Tuesday, May 27, 2014

Putin’s Threat Just Stunned U.S. and Europe

Today former US Treasury official, Dr. Paul Craig Roberts, warned King World News that the threat made by Putin today just stunned the United States and Europe.  Dr. Roberts also discussed how the threat unfolded today at the International Economic Forum in Russia.  Below is what Dr. Roberts had to say in this powerful interview.

Eric King:  “Dr. Roberts, there is this International Economic Forum in St. Petersburg (Russia).  I know the U.S. has pulled out, but does the high level of attendance, despite Washington’s pressure, indicate fading U.S. influence?”

Dr. Roberts:  “Yes.  One of the advisors to Putin had publicly complained that Washington had put unprecedented pressure on American and European countries not to attend.  But it turns out that present at this forum, which began yesterday and continues today and tomorrow, there are official delegations from 62 countries, and the CEOs of 146 of the major companies in the world….

“Last year trade deals were made that totaled $263 billion — more than a quarter of a trillion dollars.  And I suspect that there will be an equal success in trade deals this year.  For example, the heads of BP, Total (SA), Shell, Exxon, Phillips, Caterpillar, they’ve all gone to the St. Petersburg International Economic Forum, despite Washington’s pressure.

So what we are seeing is that it’s OK to cooperate with Washington’s absurd foreign policy, until it starts to effect the bottom line.  (Laughter ensues).  If it affects the bottom line, the Germans (as an example) aren’t so interested.  You may have seen that the French have said they are going to continue their military sales to Russia, regardless of Washington.

Complete story at - Putin’s Threat Just Stunned U.S. and Europe

Audio interview with Dr. Paul Craig Roberts

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