Latest / International Flavor: Where the Truth Tastes Better / SPIEF Part 1: Putin Opens the Forum and the Post-Western Economic Argument Begins

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SPIEF Part 1: Putin Opens the Forum and the Post-Western Economic Argument Begins · International Flavor: Where the Truth Tastes Better

• 0:00
  Hello, good morning.
• 0:01
  Happy Monday to you.
• 0:04
  I am Samuel Trapp.
• 0:05
  This is International Flavor.
• 0:08
  You are listening to DAM Radio.
• 0:10
  First show of the week.
• 0:11
  I get to start the week.
• 0:13
  We're going to start it hopefully with a
• 0:15
  bit of a good show for you.
• 0:18
  Coming to you live from the Lake Ozark
• 0:20
  Real Estate of the Art Studio.
• 0:22
  Please feel free to 573-746-8020.
• 0:27
  You can always listen live at damradio.com
• 0:31
  forward slash live or you can go back
• 0:34
  and listen to past shows on DAM Radio
• 0:38
  by going to damradio.com forward slash podcast.
• 0:45
  If you like my shows, you can go
• 0:47
  out to internationalflavor.com and download them all.
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  I'm trying to figure out as well how
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  to be a good citizen and post the
• 0:59
  fact that my shows are ongoing on Facebook,
• 1:04
  but the system isn't quite allowing it.
• 1:08
  It is, but it's painful and so I
• 1:12
  don't like to do it.
• 1:13
  If it was easy, everybody would do it,
• 1:16
  right?
• 1:17
  I'm going to figure that out though here
• 1:20
  in the next couple of weeks so that
• 1:21
  we can have comments streaming while we like.
• 1:25
  I used to do it when I did
• 1:27
  this show as a video and I still
• 1:29
  do it that way when I do it
• 1:31
  in Russian, but I don't advertise it very
• 1:33
  well and frankly I've been a bit lax
• 1:36
  in getting my Russian version out.
• 1:39
  At any rate, that is how you follow
• 1:42
  the program if you wish to.
• 1:44
  You can also follow civicoutlaws.com forward slash
• 1:47
  podcast.
• 1:48
  We have some mainly Missouri-focused government overreach
• 1:55
  BS because I happen to be the director
• 1:58
  of a charity by the name of Civic
• 2:01
  Outlaws, which is a 501c3 and our 501c6
• 2:08
  is a lobbying organization called Missouri Licensing Advocacy
• 2:14
  Group, MOLAG, M-O-L-A-G, and
• 2:19
  our members are quite active in pushing back
• 2:23
  against state overreach.
• 2:27
  The licensing goes toward any licensing attack by
• 2:32
  the state of Missouri attack crowd, which is
• 2:36
  prevalent in the liquor control and the attorney
• 2:39
  general's office, and we talk about that on
• 2:43
  our Friday program.
• 2:46
  Today, however, remember when you used to have
• 2:51
  to speak into your little recording device?
• 2:55
  I had one that would record.
• 2:56
  Remember when MP3 was first coming out and
• 2:59
  everybody was buying these little MP3 players?
• 3:01
  Oh my God, I don't have to carry
• 3:03
  around four CDs or eight CDs or whatever
• 3:06
  it is with my disc man.
• 3:09
  I don't need a disc man.
• 3:10
  I can get an MP3 player.
• 3:12
  And if you're biking down the trail, you
• 3:14
  could have these MP3s.
• 3:15
  And so you could create MP3 of all
• 3:20
  of your stuff.
• 3:21
  And if you're driving down the road, well,
• 3:23
  like when I went to law school, I
• 3:26
  had a full-time job in downtown Dallas
• 3:31
  and I lived in a little place called
• 3:33
  Cedar Hill, which is 30 miles every morning
• 3:36
  in traffic downtown to Dallas.
• 3:40
  Then at night from six to 10 PM,
• 3:43
  four nights a week, I would go across
• 3:46
  from Dallas to Fort Worth, another 30, 31,
• 3:51
  32, 33 miles, go to school at 10
• 3:55
  PM.
• 3:56
  I would drive an hour back home and
• 3:59
  40 minutes back home, 30 miles.
• 4:02
  How do you like that?
• 4:03
  A big triangle every single day, about a
• 4:06
  hundred miles a day on my little S10
• 4:08
  pickup, which I loved.
• 4:11
  Drove through a F5 tornado then, which hit
• 4:17
  downtown Fort Worth whilst I was in school.
• 4:20
  That was pretty damn cool.
• 4:21
  We're all in the basement and I'm like,
• 4:22
  I'm out.
• 4:23
  I can beat this.
• 4:24
  I couldn't beat it.
• 4:26
  Anyway, that's not the story of today.
• 4:28
  Today, we're just a few reminiscences of Texas
• 4:32
  and the beauty of living in the metropolitan
• 4:35
  area of Dallas, Fort Worth.
• 4:37
  Beautiful area, loved it.
• 4:39
  Being an HR director for a company called
• 4:42
  SGL Carbon, which filed bankruptcy.
• 4:50
  I think they're still around though.
• 4:52
  Huge German company with an office.
• 4:55
  We had probably 10,000 US employees.
• 4:59
  Anyway, I was the HR director for two
• 5:01
  plants in Dallas while attending law school.
• 5:04
  It was rather entertaining and I had a
• 5:06
  good time.
• 5:07
  At any rate, here we are today, many,
• 5:10
  many years later, talking about Vladimir Vladimirovich Putin
• 5:16
  and his appearance at SPIEF, which is
• 5:26
  the St. Petersburg International Economic Forum.
• 5:36
  And that is news.
• 5:40
  And if you don't know about this news,
• 5:42
  I'm going to share it with you.
• 5:44
  It's pretty funny because I had some AI
• 5:48
  go through it and it came back in
• 5:51
  Russian.
• 5:52
  But that probably wouldn't
• 6:02
  sound well, so I had them translate it
• 6:05
  to say this version of the song, which
• 6:07
  came out in approximately...
• 6:09
  well, the clip anyway.
• 6:10
  And the new clip came out in 2023.
• 6:15
  And in the sources, it is said that
• 6:18
  the music is Vladimir Genov.
• 6:20
  And the words were written by Ruslan Astashka
• 6:24
  and Magomed Norbogandov.
• 6:28
  And so there's some very good...
• 6:30
  this song.
• 6:30
  So this song I wish to play for
• 6:32
  you, which is really pretty funny because you
• 6:35
  can't find it.
• 6:36
  They listed three or four for me.
• 6:38
  And in Western versions and on YouTube, you
• 6:41
  cannot find that song.
• 6:43
  Now, I believe I was able to find
• 6:46
  it on Telegram.
• 6:47
  And so for the second song today, I
• 6:49
  believe I'm going to play it for you.
• 6:50
  But you want to talk about propaganda, okay?
• 6:53
  Let's talk about the limiting of freaking music,
• 6:58
  okay?
• 6:59
  You can't play the song because the song,
• 7:03
  part of the words, and Putin used them.
• 7:06
  And I believe he did it intentionally.
• 7:08
  He didn't say, hey, this is the song
• 7:10
  I'm thinking of.
• 7:12
  But he did list it when he was
• 7:15
  speaking at the Economic Forum.
• 7:17
  So I'll walk you through that.
• 7:20
  I have enough materials over the weekend I
• 7:22
  watched.
• 7:23
  So I'm going to share with you.
• 7:26
  We may get to it today, but I
• 7:27
  kind of doubt it.
• 7:28
  We have some full questioning from the old
• 7:31
  Vladimir Vladimirovich.
• 7:33
  And I think we're going to be able
• 7:37
  to go through some of those questions and
• 7:41
  see what he talked about.
• 7:45
  And we also have for Maria Zakharova gave
• 7:53
  a, oh geez, a three and a half
• 7:57
  hour appearance for the, she gives one every
• 8:05
  week.
• 8:06
  And I was, what was I doing?
• 8:10
  Oh, I remember, I had a long day
• 8:12
  on Saturday.
• 8:14
  I finally bought a freaking lawnmower.
• 8:17
  I didn't say FN, I said freaking lawnmower.
• 8:21
  And I, because I made some mistakes with
• 8:25
  that this year and I bought a lawnmower
• 8:27
  and I swear it was horrific.
• 8:30
  I had two ticks on me by the
• 8:32
  end of the, you know, one of them
• 8:33
  left a nice little bump on the back
• 8:35
  of my neck.
• 8:36
  You know, I found him that night in
• 8:38
  the other one.
• 8:39
  I found the next freaking day after two
• 8:41
  showers.
• 8:42
  The little ass was still climbing on me
• 8:44
  and he had to have been in my
• 8:46
  hair, which I had washed twice.
• 8:48
  And that little sucker was still in there.
• 8:51
  So we're in.
• 8:52
  Maybe I should get a flea and tick
• 8:54
  collar for myself and wear it while mowing
• 8:56
  the grass or not let the grass get
• 8:59
  so damn long.
• 9:01
  But something really, really cool happened whilst mowing
• 9:03
  the grass as well.
• 9:04
  And I'm deferring from my thing here a
• 9:07
  little bit.
• 9:08
  But I listened during that six hour destruction
• 9:11
  of the yard waste, which still isn't enough.
• 9:17
  I listened to, in my earphones, SPIEF, the
• 9:21
  St. Petersburg International Economic Forum.
• 9:24
  All of the appearances of it was introduced
• 9:28
  by Vladimir Putin.
• 9:30
  The master of ceremonies is, at least for
• 9:33
  this opening portion, was from India.
• 9:36
  There was a company from India.
• 9:38
  They said that 130 countries were represented.
• 9:42
  This is huge, by the way.
• 9:45
  And this is the one where and we're
• 9:47
  going to get to Scott Ritter later in
• 9:49
  the week, maybe today.
• 9:50
  But Scott Ritter appeared there.
• 9:53
  And this is the same economic forum that
• 9:57
  he was trying to get to in 2024.
• 10:01
  And think about this.
• 10:02
  It's the same time every freaking year or
• 10:05
  every other year.
• 10:06
  I think it's every year.
• 10:07
  But because last year I gave you some
• 10:10
  quotes from another guy and Scott didn't get
• 10:12
  his passport yet back.
• 10:13
  And then I interviewed Scott last August and
• 10:15
  he had gotten his passport back.
• 10:17
  He said he had just gotten it the
• 10:19
  day before I interviewed him.
• 10:20
  And he was telling me about how it
• 10:23
  got taken away and what really happened and
• 10:25
  what a scam it was, because he reported
• 10:29
  when he tried to get a new one.
• 10:30
  You can go back and listen to that
• 10:32
  audio or video of mine on my YouTube
• 10:34
  channel.
• 10:35
  You can go out and find that video
• 10:37
  of me and Scott doing the interview.
• 10:39
  And he said that they got onto the
• 10:42
  airplane and escorted him off and then nothing
• 10:45
  happened.
• 10:46
  They only did it to prevent him from
• 10:48
  going to this St. Petersburg International Economic Forum.
• 10:52
  I would love to go to this and
• 10:54
  I and I'm going to St. Petersburg over
• 10:56
  Christmas this year.
• 10:57
  I talked about it last year.
• 10:59
  This year I'm freaking going and I have
• 11:01
  a person who says they're going to go
• 11:02
  with me.
• 11:03
  We shall see.
• 11:05
  But I'm definitely going and I think I'm
• 11:07
  going by myself and I'm going to spend
• 11:09
  I've always wanted to spend Christmas in Russia
• 11:12
  and I'm going to try to arrange some
• 11:14
  things.
• 11:15
  And I want to I've always want to
• 11:16
  spend see the Christmas season as Russians experience
• 11:20
  it in St. Petersburg specifically.
