Re: Political risk
>…it is a US decision...not a delusional Euro one. Also, it is not a new form of production like goats. "Political" was used in the sense of "novel, unusual" approaches to production and invention, such as purely un-human production bias. btw, it is a reasonable bet that some members of Treasury, as well as their political "handlers," have relatives who are suffering under a mab-induced rash/nausea, or possibly Glioma (a much lesser probability) I do not see the impending decision as an insurmountable climb. It may not even be much of a decision. Also, it benefits, mainly, a Canadian company as opposed to a US entity...for now.<
That is an ingenious, though tortured, working definition of political risk.
I think can give you a simpler definition that may work just as well as yours: Political risk is the risk of an adverse event caused by politics, but only when it applies to a stock you do not currently own.