A Long-Term Strategy for the Russian Financial Sector: Challenges of the Post-Crisis Period

The State is the people acting on the basis of shared ideas. Confusion reigns in the minds preoccupied with financial matters. There is a contemptuous attitude to financial aspects and to accounting, which was typical in 1930-1980. Resentment toward speculation and super revenue never put back into production cycles. The unrealistic dreams to close down all exchanges and live a quiet life. Affection toward easy money. Too much admiration toward the financial skyscrapers and their inhabitants, currency exchange rate and cash flow managers. Faith in the self-regulating markets. Trust in only others’ remedies and their replication, no matter whether it’s good or bad for your health.