• 11:24
  And then I'll probably take a train down
• 11:26
  to Moscow, too, and visit there for a
• 11:28
  few days.
• 11:29
  But most of my time over Christmas, I
• 11:32
  wish to spend in St. Petersburg.
• 11:36
  Anyway, this forum goes every year and is
• 11:39
  very, very important for the rest of the
• 11:42
  world.
• 11:42
  And there's very few people.
• 11:44
  There was an American guy who got up
• 11:45
  and spoke, which was pretty cool.
• 11:48
  So during the opening of Vistuplenia, the part
• 11:50
  where they introduced the whole forum and what
• 11:55
  it's going to be, Vladimir Vladimirovich opened the
• 11:57
  show, right?
• 11:58
  And Vladimir Putin outlined specifically what was going
• 12:05
  on.
• 12:06
  And I'm going to, at some point, provide
• 12:09
  for you a direct translation of his opening
• 12:15
  statement.
• 12:17
  And I think because it was so important.
• 12:23
  Hang on a second.
• 12:25
  I have to look it up first in
• 12:28
  English.
• 12:28
  I wish if anybody could find one, it
• 12:32
  would be on YouTube and it'd be in
• 12:36
  English and it'd be crap.
• 12:41
  And so I want to tell you exactly
• 12:44
  what he said.
• 12:46
  And I have it.
• 12:46
  I just got to locate it in the
• 12:49
  proper way and put what he said.
• 12:52
  But the important part was, so the format
• 12:54
  of this thing is they have a huge
• 12:56
  hall and it's, you know, he spoke for
• 13:02
  whatever, 10, 15 minutes.
• 13:04
  And then the way the forum type works
• 13:06
  is they have an opening thing and then
• 13:08
  they break it off into a, I don't
• 13:14
  know, it's plenary.
• 13:15
  They have a plenary session, they have the
• 13:16
  out sessions, and then they have meeting rooms
• 13:19
  all over the place, you know, like any
• 13:21
  other forum.
• 13:22
  You know, if you go here at the
• 13:24
  Lake of the Ozarks, you go to the,
• 13:25
  and they're coming up pretty soon, your legal
• 13:28
  events come up, you know, your legal conferences
• 13:36
  are always here.
• 13:38
  And lots of conferences are here.
• 13:39
  You go to a hotel, you have several,
• 13:41
  you have the opening session where thousands of
• 13:44
  people get together.
• 13:45
  Well, here hundreds, but St. Petersburg, the opening
• 13:47
  hall had to have been seating four or
• 13:50
  5,000 people.
• 13:51
  It's a big deal.
• 13:53
  And from all over the country.
• 13:55
  And the reason it's important is because of
• 13:59
  what I talk about here on this show
• 14:01
  fairly regularly.
• 14:03
  The world's changing.
• 14:05
  Whether you like it or don't like it
• 14:07
  really doesn't matter.
• 14:08
  Whether you think it's wrong or right, or
• 14:10
  whether you think hegemony is dead or it's
• 14:13
  not, it's not really the important part.
• 14:16
  The important part is whatever you think, the
• 14:20
  world's changing anyway.
• 14:22
  And it's changing fast.
• 14:24
  Friends and neighbors.
• 14:26
  And Vladimir Putin points that out.
• 14:29
  And Vladimir Putin, whatever you think of him,
• 14:33
  the guy is smart and he's been on
• 14:35
  a path since at least 2007 and probably
• 14:42
  before that.
• 14:44
  But it really became apparent and he openly
• 14:48
  discussed it at the Munich Security Conference in
• 14:54
  2007 with Cheney.
• 14:57
  And there are a couple other goofballs there.
• 15:03
  Cheney was there.
• 15:05
  And the guy who flew around, well, I
• 15:07
  can't remember.
• 15:07
  Anyway, a bunch of people, US people and
• 15:10
  hegemony, and they're used to wandering around the
• 15:12
  planet and telling people what to do.
• 15:15
  And that's, you know, that's what we do.
• 15:18
  We're America.
• 15:19
  We wander around.
• 15:20
  We tell people what to do.
• 15:21
  And he told them then it's changing and
• 15:25
  they've been pushing it ever since.
• 15:26
  But it's a long freaking process.
• 15:30
  And so I thought that it would be,
• 15:32
  because nobody ever does it, to tell you
• 15:35
  the point of view of the world from
• 15:37
  Vladimir Vladimirovich and talk about it from his
• 15:41
  notes.
• 15:42
  It's a little bit long.
• 15:43
  It was a 10 to 15 minute.
• 15:44
  But I'm going to tell you what he
• 15:47
  said.
• 15:47
  And I think that it'll be enlightening for
• 15:51
  you because nobody takes the words directly from
• 15:54
  this guy.
• 15:55
  They just spout off over here.
• 15:58
  Oh, geez, all that propaganda, you bunch of
• 16:01
  Russian puppets, you know, but but they don't
• 16:04
  listen.
• 16:06
  And over here, nobody listens.
• 16:08
  In fact, they don't even put it out.
• 16:10
  It's a war of propaganda.
• 16:11
  And don't think that Putin doesn't have his
• 16:14
  own propaganda to.
• 16:15
  So you have to take everything.
• 16:18
  But.
• 16:20
  This is going to sound harsh, but he's
• 16:22
  far more realistic.
• 16:24
  Afterward, he gave after this thing.
• 16:26
  So later in the day, he gave with,
• 16:29
  again, the Indian moderator woman, an individual event.
• 16:34
  Where he spent another.
• 16:37
  Two and a half hours in an interview,
• 16:40
  and I listened to that every word of
• 16:42
  it and listened to the interview that she
• 16:45
  gave to him.
• 16:46
  And I have plenty of the.
• 16:48
  Quotes from those questions that were asked and
• 16:53
  everything that came from it.
• 16:57
  And.
• 16:58
  I think I'm going to share with you.
• 17:04
  Hang on a second, got one more thing
• 17:06
  to do.
• 17:07
  And.
• 17:11
  When he was being interviewed.
• 17:18
  He was talking about the change in the
• 17:20
  world that is going on, whether people like
• 17:23
  it or not.
• 17:25
  So let us begin, because I have the
• 17:27
  entire thing now.
• 17:28
  I wanted to make sure it was all
• 17:30
  there.
• 17:30
  And it appears that it is.
• 17:33
  And it's an interesting speech that he gave.
• 17:39
  And I verified this translation yesterday when I
• 17:42
  went through it and made sure that it
• 17:45
  was in good shape.
• 17:46
  But on Saturday, when I listened to it,
• 17:48
  I was like, man, I can't believe that
• 17:51
  people in America really are not provided a
• 17:57
  source for this information.
• 18:00
  Instead, they're told things like the only important
• 18:03
  thing over here in the West that you
• 18:05
  heard about the St. Petersburg International Economic Forum
• 18:08
  is that Zelensky was bombing it with drones
• 18:13
  coming through Finland and through the Estonia, Latvia,
• 18:16
  Lithuania to hit St. Petersburg directly.
• 18:21
  And you hear that Zelensky published an open
• 18:26
  letter.
• 18:27
  And I'm going to share with you that
• 18:29
  open letter as well, because it's important, you
• 18:35
  know, what Zelensky said.
• 18:37
  That guy is an idiot, in my humble
• 18:40
  opinion.
• 18:42
  And he is living in a dream world.
• 18:48
  It's just people are sharing this.
• 18:52
  And basically he's saying it's 1,800 words.
• 18:57
  It's the entire letter that Zelensky puts out.
• 19:01
  BBC is all over it.
• 19:03
  And there were comments on what Putin said
• 19:08
  after this letter.
• 19:11
  And what I can't find is, and they
• 19:13
  won't send it to you, this open letter.
• 19:16
  But you can get summaries of it everywhere.
• 19:18
  But you can find it on Telegram.
• 19:21
  And I did have a copy, but now
• 19:23
  it's gone.
• 19:24
  So they're getting rid of the whole letter.
• 19:27
  And here we go.
• 19:28
  Here's a open letter to the president from
• 19:31
  Zelensky.
• 19:34
  Well, yeah, but it's only the news.
• 19:37
  Here it is.
• 19:38
  Here we go.
• 19:45
  Well, is it long enough?
• 19:47
  It's a longer, it's a long, there it
• 19:50
  is.
• 19:51
  Slava Ukraini.
• 19:52
  It ends at the end.
• 19:52
  Okay.
• 19:53
  So I found the English translation on the
• 19:55
  president's website, president of Ukraine.
• 19:59
  He did have it in English.
• 20:00
  I couldn't find it earlier.
• 20:02
  And so against the backdrop of this economic
• 20:06
  forum, they had to do something propaganda-wise
• 20:10
  to make this a big deal.
• 20:13
  He bombed all over Russia.
• 20:16
  The only thing the Ukrainians have left, okay,
• 20:19
  war is changing.
• 20:20
  They're losing badly on the front line, but
• 20:24
  war itself is changing.
• 20:26
  America doesn't need millions of soldiers anymore, except
• 20:30
  to, you could, with 200,000 or 200
• 20:35
  ,000 to drone people, you could just go
• 20:39
  blow crap up all day long, every day.
• 20:41
  This is all that Ukraine has left.
• 20:44
  Okay.
• 20:44
  But they're steadily losing ground on the front.
• 20:50
  Sersky himself has been sent to, what's the
• 20:55
  name of that town?
• 20:58
  I can't remember.
• 21:00
  Ivanovka.
• 21:01
  I can't, well, it doesn't matter.
• 21:02
  It's in the Eastern half.
• 21:04
  And if they lose that city, it's, you
• 21:09
  know, turn off the freaking lights.
• 21:10
  Now that's not really true.
• 21:12
  It depends on if Russia is going to
• 21:14
  head into Odessa through Zaporizhia and all of
• 21:17
  that, they have to finish Zaporizhia.
• 21:19
  But virtually all of Donetsk, I might have
• 21:23
  that reversed, virtually all of Lugansk is held
• 21:25
  now by the Russians.
• 21:27
  And Donetsk, there's, it's literally maybe the Ukrainians
• 21:32
  are holding 10, 12% of that.
• 21:34
  And Sersky's gone over, I might have that
• 21:36
  reversed, but Sersky went over to personally frame
• 21:42
  it.
• 21:42
  And the communications you're getting from everywhere else
• 21:45
  is they're going to lose it.
• 21:47
  So they're losing badly on the front is
• 21:50
  all I'm saying.
• 21:51
  And the Russians have gained seriously.
• 21:54
  They're in the Sumy region.
• 21:55
  If they finish these three little pockets of
• 21:59
  Ukrainian resistance in the northern Sumy area with
• 22:03
  three little small towns that are in there,
• 22:07
  which they're losing, the Ukrainians are losing badly
• 22:09
  there, then it's nothing but open fields and
• 22:12
  forests all the way south to the connection
• 22:15
  to where they are in Zaporizhia.
• 22:18
  You know, it's getting worse and worse and
• 22:21
  worse.
• 22:21
  Infrastructure, Russia's targeting trucks on the road, you
• 22:26
  know, especially tanker trucks, because that's what Ukraine's
• 22:28
  doing to them.
• 22:29
  They're targeting infrastructure such as power and energy
• 22:33
  and oil and refining and ability to get
• 22:37
  places.
• 22:38
  Gas stations are being blown up regularly.
• 22:43
  Over the last two weeks, Russia has whatever
• 22:45
  the number is, 48, 50 gas stations.
• 22:48
  And Ukraine's doing the same thing in the
• 22:50
  other direction.
• 22:51
  And Russia is answering with these exact same
• 22:55
  strikes.
• 22:56
  They're mirroring what the Ukrainians are doing, because
• 22:59
  all the Ukrainians have left because they're losing
• 23:03
  and have been losing on the front.
