The real purpose might be to prevent the US from reaching a deal with Russia per point 14 of its leaked 28-point peace framework to invest a significant sum of its (by-then former) adversary’s EU-seized assets into joint projects, likely energy and rare earths, after the conflict ends.
There were very good points in this post. Obviously, the EU actually stole Russia's assets. Perhaps an additional purpose of the EU's theft of Russia's assets is to somehow stave off the EU's increasing obsolescence as a major player in world affairs.
Europe establishes a reparations commission in The Hague
These people are more than criminal.
They have no authority whatsoever, and any head of state who agrees to this must be immediately removed by his people.
Merz should also be told that we will NOT pay this back.
It is not our war! And we are more likely to receive reparations from Ukraine!
The special procedure used for this scandalously circumvented the veto rights of the member states, and if they have any character, they will immediately leave the EU.
Seven states are refusing to agree.
And there could easily be more.
But what we have already seen in recent days, the shouting, the scaremongering, the war cries, everything has escalated so massively, and I suspect that they are only doing it to squeeze more money out of us.
The people must now take action; they must put a massive stop to this, refuse to pay bills, request extensions, boycott, do everything they can to ensure that they no longer get any money.
Send clear warnings to the politicians and refuse whatever you can.
Italy should just keep demanding its gold...
If I were Trump, I would let the Russians give me the money, and in return they would give up all their bases and shelters in Europe, then the world could be divided into major powers, on which the nation states would then live:
Europe would then be Russia.
The USA,
Africa
and Asia...
Everything else free of occupation, and then the world can become a more peaceful place where trade can flourish.
Violence has never been a good thing.
Oh, and the UK... I forgot,
I would exclude it from all the major powers.
That would then be the island where the deep state is sent with no possibility of coming down.
EU needs the money to plug their budget holes and the launder it back to themselves. They are collapsing and they think this will buy them time. They need war it's the only way. They don't care about rules only survival of their unelected officials.
There are 3 elements concerned & interested in what will hapen to Ukraine. USA, Russia and the flunky EU countries. Forget the EU countries. Trumps concern is American relations with Russia. . Russians & Ukrainians are one and the same people. Same DNA, Orthodox religion, same alphabet and mosr common words are idenrtical. The very word Ukraine does not mean a nationality ,it means "borderland" whichis what ukraine is. Ulraine for it's own good should join up with Russia and become the largest country in the world , richest in energy and mineral resources. and protected by a Nuclear Super Power, RUSSA. No country would ever think of invading .PEACE , PEACE, PEACE.
I've often wondered whether that money might've already been spent supporting Europe's bond market. Apart from the forced pension fund and other buyers of Euro debt, anyone buying any European debt must be nuts, and yet the rates are barely different from US debt in spite of energy policy immolation of their economies. Hmmm.
Secondly, I also wonder if this move might be a maneuver to somehow keep Germany bound to the rest of Europe at a time when Germany's smartest move might be to repair relations with Russia and shuck the EU losers they have been carrying on their back. Certainly, this has long been a concern of the US and UK/France.
I noticed the US hasnt complained that loudly about this, which reinforces Andrew's insight that the US has gone along for the ride.
Il est intéressant de constater que face à un tel voleur, ni la Chine, ni l'Inde, ni aucun autre « ami stratégique éternel » de la Russie n'ont rien à dire.
Comme le disent Pepe Escobar et les membres de son club de bouffons : « l'hégémonie est morte ».
I wonder what is going to happen when, tomorrow, the EU Council decides to confiscate the Russian money against the will of the Belgian government. Then the Belgian government must execute the orders of the EU. Simply put, it must invade the offices of Euroclear, seize the money, and give it to the EU... This sounds ridiculous. I don't think that the Belgian government will do such a thing.
Euroclear and Belgium will go to court over this. Already announced they will.
Besides this, economists have already calculated the economic impact of this: an extra 60 basis points extra on government bonds in the EU next year which comes at 0.6% or 80B€ extra. The short sightedness of the EU is criminal.
