May I direct your attention to another glorious short, the EuroZone, by way of EZU.

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
In case you didn’t know, there’s a fund ETF which is representative of Russian equities, the symbol being RSX:

This is remarkable (click on the images for a screen-filling version). This is what the economic world looked like in 1960: the U.S. and Britain being the two big boys, and everyone else pipsqueak.

Some of you may recall that back in the 1970s, it was pretty much a cliché regarding China that “If we could just sell one Coke to every person over there…………” The thinking pretty much along the lines of:
The zeitgeist to all of this was that the poor, bumbling Chinese would be lucky to have a Coke (and a smile) and we’d clean up. How ironic, then, what has actually transpired, and they are kicking OUR butt all over the economic globe. Anyway, here is an interesting overview of U.S. companies that went into China and failed, Coke be damned.
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