Deripaska told Russians “slaves of banks”

Billionaire Oleg Deripaska During the discussion at the St. Petersburg International Economic Forum, called the serious problem of Russia a very narrow market of bonds, because of which the Russians turn out to be “slaves of banks.” The broadcast of the speech was carried out on the website of the event.

According to him, bonds in the amount of 30 trillion rubles for the whole Russian economy is nothing. At the same time, half of these funds fall on the bonds of the federal loan (OFZ), and the rest are banks and the oil-producing sector.

Deripaska stressed that there are necessarily bonds and a more qualified pawnshop list, accounting for these securities. Otherwise, legal entities, and physical, whose mortgage and other loans will remain depending on banks.

Billionaire indicated that the expansion of the bond market will be the first step towards the freedom of the entrepreneur, and only they will become a change engine. The state, he added, can only better divide, but the poverty will not be able to overcome “neither the prosecutor or the investigator.”

In today’s conditions, according to Deripaska, the lack of economic growth leads to the stagnation of the labor market. There is no mobility of labor resources, there is no demand for work in the regions, and this creates “ugly low salaries.”

At the same time, the billionaire was pleased with the updated constitution and disappearance in Russia opposition. In his opinion, it is the absence of criticism that contributes to economic growth. “The opposition tried to consolidate, came forward and self-eligible. Now we have no opposition and you can do business,” he concluded.

Previously, Deripaska predicted that the US authorities were going to “suffer” the cryptocurrency market, and the reports of its coordination were only the beginning of the process.

/Media reports.