• 23:06
  Now, they both got manning problems, but Ukraine's
• 23:09
  are 10 times worse.
• 23:11
  And the Russians, this is a new development.
• 23:14
  They've hit the end of the patriotic people
• 23:17
  joining, and that's not so much anymore.
• 23:20
  They're still patriotic, and they still have these
• 23:23
  huge bonuses.
• 23:24
  But my bonus information is from last fall
• 23:27
  when I was over in Moscow and saw
• 23:30
  the signs everywhere where they were given 8
• 23:32
  million rubles.
• 23:35
  Probably, what would that equate to?
• 23:38
  At the time, that would equate to $60
• 23:44
  ,000, $80,000, somewhere in there.
• 23:47
  And so, whatever it is, it's a good
• 23:50
  chunk of money, because you can buy an
• 23:52
  apartment for that somewhere.
• 23:54
  And you can get a nice apartment for
• 23:56
  that.
• 23:57
  And you might even be able to get
• 23:58
  a Moscow small flat for that.
• 24:01
  You know what I mean?
• 24:02
  And not very good condition, not in the
• 24:05
  newer, richer areas.
• 24:06
  Definitely, those are about three times that, or
• 24:09
  five times that.
• 24:11
  They're $300,000.
• 24:14
  You can get a pretty tasty one over
• 24:17
  there.
• 24:17
  And at any rate, Zelensky writes this open
• 24:23
  letter to Vladimir Vladimirovich.
• 24:28
  And I'm not positive I want to share
• 24:30
  the whole thing with you, but in order
• 24:31
  to fully understand Putin's response, you've got to
• 24:35
  hear this letter.
• 24:36
  And so, I'm going to share it with
• 24:38
  you.
• 24:39
  We'll get to song one in this diatribe
• 24:45
  of mine, informing you as to what's going
• 24:47
  on in the world.
• 24:48
  And then we'll come back and talk about
• 24:50
  Vladimir Vladimirovich, okay?
• 24:52
  This is sort of a long letter.
• 24:54
  It's an open letter to the President of
• 24:56
  the Russian Federation from the President of Ukraine.
• 24:59
  Now, my history tells me Zelensky himself outlawed
• 25:05
  the ability of anyone to negotiate with Russia
• 25:08
  on behalf of Ukraine, including himself, okay?
• 25:12
  So, he can't go meet with Putin.
• 25:14
  They can't have meetings because he's outlawed it.
• 25:17
  He's been in power two years longer than
• 25:20
  he's supposed to be as a dictator, and
• 25:23
  nobody talks about it except Vladimir Vladimirovich and
• 25:28
  me.
• 25:28
  No, I'm kidding about the me part, but
• 25:30
  there are other people talking about it.
• 25:33
  But this guy has stolen power.
• 25:36
  The Ukrainians do not want to fight.
• 25:39
  Busification is real, okay?
• 25:42
  And busification is the art of pounding the
• 25:47
  crap out of people you find on the
• 25:48
  street and putting them into power.
• 25:52
  Vladimir Putin talks about this in his speech.
• 25:54
  So, let's hear their own words, the opening
• 25:56
  salvo of this fight whilst they are bombing
• 26:00
  and scaring international people at the St. Petersburg
• 26:04
  International Economic Forum with 150 to 250 drones
• 26:09
  attacking the city of St. Petersburg through the
• 26:13
  Finland territories, Latvia.
• 26:17
  Well, I'm not sure that Finland was involved,
• 26:19
  but all the surrounding countries are allowing Ukraine
• 26:24
  to fly over their territories with these drones
• 26:27
  so it's a shorter distance because they can't
• 26:29
  fly south from Ukraine.
• 26:31
  And so, they're allowing this.
• 26:32
  They're opening it.
• 26:32
  This is open war, right, on all sides.
• 26:36
  So, here comes the letter, finally, to President
• 26:41
  of the Russian Federation.
• 26:42
  Doesn't even name his name.
• 26:43
  When you came to power in Russia more
• 26:46
  than 26 years ago, many people in Ukraine
• 26:49
  viewed you positively.
• 26:50
  That is how it was, but that is
• 26:52
  now in the past.
• 26:53
  Now, the overwhelming majority of Ukrainians view positively
• 26:57
  that our long-range drones paid a visit
• 27:00
  to the opening of your forum in St.
• 27:03
  Petersburg, covering a distance of more than a
• 27:05
  thousand kilometers.
• 27:06
  As you know very well, that distance is
• 27:09
  not the limit of our capabilities.
• 27:12
  So, he opens a letter basically with a
• 27:14
  gloating, threatening behavior.
• 27:18
  I mean, he's telling the world we're winning
• 27:21
  and he's not winning, okay.
• 27:23
  He might have some positive things to report,
• 27:25
  but they are not winning.
• 27:27
  This guy is lying and selling stuff to
• 27:30
  Europe and the U.S., okay.
• 27:32
  For 26 years, your time in power has
• 27:35
  completely changed the agenda of relations between Ukraine
• 27:38
  and Russia.
• 27:39
  Well, from discussions about trade and other civilian
• 27:43
  matters, our nations have moved to talking almost
• 27:46
  exclusively about strikes and losses.
• 27:50
  You spent nearly half of your 26 years
• 27:52
  in power in Russia, waging war against Ukraine.
• 27:57
  Now, where's the basis for that?
• 27:58
  I'd love to see it.
• 27:59
  Whatever you may say about NATO, geopolitics, or
• 28:02
  the Russian language, this war is your personal
• 28:05
  choice.
• 28:06
  A war without a real cause, that is
• 28:09
  how history will remember it.
• 28:12
  Not sure I agree with that.
• 28:14
  Those years could have been very different.
• 28:16
  We often hear that you are comfortable with
• 28:19
  this war.
• 28:20
  Of course, not in those cases when it
• 28:22
  comes to the security of your residence in
• 28:24
  Valdai or your parade in Moscow, because they
• 28:28
  bombed those too.
• 28:30
  They're like gnats on a horse.
• 28:33
  Or horse flies on a horse, I suppose,
• 28:36
  would be a better metaphorical example.
• 28:38
  Your own life is valuable to you.
• 28:41
  But now, we can all see that Russians
• 28:43
  are finally becoming less comfortable with this reality,
• 28:47
  with the fact that the war is bringing
• 28:48
  more and more negative consequences to Russia.
• 28:52
  They do not like our drones and missiles.
• 28:54
  They do not like gasoline shortages and constantly
• 28:57
  rising prices.
• 28:59
  They do not like constant restrictions.
• 29:01
  They do not like your intention to launch
• 29:03
  a second wave of mobilization.
• 29:06
  The first wave occurred in 2022, but not
• 29:08
  since.
• 29:10
  And expand the war into another direction in
• 29:11
  Ukraine, or use it against other countries neighboring
• 29:15
  Russia.
• 29:16
  Now, that is completely baseless accusation.
• 29:20
  That part, okay?
• 29:22
  The neighbor, the other countries.
• 29:25
  In fact, they're provoking Russia.
• 29:28
  They're continuing, you know, they're doing the same.
• 29:30
  They do not like the fact that the
• 29:32
  people of Russia, that there is no end
• 29:34
  in sight to your war.
• 29:35
  Yes, you can still force Russians to exist
• 29:38
  this way, but your resources are shrinking significantly.
• 29:42
  This is a desperate man, okay?
• 29:45
  He is desperate.
• 29:47
  You will not have enough money or political
• 29:49
  capital to keep buying the loyalty of Russians
• 29:52
  the way you have for the last 26
• 29:54
  years.
• 29:55
  And we will do everything we can to
• 29:57
  ensure that the world helps bring that moment
• 29:59
  closer.
• 30:00
  As you yourself like to say, we need
• 30:03
  to run the numbers.
• 30:05
  Yesterday, I received a report of the loss
• 30:08
  of your army on the front in Ukraine
• 30:10
  during May.
• 30:11
  Once again, the number exceeds 30,000 Russian
• 30:14
  soldiers killed and seriously wounded.
• 30:16
  We've been maintaining that level month after month.
• 30:19
  We have video confirmation of every one of
• 30:23
  your losses.
• 30:25
  You think?
• 30:26
  These are not empty claims.
• 30:29
  We know that 63% of your battlefield
• 30:31
  losses are killed and only 37% are
• 30:35
  wounded.
• 30:35
  In the 21st century, no army can afford
• 30:38
  such a ratio, and the share of those
• 30:40
  killed will continue to grow.
• 30:42
  It is not as if we in Ukraine
• 30:44
  are concerned about the fate of Russian soldiers
• 30:47
  after everything your war has brought to our
• 30:51
  country.
• 30:52
  But I do care about Ukrainians.
• 30:54
  I dispute that.
• 30:57
  We are losing our people and every loss
• 30:59
  is painful to us, even when the ratio
• 31:02
  of Ukraine.
• 31:02
  This is here comes the biggest lie of
• 31:04
  them all.
• 31:05
  Even when the ratio of Ukrainian losses to
• 31:07
  Russian losses is five or or five or
• 31:11
  one to he means is one to five
• 31:15
  or one to six.
• 31:16
  It still matters greatly.
• 31:17
  Now, that is a complete lie.
• 31:23
  He cannot he doesn't have anybody left.
• 31:26
  And so remember that when we get to
• 31:28
  Putin's response here later, it also matters that
• 31:31
  you're regularly postponed every few months, your own
• 31:34
  deadlines for capturing our regions, especially Donetsk, and
• 31:38
  you will not capture it this year either.
• 31:41
  But we in Ukraine do not want a
• 31:44
  permanent war.
• 31:45
  We know very well that life without war
• 31:47
  is infinitely better.
• 31:48
  And we want to achieve that.
• 31:50
  I am convinced that the majority of Russians
• 31:52
  would respond positively to this as well.
• 31:55
  And you know it.
• 31:57
  Many did not believe Ukraine would be able
• 31:59
  to hold out for so long.
• 32:00
  You did not believe it.
• 32:01
  And those who advised you did not believe
• 32:03
  it either.
• 32:04
  That is a mistake.
• 32:05
  You did not expect full scale resistance from
• 32:08
  Ukraine and you did not foresee that things
• 32:10
  would go this far.
• 32:11
  Yet here we all are in the fifth
• 32:13
  wheel war year of this full scale war.
• 32:15
  Do not be afraid to take the path
• 32:18
  out of this war.
• 32:20
  That is the path out of this war.
• 32:23
  That is the main thing that is required
• 32:25
  of you now.
• 32:26
  Ukraine has preserved its independence.
• 32:29
  This war was not about Ukrainian independence.
• 32:31
  So I don't understand why that's there anyway.
• 32:33
  And it will preserve it despite all predictions
• 32:36
  to the contrary.
• 32:38
  Many have united around the world to stand
• 32:41
  with Ukraine and against you.
• 32:42
  We found the weapons and financing we need.
• 32:45
  We receive support.
• 32:47
  You receive sanctions.
• 32:48
  And this will continue until there is justice
• 32:51
  for Ukraine.
• 32:52
  The justice we seek and the justice that
• 32:54
  can be achieved.
• 32:56
  We will not allow those who are trying
• 32:57
  to convince you that sanctions against Russia will
• 33:00
  be significantly eased and that support for Ukraine
• 33:03
  will be significantly reduced without any meaningful change
• 33:07
  in your position toward Ukraine to succeed.
• 33:10
  The example of Orban shows how those who
• 33:13
  choose to help Russia in this war against
• 33:15
  us end in disgrace.
• 33:18
  Ukraine has endured harsh winters while you tried
• 33:20
  to destroy our energy system.
• 33:22
  We held firm and even in darkness the
• 33:24
  resilience of Ukrainians remains intact.
