The concurrent rise of the debt amount and the cost of its servicing in the United Kingdom and Europe is an explosive financial cocktail, Special Presidential Envoy for Investment and Economic Cooperation and Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev said.

“OECD government debt is twice its pre-2008 crisis share of GDP. German 10-year yields hit a 15-year high; French 30-year yields, a 23-year high,” he said on X.

Dmitriev added that his statement on debt and debt cost growth risks comes as a finance lesson for warmongering EU bureaucrats.