Investment in Russia and Eastern Europe Message Board

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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Tony van Werkhooven who wrote (546)	8/27/1998 11:17:00 AM
From: djane	Read Replies (1) of 1301

Whatever happened to the theory that Russia was too big and important (i.e., nukes) to fail? Fascinating. The hedge funds (now failing) seemed to bank on this theory. Wouldn't this be the ideal time for Clinton/Kohl to intervene (after the Duma says uncle) and for Greenspan to lower interest rates (real IRs are way too high on historical basis). Clinton and Greenspan have been conspicuously absent in the face of the Russian collapse. I guess we don't care anymore and are willing to play the dangerous game of chicken

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