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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Rob Shilling who wrote (917)2/20/1999 6:24:00 PM
From: Ken Katz  Read Replies (1) of 1301
 
Rob,

I absolutely agree that <<This idea that somehow they are going back to communism is a western media myth. >>

Unfortunately, the development into Western European or US type economy is not the only alternative:
India is the second country in the world in population with a large educated class -- GNP per capita $300 vs US $30000.
Mexico is a large country as well as Columbia and Nigeria.
They all never knew communism and have abundant resources.

Wish you were right in the long term. Buying Yahoo meanwhile...
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