Euroclear, which holds 191bn of 260bn in frozen Russian assets, warns against G7 plan to backstop Ukraine debt with Russian assets - eviltoast
  • dugmeup@lemmy.world
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    2 years ago

    No sure if your statement is sarcastic:) It reads like it? But yes it would be a good precedent - invade and lose your foreign assets.

    • brain_in_a_box@lemmy.ml
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      2 years ago

      For it to be a precedent, it would have to be applied consistently. But it isn’t; you don’t see Isreal having its assets frozen, or Britain, or France, or the USA. Which means he only precedent you see is the West stealing financial assets from its enemies, regardless of who the aggressor is.

      • wildncrazyguy@kbin.social
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        2 years ago

        Hey, when the funds are stored in Russian banks, you are certainly welcome to freeze them all you want. But for some reason they typically aren’t. Huh, I wonder why?