Belmont Club

By Richard Fernandez

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Land versus sea

August 20, 2008 - 7:20 am - by Richard Fernandez
2x4
2008-08-20 08:54:26

slade, channeling’s no problem. Throwing liquidity into a pit without an apparent bottom is. If you don’t know whether your investment is safeguarded by the country laws (or lack of them thereof), the risk factor may override any potential of large returns. The current Russian leadership seems to be in a process of “nationalizing” private sectors that were jumpstarted through western liquidity.