Corona: Putins dire warning for humanity

I notice that Putin regularly states how bad the effect of the "pandemic" is on the various areas of human endeavor, but he NEVER says how bad the pandemic is itself. It seems to me that he knows that it is a fake pandemic, that it has been used to create the situations he describes, or at least make them worse.

That is very much how it looks to me as well. He also regularly gives hints in that direction for those with eyes to see although mostly in a very strategic way.
 
The best in-depth analysis of Putin’s extraordinary speech , hands down, was provided by Rostislav Ishchenko, whom I had the pleasure to meet in Moscow in 2018.

Ishchenko stresses how, “in terms of scale and impact on historical processes, this is steeper than the Battles of Stalingrad and Kursk combined.” The speech, he adds, was totally unexpected, as much as Putin’s stunning intervention at the Munich Security Conference in 2007, “the crushing defeat” imposed on Georgia in 2008, and the return of Crimea in 2014.

Ishchenko also reveals something that will never be acknowledged in the West: “80 people from among the most influential on the planet did not laugh in Putin’s face, as it was in 2007 in Munich, and without noise immediately after his open speech signed up for a closed conference with him.”

 
It was clear that Schwab was nervous before Putin's speech. Klaus clearly did not know what he would say, but he really needed to know Putin's opinion. After all, Putin was invited to this forum after a 10-year hiatus and despite endless accusations of poisoning, cyber attacks, etc.
Why?
One critical factor. According to Schwab himself, the great reset will not happen if there is no global transition to these rails. They need a unipolar world. And if at least one of the significant countries for some reason has the courage and the resource to go against it, everything will fall apart.
Putin gave a clear answer that Russia is not in their game!

Makes some sense. Russia to Global Reset could act in the same way as Sweden did to the plandemic.
 
He is the most intelligent politician in this planet now. He has the sense of History, learned from History, from the past. He is cultivated, in that sense also. Compare him with the rest! We have puppets instead of real men. Ignorant politicians, idiots. Putin is different. How proud I would be to have him as my president.
 
Meanwhile, it seems like Putin and Co. are trying to enforce/recommend a return to normality by August of this year (not only for russia), in contrast to what most "Experts" and rulers are telling the populations (that years will pass before any sort of normality might even be possible). As expressed here, I think that there is a good chance that that move is part of a long term strategy of the Russian government which started with a strategic toeing of the line (following along) of the corona madness, which created a situation that enabled them to establish some wiggle room to maneuver, to not enforce more general Lockdowns etc.

I think they were also so fast with the first vaccine worldwide for the Coronavirus (at least partly) for a similar reason: to create a defense against pressure and accusations when they soon will try to start to go back to normal. Sort of like: "See; we have done everything in our power and went even beyond that in the fight against the Virus and it has worked; Now we can start to go back to normal and if you try to argue against it: We have done everything that was recommended, so don't try to tell us we can't".


 
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I was reading the letter from Paul tonight about love and this quoted part below really made me think of Putin. I was like this is Putin from all I've observed and read about here on the forum the last number of years from following along. It seems to me that Vladimir Putin lives or embodies love as Paul is describing in this part (I could basically highlight all of it in bold):
Love endures long and is patient and kind; love never is envious nor boils over with jealousy; is not boastful or vainglorious, does not display itself haughtily.

It is not conceited – arrogant and inflated with pride; it is not rude, and does not act unbecomingly. Love does not insist on its own rights or its own way, for it is not self-seeking; it is not touchy or fretful or resentful; it takes no account of the evil done to it – pays no attention to a suffered wrong.

It does not rejoice at injustice and unrighteousness, but rejoices when right and truth prevail.

Love bears up under anything and everything that comes, is ever ready to believe the best of every person, its hopes are fadeless under all circumstance and it endures everything without weakening.
Love never fails – never fades out or becomes obsolete or comes to an end.
No wonder none of those in control or that have power in the world, both the ones we see and the ones we don't, can't understand him, neutralize him and Russia, and figure out exactly what he might do. They have absolutely no love. And although Putin acts strategically and has to make hard real life decisions, such as entering war in Syria, I think all of his actions are based in this love Paul describes.

