Israeli goverment bonds (Shahar) pay 7.50% if you are willing to convert it to NIS. Comparing to Ruassia it is way more stable.
Invest with a country at war, with an entire generation of people that have been exposed to no other lifestyle..... or have my money held hostage with nuclear/environmental blackmail... hmmmmm. Michael B.
Q "$7,166,576,990,895.41" was the figure on New York's national debt clock on the day this story went to press. If that figure is too big to comprehend then consider this, every citizen of America owns US$24,387, and each day the US national debt increases by a staggering US$1.87 billion. The United States is the world's biggest debtor. But eventually the books must be balanced and the first casualty of that event will be the US dollar. --- The Monthly CMC Trade Review, May 2004 UQ Perhaps a reason why Buffet is shorting it!