Kurginyan: Funds for new industry can be taken from foreigners

29.03.2023, Moscow.

The $3 trillion for new industry creation can only be taken from foreigners; the people have no such money, said philosopher, political analyst, and the leader of the Essence of Time movement, Sergey Kurginyan in an interview with Vyacheslav Manucharov on the YouTube channel of Manuchi’s Empathy program, published on March 13.

The political analyst commented on Deputy Prime Minister Andrey Belousov’s idea of a voluntary one-time contribution from big business of 200-250 billion rubles to cover the budget deficit. According to the analyst, this voluntary contribution will not solve the problem: “these are tiny numbers“.

Kurginyan thinks that if Russia really wants to survive the conflict with the West, it will need quite different amounts to set up a new industry – “at least two or three trillion dollars“.

These money are as important as water, he stressed. This amount of funds cannot be taken from the people, the political scientist is sure.

They can be taken primarily from foreigners. Therefore, if they get so excited about our debts, the symmetrical measure is simple. If they take all that we have there, then we will take all that they have here,” Kurginyan pointed out.

The Essence of Time leader estimates foreigners’ assets in Russia are worth $1.5 trillion.

The Arbitration Court of Nizhny Novgorod Region seized Russian assets of VW as a security measure in the suit of the company GAZ for recovery of losses from the German concern and Volkswagen Group Rus (VGR) in the amount of 15.6 billion rubles on March 17, 2023. The arrest relates to the shares of foreign legal entities in VGR, financial assets of Scania and the property of VGR in the Russian Federation. The court also prohibited any registration activities connected with liquidation, reorganization, change of membership, increase and decrease of charter capital of VGR. This is the first court decision of such kind since February 24, 2022.

Source: Rossa Primavera News Agency