Thats strengthening the dollar. The euros going down, the british pound is absolutely punching its right now. 1. 15 this morning and the apparently, the europe is run by nato amount by the elected politicians. And miss bare bach of the foreign secretary said yesterday in poland, but she doesnt care what the european voters month. Shes going to support your brain. Well, imagine the politicians saying they dont care what the voters say that shes in there and she is going to do what shes agreed with the United States to do to boycott russia. Let me go to going to go to parent shop. I mean, how do you explain that . I mean, i agree with everything that michael just said there. Im but i. 8 europe in america, were comrades in arms and it comes to their proxy war against russia. But, you know, the, the, the, the 2 players to get the short end of the stick are obviously ukraine and europe. But, you know, in europe, this seems to continue to cow to washington when its not in there, no interest whatsoever. Is there any explanation for that . Go ahead in paris. I want to emphasize, you know, a bio flies and there was a one. The other problem in was that the addition to the media and then with the newspaper. I mean the nice that being said to with additions, lead restriction enormous. First of all, this said that the war was unpopular. It was london, pablo was a military, be dead there. So chooser job ladings get agreement. Mashaila was again simply a commentator. I say that repeatedly since 2014 jesse sac said he went at the end of 2021 to the white house to tell them, you know, this is going to be to war and the white house. Were not going to discuss with the russians, nor we the world, the 1st the then they said that the National Economy is going to collapse. They would say that my cost that by then says that the mayor was the frenchman still of it. We can only say that didnt collapse. Now would they say we would have to set up of democracy . And so nobody said that in will with the wellness that there would be any cost. None of the oceans are going to collapse. No, she goes yet or that you have to set that when the warning, what will end the war and shear . Yeah, we are the americans, are he . Shes in their business in the county where hes read is bonding. She dont know if he was told to suffer from that every with that we actually go to. So shut off of the interesting thing. Level one over. Well, i think thats a good. Let me go to a draw on that point there. Ok, lets talk about this suffering ok, but its not the, this is an elite driven war in the west. This is what they want. This is a proxy war against russia. Ukraine is a footnote and all of this. And so we have to suffer, but not the people to make the decisions dont suffer. Everybody else does. And thats what makes this conflict different for the west, because nobody really suffered for afghanistan or iraq in the west. Ok. But now its all coming home and you have to suffer, but were not going to suffer. Go ahead in london. So they will not let me go to london here in london. Will you absolutely right pizza, but of the same time we have to bear in mind that we are a collective society. So in europe, in europe, in european union, we are complicit in this great life. I mean, we are talking about the politicians that they lied to us. But what about the economist . What about the public intellectuals . What about the journalist and economists who are perfectly aware of what is happening and they are complicit and taking part in this grade lie. I mean, no one in the, in the western newspapers, meetings, mainstream newspapers and intellectual public intellectuals or they have a rise and a voice against it. I mean, everyone is just supporting it because because of the, you know, indoctrination with this liberal indoctrination throughout the years here in european union, in United Kingdom and across the west. Some of the very intelligent when i was use the last you a citation calling intelligent. You idiots. People was, you know, well versed in economics in politics in geopolitics, are still believing that it is worth suffering or to, to achieve some, you know, it was already go goal, which is, which is not going to be a good area. Im glad you brought this up. Give me just ask you real quickly here before i go to michael, you know, particularly with this crisis thats been generated in ukraine, i am really sick and tired of smart people saying really stupid things, okay . And its empirically provable. Ok, michael, i mean if youre the economist here, europe is decided to de industrialize. Is that a good idea . I mean, not lack of competitiveness. I mean, it doesnt want to become a backwater and a talk about washington winning. Do they want to win a part of the world that used to be rich . That is growing, that theres going to become very, very poor very, very quickly if they dont change course michael in new york. Well, either have not been official critiques of supporting ukraine. Other Financial Times and the other papers have made it very clear that are in england, the cost of heating your home is going to go up. 505000. 