What’s the yield? Basically with Russia the game is: Can I get money back before they nationalize or stop paying foreign shareholders etc
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Yet many people I talked to about it wouldn't even look at it due to country risk - despite its economy scoring ahead of much of the EU on economic freedom. And why would the government loot a bank that is tied to the country's elite?
Im just saying there are risks. How much of their deposits are drug money? Maybe the us gets a stick up it’s ass about that and hits them with a fine. FARC is fucked but could it come back...etc etc
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That's fair - and actually even more so in that they have significant market share in Panama as well so the Panama Papers/offshore stuff could have been problematic.
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I do think a country like Colombia with 50+ years of not defaulting on its debt and decades of center-right neoliberal government has earned a higher credit/trust rating than say Russia though. Still, speaking the local language certainly helps. I don't touch Russia personally.
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In Thailand the biggest risk is the government gets overthrown and the people loot the assets. I think that's really unlikely though. It's way more likely they either hold power or relinquish it slowly. Nice thing about betting with the king is nobody is going to defraud him.
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