Posted on 07/29/2024 6:49:51 AM PDT by delta7
EU Economic Commissioner Paolo Gentiloni has claimed that the Group of Seven (G7) will release $50 billion in frozen Russian assets to Ukraine by October. These leaders agreed at the last meeting on June 13 that they would indeed take the money they confiscated from Russia and provide it to Ukraine in terms of a loan.
They stipulate this by saying they will only loan Ukraine money made on the profits of holding these assets. The risk will be shared among the G7 nations, and this risk is substantial, for Ukraine will no longer exist as a nation when this is over based on our computer models.
Zelenskyy is too busy stuffing his pockets to actually care about his people or the future. He is banking on NATO invading Russia and extinguishing it as a country so he can then seize all the assets of Russia for Ukraine.
Ukraine War Wealth
The Pandora Papers revealed that Ukraine had the highest number of politicians from any country with a secret offshore account. Even Forbes Magazine said that Ukraine owes it to the West to clean up the outrageous corruption. NATO could not even permit Ukraine entry due to its overtly corrupt politicians.
These nations are teetering on the edge by using these assets as collateral. If they were to actually give Ukraine the frozen assets, Putin would then be justified to just confiscate ALL assets held by Western countries and private/public corporations.
These actions by the G7 completely violate international law. What’s more, these nations are now threatening foreign banks in nations like India to cease funding Russia or risk being debanked or blacklisted by the United States and Europe.
No sum is ever enough for Ukraine. Zelensky is demanding the full $300 billion in frozen Russian assets. Reports state that the income generated from the $300 billion has only reached $3.2 billion on an annualized basis at this time. Yet, the European Commission released $1.6 billion to Ukraine on July 26, which does not include the proposed $50 billion incoming loan.
“There is no better symbol or use for the Kremlin’s money than to make Ukraine and all of Europe a safer place to live,” European Commission President Ursula von der Leyen proudly stated. She forgot to add that 90% of these funds will go right back to Europe to reimburse them for the aid they have sent Ukraine. It is beyond morally corrupt to recirculate illegally confiscated assets in this manner.
“The extraordinary revenues generated in this context by the EU operators do not belong to Russia and are held by CSDs,” or central securities depositories, the EC released in a statement. “The EU has now started to channel these revenues to Ukraine.”
So, the commission felt they could steal assets from Russian people and corporations simply residing in a country they sanctioned? Europe is not at war with Russia, technically, and neither is the rest of the G7. Ukraine is not a member state.
The West unleashed a new form of economic warfare that would be used against them as any “unfriendly” nation could easily turn around and withhold funding from another country.
The Pandora Papers
https://www.axios.com/2021/10/05/pandora-papers-politicians-countries
“Countries with highest number of politicians named in the Pandora Papers.
The Ukrainian president may have pledged to reform the country’s corrupt system of politics, but the Pandora Papers tell a different story.
Driving the news: Ukraine is the country with the highest number of politicians named in the leak of offshore data, which implicates hundreds of people linked to offshore companies — including President Volodymyr Zelensky.
Though offshore companies are not themselves illegal, they often help facilitate tax evasion or money laundering, writes the International Consortium of Investigative Journalists, the network of reporters and media organizations that obtained the records.
Context: Zelensky had campaigned on cleaning up Ukraine’s oligarch-dominated system. He’d pushed to set himself apart from politicians like incumbent Petro Poroshenko, who hid offshore assets, the Guardian notes.
But the Pandora Papers revealed that Zelensky was involved with a network of offshore companies, which he co-owned with friends and business partners.
Our thought bubble, via Axios’ Dave Lawler: Zelensky is one of several politicians who campaigned on anti-corruption platforms — others include Czech Prime Minister Andrej Babis and Pakistani Prime Minister Imran Khan — who will now be facing questions over undisclosed wealth tied to them or their close associates.
By the numbers: Ukraine leads with 38 politicians named in the Pandora Papers. The top five are ...
Ukraine: 38
Russia: 19
Honduras: 11
United Arab Emirates: 11
Nigeria: 10…”
By using the power of the US dollar to force nations to submit to US foreign policy, they are driving more nations into the BRICS coalition that stands ready to replace the US dollar as the world reserve and petroleum currency.
