The world is slowly moving towards a new logic of global economic relations and a renewed financial system,” says the former Russian president.
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Dmitry Medvedev: A new world financial order is coming
A new world financial order is coming and the West will no longer play a leading role in itDmitry Medvedev, former president of Russia and current vice-president of the country’s Security Council, said yesterday.
“While our adversaries continue their fruitless toil, the world is slowly moving towards a new logic of global economic relations and a renewed financial system,” Medvedev wrote on his Telegram account, adding that “the former guarantors [del viejo modelo] You made too many compromises.”
The West, according to the former president, has “tarnished its reputation” by blocking the reserves of Russia’s central bank. “It is impossible to trust those who freeze other countries’ accounts, stealing the business property and personal belongings of others, thereby endangering the principles of the sacred right to private property.”
And in addition, The vice-president of the Russian Security Council pointed out that confidence in reserve currencies such as the dollar or the euro was being lost. “What are those reserves when their commitments are frozen and effectively unfulfilled by insane politicians ready to pledge their taxpayers’ money to ‘every last Ukrainian’ for an unknown victory in the war?” I ask.
Medvedev summed up that it will definitely be necessary to “negotiate the new world financial order‘ and stressed that the leading role will be played by countries that ‘have strong and advanced economies, sound public finances and sound monetary systems’.