in two thousand and eight but as i said at the time that was a head fake that was eighty jerk reaction that was a lot of people who did not understand the problem not understanding what to do about it you know a lot of people again they still try to discredit me by saying oh peter ship you know you predicted that the dollar would fall and look at rose it only rose in two thousand and eight and it rose because other people got it wrong not because i got it wrong anybody who rushed into the dollar late two thousand and eight all two thousand i goes dollars are worth a lot less now than they were back then the dollar has gone down substantially the dollars at a record low against the swiss franc is at a record low against the aussie dollar it set about a twenty year low against the singapore dollar almost a record low against the i guess the japanese yen it certainly had a record low against boll so it was the people who stampeded out of the dollar or they got it wrong and i still don't think they've stampeded for the exit yet i still think that complete dollar collapse is in our future and when that happens

you're going to start to see price rise across the board all right fair seth thanks again for being on the kaiser report ok sure i have every right and that's going to do it for this edition of the kaiser report with may max kaiser and stacey however and i thank my guests peter schiff of europe aciphex capital has a new radio show starts tonight it want to send me an e-mail please do so at kaiser report and r t t.v. that are you and so next time this is max hauser saying. download the official plea cation to your body so i pulled time from the point you sam still. want to light on the. video on demand on t.v.'s mine road costs. are assessed speed now in the palm of your. question on the t.v. dot com.

welcome back this is coming to life for the headline. protesters launched another day of public sector strikes in france to maintain pressure on the government to head of a senate vote on pension reforms students amassed for a march through the sun as the crisis is over the measures and groups the nation but support for the protests is losing ground critics say they are only making the dices creation of words. prosecutors are looking into the claims of child abuse and one of brushes oldest called the novices say they were severely beaten deprived of food and sleep or any minor infringement of the north the government denies the the conference denied that again. do you demand for an extra nine hundred million pounds in contributions from the u.k.

on that was an outrage of the country grapples with the largest round of spending accounts of the second world war the country has already announced plans to slash four hundred and nineteen thousand public sector jobs as part of the multi-billion pound turkey the aim is to reduce rectal debts that swelled during the global financial crisis and. as the headlines now all good old talks to dmitry rogozin russia's envoy to nato about moscow's future relations with the alliance spotlight is up next here on alt. hello again the welcome to spotlight. guest in the studio is the need to keep. the upcoming summit leaders will discuss and most probably accept

a new security concept this document will guide the blocks policy for the next decade the concept of nuclear proliferation and cyber crime the main threats. scots did manage to somehow those who masterminded the strategic or maybe something moscow would like to improve were asking russia's special envoy to nato. just a month before the lisbon summit many experts agree the proposed security concept. welcomed by an analytical think tank criticizes the concept for the lack of a unified perception of threats to the alliance where some countries pursued their own goals and failed to find a common threat the need to secretary-general anders fogh rasmussen says he was sure the block real soft proposed missile defense shield. also sounds.

like russia to become a part of the system. hello mr i. thank you for joining our program first of all how would you assess the recent. to important for russia to work its various levels both in large scale form. the european union the united nations in the always see anyone a larger formats in other forms and says well russia has existed was developed in europe for thousands of years so we have a long history of relations with the leading european nations so i mean that's why whenever i'm asked whether this summit has brought something new. that would be

holding joint summits with france and germany for at least three hundred years it's a very important because both france and germany are in. the european union in nato. they have influence and they have their own opinions and russia is not a total indifference to their positions i think that's a danger and should also take account of the russian stance it's an open secret that the arrangements we are trying to reach are related to other organizations including nato and the european union at the school do you think that the document . mean we have a bombshell effect or is it just routine politics. the russian president is not the only person who thinks about how to build relations inside the european union inside of the greater europe so to speak from the point of view of restoring imbalance of interests there are other leaders who are thinking about that everybody knows about. the eighty as nicolas sarkozy was borat

