The world is on fire and it has never needed a strong US leadership more than it does now, according to former Danish Prime Minister and Nato secretary, Anders Rasmussen.
Speaking at BNY Mellon’s 2017 investment conference, Rasmussen, said countries are tearing themselves and their economies apart.
‘Europe is almost sinking under the burden of refugees coming from the Middle East, but they are not just fleeing from these countries, they are leaving their countries because of other developments, such as Brexit.
‘In Libya, Assad has a failed state and the country has become a breeding ground for terrorism and a stepping stone for migrants. In Eastern Europe, Russia has attacked Ukraine, and for the first time since the Second World War, has grabbed a land by force.’
Rasmussen said China is ‘flexing its muscles’ with regards to the South China Sea and branded North Korea ‘unpredictable’.
‘The world is on fire. There is a clear link between the outbreak of fire and America using force. After eight years in office, the Obama administration left a world that is insecure and weak.
'Obama was instrumental in my election at Nato, but it’s a fact that when the US retreats or is perceived to retreat, that there will be a void left which will be filled by the bad guys.’
Rasmussen said in order for these issues to cease, the world needs a leader. ‘We need a determined American leadership, we need a world policeman. No one else can step in apart from the US and that’s the depressing answer.
‘You can’t trust the UN, you can’t use China, as they maintain a communist regime. You can’t rely on Russia as Putin’s behaviour has undermined global trust – it can be no other candidate apart from the US.’
When it comes to Russia, Rasmussen said Putin is relying on a ‘chain of conflict’ to keep neighbouring countries weak.
‘It’s important to understand that Putin has a great master plan, which goes well beyond Ukraine. What he intends to do its restore Russia’s greatness, he needs to keep the neighbours weak, split and dependent on the Kremlin.
‘When Trump decided to strike Syria we saw angry Russian reactions, Putin’s spokesperson said Trump’s action was an act of aggression.’
Rasmussen said relationships between the US and Russia will not improve and said investors should keep a close eye on the relationship between the West and Russia.