It is indeed criminal. They are about to commit the Greatest Robbery of All Times, in order to continue the war in Ukraïne. Only, I suspect that there is more behind this than mere shortsightedness.
BRICS and its rise has shown that the global south wants international law to be respected. If and when they actually de facto STEAL the money and not just freeze it will open up a Pandora’s box that will unravel the Rules Based Order in ways impossible to predict. Russia is literally daring them to do it. The courts will be caught between a rock and a hard place with any credibility they might have left in serious jeopardy. If they to steal the money no one on this planet will be left unscathed IMO.
I wouldn't count Russia and China as parts of the Global South. South Africa - most definitely, India and Brazil - probably.
As to the courts being caught - maybe, maybe not. European courts are very much informed by the European Commission. I wouldn't consider them being aggressively independent. Anyway, because of the running away budgets of the EU member states (as well as US) resulting in currency debasement, what will probably happen is that international trade will turn to physical gold as counter-part to settling debt accounts.
It will. Belgium is too dependent on the EU. It's hugely indebted, worse than France. It's held afloat by the EU subsidies. But - for domestic consumption, it puts up a fight. On par with World Wrestling Federation.
I would argue that the real goal for the EU has always been to plunder Ukraine’s resources themselves. If one rightly surmises that beating Russian was never a realistic outcome then alternatively repossessing their investment from a powerless Ukraine would seem a plausible option. Why else do they want to deploy their own troops into Ukraine if not to exercise some control? The shear panic that ensued when Trump made a deal for rare earth minerals and now wants to use frozen Russian Funds to rebuild thereby leaving the EU out? It’s the equivalent of pulling the rug out from under them. Why would they want Ukraine to fight/lose for another 2 years? Strategically it doesn’t make sense IMO but financially perhaps it does..? 🤔 The EU is essentially shorting Ukraine ala Game Stop play and Trump is buying Ukraine’s stock out from under them…😉
Andrew is a smart guy yet he still fails to realize that the US and the EU are playing the ultimate game of "good cop bad cop" against Russia. The EU doesnt have free agency.
There were very good points in this post. Obviously, the EU actually stole Russia's assets. Perhaps an additional purpose of the EU's theft of Russia's assets is to somehow stave off the EU's increasing obsolescence as a major player in world affairs.
Hit it out of the park on this Andrew.
Europe establishes a reparations commission in The Hague
These people are more than criminal.
They have no authority whatsoever, and any head of state who agrees to this must be immediately removed by his people.
Merz should also be told that we will NOT pay this back.
It is not our war! And we are more likely to receive reparations from Ukraine!
The special procedure used for this scandalously circumvented the veto rights of the member states, and if they have any character, they will immediately leave the EU.
Seven states are refusing to agree.
And there could easily be more.
But what we have already seen in recent days, the shouting, the scaremongering, the war cries, everything has escalated so massively, and I suspect that they are only doing it to squeeze more money out of us.
The people must now take action; they must put a massive stop to this, refuse to pay bills, request extensions, boycott, do everything they can to ensure that they no longer get any money.
Send clear warnings to the politicians and refuse whatever you can.
Italy should just keep demanding its gold...
If I were Trump, I would let the Russians give me the money, and in return they would give up all their bases and shelters in Europe, then the world could be divided into major powers, on which the nation states would then live:
Europe would then be Russia.
The USA,
Africa
and Asia...
Everything else free of occupation, and then the world can become a more peaceful place where trade can flourish.
Violence has never been a good thing.
Oh, and the UK... I forgot,
I would exclude it from all the major powers.
That would then be the island where the deep state is sent with no possibility of coming down.
EU needs the money to plug their budget holes and the launder it back to themselves. They are collapsing and they think this will buy them time. They need war it's the only way. They don't care about rules only survival of their unelected officials.
The real purpose is to extend the sanctions against Russia indefinitely. Forever sanctions means, nobody has to pay back the money.
