I WAS IN UKRAINE LAST MONTH FOR A COUPLE OF WEEKS... AND IT WAS BOOMING... THE SKYLINE IS NOTHING BUT CONSTRUCTION CRANES...
INDEED THE FIRST SKY SCRAPERS ARE BEING BUILT THERE NOW...
THE SOVIET STYLE WAS MORE MASS MODERNIST HOUSING PROJECTS 9 TO 15 STORIES HIGH OUT IT THE "SUBURBS."...WITH RELATIVELY SMALLER COMMERCIAL STRUCTURES DOWNTOWN...BUILT IN THE GRAND STYLE OF ST PETERSBURG. AND OF COURSE WITH A HUGE AND CHEAP-FARE METRO SYSTEM (FARE 20CENTS) TO CONNECT IT ALL. IT'S SORT OF LIKE CHICAGO IN SIZE... EXCEPT WITH BEER SOLD IN KIOSKS AND CONSUMED ON THE STREET...EVERYWHERE!
CORPORATE AND BANKING RISK WILL SOON BE SUPERSEDED BY "COUNTRY RISK" IN THE COMING COLLAPSE...ESPECIALLY FROM PLACES LIKE UKRAINE AND EASTERN EUROPE. STAY TUNED...THIS IS THE "NEXT SHOE" TO FALL PERHAPS AS EARLY AS THIS WEEK!
P.S.
PERHAPS MORE ON THE UKRAINE ECONOMY LATER...
HINT:
CRIME IS VERY LOW, ESPECIALLY DOWNTOWN. BUT THE "WILD DOGS" IN THE SUBURBS ARE REALLY THERE!!
AND THESE SO CALLED "GANGSTERS" ARE REALLY JUST URKAINE GUYS MAKING A "FASHION STATEMENT"...! IT'S JUST A "LOOK" FOR YOUNGER AND SOME MIDDLE AGE BUSINESS MEN...THEY ARE NOT REALLY "GANGSTERS"...
THIS "LOOK" PROBABLY COMES FROM THE LATTER DAYS OF COMMUNISM WHEN THE "REAL MONEY" WAS BEING MADE BY THE UNDERGROUND ECONOMY...MORE FASHION THAN REALITY NOW.
