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
Despite all evidence of what?
Nobody with a functioning brain is going to keep any significant money in the western financial system going forward.
Mmm hmm. Because as we have all seen, investment in Russia will absolutely pay off, and everyone’s assets are safe and sound, and nothing bad ever happened.
Sniff more glue. You’re on a roll in this thread.
Nobody with a functioning brain
This still leaves a surprising number of people
and they fall squarely into this category
Which is fine as they will also lose access to western capital markets
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
This really only applies to adversary nations, specifically those committing war crimes.
Nah, pretty sure the nation committing a genocide is a staunch ally.
Pretty sure most US allies are either committing genocide or dream of it. At least outside of the western core.
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.
Hahah Jesus what a yarn. More! Do more about oligarchs “investing domestically” - that ones definitely got some legs (we’ll probably need a laugh track though), but get your terms straight hey, you called them Russian Capitalists above and if we’re gonna sell the rights to this sitcom to Netflix we need an idea of who we are casting. Wardrobe needs to know if they are making oligarch or capitalists outfits. These things matter!
I mean, many US states/cities already do forfeitures, so applying this to foreign individuals and entities is just… consistent??
So we agree it’s a good thing then :)
Oh yeah, the best move the west made in a while in my opinion.
i wasn’t complaining no, more of a
No he is asserting that the death knell of the West will be a result of (are you ready for this?) Russian Capitalists no longer investing in the the West.
Aka: we are going to see a boom in domestically produced Russian yachts and fuck all else.
Fuck russia
so brave
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I’m so glad they finally did it because we’ll finally be able to put the narrative that Ukraine is losing because additional 61 billions wasn’t allocated to bed.
It will also destroy the last credibility US financial system have, piss off Russian capitalists and make them invest in the west even less. Win/win/win.
Worse part is that will give maidan regime some more time to push even more Ukrainians into the grinder.
basically
Russia’s GDP is dwarfed by the West. If Russian investors weren’t put off by having assets frozen when Russia invaded Ukraine in 2022, they’re unlikely to care about some more weapons. After all, the Russian people have seen many years of conflict. The rich are going to care about their hoards, not about the “special military operation.”
If Russian investors weren’t put off by having assets frozen when Russia invaded Ukraine in 2022
They already were, why they would even put more money there when they are getting frozen, but as long as their funds are only frozen, they could still have hope that the entire issue gonna get resolved one day and they will get it back. If the money get confiscated, that’s entire another situation.
Russia’s GDP is dwarfed by the West
Muh GDP!
Two years, hundreds of thousands of casualties, tens of thousands of equipment losses and burning through Russia’s future generation and financial reserve
‘Winning’.
Imagine still guzzling propaganda uncritically after two whole years. If any of this was true, Russia would’ve collapsed long ago as the west was hoping.
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Ah yes, Russian propaganda as reported by mainstream western media. Those Putler puppets have now infiltrated once respected publications like NYT and WSJ. 🤡
LMFAO using oryx as proof of anything, these clowns have been completely discredited and yet here we have you still guzzling propaganda out of a firehose. https://archive.ph/a1ID3
Visually confirming thousands of destroyed pieces of equipment while avoiding duplicates is hard and mistakes will be made. They’re corrected as they’re found.
You’re happily felching Kremlin propaganda.
Yes, visually confirming the same pieces of equipment over to convince gullible people of what they already want to believe. My favorite part about oryx is how they stopped reporting losses once Ukraine ran out of old Soviet equipment that they couldn’t pass off as Russian losses. All of a sudden when Ukraine started using primarily western equipment, oryx decided it was time to step away. 😂
If these figures had any basis in reality, Russia would’ve collapsed a long time ago. The fact that you genuinely believe that Russia lost tens of thousands of pieces of military hardware along with the trained troops that operated them, and it’s still somehow winning shows that you’re utterly incapable of rational thought.
Russia had the equipment (and a lot more) to lose. It’s quite realistic.
How you can consider a two year war where none of the original goals have been met a success is beyond me.
Russia has paid an enormous cost for very little in the way of gains. They haven’t even regained the land they retreated from in 2022.
But by all means. Keep cheering on Putin sending his people into a meat grinder in his pathetic 20th century war of conquest.
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
New TrueAnon Rule: Never entrust the US Treasury with more than you can afford to lose.
Well EU is not far behind. But yes, if you damage country by attacking it and literally erasing towns in it, and capturing territory (the one you guaranteed to preserve and even defend by previous agreements), expect to pay.
Oh weird, pretty sure that’s not how the west is responding to Israel bulldozing Gaza right now.
Wait, are you telling me US will be paying reparations to all the countries it bombed to the ground? Vietnam, Laos, DPRK, Afghanistan, Iraq, just to name a few?
Which territory US captured or wanted to capture?
Especially when invading your neighbouring countries.
“The Russians were surprised when, right after the war started, the Europeans took the exact same measures as the United States, freezing all of the reserves that were there, and the Japanese did the same, which is why most of Russia’s reserves today are frozen in Western banks”
Russia on the worldstage, lol: https://youtu.be/FIc_eKkMJVo
Here is an alternative Piped link(s):
https://piped.video/FIc_eKkMJVo
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
