Hello and welcome to cross talk were all things are considered im Peter Lavelle u. S. China talks are back on track but a 2nd front has opened up a u. S. Europe trade is heading into a storm iran is again in the center of the debate also the circus has come to town and its called the democratic primary. Crosstalk in some real news im joined by my guest here in moscow dimitri bobbitt shes a political analyst and editor at the internet media project and in london we cross to Marcus Papadopoulos whos the editor of politics 1st magazine our gentleman crosstalk rules in effect that means you. And jump in anytime you want and i always appreciate a lets go to markets 1st in london we the resumption of u. S. China trade talks is taking a lot of headlines as it should its a very important issue on the back of the g. 20 but we have this special Purpose Vehicle being established is established now in europe to bypass the american swiss system for the europeans to trade with iran i wonder when the donald is back in washington and how hes going to respond to that and i think we all know how he will go ahead marcus the introduction of the insteps Payment System by the europeans as a way of trying to circumvent the american restrictions on countries wanting to trade with iran the intersex Payment System is not only a goodwill gesture by the European Institute on it is also every year against trying to keep it on in the j c p r a d u and it is also a way of the europeans lets have a name access to the iranian markets which after all is an important market sphere in particular for countries like germany and france but its paid for the insteps Payment System to be sustainable and effective it must apply to all who purchase and because dont trump site sanctions on iran which are all complete the most dangerous that america has has placed iran over the last 20 years or go in for wrongs jocular and that juggler is irans ability to export oil if the european Payment System does not apply to purchase the purchases by other countries or it rainin oil then i do strongly suspect that iran will eventually lead the j. C. You know a and also the iranian economy will be in serious trouble because donald trump does wants us fix the iranian economy exactly that you go for the juggler which is it wrong. Marcus in before i go to damon here how much is this also in a sense of the European Union claiming some form of economic sovereignty i mean it wasnt the last time we had a country dictating their countrys trade policy was the soviet union with its Eastern European satellites i mean this is very very authoritarian dictating to countries who they can trade with i mean this also is a sovereign t issue yes. I agree if you look at the European Union wast it is a strategic ally to america it is also an Economic Zone if all and all the way that lynn harris like you term it in exchange for trade in we have it on the way that the germans the french and the j. C. But the american representatives only as recently said they had no. Choice it other traits of america what straits of iran and piece of the problem is this is a rerun you know market even though its lucrative of course it cant compete with the American Market and thats where my concern is that when push comes to shove businesses in germany and france that could very well ditch iran for the american lance the intimidation here you know demon one of the one of the rings i wanted to do this topic is because in a much broader way the United States is using the dollar and the swiss system its been weaponized ok. This is remarkable that the u. S. Is going to leverage the swiss system against its allies against its adversaries here i mean what i see here this is devaluing the currency the global currency the u. S. Dollar and its the u. S. Thats doing itself its very self destructive in its self inflicted go ahead well i mean look at the statistics in 2013 less than 7 percent of the trade between china and russia was in yuan because again there were there was a lot of talk about the need to distance ourselves from the dollar but there was no immediate movement in 2013 so things were going slowly but already in 2017 already it was 18 percent of the trait that was in other currencies other than dollars so the movement is in that direction and its interesting how their american liberal press. Is reacting to that you know fareed sick or right here in the Washington Post writes that you know this idea of instax is its basically one inside the can really in the core mind and of the court at least some humor for its a career well that kerry in the coal mine has been there for many years now because it was not just drawn as far as a core a right its not just drawn administrations abuse of power its also an abundance administrations abuse of power its bill clintons of use of power so things were piling up and we all remember how somehow the war against iraq started soon after Saddam Hussein switched their payments for the iraqi oil to to europe and we can see the same case we have and we have now with libya as well its not only europe india you know wall street journal is right in that it has evidence that india is buying oil from iran directly and you know bypassing the american banks bypass in their Federal Reserve system which has this terrible system of correspondent banks you not only of the correspondent banks can transect so india is doing that turkey of all the countries after the turkish lira fell dramatically in 2018. And is right in that. Regard has been blaming for it foreign conspiracies for for the well as it is foreigners are doing it properly is there. You know or a lot of alternative media and some of the Mainstream Media in the United States directly linked the fall of lira to the actions of the united