So we have some massive updates from the Russia - Ukraine crisis. Russian Ruble plunges to record lows, now down 25%. Russia is simply unbankable now. BP said on Sunday it plans to abandon its 19.75% stake in oil giant Rosneft. Steve Hanke, Economist at Johns Hopkins says latest moves will result in 69.4%/yr inflation immediately for Russian economy due to recent sanctions. Oil shooting up again - Crude oil is back up to $95 which is almost 5% rise as Russia fears dominate. Major oil supplier. Russia exports around 4-5 million barrels per day which is 10% of global oil and many other important updates inside.
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Hey everyone. I have a lot to talk about today, there's so much going on. I was trying to make a video, but i decided it would be better to get together right here and live and, of course, this video will be posted later for everybody to watch. See and hear, but i feel like it's easier for me to do this live instead of you know, editing and putting out there by the time you get this news, it's going to be tomorrow.

So this you know this world is moving faster than we've ever seen before catching up with this is going to be a little bit hard, but i have my notes: i've been up for a few hours and have everything set up for you, so there's gon na Be, let's say five to seven minutes of everything: that's going on right now that you need to know about as far as russia, ukraine, the stock market and whatnot, and at the end of this, when we're done uh, i'm going to take some questions from from from You guys from from from the comments, but just bear with me. While i go through the initial kind of notes that i have about this, so first of all, there's some big updates out of russia. Apparently, the russian ruble uh plunges to a new record low, believe it or not, um after this recent wave of sanctions that only seems to be getting worse by the minute and just dropped 25. It's about 105 rubles per dollar and from my friends in russia.

I can tell you 100 that bank atms are almost not working very hard to find an adm that actually works, so people are trying to get cash out because nobody accepts credit cards. Apple pay is not working, so people are rushing for the cash machines and they don't pretty much work anymore. Very few that do and apple pay doesn't work. I just mentioned it before.

Basically, the russian economy is going down, the toilet, uh putin obviously won't care, and even though china might take a little bit of the pain off, it's not going to be enough to replace european money. I mean european money is pretty much 40 of the russian budget. That's russian energy sales to europe. It's going to be very hard to replace.

In fact, these latest sanctions kind of turn russia to unbankable. Now i guess the right term, not only that logistically being in russia right now, is living hell. Ups, fedex not delivering to russia until further notice. The european union just announced their skies are closed to russian airliners.

Bp just announced that they're, basically abandoning a 20 stake in rosneft. Now i don't know exactly what it means that they're abandoning it i'm assuming they're, going to sell it, but basically they're getting out of russia and there's also a very interesting article by steve henke, an economist from johns hopkins. Basically, he just said that the recent uh two days, the turmoil that happened in russia, is going to effectively spike russian inflation to 70, almost 70 percent on a year-to-year basis as it stands today, so russia is going to through some serious pain. Obviously, it's not going to be good for poor people, but politicians not only in russia.
Politicians usually don't care about the suffering of the poor guy. So it's not going to stop putin, but it's going to be very hard for ordinary russians that probably most likely don't even support this war, and we do on the screen right now you can see oil is shooting up again. Crude oil is back up to around 95, give or take based on russia fears. You know russia is a major oil supplier they're, not the biggest one.

Russia exports about four to five million barrels per day, which is like one tenth of the global oil supply. It's massive, but it's uh, it's not like cataclysmic, still, a big big chunk of oil. That's now in question on gas they're way more substantiated on gas, they provide a 40 of europe's gas, which is a big deal, so we're going to see some spikes there as well. Now, on the good note, i guess if there's a good note here, i don't know if there's a good note here, but i think you remember the famous song by edwin starr war.

What is it good? For i mean i'm guessing the dude didn't have military stocks because those are flying through the roof. The merchants of war are are basically enjoying what all of schultz the chancellor of germany said friday. Basically, he said: hey we're going to put 110 billion dollars this year into our military spending, which is double than what we usually spend in the regular year and from now on going forward. Two percent of our gdp is going to go to military for a country like germany.

That's a lot. That's like a 35 increase of the usual military spending. I'm assuming other eu countries will follow as everybody scrambles to kind of remedy the the underspending that they had over the past 20 years. I mean the companies like lockheed are going to make a lot of money, raytheon, gd and even palantir he's on that list.

