Secretary of Russia’s Security Council Believes The US Will Be Defaulting On Its External Debt In The Near Future

Secretary of the Russian Security Council Nikolai Patrushev © Alexei Nikolsky/Russian Presidential Press and Information Office/TASS  

TASS: Secretary of Russia’s Security Council believes United States may default on its debt  

According to Nikolay Patrushev, the financial assets of any state denominated in US dollars and euros will simply be stolen 

MOSCOW, August 22. /TASS/. Secretary of Russia’s Security Council Nikolay Patrushev believes that the United States may default on its debt in the near future. 

Speaking at consultations with colleagues from the countries of the Association of South East Asian Nations (ASEAN), which took place on Monday via video link, he noted that the US national debt has exceeded $30 trillion, and the debt of Japan has reached almost $10 trillion. According to Patrushev, "taking into account such dynamics, there is every reason to believe that in the foreseeable future these countries will have problems with servicing this debt."  

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Update: US May Default on External Debt as Printing Press in Overdrive, Russia's Security Council Sec Warns (Sputnik)  

WNU Editor: Secretary of Russia’s Security Council Nikolay Patrushev remarks are being directed at the global south who are now experiencing and suffering record food and energy price increases that many are blaming US monetary policies for this crisis.