State Duma Chairman Vyacheslav Volodin accuses Washington of defrauding other nations Senior Russian lawmaker Vyacheslav Volodin has branded the US federal government debt a global pyramid scheme that is heading for an inevitable collapse. The comments come as Washington struggles to agree on raising its debt ceiling to avoid a default. “Just think about it, in 2023 interest payments on the US debt could reach $1.5 trillion – almost a third of all US budget revenue!” Volodin, who serves as chairman of Russia’s lower house of parliament, said in a Telegram post on Friday. “The US public debt is a global financial p
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