In State Duma predicted financial crisis in a couple of years

The global financial crisis has come in a couple of years, if world central banks will not respond to growing financial bubbles. The head of the State Duma Committee on the Financial Market of Anatoly Aksakov, the head of the State Duma Committee on the Financial Market of Anatoly Aksakov, announced this in the Kuluirs of the Moscow Financial Forum.

According to him, nothing foreshadows an ambulance disaster, but in the long run for several years such a danger remains. The deputy noted that the lack of a decisive response of the Federal Reserve System (Fed) of the United States can push the process.

In early September, the Central Bank of Russia did not rule out the global financial crisis in 2023, which can be compared in scale with the crisis of 2008-2009. The reason can be the growth of global debt of states and corporations.

The mechanism, as noted by the regulator, may be this: the Fed sharply tighten credit policy, and investors will start at one point to get rid of risky securities. If such a situation aggravated the fall in oil prices to $ 40 a barrel, Russia’s economy threatens to fall to 1.4-2.4 percent.

Associate Professor of Finance and Prices RG Plekhanov Diana Stepanova noted that the movement of the crisis suggests desheveyuschie money in developed economies and increasingly costly – in lagging. This situation increases the imbalance and creates fundamental problems that in previous years were resolved due to crises that regularly arise in the financial system.

In February 2021, the press secretary of the Russian President Dmitry Peskov called the global financial crises and black stripes in the economic development of Russia, including a coronavirus pandemic, the main reason for which pensions in the country remain low.

/Media reports.