Believe it or not up, i think two percent free market we're going to take a look at in a second speaking of volunteer. It seems like alex. Carp was 100 right and palantir is, you know slowly becoming one of the most important software companies in the world as it stands with this conflict everything he said about the chaotic world, the adversarial nature of the forces of of democracy and freedom versus the evils are Now happening, and so on the one hand palette is, is basically enjoying the the rise in the military stocks, because they're a massive military supplier, on the other hand, they're pretty much. Writing the high of the then ives note from what bush basically saying hey cyber security is going to be huge right now and just from thursday, paletae went up from 9.8 to 12, almost 12 dollars.

Today, it's like a 20 rise in the single day or day and a half, and i don't know if this is sustainable and i don't know if the stock goes to seven dollars or 77. I don't care it's honestly, just interesting to see how alex was right in his prediction that palantir is going to play a major role in whatever it is. The world is becoming right now and i do have some updates. So i have friends in belarus.
Apparently the whole belarus draft to join the war in ukraine is real. It seems uh, it's not officially confirmed, but i did speak to some people on the ground and it seems that the belarus um is going is going in on it, not good news for belarus. I mean their military is even worse than putin's and putin's just got exposed just more 18 year old kids going through the meat grinder of warmongering dictators. Very, very sad putin by the way seems to be very frustrated by the lack of progress, even though he tried to throw in the chechen army to an extent it didn't really work.

Now. The belarusian draft, i'm assuming, is not going to work his latest nuclear threat that he just voiced with the with the whole nuclear stuff. Raising nuclear alert is just a sign that he's getting frustrated. It's essentially a sign for nato, hey back off because he's getting exposed right now in the military front, he's basically telling hey nato back off.

I still have nukes you know, even though i'm getting exposed in battlefield, you still can't touch me and yep. So that's kind of my recap over the past uh. I don't know how much longer this took. I have no idea.

Let me try and see this probably took what, like a few minutes, a good few minutes. How long will be on? I don't know whatever it is, i think, like uh, yeah, five minutes, six minutes good so now questions - and this is the end of the video from this point on just questions from the from the chat uh. Thank you. Adam bergman, for the ten dollar super chat.

Tom, i appreciate you thank you for that episode as well. I love the content. Uh support brought a brighton b, let's go volunteer and let's stop this war. Thank you for your no bs videos.

I i really agree with what you said here. I mean um, there's literally guys. This is something that you don't know. Probably and but there's 6 000 people been arrested in russia for protesting against this war.

Imagine you know you're going out to protest against this war and you're most likely will get beat up, arrested or maybe even both quite severely and you're, still going out to protest against a tyrant, and you have to appreciate the people who are risking their lives literally In russia right now to protest, this 6 000 brave mother lovers - and i want to give you a few shout outs here - to people who are in the chat and and take some um some questions and okay kyoni says: seven minutes: we got it, we got it Right that i wanted to be a quick video, i don't want to be on for hours and hours and hours, that's not the point and yeah. This is also actually news that i didn't cover, and this is 100 correct. I saw this on the news as well. Belarus is changing constitution, basically to allow russian nukes to be placed on its sovereign territory.
I guess the question of the sovereignty of belarus. It's an interesting question, not sure how to answer that. At this point, i think everybody knows um. Okay, what else here tom? Who dyes your hair? Does it's fabulous? It's just natural.

I don't do nothing with it. That's how i wake up. I kid you not um okay. So this is a very question.

Uh interesting question by andel de souza. Should russia back off? Will the sanctions be reversed by the way, i hope you're joining me with this morning's tea or coffee whatever it is chai? My end, hey comment below what you guys drinking this morning. So should russia back off, will the sanction be reversed? Uh, yes, but russia will not back off and i'll explain why anil the problem with what russia is doing right now, it's part of a bigger master plan and i've spoke about this earlier. So you have to understand that putin didn't select this timing accidentally.

He selected this timing because he's looking at a very divided united states and very inflation hit us. Basically, the us is dealing with inflation they're dealing with an internal debate of the identity of the u.s. Going forward and the worst thing they want right now is either a war or another energy crisis. So if you go to war with russia, you're almost guaranteed an energy crisis and the spike in energy prices, so he basically assumed with how bad inflation is.

