Everyone should get crystal clear as to what happens if a "NATO bank" is formed with seized russian assts.
What happens is that industrialists and financial companies across Europe will take huge hits - financial losses - that will harm European financial systems. Because across Europe rich people and banks own assets in russia: stocks and shares in listed companiess, bonds, buildings, private companies, cash in bank accounts, and so on.
Currently those assets are frozen in Russia, not siezed. If the US "(NATO") makes this move, Russia will simply do the same. And it harms Europeans more than the US, because its Europeans that have invested far more in Russia than any one in the US:
I'll bet this is not mentioned by the Atlantic Council.
But it will cause financial losses, and will harm both those who take the losses, and their creditors the EY.
NATO lunatics
Totally bonkers🥴
Everyone should get crystal clear as to what happens if a "NATO bank" is formed with seized russian assts.
What happens is that industrialists and financial companies across Europe will take huge hits - financial losses - that will harm European financial systems. Because across Europe rich people and banks own assets in russia: stocks and shares in listed companiess, bonds, buildings, private companies, cash in bank accounts, and so on.
Currently those assets are frozen in Russia, not siezed. If the US "(NATO") makes this move, Russia will simply do the same. And it harms Europeans more than the US, because its Europeans that have invested far more in Russia than any one in the US:
I'll bet this is not mentioned by the Atlantic Council.
But it will cause financial losses, and will harm both those who take the losses, and their creditors the EY.