Posted on 02/24/2023 1:12:58 PM PST by nickfrost1
Billions of dollars are accumulating in Moscow beyond the reach of its foreign owners. Stock dividends, interest payments on bonds and anything else that Western investors didn’t sell before the war — it’s all part of the pile of money that’s been trapped by sanctions.
The accounts are remnants of what’s left of Russia’s ties to the world of international finance, and another marker of its growing isolation. As Russia’s invasion of Ukraine begins a second year and anti-war demonstrations take place this week, questions remain about what will happen to the cash stuck in Moscow.
(Excerpt) Read more at livemint.com ...
The collective West has illegally confiscated what might amount to over $1 trillion in Russian assets. The destruction of the pipelines might amount to hundreds of billions in lost monies to Russia AND Germany.
And if Putin confiscates the cash and buys military equipment, what would jojo the circus boy do?
I’m wondering how many billions?
Is it more than what the US/EU locked away in sanctions? They said they got $300Billion, and later, much later, the truth was revealed and it was more like $35Billion.
Did the US/EU forfeit more of their own peoples’ money than they took in sanctions? They’re stupid enough to ‘sell low, buy high’ with our oil reserves. So my guess is ‘duh, obviously’.
I’m wondering how many billions?
Is it more than what the US/EU locked away in sanctions? They said they got $300Billion, and later, much later, the truth was revealed and it was more like $35Billion.
Did the US/EU forfeit more of their own peoples’ money than they took in sanctions? They’re stupid enough to ‘sell low, buy high’ with our oil reserves. So my guess is ‘duh, obviously’.
Don’t you mean Eukraine with all of their offshore accounts.
Oops!
It say it is a $1,180 blns on 10/1/2021. Meaning $1.18 TRILLION.
Correction. It is a total FOREIGN investments not just any investments.
The funny fact is that the Russian energy and fertilizer companies accumulated record profits over last years. Some paid dividends of like 25% of the stock value. Add to it the appreciation of ruble and that’s the investment doubled since the beginning of the war.
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