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: John Liu who wrote (660)	9/10/1998 8:50:00 PM
From: doormouse	Read Replies (2) of 1301

Primaokov is the best news. Cherny would have just divied up what's left amongst his cronies. Primakov is honest, not interested in the spoils, and will hire professionals to try to move it forward. And moving forward may entail a few moves that could be interpreted as "moving backward," but remember, this is Russia. With no doubt, western media will have a field day casting aspersions on "Russia's backward moves," but pay little heed. It's bad news for Berezovsky and the plundering oligarchs... is not unlikely that there will be re-privatization and then re-auctioning of some former state assets under international eyes. The run on rubles,,, simply, when a currency is devalued 300% in a couple of weeks, they run out of paper, because it takes 3 times more to do the thing, and they did. That's as much of a conspiracy even a Russian needs consider.

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