Comment on The EU’s great frozen Russian asset holdup by Rules Based Disorder
These monies will go down as the best $200 billion the Russians never spent. Why? It will bring down the Fourth Reich. The consequences of piracy on this scale is a very bad idea for the West. Britain and the EU are in lockstep here. But Britian secretly wants the EU to fail like the US. The European imbecile elites may wish to throw a spanner in the works of peace and continue the war to justify their "emergency powers" power grab to expand control within the EU, but its going to cost them their entire project. Even using the reserves as collateral means in the case of Ukrainian default (100% likelihood) they will get seized. And the legal ramifications will bring down Euroclear and the EU. It is the beginning of the end of the EU. The EU is going to be carved up like a roast lamb.
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