A Tale of Two Nations: Russia vs USA Economic Prospects

Taking the extraordinary USA and EU economic sanctions against Russia and low oil prices since 2014 into account, Russia’s economic outlook looks excellent going forward while that of Trump’s America looks bleak, to put it mildly. Paraphrasing the memorable 1992 Presidential candidates debate between a then-young William Jefferson Clinton and George H.W. Bush, “It’s the debt, stupid.”

In the past few years too many US economists and analysts such as Moody’s Credit Rating have tried to dismiss the economy of the Russian Federation as a near-bankrupt Soviet-era oil and gas-dependent economy, devastated by the 2014 collapse in oil price. This is a grave mistake, especially so as military calculations of NATO in many cases depend on such poorly-informed and dated judgments. Here are just a few select examples of what is really going on in terms of cutting edge and even bleeding edge technology R&D and commercialization in Russia in the civilian sector. The West’s neo-colonial smug arrogance has no place.

Yes, the physical economy Russia has great problems. I’ve traveled throughout Russia many times since 1994. I have seen much beyond the breath-taking beauty of the Czar palaces of St. Petersburg or the spectacular Moscow Kremlin fortress constructed in the 1480’s. I’ve seen dilapidated infrastructure and streets with New York-style potholes in Russia’s smaller cities.

I grew up and for some time worked in proximity of slums and poverty in cities such as Boston, New York, Newark, or Dallas as a young man in the United States during the 1960’s and 1970s and after. The differences with Russia’s economic deficits are enormous. The growing poverty in America since the beginning of the 1970’s was as a deliberate economic policy consequence of Wall Street policies and notably so after the decision to abandon the Bretton Woods Gold Exchange Standard in 1971.

By contrast, the poverty in Russia today is a residue of the seventy years of Soviet conditions during the military necessities of the Cold War and the fatal flaws of its rigid central planning that suppressed individual initiative and creativity, or rather penalized it. That was aggravated in a devastating manner by the Gorbachev Perestroika monetary mistakes and the criminal CIA-backed looting of Russian state assets by the Yeltsin mafia in the decade of the 1990s.

In brief, the United States, when the falsified US Government economic data are stripped away, is falling deeper into debt and decay as money and Wall Street mega-banks reign supreme like Gods of Money. Russia in contrast is growing slowly but definitely out of its economic and infrastructure deficit of the past decades, in fact of the past century since the Western-backed Lenin coup d’etat of 1917While the United States over the past five decades has been tearing down its once prospering cities, infrastructure and industry, Russia is building up its national economy on an advanced technological basis with some of the most creative scientific and engineering minds on Earth. As Moody’s or S&P language might put it, “USA economy: Outlook Negative going forward; Russia economy: Outlook Positive going forward.”

A Debtors’ Prison

The difference between the present economic prospects of the United States and that of the Russian Federation is fundamental. To begin with we need to examine the relative debt structures of the West versus the East. In the United States debts are soaring and the slums and homelessness are spreading, hidden behind United States’ Potemkin Village ultra-wealthy gentrified urban areas like Manhattan in New York City or Washington D C and its wealthy suburbs.

Household debt in the USA, almost nine years after the financial collapse of September 2008, and after more than 8 years of near-zero Federal Reserve interest rates, is alarmingly high, higher than almost any time in the postwar period at almost 80% of GDP.

Of that household private debt, student loan debt for college education is more than $1.3 trillion, or an average debt of $48,000 a student. Astonishingly, students’ indebtedness for higher education has passed Americans’ legendary credit card debt in dollar terms. In early 2017 according to Federal Reserve and other data more than 44 million Americans held a total of some $1.3 trillion in debts for higher education. In 1997, only 20 years ago, total student debt was less than $30 billion, hardly a drain.

One reason for the explosion of debt is that total costs of a higher education in America today are soaring, notably at state-supported colleges. Costs rose 41% from 2002 to 2012. At the same time the incomes of the families of the households sending their children to college has stagnated and after 2008 declined in real terms.

