Might as well list the key points in case anyone misses them. Apologies for the caps, all emphasis is from ZeroHedge.
I noticed in the Valdai video that Putin took a very diplomatic approach (as usual) and was very careful not to make any threats but when he made the statement shown in the second to last line below I couldn't help wondering what he meant by "dead end" and whether it was a veiled threat of major military conflict. It was the context of the conversation at that point and the way it came out.
*PUTIN SAYS U.S. DOLLAR LOSING TRUST AS RESERVE CURRENCY
*PUTIN: WORLD WITHOUT RULES IS POSSIBILITY; ANARCHY GROWING
*PUTIN SPEAKS AT MEETING OF VALDAI CLUB IN SOCHI
*PUTIN SAYS WORLD GROWING LESS SECURE, PREDICTABLE
*PUTIN SAYS NO GUARANTEE OF GLOBAL SECURITY
*GLOBAL SECURITY SYSTEM IS WEAK, DEFORMED: PUTIN
*COLD WAR ENDED WITHOUT PEACE BEING ACHIEVED: PUTIN
*PUTIN SAYS COLD WAR `VICTORS' DISMANTLING INTL LAWS, RELATIONS
*U.S. HAS WORSENED DISBALANCE IN INTL RELATIONS: PUTIN
*PUTIN SAYS U.S. ACTING LIKE NOUVEAU RICHE AS GLOBAL LEADER
*PUTIN SAYS WORLD LEADERS BEING BLACKMAILED BY `BIG BROTHER'
*U.S. LEADERSHIP BRINGS NO GOOD FOR OTHERS: PUTIN
*PUTIN SEES GLOBAL MEDIA UNDER CONTROL, UNDERMINING TRUTH
*PUTIN SAYS WEST CLOSED EYES TO INTL TERRORISM ENTERING RUSSIA
*PUTIN CALLS U.S. SELF-APPOINTED LEADER
*PUTIN: UNIPOLAR WORLD LIKE DICTATORSHIP OVER OTHER COUNTRIES
*PUTIN SAYS MANY COUNTRIES DISENCHANTED WITH GLOBALIZATION
*PUTIN SAYS U.S. DOLLAR LOSING TRUST AS RESERVE CURRENCY
*RUSSIA WON'T BEG FOR ANYTHING: PUTIN
*SANCTIONS UNDERMINING WORLD TRADE ORGANISATION RULES: PUTIN
*RUSSIA ISN'T WALLING ITSELF OFF FROM WORLD, PUTIN SAYS
*RUSSIA READY FOR DIALOGUE ON NORMALIZING ECONOMIC TIES: PUTIN
*PUTIN: WORLD WITHOUT RULES IS POSSIBILITY; ANARCHY GROWING
*PUTIN CALLS FOR NEW GLOBAL CONSENSUS, INTERDEPENDENCE
*PUTIN: CONTINUED USE OF FORCE IN UKRAINE MAY LEAD TO DEAD END
*PUTIN SAYS U.S. CAN'T HUMILIATE ITS PARTNERS FOREVER