Posted on 06/13/2024 8:51:06 AM PDT by delta7
The United States discussed plans to provide Ukraine with a loan paid out with Russian assets that have been frozen since the start of the war. The bulk of frozen Russian assets lie in Europe, and the European Union has announced its plans to “make Russia pay” by allocating those assets to Ukraine to fund its war against Russia directly.
Ukraine will receive $1.6 billion in frozen Russian assets this July, according to European Commission President Ursula von der Leyen who spoke at the Ukraine Recovery Conference 2024 on June 11. She stated that 90% of stolen Russian funds will go directly to defense, while the other 10% will be put toward the reconstruction effort. “My friends we have always said that Russia must be held accountable for its crimes and now we make Russia pay,” von der Leyen said.
I already noted that President Joe Biden said Ukraine will receive a loan of up to $3.7 billion through 2025. The elites claim these funds amount to money that the Russian oligarchs stole from the Russian people, but that is simply not the case. The West has confiscated assets from a foreign nation during a time of peace as Ukraine is not in the NATO alliance. Now the West is using those illegally confiscated assets to attack its adversary. This is complete and total economic warfare.
No one knows where the money that is packaged as Ukrainian aid actually goes. Portions are funneled back into the military-industrial complex and paid out to the very nations supplying aid. Everyone acts on the invisible hand in their own best interest. None of these aid packages were meant to be a handout, and Ukraine would suffer the repercussions.
Russia was patient as the West held their citizen’s wealth hostage. Putin has said numerous times that he is fighting a war with the West and not Ukraine at this point in time. Russia would have easily defeated Ukraine had there been no interference, and Russia would have never invaded in the first place had their been no interference (see: Minsk Agreement). Boris Johnson took it upon himself to go to Ukraine the moment peace was on the table to foil that plan.
Economic warfare is now on the table. China has been watching. Europe and the US are not at war in China, Taiwan is not in NATO, but nothing is preventing them from seizing Chinese assets over Taiwan and claiming that they are merely fighting for freedom. There is no longer respect for international law; the rules no longer apply.
I suggest the Ukraine money laundering operation has completely corrupted you.
Yeah, I got a couple of pallets of bundled hundred dollar bills that Zelensky gave me sitting under a tarp in my deceptively modest suburban bungalow in Florida. I’d love to spend those millions from Ukraine freely but eagle-eyed sorts like you are onto me.
How long would the war have lasted without the $250,000,000,000 the District of Criminals sent them?
Japan had a choice to do that. They chose poorly. They tho7ght they could take us on. We kicked thier ass.
Seems the District of Criminal$ love$ war.
Are you saying Japan was right to attack us? They were going too anyway.
China used to hold alot of U.S. Debt. I suppose we could stop paying interest as well as the principal back at maturity.
So you admit, just like Linda Graham, that the Ukraine proxy war is about stealing Ukraine's vast natural resources.
Thanks for your honesty at last.
True, but for China, it is worse than that because the US can seize Chinese financial and physical assets abroad and blockade or interdict their exports and imports. The US can also insist on repayment of old Chinese railroad bonds that the CCP has mostly avoided paying on.
$1.6 billion? What’s that? About 10 hours of debt accumulation in the U.S., 1% of Elon Muck’s bank account? Enough to purchase a Happy Meal with an apple pie for every Russkie? Apparently Russian exposure is quite low, even for a third tier economic power.
Bill’s Commentary:
“It’s a huge deal! My first thought on this is; it tells me Russia/BRICS are ready to release their new currency. If they were not ready for this, Russia would never cut themselves off from the financial “West”. I believe this is a clear sign! On the “coincidental” side, the 50yr agreement between the US and Saudi Arabia just expired, did this have anything to do with the timing?”
In a shocking and devastating move, Russia’s Moscow Stock Exchange has immediately suspended all trading in U.S. dollars and euros, delivering a major blow to the U.S. currency.”
Calling that "stealing from Ukraine" is about the same as saying that the world stole Saudi Arabia's oil by finding it, developing it, and showering wealth on Saudi Arabia in return.
Yeah, that's why the Bidens, Clintons, Romneys, Soroses, Nulands, etc. have so much invested there.
All eyes on Brics….the US’s loss of the Petro Dollar status has signaled the USD decline. For all the doubting Thomas’s , get back with us after the Brics Summit.
We have just entered a new world, one where the US becomes irrelevant….thanks Joe.
I get the feeling we are being pushed into war with Russia. The fear of nukes is gone and the Neo-Cons believe Russia will never use them. This iis my take—
1. Biden will be replaced by a cool looking Democrat, maybe of color. A Congressman or woman, a former Governor or war hero.
2. Trump will be “taken out” one way or another —a JFK solution is looking possible.
3. Before the CW II can start—Push us into WW III to distract the population.
4. After election turn to UN (or China) to end the war. Sell out Ukraine and sign a treaty with Russia. Democratic rule for 100 years (so they think).
They know they are going to lose the election and the entire economic house of cards they have built is about to collapse. They can’t win the game, so they are going to overturn the board with a world war, and if it is nuclear so much the better for their deranged “build back better” agenda.
From what I understand, 25% of Russia’s currency is backed by gold. I wonder if the EU plans on confiscating gold reserves too. The ruble is still worth a penny but Russia keeps chugging along. I read that 70% of the U.S dollar is backed by gold. That’s more than I thought but is it too much to require 100%?
Our currency left the gold backing in 1972….Nixon removed us from a gold backed currency.Secondly, all nations of the EU are buying gold by the tonnage.
The Basel agreements state Gold physical is a Tier One asset.
It took Germany six years to repatriate their gold from the US- we do not have what they say we have.
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