For most of the immediate postwar period until the great economic crises of the 1970’s, higher education in the United States had a tradition–most especially at state universities– that tuition costs were minimal or state subsidized so that higher education could be open to anyone “with brains” as Harvard President Charles W. Eliot once charmingly put it. Higher education was seen by states and communities as an investment in the nation’s future. Those were the days before globalization and the great labor outsourcing. Now Federal government monies to support low-cost state college tuition have been severely cut, and state budgets across the country are still bleeding from the 2007-8 financial crisis.

Total private household debt in the United States today is over $12 trillion for combined home mortgage debt, college loans, car debt, credit card debt. That’s a huge burden weighing on the growth potential of the US economy.

Add to this the exponential growth of the US national debt, now just under $20 trillion, and it becomes clear that the campaign rhetoric of the Trump Presidency to “make America Great Again” requires emergency economic measures and effective and well-thought-through Chapter 9 type bankruptcy-reorganization of the nation’s debt in order to allow the United States to again become a real manufacturing economy not merely a financial speculator in debt.

In 1980 at the start of the “debts don’t matter” irresponsibility of the Reagan-Bush era, the level of Federal debt was a very manageable 30% of GDP. By the end of Bush Senior’s term in January 1993, it stood at more than double or 63% of GDP. It was beginning to “matter,” but Wall Street and bond traders loved it. When George W. Bush, took office in 2001 it had fallen back to 54% through no fault of Bush but rather to Baby-boomer demographics. From there US national debt took off like a ballistic missile, doubling by March 2017 to more than 104% of GDP today, just a whisker below a staggering $20 trillion.

This debt in the USA, private and public, is the true reason the Fed, more than eight years after the worst financial crisis in world history, still fears to bring interest rates much beyond the historically low 1.25% at present for fear of triggering a domino debt default collapse of the entire economy. Russia faces nothing remotely comparable in terms of such a debt prison.

The situation for the EU countries is only slightly better. The Eurozone countries have an average of 90% debt to GDP, far beyond the 60% ceiling of the Maastricht Treaty. In Greece it stands at 179 % , followed by Italy at 133 %, Portugal at 130 %, Cyprus at 107 % and Belgium at 106 %.

Russia Looks Quite Healthy

By contrast Russia’s state debt is almost miniscule at 13% of GDP in 2016, the US dollar equivalent at present exchange rates of $190 billion. Inflation is currently measured between 4-5%. The Ruble is stable since the sanctions crisis and oil shock of 2014. And foreign investment is coming back into Russia’s economy. Moreover, despite the collapse of world oil prices after September 2014, Russian oil exports have held firm or grown and gas exports via new pipelines to China and elsewhere in east Eurasia are about to give added revenue to state-owned Gazprom and other Russian oil companies. Russian domestic production costs for oil and gas are priced in Rubles and sold for dollars so the impact of a significant Ruble fall versus the dollar after 2014 was hardly severe as US Treasury financial warfare jockeys might have hoped.

Russia’s Central bank reserves today are more than healthy. In addition to a major restocking of its gold reserves the total reserves today stand at $406 billion, higher than in 2014 when it stood at $385 billion. In addition the Finance Ministry’s Sovereign Wealth Funds total another $90 billion at current exchange rates. Moody’s and S&P, tell me where is the ”risk“ of sovereign debt default that you still insist rating Russian state bonds as “junk”?

Political Bias Against Russia?

A note here is in order about the political nature of select sovereign credit risk ratings by the dominant US credit rating agencies Moody’s and S&P. During the depth of the ruble crisis in 2014 when plunging oil prices and US and EU sanctions forced Russian companies to repay foreign dollar or euro loans, as the West was threatening cutoff of SWIFT interbank lines to Russia, capital outflow reached $151 billion for the crisis year 2014, most in the last quarter.

In 2016 capital outflows out of Russia totaled a mere $15 billion, most to Russian companies overseas and the ruble remained stable. Despite the absence of any hint of a possible Russian sovereign debt default as in the Soros-linked ruble default crisis of August 1998 under the chaotic Yeltsin era, both Moody’s and S&P still keep Russian government debt rated at “below investment grade,” or “junk” grade, meaning that international pension funds and other major investors are prohibited by their own regulators from holding Russian state debt despite very attractive interest rates compared with the EU or USA or Japan.

