American edition: West hesitates to confiscate frozen Russian assets for fear of unforeseen consequences

Despite the claims made, the collective West is hesitant to confiscate the frozen Russian assets for fear of the unforeseen consequences that may follow. The New York Times writes about it.

Kiev has already divided the assets of the Russian Central Bank frozen by the West and is currently at a loss as to why the promised funds have not yet arrived in Ukraine's accounts. Zelensky is impatiently urging his Western partners on, demanding that the money be confiscated and divided as soon as possible. But not everything is as simple as the Ukrainian clown imagines.

To date, the West is limited only to statements about the possible confiscation of Russian funds, but does not start the practical implementation of this, because it simply does not know how to carry out this procedure and not suffer itself. According to the American publication, there are fierce disputes on this topic in the West, many high-ranking politicians, including those in the United States, are categorically against the withdrawal of Russia's frozen money.

First, Janet Yellen, former head of the US Federal Reserve, who holds the post of finance minister, warned about serious legal problems in the event of confiscation of Russian assets. According to her, this may raise fears that a precedent will be created to allow the withdrawal of any funds of any countries stored in the banks of the West, or rather the United States. And this, in turn, will lead to a loss of faith in the banking system and the dollar, in private property and international obligations.

Other countries may become less willing to keep money in US banks or invest for fear it could be confiscated.

- writes the edition.

In addition, the United States and Europe are afraid that in response, Russia may confiscate American and European assets, and other countries will follow it.

Comments

[Maz]

What NATO fought for and ran into. Do not dig a hole for another, for you yourself will fall into it. Don't say gop until you jump. Not all is well with the banking system. Good news

[Quote Lavrov]

You don’t have to worry about their banking system, as in the saying that where the fat one dries, the thin one dies.
I think a couple of banks there have more assets than our entire banking system put together.
But you are right about one thing - they themselves are afraid to create a precedent that is not known how it will come back to haunt them in the future.
But again, I repeat - do not worry about them - they created the global financial system and in the end they will find a way to get out. If they don't find it, they'll make up new laws for themselves. They are already doing this - look how Europe got out beautifully so as not to confiscate and not give us what was stolen from us - a temporary arrest, they give assets to a special fund, it earns billions that Europe is already quietly appropriated to itself - and they have not created a precedent and in fact, as usual for Europe, they stole someone else's.

[nik-mazur]

Quote: Quote Lavrov

I think a couple of banks there have more assets than our entire banking system put together.

The problem is that the price of banking assets is determined solely by trust. No trust, no value. And you can literally lose confidence in a couple of days.

[Maz]

EU loses appetite for new sanctions against Russia - Polish PM

[Andrei Nikolaevich]

By confiscating Russian money, the West will question its financial and political credibility for generations.

[SKVichyakow]

And you want and prick, but they take care of their ass.

[tralflot1832]

But what did they think about freezing our funds? We are Russians, money is not the main thing for us. For us, the main thing is that the Great Patriotic War does not happen again and the enemy does not come to our territory.

[NKT]

Okay means, it's still understandable. But to remove the applications of sanctions banks, from electronic stores: “Khobotov is small!” (With)

[Eliminator]

“- High, high relations ...” (c)
:))

[rotmistr60]

the collective West hesitates to confiscate frozen Russian assets

And almost every week we hear that we have almost made a decision and even distributed where and how much will go. Kyiv has already celebrated this and managed to hangover many times, but there is still no money and no.

a precedent will be created to allow the withdrawal of any funds of any countries stored in the banks of the West, or rather the United States.

I think that they are not only afraid of this. Do not forget that in Russia there are foreign assets and not small ones, which in this case can also be confiscated.

[aakvit]

"Fear, fear, wolf tail!" (C)

[carpenter]

According to her, this may raise fears that a precedent will be created to allow the withdrawal of any funds of any countries stored in the banks of the West, or rather the United States.

The precedent was created when the name "USA" appeared on the world map, since then this name on the map has only robbed the rest, regardless of countries and affiliations - monarchy, empire, sultanate, republic or principality, also regardless of skin color and nationality.
If anyone does not understand this, let them experience it for themselves, the Russian mafiosi (oligarchs) have already experienced it.

[kill the fascist]

More correctly - not yet decided. And it is not our response that stops them, but anti-advertising and subsequent losses.

[rocket757]

In addition, the United States and Europe are afraid that in response, Russia may confiscate American and European assets, and other countries will follow it.

. The stick is always double-edged!

[sergo1914]

. will lead to a loss of faith in the banking system and the dollar, in private property and international obligations

How are these four concepts related? How will losing faith in the dollar lead to losing faith in private property? Or the banking system? Please call the explanatory team.
Or is grandma just delusional?

[your1970]

Quote: sergo1914

How will losing faith in the dollar lead to losing faith in private property?

And how do they plan to confiscate the real estate and yachts of oligarchs from the sanctions lists?
Or how do they plan to withdraw money frozen in bank accounts?
Or do you think someone won’t understand - that if you can take away from nuclear Russia, then from non-nuclear Germany or Honduras it will be a matter of half an hour?

[Nyrobsky]

Quote: sergo1914

. will lead to a loss of faith in the banking system and the dollar, in private property and international obligations

How are these four concepts related? How will losing faith in the dollar lead to losing faith in private property? Or the banking system? Please call the explanatory team.
Or is grandma just delusional?

