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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (80048)3/15/2007 3:45:04 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
look at global markets. Question a nation of 8 million in the Caucasus - how much they have in their state oild fund today? How much has Kazakhstan? Rusia? Angola? NIgeria? Indonesia? .... etc. no to mention China who are experts to buy on the cheap.

As a side comment just got a call today from the CEO of a small RE company traded on AIM, investing in Germany and CEE countries - sits on $300 million cash - asked my opinion to invest in subprime mortgages.

Now how many of those CEO's are asking the same questions?