ah ah ah, a terrorist attack is no longer receive over. it was a terrorist act committed reading a date level because no amateur with but old stream pipeline bombing was a safe phone terrorist attack. well, the western version of events is complete nonsense. that's according to florida. my let's go say the u. s. military drone is crashed into the black sea of the crimean coast without any russian involvement of the violation. the note lines on washington would wrong, would destroy ty, one semiconductor industry. then let it fall into china's runs if aging attacks the

islands as the message from a former us national security as a very one. welcome base is on the international with the latest world news out. think it's good to have you with the terrorist attack which cripple the north stream pipelines last september was committed to state level. that's the message from russian president vladimir putin. good number to scuse the fact that this is a terrorist attack is no longer a secretary. moreover, it was a terrorist act committed at a state level because no amateurs could commit an attack like this. if you could shoot his music for quite a month ago, up to the parish investigation, that was a media campaign with o to go to p. u in several newspapers, allegedly state in some ukrainian activists had organized an attack. and it was especially emphasized that these activists had no nothing to do with the cranium government. how do you feel about these version?

some of them will even suit. i'm sure that this is complete nonsense, an explosion of this kind at such a depth would only be carried out by a specialist supported by all the power of the state, which has the required technology or so right now, russia is trying to get the united nations to launch an independent inquiry into the north stream, sabotaged or as russian president vladimir putin says, terrorist attack, the only enquiries they're happening right now, are the equivalent of suspects to a crime. having their friends say that they'll look into it and then let everyone else know what happened and the west just seems to think that that's fine and that they can investigate themselves. and in the mean time float this narrative all across the mainstream. lester media, citing unnamed intelligence officials in each country like the u. s. and germany, for example, who are all conveniently blaming the whole thing on some quote, pro ukrainian group with no identity beyond that which magically absolves. absolutely, all actual countries and states from any and all responsibility were supposed to

believe that some random do came up with the bright idea to get together 5 other random data to load massive amounts of explosives on her boat at a port and germany. sail out into nato waters and blow the steel pipes and their concrete encasement 20 days after their excursion, remotely investigative journalist seymour hersh, who attributed the attack to a u. s. leg special operation in conjunction with norway. isn't buying it. you're trying to verge attention from the story that i wrote, which included enormous specifics. i was describing a process that began before christmas of 2021. involve the the national security advisor, jim sullivan, of the white house of the, for the president. they had a series of meetings at a secret room in the white house. meanwhile, there's a total lack of outrage here in europe from the establishment. their silence is deafening. considering that the north stream network is a joint project with major european energy companies and russia's gas problem to

secure europe's energy needs. now, according to what's been seen recently in the russian media, sweden, denmark, and germany, 3 countries near the attack. and it should have had some information about it or not engaging with russian authorities trying to figure out what happened to me. which is very difficult for us to conduct our own investigation if we're not even allowed to access the side of this terrorist attack. only gas from received permission from danish authority to investigate the side of the explosion gas. rome did not limit itself to the study of the very place of the lotion along the gas pipeline itself, and the ship rented by gas pro moved on and at a distance of about 30 kilometers from the explosion site. the column was found which stood at a similar spot to where the explosions occurred. these are the most vulnerable places in the gas pipeline. the junction of players experts believe that this may be an antenna for receiving a signal to activate an extra loss of device that can be placed beneath the pipe.

and now of course, we would like to get permission from danish authorities to independently, to get with them or even better by forming an international group of explosive experts to carry out the necessary research. apparently, several explosive devices were planted, some exploded in some didn't. the reasons are unclear research to them. so obviously some neutral authority really does need to intervene here like the u. n. and a letter has been sent from the russian ambassador to the united nations to the security council to that effect. but the west certainly doesn't seem interested and demanding its own answers. from the u. s. marine co intelligent software. and scott, where to say, washington has committed to annette. can only pearl harbor sol attack on europe. your music economy has taken a big yet right now. in a large part of that is because of high energy cost. united states has not been able to supplant russian gas. so it, you know, the quantities and the pricing that makes it viable for germany. and germany would

just stand in the back by the american partners or american allies carry out an economic pearl harbor on germany, sweets claim to find explosive traces at the floor of the baltic sea near the explosion device. compare and contrast are these the same? they come from the same source, but they're not talking. what is a sweet say? they can't talk about it because will farm their national security? what threat could possibly exist? the sweden's national security, exposing russian malfeasance? no sweden will get a, did a metal for that expose in american involvement. there's the problem. the switch has to be quite because they want to be members of nato and people who want to be members of nato. don't go about exposing the largest member of nato as perpetrator of this terrorist act of this act of war against germany and europe. we know carried it out. we have a confession from the american president joe biden, to the back february 7th of last year,

