seems like legitimizing the outright theft of foreign assets is going to give billionaires around the world some second thoughts about the security of their dollars held in u.s. banks
No defending Russian capitalists here, I want them all to be stripped of their wealth and the whole Russian state dismantled and replaced by a democratic socialist one. Those rich Russians should be eaten.
But the fact that the Russian state currently is letting their money get stolen (which they knew would happen when they started this war, and those capitalists knew would happen when Russia started this war, which is why they were begging to avoid it) shows that they aren’t oligarchs.
Only the countries stealing this money has oligarchs. And this is also evident by the fact that the money is getting stolen, since it’s hurting western governmental institutions. The world’s trust in the western system is being traded for more money to the capitalists.
seems like legitimizing the outright theft of foreign assets is going to give billionaires around the world some second thoughts about the security of their dollars held in u.s. banks
We’re continuing to speedrun dedollarization despite all evidence
Despite all evidence of what?
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This still leaves a surprising number of people
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Which is fine as they will also lose access to western capital markets
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This really only applies to adversary nations, specifically those committing war crimes.
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Pretty sure most US allies are either committing genocide or dream of it. At least outside of the western core.
Are you really complaining about Russian oligarch billionaires having their foreign assets seized? Whatever happened to ‘eat the rich’? 🤣
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I mean, many US states/cities already do forfeitures, so applying this to foreign individuals and entities is just… consistent??
What was the last billionaire over there that had their assets seized by the government?
“No you don’t understand, authoritarian thievery is our entire way of life here, we’re just being consistent.”
So we agree it’s a good thing then :)
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i wasn’t complaining no, more of a
No defending Russian capitalists here, I want them all to be stripped of their wealth and the whole Russian state dismantled and replaced by a democratic socialist one. Those rich Russians should be eaten.
But the fact that the Russian state currently is letting their money get stolen (which they knew would happen when they started this war, and those capitalists knew would happen when Russia started this war, which is why they were begging to avoid it) shows that they aren’t oligarchs.
Only the countries stealing this money has oligarchs. And this is also evident by the fact that the money is getting stolen, since it’s hurting western governmental institutions. The world’s trust in the western system is being traded for more money to the capitalists.