Critics of the political bias of certain Moody’s and S&P sovereign debt ratings see the giant Wall Street rating companies who hold a de facto monopoly on world credit ratings, as too often operating with political bias. They cite the example of the spectacular bankruptcy of Enron in 2001 and the fact the two US rating companies continued to give Enron top ratings until the eve of bankruptcy. Enron’s CEO Kenneth Lay happened to be a close friend of the Bush family which some believe played a role in the ratings blindness. Similarly, Moody’s and S&P did not warn of the largest financial collapse, that triggered by the meltdown in the bond-rated Mortgage Backed Securities market in so-called sub-prime real estate loans in the USA beginning in March 2007. They should have. They rated the Mortgage Backed bonds behind the crisis.

In effect it would appear that Moody’s and S&P (less so Fitch the smallest US rater of the three) act as an integrated adjuvant of the US Treasury economic warfare sanctions unit, using a blackmail of lowered credit rating to pressure Russia into destructive liberal economic reforms it does not at all need.

Let’s look briefly at some positive industrial areas of the Russian real economy instead of the virtual reality of Western ratings games. Here it looks anything but bankrupt or junk.

Civilian Sector to Gain from Military

The very advanced military technology that Russia’s intervention into the Syria war has demonstrated to the world confirms that Russian science and technology are world-class, and often far more.

In a speech July 9 at the opening ceremony in Yekaterinburg in central Russia of the International Industrial Trade Fair INNOPROM-2017, Russia’s President Vladimir Putin stated, “Another key issue is to boost volumes of hi-tech production for the civil purposes by the defense industry complex. The Ministry of Industry and Trade is actively engaged in this issue now.”

This represents a sea change in Russian attitude towards its military technology sector. During the Cold War, a heritage of Stalin-era obsession with security, the military industry was completely sealed from any possible interaction with the civilian economy, resulting in huge imbalances in technology spread into the domestic economy to the present.

Civilian Advanced Aircraft

An instance of the kind of innovation and technology potential of this policy of supporting high-tech manufacture drawing on Russia’s extraordinary military aircraft experience is the rollout this May of the first test flight of Russia’s Irkut MC-21 narrow-body commercial jet. The development reportedly sent shock waves through the boardrooms of Boeing and Airbus.

The Irkut MC-21 has the widest fuselage of any narrow-body jet in the market giving more passenger comfort compared with the “sardines-in-a-can” passenger space on comparable Boeing 737 and Airbus A320 models. More attractive, especially for many developing markets in the Middle East and Asia, is the fact its price is some 15% below the A320. More interesting is the technology in the construction. The MC-21 has Russian-developed unique carbon fiber wings, giving the plane a 30% composite content. The wings were developed using a revolutionary new resin transfer infusion process created by AeroComposit in Ulyanovsk, Russia. Boeing 737 Max and Airbus A320 use metal wings.

Notably, the Irkut manufacturer is part of a new state aircraft group United Aircraft Corporation or UAC. It was during his first Presidency that Vladimir Putin merged the former military aircraft makers from Ilyushin, Irkut, Sukhoi, Tupolev, and Yakovlev to form a single aircraft group, UAC, which is 80% state-owned.

In addition to the MC-21 narrow-body passenger medium-range jet, UAC has developed the regional Superjet-100 aircraft, certified for international routes in 2012. UAC subsidiary company, Sukhoi, claims direct operating costs to be 6–8% lower than its key competitor, the Brazilian Embraer 190/195 and can accommodate 22 more passengers. I can personally attest the aircraft is very comfortable.

Russia’s entry into the strategic civilian passenger jet market has recently taken on another new dimension in terms of creation of a Russian-Chinese joint venture. In June, 2016, the UAC and the China state aircraft corporation Comac created China-Russia Aircraft International Co, Ltd. (CRAIC), based in Shanghai. CRAIC is responsible for product and technology development, manufacturing, marketing, sales and customer service, consulting, program management. The two companies are creating a new generation of long-range wide-body commercial aircraft to compete with Airbus A380 and Boeing 787. The Sino-Russian jet will have a range of up to 12,000 kilometers (7,500 miles) and seat 280 passengers with operating costs 10-15% less than its rivals. UAC expects the new joint jet will take 10 percent of a market dominated by the Boeing 787 and Airbus A350.

