Medvedev blames U.S. for world financial crisis

I didnt say russia economy is strong, and there is no corruption... I said with money you can do miracles to resume quickly

With oil at $135 or perhaps more in the future... and usa weak... russia - if plays wisely - can become international key player thanks to huge $$$$$ of oil...

Why not Ivanovich ?

 

My point is there is no MONEY! Russia is getting some increases due to commodity prices, but that's temporary.

 

Over four years of rising crude oil prices, Russia accumulated $157 billion in its oil proceeds fund, one of 40 or so sovereign wealth funds worldwide with a total of $2.5 trillion under management.

NY times (feb2008) : http://www.nytimes.com/2008/02/01/business/worldbusiness/01fund.html

and this with oil not at $140...

 

$157 billion is like what the US spends for a few months in Iraq.....

 

I said "russia - if plays wisely", I dont see USA in Irak as a wise move

 

How can a country run by and for criminals and gangsters say anything about anyone?

 

So, do you think if Russia can do it there is at least some hope that the US might be able to come back?

 

Who knows ? All is possible, if future was predictable it will be easy to trade

 

Do you consider this president's Medvedev speech as the part of this
wise play?

 

I dont have comments on his speech especially, I am not at the kremlin to know if there was a logic behind this speech.

I just said Russia has a chance, probably small I agree.

After if they will use it or not, its another story.