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Gold Price Trend Forecast Summer 2019

Putin Calls out Obama: G-20 Conference: East vs. West

Politics / New Cold War Sep 05, 2013 - 08:39 PM GMT

By: Stephen_Merrill

Politics

The Russia Times news channel (RT.com) has become a thorn in the side of US journalism with its steady, Kremlin-written, anti-US, anti-Obama stories and editorials.

The Edward Snowden affair seemed to whip RT’s writings into a full-throated debate with the fading US superpower.  That situation proved not much though when compared to the voice the Syrian civil war affair is bringing to the RT editorial staff.


And not even mostly about Obama’s newest war in the Middle East.

On Monday, the RT lead editorial on Syria predicted a quite tough G-20 conference in St. Petersburg for Obama starting later this week.  The article went on to call out Obama and the West for its blind loyalty to the Too Big to Fail Banks. The words chosen were quite challenging.

“… world leaders would be very well advised to first and foremost tackle one fundamental hideous problem: the global mega-bankers’ power to consistently rip off the entire planet by getting governments to bail them out every time their criminal shady business deals grow sour. 

If these summits do not address this key issue, then it’s like the proverbial Emperor with No Clothes. If you avoid addressing the obvious, all you get in the end is more business as usual.”

The editorial was quite personal too, Putin vs. Obama head-on with a chilling reference for the West to another world leader.

“One of these gentlemen blinked [Obama] ; the other one remains very focused [Putin].

Vladimir Putin will continue to stare at Barack Obama who will continue to blink, whilst no doubt China’s Xi Jinping will join them with a typical enigmatic Chinese smile.”

The RT editor followed on Tuesday pointing out the growing East has little interest in the high tax nonsense the stagnant West wishes to discuss as the G-20 agenda.

“Why bother investing in Frankfurt or London when you can profit from being in Moscow’s state-of-the-art financial center? Likewise, look to Turkey, South Korea or Singapore - they want your business.”

“The St. Petersburg summit marks a pivotal moment when East meets West as overall economic equals for the first time in 500 years. Western governments addicted to spending will try to bully efficient governments into taxing more than feasible to raise.”

A page-wide image of the Singapore business district graces the RT editorial.

Now there is word the two leaders will meet one-on-one after all, now in St. Petersburg, presumably to discuss the plans Putin says he has should Obama decide to launch missile attacks on Syria. 

Will it be fencing or boxing at the G-20?  Will the Syrian War of the TBTF plus Saudi Arabia and Israel blow up in their face?

It looks increasingly like the East is now ready to flip the switch on the US Petrodollar, the TBTF, the Western fiat currencies and US treasury bonds and bring the world into the new era of trade and commerce now as conceived by the East.  World trade will then be based on a sane monetary practice, reliance on gold and other hard assets securing trade payments. 

This paradigm shift will prove a one-way ticket much faster to the Third World for Obama’s US economy and much of Europe.

Putin does look steely, unlike Obama.  It is like a gold coin versus a paper dollar.   

Mr. Merrill served in the Navy Judge Advocate General’s Corps and as a Navy Reserve Intelligence Officer.

Mr. Merrill is the editor of the Alaska Freedom News, formerly the Hampton Roads Freedom News

© 2013 Copyright  Stephen Merrill - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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