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The Kremlin has been saying that if the $300 billion worth of Russian Central Bank assets that were frozen in response to the invasion of Ukraine are confiscate
by hollerith 3y ago
The Kremlin has been saying that if the $300 billion worth of Russian Central Bank assets that were frozen in response to the invasion of Ukraine are confiscated (e.g., to give them to Ukraine), the Kremlin is going to respond by confiscating assets in Russia held by Westerners.
- petre 3y agoWesteners who were dumb enough to move their assets into Russia in order to evade taxes. Like Depardieu, who recently got UAE citizenship.
- thriftwy 3y agoBut that's not a problem with Russia - that's the West not honoring their IOU. Also not problem for everybody else. The West is a minority of the Earth now, including financially.