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Venezuela, Colombia and Peru stock markets the most profitable in the decade

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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 04:39 PM
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Venezuela, Colombia and Peru stock markets the most profitable in the decade
Source: El Universal (opposition newspaper)

Monday January 04, 2010
Venezuela, Colombia and Peru stock markets the most profitable in the decade

The stock exchanges of Colombia, Venezuela and Peru were, in that order, the most profitable markets in Latin America in the first decade of the 21st century, according to a survey released on Monday by the consulting firm Economática.

The study took into account currency fluctuations in the main Latin American markets between December 31, 1999 and December 31, 2009, Efe reported.

The stock exchange with the greater profitability in the decade was Colombia's, with a 927.9 percent increase, followed by Venezuela (916.5 percent), Peru (671.8 percent), Mexico (350.5 percent), Argentina (321.6 percent), Brazil (301.3 percent) and Chile (218.8 percent).

The profitability of the main Latin American markets in the period contrasted with the losses reported in the US stock markets, according to Economática.



Read more: http://english.eluniversal.com/2010/01/04/en_eco_esp_venezuela,-colombia_04A3252451.shtml
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Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 04:41 PM
Response to Original message
1. Thanks for the warning, I will put up my plastic barrier for heads that will surely explode.
:)
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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 04:54 PM
Response to Reply #1
2. Good idea, clean-up's so much easier.
They're bound to blow when they see their daily ration of conspicuous blatant perception molding got off track today.

http://www.fugly.com.nyud.net:8090/media/videodir/Crazy/thmb/TN_exploding_head.JPG
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WriteDown Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 04:55 PM
Response to Original message
3. But as we've learned; the stock market is merely a rigged casino...
along with any other investment.
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Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 05:01 PM
Response to Reply #3
4. Depends on how it is regulated. And your right , this could be no different
but we will have to wait and see. Then again, it could be that they shut down the casino and that is why their are a faction of people who are really angry their cash is gone.
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WriteDown Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 05:04 PM
Response to Reply #4
5. It will be interesting to see the stats on the average Venezuelans 401K holdings.
Maybe I'll get some trading tips.
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Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 05:09 PM
Response to Reply #5
6. Could work out well for you. How is your Spanish?
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WriteDown Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 05:25 PM
Response to Reply #6
8. Pretty good.
Been close to a decade, pero todovia puedo seguir adelante.
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Socal31 Donating Member (707 posts) Send PM | Profile | Ignore Mon Jan-04-10 05:18 PM
Response to Original message
7. Stock Market = Good
Golf = Bourgeoisie
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 05:29 PM
Response to Reply #7
9. Right wing media = gospel.
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Joe Chi Minh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 06:19 PM
Response to Original message
10. How hilarious - and yet so sad in that, yet again, it exposes still more of
the corruption and incompetence of Anglo-American capitalism.
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