Topic: Putin warns of financial crisis the world ‘has not yet seen’ (Read 1113 times)
It is Putin who complains that in the world at the international level, violation of the rules becomes the new rule? So after all, he is in the forefront who constantly violates international agreements. It is precisely for their violation that international sanctions are being massively applied to Russia now and they are constantly prolonged in the time of their action, since Putin, as president of Russia, does not want to comply with international agreements. First of all, this concerns the military invasion by the Russian armed forces on the territory of Ukraine, the seizure of part of its territory and the five-year conduct of direct military operations against this sovereign state. He also does not respond to the numerous decisions of international courts and tribunals regarding his aggressive activities as a pirate and a robber. And does he still have the audacity to be offended by the international community?
September 23, 2019, 03:33:22 PM
That protectionsim could be meant for USA,UK and China and in large picture I agree. It does not make sense.
But is funny to hear it from that guy since his country is under sanctions because of its aggression.
Also would not recommend using "RT" news, basically Kremilns channel.
But is funny to hear it from that guy since his country is under sanctions because of its aggression.
Also would not recommend using "RT" news, basically Kremilns channel.
September 23, 2019, 03:24:06 PM
It may happen, if the trade war between the United States and China escalates further. So far, both the sides have refused to give in and one of the consequences have been a 20% increase in the gold prices. The Americans should not chew more than what they could swallow. I have a feeling that Donald Trump is taking it a bit too far.
Their are more speculations that confirms the possibility in USA and I think it will bring more problems for Trump with his denial of the economic crises ever taken place. Russia will definitely benefit from the situation and I believe the warning is part of the strategy from Putin.I wonder what trump has been doing and how him as a business man could watch this happen, I am not sure that he will still be able to win again with all this crisis on ground and instead of him looking for a way to sort it out with other great countries like china, what he is doing is to be having trade crisis with them joined to the economy crises that they have already.
September 23, 2019, 02:08:30 PM
It may happen, if the trade war between the United States and China escalates further. So far, both the sides have refused to give in and one of the consequences have been a 20% increase in the gold prices. The Americans should not chew more than what they could swallow. I have a feeling that Donald Trump is taking it a bit too far.
America is taking too much, many countries are fighting America today because of their government policies that require their local products to be global and used by anyone. so that foreign products outside of America are restricted from entering. thus affecting the American economic opponents. I think if the trade war is expanding, not just America vs China, then an economic crisis can occur.Trump has taken a very aggressive stance ever since he took office in 2016 (at least when compared to Obama). He is a businessman rather than career politician, and therefore knows the advantages and disadvantages of free-trade economy. However, I have a feeling that he acted too quickly without caring for the repercussions. What he has done is to drive China in to the hands of Russia and to permanently damage the Sino-US relations.
That was a bad move and on llong term is bad for US. Trump is maybe a businessesma but to run a state this is not enough and recent issues clearly show that.
Trade war will make more damage to US than to China or any other country and when this mega crysis comes I don't think that America will be strong enough to take it.
September 23, 2019, 01:20:14 PM
It may happen, if the trade war between the United States and China escalates further. So far, both the sides have refused to give in and one of the consequences have been a 20% increase in the gold prices. The Americans should not chew more than what they could swallow. I have a feeling that Donald Trump is taking it a bit too far.
America is taking too much, many countries are fighting America today because of their government policies that require their local products to be global and used by anyone. so that foreign products outside of America are restricted from entering. thus affecting the American economic opponents. I think if the trade war is expanding, not just America vs China, then an economic crisis can occur.Trump has taken a very aggressive stance ever since he took office in 2016 (at least when compared to Obama). He is a businessman rather than career politician, and therefore knows the advantages and disadvantages of free-trade economy. However, I have a feeling that he acted too quickly without caring for the repercussions. What he has done is to drive China in to the hands of Russia and to permanently damage the Sino-US relations.
September 23, 2019, 12:13:06 AM
Bitcoin was created in the wake of the 2008 financial crisis... so does that mean that people will flock to cryptocurrency if there's another one?
Bitcoin wasn't created all of a sudden. The domain name was registered in August 2008. The planning was done over several years, and the work started well before there was any sign of an impending recession in the markets. Also, Bitcoin was already being mined during 2009-10, and it was during this time that the economic recession was at its peak. BTC broke above $1 per coin in 2011, when the recession phase came to a halt and the economic recovery started. From what I have seen, it is very difficult to link the major recession of 2008 or any of the smaller magnitude financial crisis (such as the Greek government-debt crisis and the 2012–13 Cypriot financial crisis) to the popularity of Bitcoin.
