Future Economic Challenges

Film makers on economics, what next a Moscow radio station with non military experts on missile defence! Oh, maybe we have done that already as well! Hey question for the filmmakers, why do you have post production, shouldn’t that have all been done while the film footage was being shot, surely you are to blame that you didn’t do that while shooting the film, shame on you, or maybe not, because that is the way the process works. Let’s get some facts on the table, Russia was on its knees when Putin took over, it took time to turn that around, then along came another little world financial crisis, which had to be worked on in Russia to prevent it having a huge effect – what was Putin doing during the shoot, well just sorting all that mess out. I didn’t see too many callers at those times, for wanting the reins! But now there is some value back in Russia incorporated, wow the drivers are queuing up to have a go! But to cover the economics in short comment space – we need to think about import replacement, that is a fact other wise our trade balance will be unsustainable, but we cannot do it as a closed market, so we need make enhanced products that can stand up in the world, also we won’t do replacement of everything that is silly, so in other areas we need create sectors of strength, again that are outgoing in market terms. This is all Putin was saying – redress the trade balance in the future. The bloody gasoline is not only for our cars, but also in the vertically integrated distribution networks of the oil majors. Then we all know that infrastructure projects are spot on, not just to improve the business and living environment, but also the economy as well – look at any post war development, it generates a huge economic buzz. Of course this all needs to be built on education, business environment and investment. Putin only took a few pages, but one thing I can say, in those few pages; I see nothing to hate Putin for, nor that matter in the last 12 years either!