tv Sophie Co RT September 17, 2018 5:30pm-6:01pm EDT
the current u.s. trade war against china is putting the global economy and the world order at the test so which side has more to lose i ask bonnie the former head of the un security council here at the european house i was at the forum. the center of gravity for global politics is shifting again with america's economic engine beginning to split up the european jug an old way don't buy into. the future is there for the taking for china and india how long before a shift to the east is accepted as reality can the west still adapt to the full control slips out of its hands and what will a shift in economic world look like. when it's really great to have you on our show today welcome so lots to talk about we're going to start with your book you believe that western global domination is over your latest book that we have displayed here actually tell of has the west lost it a provocation so i have a couple of questions regarding the title right away why has the west lost it. to
whom has it lost it and what has that lost the the knowledge the understanding of the global processes or. the economic life and domination well the answer the question whether there with this last is. no or not yet because i fear that the west which has been in many ways the most successful civilization ever in human history or to a thing so much power or wealth and also ideas that have transformed the womb is no sadly on the way of losing his place and that's a result of many strategic mistakes that were made. especially the end of the cold war when after they defeated the soviet union without firing
a shot is it with the end of history we have arrived we don't have to change we don't have to adapt and the mistake they made was that the west went to sleep at precisely the moment when china and india were waking up. and the reason why significant china and india we know is because from the year one through the year hundred twenty four eighteen hundred of the last two thousand years the two largest economies of the world always those of china and india but you have said that the western powers don't quite understand that china and india are taking over economically but this has been a common knowledge for quite some time now i mean i'm sure that the western leaders do realize that i mean by some measures china has already overtaken the u.s. it's happening right now yes so it's not like they can't acknowledge the process
i'm sure they see it and understand it or i think they can pay lip service but there are understand it deep in their guts that the world has changed again there is iowa there is a given a simple example i mean the two most important global economic organizations are the international monetary fund and the world bank i.m.f. and world bank two to did you have a room this is to become the head of the i.m.f. you must be a european to become the head of the world bank you must be an american and asians which make up the vast majority of the world's population and we have the most dynamic economies in the world today don't qualify to run the i'm f. in the world bank that's a sign of resistance to the idea that they no have to share power system numbers and supremacy well i think it's a combination. of the western mind is
a very troubled mind and that's why they voted for populists like donald from or hooting for extreme right parties in europe because the in their minds are very troubled in norway. their era of domination is coming to an end by they cannot accept it psychologically they cannot accept it emotionally and therefore they're resisting it and that's why they're confused so my book is an effort to help them understand how they can adjust and adapt to a new world and actually create a better world in the process and just in terms of keeping the leaders are i just in terms of accepting the world as it is and multipolar well i originally in my book has the west last to conclude the book by giving the west what i call my three m. l. advice and three m. three m. words the first is minimalist now the west continues to
intervene in the affairs of so many countries around the world i'm saying stop it and even a relatively peaceful president like barack obama in the last year of his a ministration the united states dropped twenty six thousand barbs on seven countries why why are you bombing at the country's stop and then the second hand word is marty lateral and here frankly all these multilateral institutions the un the i.m.f. the world bank the world trade organization are western gifts to the world so the west should be strengthening for example w.t. you know the united states is undermining the w.t. you very unwisely by the third word of course is one that surprises the west's
i advised the west to be machiavellian. to come clean it's orne interests so for example europe europe's problem is that africa's population which used to be half that of europe is now double that of europe by twenty one hundred would be ten times the size of europe so europe should focus on africa. and who can help europe never china so europe is going to work with china instead of opposing china because america because of china if you don't mind we're going to go through all three of those adams step by step but we'll start with trump. you mentioned w t o he wants to pull america out of the w here he was skeptical of their concessions from the very beginning when he became president if that actually happens if america is out of there we're going to zation what would that mean for w t o and for the global economy here actually are some good news for you. the good
news is the rest of the world won't carry on with w t o with or without the united states and just a few days ago i had a conversation with mr pascal lamy the former head of the word biggio for many years and he said kishore the wu can carry on without the united states and the unitas is surprisingly will pay a price if it leaves the deputy oh so this is where i think the united states should think very carefully because at the end of the day if you want to curb some of the unfair trade and economic practices of china and some of them are unfair clearly then he used to do you to change china's behavior. you mention that your book will help the west and america as well to somehow adjust to the changing world here but right now the current merican political climate
everything is based on patter to them and the america comes first and that's causing so much traction what would it take for america to realize that they're not number one anymore well i mean sadly i i i speak i'm not anti american i actually speak as a friend of america and i want to help america adjust to this new world and frankly it's a world that america can live comfortably in because americans will continue to do well in this large globalizing economy with rising asian economies but it just got to give up is desire to domini it the world and dominate the planet and i think most americans if you give them much sensible choice you know do you want to really continue domination and pay a heavy price or do you want to have a good life for citizen because in my book i give
a very shocking statistic which is that two thirds of american households do not have five hundred dollars in emergency cash. that's crazy you know why your population doesn't have money and you burning money maintaining thirteen aircraft carriers around the womb why why do you change your policies and do something that is good for the american people and good for america in the long room if you take the last two presidents for instance barack obama which you mention and it was a very peaceful president and he came with a message of peace but that he was obliged to do so many interventions this record is that president doesn't always decide it's to establish this right if you look at trump here he clearly came became president on this new wave of players wanting to live better within america and not really care that much about the rest of the world because that's overseas for them and doesn't take care of their problem of
having less than five hundred dollars and security caption but then trump came when he can't do the things that he wants to do you he has a list abolitionism when you say americans should realize what who who are they americans because the people clearly want what you're saying the last two presidents wanted a change but it is not like they were able to do much well i mean you're absolutely right i mean the thing that i find very tragic about the united states of america is that it has the world's best universities there was bess strategic think things there was strategic thinkers in terms of being well known. as the worst strategic thinking it's a great paradox. i think the americans haven't understood the american establishment especially because the american establishment has been going on over to pilot for example recommending intervention countries
like syria when it serve new vital national interests of america to be involved in syria why. so clearly there needs to be a revolution in the thinking of the american establishments because one of the things that my book. is that there's a disconnect between what the american establishment is trying to do and what the american people want and because the american people the north by the establishment they voted for trump as a protest for against the establishment and the establishment has and notice that we're going to take a short break right now when we're back we'll continue talking to kish our mahbubani former president of the u.n. security council talking about the new world order say with us.
