Questions And Answers
I love wikileaks, great news daily but should any sensible investor stay clear of Russia
asked by Conscious Investor posted 3 Years ago at 14:21
This wikileaks business makes for fascinating reading, however when Russia is described as a "virtual maffia" kleptocracy with Putin sitting at the top should i as an investor of Russian natural resources comapnies be worried. Are Russia too big to sanction or will this lead to difficulties in investing in or taking money out of the country?
1-5 of 5 Answers
Peter Litten answered 3 Years ago at 14:32, last modified: 2 Years ago at 14:56I don't think any of these revelations will come as a shock, i think we've all known for years how they operate although i wouldn't mind one of those suitcases stuffed full of cash that apparently get taken into the kremlin!!!
Dariusz Pyzara answered 3 Years ago at 14:38, last modified: 2 Years ago at 14:56Everyone understands that Russia is a young country in 'modern terms'. They are still classed as an emerging market and with that come with inherent compromises just like China, Brazil and to a much lesser extent India. Russia will take a lot of time to clean up its act. Probably once Putin goes (If ever). Remember Russia is guilty until proven innocent
Conscious Investor answered 3 Years ago at 15:02, last modified: 2 Years ago at 14:56Guilty until proven innocent! that's great. In terms of investing i think now that you have to really trust the fund managers that operate there. If there is trust i can't really see any issues arising whats been happening in terms of investment over the past 10 years will continue.
Lucy Sandler answered 3 Years ago at 15:07, last modified: 2 Years ago at 14:56Russia should be embargoed. How else will a corrupt nation mend their ways. With people pumping cash in from all round the world to make a quick buck no wonder there is corruption. No real precedents were made in terms of legislation to handle this level of liquidity. Natives have gone from the communist era of not being allowed anything to being able to become million or even billionaires in a rapid time.
Dariusz Pyzara answered 3 Years ago at 15:10, last modified: 2 Years ago at 14:56I think embargoing is a bit strong. Remember governments have know for years whats been going on. They have made no qualms about it before now so why would they suddenly do anything now.
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