• 33:27
  We brought the war onto your territory and
• 33:31
  you would not have been able to cope
• 33:33
  with it without North Korea's help.
• 33:35
  He's talking about you are the first ruler
• 33:38
  of Russia to turn to Pyongyang for assistance.
• 33:42
  And today you are fully dependent on China.
• 33:45
  Also for the first time in Russian history.
• 33:47
  I don't know where he's talking about this.
• 33:48
  So these are complete fabrications there.
• 33:52
  You believed Ukrainians would not have the strength
• 33:55
  to defend themselves.
• 33:56
  Yet today our people are helping our partners
• 33:59
  in the Middle East and the Gulf build
• 34:01
  their own defenses.
• 34:03
  I don't know what he's talking about there.
• 34:05
  You send over a couple hundred guys and
• 34:07
  suddenly you're the reason for the Middle East
• 34:10
  and the Gulf building their own defense.
• 34:12
  You hoped for internal unrest in Ukraine.
• 34:15
  Actually that it's pretty funny because I've been
• 34:17
  studying narcissism lately because I got some examples
• 34:21
  of it and they always accuse you of
• 34:23
  what they're guilty of.
• 34:25
  It's pretty damn funny.
• 34:26
  And here he is.
• 34:27
  You hoped for eternal unrest in Ukraine.
• 34:30
  Internal and eternal.
• 34:33
  But instead it was your own military formations
• 34:35
  that staged a mutiny against you.
• 34:38
  June 23rd will mark another anniversary of that
• 34:41
  event and silence will not erase this fact
• 34:44
  from history.
• 34:45
  And now it is you whom your own
• 34:47
  officials, businessmen, and propaganda look at with obvious
• 34:51
  fatigue.
• 34:51
  The world can see it.
• 34:53
  The world has not grown tired of Ukraine.
• 34:56
  I have been very tired of Ukraine and
• 34:58
  you as you long hoped it would.
• 35:00
  But there is growing fatigue with Russia, even
• 35:03
  among those in the wider world who help
• 35:05
  you bypass sanction and keep your economy afloat.
• 35:08
  You cannot fail to notice it.
• 35:09
  After 26 years in power, age is beginning
• 35:11
  to take its toll and with time the
• 35:13
  fatigue with you will only grow.
• 35:15
  We've seen intelligence reports showing you are now
• 35:18
  considering plans to continue the war into 2027
• 35:22
  and 2028.
• 35:23
  We also know you hope ballistic missiles will
• 35:25
  achieve for you what everything else has failed
• 35:27
  to achieve.
• 35:28
  You want to draw Belarus even deeper into
• 35:30
  this war and we are now forced to
• 35:32
  prepare for that as well.
• 35:33
  Actually it's the opposite as well.
• 35:35
  We see you're trying to orchestrate something around
• 35:38
  Transnistria.
• 35:39
  Also opposite.
• 35:40
  Your propaganda is threatened in one way or
• 35:42
  another every country neighboring Russia.
• 35:44
  Do you really want to go through all
• 35:46
  of this?
• 35:46
  The choice is war is yours now.
• 35:49
  Enough of war.
• 35:50
  Ukraine proposes to end this war.
• 35:52
  Must be done honestly with dignity and with
• 35:55
  guarantees the war will not be reignited.
• 35:58
  We see the United States is fully focused
• 36:00
  on the issue with Iran and it would
• 36:02
  be wrong to simply wait until war within
• 36:04
  Europe returns to the center of its attention.
• 36:08
  Fairies punch in the U.S. in the
• 36:10
  nose too.
• 36:11
  Ukraine proposes ending this war through direct engagement
• 36:14
  between us and you.
• 36:17
  I am proposing a meeting.
• 36:19
  Well then why make all these accusations before
• 36:21
  you proposed a meeting?
• 36:23
  Everyone heard your representative smiling say that I
• 36:26
  could supposedly come to Moscow.
• 36:28
  Why can't he come to Moscow?
• 36:30
  But after these 26 years there is nothing
• 36:33
  for a Ukrainian leader to do in your
• 36:35
  capital just as there is nothing for a
• 36:38
  leader to do in Kiev.
• 36:40
  There are countries that have traditionally hosted leaders
• 36:42
  to resolve issues of war and peace.
• 36:45
  Switzerland, Turkey, countries of the Arab world.
• 36:48
  Many are able and willing to host such
• 36:50
  a meeting.
• 36:51
  It is leaders who resolve key issues that
• 36:54
  has always been the case and it always
• 36:55
  will be.
• 36:56
  I propose to set a clear date for
• 36:58
  such a meeting.
• 36:59
  We've heard that you were promised in Alaska
• 37:02
  the resolution of certain issues concerning Ukraine in
• 37:05
  Europe but you can see for yourself that
• 37:09
  Ukrainian and European issues are not decided in
• 37:12
  Anchorage.
• 37:14
  Okay now this is globalism right here.
• 37:17
  Okay this is Europeans pushing back against the
• 37:20
  United States and many in the United States
• 37:23
  are jumping right back in.
• 37:25
  Marco Rubio key among them.
• 37:27
  Other agreed participant here's continuing the other agreed
• 37:31
  participants could join the bilateral attack to be
• 37:34
  established between us.
• 37:36
  Since the war is taking place in Europe
• 37:38
  and since Ukraine needs security guarantees why if
• 37:43
  you can defend yourself if you're so powerful
• 37:45
  that you can defend yourself why do you
• 37:48
  need a security guarantee?
• 37:49
  While you also seek security guarantees it would
• 37:52
  be logical to involve those who can generally
• 37:54
  serve as guarantors.
• 37:56
  Russia tried that already through the Minsk agreements
• 37:58
  and you only did them to fully rearm.
• 38:01
  You thought the opposite a-hole.
• 38:04
  We believe the United States must be part
• 38:07
  of the process.
• 38:08
  This is what could help shape a new
• 38:10
  security architecture for our part of the world.
• 38:14
  We have already experienced many agreements with Russia
• 38:16
  including Minsk agreements that ultimately failed.
• 38:20
  They failed because you and the liars from
• 38:23
  Germany and France never intended them to succeed
• 38:27
  and never in fact you were lying when
• 38:30
  you put them together and all you were
• 38:32
  doing was looking for time to stop Russia.
• 38:34
  That's that's a historic fact that's not opinion.
• 38:38
  That is why we must first find direct
• 38:40
  answers between us to the questions that remain
• 38:43
  and not hide from difficult issues behind formulas
• 38:46
  technical working groups or endless time in shuttle
• 38:49
  diplomacy.
• 38:50
  Your war has permanently set Ukraine and Russia
• 38:53
  apart.
• 38:54
  The front line today is the line from
• 38:56
  which diplomacy must begin.
• 38:58
  Ukraine is ready for a full cease fire
• 39:01
  for the duration of the negotiations.
• 39:03
  No he needs he needs to stop the
• 39:06
  blood.
• 39:07
  This is standard practice and current developments around
• 39:10
  Iran only reinforce that point.
• 39:13
  An attempt to establish real silence is the
• 39:15
  best way to begin talking to one another.
• 39:17
  We believe it would not simply be an
• 39:19
  attempt but a real cease fire if that
• 39:21
  is what you want.
• 39:23
  You know the United States has the capability
• 39:25
  to monitor a cease fire along the line
• 39:28
  where hostilities stop.
• 39:30
  So he's trying to invite U.S. into
• 39:32
  Ukraine.
• 39:33
  Ukraine is ready for an all for all
• 39:35
  exchange of prisoners of war and this could
• 39:37
  become a good prologue to ending the war.
• 39:40
  Serious steps must be taken to return civilians
• 39:43
  and children are taken away during the war.
• 39:46
  He's still on that on that kick.
• 39:48
  We must determine what kind of future awaits
• 39:51
  the generation of Ukrainians and Russians who come
• 39:54
  after us.
• 39:54
  If you do not personally come to the
• 39:56
  conclusion that it is time to end this
• 39:58
  war Ukraine will continue fighting for its existence.
• 40:01
  We will have those who support us.
• 40:03
  All they're going to be able to do
• 40:05
  is continue bombing Russia.
• 40:06
  That's it.
• 40:07
  Just like our war in Iran.
• 40:09
  All they can do.
• 40:11
  All they have left is drone attack.
• 40:15
  They don't have any.
• 40:16
  The people are done.
• 40:17
  And Putin's response to this is quite interesting.
• 40:20
  But you too will have to fight much
• 40:22
  harder for your own existence not Russia's but
• 40:25
  your own.
• 40:26
  This is not a threat from me or
• 40:27
  Ukraine.
• 40:28
  It is a fact of Russian history that
• 40:31
  you know well.
• 40:31
  When Russia grows tired change comes.
• 40:34
  We can work toward that fatigue.
• 40:36
  You can stop your war.
• 40:38
  Eternal memory to all those whose lives were
• 40:41
  taken by this war.
• 40:42
  Glory to Ukraine.
• 40:44
  OK.
• 40:44
  So that was the highly propagandized entire letter
• 40:50
  the open letter from the old Vladimir
• 40:59
  Zelensky.
• 41:00
  Now his website that this is a propaganda
• 41:03
  master.
• 41:03
  He's actually fairly good at it because now
• 41:06
  he has a son after the after what
• 41:08
  Zelensky said or Vladimir Putin said in response
• 41:12
  online.
• 41:13
  OK.
• 41:14
  And so that was pretty good.
• 41:15
  I'm going to play for you a song.
• 41:20
  Which one was it.
• 41:21
  We're going to find out.
• 41:23
  And then that'll be interesting for us to
• 41:25
  know.
• 41:26
  And I think it's the one that I
• 41:27
  have picked out.
• 41:28
  Yeah.
• 41:29
  This one's pretty cool.
• 41:30
  Friends and neighbors.
• 41:31
  And I like it.
• 41:32
  It's a tie you live.
• 41:35
  They're going to you know it's pretty cool
• 41:37
  song.
• 41:37
  And so we're going to play that funky
• 41:41
  music for you.
• 41:43
  And somebody's been messing around in the studio
• 41:46
  with the volume.
• 41:49
  They're not supposed to do that.
• 41:51
  And so hopefully this will come out correctly.
• 41:54
  And whoever's done it.
• 41:55
  It wasn't me Jr. But I knew how
• 41:57
  to fix it this time.
• 41:59
  So here we go.
• 42:01
  And there you have it.
• 42:03
  That was tie you by Tasso.
• 42:05
  And pretty good.
• 42:07
  Pretty pretty good stuff.
• 42:08
  Huh.
• 42:09
  Reasonable reasonably reasonably tasty song there.
• 42:14
  Let's see.
• 42:16
  We're going to talk about the response now.
• 42:19
  I want to give you a little bit
• 42:20
  more of a backdrop.
• 42:21
  We've listened to everything stated by the old
• 42:24
  green goblin regarding his attacks on which is
• 42:30
  really all they've had.
• 42:31
  All the news every day even in Russia
• 42:34
  Ukraine is how many missiles how many drones
• 42:38
  each side sent towards each other.
• 42:41
  OK.
• 42:41
  And it is in the hundreds.
• 42:44
  OK.
• 42:45
  How many gas stations they lost.
• 42:47
  How many substations for power have been hit.
• 42:52
  How many water facilities.
• 42:54
  There's a big dispute now between the Zaporizhia
• 42:57
  nuclear power plant which Ukraine keeps attacking.
• 43:00
  And there was a report read this is
• 43:02
  dangerous by the way.
• 43:03
  You have very serious shutdown procedures and that
• 43:07
  facility has to shut down this.
• 43:10
  That's what happened in Chernobyl.
• 43:11
  It didn't shut down properly and didn't cool
• 43:15
  properly on the way down.
• 43:16
  And then when when when that shutdown couldn't
• 43:20
  occur properly it caused a an explosion in
• 43:26
  the reactor core.
