Update from an older post. Still hiding in $EZA shorts as I think its the safest play right now.
(USD goes up, EZA down)
(EMM goes down, EZA goes down)
(Entire market goes down, EZA goes down)
(South Africa breaks into civil war or domestic problems, EZA goes down)
(USD goes up, EZA down)
(EMM goes down, EZA goes down)
(Entire market goes down, EZA goes down)
(South Africa breaks into civil war or domestic problems, EZA goes down)