Not exactly. It's an odd thing about Russia. We think of it as a monolithic state where any sign of disagreement gets you locked up. It's not. it's an autocracy in which it's easy… (View Post)

"Cut spending" is like "create more growth" and "help ordinary preople" - it barely qualifies as a slogan, let alone a policy. What spending would you cut, Max, and how … (View Post)

I remember Vasella, the CEO of Novartis, telling me that predictable tax levels and regulation were key for deciding investment, to a far greater degree than their actual level. Obviously high tax ra… (View Post)

I see - that answers my other question. Thanks! (View Post)

We're playing tag - as I said below, I understand the point - many thanks for explaining. (View Post)