As for Putin and his dissatisfaction with the fact that the international community is adopting economic sanctions against Russia, in this case only he is to blame. His foreign policy, and especially relations with neighboring states, with whom Russia was previously part of the former USSR, is largely based on military force and aggression. For such robbers and pirates, there is a place in hell where he will no doubt find himself guilty of the deaths of thousands of people both in his state and in Georgia and Ukraine.
September 22, 2019, 05:26:57 PM
I agree that we can see big crisis.Biggest is already happening .Climate change is real.Estimates that 100 mln people can die next ten years are also real.Rain forest are burning in Brasil.Siberian tajga is burning as well. Record high temperature in Europe over 40 C .Maybe not so long time from now will be nobody to talk about crisis.
In a case of economy financial world i have flashback from 2007.Same headlines about USA attacking Iran
same banks problem with liquidity .Wall Street at records levels etc
But only one real what will really cause suffering of millions of people is climate change
In a case of economy financial world i have flashback from 2007.Same headlines about USA attacking Iran
same banks problem with liquidity .Wall Street at records levels etc
But only one real what will really cause suffering of millions of people is climate change
September 22, 2019, 04:48:46 PM
Since the world exists, the economy follows cycles of expansion and contraction, just as there are periods of peace and periods of war.
What is important is not to be caught unprepared, and take advantage of moments of growth to create reserves in times of crisis.
The capable people always make.
What is important is not to be caught unprepared, and take advantage of moments of growth to create reserves in times of crisis.
The capable people always make.
September 22, 2019, 04:01:05 PM
It may happen, if the trade war between the United States and China escalates further. So far, both the sides have refused to give in and one of the consequences have been a 20% increase in the gold prices. The Americans should not chew more than what they could swallow. I have a feeling that Donald Trump is taking it a bit too far.
America is taking too much, many countries are fighting America today because of their government policies that require their local products to be global and used by anyone. so that foreign products outside of America are restricted from entering. thus affecting the American economic opponents. I think if the trade war is expanding, not just America vs China, then an economic crisis can occur.If somebody is talking about the worsening crisis, it will happen. Billionaires say it is better now to keep money in cash and crypto. However, buy cryptocurrency only as a long-term investment, that is, by default you should be prepared to give up this money for a year, two or more. Buying regularly for fixed amounts, because you can’t go back to the past, and if you sit and wait for Bitcoin to fall to the same $ 3,000 again, this may never happen.
September 21, 2019, 04:04:00 PM
It may happen, if the trade war between the United States and China escalates further. So far, both the sides have refused to give in and one of the consequences have been a 20% increase in the gold prices. The Americans should not chew more than what they could swallow. I have a feeling that Donald Trump is taking it a bit too far.
America is taking too much, many countries are fighting America today because of their government policies that require their local products to be global and used by anyone. so that foreign products outside of America are restricted from entering. thus affecting the American economic opponents. I think if the trade war is expanding, not just America vs China, then an economic crisis can occur.If somebody is talking about the worsening crisis, it will happen. Billionaires say it is better now to keep money in cash and crypto. However, buy cryptocurrency only as a long-term investment, that is, by default you should be prepared to give up this money for a year, two or more. Buying regularly for fixed amounts, because you can’t go back to the past, and if you sit and wait for Bitcoin to fall to the same $ 3,000 again, this may never happen.
September 21, 2019, 03:40:47 PM
It may happen, if the trade war between the United States and China escalates further. So far, both the sides have refused to give in and one of the consequences have been a 20% increase in the gold prices. The Americans should not chew more than what they could swallow. I have a feeling that Donald Trump is taking it a bit too far.
Their are more speculations that confirms the possibility in USA and I think it will bring more problems for Trump with his denial of the economic crises ever taken place. Russia will definitely benefit from the situation and I believe the warning is part of the strategy from Putin. 
September 21, 2019, 02:51:14 PM
"War" will probably not happen the way we think it will in many cases, a country like USA and Russia can't fight each other, that would literally mean death of over 100 million people in matter of hours if they want to. Go check out this simulation from princeton university ; https://www.youtube.com/watch?v=k2aGm_oHKh8 .
It shows how many people would die and how quickly, do not forget this is literally just the first few hours or even days of the war, afterwards there would still be a war going on and even after it ended those places will not be in living situation and all of world will have trouble coming back on their feet. Hence the "war" we will see is just a purely economical one with each other and that is already going on every single day right now.
It shows how many people would die and how quickly, do not forget this is literally just the first few hours or even days of the war, afterwards there would still be a war going on and even after it ended those places will not be in living situation and all of world will have trouble coming back on their feet. Hence the "war" we will see is just a purely economical one with each other and that is already going on every single day right now.
September 20, 2019, 12:38:50 AM
This is true, but everyone knows but doesn't know how to change. What I am worried about now is that the financial crisis that led to the Third World War may be very cruel. This is not impossible.