They can't afford to go to war with me, so he underestimated the west resolve. I think in this case, and his master plan is very simple and you might say well, putin is getting exposed on battlefield right and his soldiers are getting shellacked by these partisans. Out of the woods in ukraine, which is pretty much their army and and well that means that he's basically lost the thing with putin. You have to understand that he doesn't really care about that.

He would love to conquer ukraine much faster, but it doesn't really matter because nobody can get involved. Ask yourself this question: why is none of the western countries are getting involved in this? Well, that's because he has nukes, you don't want to go to war with a nuclear superpower. Okay, so once assuming he takes ukraine and i hope to god he doesn't. His next target is going to be moldova, non-nato country, which i assume the you know the west will.

If ukraine is any evidence will probably be the same and moldova, i don't know if they can hold up like ukraine and then basically he'll go and eye the non-nato countries like the uzbekistans kazakhstan, all these other former russian republics, and then i think, was going to Be very interesting, i think, he's going to make a play to test nato, because nato is a concept. If you look at how much troops nato has in europe thousands, it's not a big, it's not a big organization as far as troops on the ground right now. It's a concept. The concept basically says we have section 5 to our agreement to our treaty.
That says any attack on the single member of nato is an attack on everybody and everybody has to respond. That's a concept so when he goes for like one of the former soviet uh countries and like in estonia, i don't know somebody up there. I think that's going to be the big test for nato, because they'll have to calculate. Do we want to go to and potentially a nuclear war with him, or do we let him have another country? I think that's going to be a really big test for nato.

I hope to god they stand up to him and but that's that's kind of my take on this and yeah he's a very dangerous man. That's why his latest threats about uh? Oh i'm, braiding up the nuclear readiness, blah blah blah, just a signal to the west. Basically, hey i'm crazy, hold me, i'm crazy. I have nukes, you don't want to you, don't want to go to war with me and for fun.

Thank you for the to your donations. Greetings from germany stay strong ukraine, yeah for fun. Greetings to you as well. Germany is going through some crazy changes right now, um we've been seeing and unders like gemini is probably the biggest spender in the eu for military, and they just went through this a crazy ramp up doubling spending this year and 35 increase going forward.

Uh, i'm assuming other eu countries will follow. I think it's about time. It's about time with the threats that are facing. I think it's time um.

Thank you fc from germany as well shout out to all my german brothers, germany really pulled through here, because you have to understand that for germany to say, hey we're cutting off certain russian banks from swift, we're basically telling putin to f himself, and they were it's A huge risk for germany to send military equipment to ukraine. It's a huge, huge risk because germany is 60 reliant on russian gas, so they literally risk freezing. Literally it's that bad, it's still freaking cold in germany, so they risk freezing to protect ukraine. I mean if you're from germany, i salute you yeah, that's crazy.

Germans really came came through this time like huge, and i agree with you mc that it's encouraging to see russians protesting. But the thing is every single one of those will get arrested. We will get beaten up and it's putin doesn't really get swayed by public opinion. He's i mean it's very different from what we're used to seeing in western countries.

There's not a lot of, i guess, sensitivity to public opinion over there. It is what it is: hey greg. What's up, buddy smash the like button, good people. Thank you great for that.

I appreciate it. What the finance i don't want to be a pessimist, but do you think there's any chance? Russia doesn't take full control of ukraine. I hope to god: ukrainians can battle them off, it's just the sheer size. Look, russia has a size advantage.
They can lean on you the amount of troops they can send over there and by the way, just you know it's almost morbid, but in russian a troop. It's a dead body, so when i say it's really, i i want to cry when i say this: there he's going to a lot of 18 year old kids who have no idea what they're fighting for on both ends will pay with their lives. It's a very, very sad, cynical sacrifice that nobody needs to make. I'm just really really shook by this that it's actually happening 18 year old kids.

Imagine what were you doing when you were 18, definitely not going to die in some foreign country. You have no business! Being in this is horrible horrible and casio, saying jack to the yeah lava ukrainians love ukrainian. I can agree with a hundred percent and send grandpa over there and end the war he wants to go. You kidding me.

