This is one of those actions that is completely understandable and an unambiguously moral decision, but the blowback has the potential to upened the entire post-WW2 American centric global financial order. Maybe for the better, maybe for the worse, I don’t know, but it’ll probably depend alot on what your vantage point is.
Don’t matter. If you have enough guns to wipe any complaint out, payment is more of a formality.
The blowback I’m referring to wouldn’t be kinetic, it’d the loss of the monetary hegemony provided by American lead banking system and the USD being used as a global reserve currency.
Except, they don’t. They can’t even keep up with the demand from both Israel and Ukraine. The MIC isn’t spinning up fast enough, and local factory production is almost non-existent. Soon the bark is going to be more than the bite.
the MIC like wars to last longer, they never want a victory or defeat. republicans just scapegoated ukraine for some reason and dont want to support them further
Why only Russian Assets? There are probably a few $Trillion assets in tax-shelters within America’s own borders. Charities, Churches and Foundations, and that’s before you even get to shell companies and holding companies.
More then enough money to pay for literally anything, including paying down the federal deficit if you don’t understand monetary policy and you feel like that is important for some reason.
Because you can’t do self-harm. The state would never allow for its own hand to be cut off. Russian assets are from a whole different pool of capitalists.
Do you like being the global economic superpower with hegemonic influence over the world economy? Because this is a good fucking way to get other nations to tell you and the World Bank to fuck right off. Can’t seize assets that are not part of your banking regime, and this definitely incentivizes de-dollarization.
The US would be shooting itself in the foot.