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<p>[QUOTE=&quot;Cloudsweeper99, post: 1204153, member: 3011&quot;]I think that believing that you understand the economic and political workings of a country well enough to make informed investment decisions because you travelled there and know people from there is the definition of white tower academic talk.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />&nbsp; I&#039;ve lived in the shadow of Manhatten most of my life and invested through Wall St for 40 years and I can&#039;t honestly say that I know what will happen there or to the USD; but I think I have a better idea than someone who travelled to the US and has US friends in Moscow.&nbsp; That said, it was my understanding that many of the corporations were dissolved because it was proven that a lot of their assets were basically stolen or &quot;gifted&quot; to them by corrupt government officials in the Yeltsin administration. But that&#039;s just my ivory tower view since I haven&#039;t been there yet.</p><p><br /></p><p>That said, I think the arguments for investing in Russia are interesting and well stated, but I don&#039;t plan to do it because I&#039;m lucky to figure out what is going on in North American markets, and moving money a few thousand miles away probably won&#039;t improve my investment results.[/QUOTE]</p><p><br /></p>

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