where he promised that if russian tanks entered the ukraine north street to be taken out, he guaranteed it. ah, the us labor department has reported that inflation rose to 6 percent in february, maybe 8th investor services. part of the big 3 racing agencies has slashed out look for the entire u. s. banking system to negative. as the country's economy is shaken by financial turmoil. well, this comes off, the 2 major american banks collapsed over the weekend. now, the federal reserve, which overseas, the banking system and the rest of the economy is faced with a choice a bit to raise the interest rates even further or tackle inflation by reducing prices for consumers. speaking on monday morning, president bite and trying to reassure americans that their money is safe from the white house press secretary john socket chimed in that it's difficult to buy them to do anything in the morning. but he did so because it was important. now it's

important to know, president biden does nothing at 9 am. he has a night owl. so the fact that he is doing this at 9 am anyway, speaks to how vital to white house recognize that it is for him to have his voice out there. conveying that to the american public president biden's address to calm the market seems to have hot little effect as desperate clients rush to line up to withdraw their funds images focusing on social media. so cues of people with some failing to get the chance to withdraw that cache and across the pond. european officials came that their economies have not been affected by stalks plummeting to new lows. come down and just have a look at the really t do. eddie t e that to bang such who just mentioned sunday, which had a french banking system is not exposed to the city. can bank our banks are overall in good shape. we have strengthened them enormously in recent years. the

european banking sector and in particular, the spanish sector is actually right now with a reinforced regulatory and supervisory framework. they have a will and solid well capitalized and solid balance sheets. lessons learned, action is being taken quickly and swiftly. in this respect, there is really no reason for anyone here in germany to be very worried to that. so let's get some insight from paul craig roberts, former us treasury assistant secretary and wo street journal editor. many thanks for joining us on the program. so 2 major american banks going on the in just one week is being called the biggest financial guess since 2008. what's your assessments of the current situation and where it's all heading? well, the, the banks were casualties of the federal reserve policy of raising interest, roach. you see, for many years the federal reserve care rates are very low. so. ready the interest

on the financial assets that the banks have on their balance sheet is low. so when the rates start rising, the values of their portfolios fall. but the liabilities don't. so the feds policy of high interest rates pushes the banks into insolvency. and this is the cause of this problem if the fed continues raising interest rates and there will be more failures. so what do you make of jo biden's remarks on monday that the us banking system is in fact stable and that consumers is money is safe. well, this is a different subject term. it's not stable if the fed raises interest rates, but it's also not stable because the 5 large banks,

the 3 giant new york banks, the 2 giant california banks. these banks have trillions of dollars of derivatives that they are holding. yet their cap gain base is only in billions. so they are holding their they are exposed to risk in the trillions of dollars. and they do not have the capital base to support that risk. so if something happens again and these derivatives as it did early on this century, when we had the big crisis, those banks will be in jeopardy. and if these big bikes get in jeopardy, i mean there are many, many types larger than the 2 that failed. if these big bikes get

in jeopardy from their derivatives, it will spread into europe. these banks are simply too large and there's too much into relatedness. so when the president says something like barton, that's his job is to reassure be, so they calm down. they don't rush to the bags and pool out their money. that goes, that is one of the reasons for bikes to fail you. but i doubt if biden, or anyone in his administration or even the federal reserve has any idea of the extent of risk. to put it very clear, the 5 large us banks hold the river to see the value of which is twice the size of the g. p of the

entire world. they whole $188.00 trillion dollars in derivatives. well, what is the risk of this? no one knows by that you are, you might try to reassure people, but then we have the moodies out look for the u. s. economy, which my people are going to be looking at and thinking is this a sign that the countries in worse shape than officials are willing to admit? well, it most certainly would be very sell it man. but the truth about anything and not just the banking system or the economy. you see these troubles date back to 1999, 24 years ago. when they dramatically changed to banking revolution regulations. prior to 1999 commercial

banks could not engage in investment banking. the 2 kinds of banks were separate investment banks took risk on their own money. they were partnerships, people with their own money risk. when they let commercial banks become investment banks, the commercial banks gamble with the posit all the depositors, they're not using their own money, they're using the deposits that their customers put into the buyer. and so this has allowed tremendous risk taking that was previously not part of the system. so when they repealed the glass steel act at 999,

