I’m sure this won’t backfire again
Reuters yesterday: Yellen: Moves to unlock value of frozen Russian assets ‘necessary and urgent’
U.S. Treasury Secretary Janet Yellen on Tuesday underscored the urgency of moving forward together with Western allies to unlock the value of frozen Russian sovereign assets to help Ukraine, but said the U.S. had no “preferred strategy” for how to do so.
As someone who wants the end of Western hegemony I have to say: do it
Mhm frozen assets have the potential to become unfrozen and then we have to pay back Russia right? Don’t think it’s a good idea.
The people deciding to spend the assets. Are the same people that decide the punishment for trading with a sanctioned nation.
So technically no. The assests belong to corps and indeviduals accused of fiscal crimes in the EU. IE supporting Russia against sanction rules.
When you pass money from one nation to another your rights depend on the nation the money is in not the ideals you expect.
No nation is a safe place to store money when its politicians are considered to be at war.