• 43:27
  And then the whole thing was was destroyed.
• 43:29
  There's still active radiation sites in Chernobyl today
• 43:34
  from 1986 or whenever it was.
• 43:37
  I believe it was 86.
• 43:39
  And so the Ukrainians are now bombing places
• 43:44
  against the Zaporizhia nuclear power plant which is
• 43:47
  the largest nuclear power plant in Europe.
• 43:50
  And they're bombing the heads of that to
• 43:53
  make sure that it you know that they
• 43:56
  can shut it down and to cause problems.
• 43:59
  And the IAEA is very much against this
• 44:01
  and is trying to monitor is trying to
• 44:04
  keep that.
• 44:05
  And they just keep they just keep doing
• 44:06
  it.
• 44:07
  Ukrainians keep doing it and keep it on.
• 44:09
  They have to keep it on generator power
• 44:11
  for gas and then they shut down the
• 44:13
  gas lines.
• 44:14
  It's like they're intentionally trying to get this.
• 44:17
  They've been bombing trucks as well all through
• 44:20
  Crimea all through the the land bridge and
• 44:25
  all this.
• 44:25
  Remember they were initially trying to just blow
• 44:27
  up that bridge.
• 44:28
  Now they're using drones because not all the
• 44:31
  drones can be tracked and anywhere.
• 44:33
  It's now drone war is the preferred method
• 44:36
  of warfare.
• 44:37
  And that's what that's what they're doing in
• 44:39
  Israel.
• 44:40
  That's they're doing in Iran.
• 44:42
  That's they're doing all over Ukraine.
• 44:44
  It's drones.
• 44:45
  And think about this as I was saying
• 44:47
  early in the show.
• 44:48
  You don't need a million man army.
• 44:50
  You need a hundred two hundred thousand drone
• 44:52
  operators playing video games in their basement.
• 44:55
  You create a bunker with all these people
• 44:57
  with drones which is what the Ukrainians are
• 44:59
  doing and they fly them a thousand miles
• 45:02
  into Russia and like and they just blow
• 45:04
  shit up.
• 45:05
  And so but the losses on the ground
• 45:08
  continue and their losses on the ground are
• 45:10
  horrific.
• 45:11
  And Vladimir Putin's response and I'm not sure
• 45:15
  his but but against the backdrop of being
• 45:18
  bombed in St. Petersburg his house involved I
• 45:21
  was bombed last year when he was going
• 45:24
  to be there for meetings with I forget
• 45:26
  who.
• 45:27
  And then Moscow's been bombed bombed.
• 45:30
  They bombed it on May 9th.
• 45:31
  It's a big day for Russia.
• 45:33
  And they intentionally I think the U.S.
• 45:35
  kept him from staying away.
• 45:37
  The U.S. is coming back around and
• 45:39
  is going to start you know we're pumping
• 45:42
  more money into Ukraine because the same old
• 45:45
  idiots are in charge.
• 45:46
  I wanted to say a-holes but I'm
• 45:49
  trying to be a better human being with
• 45:51
  my swearing on the radio.
• 45:53
  And the the same old crap is coming
• 45:57
  back just like I said it would.
• 46:00
  Trump is not in control of this unless
• 46:02
  he vetoes it which he won't.
• 46:05
  He'll he'll sign it just like all the
• 46:07
  all the Israel crap that we never say
• 46:12
  a word about and nobody ever ever fights
• 46:15
  it.
• 46:15
  Certainly not on the national level.
• 46:17
  And what is your interest in Israel?
• 46:20
  Seriously.
• 46:20
  What's the interest?
• 46:22
  What's your interest in Ukraine?
• 46:24
  The hell do we care?
• 46:25
  Well you know and we shouldn't care.
• 46:27
  It's it's nonsense.
• 46:28
  We don't give a crap.
• 46:30
  That's not our fight.
• 46:32
  Never has been.
• 46:33
  And we've created as our fight because we
• 46:36
  wish to take over the world.
• 46:38
  So with those backdrops and Scott Ritter now
• 46:44
  with a passport with 130 countries participating in
• 46:48
  the most significant economic forum in the world
• 46:52
  which occurs you know this is this is
• 46:55
  the economic forum you know for people to
• 46:59
  get together and talk future and economics.
• 47:02
  I would love to go to something like
• 47:04
  that and I think I might at some
• 47:06
  point in my in my history here.
• 47:08
  But here came the answer and it wasn't
• 47:11
  really the answer to the letter because it
• 47:13
  wasn't it but there were specific questions afterward.
• 47:20
  Let's see.
• 47:21
  Let's see.
• 47:23
  Interview.
• 47:26
  I need to do this first.
• 47:29
  Especially with the work brothers.
• 47:38
  Let's see.
• 47:40
  He started out like so.
• 47:43
  He said, wow it's a long long introduction
• 47:51
  that he gave to this security conference.
• 47:54
  But you know what?
• 47:55
  It's of global importance friends and neighbors of
• 47:58
  a global economic importance.
• 48:01
  Believe it or don't believe it.
• 48:02
  But this is Vladimir Putin's translation and a
• 48:06
  pretty good translation there of.
• 48:09
  Good afternoon respected ladies and gentlemen respected Shavkat
• 48:14
  Miramonovich, respected Madam Samia Saluha Hassan, respected Mr.
• 48:20
  Han Jing and ladies and gentlemen.
• 48:22
  I'm very pleased to see the representative hall.
• 48:25
  Shavkat Miramonovich and I just exchanged impressions.
• 48:29
  He drew attention to the fact that the
• 48:30
  hall is completely full.
• 48:32
  This speaks to the interest of the St.
• 48:35
  Petersburg Economic Forum.
• 48:37
  I want to welcome all participants and guests.
• 48:40
  Russia and St. Petersburg are once again receiving
• 48:43
  leaders of major companies, businessmen and experts.
• 48:47
  This year from more than one hundred and
• 48:49
  thirty countries for the development of business contact
• 48:52
  contacts and the establishment of new ties.
• 48:55
  Our moderator has just set the bar, marked
• 48:58
  the theme, and I will try to speak
• 49:00
  on those topics.
• 49:01
  But before coming here, she also said that,
• 49:03
  in her opinion, a very good atmosphere has
• 49:06
  been created by those who organized this event.
• 49:09
  At the very beginning of my remarks, I
• 49:11
  want to thank everyone who organized this forum
• 49:14
  today.
• 49:14
  Thank you very much.
• 49:16
  The unique uniqueness and attractiveness of St. Petersburg
• 49:19
  Forum lies precisely in the possibility of free
• 49:23
  dialogue on issues that interest entrepreneurs, entire industries
• 49:27
  and even entire states, countries, he means.
• 49:31
  We are always open to those who are
• 49:32
  interested in working with our country, who are
• 49:35
  ready for equal and mutually beneficial cooperation.
• 49:39
  Sounds like Xi Jinping.
• 49:40
  He says same thing.
• 49:41
  We are convinced that precisely this approach, hearing
• 49:44
  one another, understanding the interests of each side
• 49:48
  and finding common solutions is a harmonious path
• 49:52
  of development and the opportunity to answer the
• 49:55
  serious challenges facing the modern world.
• 49:58
  We see what shocks energy markets are experiencing,
• 50:02
  how tension is being provoked in separate regions.
• 50:05
  First of all, at this moment in the
• 50:07
  Middle East, how the short-sighted policy of
• 50:10
  European bureaucracy is being carried out, accompanied by
• 50:13
  aggressive rhetoric and leading to the further loss
• 50:16
  of Europe's position in the world economy.
• 50:19
  Now, that says something different than the Z
• 50:21
  monster, doesn't it?
• 50:22
  This isn't in response to that letter, but
• 50:24
  he's read it.
• 50:25
  Moreover, it undermines regional and global security.
• 50:29
  In fact, European elites are provoking chaos into
• 50:33
  which they are trying to pull more and
• 50:36
  more countries.
• 50:38
  And that's true.
• 50:38
  They just did it in Armenia.
• 50:41
  These processes did not arise by themselves.
• 50:44
  They became the consequences of the fact that
• 50:46
  the world is undergoing the largest structural transformation
• 50:50
  in recent decades.
• 50:53
  This is true and important.
• 50:56
  Moreover, such transformation is not a transition from
• 51:01
  one phase of the cycle to another.
• 51:03
  What is happening is a change in the
• 51:06
  very paradigm of global development.
• 51:09
  Now, I want to pause here for just
• 51:11
  a second and look at the differences in
• 51:16
  speech pattern agreed in English, but in Russian,
• 51:20
  it's the same.
• 51:23
  Zelensky is a bully and an actor, and
• 51:28
  he's not very well spoken.
• 51:30
  He doesn't speak in any sort of way
• 51:34
  that you would expect a leader to speak.
• 51:37
  I shouldn't say stuff like this, but I
• 51:42
  think the intelligence gap between Putin and Zelensky
• 51:45
  is dramatic.
• 51:47
  And it's true between Zelensky and many, many,
• 51:51
  many leaders.
• 51:52
  That isn't a leader.
• 51:53
  That's an actor.
• 51:56
  And all he can do is parrot.
• 51:59
  He can't create his own stuff.
• 52:00
  He writes his own stuff.
• 52:04
  And Putin is very, very well-spoken, experienced,
• 52:08
  whether it's the 26 years or the KGB
• 52:10
  training or what.
• 52:12
  But he speaks like an elitist himself with
• 52:18
  decent language skills and decent ability to express
• 52:22
  himself.
• 52:23
  Zelensky doesn't do that.
• 52:25
  His letter was the tone is just completely
• 52:28
  crap, you know.
• 52:30
  And here, maybe you could argue it's the
• 52:34
  audience that you're talking about, and he intended
• 52:36
  to write a threatening letter.
• 52:37
  That's what that was.
• 52:39
  Why would you give a threatening letter and
• 52:41
  then invite somebody to end the war?
• 52:44
  As if you're coming from a point of
• 52:46
  view.
• 52:46
  Basically, he's just saying, capitulate, Putin.
• 52:49
  Yeah, that's real.
• 52:51
  That's really, it's a horrible letter when you
• 52:55
  look at it from the point of view
• 52:56
  of actually trying to accomplish what he says
• 52:59
  he's trying to accomplish.
• 53:01
  Just throwing the words, let's have a meeting
• 53:02
  at the end doesn't change the nature of
• 53:05
  what that letter is.
• 53:07
  It's, look, look, I can still bomb the
• 53:09
  crap out of you and enjoy your economic
• 53:12
  forum that I'm screwing with.
• 53:13
  That's the nature of that letter.
• 53:16
  So Putin can, but Putin is well-spoken
• 53:18
  and Putin doesn't rise to the challenge, which
• 53:22
  you'll see later in the responses.
• 53:26
  I'm going to, let's see here.
• 53:28
  Well, no, let's continue with his letter.
• 53:30
  What are his appearance?
• 53:31
  What existed before?
• 53:33
  What would I like to draw attention to
• 53:35
  for decades?
• 53:36
  This is where he's telling the history of
• 53:39
  the world right now.
• 53:40
  The decade, well, speaking currently, for decades, the
• 53:45
  model of global development was built around a
• 53:47
  limited number of financial centers, technological solutions, insurance
• 53:52
  and logistic hubs, rating agencies, and reserve currencies.
• 53:56
  Now, he named those things on purpose, okay?
• 54:00
  There's a specific reason he listed those.
• 54:03
  Such a structure was presented as universal, as
• 54:08
  supposedly suitable for everyone, and most importantly, as
• 54:13
  supposedly neutral.
• 54:15
  In reality, however, it was increasingly used as
• 54:20
  an instrument of political pressure and unfair competition
• 54:23
  when payments, technology, logistics, or even access to
• 54:28
  information can be switched off at one moment
• 54:32
  in order to punish someone who decided to
• 54:35
  act in his own national interests.