I think others are seeing this...
Some sensitivity, awareness and gentleness. This is the human side of Putin. Then there is the political side, the intellectual and the historian side of him, and much more, a great teacher in fact.
I can't help but feeling awed by his speeches, especially his patience and perseverance when addressing other nations and ever-repeating his call for working together and appealing to higher principles - and that in the presence of someone like Schwab! Imagine talking about acting in accordance with moral principles when faced with the general PTB crowd. Putin must know well that his words won't fall on fertile ground with the PTB's puppets, but he's saying and he keeps reiterating it nonetheless. If he's truly aware of what's really playing out on this BBM, then it must be all the harder to deal with all the depravity he's meeting in the unresponsiveness of other governments. I always like to think how his relentless efforts will earn him a huge heap of 'extra points' in the next world.
It was clear that Schwab was nervous before Putin's speech. Klaus clearly did not know what he would say, but he really needed to know Putin's opinion.
He is the most intelligent politician in this planet now. He has the sense of History, learned from History, from the past. He is cultivated, in that sense also. Compare him with the rest! We have puppets instead of real men. Ignorant politicians, idiots. Putin is different.
Even some of those in the 'elite' class may also see it.
“80 people from among the most influential on the planet did not laugh in Putin’s face, as it was in 2007 in Munich, and without noise immediately after his open speech signed up for a closed conference with him.”
It might be speaking too highly of Schwab to consider that he might respect and not fear Putin, but I'd imagine over the last 15 to 20 years that Putin has earned a lot of people's respect, even if many of them can't or won't say so given the politicians/'children' Putin is dealing with and that there are even more powerful 'children' behind the scenes that have and are pushing for more and complete control of the world, which in turn leads to more chaos, as discussed in the 30 Jan 2021 session.
As expressed here, I think that there is a good chance that that move is part of a long term strategy of the Russian government which started with a strategic toeing of the line (following along) of the corona madness
I think so too. It brings to mind this video, though it may be too early to say it, but could be 'Classic Putin'!?
One critical factor. According to Schwab himself, the great reset will not happen if there is no global transition to these rails. They need a unipolar world. And if at least one of the significant countries for some reason has the courage and the resource to go against it, everything will fall apart.
Putin gave a clear answer that Russia is not in their game!
It is interesting to think about that if the world does continue down this dark path it is on, chaos really takes hold with things starting to fall apart, and Putin and Russia are able to maneuver successfully to that point, then, if people of the world respond to the chaos and push globally and relentlessly for change, then there may be a window where the people of the world and even some or all of the 'rulers' of the world turn to Putin to figure things out. I figure the 'rulers' would still play their 'childish' games, but maybe that could be dealt with as well.

I think in short Putin is a man or adult interacting with children, who have no semblance of love whatsoever, and it is leading the world and people into great peril. I think Putin knows that and maybe down the line, if he keeps faith, hope and love, that he will be called upon to an even bigger stage.
When I was a child, I talked like a child, I thought like a child, I reasoned like a child; now that I have become a man, I am done with childish ways and have put them aside.
And so, faith, hope, love abide; these three, but the greatest of these is love. (1 Corinthians 13:1–13)
Let's hope and have faith that love never fails in this case.
 
I couldn’t quote, don’t know why. Here is the quote from Pashalis post (Putins speech):
“However, some experts – and I respect their opinion – compare the current situation to the 1930s. One can agree or disagree, but certain analogies are still suggested by many parameters, including the comprehensive, systemic nature of the challenges and potential threats.”
Personally, I feel the same. The tension in the world, “quasi-peace” state - everything is similar to what I read about the moods of people living in 1930’s, especially the second half. They felt that something is coming, but they did not believed that something bad as war. I don’t think we will end up with war this time, but maybe something different. I also feel that this resonate with what C’s said: That the WWII and actions at that period was just a test.
 
I think the difference between a speech like this from Putin versus the leader of any other western nation is that it spells out the current situation and the real problems we are facing as an international community without any sugarcoating. Even if it is dire, it is still refreshing because it's real. How many western leaders (including the sub-level provincial leaders) have given a speech or two in the last 12 months along the lines of 'Yes fellow XYZ'ers, we face many challenges and hurdles over the next few months. But we are XYZ'ers! We are strong and capable and this is just one more test! We have courage and united we shall prevail!'

Speaking the truth may not be vote-winning, but I would respect any leader who had the slightest courage to explain things as they are.
 
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It was clear that Schwab was nervous before Putin's speech. Klaus clearly did not know what he would say, but he really needed to know Putin's opinion. After all, Putin was invited to this forum after a 10-year hiatus and despite endless accusations of poisoning, cyber attacks, etc.
Why?

Russian economist Khazin said that Schwab had no choice but to include Russia in Davos meeting, because it was clear to everyone that it wouldn't be possible to ignore Russia's influence after the Great Reset, and they wanted to hear what Putin had to say.

That is very much how it looks to me as well. He also regularly gives hints in that direction for those with eyes to see although mostly in a very strategic way.

Well, this is when it gets interesting.

During Davos meeting Putin said that Russia has a plan (vision of the future). Khazin says that the plan involves Russia's survival and even prosperity if and when current (liberal) economic system will be replaced.

And that's the thing, that Russia's survival is indeed possible only if current liberal economic system (controlled by IMF) will be replaced. Khazin said that despite everything that Putin does, liberal economic powers are pretty much in control in Russia, and unless this will be changed, Russia will face the same dire situation as the rest of the World.

According to Khazin at the moment current government doesn't have any real plan. They plan on working on the anticrisis plan, but he believes that due to this strong control, there is no chance that any viable plan will be created.

So what's up with that, and why Putin said that Russia does have a plan? Khazin's theory is that either Putin is bluffing, or Putin's team does have a plan, or knows people that can creates such a plan in a very short time, but for now it is being kept close to the chest until the right moment. But apparently the time is very short, and there are only 3-4 months left before the economic system will begin to fall, unless something will be done. fwiw.
 
Putin will never bow down to NWO dictates. That we can tell for sure. Especially after the Russian intervention in Syria.

I have a feeling that his fight against the globalist oligarchy has just begun. The Great Reset poses a very serious threat to any sovereign country. (There aren't many left) Russia falls or becomes the beacon of the new Free World. The coming months / years will undoubtedly turn out to be very interesting.

Buckle up and enjoy the show. (Try to at least)
 

Great Reset? Putin Says, ‘Not So Fast’​



by Thomas Luongo

Did you happen to catch the most important political speech of the last six years?

