Poland`s aid to Ukraine if Russia invades - part 9

I've been reading about Western attempts to seize Russian sovereign assets for the last two years.

On the one hand, you have American lawyers arguing in favor, and on the other hand - European politicians and bankers stubbornly refusing to accept those arguments.

The reason is simple, only $38B of the $300B+ are in the United States. The overwhelming majority are in Europe.

It's Europes reputation, which will be wrecked, and not so much America's.

It's the Eurozone that will suffer from inflation and economic turmoil, as a result.

Currently, this is the situation:

1) Taxes were levied on the interest generated by those $300B. This brings in about $5-6B a year, and this money is already being allocated to Ukraine. From a legal point of view, this is somewhat kosher - since it's just taxation rather than outright theft.

2) The next stage, which is being argued, is much trickier. These $300B could be used as collateral, for bonds issued by Ukraine, which Russia would be forced to buy. If Russia refused to buy $300B worth of Ukrainian bonds, then these $300B would then be seized. This option seems idiotic to me. We are already $300B out of pocket, now we need to spend another $300B buying Ukrainian bonds?

3) The option which most represents outright theft, is selling the $300B worth of bonds, and just handing the cash over to Ukraine. This would probably lead to an economic collapse of some sort in Europe. Russia would immediately sue Euroclear (the custodian for most of our frozen assets), and probably win. Faced with a bankruptcy of Euroclear, European governments would have no option but to bail it out. This would cost a lot more than $300B. It would also suppress demand for European debt, cause higher inflation, and generally suppress economic activity.

-----


Read it and weep:

In theory, the Biden administration might be able to argue that the United States is somehow already engaged in "armed hostilities" with Russia over Ukraine so as to trigger the conditions set out in that amendment. But it hasn't done so yet: The April 2021 executive order that has been used to freeze various Russia-related assets identifies an "extraordinary threat to the national security, foreign policy, and economy of the United States" under the original IEEPA, but not "armed hostilities" or an "attack" under the 2001 amendment. And characterizing Russia's actions to date, including its cyber activities, as amounting to "armed hostilities" or an "attack" on the United States would run counter to the administration's clear policy of limiting the risk of escalation by avoiding any suggestion that Russia and the United States are engaged in a direct armed conflict with each other.

Source: lawfaremedia.org/article/legal-challenges-presented-seizing-frozen-russian-assets

@Velund

Thank you, Velund...Now I know how Z gets his loot and why our legal representatives in Congress smile so much when funding death in Ukraine is the subject.


...despite all the efforts by the MICC and neocons...You have to give them credit for trying...


Just drop one on Brussels and be done with this bs. You will get your money before the sun goes down.

Stealing two Hungarian GDPs, or one whole Czech GDP from Russia, without any legal justification whatsoever is a good way to go from a state of no hostilities to a state of all out war.

Russia is not a rich country. This represents a lot of money for us.

You'd better sell one of Putler's gold bidets then, or maybe get back the public assets stolen by oligarchs.

That's why I hate almost everything Western and for a very simple reason...their lies that they are better...starting with that bullsh*it called "our democracy". Democracy...my ass...


...or faggots' pride flags...you could probably cover the whole of Ukraine with them and end that war for lack of sun.

A stupid comment in response to a stupid comment...

I saw Ben Shapiro walk out if an interview with a conservative BBC journalist and it was hilarious

There is legal justification for appropriation of aggressor's assets - in fact the same laws that the USSR used to cart off machines from their Nazi allies in 1945

Do you seriously have missiles that could reach Brussels and get through NATO air defences ? Best laugh I had all day

You are not stealing Putin's money, or even the money of oligarchs.

When we discuss sovereign assets, you are literally stealing the bread of the Russian people.

Every Russian has claim on the reserves of the Central Bank of Russia. These are our rainy day funds, which we have been squirreling away for years, so that they may feed us when the oil and gas bonanza ends.

You stealing it, and giving it to those monkeys, is quite a big deal.

Then maybe you should have thought about that before invading a peaceful neighbor?

Maybe russians should have thought about that before meekly accepting their criminal government.

Maybe russians should have thought about that before your criminal government got so many of them killed and made russia a military laughing stock... losing so many ships to a country with no functional navy? Losers...

Again Where' the Cezar Kunikov?

