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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?


To: Jim Fraser who wrote (47)4/8/1998 4:38:00 PM
From: Real Man  Read Replies (1) | Respond to of 1301
 
Wow! Didn't expect that kind of response. Anyway, I'll keep 'em posted
right after I read 'em if I find them useful. I wonder what the next
presidential election in Russia will do to the market. When one has
to be out of Russia? (or short). Of course, everyone knows about
this, so maybe it won't be as awful as it seems now. But it's
unlikely, IMO. The market will be down depending on the percentage
of votes communists get in the polls.... - and the danger is very
real. Of course, it is highly unlikely that
the communists will abolish
private property (if they win -which is IMO unlikely, since huge
money will be backing reformists), etc. - they will use it, since it
is far more convenient for them than what they
had before. Before, when they were are
out, they lost their dachas, huge apartments, buying privileges, etc..
Now they can keep all that! But the country's growth will be delayed
indefinitely without following strict IMF rules and doing
further reforms.

On a more optimistic note, it does not matter how people vote.
It matters how you count - as comrade Stalin used to say. He-he.

-Vi