“He should be
blamed for destroying the global security system, which has been building for decades to prevent another world war. The economic mistakes of the US leader are
provoking a new global financial crisis,” Vyacheslav Volodin
Vyacheslav Victorovich The Chairman of the State Duma of the Federal Assembly of the Russian Federation of the eighth convocation. Elected in single mandate constituency № 163 (Saratov constituency - Saratov Oblast) posted on his Telegram channel.
The Chairman of the State Duma recalled that Washington, solving problems in a well-known way by printing fiat dollars, stoked a record inflation over the past 40 years. According to him, trying to solve that issue, the USA raised the key rate a lot and that “led to the situation when it is impossible to service loans, and, as a result, there started the largest processes of bankruptcy of banks since 2008.”
“The crisis of the American financial system will mostly affect those who rely only on this system,” stressed Vyacheslav Volodin.
The Chairman of the State Duma added that ordinary citizens of other countries had also been affected by recent bankruptcies. He mentioned pension funds in Sweden, Norway, the Republic of Korea and other countries. “No one will return their money,” added the Chairman of the State Duma. According to Vyacheslav Volodin, the USA will continue to live at the expense of others, thus, there will be more issues and not only in the USA.
“The only way to prevent the crisis is to de-dollarize the economies of states,” stressed the Chairman of the State Duma.