$300 billion in Russian assets - what would you do?

[F1fan]

It confirms why certain godless élites are funding the war in Ukraine.
To plunder Russia.

After dismembering her of course.

That damn Hitler. And Italy is complicit.

You are talking about 1941 since what you say makes no sense to current affairs.

 

[Revoltingest]

That coming from a person who thinks that there is no 'military industrial complex' despite the warning that there is such a complex from a former general and a President. A grain of salt is due here.

I don't believe in things that lack evidence.
That also includes, God, Allah, faked Moon landings,
9/11 was staged by the Jews or the federal government.

That warning came from a politician, who also offered
no evidence. Do you believe every claim by every
President?
Think for yourself, fella.
Where's the evidence of the military or a contractor
controlling foreign policy (which is what the conspiracy
theorists claim) that sends us to needless wars?
The better explanation is that voters like war. Consider
Obama....he promised to end the wars, but kept them
going, & even implemented the "surge".
Then he was re-elected.
GW Bush also won re-election with wars raging.

 

[JIMMY12345]

It's illegal from Russia's perspective.
It's legal from USA's.
Under international law, I see debate.
As for it being arbitrary, that's just wrong.
There are sound reasons for doing it.

Yes, if USA behaves in a manner that
inspires seizing of assets, that to can
happen. Cuba did it.

Amongst the sound reasons are Ukraine support will waver especially when Trump is POTUS. Many of USA citizens have family trees and their DNA from Europe (including Trump:German origins).
Putin threatened UK and then Prime Minister Liz Truss with nuclear warfare.If Trump yells Great to the Ukranian invasion what will he do if UK gets attacked?
Spend the money.Russians and Chinese etc have huge national and personal assets in dollar assets so the dollar is safe.When India paid for oil in rupees .Putin was scornful.He wanted Dollars (USA) not the rupee.

 

[Shaul]

There is a typically overlooked aspect of this that I think should be recognized. This action undermines the use of the U.S. dollars as a global currency standard. By unilaterally seizing these assets it raises the specter of the U.S. using its currency being a reserve currency as a political weapon. There makes it less attractive to others to use it as a reserve currency. That is not a small thing. The U.S. has not done this before and by doing so the Biden administration is playing a perilous game.

 

[Revoltingest]

Amongst the sound reasons are Ukraine support will waver especially when Trump is POTUS. Many of USA citizens have family trees and their DNA from Europe (including Trump:German origins).
Putin threatened UK and then Prime Minister Liz Truss with nuclear warfare.If Trump yells Great to the Ukranian invasion what will he do if UK gets attacked?
Spend the money.Russians and Chinese etc have huge national and personal assets in dollar assets so the dollar is safe.When India paid for oil in rupees .Putin was scornful.He wanted Dollars (USA) not the rupee.

This post isn't clear.

 

[JIMMY12345]

Realistically, unless a government can prove in a court that these assets should be confiscated on legal grounds, such as links to criminal activity, they should continue to belong to the Russian government or Russian citizens based on their property rights. These remain private property subject to due process of law and after the Russia-Ukraine war is over and the sanctions have been lifted (which will happen eventually), the assets would be returned to the Russian government.

It's important to underline that the Western governments have NOT declared war on the Russian Federation (which is a good thing as it would precipitate a Third World War between Russia and NATO). So it's hard to construe this is a war-time measure by governments participating in the Russia-Ukraine War. Nor does it sound as if this is sanctioned by the United Nations or International Law.

[Original Article: https://www.reuters.com/world/europ...-300-billion-reserves-frozen-west-2023-12-28/ ]

The end justifies the means. Laika was the first dog to be put in Sputnik and in Space back in 1957.However it died from heat exhaustion.
Chaika and Lisichka suffered the same fate.Belka and Strelka survived paving the way for Yuri Gararins launch.

The point ?.Who steals my purse steals trash (Shakespeare).This way no Ukrainians or Russians die.Its just transactional financial operations.

 

[PureX]

CHRISTIANSTED, St. Croix, Dec 28 (Reuters) - G7 leaders will discuss a new legal theory that would enable the seizure of $300 billion in frozen Russian assets when they meet in February, two sources familiar with the plans and a British official said on Thursday.

U.S. and UK officials have worked in recent months to jumpstart efforts to confiscate Russian assets immobilized in Belgium and other European cities, and hope Group of Seven leaders agree to issue a stronger statement when they meet in late February, around the second anniversary of Moscow's invasion of Ukraine, the three sources said.
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Go on - What would you do?

I understand freezing it to keep the Russians (Putin) from using it to further harm Ukraine. I do not believe that anyone has the right to seize (steal) it, however.