You can be sure they're trying to figure a way to justify stealing the assets actually there (about 206 billion). But some wags here have already tacitly have said in effect 'we can seize them as reparations (usually those are something that occurs post hostilities). What are they going to do, nuke us?"
” U.S. Treasury Secretary Janet Yellen said there was a possibility Group of Seven nations would support Ukraine by as much as $50 billion using loans linked to seized Russian assets, Sky News reported on Tuesday.”
May it be so!
I agree. Just seize the funds and use them to counter Russian aggression. Why bother with the pretenses?
Russia might void Western patents and copyrights.
Sure, sieze a country’s assets. What could go wrong? It’s not like it would damage our reputation as a safe place to invest, would it?
You’re right.
And then they’ll want at least $ trillion (For the deep pockets of their cronies) to re-build Ukraine.
Why can’t WE keep it?
We’ll give you more money to watch you die.
Check out a couple of the neocon nutburgers on this thread rubber-stamping piracy, and the death of the US dollar as reserve currency!
Seizing assets is government theft and leads to confusion and unpredictability in financial markets.
It’s also bad for consumers and bad for businesses, which is the MO for the Biden/Harris administration.
“Rah Rah” War.....”Rah Rah” totalitarian government.(Sarcasm)
It’s just theft and money laundering.
I remember the good old days when I was in the Navy and we Hanged Pirates.
Now we give 'em jobs at the Fed.
Turning not just your children, but you grand and great grandchildren, into slaves.
This creepy troll wants to start WW3. Strap its ass to a tank.
” support Ukraine over the next several years”
Ha ha, there won’t be anything left of Ukraine in several years.
Why don’t they just give them the money that’s still left over from what they haven’t yet paid Iran? That money doesn’t belong to the current government of Iran. It never did. They weren’t in power when that money was paid for military equipment by the Shah of Iran. They never should have been given any of that money, especially not after attacking the U.S. Embassy in Tehran, and taking Americans hostage. That money should have been forfeited, not held, and given them as a reward by the likes of Obama and Biden.
Ukraine could be et pay a loan back.
They are uncreditworthy.
Afterwards, Russia can just claim that it bought Ukraine.
Two bad ideas combined: giving even more to the Ukraine money laundering opp AND losing international credibility by stealing Russian assets.
A loan. And they said Yellen has no sense of humor! Ha!