00 pounds per year. Theyve said half of the pumps in england, theyre going to have the close. They havent talked about the industrialized, theyre talking 1st of all about forcing most of the waging population into depth, or as simply unable to heat the homes. Theyre talking about closing down much of the consumer economy in germany, theyre talking about the closing. Theyve closed down the german Steel Industry. Theyve because he still uses energy. Theyve closed down the fertilizer we talk before they turn to close down the get glass industry. Italy is especially hardly heard. So what the press is talking about is how europe in the industry is being dismantled and once its dismantled, it cannot be started again. Thats the important thing. When the Steel Industry Company Closes down, its very hard to start it up again. So were talking about a permanent loss of markets and the americans and say, well, we are, were going to be the gainers. Because number one, we can produce steel. We are importing all the oil from russia that we want. We control our companys own Steel Companies abroad. So the american controlled companies in his l. Michael lilian, and are in let me interrupt you this for a 2nd. It might hang on, hang on. But you know, if this is what theyre doing to europe in europe, will not be a consumer for american good. So its kind of a double loss here. Let me tell you, want to jump in paris, go ahead word. Because now they say that all the sanctions in work are, you know, the russian economy can absolutely, we work in the long term. How do they know that you actually trust that road . I mean the problem of having the smart people in charge, i dont know you since you think how big for example, used to being that somebody was writing Childrens Book is no trillion economy and he says things like, oh oh companies are going to be banker. They were just not self or way versus your big. She doesnt. So what happens, okay, theyre not going to come in and they say theyre going to give money, but will isnt when they come from, theyre going to kind more money and printing mother or haystacks is one of these things are going to solve the fact that their lack of energy and the lack of energy comes, i mean, why did it cause, why did these toys the, the Nuclear Energy industry . I mean, in transit, the cleans managed to get it. Well, the most that ran into college, dead world since you lived here and there it is, is, im sorry, the agencies of religion are in there. Well, if i shall have, even as i have a whole of the fascinating where, but then when michael, where does this come from . I mean, it sounds like an ideological obsess and how i mean, damn the facts. I mean, i, this is what i cant, i cant get my head around this. Ok. I mean, you know, that the, everyone is aware of whats going on in the real economy here. But there is no policy. Should you have this list trust . I mean, oh my god, theyre going from bad to worse in the u. K. I mean, this is a craving choice. Thats what makes this so bizarre, michael, it, is it the logical, but theyve also calculated how the United States will gain the for, isnt france. You mentioned the magic word, bankruptcy, the real losers in this will be many of the backs and euro because the banks are going to have many of their customers defaulting. Their already fallen bank that so what were talking about is not simply did the realization, but a bank raises the americans now have a to come in and have the american banks by the european banks. So what this is, yes, its going to lock europe down, the americans can maintain control. Theyre not really concerned about losing the consumer markets. Theyre concerned about control and control of other countries. And they imagine that this will somehow strengthen their diplomatic position by being able to control europe. So the ology is not simply anti russian. B l a g is wanting to control all the rest of the world. Because if you cannot control it, they might do something that the americans dont like. Thats the mentality that the allergy at work here. Yeah, it doesnt have much to do with people. Does it . I mean they, they, thats not the least of their concerns. There are gentlemen, im going to jump in here. Were going to go to a short break. And after that short break, well continue our discussion on the crisis in europe. Stay with ah ah ah, was a ah ah. Ready because she changed with fascinating, that was in this case m is us a full Still National leader, which would you choose to room and you have a limit controllers like from when you do or not. But who did a with the national anthem. Com protect a d c t for my paper interested to copy from. Wanted a voice a a a, a welcome back to cross stock were all things are considered . Im Peter Lavelle to remind you were discussing the crisis in europe. Ah. Okay, lets go back to our guest in paris. Id like to quote something that the french president mc crohn said a few days ago, frances, that a quote Tipping Point and the country is essentially and facing now quote, in error live with less, are abundance are the, the, the what the, what we presented to the world as a model has come to an end, i mean, how did that guy get reelected . How ended is people get, again elected or reelected . When you say the era of abundance is over, because the global south doesnt believe bad. Thats why theyre continuing to buy fossil fuels because they want their future to be prosperous. But europe is given up is on how do you explain that . Well, does it does, it does provoke many negative reactions in south 10000000 people in france will even though the poverty line. And of course again, as i said, there was no, not the world of apology for the fact that this is a result of the sanctions on they deny even that is a result of the sanctions. And no window sanctions were vacant was going to be if a tree, when they were that were going to suffer, the russians were going to suffer. But you see on the educational aspect, i think there is also the question of german lunches them with your friends on to understand. I mean that the germans always, i think, had, when the back of their man, the sort of revengeful world war 2. Which was also he bench were one of you, i remember, but surely there mean enemies, russia and g, the revenge did not come home. The old conservative hi mrs. Sewell wished house, et cetera, game from the progressive, the games and the social democrats who against dignity of build up in the eightys on there. Busy for the priest and the did the trick taking go, but if another so middling of thinking that job now is a peaceful counseling. We can all live