The Aug. 15 Alaska summit between Presidents Trump and Putin succeeded in derailing what was looking like an oncoming train wreck of a head-on U.S.-Russian military confrontation, orchestrated for years by London, largely through their agents of influence in the Obama and Biden administrations. U.S. President Trump has charted a different path, and these networks are now being systematically exposed and dismantled with the help of DNI Tulsi Gabbard’s flow of revelations.

President Trump himself has been clear-eyed about this. Speaking to interviewer Mark Levin on Aug. 19 about the Ukraine crisis, Trump said: “I think it was heading to World War Three [under Biden], and you’re not going to have that anymore.… This was heading to World War Three.”

Much, however, remains to be done on the Alaska agenda. Further provocations orchestrated by London and its European satraps have to be stopped. The specifics of a system providing indivisible security to all countries in the region—and the world—remains to be fleshed out. But the principle of cooperation to achieve security for all, and not confrontation, has been proven to work.

There is a second looming train wreck that London has been working on assiduously: a total takeover of the collapsing dollar-based financial system through their crypto craze—pumping in $100-$200 trillion of worthless funny-money to bail out their $2 quadrillion speculative bubble. The most effective way to derail that crisis is for Trump to accept a Xi Jinping invitation to attend the Sept. 3 celebration in Beijing of the 80th anniversary of Victory in the Pacific in World War II, and to there hold a three-way summit meeting with Presidents Putin and Xi Jinping, as Schiller Institute founder Helga Zepp-LaRouche has called for. The central topic: economic cooperation.

There is a systemic breakdown crisis of the entire trans-Atlantic financial system underway, and there is an urgent need to come up with alternatives to the beggar-thy-neighbor tariff warfare policies that have been foisted on the Trump administration by hedge fund operatives, such as Commerce Secretary Howard Lutnick (think Cantor Fitzgerald), Treasury Secretary Scott Bessent (think George Soros), and Stephen Miran (think Hudson Bay Capital), the head of Trump’s Council of Economic Advisers, whom he just named to the Federal Reserve Board to replace the departing Adriana Kugler.

Here’s what the American Soybean Association just told President Trump in an Aug. 19 open letter, in which they urged U.S.-China trade talks to stop the retaliatory tariff warfare: “U.S. soybean farmers are standing at a trade and financial precipice.… U.S. soybean farmers cannot survive a prolonged trade dispute with our largest customer.” China has historically imported more than 60% of the world’s soybean supplies, but the tariff warfare Trump has unleashed means that “China has not purchased any U.S. soybeans for the months ahead as we quickly approach harvest,” and Beijing is turning to other suppliers instead.

Soybeans are just one of dozens of agricultural and industrial sectors that are on the chopping block, as a result of Wall Street and the City of London’s perverse looting policies. If Trump were to sit down with Presidents Xi and Putin, much as he did with Putin in Alaska, an entirely different pathway for economic relations among nations could be mapped out. The Bering Strait tunnel project is just the start. This could be combined with full development of the Northern Sea Route across the Arctic Ocean, and the broader Polar Silk Road which is part of China’s global Belt and Road Initiative. The combined rail and maritime development corridors would open up Siberian and North American natural resources for joint high-tech industrial development.

Similarly, the New Land Grain Corridor (NLGC), which is being developed to connect China with Eurasian Economic Union (EAEU) countries including Russia, will vastly expand world commerce in grains, legumes and oilseeds outside the control of the financial speculative interests that run the Chicago Mercantile Exchange and the London grain markets. Grain must once again be made a foodstuff, rather than a speculative commodity controlled by financiers, with which to feed the world—including the starving children of Gaza.

There is rapidly growing cooperation among the nations of the BRICS, in part as a result of the hostile attacks against them coming from Washington and London. China and India are moving significantly in the direction of cooperation, and a meeting between President Xi and Prime Minister Modi has become highly likely at the upcoming Shanghai Cooperation Organization (SCO) meeting in China on Sept. 1. Russia is coordinating with the nations of Africa. China is working closely with Brazil, whose President Lula da Silva has reported that he is calling for a “virtual summit” of BRICS nations this September, in his capacity as 2025 president of the BRICS. And so on.

China and the nations of the Global South are the U.S.’s potential friends and allies—not our enemies and hostile competitors. President Trump must display the same kind of statesmanship he showed on security matters in Alaska, on the subject of economic policy. A meeting in China with Presidents Xi and Putin on Sept. 3 is a good place to start—and an urgent one.

Source: Institut Schiller

Weekly report: Putin and Trump shake things up in Alaska; now it's Beijing and Vladivostok's turn (EIR, 08.18.2025)