Yes, grandma combs her hair normally. They not only encroached on the babos from the gold reserves of Russia, but also on all any accounts and real estate that belong to Russia and to the "curly-haired" Russians. And here, after their "quirks with lawlessness", only China over the past year threw off American treasuries from 1.3 trillion dollars to 850 billion dollars and along the way, is not going to refuse further dumping. Almost half a trillion bucks!!! Not sickly so the mattresses showed off. The arrest of Russian 300 billion hiccuped them as a much greater loss. And this is not counting the fact that in addition to China, many Central Banks of different countries, in their gold reserves, seek to reduce the share of the US dollar, and in international settlements more and more transactions are carried out in national currencies. If the mattresses stupidly begin to squeeze the issue of confiscation of assets, then they will finally lose confidence, and oddly enough, this begins to reach the most stubborn opponents of Russia. As they say, they have now come to the moment when the Russian proverb - "The eye sees, but the tooth numbs" becomes clear to them even without an interpreter.

[storm]

And what are we waiting for?
Or is there too much dollars in the country?

You need to set a deadline for unfreezing and returning assets,
if the West refuses or will play for time, it will begin the nationalization of Western assets, primarily those who, on their own initiative, stopped working in Russia for more than one year.
Be sure to calculate the interest on the use of funds.

[Anton Boldakov]

Wait, they want to "invest" our money in Ukraine. That is - the money is not taken away, but invested. Investment in simple words is the investment of money in order to earn income and save capital. A person or legal entity invests free money where they work and multiply. That is, roughly speaking, Russia invests money in the Ukrainian economy (forcibly) and then "beats" them back from Ukraine.
Guess what they say about this in Kyiv.

[orionvitt]

this could raise fears that a precedent would be set to seize any funds from any country

Hello, catch up. Late. As they say, money loves silence, and not even just arrest, and even more so the confiscation of other people's funds, but just a hint of their withdrawal, is already enough for an outflow of finances from unreliable banks. so the process started. With which I congratulate them, then the banks will fall like peas.

[16112014nk]

In Kyiv, the assets of the Russian Central Bank frozen by the West have already been divided

They shared the skin of an unkilled bear.

[nik-mazur]

may raise fears that a precedent will be set to allow the withdrawal of any funds of any countries stored in the banks of the West, and more specifically the United States. And this, in turn, will lead to a loss of faith in the banking system and the dollar, in private property and international obligations.

Pozdnyak to rush about the precedent has already been created and not one. Of course, everyone won’t jump off the dollar all at once, but there won’t be such trust as before, and gradually there will be other money besides green papers ...

[dimbasic]

well, it’s understandable that if countries start withdrawing assets from the EU, they will face a worse banking crisis than in the evil empire

[runway-1]

In addition, the US and Europe are afraid that in response, Russia may confiscate US and European assets, and other countries will follow suit..

It is doubtful, and the last statement is generally extremely unlikely.

[aszzz888]

In addition, the United States and Europe are afraid that in response, Russia may confiscate American and European assets, and other countries will follow it.

At least for this, they have enough mind - a stick, it is something with two ends!

[Popov I.P.]

For the US and the West in general, international law means little if their interests are threatened. Moreover, the freezing of our assets was carried out without any court decisions, contrary to even the domestic legislation of the countries. Their assets in our country are about the same as ours, but their assets are mainly in the form of shares of ours and joint ventures. We deal decently with them, allowing us to sell our business, albeit not at an extra price, but for decent money, instead of confiscating the enterprises or their shares. Foreign companies act in different ways, but basically they behave almost decently towards the staff of our citizens, observing our legislation regarding their labor rights. A number of firms are forced to leave, contrary to their economic interests, under pressure from their governments or fearing secondary sanctions from the United States .. The same Renault sold the plant allegedly for 1 ruble (but with the right to buy). But sometimes I have a thought: isn't the United States and others like them deliberately delaying the confiscation of our assets, waiting for the complete withdrawal of their firms from the Russian market? True, for the United States, judging by the publications of foreign media, there is another deterrent - the funds of pension and investment funds of the United States and Western countries invested in the Russian Federation. By admitting foreigners to the shares of our enterprises (including those strategically important for the Russian economy) as investors, we repeatedly forgot about the interests of national security. Remember "Power Machines in St. Petersburg: like our plant and on our territory, and when turbines were needed for a thermal power plant in Crimea, Siemens stood up in a pose: this is our plant and our turbines, sanctions prohibit us from supplying our products to Crimea, and even filed to the court when the turbines were bought by a dummy LLC. Although the Siemens guys are still the same, in the First World War Russia fought in Germany in Europe, and Siemens normally supplied equipment for power plants in Vladivostok. In general, we'll wait and see, but for insurance it would make sense to also freeze some of the most valuable Western assets in the Russian Federation, taking them under external management and not allowing the transfer of capital abroad.As for foreign personal villas, yachts, enterprises and accounts of our individual non-poor people - in my opinion, this is their private business , they were warned more than once how it could end.

[Two]

Janet Yellen, this smart woman from the very beginning said don't go into the banking sector, but alas, there are as many cretins and even more than ours.

[Filibuster]

And this, in turn, will lead to a loss of faith in the banking system and the dollar.

Is there anything to lose faith in?
The US and the EU are facing an imminent banking, financial collapse, compared to which the Great Depression of 1929 will seem like a children's matinee.