A Quote by Peer Steinbruck
There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis.
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The thing that I focus on because I don't think it gets enough attention is that among the world's major powers, there is still a nuclear balance of terror - I'm talking about between the United States and Russia, the United States and China.
The truth is that we have long had a multi-track Europe with very different objectives. The traditional differences between the north and the south in fiscal and economic policy are far less problematic than those that exist between Eastern and Western Europe. In the south and east, China is steadily gaining more influence, such that a few EU member states no longer dare to make decisions that run counter to Chinese interests. You see it everywhere: China is the only country in the world that has a real geopolitical strategy.
Taming the financial markets and winning back democratic control over them is the central condition for creating a new social balance in Germany and Europe.
The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe. These bankers were afraid that the United States, if they remained in one block and as one nation, would attain economic and financial independence, which would upset their financial domination over the world. The voice of the Rothschilds prevailed... Therefore they sent their emissaries into the field to exploit the question of slavery and to open an abyss between the two sections of the Union.
Moves toward sovereignty in Iraq stimulate pressures first for human rights among the bitterly repressed Shi'ite population but also toward some degree of autonomy. You can imagine a kind of a loose Shi'ite alliance in Iraq, Saudi Arabia, and Iran, controlling most of the world's oil and independent of the United States. And much worse, although Europe can be intimidated by the United States, China can't. It's one of the reasons, the main reasons, why China is considered a threat. We're back to the Mafia principle.
This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk.
From the United States, Vietnam is looking for two things. One of them is a very stable and continuing to expand economic relationship. Secondly, they would like to see the United States remain in the - Southeast Asia, acting as a balancing power to balance out China.
As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of markets and financial speculation and by attacking the structural causes of inequality, no solution will be found for the world’s problems or, for that matter, to any problems.
We want to promote people-to-people exchanges so that China and the United States can really join together, not just to solve the problems of China or the United States, but some of the big problems facing the entire world. From climate change to famine to even terrorism.
The task of the proletariat is to create a still more powerful fatherland with a far greater power of resistance, the Republican United States of Europe, as the foundation of the United States of the World.
The United States of America are more of a concept than a historically evolved geographical conclusion, compared to European countries. I find this extremely interesting. Europe seems objectively more progressive and more civilized at a time when the U.S. is entering a regressive, oppressive, totalitarian era. You've got racial issues, the endurance of Puritanism, other seriously anachronistic religious fanaticisms, and it's all linked to conservatism. Despite all the unresolved deep-seated problems, the U.S. is still a country where it's less important where you come from than what you do.
What we need in the United States is not division; what we need in the United States is not hatred; what we need in the United States is not violence or lawlessness; but love and wisdom, and compassion toward one another, and a feeling of justice toward those who still suffer within our country, whether they be white or they be black.
If Wanda can control more than 20 per cent of the world's three most important film markets - the United States, Europe and China - then it will have an empire with great voice in the industry.
What the U.S. does is it continues to print money when the economic situation gets difficult. This is what happened in the last depression during the summer of 2008 when they tried to resolve the economic crisis by printing valueless money. This is the business privilege given to them at the famous conference of Bretton Woods in 1944 when the United States emerged as the superpower after Europe and the rest of the world, mainly Europe, that had collapsed because of the war.
Unemployment is higher in Europe than in the United States and primarily concentrated in immigrant minority populations, so people are worried about what's going to happen and if American-style ghettos are emerging in Europe. There are some of the problems there that America sees associated with the lack of economic inclusion - family breakdown, gang behavior, and racial tensions. I get the sense that in Europe they are much more concerned about these issues than in the United States.
On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.
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