Topic: Putin warns of financial crisis the world ‘has not yet seen’ - page 6. (Read 1132 times)
There are alot of what they call unforeseen events that happened already. You can look at how Kim Jong Un met his 'friend' US President Trump in the last months. We don't even know 'what the two are talking about'. It may either mean anything right now, but mostly it can mean anything that will decide what the world and their countries will run its path. For now, we have to worry about how these people will affect the economy.
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.
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
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