As a matter of fact, the Europeans are scrapping the bottom of the barrel for more aid for Ukraine, having to eye greedily at the US$300 billion seized from Russia to fund their commitment. It is not going to work. Russia holds, as collateral, almost US$1 trillion according to estimates, of Western assets still stuck in Russia. When a push comes to a shove, Russia can nationalize those assets and Western owners of those assets in Russia will lose everything.
If the USA and the Europeans do illegally seize those Russian assets instead of keeping them hostage, that will be detrimental to their desire to attract any further foreign investments. It will be cutting the nose to spite the face.
Anonymous
No comments:
Post a Comment