• JulianusOP
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      3 years ago

      It ceases to exist. With no capital investment companies can’t grow, people have nowhere to invest savings (see the mega-housing bubble in China, as a result of that), and the currency backing it becomes meaningless.

      Here, they are just delaying because the open would see a free fall. Judging by the performance of listings for Russian companies on the London exchange, they’d be trading at penny stock levels now.