• 54:37
  Now, tell me that's not true, okay, of
• 54:40
  what he just said.
• 54:41
  That is, in essence, the system was a
• 54:44
  specially created system of dependence or of extracting
• 54:49
  resources.
• 54:51
  Tell me that's not true.
• 54:52
  That's absolutely true with the Western system.
• 54:56
  Today, the overwhelming majority of countries see this.
• 55:01
  Entrepreneurs, banks, industrial companies, farmers, and carriers see
• 55:06
  it.
• 55:07
  Samuel Trapp sees it.
• 55:09
  I added that part.
• 55:11
  It has become obvious that investment plans and
• 55:14
  steps for business and development risk can face
• 55:17
  a serious risk, the risk that the external
• 55:20
  infrastructure on which they rely can be used
• 55:24
  against them.
• 55:25
  Tell me that's not true.
• 55:27
  That's absolutely true.
• 55:29
  And therefore, states are beginning to develop their
• 55:32
  own technological solutions to create their own supply
• 55:37
  routes and their own institutions.
• 55:42
  Russia feels these changes in full measure.
• 55:46
  Pressure on our country remains, but at the
• 55:49
  same time, our space for maneuvering has become
• 55:52
  wider.
• 55:53
  New partnerships have appeared.
• 55:55
  New financial and technological solutions have appeared.
• 55:59
  We are mastering more promising markets.
• 56:02
  Thus, Russia assesses global changes not only as
• 56:06
  a threat, but also as a colossal opportunity.
• 56:10
  Now, that's positive, isn't it?
• 56:13
  That's positive.
• 56:15
  And in order to make use of them,
• 56:17
  we strive to act quickly and pragmatically.
• 56:20
  I repeat, the roots of the current turbulence
• 56:24
  in the world lie in the fact that
• 56:26
  it is moving from a vertical, hierarchical model,
• 56:30
  which worked in the interests of individual states,
• 56:33
  and moreover, a very small number of states,
• 56:37
  towards a more complex, distributed, and multipolar world.
• 56:43
  Now, think about that.
• 56:44
  Is that wrong?
• 56:46
  You might not like it, because we're the
• 56:48
  one that he's talking about.
• 56:50
  We're talking about the individual state and the
• 56:53
  globalist elites from Europe.
• 56:55
  So, continue.
• 56:57
  What is meant by this?
• 56:58
  First of all, and remember who he's speaking
• 57:01
  to, business owners, economists, the freaking world, us,
• 57:05
  right?
• 57:05
  First of all, the structure of growth is
• 57:08
  changing in favor of new centers of development,
• 57:12
  the countries of the global south.
• 57:14
  You can't deny this, by the way.
• 57:17
  And this, respected colleagues, you yourselves see and
• 57:21
  know well.
• 57:22
  It is not a declaration, but an objective
• 57:25
  reality.
• 57:27
  And that translation comes across, because you could
• 57:31
  say an objective.
• 57:32
  These are objective facts.
• 57:35
  These are not propagandistic declarations.
• 57:42
  This is fact, and it is fact, and
• 57:45
  it's immutable, this fact, and we're still choosing
• 57:48
  to ignore it.
• 57:50
  But after all, in the countries I'm speaking
• 57:53
  about, the population is growing, the middle class
• 57:56
  is forming, industries are developing, and the domestic
• 58:00
  markets are expanding.
• 58:02
  That means cities, roads, ports, energy, and digital
• 58:06
  networks are being built.
• 58:08
  Their own financial, educational, scientific, and technological centers
• 58:12
  are appearing.
• 58:14
  None of that can be denied.
• 58:16
  In this regard, I note that the world
• 58:18
  becomes more just when economic growth embraces more
• 58:22
  and more countries, when opportunities are received by
• 58:26
  billions of people who previously were on the
• 58:29
  periphery of the global economy.
• 58:31
  It is very important that the new centers
• 58:33
  of growth want to determine their own development
• 58:36
  trajectory to receive a greater share of added
• 58:39
  value and create their own brand standards and
• 58:42
  competencies.
• 58:43
  For example, if one looks to the dynamics
• 58:46
  of the global GDP over the past five
• 58:49
  years, almost half of its annual increase, 49
• 58:55
  percent, was provided by the BRICS states.
• 59:01
  And that is true, people.
• 59:03
  Whereas the contribution of the so-called group
• 59:06
  of seven, the seven largest economies, is 18
• 59:10
  percent.
• 59:12
  For reference, that should tell you a lot
• 59:17
  right there.
• 59:18
  If it doesn't, it should.
• 59:20
  For reference, I can add that with global
• 59:22
  economic growth in 2021 to 2025, averaging 4
• 59:27
  percent annually, 2 percent was provided by the
• 59:31
  BRICS countries and 0.8 percent by the
• 59:34
  countries of the group of seven.
• 59:36
  That's also alarming to most economists.
• 59:40
  At present, the share of BRICS in the
• 59:42
  world GDP by purchasing power parity is approximately
• 59:47
  40 percent, and the share of the group
• 59:50
  of seven is less than 29 percent.
• 59:54
  Therefore, the BRICS indicator overtook the seven back
• 59:57
  in 2020, but BRICS leadership is still increasing.
• 1:00:01
  According to forecasts, this ratio will continue to
• 1:00:06
  increase in favor of BRICS, at whose expense
• 1:00:09
  the question arises, what is happening?
• 1:00:13
  It is happening because economic growth rates in
• 1:00:17
  the BRICS countries are steadily growing higher.
• 1:00:21
  They are higher now and will grow even
• 1:00:23
  more high in contrast to the ones that
• 1:00:26
  they're comparing.
• 1:00:27
  The translation isn't quite right here.
• 1:00:29
  They are higher now and will continue to
• 1:00:31
  grow, and the trend will continue.
• 1:00:35
  If the countries of the group of seven
• 1:00:37
  have growth rates at best of 1.5
• 1:00:40
  percent per year till the end of the
• 1:00:43
  decade, then for BRICS, this indicator is going
• 1:00:46
  to exceed 4 percent on average, and that's
• 1:00:50
  true too.
• 1:00:51
  Respected ladies and gentlemen, dear friends, we did
• 1:00:54
  not invent these numbers, and he's right.
• 1:00:58
  We did not invent these numbers.
• 1:01:01
  This data is from the IMF, International Monetary
• 1:01:05
  Fund, and the World Bank.
• 1:01:07
  International institutions, they themselves are forced to speak
• 1:01:12
  about this.
• 1:01:13
  Of course, business is more interesting where development
• 1:01:16
  is more dynamic, where there is prospect for
• 1:01:19
  increased production and sales.
• 1:01:21
  Therefore, the focus of global trade, and along
• 1:01:24
  with it financial systems, is also shifting.
• 1:01:28
  It is shifting, and the trend is continuing.
• 1:01:31
  For many years, the main flow of goods,
• 1:01:35
  capital, and information passed through a small number
• 1:01:39
  of Western infrastructure nodes.
• 1:01:43
  Even when the goods went from one country
• 1:01:46
  in Eurasia, let's say, to another state in
• 1:01:50
  Eurasia, payments, logistics, insurance, arbitrations relied on institutions
• 1:01:56
  of third countries.
• 1:01:58
  This is what the fight is about.
• 1:02:00
  All of this, Ukraine, Iran, all of it
• 1:02:05
  is about this, okay?
• 1:02:08
  This is key.
• 1:02:11
  That's why the St. Petersburg International Economic Forum
• 1:02:14
  must be ignored, because they're speaking the truth,
• 1:02:19
  okay?
• 1:02:21
  That's where you're getting world truth.
• 1:02:24
  It's unfortunate, but absolutely true, okay?
• 1:02:30
  So, countries in Eurasia paying each other have
• 1:02:33
  to do so through Britain and the United
• 1:02:36
  States.
• 1:02:36
  It's been that way for years, okay?
• 1:02:39
  I've got to speed up or I'm never
• 1:02:40
  going to make it.
• 1:02:41
  This creates additional costs to each of these
• 1:02:45
  transactions and forms political dependence on the other
• 1:02:49
  countries.
• 1:02:50
  Today, international trade is becoming more efficient.
• 1:02:53
  Deliveries are being taken into accounts.
• 1:02:56
  Deliveries are increasing without unnecessary intermediaries.
• 1:03:00
  Settlement and national currencies are developing, and new
• 1:03:03
  corridors are opening.
• 1:03:05
  This is absolutely true, and there's no stopping
• 1:03:09
  it.
• 1:03:10
  You don't have to use the Bretton Woods
• 1:03:13
  structure, is what he's saying, and people are
• 1:03:16
  not, increasingly not.
• 1:03:19
  Does that mean the Bretton Woods structure, the
• 1:03:21
  SWIFT system, the IMF, and the World Bank
• 1:03:23
  are gone?
• 1:03:24
  No.
• 1:03:25
  It means people are getting alternatives, and you
• 1:03:27
  better start thinking about that.
• 1:03:30
  In Eurasia, these are the North-South Corridor,
• 1:03:33
  the trans-Arctic transport route, links to the
• 1:03:36
  Caspian Sea, Central Asia, the Black Sea, and
• 1:03:39
  the Far East, all of which are booming,
• 1:03:42
  huge, compared to us.
• 1:03:46
  All these projects and logistical routes are real
• 1:03:49
  features of today's development, importantly, future development.
• 1:03:53
  As an example of the fact that the
• 1:03:55
  global trade system is ceasing to be Western
• 1:03:59
  -centric, I will note the following.
• 1:04:01
  In 25 years, the share of BRICS in
• 1:04:05
  the world trade in goods has more than
• 1:04:07
  doubled.
• 1:04:09
  Last year, the countries of our association accounted
• 1:04:11
  for almost a quarter of world exports, and
• 1:04:16
  this indicator continues to grow.
• 1:04:19
  The internal trade turnover in BRICS is also
• 1:04:22
  growing.
• 1:04:23
  It exceeds one trillion dollars per year.
• 1:04:28
  A particularly significant role in these processes is
• 1:04:32
  being acquired by the so-called connector countries,
• 1:04:36
  if you may call them that.
• 1:04:37
  They connect markets, technology, financial flow, and business
• 1:04:41
  culture.
• 1:04:43
  Moreover, this is not only about simple transport
• 1:04:46
  and transportation through certain territory.
• 1:04:49
  Here, it is important to note the main
• 1:04:51
  thing, to ensure trust, logistics, settlement, legal certainty,
• 1:04:55
  and technological compatibility.
• 1:04:57
  The President of the Republic of Uzbekistan is
• 1:04:59
  participating in the work of the panel session.
• 1:05:02
  I ask you once again to welcome him.
• 1:05:05
  He's sitting on stage.
• 1:05:06
  Thank you very much of Uzbekistan.
• 1:05:08
  And Uzbekistan was booming, and I said this
• 1:05:11
  when I was there.
• 1:05:13
  Do you know how you tell a country
• 1:05:14
  is growing?
• 1:05:15
  I swear, you walk down the street there,
• 1:05:17
  everybody is pushing a stroller.
• 1:05:20
  You tell me it's not positive when everybody's
• 1:05:23
  having babies.
• 1:05:24
  It's freaking positive.
• 1:05:25
  That place is growing, and there's money, and
• 1:05:28
  it's just crazy.
• 1:05:30
  And the President of the Republic of Uzbekistan
• 1:05:33
  was at the forum, and he gave a
• 1:05:35
  speech too.
• 1:05:35
  It'd be nice to share it, but you
• 1:05:37
  know, you got to translate them all.
• 1:05:38
  It's all done in Russian, which was, you
• 1:05:40
  know, there's the introduction was done in English.
