logicalsinger

Hedge Fund Manager's Notebook: Blood on the Streets - Buy Russia

Anyone stupid enough to invest in Russia deserves to lose all their capital. The "buy when there is blood in the streets" rule applies only in countries where there is rule of law. When oil goes down to $30 again, Russia will fall apart. You can't sustain a country spread over eleven time zones on a per capita GDP of $15,000 and a population expected to fall from 140 million to 100 million by 2050. Putin's wet dream of recreating the superpower is a delusion.