If Templeton Investments did carry this out....it’s awful foolish. If this were some Asian country with a downward trend....I’d have faith in buying under-valued assets and finding recovery in five years to be a big-deal.
In this case....it’s a country loaded with corruption and screwed up priorities. Unless the Ukraine is jumping into fracking and there’s tons of oil there....it doesn’t make any sense.
I agree. This is completely stupid. There is nothing more entitled than thebUmrainian mentality.
This is interesting. Ukraine has large resources of iron and coal. Their agricultural segment shipped 32 million tons of grain in export this year. Corruption is an issue as is the ongoing wrangling between Gazprom and Naftogas. This bet could payoff big given some economic efficiencies