The confiscation of the assets in the West of the alleged Kremlin friendly oligarchs, without any sort of judicial proceedings, really should make all international investors question whether it is worth it to invest in any of the NATO nations.
The US can use any excuse or no excuse at all as long as the vassals are willing to comply. Due to the unmaskable US decline, it is obviously up to the vassals to decide. When Napoleon returned from the failed Russian expedition, various countries subordinated to the French empire started revolting. I always think it was a miracle that Napoleon can even go back to Paris. As for Europe, so I heard rumor that Italian prime minister is to visit China soon. Even if the trip is officially to pressure China, I am interested to know what else are to be discussed. Among the larger economies, Italy is the most vulnerable due to a quick decoupling from China. As for slow decoupling, well, mostly everybody can do that, except that rarely happens in real life.
That’s the best chance the world has perhaps. We need some of those vassal states to walk away. I am hoping if one peels off the rest will follow as the leaders become intimidated by their own people.
Saudis Threatened To Sell European Bonds If Russian Assets Were Confiscated
In a fascinating geopolitical development, Bloomberg reports that Saudi Arabia privately hinted earlier this year it would sell some (or all) of its European debt holdings if the G-7 confiscated Russia's frozen assets.
I have been wondering what the effects will be when the West reneges on its debts (sovereign and private) to China. To that we must now add consideration of massive Chinese disinvestment.
Europe was willing to have its energy security and thus its industrial base destroyed by the US without so much as a whimper of official protest or even mention.
I have wondered about that too. But, here and there, I see stories exposing the considerable dissent submerged beneath the apparently quiet waters. For example, Nordstream was built in defiance of the US in the first place. How long will the US be able to hold its 'allies' together? This article reveals yet one more reason pressure is building within the alliance that could eventually blow it to pieces.
The confiscation of the assets in the West of the alleged Kremlin friendly oligarchs, without any sort of judicial proceedings, really should make all international investors question whether it is worth it to invest in any of the NATO nations.
"...unless the EU is willing to lose tens of billions of dollars just to please the US."
You say that as if they had a choice?
The US can use any excuse or no excuse at all as long as the vassals are willing to comply. Due to the unmaskable US decline, it is obviously up to the vassals to decide. When Napoleon returned from the failed Russian expedition, various countries subordinated to the French empire started revolting. I always think it was a miracle that Napoleon can even go back to Paris. As for Europe, so I heard rumor that Italian prime minister is to visit China soon. Even if the trip is officially to pressure China, I am interested to know what else are to be discussed. Among the larger economies, Italy is the most vulnerable due to a quick decoupling from China. As for slow decoupling, well, mostly everybody can do that, except that rarely happens in real life.
That’s the best chance the world has perhaps. We need some of those vassal states to walk away. I am hoping if one peels off the rest will follow as the leaders become intimidated by their own people.
Saudis Threatened To Sell European Bonds If Russian Assets Were Confiscated
In a fascinating geopolitical development, Bloomberg reports that Saudi Arabia privately hinted earlier this year it would sell some (or all) of its European debt holdings if the G-7 confiscated Russia's frozen assets.
https://www.zerohedge.com/geopolitical/veiled-threat-saudis-warned-g-7-against-russian-asset-seizure-plan
Whatever happens if seems clear China was wise to heavily diversify its investment and its credit exposure, starting what, 15 years ago?
/it
I have been wondering what the effects will be when the West reneges on its debts (sovereign and private) to China. To that we must now add consideration of massive Chinese disinvestment.
Europe was willing to have its energy security and thus its industrial base destroyed by the US without so much as a whimper of official protest or even mention.
I have wondered about that too. But, here and there, I see stories exposing the considerable dissent submerged beneath the apparently quiet waters. For example, Nordstream was built in defiance of the US in the first place. How long will the US be able to hold its 'allies' together? This article reveals yet one more reason pressure is building within the alliance that could eventually blow it to pieces.