The markets are always on the side of exuberance or fear. It's fear and greed. Right now greed has the better of it, which is rather nice (for investors) as long as it doesn't get out of hand,

The main obstacle to further progress on the resource curse is China, and to a lesser extent India.

We are looking at something that's very much about panic, fear and greed right now. This is a fantastic buying opportunity in the medium to long term.

He is actually doing the right thing for himself because he is preserving himself in power, and he puts himself in a position where he can bail out his cronies who are in financial difficulties, including his son and so on,

The greed is starting to turn into fear. There are markets like Saudi Arabia where stocks have run ahead of themselves.

Fear is a much bigger motivator than greed, but you've got to save money and put it in stocks. It's like a diet - to lose weight you have to eat less and exercise.