a so-called concept of security from russian colleagues with regards to the creation of the common european perimeter of security in the various levels of security within a vast european space and that is why in this respect all president has an opportunity to talk to people whose presence. is not just nominal and who are ready to listen and come up with their own ideas. there had been a lot of talks prior to the hill so. the creation of the. moscow axis the idea was first launched in two thousand and three. and later as it's true that the idea is once again on the agenda. and i think that it's for our fellow journalists i myself am a journalist. so it's important for our fellow journalists not just to write a simple story but. it's not just an obstacle that falls on the pedestrians here

but a nightmare is. also building well not he styria but i can see panic feeling it's it's a nightmare so everything is falling. apart the european union is to collapse. the russians have made friends who would be successors. but in fact we are really working with various formats so i will give you an example stay in moscow for just a few decent now and then i'll have to return to brussels. during high level experts conference to be held in a totally different form that will be russia poland and germany so we are trying to build triangles. tents because this is what consultations are all of. when you have twenty eight or twenty nine states in one form and like the nato council each state to risk even

a few minutes at the most to express his point of view so narrow formants are used to form something different so narrow formats is where the actual work is done and they help finalize agreements that have been reached. standing behind. russia and europe which is something that you don't deny that the new york times for example writes the name reason is desire to distance russia from china on the contrary the british newspaper the times says that. it's an attempt to tear off europe from america writes british history and impartially have always been. never alive when russia started building up its european policy. also thought that it should be in their interest there are the islanders like many others. russia is certainly not an island nation.

continent i would love to skeptics are so much concerned with the russians to return to european theory says that russia has always been and will continue to be a european nation. century was a century of exceptions rather than rules what i mean is ferocious isolation self isolation prison and think a bit of a strong interest or your unity create ever lasting peace in europe and. between russia and europe and hear it from the twentieth century. it seems that the germans are going to insist on their sovereign right to have nuclear weapons withdrawn from german territory how far do you think they will go. just their trump card or is it serious politics what was just an example would be a subject of accord between france and germany because the all the french includes offering the use of such that it doesn't even provide for france's participation in

nato is nuclear planning. part to returning to nato organization france has preserved its full sovereignty nuclear. had been a condition of france's return to nato train. still seeking to do. defense from all directions started by charles de gaulle there's also certain unpredictability with regards to watch be considered an act of aggression against france an attack on. french territory an attack on french interests as for the germans theory absolutely different like some other european countries germany favors the. nuclear weapons on the european continent and with iran has withdrawn all tactical weapons from the turret tauriel form a saw that allies and keeps these weapons in russia while the americans consume keeping their weapons in europe many europeans don't quite that when i talk to

ordinary people in brussels you know not just working there i'm also living in the city. and speak to my neighbors and when i see us nuclear bombs are located fifty kilometers away from their homes you know firstly they don't know anything about that and secondly they get depressed when they find out if this is that or not to tell. them no i think we should keep telling them that that is why it's very important for the germans to seek the europeans so world becomes free from foreign tactical nuclear weapons just make sure you don't mention the dentist when you're in his chair. has suggested involving russia in the so-called in the sense we did hear anything specific about this. reaction when can we expect a reaction that. the defense is not limited by missile defense per

se it. being nato. let me explain what i mean by that the bush administration used to overstep nato and build relations with different partners directly that's the way they dealt with poland and the czech republic. would find out. after the fact it was destroying nato rasmussen in houston to see nato's integrity preserved talks with all countries and with the us in particular common. european missile defense system for all the allies you know also partners like russia but at this point is more. has to do more with nato so internally show of unity. so when we're trying to figure out so to see if there is a black cat in this dark room or maybe diskette is no longer black or maybe it's missing a tail or ahead no one can explain it so we're dealing with a political invitation basically a continuity but they're trying to involve russia into something unknown to us.