• 1:05:42
  It's pretty funny because the moderator's Indian, but
• 1:05:45
  everybody's wearing earpieces.
• 1:05:47
  You know, they had that, and the whole
• 1:05:47
  hall was packed.
• 1:05:49
  The President of Uzbekistan is leader of one
• 1:05:52
  of the centers of economic growth.
• 1:05:54
  It's true.
• 1:05:55
  Its population is actively growing.
• 1:05:57
  True.
• 1:05:57
  Industrial plants are being implemented, and its agricultural
• 1:06:00
  and energy potential and domestic markets are increasing.
• 1:06:04
  At the same time, Uzbekistan acts as an
• 1:06:07
  important connection linking Russia, Central and South Asia,
• 1:06:11
  China, and the Middle East.
• 1:06:13
  There will be more and more such examples
• 1:06:16
  when a country's own development is harmoniously complemented
• 1:06:21
  by, and uses advantage of, ties with other
• 1:06:24
  centers in the multipolar world.
• 1:06:27
  This also applies to our guest from Tanzania.
• 1:06:31
  Once again, Tanzania plays a similar role in
• 1:06:34
  East Africa.
• 1:06:35
  I note one important trend.
• 1:06:37
  The global trade architecture is moving away from
• 1:06:41
  the original principles of the World Trade Organization.
• 1:06:45
  Since the beginning of the 21st century, the
• 1:06:48
  number of bilateral, regional, and mega-regional agreements
• 1:06:53
  in the sphere of trades has increased fourfold.
• 1:06:58
  Now, that means four times as much is
• 1:07:01
  being done directly, country to country, without the
• 1:07:06
  West, without the dollar, is what he is
• 1:07:10
  saying.
• 1:07:11
  Why is this happening?
• 1:07:13
  The erosion of the World Trade Organization was
• 1:07:16
  launched by the very same people who created
• 1:07:19
  it, namely the Western states.
• 1:07:23
  When it was beneficial to them, they promoted
• 1:07:26
  the WTO and the ideas of the WTO,
• 1:07:29
  and invited other countries to participate in it.
• 1:07:33
  But when the West began to lose the
• 1:07:37
  competitive struggle, the general universal rules of trade
• 1:07:41
  that were implemented within the World Trade Organization
• 1:07:45
  became burdensome and uninteresting.
• 1:07:51
  So, unilateral restrictions and so-called sanctions were
• 1:07:56
  put into play.
• 1:07:57
  And this way, Western countries could effectively switch
• 1:08:02
  off the WTO mechanism and undermine trust in
• 1:08:06
  the institution itself.
• 1:08:08
  And if there is no trust, and the
• 1:08:10
  institution no longer works properly, then businesses and
• 1:08:14
  states will find another solution.
• 1:08:18
  And that solution is being found in the
• 1:08:21
  form of bilateral and multilateral trade agreements.
• 1:08:25
  And he didn't say this part, but outside
• 1:08:28
  of the WTO.
• 1:08:31
  That's what's happening.
• 1:08:33
  And further, I've already spoken about sanctions and
• 1:08:37
  blocking, and in essence, the theft of Russia's
• 1:08:42
  international reserves.
• 1:08:43
  Do you know that Besant is talking about
• 1:08:45
  stealing $100 billion of Iranian money that the
• 1:08:49
  West has froze forever?
• 1:08:51
  This is exactly what they're talking about.
• 1:08:53
  Stealing Russian money, stealing their stuff.
• 1:08:56
  This is how you control them.
• 1:08:58
  You steal it, but you tell everybody, well,
• 1:09:01
  they're bad people.
• 1:09:02
  So we steal it.
• 1:09:04
  There is no process.
• 1:09:05
  There's no legal process to do it.
• 1:09:07
  But you do it anyway, like Scott Besant.
• 1:09:10
  If he can steal $100 billion, that's fine
• 1:09:14
  for him, because you don't go to jail
• 1:09:15
  for that.
• 1:09:16
  You get an award.
• 1:09:17
  You get an award for figuring out how
• 1:09:19
  to do it and not going to prison.
• 1:09:21
  And that's what's going on.
• 1:09:24
  You know, when I'm with Maduro, we got
• 1:09:27
  it going on.
• 1:09:28
  Besant's going to steal $100 billion in Iranian
• 1:09:31
  assets.
• 1:09:32
  I mean, this is the tale.
• 1:09:35
  You grab that tale and you yank hard
• 1:09:37
  just to keep them from moving forward and
• 1:09:41
  leaving you behind.
• 1:09:42
  That's what's happening.
• 1:09:44
  So further, I've spoken about sanctions and blocking
• 1:09:48
  in the theft of Russia's international reserves.
• 1:09:51
  This has irreversibly affected the position of world
• 1:09:55
  currency, the dollar, and the euro.
• 1:09:58
  It is simple and obvious factor, and it
• 1:10:01
  must be acknowledged.
• 1:10:03
  Now, all countries, and I want to emphasize
• 1:10:05
  this, all countries without exception, like Russia, can
• 1:10:10
  at any moment be deprived of access to
• 1:10:13
  their lawful assets placed in dollars or euros,
• 1:10:17
  as well as to Western financial and payment
• 1:10:19
  infrastructure.
• 1:10:21
  That is a harsh statement and a teardown
• 1:10:25
  of the United States and the world trade,
• 1:10:30
  well, the elites in Europe.
• 1:10:31
  You and I understand this is a question
• 1:10:34
  of unfair competition.
• 1:10:36
  Remember, 130 countries here.
• 1:10:39
  Sorry, phone ringing.
• 1:10:42
  But I'm not going to answer it, but
• 1:10:45
  I am going to send a text so
• 1:10:50
  he knows that I'm not ignoring him.
• 1:10:55
  And I didn't mean to leave that on,
• 1:10:57
  I usually turn it off, but I'm glad
• 1:10:59
  I heard it.
• 1:11:00
  Let's see.
• 1:11:01
  I'm going to send something to him really
• 1:11:04
  quickly, though, if and you don't mind.
• 1:11:09
  Call after nine.
• 1:11:12
  There you go.
• 1:11:12
  Very sorry about that interruption.
• 1:11:15
  You and I understand this is a question
• 1:11:16
  of unfair competition.
• 1:11:18
  The pretext may be different.
• 1:11:20
  They will always be found.
• 1:11:21
  In our case, the conflict in Ukraine, in
• 1:11:25
  some other case, a conflict in the Middle
• 1:11:28
  East, conflict in Africa, even attitudes toward the
• 1:11:32
  LGBT community.
• 1:11:35
  Please, one can find fault with anything, but
• 1:11:38
  at the root, nevertheless, is one in the
• 1:11:42
  same thing.
• 1:11:43
  Unfair competitive struggle.
• 1:11:45
  Now, that is a takedown, right?
• 1:11:48
  Everything.
• 1:11:49
  He says that everything by the way, the
• 1:11:51
  sad state of Western public finances also undermines
• 1:11:56
  any trust in the West, meaning high public
• 1:12:00
  debt and large budget deficits.
• 1:12:03
  The Eurozone's public debt in 2025 grew to
• 1:12:08
  eighty one point seven percent of their GDP.
• 1:12:12
  The worst indicators are known.
• 1:12:15
  Greece, one hundred and forty six percent.
• 1:12:17
  Italy, one hundred and thirty seven.
• 1:12:19
  France, one hundred and fifteen percent.
• 1:12:21
  Belgium, one hundred eight percent.
• 1:12:24
  Russia, by the way, has sixteen point four
• 1:12:27
  percent, although the figure does float a little.
• 1:12:31
  Yesterday at the meeting with heads of news
• 1:12:33
  agency, I said that some of our experts
• 1:12:37
  show a figure of fifteen point eight percent.
• 1:12:40
  But in any case, it is an incomparable
• 1:12:43
  value.
• 1:12:44
  The budget deficits in the European Union in
• 1:12:46
  2025 is three point one percent of GDP.
• 1:12:50
  The maximum deficits are in such countries as
• 1:12:53
  Poland, three point seven percent.
• 1:12:55
  Belgium, five point two.
• 1:12:57
  France, five point one.
• 1:12:58
  United States, five point nine.
• 1:13:00
  In Russia, it's two point six.
• 1:13:02
  It may grow somewhat by the end of
• 1:13:04
  the year, but I think it will still
• 1:13:05
  be less than other industrially developed countries.
• 1:13:10
  Such a situation is fraught for Western currencies
• 1:13:13
  with a new surge of inflation.
• 1:13:15
  Something similar already happened in twenty twenty one
• 1:13:18
  and twenty two when prices in the Eurozone
• 1:13:21
  and the United States grew by 14 percent
• 1:13:23
  over two years.
• 1:13:25
  It's obvious that in such conditions, countries of
• 1:13:28
  the world are reducing assets in the West
• 1:13:30
  and transitioning settlements into national currency, their own
• 1:13:36
  money.
• 1:13:37
  They are making wider use.
• 1:13:39
  They're accumulating gold, too, by the way.
• 1:13:41
  They are making wider use of alternative payment
• 1:13:43
  systems and increasing the role of digital financial
• 1:13:46
  assets, including digital currencies of their central banks.
• 1:13:51
  Russia in trade relations with leading partners already
• 1:13:54
  many loses its own national currency.
• 1:13:57
  Thus, the share of the ruble in our
• 1:13:59
  expert operation today is sixty five percent or
• 1:14:03
  almost two thirds.
• 1:14:05
  I emphasize the world needs a modern, flexible,
• 1:14:08
  responsible financial architecture without risks, bans, barriers and
• 1:14:13
  with incentives for foreign and sovereign development.
• 1:14:16
  Its instruments must reduce cost, accelerate settlement, expand
• 1:14:20
  access to financing and, of course, with proper
• 1:14:23
  counteraction to tax evasion, fraud and money laundering.
• 1:14:27
  Naturally, special attention should be paid to this
• 1:14:30
  next.
• 1:14:31
  Historically, it developed that the West was regarded
• 1:14:34
  by other countries as a source of technological
• 1:14:37
  development.
• 1:14:38
  But here, too, we see a serious transformation
• 1:14:41
  is important.
• 1:14:43
  Over the last twenty five years, BRICS countries
• 1:14:46
  have substantially increased high tech export.
• 1:14:49
  Now they exceed one third of global supply.
• 1:14:53
  And this speaks to a change in technological
• 1:14:55
  leadership in the world.
• 1:14:58
  Gradually it is happening, but it is happening.
• 1:15:01
  Our strategic partner, China, has the most patents
• 1:15:04
  in the field of artificial intelligence, where, by
• 1:15:07
  the way, Russia has also very good prospects.
• 1:15:10
  Let us welcome the vice president of the
• 1:15:13
  People's Republic of China, who is on the
• 1:15:16
  stage.
• 1:15:17
  Our other key partner, India, is one of
• 1:15:19
  the leading players in the I.T. industry.
• 1:15:22
  It accounts for a significant share of global
• 1:15:25
  software market.
• 1:15:27
  Russia occupies high positions in the pace of
• 1:15:30
  introduction of digital platforms, trading marketplace, solution to
• 1:15:34
  the financial sphere, a field of urban services,
• 1:15:37
  health care and education.
• 1:15:38
  They improve the quality of people's lives, both
• 1:15:41
  in Russia and in dozens of countries around
• 1:15:43
  the world where they successfully compete with foreign
• 1:15:46
  analogs.
• 1:15:48
  We also lead in complex sphere is nuclear
• 1:15:50
  energy.
• 1:15:51
  More than 80 percent of nuclear power plant
• 1:15:54
  construction projects in the world market are being
• 1:15:59
  implemented with the partition participation of Rosatom, Russia's
• 1:16:04
  nuclear energy power company.
