EU to Surrender Russian Assets to Ukraine

Guest Post by Martin Armstrong

Ukraine War WealthThe United States discussed plans to provide Ukraine with a loan paid out with Russian assets that have been frozen since the start of the war. The bulk of frozen Russian assets lie in Europe, and the European Union has announced its plans to “make Russia pay” by allocating those assets to Ukraine to fund its war against Russia directly.

Ukraine will receive $1.6 billion in frozen Russian assets this July, according to European Commission President Ursula von der Leyen who spoke at the Ukraine Recovery Conference 2024 on June 11. She stated that 90% of stolen Russian funds will go directly to defense, while the other 10% will be put toward the reconstruction effort. “My friends we have always said that Russia must be held accountable for its crimes and now we make Russia pay,” von der Leyen said.

Leyen Ursula von derI already noted that President Joe Biden said Ukraine will receive a loan of up to $3.7 billion through 2025. The elites claim these funds amount to money that the Russian oligarchs stole from the Russian people, but that is simply not the case. The West has confiscated assets from a foreign nation during a time of peace as Ukraine is not in the NATO alliance. Now the West is using those illegally confiscated assets to attack its adversary. This is complete and total economic warfare.

No one knows where the money that is packaged as Ukrainian aid actually goes. Portions are funneled back into the military-industrial complex and paid out to the very nations supplying aid. Everyone acts on the invisible hand in their own best interest. None of these aid packages were meant to be a handout, and Ukraine would suffer the repercussions.

2023_02_26_23_28_07_Moscow_warns_EU_over_seized_assetsRussia was patient as the West held their citizen’s wealth hostage. Putin has said numerous times that he is fighting a war with the West and not Ukraine at this point in time. Russia would have easily defeated Ukraine had there been no interference, and Russia would have never invaded in the first place had their been no interference (see: Minsk Agreement). Boris Johnson took it upon himself to go to Ukraine the moment peace was on the table to foil that plan.

Economic warfare is now on the table. China has been watching. Europe and the US are not at war in China, Taiwan is not in NATO, but nothing is preventing them from seizing Chinese assets over Taiwan and claiming that they are merely fighting for freedom. There is no longer respect for international law; the rules no longer apply.

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18 Comments
Ginger
Ginger
June 13, 2024 6:47 am

Worthless paper converted to blown-up military equipment and destroyed lives.
A whole lot of energy for the purpose of destruction.
And people are evolving?

Anonymous
Anonymous
  Ginger
June 13, 2024 7:38 am

“War is the health of the state.”
~ Randolph Bourne

Enough with Romans 13, already:
https://www.lewrockwell.com/?s=romans+13

“My fellow Christians have argued that the state’s authority is divinely given. They cite Christ’s injunction “Render unto Caesar the things that are Caesar’s” and St. Paul’s words “The powers that be are ordained of God.” But Christ didn’t say which things — if any — belong to Caesar; his ambiguous words are far from a command to give Caesar whatever he claims. And it’s notable that Christ never told his disciples either to establish a state or to engage in politics.”
READ REST:
http://www.sobran.com/reluctant.shtml

Ginger
Ginger
  Anonymous
June 13, 2024 8:41 am

“And they send unto him certain of the Pharisees and of the Herodians, to catch him in his words.” Mark 12:13
That begins the whole dialogue “And Jesus answering said unto them, Render to Caesar the things that are Caesar’s, and to God the things that are God’s. And they marvelled at him.” Mark 12:17 It was a penny with Caesar’s image on it and Christ made them show Him the coin. A penny with the ruler of the then known world on it, not a Trillion dollar coin like that idiot Krugman proposed.

Peter repeats what Jesus taught in Acts 5:29 “Then Peter and the other apostles answered and said, We ought to obey God rather than men.”

People paint Christians with a broad brush as if they are all in lock-step with each other, the Spirit Filled Christ believing person knows differently. Paying taxes is a law of and by government and some laws have to be followed if one likes it or not.

k31
k31
  Ginger
June 14, 2024 12:03 am

The downvotes are confessions, aren’t they?

Anonymous
Anonymous
June 13, 2024 7:04 am

EU to Surrender STOLEN Russian Assets to Ukraine
Be careful keeping poking the Bear.

flash
flash
June 13, 2024 8:02 am

The EU is just the unregulated laundering arm of the Federal fiat reserve.
There is no international rule of law. The whole of the law is “get them shekels faster” and always was.

