10 reasons why Romania is better (investing) – II

I agree with Matt with the reasons he cited. I am adding a few more of my own.
1) MSCI Fundamentally considers Romania as a top frontier market for investing.
2) Markets don’t go negative. So after 90 % fall in 2009 from the 2007 highs, the market remains inexpensive at current levels.
3) Serious deleveraging already happened. The market players still believe in conventional buy and hold, which is good. Many brokers and investors had their share of volatility and margin calls.
4) No structured products. Thank God.
5) The banks have been punished. If bad credit can’t kill you, it can make you stronger seems to be the case for Romanian banks.
6) The markets have survived the political uncertainty.
7) EU wants to kick out Romania. What better think than to retain the LEI? Romania has been fortunate to be a late entrant and all this political drama with PHD’s and guns only gives LEI another chance.
8) GDP to MCap ratio, still the worst in the world.
9) The bear market is more than 24 months old. The bear also dies (hibernates)

10) One of the worst performers in the world. There is 100% upside potential in the next 3 years.