He wants to go. Uh, obviously he's not going but yeah he he probably like 20 years ago. He would have not asked and just went um yeah he's uh he's one hell of a one hell of a guy and diary of a pro gamer. Thank you for the 20-year donation.

I really appreciate you tom. I know that you are very closely affected by this war because of your family and friends. It means a lot that you are taking the time of your day to still produce content. Thank you.

So much hey! Thank you guys as well. I do i want to keep it simple today and quick again appreciate the donation. I don't want to stay on for too long. The market opens in an hour and a half.

I just wanted to come here come on here. You know give you guys kind of a quick update about what's going on uh. I just want to give a shout out to jordan mcmorris for the two-door donation. Why isn't gush hitting the sky right now? I don't know about gush i'll check it out um.

I do want to recap before i go before: don't super chat anymore because i'll be leaving in five minutes, so i don't want you to super chat and i won't get to comment. I just want to recap real quick about uh. You know the main points so essentially before you go. This is what you need to know.

Russia economy is going through terrible turmoil. Russian ruble is dropping like a stone atms are basically non-operational, apple pay doesn't work, russia is now unbankable, bp is abandoning russia holding ups fedex, not sending inflation in russia is going to go through the roof. I'm assuming oil is going to go up because you know we're talking about the 10 of the market held by russia, 40 of european gas. It's gon na it's going to be bad.

It's not going to be good for us as well um. You know defense and cyber security is going to go up, we're seeing a spike in palantir, for example. Um again, don't know how long don't know how volatile it's going to be um yeah peace talks in in belarus right now. I don't know how it's going to play out um.

It seems to be very pessimistic about the the peace talks. Let's see how it plays out and want to give a shout out to tech. Matt eris keep up the good work. Hey! Thank you matt.
I appreciate it. Thank you all for coming by today. I want to keep it quick and to the point. I don't like these streams.

They get monetized long for staying on for two hours. Then you know i don't want to be here for money. I just want to be here for you guys so nice and quick and just you know, send you off your way. Thank you, everybody for coming on and and again, if you don't mind, just dropping in the chat, some kind words for our brothers in ukraine.

Some words of support, uh slavaokrain, whatever you want to send these guys. Let's, let's spread some. You know positive energy towards ukraine in the chat right now and hopefully i don't think i'll be able to i'll try to do a market close or post market close, probably around maybe 4 30 after the market closes to give you an update about what just happened. How the day played out, i don't want to do daily streams of market.

I don't want to do that, but it's kind of a special occasion, because everything is going on right now in ukraine. So i'll do that as long as we have this crisis, but then we're going back to normal content, stay strong everybody. Thank you for showing up a comment below some kind words to ukraine kisses and hugs i'll see you boys and girls. Probably tonight later.


By Stock Chat

where the coffee is hot and so is the chat

34 thoughts on “Breaking news! major russia ukraine and market updates!”
  1. Avataaar/Circle Created with python_avatars Minsun Kim says:

    Poor kids who needs to obey this dictador and sacrifice their lives.

  2. Avataaar/Circle Created with python_avatars Laurent Renaud says:

    It's a risk for Germany but all at their advantage to get rid of a senile bully who makes them sweat since decades, that's an opportunity and I'm glad they took it.

  3. Avataaar/Circle Created with python_avatars andy vince says:

    Love, support and sadness for Ukraine. Putin must be stopped, he took Crimear and the west did nothing. No one in power has leaned anything from history. If no one stops him he will see it as a green light, Just like Hitler, He has said so, ref… Catherine the great. The west are Fools, 1930s all over again. God how the word misses Trump, this would never have taken place. Trump was right about the EU buying Russian gas and not spending enough on Defence.

  4. Avataaar/Circle Created with python_avatars Vytenis R. says:

    I wonder if you are planning to leave Patreon after their actions against donations for Ukraine?

  5. Avataaar/Circle Created with python_avatars James says:

    Suffering happen on both side Ukraine taking upfront and local middle class Russian family will take hit for years as World have different view on them and the main DON behind this is USA. USA/NATO expansion program went all the way to eastern Europe the last state to bring on to NATO is Ukraine and once Ukraine join NATO then USA/UK/NATO will plant their troop right at the door of Moscow and that is the main reason why RUSSIA declare war. USA always make sure that no continent stay peaceful. Along with Russia, I blame USA for this mess.

