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Former Armenian President Robert Kocharyan claims that the material losses from the war in Nagorno-Karabakh alone amounted to $80-100 billion, based on the most conservative estimates.

“After all that has happened, it seems that there are only three places in Armenia where no one is held accountable for their actions: a kindergarten, a psychiatric hospital and the government,” he told reporters on Monday. “Because no one is taking responsibility for what occurred."

Commenting on global developments, Kocharyan noted that the U.S. has recognized the shift toward a multipolar world.

“The world has entered a period of instability that will persist until a new balance is established. The U.S. believes that maintaining hegemony is costly – 150 military bases around the world is extremely expensive. In this context, what is Armenia doing? It’s saying, ‘I’m shifting my geopolitical vector.’ And it believes this is the right moment. I assert that this is the most dangerous time to take such steps,” Kocharyan pointed out.

According to him, Armenia is attempting to drift toward the weakening center, while moving away from the strengthening one.

“I don’t understand the logic behind this move. To be honest, it’s incomprehensible. An experienced captain wouldn’t steer his small ship into rough seas. These people don’t understand the global developments, putting Armenia in grave danger. I don’t know which part of their bodies they’re using to think. I assume they have brains, but it seems they lack the ability to use them," Kocharyan remarked.

“I have no doubt that the Armenian prime minister will quickly reverse course soon, call the Russian president and, as if nothing has changed, begin to toast the centuries-old friendship between the Armenian and Russian peoples. As the Russians say, 'It's the same old story'," he added.