• 1:16:07
  More than 80 percent.
• 1:16:10
  That is a serious indicator, says Putin.
• 1:16:15
  We also lead in the complex sphere of
• 1:16:18
  nuclear energy.
• 1:16:20
  More than 80 percent of nuclear power plant
• 1:16:23
  construction projects in the world market.
• 1:16:27
  I just read that.
• 1:16:29
  I'm sorry.
• 1:16:29
  We've also have serious engineering and technological groundwork
• 1:16:33
  in managing the water energy balance, which is
• 1:16:36
  acquired after great importance in Asia, Africa and
• 1:16:40
  throughout the world.
• 1:16:41
  I believe colleagues participating in this panel discussion
• 1:16:44
  session cannot but agree with this, and they
• 1:16:47
  do.
• 1:16:48
  It is obvious the most important factor of
• 1:16:50
  global transformation is precisely technological processes.
• 1:16:54
  Experts identify three key technologies of today and
• 1:16:57
  tomorrow capable of changing the citizens to work
• 1:17:00
  in the activity of the state.
• 1:17:02
  What are they?
• 1:17:03
  Artificial intelligence, which allows processing large arrays of
• 1:17:07
  data and making optimal decisions in all spheres.
• 1:17:10
  Second, autonomous systems, which radically increase labor productivity
• 1:17:14
  and change the entire sectors of economy.
• 1:17:18
  And finally, platform solutions, which allow market participants
• 1:17:22
  directly in real time in automatic mode to
• 1:17:26
  exchange information and conclude transactions accordingly to forecasts
• 1:17:32
  by scientists and specialists.
• 1:17:34
  Those countries are groups of countries that possess
• 1:17:38
  a complete set of their own technology in
• 1:17:40
  the field of AI, autonomous systems and digital
• 1:17:44
  platforms will become powerful centers of sovereignty in
• 1:17:48
  the multipolar world.
• 1:17:51
  Moreover, without these technologies, real sovereignty will, in
• 1:17:55
  principle, be impossible.
• 1:17:58
  I emphasize the existence of one's own technological
• 1:18:01
  base is fundamentally important for countries with large
• 1:18:05
  populations, vast territories, distinct cultures.
• 1:18:09
  Such states cannot act merely as users of
• 1:18:12
  other people's solutions.
• 1:18:13
  In that case, they risk becoming objects of
• 1:18:16
  management by foreign platforms and how those platforms
• 1:18:20
  will be used.
• 1:18:23
  Is another question.
• 1:18:25
  In essence, large states, true civilizations face a
• 1:18:29
  question of historical choice.
• 1:18:31
  Either they create their own platform and technology
• 1:18:34
  contour, or they turn into a digital periphery.
• 1:18:38
  And here one should not be deceived.
• 1:18:41
  Foreign services may at first be convenient, but
• 1:18:46
  later the price of this dependence will reveal
• 1:18:48
  itself.
• 1:18:49
  Russia has already received this lesson.
• 1:18:52
  We saw how some software suppliers leave the
• 1:18:55
  market, how payments are blocked, how political interference
• 1:18:59
  and commercial relations occurred.
• 1:19:01
  Therefore, we strengthen our own critical infrastructure and
• 1:19:05
  cooperate, enter into a cooperation only with those
• 1:19:09
  partners who respect mutual obligation.
• 1:19:12
  Such experience tested over years has accumulated our
• 1:19:16
  relations with the People's Republic of China, a
• 1:19:19
  true strategic partner of Russia.
• 1:19:21
  Our economic cooperation covers practically all spheres, including
• 1:19:26
  high technology, transport, machine building, and, of course,
• 1:19:29
  energy.
• 1:19:30
  Dear friends, as I have said, positions in
• 1:19:33
  the system of world economic ties and global
• 1:19:35
  leadership dependent on the ability of a given
• 1:19:37
  country to ensure its own sovereignty.
• 1:19:40
  It would not be an exaggeration to say
• 1:19:42
  that the race for sovereignty has unfolded and
• 1:19:45
  is gaining momentum.
• 1:19:46
  This is not only about the ability to
• 1:19:49
  resist external pressure and defend your own national
• 1:19:52
  interests.
• 1:19:53
  It is also a question of the quality
• 1:19:54
  of your state, your economy, and society.
• 1:19:58
  Sovereignty means being stronger and, I emphasize, smarter.
• 1:20:02
  That means managing resources more precisely and investing
• 1:20:06
  more efficiently, including in technological developments.
• 1:20:10
  I emphasize real sovereignty requires efficiency.
• 1:20:15
  One cannot say we are sovereign, therefore we
• 1:20:18
  may do things expensive, slow, and inconveniently.
• 1:20:21
  On the contrary, in all areas of work,
• 1:20:23
  one must act as actively as possible with
• 1:20:26
  the greatest return.
• 1:20:27
  One must produce faster, ensure growth in the
• 1:20:30
  outcome of the state, business, and citizens.
• 1:20:33
  In tense and difficult conditions, Russia continues to
• 1:20:36
  strengthen its sovereignty, not by closing itself off
• 1:20:39
  but, on the contrary, by expanding its circle
• 1:20:42
  of partners.
• 1:20:43
  Yes, at present the economic dynamic is restrained.
• 1:20:47
  We will probably speak about this further.
• 1:20:49
  Here I will recall the task set before
• 1:20:52
  the government beginning already next year.
• 1:20:55
  It is necessary to return to sustainable rates
• 1:20:57
  of growth and the national economy.
• 1:20:59
  It can be done under one condition, by
• 1:21:02
  increasing capital investment and launching a new investment
• 1:21:06
  cycle.
• 1:21:07
  Friends and neighbors, we're not going to get
• 1:21:09
  to the end of Vladimir Vladimirovich.
• 1:21:11
  I should have read him individually and I'm
• 1:21:16
  going to note where we put these professional
• 1:21:21
  skills of increasing the pace.
• 1:21:26
  And because he noted some more numbers, I
• 1:21:29
  thought I could read it a little bit
• 1:21:31
  faster because of the content, but I must
• 1:21:33
  have opined too much.
• 1:21:36
  And unfortunately, I can't extend the show today.
• 1:21:39
  I may combine the two together for posting
• 1:21:43
  them on internationalflavor.com for when I get
• 1:21:47
  back tomorrow and we will merge the two
• 1:21:49
  shows together into one for you.
• 1:21:52
  Or I'll just call this part one of
• 1:21:54
  the Saint Petersburg International Economic Forum analysis.
• 1:21:59
  But later this week we're going to get
• 1:22:03
  to his questions.
• 1:22:04
  We're going to get to Zakharova and that
• 1:22:08
  was an important deal when we get to
• 1:22:10
  her.
• 1:22:13
  I've got some practical answers.
• 1:22:19
  Let's see if we can find the Egypt
• 1:22:22
  question, Ukraine, peace, what prevents long-term peace.
• 1:22:28
  There are so many questions and I want
• 1:22:30
  to show the one question from the Green
• 1:22:35
  Goblin where he said what he was going
• 1:22:39
  to say, I believe.
• 1:22:41
  Here it is.
• 1:22:44
  The question.
• 1:22:45
  During the Spiff plenary Q&A, the moderator
• 1:22:48
  asked Putin about Zelensky's open letter.
• 1:22:51
  The letter included what I've read to you
• 1:22:54
  before.
• 1:22:55
  Putin's answer.
• 1:22:55
  Here's his answer.
• 1:22:57
  He addresses the personal insults.
• 1:23:00
  He says Zelensky mentions his age.
• 1:23:03
  Putin responds that age matters, but what matters
• 1:23:06
  more is capacity and the ability to work.
• 1:23:12
  It means you have to have the work
• 1:23:15
  ability and he says some older political figures
• 1:23:19
  are quite energetic.
• 1:23:21
  Then he addressed his time in power.
• 1:23:23
  Putin says leaders should go to elections and
• 1:23:25
  act within their constitution.
• 1:23:27
  And he said outside of the constitution, people
• 1:23:30
  usurp power, which is a criminal offense.
• 1:23:34
  And this is a direct shot at Zelensky
• 1:23:36
  himself being legitimate.
• 1:23:37
  He addresses the guarantors of this.
• 1:23:40
  He says Zelensky reacts to Anchorage understanding what's
• 1:23:43
  real guarantors.
• 1:23:44
  Putin asked why Zelensky rejects what Trump offered.
• 1:23:49
  He mocked the Oval Office episode, said that
• 1:23:52
  Trump educated Zelensky in front of the whole
• 1:23:54
  world by pointing out a dress code.
• 1:23:57
  And he joked that playing Rambo first blood
• 1:24:00
  can be appropriate somewhere, but not everywhere.
• 1:24:03
  We'll get to this directly tomorrow.
• 1:24:05
  Then he became serious.
• 1:24:06
  Okay.
• 1:24:07
  And I wish that, you know, this it's
• 1:24:08
  a very long part.
• 1:24:11
  And at the very end, he pivots to
• 1:24:13
  the Russian soldiers and saying, you know, and
• 1:24:15
  this was a long exchange between these two
• 1:24:17
  when they asked him about it.
• 1:24:19
  And he said, here's a direct quote.
• 1:24:23
  Comrades, soldiers and sailors, comrades, sergeant majors and
• 1:24:28
  warrant officers, comrade officers, admirals and generals, the
• 1:24:32
  whole country is watching you.
• 1:24:35
  The whole country is proud of you and
• 1:24:38
  places its hope in you.
• 1:24:41
  Work, brothers.
• 1:24:42
  Now that work, brothers, the robot did you
• 1:24:44
  brought him is a statement that came from
• 1:24:48
  a very popular song.
• 1:24:50
  That song you cannot find.
• 1:24:53
  And he was quoting that song.
• 1:24:55
  I guarantee it.
• 1:24:56
  But you cannot find that song on YouTube
• 1:25:00
  anywhere.
• 1:25:02
  You go look for it.
• 1:25:03
  Every song you can find.
• 1:25:04
  I mean, Russian songs, I find them all
• 1:25:06
  the time.
• 1:25:07
  I played that one for you earlier.
• 1:25:08
  But you go try to find the one
• 1:25:10
  by what is her name?
• 1:25:12
  Let's see if I can find it for
• 1:25:14
  you, because I did earlier.
• 1:25:16
  And it's called West Wind, if you can
• 1:25:19
  find it.
• 1:25:20
  And let's see by Sandra Mantica.
• 1:25:26
  Sandra Mantica has a song, but they don't
• 1:25:30
  put the whole thing on there.
• 1:25:32
  And she has several songs in there.
• 1:25:35
  But you have to go to her Facebook
• 1:25:37
  to see them.
• 1:25:40
  And it is, you know, I'll download it
• 1:25:43
  for you and play it for you tomorrow.
• 1:25:45
  We don't have time for it today.
• 1:25:46
  There isn't any time left in the show.
• 1:25:48
  But I appreciate you listening to the show.
• 1:25:50
  If you tune in tomorrow, we're going to
• 1:25:52
  continue on this topic.
• 1:25:53
  I want to get to Maria Zakharova and
• 1:25:56
  the takedown that she conducted in her own
• 1:26:00
  press conference last Thursday about starter bills.
• 1:26:04
  And that was awesome to watch and very
• 1:26:08
  enlightening.
• 1:26:09
  And if you really want to know events
• 1:26:10
  in the world, listen to International Flavor with
• 1:26:13
  Samuel Trapp every morning, 730 to nine a
• 1:26:16
  .m. on damn radio dot com forward slash
• 1:26:19
  live.
• 1:26:19
  Or you can go back to International Flavor
• 1:26:22
  dot com and get all past shows.
• 1:26:24
  Appreciate you being here.
• 1:26:25
  Have a good day.