when we all make its manufacture consent to public wealth. when the ruling classes to protect themselves. in the final merry go round be the one percent. going all middle of the room sick. i mean really really. you know world of big part of the law and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever
we need to be smart we need to stop slamming the door. and she. it's taller for critical thinking it's time to fight for the middle for the truth the time is now for watching closely for watchers the hawks. like the junk food companies that also but rather just so they get you to give you diarrhea and then they have to care for diarrhea so the cycle of family they get you have got there when they try to give you the cure for have never been on the care for. that nonsense that occur and. the ability to keep you locked into a perpetual life long dystopian hero when. this wall. life.
then we're back with a sure mahbubani former president of the un security council professor author of visionary mr mahbubani what sort of what you what he wants to do and i mean the big topic kerry's obviously china. one of trump's election promises was a fairer trade for the united states so right now he wants to impose another cent set of import tariffs of two hundred billion dollars in chinese goods this would actually be very harmful for americans why do you think he's doing that. well i mean sadly i spoke to one of the leading trade economists in the world when i was in harvard university. in february this year he said to me kishore donald
trump doesn't understand the basics of trade economics he thinks like a business man a deficit is a loss a surplus is a profit that's rubbish right all countries in the by the theory of international trade even if you have a deficit you are actually benefiting because you're buying a product at lower cost from somebody who can make it cheaper and better then you can do an objectively or did you put all the factors in america is actually there were the biggest beneficiaries of the current trading order it has a surplus in services right it doesn't measure that more importantly more importantly the u.s. dollar is the global reserve currency so this means the chinese workers have to
trade the four hours a day very odd to many factor things to sell to america. how does america people if it brings dollars come on you getting a very good trued you print dollars you're getting hard workers for ducks but really goes benefiting so what is most sophisticated americans know that america is benefiting enormously from the current system and therefore the one dangerous thing that donald trump is doing is that he's giving the rest of the world an incentive to move away from the u.s. dollar and if the rest of the world moves away from the u.s. dollar the impact on america be disastrous because you can no longer print dollars to buy products i don't think you quite things in that light i think for
him lay the primary goal is to undermine china he made no secret of that from day one when he came so i was actually reading this analysis from from berkeley an analyst and they're saying that this war on terror is actually would be more detrimental for china than for america's china's economy in much more dependent on exports than it is then the american economy so maybe this strange tactic that a lot of people don tactic that a lot of people don't understand we have a troll is actually justified in the long term if he wants to undermine china well i mean you're right maybe maybe you might succeed but believe me. it is a fact that there are the pain for america will be pain for china let me ask you a simple question is it easy for democracy. to accept pay or is it easier for an authoritarian government like china to accept pay and the chinese
population as far as i know i spent two months there in shanghai recently he strongly supportive of the chinese government saying if america is trying to bully us we will pay the price we will carry on so i think it's a big mistake to underestimate chinese resolve in these areas of course china is going to pay a price by in the long run china cannot afford to be seen to be weak in the face of such precious trying know who stand by contrasts as you know donald trump is going to face a very difficult lections in november and then if he doesn't badly in november he'll be so distracted by the domestic issues the trade war in which i now be put aside but do you deal understand where he's coming from when he wants to undermine china economically and militarily because he feels threatened by china
and g.n.r. stan what he's doing that is a we're just tired anyway i think i always see in that sense. if you want to understand his thinking you got to read the writings of steve bannon . and steve vernon actually believes that america should be number one forever china's about to overtake we must undermine china and there is actually a strong school of thought in washington d.c. who believe that america should try to undermine and prevent china from overtaking it but it cannot be done it's a mission impossible china just by this year laws of mathematics with a population that is four times the size of the united states of america if you think the average chinese even is even half as smart as the average american china will
have an economy which will be twice the size of america and as you know the chinese race mart has any what hear us and the mistake that these american thinkers are making is thinking that this last century's right of western domination is normal actually as i said it was an aberration because from the year one to the year it hundred twenty the two largest economies were always those of china and india so this aberration has to come to an end and you cannot fight for what i think is it because presidents come and go and then with every new president there's a new course of action here this approach towards china detail actually perish with trump or is it a long term strategy for america now well i am actually writing a book on that subject this year on u.s.