It would have been easy to miss given everything going on. In fact, I almost did, and this speech sits at the intersection of nearly all of my areas of intense study.

Vladimir Putin speaking at World Economic Forum virtual conference

Russia’s President, Vladimir Putin, speaking at the virtual conference hosted by the World Economic Forum / Screenshot: Reuters, YouTube.com


The annual World Economic Forum took place last week via teleconference, what I’m calling Virtual Davos, and at this year’s event, of course, the signature topic was their project called the Great Reset.


But if the WEF was so intent on presenting the best face for the Great Reset to the world it wouldn’t have invited either Chinese Premier Xi Jinping or, more importantly, Russian President Vladimir Putin.

And it was Putin’s speech that brought down the house of cards that is the agenda of the WEF.

The last time someone walked into a major international forum and issued such a scathing critique of the current geopolitical landscape was Putin’s speech to the United Nations on September 29th, 2015, two days before he sent a small contingency of Russian air support to Syria.

There he excoriated not only the U.N. by name but most importantly the U.S. and its NATO allies by inference asking the most salient question, “Do you understand what you have done?” having unleashed chaos in an already chaotic part of the world?

As important as that speech was it was Putin’s actions after that which defined the current era of geopolitical chess across the Eurasian continent. Syria became the nexus around which the resistance to the “ISIS is invincible” narrative unraveled

And the mystery of who was behind ISIS, namely the Obama administration, was revealed to anyone paying attention.


President Trump may have taken credit for beating ISIS, but it was mostly Putin and Russia’s forces retaking the Western part of Syria which allowed that to happen, while our globalist generals, like James Mattis, did as much damage to Syria itself and as little to ISIS as possible, hoping to use them again another day.

And regardless of whether you agree or disagree with the U.S.’s policy in Syria, which I most definitely do not, it is hard to argue that Russia’s intervention there fundamentally changed the regional politics and conflicts for the foreseeable future.

It was the beginning of the voluntary disconnection of China, Russia and Iran from the West.

For standing athwart U.S. and European designs on consolidating power in the Middle East, Russia has been vilified in the West in ways that make the indoctrination I received as a kid growing up in the Cold War look like vacation advertisements for spending the summer in Crimea.

But it is that strength of purpose and character that has defined Putin’s two decades in power. He’s done wonders in rebuilding Russia.

He’s made many mistakes, mostly by first trusting American Presidents and second by underestimating just how arrogant and rapacious the leadership in Europe is.

That said, he’s now reached his limit, especially with Europe, and he’s set a firmly independent path for Russia regardless of the short-term costs.

And that’s why his speech at the World Economic Forum was so important.

Putin hadn’t spoken there for nearly a decade. In a time when WEF-controlled puppets dominate positions of power in Europe, the U.K., Canada and now the U.S., Putin walked into Virtual Davos and dumped his coffee on the carpet.

In terms I can only describe as unfailingly polite, Putin told Klaus Schwab and the WEF that their entire idea of the Great Reset is not only doomed to failure but runs counter to everything modern leadership should be pursuing.

Putin literally laughed at the idea of the Fourth Industrial Revolution – Schwab’s idea of a planned society through AI, robots and the merging of man and machine.

He flat-out told them their policies driving the middle class to the brink of extinction over the COVID-19 pandemic will further increase social and political unrest while also ensuring wealth inequality gets worse.

Putin’s no flower-throwing libertarian or anything, but his critique of the hyper-financialized post-Soviet era is accurate.

The era dominated by central banking and the continued merging of state and corporate powers has increased wealth inequality across the U.S. and Europe, benefiting millions while extracting the wealth of billions.

Listening to Putin was like listening to a cross between Pat Buchanan and the late Walter Williams.

According to him the neoliberal ideal of “invite the world / invade the world” has destroyed the cultural ties within countries while hollowing out their economic prospects.

Putin criticized zero-bound interest rates, QE, tariffs and sanctions as political weapons.

But the targets of those weapons, while nominally pointed at his Russia, were really the West’s own engines of vitality, as the middle classes have seen their wages stagnate, and access to education, medical care, and the courts to redress grievances fall dramatically.

Russia is a country on the rise, so is China. Once their ties are embedded deeply enough to stabilize its economy, so too will Iran rise.

Together they will lead the central Asian landmass out of the nineteenth-century quagmire that exists thanks to British and American intervention in the region.

Putin’s speech made it clear that Russia is committed to the process of finding solutions to all people benefiting from the future, not just a few thousand holier-than-thou oligarchs in Europe.



In a less confrontational address, Chairman Xi said the same thing. He gave lip service, like Putin, to climate change and carbon neutrality, focusing instead on pollution and sustainability.

Together they basically told the WEF to stuff the Great Reset back into the hole in which it was conceived.

I’ve followed Putin closely for nearly a decade now. I got the feeling that if he was speaking to a college-level political science class and not a convocation of some of the most powerful people in the world he would been laughed in their faces.

But, unfortunately, he understands better than any of us having been the object of their aggression for so long, he had to treat them seriously as their grasp of reality and connectedness to the people they ruled was nearly severed.

