Hey, Bill O'Reilly here. Welcome to the Noosefin News Thursday, February 24, 2022. Stand up for your country and don't panic.

All right, bad day for the world, bad day for the USA. We're going to walk through it, but panic is bad. Clear thinking is good.

So this is round one of the new Cold War, which is here to stay for a while. All right, it's back. And not going to be any day,

Tom for a while. Putin's not going to surrender for a while, but he's not going to win China, big wild car and a sidelines. All right. So this was just an incredible display of arrogance by Vladimir Putin, disrupting the entire world by invading Ukraine with 175,000 soldiers.

We've seen it before in history, but we have not seen an invasion like this in World War II. You can imagine that. So working on 80 years, we haven't seen stuff like this. Putin does not care. And that's a key. All right. You can't reason with them. This isn't a rational move. There's no justification for it. He is a worldwide pariah as President Biden said today. That is true.

If you support Putin at all in any way, you are suspect. Keep that in mind because there have been pundits and politicians who have supported Putin. I don't mean saying that he's clever or this or that. That's not what I'm talking about.

But if you think that Vladimir Putin is an honorable human being in any way. Okay. So let's run this down very methodically here. So you understand all the implications because it will affect you.

People who are watching and listening to me right now, it's going to directly affect you your life. Putin's action in far away you create. Most people don't even know where you create is. It's going to affect them all. Okay.

So the Russian stock market today. Remember, Russia is a primitive country.

People there don't have many assets. They live week to week. But there is a business structure in Moscow. All right. And the gangsters, the oligarchs, the people who surround Putin, they make billions.

So the Russian stock market was down by about 40% today. 40% half of its value vanishes. All right. So the estimation is that 70 billion dollars was lost by Russian companies today.

An example, a spur bank, one of the biggest Russian lenders, is down 72%. Because they can't get capital. And this is going to continue.

So the Russian economy is going to go into a depression, not a recession, a depression. And so be thankful you don't live over there.

Gas from the giant gas company. All right. That was down 40% today as well. Because they're not going to be able to sell as much gas to the west.

They still will sell some they shouldn't. And that's I'll get the Biden in a minute. All right. They shouldn't. But there's a necessity they'll sell some, but not nearly as much.

Okay. And the rubble that is their dollar, the ruble record low. All right. For the rubble. So if you have Russian dollars, you can't spend them anywhere else, but in Russia right now. Nobody's going to take your rubles.

All right. So in the USA and other Western markets, the stock market was down. It's been down. We all got hurt. All about who have investments got hurt.

All right. And I think it's temporary. At the end of this broadcast in my final thought, I'm going to have some advice for you. I think it's temporary. But a Russia is not temporary. That's the difference.

Okay. So crude oil hit $104 a barrel today. It's back off a little bit, but it remembers like $30 a barrel when Trump is in office.

So we're going to be paying by the end of the summer for a gallon of gasoline here in the USA. That's $5 on average. So get ready for that. And that's going to doom the Democratic party.

It's absolutely going to doom it. So again, everyone in the world is affected by this action that Putin. One man. One man has created all of this pain and chaos. Not dimensional loss a lot.

You know, we don't know how many Ukraine's are dead. How many Russians are dead soldiers. We don't know. I mean, there's some reporting, but not a lot.

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