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Miles — The most important part of Putin’s March 1st speech

Summary:
In reality, though, the address was almost evenly split between internal politics and weapons. And in, my view, the first part was waaay more important because if at least half of the tasks he set out in the first part of the address would be carried out, Russia (and world alongside with it) would be drastically transformed. To say that goals set by Putin in the address is ambitious would be a massive understatement in my opinion. If you rip out substance out of political smooth talk, what Putin ordered was massive overhaul of infrastructure (primarily transportation, utilities, communication sectors) and radical ramping-up of acquisition and implementation of new technologies across the board. The end goal is, to quote, “breakthrough development of Russia”. And those orders are very

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In reality, though, the address was almost evenly split between internal politics and weapons. And in, my view, the first part was waaay more important because if at least half of the tasks he set out in the first part of the address would be carried out, Russia (and world alongside with it) would be drastically transformed.
To say that goals set by Putin in the address is ambitious would be a massive understatement in my opinion.
If you rip out substance out of political smooth talk, what Putin ordered was massive overhaul of infrastructure (primarily transportation, utilities, communication sectors) and radical ramping-up of acquisition and implementation of new technologies across the board. The end goal is, to quote, “breakthrough development of Russia”. And those orders are very concrete and specific, not allowing (at least, at a first glance) “virtual” execution, consisting purely of bureaucratic paper-pushing and reallocation of existing finances (which was, sadly the case with 2012 May decrees).... 
"Making Russia great again."

Xi has already launched his "Making China great again."

Can the world stand this much winning?


The Vineyard of the Saker
The most important part of Putin’s March 1st speech
Miles for the Saker Blog

The other half of the speech about the military.

Newly revealed Russian weapons systems: political implications

The Saker
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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