Is this bullish for BDSec and Mongolia? http://www.bloomberg.com/news/2013-03-26/mongolia-exchange-value-may-reach-40-billion-on-rule-change.html It’s not bearish…. Everyone will from now on have a little less confidence in the banks. Starting with the move on the banks in Argentina 10 yrs ago and the recent fiasco in Cypress, it is hard to trust them and the government. Agreed. Trust is hard to gain–easy to lose. I agree with your latest piece
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