Investment in Russia and Eastern Europe Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Investment in Russia and Eastern Europe

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CIMA who wrote (508)	8/24/1998 6:49:00 AM
From: Rob Shilling	Read Replies (3) of 1301

CIMA, spare me the doom and gloom That is all we are getting on the TV too. Everybody is sure Russia is going back to communism except for those that know the real situation. As far as Victor C. and his responsibility for the situation, last last full year he was in power the economy grew by 0.7%. Russia is not asia. In asia they are in trouble because they have overcapacity in production after years of not following free market principles of focusing on profits. Russia is the opposite. It does not have a large manufacturing base. It has recovered from a contraction that was worse than the Great Depression. If the world is flooded with cheap goods, Russia would benefit from cheaper imports. This is the beginning of the turnaround in Russia. Victor C. is going to focus on the markets first. If you think Russia is worth the value of one American tech stock I would have to disagree.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next