It is a sign of stupidity to consistently repeat the same mistakes and ignore the consequences. Voices are being raised from Estonia and the European Union to confiscate Russian assets worth 160 billion dollars and feed them into the war in Ukraine. More oil on the fire! It seems that Western politicians still cannot intellectually comprehend even the biggest of the misguided strategic mistakes they have made: the arming of the dollar with the subsequent accelerated de-dolarization of the world economy. Now they are following suit and expropriating Russian banks, private individuals and investors in the next round of an ever-increasing conflict. Still: no diplomacy far and wide, just Tucker Carlson's maledictions for the interview he gave in the Kremlin.
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Russia is still sending natural gas to Europe
Austria is buying more than ever before
Not your bank, not your money.
Are You one of these crazy bitcorners?
Yes.
Every few weeks I have one of my clever moments..
Wish you a lovely day T
Thank you, I'm not crazy enough.
USA did something similar to Iran in or around 2012.
This is why Obama had to ship 1 billion cash to Iran in 2015 like it was the Middle Ages
Eh. Bad take. This is opinion.
War is war. Are you confused.??
Where is this a bad take? Don't You understand the consequences of the weapanization of the USD? After two years You still believe the propaganda? Grow up. It's war. Truth is the first victim
Its already happened! The world has woken to this already. But it has been a non-military tool we have used for decades. Cat is out of the bag. Us it while you can before it all goes away. BRICS is partially formed because the awareness of the weaponized dollar!
Will it speed up de-dollarization? Seems to be your thesis in this post. Maybe you are correct. But the dollar as a weapon is a known tactic.
they should never have expropriated Russian assets. that was a serious strategic mistake that can massively accelerate de-dollarization. but i'm talking about a process that can extend over years, if i'm the tenth.
What should be done about this Russian aggression? No good choices in war.
We never seized Soviet assets during the Cold War or German or Italian or Japanese assets during World War Two. I am not talking about Japanese Americans who lost their property during internment
This was a historical mistake as it destroyed the trust that ia needed to build trading patterns
How about neutrality? Humanitarian help? Diplomacy?
Doesn't always work.
Eventually you need force, sometimes.
Some people wont stop. Some people are unreasonable.
But would haven been worth a try. Now 600.000 Ukrainians and 70.000 Russians are dead