this act had prevented by panics and by crises for 66 years. and they took that away, they initiated a pattern of behavior that leads to crisis living in the, in a globalized world like we are, how could the financial situation, the u. s. effects of economies in places like europe and asia? as i said, if one of the very large. busy banks, the job banks, if they get into serious trouble with their derivatives, it will impact the rest of the world. the small, the original banks are large, but they are not large international, but they don't have the chance of inner relationships for the world. that the 5 giant us banks have you see some,

some european banks are in trouble credit suisse. it's a very large bank jaya by. it's currently in trouble because of which i don't know, but it's in trouble. so we don't really know the full extent of the troubles in the banks because cancer risk that they take own now are not real or not well understood is, is just like the derivatives that blew up in 2007 in 2000 and age. and we lost banks, we lost wall street firms and it was a very serious situation. it was the reason for the very, very low interest rates for the next 12 years. and those reasons are the current crisis. we really appreciate your time today and your

insights. thank you so much. is a great pleasure to have you on the show. paul craig roberts, for the us treasury assistant secretary and wall street journal. i just to thank you. you will almost go has denied allegations from washington that the russian air force brought down an american military drone over the black sea. russian defense ministry said the drone crashed into the wolves. off the crimean coast off the suffering a flight failure. the u. a. v was flying with its transponder switched off and violated the boundaries of airspace established for the purpose of conducting the special military operation, which had been communicated to all users of international airspace unpublished in accordance with international norms. the u. s. accused russian jets of doubting a drone over the black ca, what is described as an unsafe, an unprofessional intercept. one of the jet struck the propeller of the drug, so the operators ditch the, into the sea that's according to the us european command. now the russian is

believe to be heading toward crimea when the incident occurred. us officials have said this, and president joe biden was informed of the incident on tuesday morning. the u. s. had someone, the russian ambassador in washington to the state department in relation to the incident. and the pentagon has said that the drone, it will, it claims that he was carrying out surveillance, but he hasn't said whether or not the drawing was armed and earlier the u. s. air force issued a statement accusing the russian aircraft of acting, able to say, was a record environment, the unsound an unprofessional man, accusing the russian aircraft of incompetence. now, in a press conference, a pentagon official insisted, the drone was coming out surveillance in international airspace. when asked, he refused to say whether the drug was armed, but admitted it had weapons capability going forward, or company aircraft, or was us aircraft armed? so i'm not going to get into the specific profile of this particular aircraft. as

you know, the m q 9 does have the ability to be armed. it was again conducting an i s our mission in international airspace. something that we've been doing for some time. well, there's a really fast incident of its kind in the area involving the western military involvement. right? no, we do know that last october, ukraine carried out a massive drone attack. i think it was 9 drones that were launched on the russian black, safely the chrome. my import city of sylvester poem and moscow accused british troops of being involved in that incident. and of course, that led to russia since spending its involvement in that internationally broken deal to allow the grain exports to leave from ukrainian ports. and yet, last month, the ukraine said that it was relying on coordinates, provided or confirmed by the united states and its allies, for the vast majority of it strikes using these advanced you as provided rocket

systems. and of course, it cost major doubt on washington's claims of non belligerence ring for drones, a sometimes known as the predator b, and they are hunter killer unmanned aerial vehicles. they're designed for long endurance and high altitude surveillance, but they've also been described as the most dangerous military drone on earth. and they are controlled remotely. they're able to carry heavier payloads. and you know, what we do know is that that cost, again, a doubt over the nature of this particular operation. we still don't know what the dr. drone was doing. and in the area the u. s. of course, claims that it was carrying out a surveillance, but russia has, as we heard earlier, broken down and dismissed, those claim rushes on. bass there to the u. s. were summoned to the state department over the drone incidence. after the meeting. they both sides to be more careful to avoid direct, military confrontation. united states does not recognize the state. of course it's

contradiction, but does it mean that this must be too prevalent, rushing, maybe rushing in force? please be sure we have to be in our passion taken into what is we know you're sure you should we bring to where we can based on the vision. and then the incident between the russian duration from the pentagon security policy on the list micro maloof say the americans ruined with likely being used to call the shots for the ukrainian military. that drone probably was used to guide and to give assistance to ukrainians on the ground for targets. i'm a little puzzled by the damage to a propeller by it, by

a russian jet without it sustaining without the russian jets sustained damage. but i haven't heard any reports of any damage to the russian aircraft. if in fact it rammed it. that's the only way that this kind of happened. so that there's still more to the story of the fact that it was. it does show, however, the extent to which the united states is providing assistance to, to, to ukraine without actually putting boots on the ground. but it is in effect, acting assisting as a proxy, seeing the ukraine as a proxy in this conflict against russia. washington is adding feel to chinese tensions over taiwan with a former us national security advisor. i think that america may destroy high ones, electronic chip industry. if china invades they got control of those csc factories

