today suggests being just as if not more jo, politically, seismic we'll discuss it. i'm now joined by a bag. grab executive dean of the trunk young institute for financial studies. dr. brown is good to see your again, and thank you very much for taking the time to talk to us. thank you. thank you for your interview and that back. good to see you again. now i interviewed you about a year ago when the warranty ukraine was still in its early stages and the world was trying to make sounds of it and adjust to a fast changing reality. and he'd have written since, um that uh, the global significance of 2022 has been grossly underestimated that in fact, it may be more consequential than some of the labs i mentioned in my introduction. what makes it so significant? any of you? well, when we had talked about the september 11th all the 2, i saw that the, the finance crisis, we also improve the track of an american st. treat uh,

what would view, what happened in the 2000 and the penalty to as i sent this uh, breaking the international order of american century. so these, some are stands not only found that you can write it, but also a from debt collect p for a weakening of the noun, the rest and what and they are attempting to break away from the national system dominated by the us. so i think that i think that the us is deal of the most powerful country in the world, but it has to be an immediate, the debt the what would the process of the regional integration end of the americanization is a fairly concrete in the middle east central east, south africa asi, more epic. so i think that you can explain the important reason why you only 50 percent of the countries choose to follow the us 2 sections of washer. so from this perspective, i think that the global significance of 2092 is a. it is likely to be the beginning of the year beginning year of the end of the us

key germany. now looking back and he mentioned a number of interesting points that i want to pursue. but before we do that, in one of your articles, you wrote that 2001 that you can only be compared to 1991 when the cold war. and the, this is rather paradoxical because in 2022 a war began award that still has no end inside and aware that the sats all the same old, a pair of adversaries roster versus the collective west. what makes 19912000 way to resonate a so much for you? well, i'll send you or leading my article. i think the, the 19 and 91 is a beginning of the postal code or whatever. and the truth on 22 is the end of it opposed to code avoid ever. so in a pastor of 30 years,

a world is centered to on the united states that has had the interest over. yeah. these, these are open the pool, open the focus of to work, for example of when you as was at packing 2000. so one, the water scene presides to res and as a policy to united states and the tools on the 8 the ideas, they stop a financial crises and a would help that you had he states and then but, but, but now the, the error of the u. s lead actually germany is coming to an ann took me to 2022 because a roger is opposing the usb germany in the radical way, while the outer leaking. so i also a quietly seeking independent to the government trying to can read all the us, could you? so i think that's why i think that 2022 is not just a war, but also

a cause that people action against the global hegemony and of the post a code of what and what capitalized but by the us key gemini, s come to an act, i don't know if you would agree with me, but i think we are all partially guilty for sustaining that had gemini, because uh, we serve as the american interest sometimes to the detriment of the, our own national goals and inspirations. but uh, the year of 1991 was of course the year of the sort of the gold in the year of american dominance when its reputation was riding high among many powers. and i wonder if you look back over the last 3 decades when the united states really have a historic chance of being a genuine leader of humanity, or rather than these few though over lowered that the at least it seems to us right now. what you're seeing, where some of the most significant missteps or miscalculations by the west and the

leads that lead to the current loss of influence. yeah, yes. i agree with you. i. the rest of the leads are indeed a selfish and the sale for centers. and they are blind to the confident, even the advocate they miss t could be that's what would of history ends on the model created by the west. so you fact in many countries in the world including china, once believe you left the beach and even the you for that, the west was indeed the future world. but it probably knew this is where p p for them that in the past that for to years, a way to have not to go by the real popular groups to, to walked in a position to continue to expand, showing the problem and then realize ation on their own interest, the west a has not brought peace prosperity and the comb and they developed them and after the world uncomfortably they uh has the brought the,

the valve to was the kweisi as opposed to these and so on. so as long as the west to respect some of the congress the way the world would not be so bad, so therefore you can pass the 30 years out of countries in the world has up gradually begun to wake up. as i said, the seat there already brought them to pass. now, um, chinese are famous for taking a longer view of history and knowing, enduring and beyond the, the last couple of years. and i think most economist degree, the center of economic development do tend to shift from one place to the next, then never stagnant the, despite the whatever francis fukuyama may have wished for, you know, and that has been a historic reality over several centuries. now this shift towards asia, the shift of power, the shift of economic development was really a par and for many years, why do you think that americans are trying to find that process instead of,

