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


To: Real Man who wrote (397)8/6/1998 5:12:00 PM
From: Real Man  Read Replies (2) | Respond to of 1301
 
That said, stocks are priced well below Mexico-84. Mexican fund
increased 20x to the peak. What concerns me most is how the
authorities deal with the possibility of a social explosion -
the greatest danger now. Not that there are no explosions now -
the situation is awful, but I'm talking about a social nuclear
explosion which will destroy current government. It looks the current
government is in the minefield and cannot afford a wrong step.
It looks very difficult right now to pull Russia out without a
default on GKO. Tough measures on ordinary people = social nuclear
explosion.