At the end of his planned remarks, Klaus Schwab asked Putin about Russia’s troubled relationship with Europe and could it be fixed. Putin pulled no punches:

“If we can rise above these problems of the past and get rid of these phobias, then we will certainly enjoy a positive stage in our relations. We are ready for this, we want this, and we will strive to make this happen. But love is impossible if it is declared only by one side. It must be mutual.”

I don’t get the sense from anything I’ve seen from the Biden Administration or the European Commission in Brussels that anyone heard a word he said.
 
Well, well... here we are. Remember the title of this thread "Putins dire warning for humanity", which was based on a speech Putin gave in January 2021? In which Putin warned, as follows:

"I would like to point out the negative demographic consequences of the ongoing social crisis and the crisis of values, which could result in humanity losing entire civilisational and cultural continents.

We have a shared responsibility to prevent this scenario, which looks like a grim dystopia, and to ensure instead that our development takes a different trajectory – positive, harmonious and creative."

So, it seems like Putin knew/saw what was planned. Putin warned about it and tried to prevent that scenario. Looks like Putin is preventing that scenario in russia (for now), but unfortunately, the entire west, and most especially Europe, seems to now openly pursue that direction which will likely lead to the loss of "entire civilisational and cultural continents"; Most especially Europe and the rest of "the west" but mainly also all the poor continents that are in the grips of "the west". In March I speculated that Putin might have known for a long time about a "great reset" type of scenario that "the west" is planning for the whole planet, and that Putin has now (with the Ukraine operation) openly declared that Russia will not go along with that devious plan while also encouraging any other nations, with the will to do so, to not go along.

In Putins latest historic speech (September 30, 2022), have you noticed this line in particular?:

"Our compatriots, our brothers and sisters in Ukraine who are part of our united people have seen with their own eyes what the ruling class of the so-called West have prepared for humanity as a whole. They have dropped their masks and shown what they are really made of."

So, the mask has dropped and continues to drop, and now we start to see what the Elites have planned for all of humanity, all along. A plan Putin probably knew for a long time, and then, step by step, Putin went about putting all the right pieces in play that allow Russia to not be a part of it. Aka: "The great Reset", countries thrown into chaos, deindustrialization, possibly even hoping that a lot of people die through it, or even basically forcing them back into the Middle Ages.

In case you missed it, Putin just gave another very interesting speech. Again, there are so many intriguing and interesting things in that speech that it is hard to highlight it all. It is also interesting to view what he says in that latest speech with the above background in mind. It also spells out what the PTB plan to do, not only in Europe, but the whole planet. He basically spells out their devious plans. I will try to summarize some key points from the speech (see below):

Russian Energy Week International Forum plenary session

Vladimir Putin spoke at the plenary session of the Russian Energy Week International Forum. The topic of the panel discussion is Global Energy in a Multipolar World.

October 12, 2022 14:15
Moscow

President of Russia Vladimir Putin: "Good afternoon, friends, ladies and gentlemen.

I would like to welcome all the participants and guests of Russian Energy Week, a respected and recognised platform for dialogue on key global energy topics.

Such direct and transparent communication is essential now, when the global economy in general, the fuel and energy sector are in the middle of, let me be direct, an acute crisis due to unstable price dynamics of energy resources, an imbalance in supply and demand, and the overtly subversive actions of individual market participants, who are guided solely by their own geopolitical ambitions, resort to outright discrimination in the market, and if that does not work, they simply destroy the infrastructure of their competitors.

In this case, I am of course talking about the sabotage of the Nord Stream 1 and Nord Stream 2 gas pipelines. There is no doubt that this is an act of international terrorism, the purpose of which is to undermine the energy security of the entire continent. The logic is cynical: to destroy and block cheap energy sources, hence depriving millions of people, industrial consumers of gas, heat, electricity and other resources and forcing them to buy all this at much higher prices. Forcing.

The attack on the Nord Streams has set an extremely dangerous precedent, which shows that any critical piece of transport, energy or communications infrastructure is under threat, regardless of its location, management or whether it lies on the seabed or on land.

It was proven by, well, it may not be the right place to talk about this, as Russian Energy Week is not directly related. However, I must say that it was proven by the terrorist attack on the Crimean Bridge committed by Ukrainian intelligence. I have already said that the Kiev regime has long resorted to terrorist methods, organising political assassinations, ethnic purges and crackdowns on civilians. They upload results on the internet, and then realise it was a mistake and immediately delete them. But the content stays online. They do not stop at nuclear terrorism either, specifically the shelling of the Zaporizhzhya Nuclear Power Plant, terrorist attacks near the Kursk Nuclear Power Plant in Russia and, of course, sabotage attempts against TurkStream.

I would like to repeat that there is solid documented evidence. These crimes were plotted and ordered by the end beneficiaries seeking instability and conflicts.

And who stands behind the sabotage against the Nord Streams? Clearly, those who want to completely sever ties between Russia and the European Union, to fully undermine and crush Europe’s political agency, weaken its industrial potential and seize the market. And, of course, those who – I want to stress it – have the technical capacity to organise such explosions and in fact have committed similar sabotage in the past and were caught red-handed but evaded punishment.

The beneficiaries are well known. I believe no specific details are necessary since the remaining gas systems will acquire greater geopolitical significance. They stretch across Poland (Yamal‒Europe), and Ukraine, the two pipelines that Russia once built with its own money. And, of course, the United States, which will now be able to supply energy resources at high rates.