you know, trying to salvage whatever power and privilege they, they, they may yeah, i, i the, i have a communicator. we so professor applies this real quick. i'm ask, you'll mentioned that many times in the, in the past. uh, 10 years east that took his views are also changing. he has a grew dis, illusion. we summer consistency. you then yes, crazy some of america and particularly battery by that. and if you believe without the united states is no longer role model for what is this is god i, we see in my opinion america, i paid to coal lead to our shock side aid to advocate. they don't pay attention to lending from history and they don't pay attention to them full address. they always seem to that they are the stand at all for advocacy. so you fact as a, you mentioned to that history, what i want to say that, you know, past the, nearly a 5 a 1000 a years on the street in china,

there has to be more than 10 p dentist piece. and a more than full hungry to empires, city and the lessons, all the goals that benefit the changes can be found in the united states now, such as internal collapse, you need to know expansion leads to add things economical, weakness, and a piece of property. but at present it seems to be, i think these days are, would still be that important to even near future. but the us, as an empire, as has to be tied, and it has no power to say if it's fate, that we will eventually end it see germany. now i want to shift gears a little bit and ask you about the presence of china who recently visit as most guys, you know, and when he was parting ways with why the inclusion, he was fail telling him that our 2 countries are now driving the changes of the likes of which the world hasn't seen in 110 years. and his russian counterpart of

argument put didn't seem to agree with the add something analyst on a guessing game. what the 2 liters, ma'am? what's your take on that? the so called the greet changers, i'm see know, century is adjustment to on the field job toward 1st proposed by the process. you can keep going to zone 70. i also to best i said in a book in chinese, a 100 a year solve a change and, and a lot of focus, a lot of the scholars have to be know, a pre between the, to the wrong the truth on this searching china, we'll become, to load the largest economy and ending the standards of the us as a logical economy for more than 100. yes. and more importantly, the lower the dominates in a by the way, i say that is becoming more multi part and the north atlantic is no longer

defend to the world. the dominance on the west has come to an end end of the now western world is rising collectively. so i think the found diagnostics to politics found the technology to culture of value. many if you know mean is happening in the world and that has never happened in the past. it won't come through to yes. so i try, i seem to try and get people why we think about the 100 years of change. because of we are actually in color, we can all i failed to adopt that the changes promoting no, you know, vision and amazing contribution. so i think this is a, well, we want to do a batter. now your role before the visa d westernization of global politics will be accompanied by the, the delora ization of global trade and the, the americanization of technology. and we can see it already happening. the share of the year is the solar and international reserve assets is now at the lowest

points since world war 2. it's technological ads, as being rivaled by many countries, including china, and i will not use this upper change and ask you as a, as a problem to china as color. what are some of the ways that the chinese one don't want to emulate americans? and as you expanded the use of the u on and global trade, as you are sharpening your, uh, no logical capacities, what are the things that are to be, you know, emulated and i appreciate it. and what are some of the things that need to go away from international politics in the future we, we really uh, in the rest and as ations, the ad and it's, and thoughtful that's trying to, uh, try our best to, to do my, to come to be with the what and also you know, future, we try our best to, to promote to the natural department as well as the water peaks. so

now we do uh, standing up very uncertainty conditions. so uh for that to i think for tiny so we what we can do is batch that to my, our, to our sales. uh, our best and, and then i sold the domestic uh property. so i, uh, uh, as soon as possible and the child past due to contribute to the quote, well, if you can treat the other is the way you want to be treated. that nice thing that's called the golden rule. and pretty much at every religion that's, that's the way to peace, but for now it's up to right. and we need to pay the way to a little break. we won't be back in just a few moments speech in the

acceptance. and i'm here to plan with you whatever you do. you do not watch my new show. seriously. why watch something that's so different. whitelisted of opinions that he won't get anywhere else. welcome to please, or do you have the state department c i a weapons, bankers, multi 1000000000 dollar corporations. choose your facts for you. go ahead. change and whatever you do. don't want marshall stay main street because i'm probably going to make you uncomfortable. my show is called stretching time, but again, you probably don't want to watch it because it might just change the way you

the conceptual ends, of course, with bang, bang, executive dean of the tongue young institute for financial studies. doctor rang, you have a reason before the china is not alone pursuing uh its own path uh to development in fact is joined by most known of western countries. and you mentioned latin america in particular, when more and more countries are opting for, left leaning governments. but it's a very different laughed from the one represented by the democrats in the united states. what's the, the main difference was the main distinction between this new left ascending all over the world in latin america, in africa, in china. i would argue in russia as well. um the old left that's in power in