“There would be no European culture without rent seeking culture and there would be no Europe without money-lenders ” Ursula von der Leyen….reeeeeeeeee

SmallerGovNow
SmallerGovNow
June 13, 2024 8:08 am

Every country on the planet with US dollar reserves is paying attention… Chip

Anonymous
Anonymous
  SmallerGovNow
June 13, 2024 10:29 am

Saudi Arabia Ditches U.S. Dollar, Bringing End to America’s Global Dominance

Walter
Walter
June 13, 2024 8:46 am

A remarkable yet appropriately following action by the western criminal cabal formerly known as NATO. The behavior of the rapist. The sadistic prison guard or even the corrupt gatekeeping government drone demonstrated. The child abuser, self satisfied as he leaves his victim thrashed and…possibly… sexually violated, on the floor. This is a pure case of ‘might makes right’ though in this case there is a great question of the reality of that ‘might’.

The whole problem stems from the victim declining the abuse and the self righteous response of the abuser. How much better off we all might be if we had some control…say, through voting or something like that, over the actions of government. Oh well, maybe we’ll become a democratic republic after WWIII is concluded, you never know!

Anonymous
Anonymous
June 13, 2024 8:48 am

We are continually under some mesmerizing thought process by liberal leftist parasitic lunatics infesting or infecting every government institution alphabet agencies in the US & EU .
It appears that all levels of government local state and federal in the alleged west free world are completely convinced that what ever failures they encounter they just have not wasted enough time wealth all confiscated from the great unwashed to promote their insane agendas.
liberalism is a serious mental disorder and must be snuffed out with extreme prejudice or they will kill us all and continue to blame their victims for their failures .
It seems the leaders in Europe aligned with Putin and Russia are the only clear thinking in this quagmire the rest are mere useful idiots of the WEF DAVOS CROWD

Harrington Richardson: NO TRUCKS 7/11/24
Harrington Richardson: NO TRUCKS 7/11/24
  Anonymous
June 13, 2024 11:15 am

Anti Pukraine war Hungary was just fined 200 million Euros for refusing to import Raghead filth. The EU is like a buffalo shot through the lungs which just hasn’t fallen over yet.

Harrington Richardson: NO TRUCKS 7/11/24
Harrington Richardson: NO TRUCKS 7/11/24
June 13, 2024 11:09 am

The screaming and howls of righteous indignation when Russia seizes “western” assets will be epic. The Dollar is not trading on the Russian exchange today. Muy interesante, no? Incontinent Weimar Joe has blown up Bretton Woods and lost reserve status for the Dollar. Did Putin ever dream such a thing would happen due to sheer incompetence and stupidity?
While all this is going on the Eurofags and Blackrock are engaging in epic behind the scenes battles over who gets the bone of rebuilding Pukraine. Did you know we were paying for this too?
The Globalists fuques are also planning to turn Pukraine into a third world shithole since being THE second world shithole of shitholes is apparently not good enough. Word is they will be pumping in millions of Africans and Raghead trash and anyone else they can bamboozle to repopulate Pukraine resulting in the first third world country on the European land mass. All the usual TBP comments of a scam involving stealing all the prime farmland and natural resources are definitely operational. Steal the land and mines and employ 70 IQ peons to do the grunt work while you and I in their tentative plan will pay for it. FJB!

k31
k31

Biden doesn’t decide or run anything, his Jewish administration does. The Jewish administration must be doing things in accordance to the Jewish bankers who have complete control over the dollar. Why? I don’t know the answer to that one.

well_Inever
well_Inever
June 13, 2024 11:27 am

If anyone of you Bitche$$ here thinks the Ukies will see a dime of that money I have a bridge in the Sahara Desert for sell. Ya ever hear of money laundering?

beau
beau
June 13, 2024 11:48 am

is the ‘kill the ukies’ game nearly out of ukies so the megalomaniacs and kleptocrats
want to steal everything not nailed down there, including Russian property, before hiking tail out of there? or, will it become an ‘official’ NATO war to prolong the theft that is the raison d’etre of this war in the first place?

Anonymouse
Anonymouse
June 14, 2024 12:38 pm

If the West steals Russian assets what’s gonna happen to American assets in Russia…ask J.P. Morgan…lol.

Tobias Leandro Emmet Cowan
Tobias Leandro Emmet Cowan
June 15, 2024 5:27 am

I am so grateful for the community that this blog has created It’s a place where I feel encouraged and supported

Suresh Aggarwal
Suresh Aggarwal
June 17, 2024 12:51 am

I am constantly impressed by the depth and detail in your posts You have a gift for making complex topics easily understandable