...In my view, Russia and China owe it to the world to prevent the nuclear war that the neoconservatives who control US policy intend by simply replying in kind to Washington’s economic warfare. Russia and China hold all the cards. Not Washington. Russia and China should give no warning. They should just act. Indeed, instead of step by step, they should just let loose all barrels at once. With four US banks holding derivatives totaling many times world GDP, the financial explosion would be the equivalent to a nuclear one. The US would be finished, and the world would be saved... 2015 could be a very good year.
Paul Craig ROBERTS
The Honorable Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration. As a presidential appointee to a secret committee, he played a role in the Reagan / Gorbachev negotiation of the end of the Cold War. In 1961 Roberts was a member of the US/USSR student exchange program. In 1989 and 1990, Roberts addressed the Soviet Academy of Sciences in Moscow on the subject of liberty. His book, Alienation and the Soviet Economy (1971 and 1990) is widely accepted as the explanation of the ideological origin and failure of the Soviet economy. Roberts was Associate Editor of the Wall Street Journal and columnist for Business Week and Scripps Howard News Service.
He has had many university appointments, including the William E. Simon Chair in Political Economy, Center for Strategic and International Studies, Georgetown University where his colleagues were Henry Kissinger, Zbigniew Brzezinski, and James R. Schlesinger.