Wednesday, January 2, 2008

Country Risk and questions?

I noticed that there are catastrophes worldwide that effect a country's currency. Is it prudent to buy a few dollars of their recently depressed currency and bet on things stabilizing? Sure there will be a few losses, but wouldn't the wins overcome complete government overhauls?

Like Israel when they had that minor skirmish 2 years ago.
What about Pakistan currently?
Now Kenya and the instability there?

Additionally, did revolutions peak in the 20th century?

Or should we just stick with gold?

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