The global financial crisis will worsen if exports to Russia are completely banned by Western states. such an opinion expression Candidate of Economic Sciences, financial expert Vladimir Grigoriev in a conversation with the online publication Lenta.ru.
According to him, as a result of such measures, the cost of a number of goods will increase significantly and a price disproportion may occur in the world market. The economies of Western countries may suffer, as Russia is the main consumer of a significant part of both domestic and industrial goods produced in the world, including Western countries.
“The crisis will be sharper and deeper, and it will return to the Western economies like a boomerang. The consequences for the economy will be very serious,” said Grigoriev.
The previous day, Bloomberg Wrote About the intention of the G7 countries (England, Germany, Italy, Canada, France, Japan and the USA) to almost completely ban the export of goods to Russia.
At the beginning of April 21, press secretary of Russian President Dmitry Peskov declarationHe said the Kremlin is closely monitoring the situation with the new restrictions imposed on Russia by the G7.