washington. i think last year, when i a load an article about the west and i think it's really a low step way to even ask, you know, because it's, and also i think that nowadays, so it's already a comprehensive step toward a journey through 10 left and the to the left, which put more emphasis on the national poet and a emphasizes to expand these throughout van freedom. but however, i found a graduate that's a new laptop lacking america in the south africa. so you mentioned and, and the overlap to in the power that you're at the state of fundamentally, to a type of people. although they or, and beside the rise of a national paul with a new laugh to lie and allow the americans and songs africa. and emphasize at least back to the office, doing a good job for them by themself 1st and then you for the single one thoughts and

overlap to empower in the united states of benches, eyes the about the changing walter's books to edit using, changing a world to solve that all that don't have to the apartment. so i think this is a main reason get and i get lots cool. volunteer. why about these? these are all familiar got to china and last year as a us difficult, it's difficult for the automatic apartments. and what i find very interesting is that china is also framing that in terms of human rights. but instead of emphasizing this supremacy of the individual as many individual wealth and capital, the, the emphasis is food on people's ride to basic needs. and i ride to development the right to happiness if you will, but there is a somewhat different balance between the, the rice and the needs of the individual and the collective given that income gaps, poverty levels in western countries are also on the increase. do you think these

kind of find framing of human rights or these kind of approach to development um could inspire anyone in the west? yeah, it's a so i think that the, the logic of the free competition and the supremacy off of wells in the capital was somewhat to go grassy for 20 or 30 years ago. but now people see that to the larger off uh for you competition. and so pretty much the all felt welfare and the categories using more and more uh, social uh, e books and china has and then from the feeding on the west and social competence. that's why up, over the past 10 years, the china has a cheap way to success. you promote in the social policy against the over the pollution conduction and crises and a china point of view, a balance of between the social security and economic goose. so either the copies

or birth economic groups and the social security, and it's not only protected a warehouse, an interest off the mito after clauses, but also and shoot that to the bible. the beetle in lieu of copies, if necessary for the west to read, understand the china and then the exam, trying the social governance experience. now the china is uh, showing some new approaches, not only in economy or governance, but also thinking in, in the world of diplomacy is become far more proactive on the international stage. is not only brought the saudis and the iranians to the negotiating table, but actually facilitated a fully fledged diplomatic reconciliation between this 2. former anatomy is something that no one serious and no one thought was possible. what's uh, what's china secret here? because, um, i mean, uh, everywhere. all analysts, i know, even here in russia, we're absolutely shocked by the news when they got it. as a china, as we all know,

the china, it's a promote whole piece and the computer to the documents in the past of 40 years to and it is only the country that has not licensed all participated in the world. at the same time. china is also enjoying the index off the water peaks and the china is different from the american. but you have the spaces in joining the, the, the, that. so what, you know, what the mo looks and the conflicts break out into what the more, the american we will benefit for china, china prefer a water piece. so i believe that to the world has seen china is a pretty a peaceful image. i saw the out of ad that you learned. you mentioned also a pretty easy, you know, trying to peaceful cmt a. china does nothing to promote the so called an offshore palace, estrada each. now we only have grown to know how stream pipeline, non, we'll eat, engaging stacking to overflow as a congress agent. on the contrary,

china host to promote the regional the calls to the agent and that you can onto the construction piece of why china is working hard to promote to that. because the age of getting us all the out of and the long and of the construction, rebecca afghanistan. so in fact, we also corporate into the washer and a ukraine. we were re consign this negotiations between the reign in sound. the sound is facilitated by china. were kept in secret, no leaks, no speculations, which is very unusual and is the nature of the so called megaphone diplomacy when sensitive details uh, linked to media for immediate impact, which i'm sure with agree with me makes diplomacy not only in effective but pretty much impossible i wonder if this discretion is specifically a china feature of given the sort of they demonstrate the success of such a pros, dressing if can come back into fashion in the end. a world of diplomacy, again, a uh, extra ice thing uh, many times a we need

a test cabinet to national cabinets as well as that diplomacy. the popular has to be supposed to be and it has a live per linmore alt to the company. that's on the other hand. depot matthew contrast panels is not good at this and desirable is fascinating. the face of major uh, compact compacts foreign policy division. i think it isn't necessary for the country to keep a certain count of a secrecy, so as not to be in france, advisor unnecessarily non professional, probably copying. so i'm not sure whether the so called a close dollar diplomacy has become the popular mass of the old fashion. they depend on the actual effect. i think the close don't oppose the to a bad to cost is uh, the least possible approach to create a policy policy. so the most fascinating aspect of this whole development for me is

