Putin's final move, crushing the EU and NATO
Interview with Paul Craig Roberts with King World News
As the fighting in Ukraine intensifies, today a former US Treasury official,
Dr. Paul Craig Roberts, spoke with King World News about Putin’s final move, crushing the EU and NATO. He also warned that the West could hand over the keys leading to victory for China and Russia.
Dr. Roberts: “Erik, there are so many things in the financial system that can explode, but a real blow will require abandoning the dollar and the euro. Once this happens, they will not be able to help out banks, derivatives or sovereign bonds.
In the short term, while they can continue to print money, they can keep this fraudulent system operational. But the value of the dollar and the euro will instantly collapse when the game is over. Both of these currencies have increased in quantitative terms far beyond the capacity that underlies the economic endowment of goods and services. When a failure occurs, there will be no way to prevent the imbalance that currently exists in the system. ...
"There is the potential to send a big black swan because of the crisis in Greece and the election of a new government. This will happen if German banks, creditors of Greece and EU policies refuse to meet the legitimate demands of the Greek government."
The Greeks have to reconsider the harsh conditions that have been set for their country to solve their sovereign debt problems. The current agreement in the form in which it exists is unbearable for the Greeks and cannot be implemented. But if the Germans and other Greek lenders do not agree to change, you can see the union between the Greeks and the Russians.
BRICS Bank with a fund of $ 100 billion
BRICS now has an IMF type bank, and they have financed its $ 100 billion. Putin now sees that he has the opportunity to tear the Greeks away from the EU and from NATO. BRICS Bank will intervene and help the Greeks with their debt service problems. This could be the beginning of the collapse of the European Union and NATO.
You must remember, Eric, that Italy, Spain and Portugal will look very carefully at this situation with Greece. These countries still face the same threats that Greece is bogged down with. And, of course, the Irish were seriously injured under the austerity regime imposed on them.
So, if these countries see that Europe is not going to alleviate the difficulties that have arisen because of these austerity programs, then these countries will turn to Russia, China and India - the BRICS countries. And then you will see the complete disintegration of the EU. This is a system in which banks impose debts on countries and then they send them to the IMF to impose strict measures.
The ultimate "Black Swan" while countries rob
Bank customers, when they buy the prime assets of these countries, give pennies for them. This is the robbery. This is what happened to Greece. This also happened in Ireland. So, if these European countries understand that they are all just being robbed, they will then accept Putin’s proposal and turn to the Russians and the Chinese. BRICS can easily help the Greeks.
These countries will then abandon Germany, Washington and the IMF, which impose all these difficulties on them and rob their countries. So, there is potential for a final catastrophe here if the West behaves stupid and arrogant enough to be bent. This will mean the collapse of the European Union and NATO - the ultimate “Black Swan”.
Putin’s aggressive offensive against Europe
Eric King: “Dr. Roberts, what is unfolding right now has far-reaching consequences, and concerns not only Greece. You are talking about Putin’s aggressive chess game and the large-scale capture of Europe by Russians and Chinese - through the back door, Greece, and then eventually "Spain, Italy, Portugal and maybe even Ireland. You also spoke here about the total destruction of the EU and the euro."
Dr. Roberts: “That's for sure. You see, Eric, the EU is telling the Greeks that the leadership of the Union will not change any conditions, and if the Greeks do not agree, they can simply expel the Greek government from the EU and the euro system. Well, if they are so stupid "Russia and China will enter this gap. If that happens, then yes, the Chinese and Russians can destroy NATO."
As the fighting in Ukraine intensifies, today a former US Treasury official,
Dr. Paul Craig Roberts, spoke with King World News about Putin’s final move, crushing the EU and NATO. He also warned that the West could hand over the keys leading to victory for China and Russia.
Dr. Roberts: “Erik, there are so many things in the financial system that can explode, but a real blow will require abandoning the dollar and the euro. Once this happens, they will not be able to help out banks, derivatives or sovereign bonds.
In the short term, while they can continue to print money, they can keep this fraudulent system operational. But the value of the dollar and the euro will instantly collapse when the game is over. Both of these currencies have increased in quantitative terms far beyond the capacity that underlies the economic endowment of goods and services. When a failure occurs, there will be no way to prevent the imbalance that currently exists in the system. ...
"There is the potential to send a big black swan because of the crisis in Greece and the election of a new government. This will happen if German banks, creditors of Greece and EU policies refuse to meet the legitimate demands of the Greek government."
The Greeks have to reconsider the harsh conditions that have been set for their country to solve their sovereign debt problems. The current agreement in the form in which it exists is unbearable for the Greeks and cannot be implemented. But if the Germans and other Greek lenders do not agree to change, you can see the union between the Greeks and the Russians.
BRICS Bank with a fund of $ 100 billion
BRICS now has an IMF type bank, and they have financed its $ 100 billion. Putin now sees that he has the opportunity to tear the Greeks away from the EU and from NATO. BRICS Bank will intervene and help the Greeks with their debt service problems. This could be the beginning of the collapse of the European Union and NATO.
You must remember, Eric, that Italy, Spain and Portugal will look very carefully at this situation with Greece. These countries still face the same threats that Greece is bogged down with. And, of course, the Irish were seriously injured under the austerity regime imposed on them.
So, if these countries see that Europe is not going to alleviate the difficulties that have arisen because of these austerity programs, then these countries will turn to Russia, China and India - the BRICS countries. And then you will see the complete disintegration of the EU. This is a system in which banks impose debts on countries and then they send them to the IMF to impose strict measures.
The ultimate "Black Swan" while countries rob
Bank customers, when they buy the prime assets of these countries, give pennies for them. This is the robbery. This is what happened to Greece. This also happened in Ireland. So, if these European countries understand that they are all just being robbed, they will then accept Putin’s proposal and turn to the Russians and the Chinese. BRICS can easily help the Greeks.
These countries will then abandon Germany, Washington and the IMF, which impose all these difficulties on them and rob their countries. So, there is potential for a final catastrophe here if the West behaves stupid and arrogant enough to be bent. This will mean the collapse of the European Union and NATO - the ultimate “Black Swan”.
Putin’s aggressive offensive against Europe
Eric King: “Dr. Roberts, what is unfolding right now has far-reaching consequences, and concerns not only Greece. You are talking about Putin’s aggressive chess game and the large-scale capture of Europe by Russians and Chinese - through the back door, Greece, and then eventually "Spain, Italy, Portugal and maybe even Ireland. You also spoke here about the total destruction of the EU and the euro."
Dr. Roberts: “That's for sure. You see, Eric, the EU is telling the Greeks that the leadership of the Union will not change any conditions, and if the Greeks do not agree, they can simply expel the Greek government from the EU and the euro system. Well, if they are so stupid "Russia and China will enter this gap. If that happens, then yes, the Chinese and Russians can destroy NATO."
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