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The John Batchelor Show

#Poland: NATO enforcer. George Friedman, @GPFutures

The John Batchelor Show

John Batchelor

Arts, News, Society & Culture, Books

4.52.8K Ratings

🗓️ 4 August 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Photo: 1900. No known restrictions on publication.
@Batchelorshow


#Poland: NATO enforcer. George Friedman, @GPFutures
https://geopoliticalfutures.com/poland-as-a-great-power/


Transcript

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0:00.0

At TFL, we're making journeys safer for everyone, and that includes improving safety on London's roads.

0:07.4

That's why we and London boroughs are lowering more speed limits to 20 miles per hour,

0:12.3

because 20 miles per hour roads have already reduced collisions resulting in deaths or

0:16.8

serious injuries by 24%. That is how we're making journeys in London safer and brighter for everyone.

0:24.8

Such TFL improvement plan to the Mayor of London and TFL every journey matters.

0:34.9

Mr. CVS, I am the world, I'm John Batchett. The Russian economy under severe sanctions,

0:40.4

the Russian economy in wartime. The Russian economy is an explanation not for Russia making money,

0:47.6

but for Wall Street making money. I go to Bloomberg. Wall Street reaped

0:51.6

ruble fortune on clients fleeing Russia. Kazak Armenian banks acted as go-betweens,

0:58.0

according to sources for Bloomberg. Other banks avoided trade for compliance reasons.

1:03.5

Now, this story has a wonderful opening. There is complaining that the earnings for the big banks

1:10.5

are not rosy this year, and the explanation from the big banks is, well, we don't have Russia to

1:16.5

make money on. Michael Bernstam, he is at the Hoover Institution. He's my guide on the Russian

1:22.4

economy. This story made me laugh at first, Michael, because the big banks are rationalizing why

1:28.9

they didn't make as much money as last year, and they're blaming Russia for not providing more

1:35.6

crises and ruble trade. What was the ruble trade they're bragging about? They made so much

1:41.2

money on last year. Good evening to you. Good evening to you, and on another story, let me start with

1:47.2

the most striking statistic which I saw today, that the sales of those control means in Russia

1:54.8

suddenly increased by 50% to 60%. That means that people don't want to make a long term investment

2:02.0

in children, because they expect that this war will last. And this dating and not democratic

2:07.3

country shows us what is the real attitude of the common folks about the war and about what

2:13.6

is going on, because they are effectively voting about the future expectations and those

...

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