this is the position of saudi arabia, which normally still an american ally. and yet it's far more engaged both economically and politically, with china, into some extensive in russia, then that in washington, what do you think it made it possible for re, uh, to pursue that own task this little, if any consideration for whatever washington has to say. and uh if uh, if i was already, i would see you that sorted out of the house being the see the by the us for so many years. so the out of the ship enjoying the p. 40 environment in middle east and continue to develop. but the us has use of show balancing method for more than half a century to create charles and that is all to the middle east, which in turn, a make middle eastern country depend on that. he states police,

this is an important protect the some awful raskin goodies and diplomacy. so not all sorted out, but if we can knock those, he says good 6 email appealing to you as it should have respect as those regional countries. and not only, not just to treat them as a tools or even jump to a beautiful, beautiful truck such a net key of the way when it not in use and to use h to wipe your model. so when it is useful, while it's a very conspicuous matter for, as i think it's not yet inspiring for our labors and ukraine who remain in a very close relationship with the united states, to the extent that the, that own country has been sacrificed for the sake of the fighting russia. now, as i'm sure, you know, many people in russia were inspired by china pointing its own algoy for the

conflict and ukraine. perhaps trying to build on its own diplomatic success on the middle east and from. but i wonder how this appointment was received in, in key if does china have enough weight enough influence enough credibility with the ukranian with the current ukranian authority to produce any change uh on that front. i think that the uh, to my altima honest the, uh uh but how say that the deluxe here is all what buried you sent about. but also your queen is uh, trying to assess direct deposit to the uh, in the, in a long time we have a back go to the chip and the corporation we for last year as well as we uh, reset your creek. so that's why i think that to china, try our best to, to uh,

do a weight there because the asian between russia and uh, and usually uh for, for you queen, i think, uh, china, we are not home. uh, you'll queen eletta long dc. or you can kind of see, you need to check the balance of last year and it and be happy to. so china won't you agree economy to do cover? and china is also leading to the best you create and participate in that you recall struck him off your queen's track structure. so i really hope that to create a rush or 10 uninstalled piece under the 2 steps the test. so i think we are most of the chinese people, we are glass, you agree? but also perhaps last year. now, last year you described ukraine as a having the body of a strong man and the feeder was serve and girl. and i think perhaps that was too up to mistake because ukraine at this point of time uh is in the far drimmers

situation. the country is, have destroyed a quarter of the population left, the country and the infrastructure is ruined. and the big question is, who's going to um, rebuild your criminal help it's rebuild because obviously it does not have enough resources. or do you think this is something that the china could use as, let's say, not as a temp taishan, but as something that could really attract the ukrainian leadership. because the americans and the, the, the, the europe hands may talk about their supports for your credit. but it's still pretty unclear whether they want to fund the rebuilding of the country. what's, what's your view on that front? yeah, i, i always, uh, i see cause that to the comments as the situation you creek is a historical tragedy. you, queen is a wonderful country. we allow just the land,

every unit, and the, your credit population bank. so i'm on the top 5 in europe and the ucr. you should have be a big country in europe. but it's a very p p for ukraine. that's increase the strategy in the past. the 30 years has not shipped the independent or spend the all 5 regional power on a country you. ukraine has always been waiting to be a vessel off of you and the united states has to go to us. so your queen has a tend to, to, to west and most of the time. but it has not brought to you. you cannot be a goose and a national spencer on a country your queen has become to pull east the country you. so that's why i sincerely hope that your queen can least track only itself, grew up from the less and more history of the con,

the reach between eastern and western secret ivy. instead of being attached to a certain, i mean you treat group and to be coming a pool for band and see how the effects dr. ivank has been great pleasure talking to you. thank you very much for that. thank you. thank you so much and thank you for watching. i hope to see her again was the part the the, the,

the russian states. never as i've started as soon as the most sense community, best of all sense and up in the system must be the one else holes. question about this, even though we will then in the european union, the kremlin machine, the state on the rush of funding and supports the r t spoke neck, keeping our video agency roughly all the band on youtube tv services for the question, did you see a request to check the

hello and welcome to cross software. all things are considered. i'm peter live out . they chose approach towards ukraine, is full of contradictions. we are told a win for russia is a defeat for the west. but ukraine is not a member of the military alliance were told, nato is not part of the complex, but it has been supporting kevin with hurley since 2014. nato says he wants russian to be defeated, but it says nothing about peace. the

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