well this is there is absolutely. And evidence which to direct you know that we go back to markets in london i mean this is a very interesting trend and i think future historians will look back at this and how the u. S. Destroyed its own currency position in the world because irrespective of politics it was a system where you could get busy. This is done now if its being politicized like this that the trend is why get involved because you get you could get you dont have to be necessarily afraid of the pentagon you have be afraid of the Treasury Department now its this using it as a political weapon is dangerous in south destructive and people are going to start using other mechanisms as we see started in europe go ahead marcus well i think its close at all to argue that the dollar is even more potent to countries around the bend the American Military i say in my opinion that is absolutely the case but i still do not see any evidence any tangible evidence to suggest that the dollar is going to collapse that it is going to be supplied by another currency and about if we take china for example china is also has also been accused by the americans of us circumvent and seeing the american restrictions on purchase in oil from iraq but it wouldnt take that much for Many Americans to deter china phone continuing supply iranian oil why because chinas economic progress over the last 40 years been in revenge which has been miraculous obviously based on chinas trade and investment relationship with america and the chinese will not do anything to jeopardize that and if that means they stop by an oil from iran and then beijing will do that whats crucial to the chinese economy is america. I mean because this is a process here i agree with Marcus Papadopoulos i mean the dollar isnt going to collapse overnight but its starting a trend and starting a trend where if you want to avoid political problems maybe diversify your portfolio and not rely so much on the dollar and of course with the political and geopolitical events going on in the middle east i mean the petro dollar is at stake here nothing short of that go ahead well right now 60 percent of the savings you know around the world are done in dollars only 20 percent of the savings are done in europes but that is the trend more and more savings are done in euros in japanese yen. Chaneys you on people are diversifying their investments in order to shield themselves from you know basically a from confiscation you know exactly the reason why russia is talking so much about switching to. Our own currency is between us and china between us and iran and other countries the reason is you know 12 biggest Russian Company is were under sanctions last year and when it was announced in april 2000 it was then that the Russian Central Bank started whining that actually our essence in the United States would be frozen and this is written in the Mainstream Press in the west its not a secret you know its nature of our minister of finance you want to suggest that company is that trade with their foreign partners in their Current System or in rubles that they should get tax breaks so its becoming profitable more to trade in going to go back to what i want to switch gears real quick markets i mean theres an iconic picture of floating around where putin meets to resume it looked like they were in Divorce Court it was really amazing pigs ear they were not happy but she has a lot of reasons not to be happy i guess that that picture is putins going away present to or go. I had one minute you. Well paid surveys and i still read in some having been forced out of power by Foreign Policy in date by cabinets in a similar way we could all get that satchel yes. So i think thats just the reason why its the reason why i look distorts and not sorry to have missed the fruits and indeed she actually looks distraught parliaments when im up tolerance and i see from the press gallery she does look a broken person but we also have to remember that brits and im not sure have never liked shut up and they never will like each other deal with 10 seconds go well i think that she wanted to be frosty and she was frosty she was the snow queen but im not sure that is what the point is that had lasting images she was still world to see if she stays in history like that she will be for always and you know thats exactly i think that was a narrow set in the worst Prime Minister in modern history ok im a gentleman im going to jump in here thanks marcus after a short break well continue our discussion on some real news today with r. T. Big claim made hard money fashionable again and that halo effect as spelled over to gold if it werent for bakelite there would be no current rally gold. This is a sticker from the open water bottle phone in the stomach of the fish the brand is part of the Cocacola Company which sells millions of bottles of soda every day the idea was that lets tell consumers theyre the bad ones theyre the litterbug 3rd trimester way industry should be blamed for all this waste the company has low. The promise to reuse the plastic. Thats. The new phones at a special projects funded. On the disease. But fun now the mountains of waste only grow higher. During the Great Depression which old must remember there was most of my family were unemployed working. There wasnt it was bed you know much worse objectively to day but there was an expectation that things were going to get better. There was a real sense of hopefulness there isnt today todays america was shaped by the turn principles of concentration of wealth and power. Reduced democracy attack solo doubt engineer elections manufacture consent and other principles according to know on. One set of rules for the rich. Thats what happens when you put her into the. Narrow sector of