  6. Avataaar/Circle Created with python_avatars Pavel Sokov says:

    Embarassing times to be a Russian, kind of struggling with it. I never thought it was possible to attack our brothers and ruin the future of Russia for no reason

  7. Avataaar/Circle Created with python_avatars Laurent Renaud says:

    The only good part is that Putin just blew his legacy, he was kinda "ok" with history now it's just another senile fk brandishing nukes and sending kids to get mauled. He's erased from the greatness, just another greedy senile fk.

  8. Avataaar/Circle Created with python_avatars oroincorporated says:

    Don't worry Tesla should be at 1700 to 1800 by now… Remember going to go to 3000 in the next 12 months.

  9. Avataaar/Circle Created with python_avatars Rocky Tillman says:

    I like this live format. It ended up being just under 19 minutes. I think a 30 to 45 minute video would've been perfect.
    I also love that you're the only "don't click nothing, don't buy nothing" youtuber.
    We are on this channel because we like you, Tom. Don't worry about ads. Stay as long as you like. Feel free to monitize it. It helps us support you while you support us.
    And I'm drinking coffee. 🙂

  10. Avataaar/Circle Created with python_avatars Randy Crypto Savage says:

    Germany will fail against Russia again. Just like it happened in WWII.

  11. Avataaar/Circle Created with python_avatars Antony Stringfellow says:

    UKRAINE APPEAL FOR HELP:
    Addressing "all citizens of the world, friends of Ukraine, peace and democracy," Zelensky said: "Anyone who wants to join the defense of Ukraine, Europe and the world can come and fight side by side with the Ukrainians against the Russian war criminals."
    Those who wish to join should contact the Defense Attache of the Embassy of Ukraine in their countries.

  12. Avataaar/Circle Created with python_avatars Mollasima says:

    I have watched every one of your videos about Russia and Ukraine. Thank you for covering this. You have insightful thoughts as to Putin's intentions and reasoning.

    And, I'm drinking ☕coffee!

  13. Avataaar/Circle Created with python_avatars Больше золота says:

    Yep, and it's just the beginning.
    We will handle it.
    Situation is slightly different you mention at the beginning 😉
    It's our land, we will protect it, especially with your USA and EU help, thank you as country!
    Your support provide real help.

    And thanks for kind words, Tom.

  14. Avataaar/Circle Created with python_avatars Rock 'N' Roll says:

    Thank you for your info on what's going on in Russia/ Ukraine. God Bless Ukraine and Russia, Putin is not represented Russian Peoples.

  15. Avataaar/Circle Created with python_avatars Matthew Thrasher says:

    Will Russian nukes even leave their silos and launch pads? They didn't even put enough gas into the tanks to make it to their objective.

  16. Avataaar/Circle Created with python_avatars Darko Acimov says:

    Buy everything which will take over Russian Companies' market share. $NTR which is also inflation proof

  17. Avataaar/Circle Created with python_avatars lucas lim says:

    Coal is still the most economically viable fuel…cheapest to tramsport n store , could b an option on EU table

  18. Avataaar/Circle Created with python_avatars Vic Gilles says:

    Mother lovers is now and forever mother truckers Tom

  19. Avataaar/Circle Created with python_avatars Gary Barrett says:

    Putin has put his hand into a monkey trap where the hole is big enough to put a hand in but too small to pull out a fist clutching the prize. Has he the intelligence to let go and walk away or will he keep his hand in and ruin Russia?

  20. Avataaar/Circle Created with python_avatars Kate HighEnergy says:

    My 🇺🇦 love and gratitude to Russians who went out to protest, and to Germany 💞 appreciate you Tom!

  21. Avataaar/Circle Created with python_avatars lucas lim says:

    Almost wanted to buy RSX…lucky i hesitated

  22. Avataaar/Circle Created with python_avatars lucas lim says:

    How about sliver miners ? Seems like lot of ppl collecting sliver medallions

  23. Avataaar/Circle Created with python_avatars ghattmd says:

    Tom, you're the most down to earth YouTuber. I want to hang out with grandpa after the war and hear the stories.

