MOSCOW, 13 Aug. The currently observed high inflation in the world economy is a sign of its overheating, but the next global economic crisis will be caused primarily by environmental and social factors, Sergei Grishunin, managing director of the NRA's rating service, told RIA Novosti. “According to the NRA, there are moderate signs of economic overheating. Such a «bad call» indicating overheating is the growth of world inflation, primarily fueled by the growth of inflation in the United States, «he said. According to the US Department of Labor, in July, the rate of growth in prices in annual terms remained at a record 5.4% since August 2008.
Russia's economy has emerged from the pandemic: is the crisis over? Additional factors that indicate an overheating of the global economy are the «output gap» in most industrialized countries, «reinvestment» in economic funds due to extremely low bank interest rates and a speculative boom in the field of innovation Grishunin added. “However, it is not even an economic crisis caused by purely financial factors that is more likely, but an economic crisis caused by environmental and social factors, as well as corporate governance factors. , which leads to instability and armed conflict, «the expert pointed out. An additional risk factor for Russia in this situation may be a decrease in the consumption of hydrocarbons and other raw materials in the world, since more than 60% of the country's exports in value terms are still accounted for by oil and gas products, concluded Grishunin.
Peskov said that Russians are worried about the economy and the crisis