will switch will just dedicated to increasing power for chills just as youd expect one of the most influential intellectuals of our time speaks about the modern civilization of america. Welcome back to crossfire where all things are considered im discussing some real news. Ok and now were going to go to athens and were joined by Alex Christopher our oh he is the director and writer for the duran. Dot com alex im going to go to you 1st here. I watched i have to confess not all of the 2 democratic debates ok i wasnt willing to give so much time away to that show and i was trying to discuss think of a catchy phrase for them and i would call them maybe like the free democrats because everything is free everything is free except for american citizens so it looks like they were really cant go on the road campaigning canvassing for illegals to get president to participate in it because thats all they seem to talk about Free Health Care free education. No longer criminalizing breaking that of the law by crossing the border illegally i mean this was really a circus wasnt go ahead alex. Peter was it was a cloud show it and youre exactly right i think i think the 2nd night of the debates you could watch it was watchable the 1st night i mean was just i think trump some did of best with one word it was boring very very boring because i mean they all said the same thing. That they all had the same script it was awful it was impossible to watch the whole thing impossible i dont even know those people you know the actual lot of torrijos actually got through the event but peter youre right the democrats are moving so far left i think democrats people who are going to be voting in the primary democrats and Middle America the heartland they dont understand what party this is anymore with the democrats seem to be addressing a voter base that either one doesnt even live in the United States and cant vote or number 2 basically lives in hollywood or somewhere in park avenue or on wall street thats it i mean their whole all the policies that they were discussing peter was all about open borders coupled with hair health care endless war arent man bad russia did it 50 percent tax rate infanticide i mean these. Positions that even even the most progressive america kid is unrecognizable for the Democrat Party al and alex and all of the issues you just mentioned not even 50 percent of the population agrees with those positions its not even close to 50 percent and theyre running with it. Ok alex and i have poured enormous cold water on these 2 primaries primary debates. When you probably know which 7 minutes one person spoke in the 1st debate that was made sense it is the congresswoman from why exactly. Said this very simple thing nor war with iran. That kind of that was the wisest thing that they heard from that show in which she pushed back against the establishment position. Endless war. The openness that the president can have to declare to wage war i mean they really really. That one issue they were all exactly on the same page and it took one brave person to say it was a failure it doesnt work we have to stop it well. Charles also pretty good when she said well tired of being 10 minutes away from a war one tweet away from a war with iraq iran and short of his demand this situation when trump actually said that i just asked our generals how many people are going to die they sent 150 and they cancelled the strike 10 minutes before we went ahead well if indeed iran had been a terrorist state if indeed there. To stop terrorist actions in the United States in response right then trump would not be asking how many people are going to die in iran he would ask them how many people are going to die here right so when they say that we hire Firm Evidence iran is involved in terrorist activities theyre lying because he never even mentioned you know i dont even i dont know maybe theyre lying ok thats possible but i theyre just plain ignorant is going to say you are absolutely there is no interest in this all is going to go back to athens on this issue because i mean this is something thats very close to our heart all 3 of us here i mean we are watching the Democratic Party essentially become the war party and how dangerous that is. When you have the American Public that is so poorly informed on these issues all of these candidates with the one exception is grossly uninformed and not even interested because endless war is become part of the political fabric and the and the deep state the arms manufacturers the media are all in on it here and we had as one brave person stand up theyve been trying to smear her but that 7 minutes is the only thing memorable enough 1st debate the 2nd debate was a complete loss outs. Think the main point of both debates peter is that no one looked president ial except for tolls he cowbird and you know youre right they only gave her 7 minutes i mean they didnt give her any time to actually you know introduce herself to America Andrew yang had his mike cut off and now theres rumors floating around that n. B. C. Did it deliberately they didnt want andrew young to get his policy across to the American People so n. B. C. Did a very very poor job during these debates for towsley gabbert she was the most searched person after the after the debate that no one is really reporting that no one is talking about her peter. Trump meat to fire bolt in tosi gabbert needs to step in that would be a killer move and put 2022 still yet but you still that idea from whom because as i say you are pat buchanan right thats accurate right that would be an awesome awesome outcome and trump would win 2028 without a doubt if he did that its go back to the debates alex i mean i thought the moderators were supremely awful i mean this was the most the ultimate so