It's funny how some people be talking about third world war. I just saw someone mentioning third world war when we are talking about financial crisis, don't even know why some people like war, is there anything that they gain from it? It just makes no sense and shouldn't be something that the world should be into cause it's very bad.War is very bad and can only lead to destruction and killing of innocent children and good people. The worst part of it all is that the innocent people are the ones that suffer from it, the leaders never get to suffer in any way, they are kept safe with their family.
September 19, 2019, 11:01:32 PM
Bitcoin was created in the wake of the 2008 financial crisis... so does that mean that people will flock to cryptocurrency if there's another one?
Bitcoin wasn't created all of a sudden. The domain name was registered in August 2008. The planning was done over several years, and the work started well before there was any sign of an impending recession in the markets. Also, Bitcoin was already being mined during 2009-10, and it was during this time that the economic recession was at its peak. BTC broke above $1 per coin in 2011, when the recession phase came to a halt and the economic recovery started. From what I have seen, it is very difficult to link the major recession of 2008 or any of the smaller magnitude financial crisis (such as the Greek government-debt crisis and the 2012–13 Cypriot financial crisis) to the popularity of Bitcoin.
September 19, 2019, 05:43:29 PM
Every economic crisis brings a lot of trouble and a bad influence on the whole world. But it also rebalances the world economy after it has grown so fast in such a short period, it reduces the distance between nations closer together. The world economy will always experience economic crises to continue sustainable development.
September 19, 2019, 05:10:40 PM
The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work.
The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg International Economic Forum (SPIEF) on Friday.
“The system of multilateral cooperation, which took years to build, is no longer allowed to evolve. It is being broken in a very crude way. Breaking the rules is becoming the new rule,” he said. “The ability to impose sanctions arbitrarily and with no control fosters a temptation to use such restrictive tools again and again, right and left, in every case, regardless of political loyalty, talks about solidarity, past agreements and long cooperation,” he said.
https://www.rt.com/business
The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg International Economic Forum (SPIEF) on Friday.
“The system of multilateral cooperation, which took years to build, is no longer allowed to evolve. It is being broken in a very crude way. Breaking the rules is becoming the new rule,” he said. “The ability to impose sanctions arbitrarily and with no control fosters a temptation to use such restrictive tools again and again, right and left, in every case, regardless of political loyalty, talks about solidarity, past agreements and long cooperation,” he said.
https://www.rt.com/business
When we read about crisis it alarms especially to poor people because they don't have wealth to provide their needs.Poor people will be the number one affected if crisis come. While rich people have savings to survive in times of crisis.
September 19, 2019, 03:05:21 PM
The economy of most countries in the world seem to be in crises one way or the other. The world leaders especially presidents of developing countries needs to develop strong policies and political will to undertake strict measures to ensure unforseen circumstances are tackled with the necessary solutions
It may happen, if the trade war between the United States and China escalates further. So far, both the sides have refused to give in and one of the consequences have been a 20% increase in the gold prices. The Americans should not chew more than what they could swallow. I have a feeling that Donald Trump is taking it a bit too far.
Chinese war with USA right now is not hurting the world like it should, normally what we are not seeing is that china makes a ton of money thanks to USA companies building all their stuff in China and than USA companies make a lot of money thanks to manufacturing for cheap and than selling it globally to make money by putting their profits on top of that.
Now, when the war actually kicks in (not a real war like weapons but economical warfare) we will see more companies building stuff in USA itself to get away from the war and than stuff will be more expensive to build and they will increase the prices to make up for the difference which will have a global cost of it since all of the world will have to start paying more for it. Hence there will be a huge crisis of buying stuff that are super expensive and that is why I think we are getting close to a crisis Putin mentions.
Now, when the war actually kicks in (not a real war like weapons but economical warfare) we will see more companies building stuff in USA itself to get away from the war and than stuff will be more expensive to build and they will increase the prices to make up for the difference which will have a global cost of it since all of the world will have to start paying more for it. Hence there will be a huge crisis of buying stuff that are super expensive and that is why I think we are getting close to a crisis Putin mentions.
This is true, but everyone knows but doesn't know how to change. What I am worried about now is that the financial crisis that led to the Third World War may be very cruel. This is not impossible.
It's funny how some people be talking about third world war. I just saw someone mentioning third world war when we are talking about financial crisis, don't even know why some people like war, is there anything that they gain from it? It just makes no sense and shouldn't be something that the world should be into cause it's very bad.War is very bad and can only lead to destruction and killing of innocent children and good people. The worst part of it all is that the innocent people are the ones that suffer from it, the leaders never get to suffer in any way, they are kept safe with their family.
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