head of the cell into the debates over the new strategic concept final stage the discussions among nato wise men how can this new concept change nato policy towards russia. first of all there was man have no longer anything to do with this new concept it was some sort of a trick on the one hand we saw that some work was being done on certain people or there wasn't one to all capitals including moscow who did come here. yes they came here out of people we studied it carefully began to comment on it and suddenly we find out that this paper doesn't really matter up instead there is another paper that they were not going to show anyone. nothing to do with it and nato secretary general himself wrote the real keeper you know it is being discussed by nato member

states behind closed doors russia has not seen this document but i hope it will be introduced at the summit so you haven't even seen it. yes let's put it this way we haven't seen it and no one has given it to you to read right we're not doing this documentary and that's why you can't make any comments about it right of course. write another question they munich security conference session that's currently taking place in moscow. issue is being discussed and that says so that's the first of all i would let's just say that the russian president will be hostile to screw you know i think it will be a significant event because the president he's hosking the group after he made certain decisions together with his french and german court nurse but in the many conference which has the reputation of the main security forum it involves country

leaders or key decision makers. and the fact that immunity conference now has sessions in russia. says a lot about the importance that russia is now playing in the decision making process. s. for the munich conference itself it will take place in february next year and its main focus will be in the caucasus. and. also leaders over. here but china will be key presenters there john says the. russian representative to spotlight will be back shortly off till we take this should stay with us. it's the secret incursion into the country. it's the invasion by means of.

tradition the language is really. the bestie beat the beat. and culture. the thing is that the have the dens are still unaware of what's going on in their land still ask me why do you. think i don't know anything about the last. the great. on our team. every month we give you the future we help you understand how we'll get there and bring the best in science and technology from across russia and around the world join us acknowledging update on our g.

welcome back to spotlight i'm well we're not just a reminder that my guest in the studio is the meeting i was in russia representative to. the nato summit in lisbon which will take place in november but russia was invited to it did russia except this invitation and who will represent our country there. we're not supposed to take part in nato internal advance and we will but on the sidelines of the sudan there will be a special meeting for countries that send troops to afghanistan. president. and some others. participate in this meeting so they will go to lisbon even though there won't be any special meeting with ukraine in georgia. for russia we don't participate in nato advance but we are ready for a serious dialogue at the top level within the russian nato council format.

have discussed the issue of russia joining nato several times. you like to quote since you're one of us love to discuss this topic brought up whenever we talk about nato because it's the most interesting part of what. city you experts and former german defense minister added heat by saying that the time has come to accept russia and to nato. they say that. mr a friend of mine even published a few things together in the german press. but i have never doubted he is a personal integrity professional skills. studies and is a former term defense minister mr shaw really thinks that it is possible to by the way you asked this question it seems like it was your idea and you. know

not at all of course not on the contrary i have always told you i don't believe in it he. has the right to have this opinion and he's sincere in his conviction that. others on the other hand are not being so sincere or talking about this issue because they think this could entrap. and when we get carried away talking about joining nato it is like saying that if a grandmother had a mustache she would have been a grandfather. we know that and would not turn a grandmother into a grandfather. it's the same with russia when it will not become in the member and it's pointless to discuss this but it is just. used to undermine our objections against other countries joining nato countries like georgia ukraine and so forth. if we ourselves join nato how can we be. doing the same

in fact we realize that the new nato member is to join nato escaping from russia. scary russian beer to join the alliance. is a presidential thing called. they often raise this issue of russia joining nato saying this step is a necessity. what do you think about these guys from the institute of contemporary . development. i think they are naive in the early. in the new city to concept need to wants to stipulate its rights far beyond the borders of nato countries and to show that of course president can about the down right away. as russia concerned about this freedom that nato is trying to granted sell. well yes. it could because there need

to be certain criteria for assessing threats coming from different parts of the world and they're not that should nato thinks that these threats come from everywhere else and usually from forward beyond the orders given to. our home then. just imagine the situation what if nato thinks that a mosquito. actually means to bite down. or they gather all their nato mighty huge sledgehammer and it was huge in the forward with. both you. and the mosquito. was it was it that you told me sounds very russian people sit on the porch drinking tea. the other one on the forehead and says sorry mesquita i have not seen this kind of concern in other countries. and all russian traditions are good and should be applied by other countries the u.s.

