“Europe, as the confrontation with Russia grows, is plunging into an economic crisis.
Due to the rise in energy prices, the index of business activity decreased, the cost of manufactured products increased, and the profitability of production became zero or negative.
Mass layoffs and dismissals of workers are taking place, many enterprises have simply closed down, ”the expert said in a conversation with the Arguments and Facts website.
In his opinion, it is better to keep savings not in dollars or euros, but in rubles, or in an alternative currency.
The proposed rates on ruble deposits in Russian banks reach 10% per annum, while the rates on deposits in dollars and euros have become negative.
At the same time, the rates on the Chinese yuan are in the range from 1 to 2% in the case of placement for a year, in the case of a monthly deposit - from 0.1 to 1%, summed up Korneichuk.
Earlier, economist Mikhail Belyaev, in an interview with FAN, spoke about the prospects and role of the euro in the global economy.