As they say, in decent companies, this is “highly likely.” Everything is clear. It is obvious who stands behind this and who stands to gain.

Now it is possible to impose large volumes of LNG from the United States on European countries, LNG which is obviously less competitive than Russian pipeline gas. After all, the price of American LNG is much higher, and this was common knowledge before. Now the difference is even greater and there are additional risks. The risks lie in high instability – any supplies may float away to other countries. Incidentally, we watched this happen quite recently, when American tankers carrying LNG to Europe turned around halfway and changed their destinations because LNG sellers were offered a higher price elsewhere. They ignored the interests of their European customers.

I would like to recall who helped Europe at that time and sent additional gas supplies to the European market. It was Russia. However, the leaders of these countries prefer not to recall this. Moreover, they deem it possible to reproach us for being “unreliable.” Do we deny supplies to them? We are ready to ship and we are providing them with all the quantities, as agreed under our contracts. We are supplying them with all the contractual amounts. But if someone does not want to take our product, what do we have to do with this? That is your decision.

I have noted many times that the Nord Stream lacks any political background. It is a strictly commercial project, in which Russian and European companies take part on equal terms. Hence, Russia and our partners in EU countries should resolve the future of Nord Stream 1 and Nord Stream 2.

It is certainly possible to repair the damaged gas pipelines that run under the Baltic Sea. But this will make sense only if their further use is economically feasible and the safety of their routes can be ensured – this is the fundamental prerequisite.

If we come to an agreement with the Europeans to supply gas through the surviving branch – and one branch of Nord Stream 2, apparently, has survived… Unfortunately, we are not allowed to help inspect this branch, but the pipeline is holding pressure. It might be damaged, but we do not know this, because as I have said, we are not allowed to inspect it, but there is pressure, which means, apparently, that it is in working order. Its capacity is 27.5 billion cubic metres per year, which is about 8 percent of Europe’s gas imports.

Russia is ready to begin deliveries. The ball is in the EU's court. If they want to, they can just turn on the tap and that is that. I repeat that we are not restricting anyone or anything, and are ready to supply additional volumes in the autumn and winter period.

We have spoken more than once, including at the Russian Energy Week platform, about the causes and nature of the crisis that is unfolding in the European market, including their excessive enthusiasm over renewable energy sources to the detriment of hydrocarbons. Of course, alternative types of energy should be explored – solar, wind, tidal and hydrogen energy. We need to explore them all, but we need to take into account the current volume of consumption, the growth rates of the global economy, the demand for energy resources and the level of technological development. But jumping the gun, for political reasons, especially populist domestic policies – come on, who does that? But this is what they did – and here is the result. The same holds true for the curtailment of nuclear energy, as well as the rejection of long-term contracts in the gas sector and the shift to exchange quotations.

Incidentally, according to expert estimates, this year alone, the spot gas pricing mechanics have caused Europe more than 300 billion euros in losses – about 2 percent of the Eurozone's GDP. This could have been avoided if they stuck to long-term oil-linked contracts. You are all professionals and must understand what I am saying: the price difference between the spot market and long-term contracts is three- or four-fold. And who did it? Was it Russia? They did it themselves. In fact, they imposed this trading system on us. They have essentially forced Gazprom to shift, in part, to a link to the spot market, and now they are groaning. Well, it is their own fault.

It is clear how this problem of high rates will be solved. We have seen the same strategy being used with other commodity groups. They simply print more money. In the past year alone, the money supply in the EU has increased by around one trillion euros. The problem is what Europe is going to do with this money. Europe will, just like with other goods, including food, grab them and gas from the global market. As a result, other countries, especially developing countries, will have to overpay for these energy resources.

The resources that come to the European market are sold literally triple the price, as I have said, and this feeds inflation. It has already reached 10 percent in the euro zone. It is hitting ordinary Europeans as their electricity and gas bills have more than tripled over the past year. The European population is stocking up on wood for winter, like in the Middle Ages.

What does Russia have to do with it? They are constantly trying to blame others for their own mistakes, in this case Russia. I want to stress again that it is their own fault. It is not even a result of certain actions during the special military operation in Ukraine and Donbass. Absolutely not. It is the result of years and years of bad energy policy. Years and years.

Rising costs are crippling local companies. Some industries are experiencing production decline in the double digits. Deprived of affordable energy resources from Russia, European businesses have to shut down and look for better conditions in other jurisdictions. This process is underway.

I cannot help but quote some statistical data. According to EU statistics, exports to Russia amounted to 89.3 billion euros in 2021 and imports from Russia to 162.5 billion euros. The deficit in Russia’s favour is 73.2 billion euros. That is data for 2021. In the early months of 2022, this deficit increased to 103.2 billion euros.

What caused it? We sell our goods and we are ready to buy European products, but they refuse to sell them. They imposed embargos on several categories of goods one after another, hence the deficit. What does this have to do with us? They will blame us again. We sell what they want to buy – and at market rates. We are ready to buy from them but they will not sell. The deficit keeps growing, to repeat, through no fault of our own. Just do not walk away from cooperating with Russia. That is it.

I would like to note – as European officials at the highest level also mentioned – that European wellbeing in the past decades has been mainly based on cooperation with Russia.