There are 3 elements concerned & interested in what will hapen to Ukraine. USA, Russia and the flunky EU countries. Forget the EU countries. Trumps concern is American relations with Russia. . Russians & Ukrainians are one and the same people. Same DNA, Orthodox religion, same alphabet and mosr common words are idenrtical. The very word Ukraine does not mean a nationality ,it means "borderland" whichis what ukraine is. Ulraine for it's own good should join up with Russia and become the largest country in the world , richest in energy and mineral resources. and protected by a Nuclear Super Power, RUSSA. No country would ever think of invading .PEACE , PEACE, PEACE.
I've often wondered whether that money might've already been spent supporting Europe's bond market. Apart from the forced pension fund and other buyers of Euro debt, anyone buying any European debt must be nuts, and yet the rates are barely different from US debt in spite of energy policy immolation of their economies. Hmmm.
Secondly, I also wonder if this move might be a maneuver to somehow keep Germany bound to the rest of Europe at a time when Germany's smartest move might be to repair relations with Russia and shuck the EU losers they have been carrying on their back. Certainly, this has long been a concern of the US and UK/France.
I noticed the US hasnt complained that loudly about this, which reinforces Andrew's insight that the US has gone along for the ride.
Il est intéressant de constater que face à un tel voleur, ni la Chine, ni l'Inde, ni aucun autre « ami stratégique éternel » de la Russie n'ont rien à dire.
Comme le disent Pepe Escobar et les membres de son club de bouffons : « l'hégémonie est morte ».
I wonder what is going to happen when, tomorrow, the EU Council decides to confiscate the Russian money against the will of the Belgian government. Then the Belgian government must execute the orders of the EU. Simply put, it must invade the offices of Euroclear, seize the money, and give it to the EU... This sounds ridiculous. I don't think that the Belgian government will do such a thing.
Euroclear and Belgium will go to court over this. Already announced they will.
Besides this, economists have already calculated the economic impact of this: an extra 60 basis points extra on government bonds in the EU next year which comes at 0.6% or 80B€ extra. The short sightedness of the EU is criminal.
It is indeed criminal. They are about to commit the Greatest Robbery of All Times, in order to continue the war in Ukraïne. Only, I suspect that there is more behind this than mere shortsightedness.
Court, Shmort. The EU commision will tell the court how to decide.
BRICS and its rise has shown that the global south wants international law to be respected. If and when they actually de facto STEAL the money and not just freeze it will open up a Pandora’s box that will unravel the Rules Based Order in ways impossible to predict. Russia is literally daring them to do it. The courts will be caught between a rock and a hard place with any credibility they might have left in serious jeopardy. If they to steal the money no one on this planet will be left unscathed IMO.
I wouldn't count Russia and China as parts of the Global South. South Africa - most definitely, India and Brazil - probably.
As to the courts being caught - maybe, maybe not. European courts are very much informed by the European Commission. I wouldn't consider them being aggressively independent. Anyway, because of the running away budgets of the EU member states (as well as US) resulting in currency debasement, what will probably happen is that international trade will turn to physical gold as counter-part to settling debt accounts.
It will. Belgium is too dependent on the EU. It's hugely indebted, worse than France. It's held afloat by the EU subsidies. But - for domestic consumption, it puts up a fight. On par with World Wrestling Federation.
I would argue that the real goal for the EU has always been to plunder Ukraine’s resources themselves. If one rightly surmises that beating Russian was never a realistic outcome then alternatively repossessing their investment from a powerless Ukraine would seem a plausible option. Why else do they want to deploy their own troops into Ukraine if not to exercise some control? The shear panic that ensued when Trump made a deal for rare earth minerals and now wants to use frozen Russian Funds to rebuild thereby leaving the EU out? It’s the equivalent of pulling the rug out from under them. Why would they want Ukraine to fight/lose for another 2 years? Strategically it doesn’t make sense IMO but financially perhaps it does..? 🤔 The EU is essentially shorting Ukraine ala Game Stop play and Trump is buying Ukraine’s stock out from under them…😉
Andrew is a smart guy yet he still fails to realize that the US and the EU are playing the ultimate game of "good cop bad cop" against Russia. The EU doesnt have free agency.
Blatant hypocrisy for the U.S. or Israel regarding paying for bombing people, especially in self defense