OK ... join the gangRussia's president says the United States is to blame for the global financial crisis — and presents his case in an online preview of his state-of-the-nation speech.
The highly anticipated speech Wednesday will be President Dmitry Medvedev's first state-of-the-nation address since taking office in May. A preview of the speech is available in a video posted on the Kremlin website.
Finished. Over. Satisfied. By blaming the US.
Now what
Mr.Medvedev, now that you have blamed the US, are you better off. Apart from some (dubious) satisfaction, what else have you got.
Russia has a lot to feel bad about, I agree. US$400 billion is a lot of money - and to see it being printed out of existence, cannot be good. Sometime back China started the blame game - and now Russia has joined in. However, I am yet to see any constructive action. Especially from China and Russia.
Russia, China should join up with with Brazil, South Africa and India to present an alternative to the world community. With this grouping and backing, at least a 100 countries will sign up within 30 days.
Wakey, wakey, Mr.Medvedev. Let us get to work. Blaming the US gets us no where.
Announcement
The 2ndlook model for a Third currency Bloc is ready. Join in to review, participate, critique and develop the First Cut. While the need for a new global reserve currency has been evident, there is very little in the public sphere. The speed of events has clearly caught the BRICS and Third World napping - and unprepared. But, not 2ndlook - who, from the very beginning, proposed that the world should stop clinging to the Dollar-Euro skirts.
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