The consequences of the partial rejection of Russian goods are already hitting the European economy and residents. But instead of working on restoring their own competitive advantage in the form of affordable and reliable Russian energy sources, the Eurozone countries are only making the situation worse, including by capping the price of oil and oil products from our country. But it is not only European countries; they are doing this together with North America, as planned, beginning December of this year.

I will quote the American economist, Nobel Prize winner Milton Friedman: “If you want to create a shortage of tomatoes, for example, just pass a law that retailers cannot sell tomatoes for more than two cents per pound. Instantly you will have a tomato shortage. It is the same with oil or gas,” end of quote. Let me remind you that Milton Friedman passed away in 2006. He had nothing to do with the Russian government and cannot be designated as a Russian agent of influence.

It would seem that these are truisms. But the leaders of some countries, their bureaucratic elites dismiss these obvious considerations, and, on someone else's command, are deliberately pursuing a policy of deindustrialising their countries, reducing people’s quality of life, which will certainly entail irreversible consequences.

It should be clearly understood that if the price of oil from Russia or other countries is limited, if some artificial price caps are imposed, this will inevitably worsen the investment climate in the entire global energy sector, then exacerbate the global shortage of energy resources and further increase their cost, and this, I repeat, will primarily hit the poorest countries. These inevitable consequences are plain to see. And experts, including world-class ones – I just gave you a quote – talk about it all the time.

No amount of intervention or the unsealing of oil reserves will remedy the situation. They simply do not have as much spare resources as they need – that is the whole point. They need to understand this eventually.

The fact is that aggressive promotion of the green agenda, which, of course, needs support, as I said, but it should be done right, so, the aggressive promotion of this agenda, including in the euro area, has led to underinvestment in the global oil and gas sector. Already. Meanwhile, the EU and the United States have imposed sanctions on leading oil producers, which make up about 20 percent of the global output.

As a result, in 2020–2021, investment in oil and gas production dropped to the lowest levels in the past 15 years. You see, it happened in 2020 and 2021, long before our special operation in Donbass. Investment was less than half of what it was in 2014 in the wake of what the so-called Western politicians did, and businesses underinvested by $2.5 trillion. I will come to that later: what does the OPEC+ decision have to do with it? The OPEC+ decision is designed solely to balance the global market. They have found their scapegoat in OPEC+. What does it have to do with anything? Clearly, to reiterate, they are simply covering up their mistakes. I will come to that later.

There is one more important point. Suppose the oil price cap is imposed. Who can guarantee that a similar cap will not be imposed in other sectors of the economy, such as agriculture, the production of semiconductors, fertilisers, or the metal industry, and not only with regard to Russia, but to any other country? No one can give such guarantees, meaning that with their reckless decisions, some Western politicians are breaking the global market economy and are, in fact, posing a threat to the well-being of billions of people.

The so-called neo-liberal ideologists of the West are known to have destroyed traditional values before, we all see. Now, they seem to have set their sights on free enterprise and private initiative.

As I mentioned earlier, Russia invariably fulfills its obligations in stark contrast to Western countries, which cynically refused to honour signed finance and technology, as well as equipment supply and maintenance contracts.

I am here to say one thing: Russia will not act contrary to common sense or underwrite someone else’s prosperity. We are not going to supply energy to the countries that introduce price caps. I want to tell those who prefer con jobs and shameless blackmail to business partnerships and market mechanisms – we have been living in this political paradigm for decades now – you should know that we will not do anything that disadvantages us.

We strongly believe that stability, balanced energy markets and a secure future for all nations can only be ensured through joint efforts in an open and honest dialogue based on the principles of joint responsibility and consideration for each other's national interests.

This is the kind of dialogue we have established with our partners under the OPEC+ agreement, as I have just mentioned. As you know, we recently reached the most recent agreements, which primarily reflect supply and demand trends for oil, as well as long-term investment programmes for the oil industry, which, as I have already said, is objectively underfunded.

In October, the quota for oil production in our countries will remain at the August 2022 level, and then it will be cut by 2 million barrels per day. We hope that these decisions will suit both oil producers and consumers. At the same time, the coordination between the OPEC+ partners will certainly continue to ensure the stability and predictability of the market. Experts know that predictability is the key issue.

Colleagues,

Russia is one of the key participants in the global energy market and among the world leaders in oil and gas production and exports, as well as electricity generation and coal mining.

Despite the sanctions and sabotage of infrastructure, we do not intend to cede our positions. We will continue to ensure stable energy security and expand ties with countries that are interested in this.

Oil production in Russia has already recovered and is even slightly higher than last year. We plan that by 2025, our total oil exports, as well as production, will remain approximately at today’s level.

There is something I would like to note. In recent decades, Russian oil production has been largely dependent on foreign equipment and services, but by 2025, we plan to increase the share of domestic equipment in the industry to 80 percent. That is, despite the Western companies leaving the Russian market (they are only making it worse for themselves), we will be able to ensure oil production at the required level.

As for Russian gas, we will certainly take our product to the international markets. Projects such as Power of Siberia and TurkStream have proven their effectiveness. We have the Blue Stream for Turkiye’s domestic market, and 14 billion cubic metres of gas are in transit to Europe via TurkStream. Not a lot, but still something.

Here is what I would like to say in this regard. We could move the lost volume of transit through the Nord Stream pipelines along the bottom of the Baltic Sea to the Black Sea region and thus make Turkiye the main route for the supply of our fuel, our natural gas to Europe and create a major gas hub for Europe in Turkiye, if, of course, our partners are interested in seeing this happen. It is an economically viable project with much higher safety levels as can be seen from recent events.

