/ world today news/ Mikhail Delyagin revealed the betrayal by state employees. According to him, for most representatives of the native state administration, “the sun still rises from the west”: “Let me go to my estate in Austria.”
As analysts emphasize, the speed and depth of the drop in oil prices in recent days is so alarming that it seems that the world economy is already in the grip of a global recession, notes Yuriy Pronko, economic observer of First Russian on the air of Tsargrad Main program.
The price of Brent fell to its lowest level since December 2021. Meanwhile, the ruble was again losing ground against the dollar – such a weakening has not occurred since April 2022.
According to the forecasts of experts, it is likely that the national currency will continue to fall. The dollar exchange rate can stay around the 80 ruble mark. However, this is exactly the level that the government and exporters have been dreaming of, hoping to increase export earnings.
State Duma deputy Mikhail Delyagin commented on the tense economic situation in Russia and on the international arena as a whole.
Only one thing saves from the explosion of inflation
The interlocutor of “First Russian” admitted that he does not see anything surprising in another collapse of the national currency:
Oil becomes cheaper, exporters’ profits decrease, budget revenues decrease. How to keep revenue in the budget? Weakening of the ruble. Because then earnings in currency will be higher, prices will rise. Accordingly, there will be more not only oil, but also inflationary rubles.
However, Russia is not yet threatened by a catastrophic rise in prices. According to Delyagin, this seemingly good news is overshadowed by a very sad fact:
In the conditions of absolute, total and de facto arbitrariness of the monopolies promoted by the officials, the growth of prices is restrained only by the poverty of the population. The poverty that existed with a dollar for 75 rubles remained with a dollar for 77 rubles. Consumer demand was already at zero, so there would be no powerful acceleration of inflation. Don’t be afraid.
What is hidden behind the Central Bank’s eloquent speeches
The expert recalled that all this is developing against the background of the banking collapse that has engulfed the West. However, the chairman of the central bank, Elvira Nabiulina, assures that this crisis will not affect Russia in any way. But Delyagin is less optimistic:
No one has canceled the global depression, we are going there in slim ranks, with a confident step.
The parliamentarian recalled what Russia faced a few years ago. We are talking about the so-called banking reorganization “in the name of the same Mrs. Nabiulina”.
what was it And there was the destruction of small and medium-sized banks under the guise of the fact that we, they say, cut “junk banks”. By the way, many “junk banks” remained, but regional financial institutions were destroyed. What is happening in the US right now? The same debanking. The same, only in profile, – said Tsargrad’s interlocutor.
Why Russia is not using its chance
The deputy noted that in our country it is now realistic to start processes that will not only complicate life in the West, but also significantly stabilize our economy.
For example, we need to strengthen the de-dollarization of the economy, start quoting our energy raw materials supplied abroad on our own export markets, and finally move from talk of selling goods to other countries for rubles to real trade in rubles and other national currencies.
But for that you have to at least start doing something. But our employees do everything according to the algorithm. If something is proposed that does not fit into this algorithm, their response will be this: they will say that we will not do this because other decisions have already been made. The whole public manager evaluation system is oriented towards familiar schemes and mechanisms. They calculate KPIs. And they don’t care that this whole system is outdated.” emphasized Delyagin.
He ironically added that most officials in Russia had never even heard the term “creative initiative”:
What? Creative initiative… On YouTube, please show your creative initiative. Unfortunately, the value situation is such that for a large part of the native state administration, the sun still rises in the west. And everything that happened after 2014 is just a misunderstanding for officials, a terrible nightmare. They seem to be implying, saying, guys, let me go to my mansion in Austria. Some of our comrades came to hear the President’s last message from Europe. Some of them didn’t even come. So they didn’t come back at all.
Translation: EU
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Here are two PAA-related questions for the provided interview format:
## World Today News Interview: Economic Turmoil and the Betrayal of Public Servants
**Guests:**
* **Dr. Jane Doe**: Economist specializing in global finance and Russian economic policy.
* **Mr. John Smith**: Political analyst focusing on Russian politics and governance.
**Introduction:**
Welcome to World Today News. Today, we delve into the alarming economic situation gripping Russia, marked by a plummeting ruble, stagnant oil prices, and a looming global recession. We’ll also be examining the concerning commentary of State Duma deputy Mikhail Delyagin, who accuses public officials of betraying national interests by prioritizing their own comfort over mitigating the economic crisis.
**Section 1: The Perfect Storm: Economic Woes and International Crisis**
* **Dr. Doe, the article paints a bleak picture of Russia’s short-term economic outlook. Can you elaborate on the factors driving this downturn and the potential consequences for everyday Russians?**
* **Mr. Smith, Delyagin argues that the global financial crisis is merely a symptom of underlying issues within Russia’s own economic policies. Do you agree with his assessment? What are the long-term structural challenges Russia faces?**
**Section 2: The Price of Inertia: Delyagin’s Critique of Public Servants**
* **Mr. Smith, Delyagin’s claims of a “betrayal” by state employees are quite blunt. Do you think his criticism is justified, or is he overstating the problem? What evidence supports his argument?**
* **Dr. Doe, Delyagin suggests that Russia has the tools to navigate this crisis but lacks the political will to implement them. Can you elaborate on the practical steps he proposes and their potential effectiveness?**
**Section 3: Missed Opportunities and the Path Forward**
* **Mr. Smith, Delyagin calls for bold moves like de-dollarization and promoting ruble-denominated trade. Is this a realistic solution, and what are the potential obstacles to its implementation?**
* **Dr. Doe, what lessons can be learned from other countries that have faced similar economic challenges? Are there successful examples of countries navigating financial crises through innovative and effective policymaking?**
* **Mr. Smith, Delyagin concludes on a rather pessimistic note, suggesting that many officials are detached from reality. To what extent do you think this perception is shared by the Russian citizenry? What are the broader implications of this disconnect for Russia’s future?**
**Concluding Remarks:**
Thank you to our guests for providing their insights on this complex and critical issue. The economic challenges facing Russia are significant, and the choices made by policymakers in the coming months will have profound consequences for the nation’s future.
**Note:** This is just a suggested framework. You can adapt the questions and add your own based on the specific focus you want to achieve for the interview. Remember to encourage your guests to offer nuanced perspectives and engage in thoughtful discussion.
