Might as well have that over to some us ghouls in exchange for some old-new-stock weapons that will only prolong the suffering of ukrainians
seems like legitimizing the outright theft of foreign assets is going to give billionaires around the world some second thoughts about the security of their dollars held in u.s. banks
We’re continuing to speedrun dedollarization despite all evidence
Are you really complaining about Russian oligarch billionaires having their foreign assets seized? Whatever happened to ‘eat the rich’? 🤣
No, the point is that this move undermines western financial system because billionaires all over the world will realize that if they or the government of their country runs afoul of the west, then their assets will be stolen. Meanwhile, freezing and seizing the assets of Russian billionaires amounts to the west doing capital controls for Russia. This would’ve been a very unpopular move if the Russian government imposed such controls, but the west decided to helpfully do that themselves. This forced Russian oligarchs to invest domestically resulting in Russian economy growing faster than the west now.
I mean, many US states/cities already do forfeitures, so applying this to foreign individuals and entities is just… consistent??
No defending Russian capitalists here, I want them all to be stripped of their wealth and the whole Russian state dismantled and replaced by a democratic socialist one. Those rich Russians should be eaten.
But the fact that the Russian state currently is letting their money get stolen (which they knew would happen when they started this war, and those capitalists knew would happen when Russia started this war, which is why they were begging to avoid it) shows that they aren’t oligarchs.
Only the countries stealing this money has oligarchs. And this is also evident by the fact that the money is getting stolen, since it’s hurting western governmental institutions. The world’s trust in the western system is being traded for more money to the capitalists.
Nobody with a functioning brain is going to keep any significant money in the western financial system going forward.
Oh no losing access to economies that are going into a deep recession, how horrible. Meanwhile, western capital will quickly find its way to places like China where there is actual economic growth happening. Which in fact is already happening https://english.news.cn/20240411/07321170aa0944d4a588a4de0d8beac2/c.html
Nobody with a functioning brain
This still leaves a surprising number of people
New TrueAnon Rule: Never entrust the US Treasury with more than you can afford to lose.
Here’s how Ukraine can still win
A day over a hundred years in the past that has no modern relevance. This is just the pigeonhole principle in action. If we avoided doing anything on a day where a villainous person did something vaguely of note, there would be no days left to do anything.
This is the most American comment ever. Truly a nation of people with zero historical perspective.
“Unlock” aka just steal like we did Afghanistan’s emergency fund. Well, if the US government wants to speedrun de-dollarization by demonstrating to the world why you shouldn’t bank with them, I’m not gonna interrupt them while they do it.
Pretty sure there’s a word for reallocating someone else’s shit without their permission.
‘Civil Asset Forfeiture’ and it’s a good thing it’s finally being applied to some oligarchs.