The high-tech LNG segment is making strides. Its production in Russia increased by almost 60 percent in August. In particular, the unparalleled Yamal LNG plant located in the Arctic latitudes is operating successfully. Our systematic measures to develop the Arctic’s resource base, the Northern Sea Route and the transport and icebreaker fleet have yielded good results.

We will continue to increase energy exports to fast-growing markets. Of course, we will be expanding the geography of our deliveries, identifying key pieces of infrastructure for doing so and building them, including promising projects such as Power of Siberia-2 and its Mongolian section Soyuz Vostok, as well as lining up the Asian and European segments of the national gas transmission system. We will continue to support LNG terminal projects. All of the strategic and very specific goals in this area have been set before the Government of Russia. I am sure they will be fulfilled.

We will continue the transition to settlements in national currencies when delivering Russian energy resources. I have already mentioned one such instance where Gazprom and its Chinese partners decided to switch to the ruble and the yuan in equal proportions when paying for supplied gas. Some European partners have also transitioned to payment in rubles for our gas, which you are well aware of as well.

Colleagues,

No doubt, Russia has been and will remain one of the global energy market’s major participants. However, our key goal is to make sure that the domestic fuel and energy complex works for the benefit of the national economy, primarily, its competitiveness, the development and betterment of our regions, urban and rural areas, and improvement of the quality of life of our citizens.

Increasing the volume of raw material processing is a separate strategic goal. We are already implementing ambitious plans in this regard, including projects in the Far Eastern Federal District to develop large- and small-scale oil and gas chemical plants. The number of such projects will increase markedly in the years to come.

The social programme for connecting households to the gas distribution system is gaining momentum. I am referring to towns and villages where the gas network is available. By the beginning of October, over 300,000 addresses had been connected.

At the same time, the cost of gas equipment and installation is a heavy burden on many Russian families; we have already spoken about this. First of all, we are talking about large families, veterans, people with disabilities, and low-income families. We definitely need to help them, and we will. What kind of help are we talking about? I ask the regional authorities to ensure the provision of subsidies for the purchase and installation of gas equipment to those who cannot afford it. The subsidy should be at least 100,000 rubles per connection.

I am aware that different regions have different financial means, so these subsidies in regions with a low level of budget security will be supported by federal resources.

I ask the Government to monitor the implementation of this measure to support families and assess whether any additional steps are needed.

We have made one more decision – we agreed to include schools in the social programme to link them to the gas distribution system. I think that the Government and Gazprom should add medical facilities such as outpatient clinics, hospitals and rural health centres to the programme in the near future – it would be the right thing to do.

This will ensure that the key social facilities in the regions – medical and educational centres – have a source of cheap and environmentally friendly energy, which is especially important for rural areas.

Overall, taking into account the number of new applications from households and the growing number of newly connected facilities, I ask the Government to extend this social programme beyond 2022.

One more thing. Despite the difficult economic situation and the external restrictions, the Russian energy system continues to be updated. This year, facilities with a total capacity exceeding 2000 megawatts were built or modernised.

Due to this systematic approach, we have been able to keep electricity prices in Russia at the lowest level in Europe. Let me remind you that energy prices in the EU have increased several times over this year alone.

Particular attention should be paid to improving the reliability of the electric grids. Special programmes have been launched this year to support the regions where the situation is the most difficult, and I ask the Government to start implementing them as soon as possible.

Friends,

The global energy industry is now facing unprecedented challenges and problems. The short-sighted and erroneous actions by a number of Western countries have been pushing the international community into this situation for years – I have already mentioned this, and I think I was quite convincing.

Effective and constructive ways out of the situation should certainly be the subject of thorough, professional, and depoliticised discussions, including at Russian Energy Week.

I repeat: Russia is ready for a trust-based partnership in the energy sector that serves the interests of our countries’ sustainable development and their reliable access to affordable energy. And we know that this approach is shared by the overwhelming majority of our partners and countries around the world.

I would like to wish you rewarding discussions and to thank you for your attention.

Thank you very much and all the best."

- Notice especially the word "international terrorism" and how Putin is using it! It seems to me that in the speech above, Putin, for the first time, clearly equates "international terrorism", not with ISIS or al-Qaida etc., but with the "USA" and their actions!!! BUT, even more interestingly, he uses the word "international terrorism" while not specifying explicitly who or what that "international terrorist" really is! I think that is very intentional, as everything else usually is that Putin says.

So ask yourself: why wouldn't Putin just come out now and call the USA "the international terrorist"? Maybe because he doesn't want to heighten tensions between the USA and Russia? Maybe, that is possibly a part of it, yes, but maybe he wants to also not specify/equate "the USA" with "international terrorist" because he knows full well that the real masterminds are elites of "international nature/power/reach" who use terrorism to blackmail and destroy and can't be pinpointed only in the USA like that? Maybe he is referring to Mossad (who might be at least partly responsible for blowing up the Nord Stream pipelines) and is suggesting that they, or rather, the global elite (of which Mossad is just one big part), are the real international terrorists, who are doing it for decades now? Also, I think Putin is intentionally using the words "international terrorist" for those with eyes to see and ears to hear (to let them know for example that he knows that ISIS etc. is basically the same as US/West power and that the same international terrorists are behind 9/11 for example) and also to leave the option open in the future to specify what he really means by "international terrorists". By the way, as you will see in Putin's speech above, the same international terrorists are the ones pushing that "great reset" and "green" agenda thing with a definite and devious plan (also see below).

