RT: Do you agree that the recovery of global markets is already there?

AM: “Undoubtedly, the first signs of a turnaround appeared had already several months ago, but there are fears of a “skeleton in the cupboard”, the dangers we don’t know about yet. Some experts believe another collapse of major banks could happen in the future.”

RT: What major financial system problems do you think the current crisis unveiled?

AM: “As I see it, it showed that when credit agencies lack objectiveness and adequacy, it leads to the collapse of the whole system. I mean, disinformation from those agencies, working in the interests of their shareholders, and giving them a positive rating, when the actual situation wasn’t that cloudless, misled people, making them absolutely relaxed. This, coupled with the absence of decent financial market regulation, which at a certain moment became too big to run by itself.”

RT: How has Russia fared?

AM: “In fact, I think, all the woes about Russia’s slump are exaggerated, and since July we’ve already seen clear positive signs, though the pre-crisis level could be reached by the end of 2011 or 2012. Talking about the reasons, a sharp downturn in stocks of finished goods really caused the recession in our country. Loose monetary policy coupled with active fiscal policy, when governmental expenses constantly grew, and overheated the economy. So, after a big jump, a sharp downturn followed, as often happens in Russia.”