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Russia: We Won’t Repay the Bankers if U.S. Imposes Sanctions

NewsVoice is an online news and debate channel that started in 2011. The purpose is to publish independent news, debate articles and comments as well as analyzes.
publicerad 5 mars 2014
- News@NewsVoice

Info Wars. A Kremlin economist, Sergei Glazyev, told RIA Novosti the Russian government may not repay loans owed to the financial cartel if the United States imposes sanctions on the country in response to the Crimea intervention.

“If sanctions are applied against state structures, we will be forced to recognize the impossibility of repayment of the loans that the US banks gave to the Russian structures. Indeed, sanctions are a double-edged weapon, and if the US chooses to freeze our assets, then our equities and liabilities in dollars will also be frozen. This means that our banks and businesses will not return the loans to American partners,” he said.

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Tags: Russia