Transcript of exclusive interview Russian Finance Minister Siluanov is giving on CNBC Squawk Box tomorrow morning.

I just received this via email. It's the transcript of an interview that Russian Finance Minister, Anton Siluanov is giving with the clowns on CNBC Squawk Box tomorrow morning.

Interesting where he says Russia would give financial aid to Greece. Break up the Eurozone. Good idea!

If you read the whole thing you'll see that this guy's head is totally in a gold standard/fixed FX mentality. Will constrain Russia forever.

CNBC EXCLUSIVE TRANSCRIPT: ANTON SILUANOV, RUSSIAN FINANCE MINISTER

Foulds, Hugo (NBCUniversal) (Hugo.Foulds@cnbc.com) 

PRESS RELEASE 

CNBC EXCLUSIVE INTERVIEW: ANTON SILUANOV, RUSSIAN FINANCE MINISTER 

Russia would consider giving financial help to debt-ridden Greece 

WHEN: CNBC EXCLUSIVE, today Thursday, 29^th January 2015. 

Following is highlights of the unofficial transcript of a CNBC exclusive interview with Anton Siluanov, Russian Minister of Finance with CNBC’s Geoff Cutmore. 

Full interview will be played out in Europe tomorrow morning on CNBC’s Squawk Box. All references must be sourced to a ‘CNBC exclusive interview’. 

CNBC’s Geoff Cutmore (GC): Even as we’re speaking to each other, we know that there’s a meeting going on in Brussels they’re talking about potentially another round of sanctions. Can I ask you, how worried are you that another round of sanctions at this stage, would cause a crisis in confidence in the Russian economy? 

Anton Siluanov (AS):  Well it has always been our official position that we are against any form of capital or trade controls  - and of course any sanctions are harmful because they cause a slowdown in the global economy. And the sanctions that have already been imposed against Russia did negatively affect us. However, Russia companies have adjusted, and Russia’s balance of payments have adjusted, the rouble weakened, and as you might be able to see life still goes on here and we just keep on living. 

Our estimate is that last year the Russian economy experienced two kinds of external shocks - one is from oil prices and another from sanctions. The cumulative effect of those shocks is around 200 billion US dollars - maybe a little more, but the main, major influence was the fall in oil prices. Our estimate on the sanctions is a roughly 40-50 billion shortage of capital, but again the main driver of this slowdown is the oil price. 

CNBC village idiot, Joe Kernan, doesn't know Ireland uses the euro? Tell me this is a joke.

Tell me this isn't true, please. Tell me that Kernan actually knows Ireland uses the euro, but was just trying to pull off some dumb, feigned display of incredulity just to make a point.

CNBC has already jumped the shark more times than I can count with such things as the Santelli comedy hour and Kernan's morning "servicing" of the corporate bigwigs who parade across his ratings challenged, Quack Box every morning. But, folks, this goes even beyond jumping the shark.

Check out this interview with some CEO from Ireland. (Skip to 8:30.)

Hey, Comcast, you're good with this?

CNBC morning clown show continues

Starwood Chairman, Barry Sternlicht, on Squawk Box (lowest rated morning cable show), said that all his money manager friends were "ready to sell" at any minute because of the Fed's bond buying, which he says is creating asset bubbles.

My first response is why should we care that his money manager friends are waiting to sell? Given the notoriously bad track record of professional money managers (90% can't beat the market averages and the other 10% are trading off inside information or rigging trades) should their desire to sell really make us worried? Maybe it's better to ask, isn't that a good sign?

As far as the "asset bubble" thing all I can say is this: Sternlicht may know something about real estate and the hospitality business, but it's clear he doesn't know jack shit about monetary policy.

On the one hand he says that the Fed's bond buying is "creating asset bubbles," then he goes on to contradict himself by saying there's "all this cash sitting on the sidelines."

Well, if there's all this cash sitting on the sidelines, Barry, then how the fuck is the Fed creating asset bubbles?

It also doesn't occur to real estate expert Sternlicht, that four years of sub average housing starts means means that the nation's housing stock has shrunk and is dilapidated. This means prices will rise to "replacement cost" and that could be pricey given supply the shrinking/substandard supply.

Meanwhile, clueless Joe CLOWN Kernan sits there eating it all up.