- Putin says, that "the attack on the Nord Streams has set an extremely dangerous precedent, which shows that any critical piece of transport, energy or communications infrastructure is under threat, regardless of its location, management or whether it lies on the seabed or on land."

And that those "international terrorist" are now probably using that precedent to further their "great reset" plan everywhere and especially in Europe.

- Putin mentions the word "Middle Ages" in connection to Europe as follows:

"The resources that come to the European market are sold literally triple the price, as I have said, and this feeds inflation. It has already reached 10 percent in the euro zone. It is hitting ordinary Europeans as their electricity and gas bills have more than tripled over the past year. The European population is stocking up on wood for winter, like in the Middle Ages."

And I don't think it is a coincidence at all that Putin says Middle Ages.

- Putin spells out what the Elites ("international terrorists") are currently creating; shortages of energy, heating and that they probably want to expand that to all types of goods, including food which will lead to shortages. Aka., deliberately creating shortages. And for that they use price caps to bring about exactly that scenario:

"The consequences of the partial rejection of Russian goods are already hitting the European economy and residents. But instead of working on restoring their own competitive advantage in the form of affordable and reliable Russian energy sources, the Eurozone countries are only making the situation worse, including by capping the price of oil and oil products from our country. But it is not only European countries; they are doing this together with North America, as planned, beginning December of this year.

I will quote the American economist, Nobel Prize winner Milton Friedman: If you want to create a shortage of tomatoes, for example, just pass a law that retailers cannot sell tomatoes for more than two cents per pound. Instantly you will have a tomato shortage. It is the same with oil or gas,” end of quote. Let me remind you that Milton Friedman passed away in 2006. He had nothing to do with the Russian government and cannot be designated as a Russian agent of influence.

It would seem that these are truisms. But the leaders of some countries, their bureaucratic elites dismiss these obvious considerations, and, on someone else's command, are deliberately pursuing a policy of deindustrialising their countries, reducing people’s quality of life, which will certainly entail irreversible consequences.

It should be clearly understood that if the price of oil from Russia or other countries is limited, if some artificial price caps are imposed, this will inevitably worsen the investment climate in the entire global energy sector, then exacerbate the global shortage of energy resources and further increase their cost, and this, I repeat, will primarily hit the poorest countries. These inevitable consequences are plain to see. And experts, including world-class ones – I just gave you a quote – talk about it all the time.

No amount of intervention or the unsealing of oil reserves will remedy the situation. They simply do not have as much spare resources as they need – that is the whole point. They need to understand this eventually.

The fact is that aggressive promotion of the green agenda, which, of course, needs support, as I said, but it should be done right, so, the aggressive promotion of this agenda, including in the euro area, has led to underinvestment in the global oil and gas sector. Already. Meanwhile, the EU and the United States have imposed sanctions on leading oil producers, which make up about 20 percent of the global output.

As a result, in 2020–2021, investment in oil and gas production dropped to the lowest levels in the past 15 years. You see, it happened in 2020 and 2021, long before our special operation in Donbass. Investment was less than half of what it was in 2014 in the wake of what the so-called Western politicians did, and businesses underinvested by $2.5 trillion. I will come to that later: what does the OPEC+ decision have to do with it? The OPEC+ decision is designed solely to balance the global market. They have found their scapegoat in OPEC+. What does it have to do with anything? Clearly, to reiterate, they are simply covering up their mistakes. I will come to that later.

There is one more important point. Suppose the oil price cap is imposed. Who can guarantee that a similar cap will not be imposed in other sectors of the economy, such as agriculture, the production of semiconductors, fertilisers, or the metal industry, and not only with regard to Russia, but to any other country? No one can give such guarantees, meaning that with their reckless decisions, some Western politicians are breaking the global market economy and are, in fact, posing a threat to the well-being of billions of people.

The so-called neo-liberal ideologists of the West are known to have destroyed traditional values before, we all see. Now, they seem to have set their sights on free enterprise and private initiative."

As I mentioned earlier, Russia invariably fulfills its obligations in stark contrast to Western countries, which cynically refused to honour signed finance and technology, as well as equipment supply and maintenance contracts.

I am here to say one thing: Russia will not act contrary to common sense or underwrite someone else’s prosperity. We are not going to supply energy to the countries that introduce price caps. I want to tell those who prefer con jobs and shameless blackmail to business partnerships and market mechanisms – we have been living in this political paradigm for decades now – you should know that we will not do anything that disadvantages us.

In the short quote above, there is already so much that Puin tells us and exposes, primarily what the elites are doing and plan to do, and we can already see! Putin basically tells us that the officially known "western" leading politicians and bureaucrats, quote "are deliberately pursuing a policy of deindustrializing their countries" and that they do it "on someone else's command" and thereby deliberately "reducing people’s quality of life which will certainly entail irreversible consequences" which poses a threat "to the well-being of billions of people". Putin also tell us that if they introduce those price caps in the energy sector, that Russia, of course, will not supply energy to those countries that introduce those price caps.
 
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