Friday, December 13, 2024

Tag: Funding Ukraine Through Frozen Russian Assets

Funding Ukraine Through Frozen Russian Assets

by Martin Armstrong, Armstrong Economics:

EU Economic Commissioner Paolo Gentiloni has claimed that the Group of Seven (G7) will release $50 billion in frozen Russian assets to Ukraine by October. These leaders agreed at the last meeting on June 13 that they would indeed take the money they confiscated from Russia and provide it to Ukraine in terms of a loan.

They stipulate this by saying they will only loan Ukraine money made on the profits of holding these assets. The risk will be shared among the G7 nations, and this risk is substantial, for Ukraine will no longer exist as a nation when this is over based on our computer models. Zelenskyy is too busy stuffing his pockets to actually care about his people or the future. He is banking on NATO invading Russia and extinguishing it as a country so he can then seize all the assets of Russia for Ukraine.