This will result in an immediate economic collapse for the US, dragging the EU and other Western nations down with us.
The Democrats will either implement a WEF-style “Great Reset” or stage a nuclear exchange to start a war with Russia and China, ginning up patriotic fervor in the hopes of sending conservative sons and daughters into the military meat grinder.
How come Joe Biden did not fund Israel with money confiscated from Iran?
They are giving Ukraine a loan..other people will have to pay off?
If Russia’s investments in the West are not safe from government confiscation, no ones money is safe.
The destruction of banks as a safe repository of money is complete. If money can be taken without due process, then it’s a collection point for thieves to use. Your land can be taxed out from under you and the money you would use to pay the taxes can be seized from the bank. So what do you really own.
The social contract is destroyed.
You will own nothing and be happy.
Anybody feeling happy?
“There is no better symbol or use for the Kremlin’s money than to make Ukraine and all of Europe a safer place to live,”
You could use it to streamline the influx of union breakers
“They stipulate this by saying they will only loan Ukraine money made on the profits of holding these assets.”
They are only stealing the interest, not the principal. Yellen says that’s totally different.
But the interest is $3.2 billion yet they are giving “ Ukraine” a $50 billion loan guaranteed by Russian assets. Most of which will go to Europe for “aid to Ukraine”…while the loan never gets paid by Ukraine. At least, not in money. In transferring ownership to creditors of Ukrainian farmland, mines and mineral deposits, gas fields, industry..perhaps
“There is no better symbol or use for the Kremlin’s money than to make Ukraine and all of Europe a safer place to live,”
That is like seething a kid in it’s mothers milk.
Ukraine has a history of loan defaults, since they became a “ country” in 1991.
They have defaulted on numerous IMF, World Bank, and EU loans since the 2014 Maidan coup. They will not repay and can not repay- their country lies in ruins.
Travelling the area extensively, brings the age old saying to mind.
“ when shaking hands with a Ukrainian, be sure to check how many fingers he stole”….every single bank in the EU knows just how corrupted they are. For that reason alone, they have since their inception been denied EU entry.
The EU is going to suffer as investment seeks safer economies and goverance.
The Ukraine war was the miscalulation by globalists on every decision. The method of purchasing the soveign resouces and national assets thu a govt installed by coup. The tying LGBT clauses in every agreement, and the further trade by loans secured by remaining Ukrainian assets for the purpose worn last generation military equipment.
The best thing for Ukraine is to be defeated and absolved from the theft of politicans who sold the nation for 5cents on the dollar. A Russian victory defaults those loans. It gives Ukraine back the assets legally stolen by politicans.
The reason the EU steals Rusdian assets is a criminal act which will require the EU moving into a state of war with Russia. Only war will give legal cover for such theft.
The US since 1979 never dared touch Irans billions being held. The underpinning of the US led international banking system was at stake by illegal theft of Iranian assets.
Yet our leaders today continue their miscalculations surrlu ding Ukraine.
We have isolated the West by our failed diplomacy, our own internal money printing, and we have made the case for Brics.
Brics is experiencing an unexpected explosion of membership applications. Before Ukraine Brics was on track to have 30 members. Instead, there are now over 160 countries seeking membership.
The number one issue for Brics membership is US & EU sanctio s, which Brics addresses by making it illwgal for member nations to engage in sanctions and embargoing other countries.
Brazil, Russia, India, China & S.Africa (or now Saudi Arabia) are the major nations. Absent are the West.
The globalists are being repudiated but they will burn the West to the ground if they cannot control the world.
The EU and individuals involved will be held accountable by the rest of the world, either by courts or the state of economies.
Ukraine has been divided between the NATO banking and investment companies. Anything that can produce value in Ukrakne is under foreign loans.
Just you wait, when the “reconstruction” begins these “frozen” funds will be used to “rebuild” Ukraine. If the funds are “frozen” they can’t be pilfered. Once unfrozen, they can.
Exactly, I can also add the Brics economic venture has now surpassed the West’s inept G7 in wealth.The Brics M-Bridge ( gold and commodities backed) currency unit will surpass anything the West has to offer when finally instated.
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