state department has confirmed the european travel alert issued earlier this month . has the details. europe is a dangerous place at least according to the u.s. state department which issued another at the beginning of october it suggests europe has become targets for al qaeda what immediately raised questions was the vagueness surveillance which wasn't country specific but covered the whole continent the media. that several european landmarks could be targets among those most frequently named have been a. draw in paris as well as central station and hotel. it was mentioned that the planned terrorist attacks could go along the lines of the move by attacks two years ago then a small group of terrorists attacked a number of sites and killed more than one hundred sixty people the threat apparently comes from the region on the border between pakistan and afghanistan

where terrorists are trained following the u.s. alerts several countries including britain japan sweden and france issued their own travel warnings as for the travel as they appear to be taken dealers who. couldn't to a poor buy trip advisor dot com and usa today only thirteen percent of americans decided to defer their trip to europe. to this what do you think about this terrorist threat coming from. from al qaida talking about does it mean that nato is complicated structure as dated does not help in dealing with today's challenges. well in nato does think about security problems and by the way. this point you made to needs its military forces in order to defend its borders from outside. who would attack

nato. especially because russia is no longer considered an enemy but a partner who needs to be involved in all nato projects. then it can accept nato good question if anybody plans to attack nato this would not be a military threat and in order to deal with this threat they don't need such huge military forces they need some lines sofa spesh. services services could exchange information some duct special operations targeting certain regions dealing with specific threats nato can spend as much time as it wants looking for a job but i think its current qualifications make it hard for the alliance to find an appropriate job. and has been revealed that this summit in lisbon will pay special attention to the issue of delegating all the responsibilities to the afghan authorities and we are now getting alarming reports from afghanistan. how long

do you think this process of pulling troops out of afghanistan might take voice because of. the other wish to i don't think we'll find any example in history when americans answered some country and then exited right away when they do something like that they don't usually plan on an immediate pullback. i think that in some form or another if the nato contingent will stay near ghana stand or in the entire region they will find some kind of excuse for steyn so they will stay on some military basis maybe not in afghanistan itself but close to its borders but of course the one hundred fifty thousand soldiers had a huge amount of equipment will be pulled out but you will with wife. because nato realized that their methods dealing with insurgency don't work in afghanistan and

secondly they don't really want to fight there. they mostly try to use either special forces or the afghan army but afghan forces don't have a strong fighting spirit yet but will do so in this sense meaning in the nato headquarters or discouraged maybe even close to panic so the troops will also because the war in afghanistan is very unpopular especially with the europeans . so they will delegate responsibilities to the local afghan people and to special services. this will be discussed unless bought in right. but let me give you some numbers which may surprise you need to expand was about seventy thousand people to resign from the have been security forces next year how can you say that you have an army and how can you say that you have security forces half of

me or soldiers resigning every year some afraid it thirty americans and their allies have just stirred up the corn it's nasty now they are pretending like everything is fine. it is happen that europeans will start pulling out of this town and the americans will be the only ones left there to fight that war alone. it's very possible as i said most likely americans will stay there in one form or another europeans believe and americans will stay but what about nato. will nato solidarity in affordably in the european military presence is often purely nominal should take iceland for example because they have two officers in afghanistan what are we talking about here. it is important to marry cunts to have their reactions outside to ass and as

a legitimate use that's why the answered of ghana stand along with the european troops then you. give about this is not important to europeans europeans for one reason only this way they see one security. stand the actually spend money and personnel for this atlantic solidarity so it doesn't really go well with the european lot you need to remember ship which is to. thank you very much for being with us and just delight. that my guest here in the studio today was immediate i was in the russian representative to nato and that's if the now from all of us here if you were to have yourself spotlights or if you have someone in mind who you think i should into next time just drop me a line at al going off at. r.t. and let's keep spotlight and to rest we'll be back with more friends and comments on what's going on in and outside russia until then stay on r.t. and take care.