  24. Avataaar/Circle Created with python_avatars juan diaz says:

    Hey Tom you're a strong guy doing this live. I would be an emotional mess in tears doing this live

  25. Avataaar/Circle Created with python_avatars Devon says:

    Hope Ukraine loses their country for the way their mistreating the black Citizens of their country. So fucked up so I hope they lose but this all seems like a charade in the first place

  26. Avataaar/Circle Created with python_avatars Joel Sapp says:

    i hope this one doesn't end in a world war but it is looking like it

  27. Avataaar/Circle Created with python_avatars Forgotten Destiny says:

    onya tom nash love from australia keep up the great work my friend

  28. Avataaar/Circle Created with python_avatars Calvin says:

    Just as bad are those who continue to claim Putin’s invasion is not imperialism (by Lenin’s definition)

  29. Avataaar/Circle Created with python_avatars plumbusking says:

    Kazakhstan will never be allowed to be taken because of their uranium.

  30. Avataaar/Circle Created with python_avatars Y Gag says:

    George Robertson, a former Labour defence secretary who led Nato between 1999 and 2003, said Putin made it clear at their first meeting that he wanted Russia to be part of western Europe. “They wanted to be part of that secure, stable prosperous west that Russia was out of at the time,” he said.

    The Labour peer recalled an early meeting with Putin, who became Russian president in 2000. “Putin said: ‘When are you going to invite us to join Nato?’ And [Robertson] said: ‘Well, we don’t invite people to join Nato, they apply to join Nato.’ And he said: ‘Well, we’re not standing in line with a lot of countries that don’t matter.’”

    The account chimes with what Putin told the late David Frost in a BBC interview shortly before he was first inaugurated as Russian president more than 21 years ago. Putin told Frost he would not rule out joining Nato “if and when Russia’s views are taken into account as those of an equal partner”.

    He told Frost it was hard for him to visualise Nato as an enemy. “Russia is part of the European culture. And I cannot imagine my own country in isolation from Europe and what we often call the civilised world.”

    After the Orange Revolution street protests in Ukraine in 2004, Putin became increasingly suspicious of the west, which he blamed for funding pro-democracy NGOs. He was further angered by Nato’s continuing expansion into central and eastern Europe: Romania, Bulgaria, Slovakia, Slovenia, Latvia, Estonia and Lithuania chose to join the alliance in 2004; Croatia and Albania followed in 2009. Georgia and Ukraine were promised membership in 2008 but have remained outside.

  31. Avataaar/Circle Created with python_avatars حكمة ذو القرنين Man of 2 Centuries says:

    The best unique possibility to get out of this contagious dilemma of war between Russian Natives Pœples & Tribes is to recognize the 2 republics Donetska and Langetska and to give right to Ukraine Pœple after Referendôm if they want to belong to the european union or to the new future Nordic union of Græt East. Apparently and surely Ukraine as a country of Russian origin had no affiliation either geographically or linguistically with Europe, despite everything this small European union divided without unique social advantage without unique social economy and without unique social currency is not a real unit on the other hand virtual like which it has become based on an unreal virtual currency which brings their weak union economy towards financial crisis after the emergence of corruption strongly in their digital system, this is their final blackout, and this is the cause why they provoke crises policies between non-European countries to destabilize and then convert them back to the European system as prey under their modern colonial system called modern slavery, where rich countries must remain rich and poor countries must be subject to rich countries, and that's all done that the state of place european union falcified!
    And last question for what do Ukraine war propaganda in whose interest and for whom??
    After Ukraine became infected by Germanic politics through boxing show business of capitalists as mafioso without proper thinking for what is it right?? The Russian language has been the origin of this generation of Nordic Orient for centuries and you cannot integrate people like people slave into something else that they are not and were never – It is better for all nations & tribus to choose the Referendôm as a resolution instead of terror & war – Point on Advice!

  32. Avataaar/Circle Created with python_avatars Will Murr says:

    Remember all the people from different countries trying to exit Ukraine ! They need help as well!

  33. Avataaar/Circle Created with python_avatars Thor Hop says:

    Slava Ukraine! From Norway, with love… and also a CRAPTON of money sent Ukraine's way. Here's hoping article 5 isn't triggered.

  34. Avataaar/Circle Created with python_avatars Drago BTC says:

    Look up the other crazy in the world. Brazil's president. SMH.

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