Let's share this...

twitter.com/wartranslated/status/1757676612588314719

But Putler has been stealing your bread. As have oligarchs who have spaffed it all on footballers salaries and vulgar yachts. You never challenged that because the default Udmurtian position is to bend over for anyone who has a Maybach and a nice watch.

This bleating is hilarious

Oh, so you are stealing my $300B, because I have already been robbed in the past?

Wonderful logic.

An oxymoron of the year...A conservative BBC journalist...You can't make this crap up...

You are really funny, cymes...


Debating Poles is a unique experience, isn't it? That RDS...

Shoulda stayed home.....

Rich, it is not too late to do. And for countries that suffered from US "police actions" it is never late to declare any seized US-owned cargo ships or containers as "compensation" as some alternative genius told us above.

And you rained on Ukraine.


Aside from the windfall profits rightly sequestered within the EU, you'll be paying many times that in reparations for decades to come.

Try it.

You'll pay us the full amount, and you'll also fully reimburse our legal bills - which I'm sure will run over $500M at least.

In the process, you'll also become a little dumber, poorer, and angrier.

You're certainly butthurt.

Destroy cities, murder families, kidnap kids, deliberately target infrastructure and you have to pay out for that.

Where did I say we will not?

Do you seriously think we expect the West to help us reconstruct Ukraine?

I would rather drink battery acid, then let the West pay for Ukraine reconstruction. I'm sure Putin's position is similar.

Question was - what will you do with my money? If you use it to issue $300B worth of contracts to Lockheed, Raytheon, BAE, Airbus, and Rhinemetall - I will be very disappointed.

Do you even hear yourself? Ukrainians are not russians and do not want to be russians (who wants to join your loser culture?)

Not one word of remorse here about Ukrainian civilians needlessly killed by russia or russian soldiers dropping like flies but once money enters the picture you're active and engaged!

You'll have no role in Ukraine except to pay reparations and render your war criminals for trial.


Feel free to give him the battery acid. It would be less hassle than him blowing his brains out in a bunker further down the line.

No I think some will also go to Polish, Turkish and Czech armaments makers too. They are making some great kit.

Udmurtia meanwhile is falling further behind in military technology- nobody will touch you junk with a long stick these days, unless it is for a museum or a novelty item.

And BAe and a few other U.K. ones are at maximum production too.


I doubt they're even selling to Africa right now. People have seen their crap in action and it's telling that the only stuff the orcs have that works is from Iran and further east.

Bobko - knows the price of everything, and the value of nothing - right?

What is money?

I have a very specific understanding of money.

You people are fu*cking hypocrites. Morality to you is a completely foreign concept so don't try to moralize, you're like a blind guy talking about colors.

Russia invaded Ukraine, is killing, raping civilians and destroying entire cities. And is also stealing - land, private property, even children from their parents.

But you screetch 'robbery!' only when the West wants to convert some of the assets of the Russian rogue state into reparations for the invaded one.

Since you are a Pole, I will not react too harshly. You never stole my money, and behave more or less decently.

The West, however is a different matter. Essentially pirates.

Korvinus - they want this money, because they want to live their values on the cheap.

They had a chance to put their money where their mouth is - but their Congresses and Parliaments are creating obstacles. Now they want to virtue signal, with other people's money.

Instead of admitting they were wrong the entire time, they are doubling down, and now resorting to theft to save the situation.

Even if they steal these $300B and arm Ukraine up to the teeth, again, we will destroy all that accumulated kit, again.

All I hope for is that you watch their actions, and draw your own conclusions.

After all - what is $300B to the West, and was is it for Russia?

Hey... you wanted to leave the rules based international order behind.... maybe shoulda been careful about what you wish for.....

Welcome to the future.... where russia is still a loser country.

Big f*cking joke that ended up being.

Want a rules based order? Play by the rules.

But but what about multipolarity? Surely you don't need corrupt western currency when you have so many multipolar alternati.... ha h a ha ha ha!!!!!

Should have thought about this stuff before invading? What was going on in russian minds when this insane self-destructive jihad against Ukraine started?

That they earned every single thing coming their way (the government).

The people are blameless, as our record on civilian casualties can confirm.

Also, not to be defensive - but I actually understand money, unlike military strategy.

It's why I speak more on that subject.

There is an "election" coming up

Any Udmurtian who votes for Putler can not then say yet are blameless.