what is the current status of the oil fund and what are the next levels of whatyou want to do with it? >>massimov: during the recession we made the decision to take $10 billion from this fund to fight against recession and i think by 2010 we proved one more time that our policy was right because we overcame the recession. for the time being we are coming back, we are not using the fund anymore. we're keeping thereserves and are preparing for the next world crisis. >>reporter: at the crossroads between east and west... kazakhstan is well positioned to ride out the next world crisis. >>gusenbauer: what will be important is to establish the area - and mainly kazakhstan - as the economic bridge between eminently growing areas. you have the vicinity to western china, you have the vicinity to russia, you have enormous natural resources and this, therefore, let' say is the key place to go. >>reporter: bringing the country a step closer towards its strategy of becoming a fully developed nation by 2030. >>the last few years have been tough for the global car industry, especially for those us f

>>there ain't no adrenaline rush like sitting on the back of a bull that's 10 times bigger than whatyou are and trying their best to kill you. >>it looks very dangerous though >>i guess so. it's all about being a man i guess, you know. >>what do you think? >>it's awesome. it's probably the best sporting event i've ever been to. you know all the energy that's going into it. from the crowd and the entertainment and the rider - just having a blast. it's awesome. >>reporter: but adulation or not... make no mistake... few of these riders are leading a pampered lifestyle... >>elliot: i try to travel as cheap as possible. we split rooms as much as we can, just to try to cut costs down. >>mauney: shoot this year in one week i went from cheyenne on tuesday to livingstone montana wednesday, ubay city california thursday, weatherfrod texas friday and then san antonio i was saturday sunday. >>reporter: and one rule applies to every rider... no show, no dough... >>elliot: we don't' have guaranteed contracts in this sport, you know. if we're sitting at home we're not getting paid. >>reporter: which a

>>there ain't no adrenaline rush like sitting on the back of a bull that's 10 times bigger than whatyou are and trying their best to kill you. >>it looks very dangerous though >>i guess so. it's all about being a man i guess, you know. >>what do you think? >>it's awesome. it's probably the best sporting event i've ever been to. you know all the energy that's going into it. from the crowd and the entertainment and the rider - just having a blast. it's awesome. >>reporter: but adulation or not... make no mistake... few of these riders are leading a pampered lifestyle... >>elliot: i try to travel as cheap as possible. we split rooms as much as we can, just to try to cut costs down. >>mauney: shoot this year in one week i went from cheyenne on tuesday to livingstone montana wednesday, ubay city california thursday, weatherfrod texas friday and then san antonio i was saturday sunday. >>reporter: and one rule applies to every rider... no show, no dough... >>elliot: we don't' have guaranteed contracts in this sport, you know. if we're sitting at home we're not getting paid. >>reporter: which a

after a whileeoplrealized the world was awash in capital by if 1960s and '70s, whatyou need was talent. but i do think that you have th growing polarization but the heart the problem is how do you prove jobsfor tens of millions of people with l these competitive pressures? what do you do? how do you make the american middle-class competitive? they're not all going to be brain surgeons. they'rnot all going toe charlie roses. >> rose: so how do you do it? >> i think you've got to start with some level of caution and modesty about this because it's very hard and it's a long-term challenge. but i would say learn from success. germany has been able to maintain a manufacturing base. why? because two things,he germans decided they were going to go into really only high-end manufacturing. they were going to leave the mmodies manactung and the unions were very good about understanding this and they let that stuff go away. >> rose: and they had co-determination policies in whicmanagement and labor worked together. >> exactly. so it was a win-win if the factory could survive. en ty ended up makin