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David Frum @davidfrum

RT @andersostlund: When your operational security is so bad your troop movements are broadcasted live on CNN. https://t.co/rhLcLG0vPI — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @peterbakernyt: Trump says he called Putin smart because he was asked is Putin smart and he simply agreed. In fact, that's not what he w… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

More financial hammer blows — PolitiTweet.org

Bloomberg @business

Joe Biden’s administration bans U.S. people and companies from doing business with the Bank of Russia, the Russian… https://t.co/l3JXUJkkFk

Posted Feb. 28, 2022
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David Frum @davidfrum

RT @andersostlund: Good summary of some of the fighting in Kharkiv yesterday. Calling Russia a "far superior enemy" is starting to feel a l… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

Closes the last escape hatch from central bank sanctions. Chinese central bank can facilitate direct goods-for-goods barter between Russia and China. But to sustain the ruble as a currency requires the ability to access dollars, Euros, pounds, and yen. — PolitiTweet.org

The Moscow Times @MoscowTimes

Japan will join the U.S. and EU in sanctioning Russia's central bank, prime minister Fumio Kishida said Monday. The… https://t.co/0gAakRYXTe

Posted Feb. 28, 2022
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David Frum @davidfrum

Everything they wanted to perceive as decadent and weak has proven strong and brave; everything they wanted to represent as fearsome and powerful has revealed itself as brutal and stupid. — PolitiTweet.org

Christian Vanderbrouk 🇺🇸🇺🇦🌻 @UrbanAchievr

so much seething about Ukraine winning the propaganda war from the “national conservative” right, it’s quite revealing

Posted Feb. 28, 2022
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David Frum @davidfrum

RT @BondHack: “A Russian default is now a real possibility,” said @tashecon, economist at BlueBay Asset Management. “It’s utterly staggerin… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @AFP: @AFPphoto #UPDATE The ruble collapsed against the dollar and the euro on the Moscow Stock Exchange as the West punished Moscow wit… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @DKThomp: In 2014 Sberbank was the largest bank in Russia and third largest in Europe. Today its London listing opened down 74%. https… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @KeirGiles: Russia-Ukraine talks kick off with an assurance from the Belarusian hosts that "you are in complete safety, this is our sacr… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @UrbanAchievr: many such cases! https://t.co/RaR422yHfm — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @UrbanAchievr: so much seething about Ukraine winning the propaganda war from the “national conservative” right, it’s quite revealing — PolitiTweet.org

Posted Feb. 28, 2022 Retweet Deleted after 28 minutes
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David Frum @davidfrum

RT @DKThomp: The Russian central bank more than doubled its key interest rate to 20% today and Russia imposed capital controls. https://t.c… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @business: Here are some of the complexities — and possible losses — that investors will need to consider as they try to offload holding… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @AmichaiStein1: Ukrainian interior ministry adviser says dozens killed in mass shelling of Ukrainian city of Kharkiv https://t.co/nXGDKC… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @C_Barraud: 🇪🇺 🇺🇦 EU ENERGY MINISTERS LIKELY TO DECIDE ON MONDAY TO CONNECT UKRAINE AND MOLDOVA TO EU ELECTRICITY NETWORK TO MAKE THEM I… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @AVindman: The pictures from Kharkiv, Ukraine second largest city, are terrible. There are many civilian casualties. Russian Armed Forc… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @AFP: #BREAKING European subsidiary of Russia's Sberbank 'failing or likely to fail': ECB https://t.co/kGS0qcngKR — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @McFaul: The people who know Putin the best -- people I know in Russia -- are worried about his recent nuclear statement. The people who… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @business: Russians lined up at ATMs around the country to withdraw foreign currency as new sanctions to punish the Kremlin for its inva… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @olex_scherba: Moscow stock market postpones the opening… 😀😀😀 #терпимоякрасавица — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

Putin wanted to restore the Soviet Union as a territorial empire. Instead, he's reverting to the old Soviet closed and controlled economy - with all that implies of isolation, primitiveness, and poverty — PolitiTweet.org

Phil Stewart @phildstewart

BREAKING - The Russian central bank has ordered market players to reject foreign clients' bids to sell Russian sec… https://t.co/xpDy5d0Jcs

Posted Feb. 28, 2022
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David Frum @davidfrum

RT @idreesali114: South Korea to ban exports of strategic items, joint swift sanctions against Russia - Reuters, citing foreign ministry. — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

What was a Soviet ruble worth? There was an official exchange rate, whatever the hell it was. And then there was the reality that no amount of Soviet rubles could buy meat or fish or shoes or blue jeans, only foreign currency could do that. That's "worthless." — PolitiTweet.org

Vroom @vooch34

@Michaelhorowicz @AFP @davidfrum What is worthless? 150? 1500? 15000? Depends on the context.

Posted Feb. 28, 2022
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David Frum @davidfrum

@ericowensdc I don't know what Russia has by way of western loans, but if it defaults on them, western central banks can repay western creditors out of Russia's own frozen foreign currency reserves. — PolitiTweet.org

Posted Feb. 28, 2022
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David Frum @davidfrum

@ericowensdc Sane response: Make the best peace deal you can, as fast as you can. Likely response: Make the ruble non-convertible, expropriate all private holdings of foreign currency, replace foreign trade with bilateral barter, and pledge gold to China for Chinese-made imports. — PolitiTweet.org

Posted Feb. 28, 2022
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David Frum @davidfrum

Doubtful that the ruble will be convertible into anything at all much longer. It's on its way to effective worthlessness, as the Soviet ruble was effectively worthless: an accounting unit within a closed economy, but unable to buy goods or services on international markets — PolitiTweet.org

Posted Feb. 28, 2022
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David Frum @davidfrum

RT @idreesali114: The rouble dropped to as low as 119 per dollar in early trading, screaming through its previous low of 90 roubles per dol… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @AFP: #UPDATE Russia's ruble plunged nearly 30% against the dollar Monday after world powers imposed fresh, harsher sanctions on Moscow… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet
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David Frum @davidfrum

RT @idreesali114: Feb 28 (Reuters) - Asian aircraft lessor BOC Aviation said on Monday that EU sanctions requiring the termination of lease… — PolitiTweet.org

Posted Feb. 28, 2022 Retweet