There ought to be more cautioin in this world following what happened. Has anyone learned anything? True, investments are needed to spur economic growth and better standard of living. But the question is, what kind of investment? Here is the statement that should raise concerns: "...The amount of capital available for investment around the world is the largest I’ve seen. In the U.S. our best estimates are there are $5 trillion in households, that’s been saved and at some point will come into the investment market. If you go to Japan the number of savings of yen in dollar terms its close to $7 trillion. I believe Russia could be huge benefactor of that capital.” I do not think so. Huge scrutiny, as well as some new international regulation of investment capital, is needed, before Russia or any other country can merrily jump back into the same vortex. Where did this capital come from? US banks still hold untold trillions in "toxic" assets, and the TARP program, instead of buying them out from the banks --- and draining the swamp --- decided to let the problem stay under the rug. It just gave money to banks, "scouts honor", that they are really declaring the toxic assets as they should. All of a sudden, there is plenty of money, and the banks are showing huge profits. . The problem that Russia experienced was exactly with this kind of investments. First, many Russian private companies were leveraged by investment capital, and then found themselves practically insolvent. Had it not been for the rescue packages by Russian government managed by Russian banks, many Russian companies would have been on the auction block. Second, this is a fleeting capital, with no real "skin" in the game. Easy come, easy go. Russia can get investment capital by partnering with companies that produce something in real economy. Producers, have the skin in the game. Each partner should shoulder its share of the risk in capital acquisition.