Sergey Glazyev, Russian Academy of Sciences member and Minister in Charge of Integration and Macroeconomics for the Eurasian Economic Commission (EAEU), has repeatedly said before that the U.S. financial system is on the verge of collapse. In his latest assessment reported in the Russian media, he said: “Following the collapse of the U.S.S.R., due to the relative build-up of production volumes of obsolete technological modes, the second center of the imperial world economic mode (America and the trans-Atlantic sphere) is now collapsing due to the limitless pumping of financial bubbles.”
Against the backdrop of these events, the growth of countries of the new integrated mode in Southeast Asia is continuing. U.S. attempts to stop that process with a hybrid war against Russia and China (which Glazyev views as the main driver of this new system) only accelerate the process. Russia also has a chance to break into the camp of world leaders, but to do this, it must stop fulfilling the requirements of U.S. financial institutions, Glazyev says.