together happily thereafter. And of course, what happens now is that germany wanted to control over the whole of, you hope all he and you look against russia with he saw by the way. And of course, the miscalculated or the little the age of the result would be well, so favorable to them because they seem to destroy the economy in that, of course, not going to be the, you know, a strength of them. But they suddenly thought they were going to, oh was yeah. And in a sense, good. Then he went under again, skiing as a c on the law. A lot of his is because this is a good one thing. And then hes also to say that they dont have the high that the americans have the french german, these french, german, english, my know, it was, another county were subjected to the treatment that i can stick with on the people on the dunbar. Hutchins, for 8 years it will take 8 years. The my dish and they did the full turn. I was one question you had to get over the americans at the canada because they were american students, american medical students, their last a pa christi, hey, chrissy is is is, is there a calling card here michael . I want you to reflect upon what my crown said, because this improves a without a doubt in my mind that neil liberalism is collapsed for the interests of the vast majority of the people that it rolls over. I mean, thats an admission. Thats an admission right there. And what does it talk about, considering what john had to say, what, what, what it has to say about european unity in western college arity. I dont see it at all. I mean, if the elite lose all this, they dont care, its their turn off the lights that its really a very, very cynical approach. Go ahead, michael. When you say that the abundance is over, what that means is its time for an Austerity Program and i am a foster already program. And the real question is, what are africa and south america and south asia going to do . Are they going to be a part of this, or are they going to say, we need an alternative to Austerity Program . So there is no need of all for the era of abundance and for us, the others know technological problem. There is a military and a financial problem and the problem of american policy that brought this about the problem is, well, china, russia, india, and iran and their neighboring countries create a set of alternative institutions to the american neo liberal. I. M f and world bank and they, are they going to create a new kind of an economy on different lines from the west. That really is what the question is. And so europe is giving a demonstration of how not to run a country. And im, i hope that other parts of the world are looking at this and say, there is an alternative, Margaret Thatcher was wrong. Or if a, russia, china, india, and other countries to create an alternative set of institutions independent from dollar diplomacy. I think thats very much already happening. We have bricks and so many other organizations that it sits in through time. And this is a, an important catalyst to move it along further because it, because of sanctions and secondary sanctions, nobody wants to get involved in that. You know, the, the, i fear that comes out of washington only serves their interests and no one else is just, you know, is there any way i, maybe this is a silly question, but is there any way back to do this and ring this bell, this craven choice that the europeans have taken because, you know, if the weather is cooling down here in moscow is going to be called here pretty soon. And what happens in the east weather rise just goes to the west. Its only a matter of time. Go ahead and paris was, as i told you before, the problem with the european Decision Maker with her being union legitimacy whatsoever. The go on Chelsea Lawson will i get what the role and things of them as the g g, a level given my course, some sort of support or minority to support that for some people. But these people have been elected. So their only reason to be there is theyre expecting theyre supposed to be ex, again, what you did were were completely home then they can go begging the seed. Theres nothing that legitimize them. And so they have to just, you know, they become, i mean, i think its only going to go from co testing the street. But the possessing the streets must be pretty, pretty serious because you know, they lobbied as the police and the army and so on. You see what they do in holland already with the farmers. I mean, its going to be pretty tough because before they had made the sheet before they had wheat, and of course they keep on. So the, you know, they suggested fancy which is working on amazon offensiveness, tesco and, and, and getting a sense easily over. I mean its going to be very bloody. Oh, is going to change but, but i agree, elizabeth. The other thing with the sanctions that are gone you may not work in the destroyer economy, they dont hes going to rush in the garden in the bush, russia to be ever closer to china and to india. They join maneuver hook being that india and china would have joined. I knew how lean that there would be a push ma between turkey and syria origin. So the re been had all these things happening now as a result of the question diplomacy. And thats the worst thing from the Worst Nightmare story from the point of europe in china, getting close to russia is that are kissing their nightmare. And theyre provoking that so they will do everything that can go home for them and probably the, it even cover. But we dont have all that that we have to with anson, or lets go back to michael in new york. Or where do we go from here . Because there seems to be an admission of defeat. They dont have any tools left in their toolbox. Theyre essentially telling everyone we have to suffer and they have no vision for the future. I mean, what is going or you know, after the conflict is and come to an end. What then