and research facilities. they'd be the opec of silicon ships and control world economy. now let's face that, that's never going to happen. i mean, the united states since allies are never going to let those batteries fall into chinese hands even if there were successful, evasion of time, one as taiwan produce is the greatest shad electronic chip in the world. a similar message began circulating in the us a few years ago in 2021 the us army war college paper on keep at taiwan. it should threaten to sabotage the plants themselves in response to an invasion. in order to deter beijing from attacking nelson wong, val die club experts and vice chairman of the shanghai center for women, pac strategic and international studies says the us, it's on the mining the one china policy. and he's trying to benefit from the controversy they're using this to, you know, as, as a means to launch this technology war against china. because yes,

taiwan is the leader in the, the production of chips. the convert to by the former security advisor of the white house does mean a lot and it shows really this is a sinister contingency plan of the us. but the excuse they use was quite worried. they call it in case of a chinese invasion of taiwan. and this is totally out of place because i was wild of china. this is a very warri, some tendency, if the world is going to develop towards that direction. this is very bad news or of us. meanwhile, the authorities of taiwan, which international law considers to be part of china, has called on the you to sign a bilateral investment deal. i think that the issue is on top of its agenda and a bit to persuade you to sign the agreement be sa, proclaimed taiwanese government is also hinted that the deal could lead to an

increased semiconductor investment. but the e u has told taiwan to forget about the plans saying it won't be get a formal deal with the islands in order not to disrupt relations with china. the gal vice presidents of the center for china and globalization say is washington is imposing its own p, china sentiment on the european union, all european countries, including all the eel members as well as all those european members of nato. recognize a non acknowledge $1.00 fee which is universal. that is, there is one, china, and town is part of china. every european country which has to promote relations with china has given legal recognition of this principle. it seems that the united states is overly over you. and quite a few of the european countries. this is very sad. this does not reflect well on

some other european countries to start with. it does not reflect well on you as a whole. so it is time for european union to wake up to be the real european union, rather than becoming a running dog of the united states. china say the orcus alliance is a quote, path of era and danger. as australia plans to buy multiple nuclear powered submarines from the u. s. aging has slammed the deal as d stabilizing for the region and, and is also race concerns that had jeopardize is nuclear non proliferation agreements. may you are the nuclear submarine, cooperation between the united states, britain and australia, involves nuclear weapon states transfer large quantities of weapons, great and rich uranium to non nuclear weapons states. this constitutes a serious risk of nuclear proliferation. the u. s. president, the u. k. prime minister and australian pm announced plans to develop a new generation of subs that will be built in the u. k. and australia with us

technology and support. the new subs the field by weapons grade, highly enriched uranium and condemned to service in the late 20 personal early 20 forty's, australia's foreign minister has asserted that the vessels will not be nuclear armed and would baffle not to violate non proliferation commitments. well, that says the us have praised the controversial new deal, calling it a prospects of peace, staggered the inflection point in history. where the hard work of financing detergent, promoting stability is going to affect the prospect a piece for decades to come. the united states can ask for no better partners in the pacific or so much of our shared future will be read, can understand direct all the sense of accounts, the hedge, a monic studies phase. the submarine deal means australia is being increasingly dragged into the u. s. rivalry with china, undoubtedly there is an overbearing influence of us on australian governments of

all stripes. basically, it's considered a security umbrella, ironically because it's a war with china confrontation. china is probably the most dangerous thing that australia could face insecurity, threat terms. so being dragged into this, into the u. s. a unstoppable mood to confront china and john has said this very clearly that by hitting for confrontation, basically there's nothing that could be more damaging to australia, security, and trade interests. it's a subsidy in many respects. you as war machine in this part of the world, and particularly i'm, that the south china seats linked to that strategic move of confronting and trying to can time china and trying to provoke and divide china all of the, the large military purchases by, by the australian military have largely been so that the strategy could b i l guillory to integrate with us forces in their various was whether it

was vietnam, iraq, what syria, that sort of aggression is the point of having a weapon systems that today with the latest news that they've my 2nd website, our team dot com. thank you for choosing audience nice. mm hm. ah ah ah

ah. with mm. ah oh, welcome to wells far as the americans have many itself brad at buying metaphors of why they and only they are supposed to be at the top of the international pecking order. there was leading democracy, shining city on a heel, a benevolent gentleman all to support the idea that in the final analysis, they have an inborn prerogative to know and decide what's best for the rest and as order and peace preserving.