Welcome To The World Of Globalization - Is Russian Default Imminent?
It appears we are about to pound one of those nails into the coffin.
There have been plenty of voices telling us what a great buy Russian equities are now that they have imploded. Generally the same voices are starting to grab the microphone again to tell us what a great buy Chinese equities are. Maybe this will finally give these asshats something more productive to do. Like playing in traffic.
How much foreign capital is trapped in Russia? Right now is appears there is going to be a whole lot less in terms of both actual value and in quantity.
There have been plenty of voices telling us what a great buy Russian equities are now that they have imploded. Generally the same voices are starting to grab the microphone again to tell us what a great buy Chinese equities are. Maybe this will finally give these asshats something more productive to do. Like playing in traffic.
How much foreign capital is trapped in Russia? Right now is appears there is going to be a whole lot less in terms of both actual value and in quantity.
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