china relations because history teaches us that whenever there was number one emerging power which is china is about to overtake there was number one power in economic size and scope to happen in the next ten years then. there will be a maximum amount of tension and friction between us and china that's coming the question is how you manage it and i'm hoping with my book to give both america can china advice on how to manage this transition well because we now live in this is a very bottom point we now live in a small into dependent plan that he would have to go to you only a plan that he and with climate change becoming a serious problem we all have to work together to save earth so i'm going to point to the common interests that china and america and russia and india and
everybody holds have in making sure that we can continue to grow economies we can continue to improve the lives of our people without having to go to war with each other or without having to fight each other those nineteenth century games need no longer be played in the twenty first century so talking precisely about that and another from the three m's you written that western elites do not understand that they need to be more prudent and non interventionist me has ever into mention of their professions. and you could understand from the intervention of two thousand and three that the consequences were disastrous now you just shouldn't do it anymore over and over again but the truth is that strategy that course of action of western interfering into other people's affairs is still on the table and going pretty strong and i do not believe that is because western leaders are stupid
or people who don't have a sense of understanding or reason so i just don't understand why because i understand as are smart people understand that this doesn't work and it's been proven that it doesn't work but it is still happening and it is an official. well you know action why it's very hard to give up habits of two hundred years old navigating hard or have is die hard exactly and for example the british french intervention in libya was a disaster right the result of the british french intervention in libya was a flood of migrants into europe and then it led to the rise of far right parties in europe it shows you the dangers of intervention the villages why it is actually very puzzling and i completely appreciate your question that these societies that have produced the best thinkers for so little have completely lost the art of to
digit thinking and i can tell you one point in my make in my book that every time the united states intervenes an invasion of her country for example it intervention in iraq was a geopolitical gift to china to give china ten three years to keep growing while america was busy fighting a war and in that decade or something remarkable happened in the year two thousand united says g.n.p. normal market terms of eight times the size of china by tween by last year it was only one point six dives so while america was busy fighting wars china is busy growing is economy and that shows the strategic stupidity of the united states but then on the other hand i mean do you blame the westerners for. feeling so superior about their systems because this standards of living in europe or in
america are light years ahead if you compare it to any other country in the world. well you haven't been to japan and singapore that that's a. no no actually you find in. the most important thing a society needs is to provide hope for its young people. and it is a societies where the young people who are the most often mystic are the happiest societies of planet earth and trust me if you're looking for off to ms a among young people don't come to europe and if you're looking for the missing young people today don't even go to america because americans are also very troubled about their future which is why they would have a dream if you want to come to find the most of the mystic populations come to asia come to china come to india come to indonesia come to solve these asia and you find
incredibly optimistic young people so clearly in terms of the not where you are two d. but where you will be to morrow it's very hard to be the of the prism of a show but do you feel like westerners shared to completely give up on interventions because obviously an international like iraq or libya like you said with no plan of action what happens after the intervention brought disastrous results for everyone including western countries but then there is intervention like mali intervention that actually prevented a more disastrous result on the ground should we say no to interventions all together or surely you know maybe she's in peak where we can do and here we can't my second term would cause multilateral and then give us two exhibits ok. there were two interventions in iraq one by father bush one by son bush father
bush then secretary of state james baker to over one hundred countries to get support for un resolution it was illegal war and the wall will support it the sun bush went ahead and i was in the security council in two thousand and one two thousand and two sitting next to sergei lavrov for two years. and that war was against the opposition of the international community and that's why it was a disaster so i say yes doing to lean but followed the international rules for intervention which is get security council approval before you intervene. thank you so much for this wonderful interview inside i really recommend all of you to rate. raising land and hopefully will get it if you clear pleasure.
in twenty forty you know bloody revolution of you tube clip the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it. i mean your list put me in the. school a needle the former ukrainian president recalls the events of twenty four g. and. those who took. invested over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. grim memories ten years ago the start of the great recession began a political reassessment and field on
a sense of anger and resentment across the western world then don't trump entered the picture this in much more uncrossed. rather financial for. bible god stacee let's learn a salad fill out let's say i'm not sure i get any earthly grease on bank of the fight wall street spot thank you for helping. destroy that's true. that slavery.
in turkey agreed to form a demilitarized zone between syrian government forces and militants in italy with moscow saying series operation against terrorist will be put on. the russian defense ministry tracks the serial number of the missing link by the official investigation for the downing of the mh seventeen boeing with these top secret documents unclassified of course for the sake of the probe the rocket to ukraine's forces.
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