russians.

 

[biku324]

Yup, it's at gritty determination now. The world learned from Vietnam and AF x2 that they is to just not give up.