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To: Elizabeth Andrews who wrote (3771)2/26/2003 4:46:21 AM
From: X Y Zebra  Read Replies (1) | Respond to of 4051
 
We should, based on this, look at country risk with respect to the government's intent to improve the lot of the governed or its intent to loot it in a conspiracy with the elite.

...not forgetting that in certain "country risks" government and "the elite" are one and the same...

[in some instances, the very concept of "democracy" is part of those looting elites...]

"It is a besetting vice of democracies to substitute public opinion for law. This is the usual form in which masses of men exhibit their tyranny."

~ James Fenimore Cooper, The American Democrat, 1838