Advanced Railway Equipment

Another sector of infrastructure manufacturing excellence from Russia is the extraordinary development of Russia’s United Wagon Company. Russia’s Putin, then-Prime Minister, attended the opening of the highly sophisticated new cutting-edge rail car factory of United Wagon’s Tikhvin Railway Car Building Plant in 2012 at a cost of almost $1 billion. Since then United Wagon has grown to be a major world-class builder of advanced specialized rail wagons, and is larger than any European freight wagon producer with 22,000 wagons a year.

The company took best practice experiences from the automotive, aerospace and rail industry around the world in the design of the factory. It combines foundry production and vehicle assembly on a single site giving it flexibility and productivity rates “several times” in excess of established Russian wagon plants. TVSZ can produce a wheelset every 4½ minutes and complete a wagon every 24 minutes. The factory outside St. Petersburg features the most advanced automated equipment and robots similar to equipment used by BMW and Airbus. The only comparable casting machinery is used by Daimler in Germany. TVSZ rail wagons are 50% cheaper to maintain than established Russian designs, and more track friendly.

During their recent talks before the Hamburg G20 meeting, Russian President Putin and China President Xi Jinping discussed incorporating Russian rail car manufacturing capacities in the development of the vast high-speed rail infrastructure that is being built across Eurasia today including Russia and the Eurasian Economic Union. Clearly United Wagon was uppermost in Putin’s mind.

Unlike the United States which to the present day has managed to not build one single mile or kilometer of high-speed rail track capable of speeds above 140 mph, Russia is expanding its high speed rail, now officially in coordination with China’s vast One Belt, One Road Eurasian infrastructure project. Russia and China are jointly developing the priority project of a new high-speed rail link from Russia’s Kazan to Moscow, ultimately to be a key link in the OBOR Beijing to Moscow line. The Moscow-Kazan high-speed rail link will be 770 km long, with trains moving up to 400 km/hr and stops every 50-70 km. The high-speed journey from Moscow to Kazan will take 3.5 hours compared to the current 14 hours, revolutionizing economic relations all along the line.

With an eye to its growing trade relations to her East, Russia announced last year that it will build a new railway corridor in the Russian Far East for a faster connection between the Trans-Siberian railway and the Pacific Ocean via a new port on the Sea of Japan to be completed by 2025. The new transport corridor will be able to serve most of the ports of the Russian Far East, as well as Japan, China and Korea, and cuts the distance to the Trans-Siberian railway by 550 km, allowing much faster transportation of cargo to the European part of Russia.

Truly prospects for a dynamic, economically growing Russian real economy today is more positive than at any time in the past two centuries or more. I can’t help but feel it would do our world far more in terms of the good to end with the silly losing wars everywhere and return to building up our nations and civilization. The energy of war is a no-brainer. Building up is exciting as China and increasingly Russia realize.


Originally published on 2017-07-19

About the author: F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook.”

Source: New Eastern Outlook

Read our Disclaimer/Legal Statement!

Donate to Support Us

We would like to ask you to consider a small donation to help our team keep working. We accept no advertising and rely only on you, our readers, to keep us digging the truth on history, global politics and international relations.

