Global Analysis from the European Perspective. Preparing for the world of tomorrow




The BBC asks, Putin replies

At the close of the BRICS summit, held this year, October 22-24, in Kazan, Russia, Russia’s President Vladimir Putin, as is his habit, took questions from journalists. One of them was asked by a BBC correspondent. The BBC journalist asked the Russian leader whether he did not see a discrepancy between what Russia aims at – which is its own and international security and stability and justice – and what Russia reaps as a result of its policies – which is having Ukrainian drones over its own territory or having Russian towns shelled by Ukrainian artillery. The same journalist also asked whether Vladimir Putin could confirm that the British secret services report that the Kremlin was behind social unrest in the United Kingdom. Putin’s reply was manifold and exhaustive:

① Yes, Russia was not shelled prior to 2022, but before that date Russia had experienced something much worse. Russia was ignored by the West, which attempted to assign to Russia a status of a semi-independent country, a mere provider of resources. Prior to 2022 Russia was doomed to become the West’s dependency. Obviously, under such circumstances the country could not hope to prosper, to develop, to even exist in the long run. The West did not respect Russia’s interests, Russia’s tradition, anything Russian.

② As for justice, continued Russia’s president, the West does all in its power to exploit the world under various pretexts. One of them was the time of the pandemic during which both the United States and the European Union printed billions of their respective currencies with which they bought up huge amounts of foodstuffs and caused worldwide inflation. By flooding the world’s markets with billions of additional dollars and euros, the West was in a position to consume much more than it produced, much more than the rest of the world. The other pretext is of course ecology. The West demands that energy produced on fossil fuels be reduced, which is done in the name of protecting the planet’s climate. That might be a noble purpose, but the point is that African and some Asian countries cannot afford to do away with fossil fuels. To do so, that is, to use modern technologies of energy production, they would need to get credit, which the West only offers with very high interest. For all practical purposes such an approach on the part of the West is turning former African colonies into modern-type colonies. Is that justice that the BBC journalist meant?

Was it just not to respect Russia’s demand that Ukraine not become a NATO member? Was it just on the part of the West to enter into agreements with Russia with the intention of breaking them? Was it just not only to turn Russia’s underbelly – Ukraine – into anti-Russia, but to even build military bases there? Was it just to carry out the coup d’etat in Ukraine? These are glaring acts of injustice and Russia wants to and will change them.

③ As for the claim of the British secret services that Russia allegedly sows discord in British society and is behind street unrest, President Putin said that the social upheaval observed in the West is a direct result of the policies of Western governments which deteriorated economic conditions in their countries due to sanctions and giving up on Russia’s cheap resources. What does Russia have to do with all this, asked the Russian leader.

Interesting points were raised. It may well be that Russians are instigating unrest in Western societies. Does that come as a surprise? One would be flabbergasted if Russia did not try to pay the West in kind. Indeed, the retaliation might be even more painful.

As for the inflation and robbing the globe of its produce and resources by printing money: well, that’s precisely why BRICS countries cooperate and are trying to create a parallel financial system. They have long been victims of financial machinations, and they have long realized the mechanism of being robbed by inflation brought about by foreign powers. If India’s or Brazil’s central banks issue much more money than warranted, the resultant inflation hits them directly, some other countries indirectly, and still some others not at all. If, however. The United States generates far more dollars than is reasonable, the resultant inflation hits the whole globe instantaneously and directly simply because the dollar is the global international currency. Thus, the United States solves its economic problems and burdens the rest of the world in the process. This is, by the way, the point that President Putin has raised many times during his speeches or interviews.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.

Yearly subscription: 10 issues for €225/$250
Renewal: €160/$175

The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.

 
Menu
More