Belmont Club

By Richard Fernandez

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Land versus sea

August 20, 2008 - 7:20 am - by Richard Fernandez
Holdfast
2008-08-20 08:55:50

Slade – because if you invest in Russia, you can expect to have your investment stolen as soon as your business begins to prosper. From BP to the dude who opened a Canadian-themed moosehead bar in Moscow in the 1990s, the mafia/government will steal your business, flat out. Plus the Russians themselves have sh*tpots of liquidity right now – what they lack is the technology and expertise to invest it usefully.