READ MORE!
Photo Story: Muslim Albanian Islamic State of Kosovostan est. 1999
Photo evidence of Jihadization of Kosovo & Metochia by Muslim Albanians from June 1999 onward. Kosovo after June 1999 when became occupied by NATO troops became the first world's ISIS/ISIL. The EuroChristian culture of the ethnic Serbs is systematically destroyed like today in the Middle East for the reason to create pure Islamic state. At the same time Kosovo & Metochia is becoming overwhelmingly Islamized with ethnic cleansing of all non-Albanians especially of the Christian Serbs. Origins of images: Facebook, Twitter, Wikimedia, Wikipedia, Flickr, Google, Imageinjection & Pinterest. Read our Disclaimer/Legal Statement! Donate to Support Us We would like to ask you to consider a ...
READ MORE
Breaking Yugoslavia: How the US Used NATO as its Battering Ram
November 1991 is a month and year that will forever live in infamy when it comes to one of the most grievous crimes committed under the rubric of Western foreign policy, as it was on this month in this year that the break-up and destruction of the Socialist Federal Republic of Yugoslavia (SFRY) was set in train. The Arbitration Commission of the Peace Conference on Yugoslavia was a body set up in 1991 by the Council of Ministers of the European Economic Community (EEC) in response to the conflict that had broken out between separatists in Slovenia and Croatia and the ...
READ MORE
Basic Introduction to the Kosovo Problem
Figure 1. Ethnic Albanian refugees at the Lion airport, April 18, 1999 A French magazine published a couple of photos from the Lion airport on April 18th, 1999, at the time when NATO bombers were pouring their lethal burden over Serbia (and partly over Montenegro), in the course of their “preventing humanitarian catastrophe” at Kosovo. One picture showed the French weaponry ready to be transported to Kosovo, the other presented an ethnic-Albanian family from Kosovo, refugees just arrived to France. The photo deserves well our attention, for it speaks very much indeed; it exposes vividly the very crux of the ...
READ MORE
The “Serb Question” and its “Final Solution” in Euro-Croatia
On September 10th, 2015 a City Council of Croatia’s capital Zagreb decided to promote a war criminal General Ante Gotovina to “honorable citizen of the City of Zagreb” for his “contribution to the defending of Croatia’s independence and territorial integrity”. The General, however, as a Commander-in-Chief of Croatia’s army, is directly responsible for a brutal ethnic cleansing and war crimes committed by Croatia’s army, police forces and state authorities over the Serbs during the SS-punishment-style military-police operation “Storm” (Oluja) in August 1995 when around 3000 ethnic Serbs in the Krajina region were killed and 250.000 expelled from their homes. That ...
READ MORE
Twenty Principal Misconceptions about the Kosovo Issue
Read our Disclaimer/Legal Statement! Donate to Support Us We would like to ask you to consider a small donation to help our team keep working. We accept no advertising and rely only on you, our readers, to keep us digging the truth on history, global politics and international relations. Save Save
READ MORE
The 2016 Aleppo Massacre: Are Putin and Assad the Only “War Criminals”?
On Friday, October 5th, the U.S. Secretary of State – John Kerry calls for war crimes investigation of Russia’s and Assad governments for the destruction of Syrian city of Aleppo. The western corporate mass media was a very quick, like, for instance, The New York Times, immediately and clearly to accuse the Russian President Vladimir Putin and the Syrian President Bashar al-Assad for alleged war crimes in Syria – the same cliché used by the same propaganda machinery against the Serbs (Srebrenica case from 1995 or Kosovo War from 1999) during the bloody destruction of ex-Yugoslavia (by the U.S. and ...
READ MORE
A Biography of Kurt Waldheim (Austria) – A Fourth U.N. Secretary-General
The U.N. Organization was established in 1945 for the very security reason – to preserve the peace in the world. We believe that the governmental bodies and administrative structures of the U.N. have to be composed by the proved democratically oriented politicians and magistrates but above all this requirement has to be applied to the post and function of the U.N. Secretary-General. Nevertheless, in the history of the U.N. there is at least one (extremely) problematic appointment to the post of the U.N. Secretary-General: Kurt Waldheim from Austria. On the official website of the U.N. about its fourth Secretary-General one can ...
READ MORE
The U.S. Pushed North Korea to Build Nukes?
Let’s say you know someone who wears funny blue suits and doesn’t share your views on politics. So you decide to stick this person in a cage and put him on a diet of bread and water until he agrees to change his wardrobe and adjust his thinking. And when he sits quietly on the cage-floor with his hands folded, you ignore him altogether and deal with other matters. But when he stomps his feet in anger or violently shakes the cage, you throw cold water on him or poke him in the back with a sharp stick. How long do ...
READ MORE
New World Order: Muslims to be Majority in Europe within Two Generations
