Anyone have an opinion on Russia investing? The oil majors pay 10%+ dividends and are growing. Considering they're actually paying shareholders, it doesn't seem like a scam.
Stuff like $SNGSP seems absurdly cheap.
The thing is, you never know when they decide to fuck the Farangs and lower the caps or the Thai majority decides their sick of their market dominant minority, the Chinese.
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I don't think it's bad on their stock market. I'd be worried about competing in certain industries that mess with the elite's monopolies. But besides that, they have tons of money and power and I think they expand their power by getting foreign investments long term.
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