WATCH: Russian Economist Drinks To โ€œDeathโ€ Of Countryโ€™s Stock Market On Live TV
โ€” Updated on 29 January 2023

WATCH: Russian Economist Drinks To โ€œDeathโ€ Of Countryโ€™s Stock Market On Live TV

โ€” Updated on 29 January 2023
Garry Lu
WORDS BY
Garry Lu

Like the vast majority of us, Alexander Butmanov โ€“ CEO & Founder of leading algorithmic fund: DTI Algorithmic โ€“ is tired of living through chapters of future history textbooks. Precedented times are, of course, now a distant memory. From warfare to the ongoing plague, weโ€™re effectively in the end days. But this wasnโ€™t exactly the sentiment a Russian financial channel was expecting when they invited the bloke onto a live broadcast, and certainly not in such ballsy fashion.

The producers shouldโ€™ve probably raised a red flag when Butmanov opened the segment by refusing to say โ€œgood afternoonโ€ in return. The reason? The guest analyst didnโ€™t see a future in his industry, given the sanctions imposed by the US and European countries as a response to Ukraineโ€™s invasion. When prompted about whether exchange strategies are outdated, as well as whether he wishes to remain in his current profession, the mad lad offered a hilariously laissez-faire response.

RELATED: The Worldโ€™s Richest Lost $223 Billion In The Stock Market This Monthโ€ฆ Except For Warren Buffett

โ€œAs a last resort, I will work as [a dress-up] Santa Claus like I did 25 years ago,โ€ said Alexander Butmanov before reaching for a bottle.

โ€œJokes aside, letโ€™s get this done quicklyโ€ฆ I send my regards to Sergey Usichenko, who drank 13 years ago to the death of the stock market. Today, I drink soda.โ€

โ€œDear stock market, you were close to us, you were interesting. Rest in peace, dear comrade.โ€

The host, who clearly wasnโ€™t briefed on this gesture, concluded the interview by saying, โ€œI wonโ€™t comment on this flash mob because I donโ€™t want to believe it,โ€ as Big Man Butmanov downed his sugary poison like a champion.

According to Bloomberg, Russiaโ€™s decision to halt local trading for the fourth consecutive day represents the countryโ€™s longest pause since 1998. And at the time of this writing, the Russian rouble is valued at just $0.0091 USD. As many financial meme pages have pointed out, thatโ€™s less than a Robux, the currency for the popular kidโ€™s video game Roblox, which currently sits at a value of $0.11 USD.

Check out Alexander Butmanov toasting to the โ€œdeathโ€ of Russiaโ€™s stock market on live television for yourself below.

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Garry Lu
WORDS by
After stretching his legs with companies such as The Motley Fool and the odd marketing agency, Garry joined Boss Hunting in 2019 as a fully-fledged Content Specialist. In 2021, he was promoted to News Editor. Garry proudly retains a blue belt in Brazilian Jiu-Jitsu, black bruises from Muay Thai, as well as a black belt in all things pop culture. Drop him a line at [email protected]

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