Epstein Secrets

ess (#13 globally as per the World Bank), Saudi Arabia should in principle account for a greater share of global portfolios. Its GDP is greater than Malaysia, Ireland, Denmark or Hungary. But the following constraints are part of the investing landscape: Public equities: Saudi Arabia is 50% of Gulf regio

in the dollar's trade basket, this would be close to impossible to achieve via such a bilateral accord. Casualties of the Currency Wars (other than Southern Europe) The first one is us. We did not anticipate the recent strength of the Euro vs the US dollar; since the summer, the Fed and the ECB have adopted op

ed: and at over 115% it is very overvalued. On this basis, two markets in Asia-ex Japan stand out as being in very overvalued territory: Taiwan and Malaysia. Malaysia Market Ca prGDP Ratio 10.00 190% r 0 9.000 licos 9.000 160% 130% 5.000 110% 60,‘ 5.000 sox 50% 4 000 "% 111¢ 111;111¢ I 1

n foreign funding. We believe the European periphery will experience painful deflation and sovereign and private defaults. The crisis in Eastern and Southern Europe is ahead of us, not behind. > Government bonds are the only obvious existing bubble — We have highlighted many countries that are ripe for asset b

d Arab Emirates Abdel-Wadood Rafik Ben Minister of Foreign Affairs of Tunisia Abdessalem Mohd Razali Abdul Chairman Peremba Group of Companies Malaysia Rahman Khalid Honorary Chairman Vision 3 United Arab Emirates Abdulla-Janahi Abdullah II Ibn Al King of the Hashemite Kingdom of Hussein Jo

ior Managing Director Chairman Group Executive Vice-President, Human Resources and Synergies President and Chief Executive Officer Bureau Chief, Southern Europe Minister of Mining of Mongolia Columnist Chairman and Chief Executive Officer President and Chief Executive Officer, CAF - Development Bank of L