Jump to content

Pravda

Advanced Member
  • Posts

    3,898
  • Joined

  • Last visited

Posts posted by Pravda

  1. 1 hour ago, Walker88 said:

    The sanctions are selective. This movement was caused by a slight relaxation that allowed external russia's FX reserves to be used for a bond payment that came due. A large portion of the reserves are in Western banks, and initially these funds were frozen. That freeze drove the ruble down. When Western govt agreed to allow the external reserves to be used to service russian debt---in payments due to Western institutions---the rubble was suddenly 'backed' again by several hundred billion dollars of hard currency.

     

    This morning it's back to about 103 per dollar.

     

    I appreciate the info

    • Like 1
  2. On 3/16/2022 at 11:28 AM, userabcd said:

    Need to study and choose wisely which mutual funds.

     

    My wife has invested in a few of them with different banks and they have shown no or very little growth over 6 years now and most of them are in negative territory. Would have been better to keep the capital in the bank and at least get the interest and have retained the capital.

    Exactly the same thing with my wife's "investments". 

     

    School fees 8 years in the future? In all seriousness expect them to triple. No safe investment for that. If you were back home your government would probably offer a savings account such as registered education savings plan when the government also pitches in. No such thing in Thailand as I'm aware.

     

     

     

    • Like 1
  3. 1 minute ago, Isaan sailor said:

    Interesting perspective.  We’re not all here for the prostitutes, though.  We have great relationships with the locals.  No time for bargirls.

     

    Actually I could care less who's here for what. It irritates me to high heavens how so many are accusing Russians to be indifferent while they live among one of the most complicit and ignorant people on the planet while prostrating and forgiving crimes and murders to people in power. 

     

    The hypocrisy of epic proportions.

    • Thanks 2
×
×
  • Create New...