I think it’s not entirely undeserved given all the dead, maimed, raped, deported Ukrainians that resulted from the failure to take Russia seriously, and take Ukraine seriously. The point is not to rub it in, but to learn from it. To prevent it from becoming worse and happening again.
It felt ironic, writing as an English person, that they were speaking in English. Natalie seemed more English than most English people I see in Tesco. It's weird here post Brexit, A very good lecture anyway but I think the situation has maybe gone beyond what is being said, already,
Realistic analysis and conclusions again from Radek Sikorski that shows that the views of the 'frontline states' are much more relevant on the issue of security than that held by the political optimists or semi-pacifists further West. One serious error however @41m 40s where it is stated that Poland would be better off joining the eurozone. This is not the case as currency sovereignty is one of the strongest powers a nation can possess and this power can be used to save the national banking system in case of a financial crisis or stock market crash, fund the bulk of the national war effort in the case of major war and similarly fund the bulk of the economic recovery programs following a serious pandemic or other major disaster and finally currency sovereignty can ensure full employment by negating a shortage of currency circulating in the national economy that can arise from ongoing current account deficits and increased savings - mostly by the wealthy. The world's greatest economist John Maynard Keynes understood very well the importance of having a national sovereign currency and his writings and efforts along with those of his supporters helped the global economic recovery from the Great Depression and also put the Western powers on a sound financial footing prior to WW2 and greatly increased the size of the Western powers WW2 mobilisation efforts as a result. Germany and Japan's central bankers unfortunately also understood the economic theories of Keynes and also benefited as a result. It is true that the European Central Bank could theoretically provide the same fiscal supports and response to the previously mentioned national crises as that provided by the national central bank for a nation with its own sovereign currency BUT the concerns of individual eurozone member states will never carry the same weight in the ECB and European Commission as they would with a nation's own central bank - unless that nation was dominant in the eurozone which means Germany and to a lesser extent France and realistically no one else. Having a national sovereign currency also allows a nation to devalue that currency in the event that trade deficits become too large thus restoring competitiveness to local export industries and import substitution industries, and making imports more expensive which will reduce local sales of imports. Poland devalued the zloty after the 2007/2008 Global Recession and this greatly reduced the economic downturn and sped up the recovery which was probably the fastest recovery in Europe. The Southern European nations on the other hand have been caught in the economic pincer movement of having large trade deficits - due to less mature industries and not being able to devalue as they use the euro; and not being able to have larger national government deficits to compensate for the currency leakage arising from the trade deficits because the ECB's rules do not allow sufficiently large deficits and instead absurdly insist on spending austerity which further worsens the 'currency in circulation shortage' problem which locks in very high levels of unemployment and underemployment especially for the youth of these countries as well as retarding economic progress. Two books illustrate the inherent problem of currency unions for disparate nation states: Eurozone Dystopia - William Mitchell - 2015 www.e-elgar.com/shop/gbp/eurozone-dystopia-9781784716653.html Reclaiming the State - A Progressive Vision of Sovereignty for a Post-Neoliberal World - William Mitchell and Thomas Fazi - 2017 www.plutobooks.com/9780745337326/reclaiming-the-state/
Yes and No. Yes you can adjust your financial policies better when you have national control over the central bank, but it might be more valuable to have influence on the desicions made by the ECB. If the Euro crashes, you are fucked as well, like it or not.
@@theflyingspaghettimonster6462 Realistically only Germany or France have significant influence over ECB fiscal and monetary policy. The states that make up the United States are in no way comparable to the nations within the eurozone or the EU and a currency union does not work well without a taxation union which realistically is not viable for a very diverse Europe.
Sikorski is a pro, so glad he'll be back in the government soon
Simorski as a Poland is a vivid example of a good friend whose leadership is worth listening to and following. No doubt
Excellent speech. On point without unnecessary b.s. Brawo panie Sikorski 👍
...debil jesteś...w punkt to sobie możesz włożyć kciuka...
@@jerzyjuras666 Pojeb
Superb lecture! Fantastic insights.
all carrot and zero sticks, brilliant
Extremely informative and thought provoking
"I don't want to rub it in..." And then he proceeds to rub it in.
Merkel still says she did nothing wrong :) Somebody needs to wake up German politicians from their illusions.
He had to rub it in, its appropiate
He merely stated that he was not enjoying it
I think it’s not entirely undeserved given all the dead, maimed, raped, deported Ukrainians that resulted from the failure to take Russia seriously, and take Ukraine seriously. The point is not to rub it in, but to learn from it. To prevent it from becoming worse and happening again.
very good lecture
Pozdrawiam serdecznie Pana doktora, jestem pana wiernym widzem od pół roku.
Magistra
Personally I think this speech is well balanced and important, succinct and poignant, well said Radek
It felt ironic, writing as an English person, that they were speaking in English. Natalie seemed more English than most English people I see in Tesco. It's weird here post Brexit,
A very good lecture anyway but I think the situation has maybe gone beyond what is being said, already,
Yeah, he went to Oxford.