Within 40 years, given current demographic trends, the white population in France and the rest of old Europe will recede, creating a Muslim majority, a French researcher says. Charles Gave, an economist, fund manager and political commentator, published his conclusions this month on the webpage of his think tank, Institute des Libertes. He writes of the “disappearance of the European populations” as native populations shrink and Muslims continue to exhibit a robust fertility rate. Mr. Gave, president of Gavekal Research, acknowledges that his decidedly unpolitically correct view may bring him scorn and possibly censorship. The political left generally protects Islam from criticism. ...
READ MORE
America’s Recent Achievements in the Middle East
Here are before-and-after pictures, at https://twitter.com/MAL0mt/status/701077438525263873/photo/1, of what the U.S. government has achieved, in the Middle East: What’s especially interesting there, is that in all of these missions, except for Iraq, the U.S. was doing it with the key participation of the Saud family, the royals who own Saudi Arabia, and who are the world’s largest buyers of American weaponry. Since Barack Obama came into the White House, the operations — Libya, Yemen, and Syria — have been, to a large extent, joint operations with the Sauds. ‘We’ are now working more closely with ‘our’ ‘friends’, even than ‘we’ were under George W. Bush. As President Obama instructed his military, ...
READ MORE
These Horrible Chemical Weapons Were Created & Used During the First World War
Chemical weapons are an invention of the western war machine. Introduced into trench warfare by the French in 1915, over 190,000 tons of chemical weapons were produced during World War 1. There were an estimated 1.3 million casualties caused by chemicals during the war, with 90,000 fatalities. Often referred to as the “Chemists War,” World War I saw the rise of chemical weapons being used on the battlefield. It all began with the French Army, who used tear gas in the form of small grenades. These small grenades didn’t hold much gas, and were largely undetected by German forces. The French issued ...
READ MORE
The Rule of Law no Longer Exists in Western Civilization
My work documenting how the law was lost began about a quarter of a century ago. A close friend and distinguished attorney, Dean Booth, first brought to my attention the erosion of the legal principles on which rests the rule of law in the United States. My columns on the subject got the attention of an educational institution that invited me to give a lecture on the subject. Subsequently, I was invited to give a lecture on “How The Law Was Lost” at the Benjamin Cardozo School of Law in New York City. The work coalesced into a book, The Tyranny Of ...
READ MORE
Why NATO/US’s “Collateral Damage” and “Errors” are not a War Crime?
Many innocent civilians were killed in American military interventions around the world – from Vietnam and Serbia to Iran and Afghanistan, because of the alleged “errors” or “collateral damage” – without consequences for civil and military leadership. In addition to political, military and every other power, Americans secured itself with legal mechanisms. Twenty-two civilians, wounded and doctors, among them three children, were killed in the American bombing of a hospital in the Afghan city of Kunduz. Americans acknowledged the error and apologized. The President of the United States expressed his condolences, the military leadership announced three independent investigations. “Doctors without borders” ...
READ MORE
Memorial Day Ignores Millions of US Imperial Victims
The day commemorates lost lives of US servicemen and women sent to war for the wrong reasons – from the 18th century to today, notably America’s so-called War of Independence, its Civil War, WW I and II and all subsequent wars of choice. America’s only enemies in the past 70 years and throughout at least most of its history were and remain ones it invents. It could have been a model peaceful nation had it chosen a different path. Instead, its history reflects unbridled militarism, endless wars of choice, related violence and chaos, contempt for rule of law principles, along with unparalleled ...
READ MORE
Western Democracy is an Endangered Species on its Way to Extinction
The British Labour Party no longer represents the working class. Under UK prime minister Tony Blair, the Labour Party became a vassal of the One Percent. The result has been a rebellion in the ranks and the rise of Jeremy Corbyn, a principled Labourite intent on representing the people, a no-no in Western “democracies.” Corbyn is too real for the Labour Party Blairites, who hope to be rewarded with similar nest eggs as Blair for representing the capitalist One Percent. So what is the corrupted Labour Party doing to prevent Corbyn’s election? The answer is that it is denying the vote to ...
READ MORE
For Decades Russia Has Been Forced to Respond to NATO Expansion