sanctions will remain. They have no, they have no plan. And particularly since they went with great haste, went into this, not thinking of the consequences i have. No, i have no hope that these people know what theyre doing. Moving forward, michael. Well, its obvious now that you cannot simply roll things back and go back to the way things were before and say ok, russia, go back to your boundary. Lets just paste the u. S. Officials of said, the ukraine war is only a catalyst for what is going to be a 20 year war. And their 20 year war is going to be how long we think it will take for us to take over russia, china, india, and iran, and the whole world. And until we do that, were not going to stop. Were not going backwards. Were not going to paste, were going to continue the ukraine war to continue to lead russia. Every ukrainian who dies, absorbs at least one bullet. And thats going to leave russia with one less less. But were going to continue to fight. And this is only the opening line, the opening a strategic ploy in whats going to be a long, long on going fight. And so its up to the rest of the world to say, what are we going to do to respond to all this the west. The only has a plan that it wants to control how, what is our plan going to be to create an alternative, to the whole post more neo liberal order. That is and left us in debt to the i m f, and the bomb holders with money. We can pray now that the oil prices and food prices are going up. What are we going to do to create a new world . Because we cant go back to the old world that that is over. So were in really a new development where countries are going to be making their own michael, that theres one little wrinkle in all this and then ill get a shout here. What happens when people say no to what michael said . Because the global south is saying no, and the level of administration is only increasing in europe. No is going to be the most obvious answer, but then thats when you have an authoritarian reaction. Control of the military of the police of big tech, social media. Weve seen it all before. Ill get last part 2 jobs in paris. Go ahead with a 20 year loan wall because thats exactly whats happening in afghanistan with this is that we could observe last year. So i didnt, i was them. Well, if they want to take a check engine and other counties as to what they have done against them, you know, eating the good news of the listing agent. Just regular george bush, the world and the lease judge notions. And that happens to germany, was changing on 22nd of june 1941. So its a repeat say well, it went, which is very interesting here is that there seems to be no, no historical memory of things of what goes where michael, you know, last 30 seconds to you, they dont have any knowledge of history. Thats why theyre groping into the future. 25 seconds to you. Well, thats exactly the point though, all of this has happened before, and the only solution is going to be to make a clean slate and start all over again. And you can start all over again if you let United States have veto power over anything you do as it has in the world bank and the i m f. You have to start a new organization without you beat up our and the other is an alternative. But saying no, isnt enough, not to be. Im saying no, you have to say we, there is another way of doing things and you have to develop a whole set of shadow institution and alternative institutions. Thats going to be the next stage that will evolve over the next. I think its happening as we speak here. For fascinating discussion. Im sorry, we lost our guest in london. Many thanks. I guess in person in new york. And thanks to our viewers for watching us here at r t c next time, remember ah. Ah. I was there before the morning im i was watching them only so that there isnt any difference on the horse to dont get on that when im just needed someone to do it. But at the my just at them click out of here. So theres natural, national, what time i see much in my will come and get a better price. All right, so joe, which is michelle. I get into the system but also those before that should deal on that because i said well, but that was in the middle. Yes. Specials. The emotion thing is you need to know partial team that were almost 2000000 point much. That was the window. It was moderation. Would that if the machine is much more complex from a more well, but i dont know if shell do or the son or my less the wont go in and get it. She just has to sit down to mutual when you get it, and get it all to see which marcus, telling me about this. And if you dont, complex bonuses a good deal, and now im chest in the bus are the most in the bush school, but i will look up on an appoint also, boy man, were not going to look at motional just to know, but i mean, youre going it will, but the more than a motion and the physician will, i put it in the, one of the new genia. Before the video. Im going to go one going way will be the way when you read for a to me. But im, i will local bar tours postage. Oh rather sit in the machine. I wish there was a bus now to stay below. Right. There is actually principal belonging as they should be able to shocks. I mean, you can go priscilla. It was a shoot me a stuff just wanted to sure. I see where. Mm. Ebersole or a bill that i saw was theresa. I showed a man that owners cut off goes up middle girl said she had the same it about them. I was a long out custodians of a correspondent is almost hit by Ukrainian Military shelling. Russia says he has efforts at the counter offensive are little more than a classical ploy. Its a germ of more weapon support in the west. With south africa host, the worlds 2nd largest mining exhibition and bringing Cutting Edge Technology to thousands of investors with Queen Elizabeth the 2nd case, long gift ruling, monica dies, page 96
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