EU and Russia can face globalized world’s challenges united - Russian diplomat
Published: 01 June, 2010, 07:09
Edited: 02 June, 2010, 00:21
In order to remain on the edge of technological development of innovation, Russia and the EU certainly need to join forces, believes the permanent representative of Russia to the EU, Vladimir Chizhov.










Yes there is no doubt Russia and the EU can cooperate and should cooperate on global issues. However, the mistake to make, is to all join together, by putting holes in the sides of all our ships, and then try to bail water faster together. A community of failure, where a single point failure is unprotected from setting off multiple consequential failures. Instead Nations need to aim for highly cohesive internal structures with capital interfaces that encourage real investment, but are protected from financial warfare. The financial warfare just relies on gradients, leverage and an unpaid for, state ultimate people's insurer, invoked by a too big to fail thinking. A state insurer that is forced to take the bad investments, but is cut out from the good investment. The taxpayer endstop. Russia can help the EU to have more exports, to also provide the synergies in technological development. Russia still has intellectual science muscle, whilst the EU has depleted its muscle due to a past focus on business and finance - we are not talking numbers of scientists here, we are talking about hungry capability and talent. Raw capability that would more than benefit from the developed marketisation that is present in Europe. So great synergies are possible. However we need be on our guard for Trojan investments, filtering needs to be applied to capital flows and trading, to slug their effects and prevent scheming that takes advantage of cross trade, cause and effect scenarios generated by the trader themselves and supported by a media propaganda machine - corrupt trading, which when the trader is acting politically is financial terrorism, and warfare where a state actor is invoved. Russia must be an individual partner to all, with self protection, not a member of a team, losing control of its internal state and exposed to common mode failure within structures that have no firewalls or bulkheads to defend against failure, and who have no preventative safety devices.