The North Atlantic Treaty Organization (NATO), established in 1949 on the pretext of “containing Soviet influence”, has almost doubled in size within the past two decades alone. In 1998, NATO comprised 16 member states, but with repeated expansions up to Russia’s very borders, it now contains almost 30 countries. Though seldom mentioned in mainstream discourse, NATO is a US-dominated organization, whose orders are issued from Washington and customarily obeyed. The US is by far the largest contributor to the alliance, spending more than all other member nations put together. One of the critical reasons behind NATO’s formation almost 70 years ago, was ...
READ MORE
Bearing the Burden
This article about the Untied States bearing the burden with allies first appeared in the Fall 2016 issue of Providence‘s print edition that was released last December. To read the original in a PDF format, here. To receive a complete copy of future issues as they are published, subscribe here. “It’s important to make sure our alliances are as strong as they possibly can be,” a presidential candidate declared not long ago. He promised to “work with our European friends” and explained that “building a durable peace will require strong alliances.”[i] Striking a similar theme, another candidate promised “to work in concert with ...
READ MORE
Kosovo’s Mafia: How the US and Allies Ignore Organized Crime
PRISTINA, Kosovo — It was the fall of 2000, just over a year after the end of the war in Kosovo, when two NATO military intelligence officers produced the first known report on local organized crime, painting the former political leader of the Kosovo Liberation Army (KLA), Hashim Thaci, as having “established influence on local criminal organizations, which control [a] large part of Kosovo.” The report, the existence of which has not been previously reported, was widely distributed among all NATO countries, according to former NATO sources interviewed by GlobalPost. And year after year as the nascent democracy of Kosovo struggled ...
READ MORE
Donald Trump on Kosovo in 1999
When I saw the media in Serbia reporting about Donald Trump’s alleged condemnation of the 1999 NATO attack on then-Yugoslavia, also known as the Kosovo War, I shrugged it off as disinformation. Most of them, I’m sad to say, are almost entirely dedicated to gaslighting the general populace, and as likely to spread confusion and cognitive dissonance as actual news. It turns out that Donald Trump did talk to Larry King about Kosovo – but everyone is leaving out that this took place in October 1999. That is sort of important, though: by that point, the Serbian province had been “liberated” ...
READ MORE
Terrorist al-Nusra Front is blamed for massacre and abduction of Syrian civilians.
A Black Agenda Radio commentary by executive editor Glen Ford   “For Russia, the war in Afghanistan is a domestic issue, with a direct impact on the drug trade and terrorist attacks on Russian cities.” If the United States were not a superpower, it would be the joke of the planet, a nation whose government tells the most outrageous and ridiculous lies -- and may actually believe them -- and whose corporate media report those lies as gospel truth. The latest whopper comes from the mouth of James “Mad Dog” Mattis, the U.S. Secretary of Defense, who claims the Russians are providing weapons ...
READ MORE
Photo Story: Muslim Albanian Islamic State of Kosovostan est. 1999
Breaking Yugoslavia: How the US Used NATO as its Battering Ram
Basic Introduction to the Kosovo Problem
The “Serb Question” and its “Final Solution” in Euro-Croatia
Twenty Principal Misconceptions about the Kosovo Issue
The 2016 Aleppo Massacre: Are Putin and Assad the Only “War Criminals”?
A Biography of Kurt Waldheim (Austria) – A Fourth U.N. Secretary-General
The U.S. Pushed North Korea to Build Nukes?
New World Order: Muslims to be Majority in Europe within Two Generations
America’s Recent Achievements in the Middle East
These Horrible Chemical Weapons Were Created & Used During the First World War
The Rule of Law no Longer Exists in Western Civilization
Why NATO/US’s “Collateral Damage” and “Errors” are not a War Crime?
Memorial Day Ignores Millions of US Imperial Victims
Western Democracy is an Endangered Species on its Way to Extinction
For Decades Russia Has Been Forced to Respond to NATO Expansion
Bearing the Burden
Kosovo’s Mafia: How the US and Allies Ignore Organized Crime
Donald Trump on Kosovo in 1999
The U.S., Not Russia, Arms Jihadists Worldwide
Policraticus

Written by Policraticus

SHORT LEGAL DISCLAIMER: The website’s owner & editor-in-chief has no official position on any issue published at this website. The views of the authors presented at this website do not necessarily coincide with the opinion of the owner & editor-in-chief of the website. The contents of all material (articles, books, photos, videos…) are of sole responsibility of the authors. The owner & editor-in-chief of this website is not morally, scientifically or legally responsible for any inaccurate or incorrect statement in the contents of all material found on this website. The owner & editor-in-chief of this website is not responsible for the content of external internet sites. No advertising, government or corporate funding for the functioning of this website. The owner & editor-in-chief and authors are not morally, scientifically or legally responsible for any inaccurate or incorrect statement in the text and material found on the website www.global-politics.eu

Website: http://www.global-politics.eu