Well said
Thanks Radek
...fy..mf..
Nice & smart.
nice meeting
Realistic analysis and conclusions again from Radek Sikorski that shows that the views of the 'frontline states' are much more relevant on the issue of security than that held by the political optimists or semi-pacifists further West. One serious error however @41m 40s where it is stated that Poland would be better off joining the eurozone.
This is not the case as currency sovereignty is one of the strongest powers a nation can possess and this power can be used to save the national banking system in case of a financial crisis or stock market crash, fund the bulk of the national war effort in the case of major war and similarly fund the bulk of the economic recovery programs following a serious pandemic or other major disaster and finally currency sovereignty can ensure full employment by negating a shortage of currency circulating in the national economy that can arise from ongoing current account deficits and increased savings - mostly by the wealthy.
The world's greatest economist John Maynard Keynes understood very well the importance of having a national sovereign currency and his writings and efforts along with those of his supporters helped the global economic recovery from the Great Depression and also put the Western powers on a sound financial footing prior to WW2 and greatly increased the size of the Western powers WW2 mobilisation efforts as a result. Germany and Japan's central bankers unfortunately also understood the economic theories of Keynes and also benefited as a result.
It is true that the European Central Bank could theoretically provide the same fiscal supports and response to the previously mentioned national crises as that provided by the national central bank for a nation with its own sovereign currency BUT the concerns of individual eurozone member states will never carry the same weight in the ECB and European Commission as they would with a nation's own central bank - unless that nation was dominant in the eurozone which means Germany and to a lesser extent France and realistically no one else.
Having a national sovereign currency also allows a nation to devalue that currency in the event that trade deficits become too large thus restoring competitiveness to local export industries and import substitution industries, and making imports more expensive which will reduce local sales of imports. Poland devalued the zloty after the 2007/2008 Global Recession and this greatly reduced the economic downturn and sped up the recovery which was probably the fastest recovery in Europe.
The Southern European nations on the other hand have been caught in the economic pincer movement of having large trade deficits - due to less mature industries and not being able to devalue as they use the euro; and not being able to have larger national government deficits to compensate for the currency leakage arising from the trade deficits because the ECB's rules do not allow sufficiently large deficits and instead absurdly insist on spending austerity which further worsens the 'currency in circulation shortage' problem which locks in very high levels of unemployment and underemployment especially for the youth of these countries as well as retarding economic progress.
Two books illustrate the inherent problem of currency unions for disparate nation states:
Eurozone Dystopia - William Mitchell - 2015
www.e-elgar.com/shop/gbp/eurozone-dystopia-9781784716653.html
Reclaiming the State - A Progressive Vision of Sovereignty for a Post-Neoliberal World - William Mitchell and Thomas Fazi - 2017
www.plutobooks.com/9780745337326/reclaiming-the-state/
Yes and No. Yes you can adjust your financial policies better when you have national control over the central bank, but it might be more valuable to have influence on the desicions made by the ECB. If the Euro crashes, you are fucked as well, like it or not.
@@theflyingspaghettimonster6462 Realistically only Germany or France have significant influence over ECB fiscal and monetary policy. The states that make up the United States are in no way comparable to the nations within the eurozone or the EU and a currency union does not work well without a taxation union which realistically is not viable for a very diverse Europe.
@Be blessed!!!
The profit of sale of war weapons is more important than people ,
We to change our attitude
Hopefully the Germans are paying attention and will rally themselves in their support of Ukraine
Well done!
Bardzo dobra przemowa. Powrót do MSZ wyszłoby na dobre dla Polski.
great lecture
...co ty pierdolisz...
Jak koleś który potrafi walnąć taka przemowę potrafi jednocześnie tak nieodpowiedzialnie się zesrac na twitterku :c
Oj tam, każdemu może zdarzyć się zapomnieć o zasadzie "piłeś - nie pisz" 😉
i po co ten wulgaryzm ?
@@hermenegildakociszewska-v3o jest bardzo na miesjcu.
@@tomkruz1350 Gdyby tak było, Sikorski jakoś odciąłby się lub zdystansował. Ale nie, leciał w zaparte i dodawał paliwa ruskiej propagandzie
Jak Reagan śmiał żartować z ruskich a jednocześnie rozwalił ekonomicznie ZSRR? No śmiał, bo nie miał kija w tyłku.
Thank you USA.
You welcome!
These people are such hypocrates.
This man is a big mouth.
With a small brain. The two usually pair up.
Any chance of a more detailed analysis?.........Oh, no, I thought not.
Where’s your students please? It’s Borid control. Propaganda🙏🏻.
Wlasnie uslyszalam "cham z Kobielina"....ach jak trafnie.... 😉
LOL you like people lobbying for interrests of your state, right?
what a BS
Lies, lies and self-deceptions
Shame on you Sikorski, third rate speaker, dishonest or unintelligent…
BĘDZIE FILM O SIKORSKIM MIŁOŚĆ SIKORSKIEGO DO PUTINA LAWROWA I ROSJI CAŁA PRAWDA POLECAM. !!!!!!!!!