The Russian economy is now feeling the full effects of the market. The words that we have just talked for years about, like diversification and anti-corruption, have been just that, words. That has meant that the economy has not built in the resilience it needs. Medvedev is right about it all. Now we Russians have been burnt, we will react, because as we say, talk is talk. We needed to feel the burn from the fire, to know it is there. But we are not in such a bad position, this can be looked at as a process cleaning out the non-viable businesses, the problem is that there are indeed a lot of them. But sometimes we have to cut back to the foundations to build afresh, and what better than the market to do the pruning, because you can't buck the market. We have reserves in hand, our wealth fund is larger than most European countries total reserves. So if we are smart, we can build back big and SME enterprises, using the cash we have as an enabler. We need suffer a bit more as a people, and not go on a socialist spending spree, which puts our children in debt, rather than in wealth. We need ignore the likes of the IMF, who want to ruin us, and build business, whilst maintaining the population in reasonable conditions, until the evolving economy kicks in to make a better underpinned future for them. There is however, one big stumbling block, it isn't the business acumen, which is copiously present, but it is the corruption. Corrupt business doesn't work, and it is as simple as that. Pour money into a corrupt set up, the money goes, someone gets rich, and the problem remains. This is by far our biggest challenge, we need invest in fighting and defeating corruption. Identify the targets and take them out. They must fear for their safety and wealth. This needs a strong arm approach, it ain't going to happen with bits of paper, it will happen with Alpha. So Russia needs act on the corruption front, and I mean act, I want people in prison!