The United States is openly robbing and wants to rob 300 billion, how can Russia take it?

Mondo International Updated on 2024-01-31

More than 200 years ago, Americans shouted the phrase "private property is sacrosanct" and wrote it into the Declaration of Independence. More than 200 years later, however, Americans have shattered the myths they have created and betrayed the beliefs that were once held dogmatic.

Since the outbreak of the Ukraine crisis, the United States has repeatedly joined forces with its allies to "openly rob" and freeze Russia's assets overseas, in the name of "righteousness", to help Ukraine rebuild after the disaster, but recently it has changed its statement, claiming to use this money to fill the gap caused by aid to Ukraine.

As for whether the money was finally spent on the Ukrainian people or into the pockets of the United States and Western countries, no one can say clearly.

private property is sacrosanct".

However, the recent joint robbery by the United States and Germany has indeed angered Russia. A number of Western ** reports thatAs the funds for aid to Ukraine are about to run out, the United States has become very interested in the $300 billion in assets of the Russian central bank abroad.

At the same time, German prosecutors have also intended to confiscate 7200 million euros in assets.

In this regard, the Russian side directly denounced Germany as a "thief" and threatened that if the United States crossed the "red line", there was a risk that relations between the two countries would be "cut off".

According to statistics, since the beginning of 2022, the United States and Western countries have frozen a total of 260 billion euros of overseas assets of the Central Bank of Russia, and also kicked several major Russian banks out of the "SWIFT" payment system.

Central Bank of Russia.

For the United States, it has not only lost face, but also lost its lining. In the past few decades, the United States has been able to firmly sit in the position of "world boss" because of its strong strength and absolute superiority in the economic, military, and scientific and technological fields, and other countries dare not challenge it.

Second, relying on a series of propositions of "freedom, democracy, and human rights," the United States has frantically exported Western values to the outside world, causing many people to have a beautiful illusion about the United States, naively believing that the United States is a "beacon of human rights" and a "world policeman."

And the United States itself has indulged in this self-created aura, and has begun to become unscrupulous, arrogant, and even began to take the initiative to destroy the set of rules and order that it once admired, and to abandon all those ideas of equality and freedom.

For example, in the economic field, the United States once supported and led globalization, but now it is doing the opposite, setting up barriers, engaging in protectionism, and setting off a wave of "anti-globalization".

The United States wields the stick of sanctions.

This kind of contrast between the two sides actually has a great impact on its international credibility, especially for the United States, which overdraws its own international credibility and will only make itself more and more isolated.

Now, what the United States relies on is to have its own set of small circles, and if the people's hearts are scattered and even its allies do not listen to them, then the boss of the United States is actually a "lonely goose," and it will be difficult for him to shout at him.

To be specific, judging from the United States' plan to seize Russian assets in collaboration with its allies, at least two problems have been exposed: First, the funds for aid to Ukraine are indeed running out;Second, the Russian economy has survived under the sanctions imposed by the United States and the West.

Let's start with the first question, the United States and the West have continuously "transfused" blood into Ukraine, which has caused a great burden on its own fiscal expenditure. According to official U.S. statistics, from the beginning of 2022 to the present, the U.S. Congress has approved $113 billion in military aid to Ukraine.

U.S. Congress. But 2022 is another special year, after the new crown epidemic, the downward pressure on the global economy has increased, and the United States is no exception.

Not to mention that after the war, Ukraine will not be able to repay its debts at all, and the United States will have to wait until Ukraine repays the money, at least one or two decades later.

So, how to quickly see the "return money"?The answer is obvious, it is by "grabbing". Robbing Russia's overseas deposits, sanctioning other countries' corporations, and harvesting the world's economy to fill America's own deficit are the strategies of the Ansa people.

However, this US strategy did not work, and the Russian economy not only did not collapse, but was reborn. According to official Russian statistics, GDP is expected to grow by 35%。

The state of the Russian economy.

Moreover, with the help of energy and grain transactions, Russia has also established extensive economic ties with other countries except the United States and Europe. And all this is thanks to globalization, countries do not exist in isolation, and it is unrealistic for the United States to want to block Russia's development path on its own.

Take "SWIFT" as an example, which was originally a highly secure network built by Western countries to connect the world's major financial institutions, which can greatly facilitate foreign exchange transactions between countries.

However, it has been used by the United States as a tool to sanction other countries, in addition to Russia, the United States has also kicked out several major Iranian banks out of SWIFT, and the direct impact of this is that it cannot be traded in US dollars, and can only be traded with other countries after swapping with its own currency.

To a certain extent, this move by the United States has indeed caused economic pressure on the other side, and the international financial activities of the removed people will be severely restricted, and foreign exchange transactions with other countries may also face obstacles.

SWIFT system.

But let's not forget that the United States is facing Russia, and no one is more experienced in how to respond to Western sanctions, and Russia was ready for both before the United States made a move.

The first is to sell US bonds. Initially, the dollar accounted for nearly half of Russia's foreign exchange reserves, but with years of sell-offs, the total amount of the dollar in Russia's foreign exchange reserves has fallen to one-fifth.

And in Russia's sovereign wealth**, the dollar reserves have been cleared, replaced by an increase in the yuan, and a large **.

This shows that Russia has long been taking precautions and consciously adjusting the structure of its foreign exchange savings, and the results have also proved the correctness of doing so, and the diversification of foreign exchange reserves can indeed share financial risks.

Dollar. The second is to start anew. The United States has SWIFT, and Russia also has the "Russian version of SWIFT", and many years ago, Russia began to work on a payment system that would not be subject to Western interference. The Financial Information Transfer System (SPFS), the National Payment System (MIRs) and the Cross-Border Payment System for Renminbi (CIPS) with Eastern partners were launched.

These systems can replace the SWIFT payment system to a certain extent, and can also be protected from the interference of Western economic sanctions, but because the SWIFT system is still commonly used in the international community, the scope of use of these new payment systems is not extensive enough.

However, this limitation is only relative, as the United States more and more frequently wields the stick of sanctions, more and more unscrupulous abuse of financial instruments, it will naturally cause more countries to be dissatisfied or even resisted, then at this time, a new, and relatively complete payment system will naturally come in handy.

From this point of view, the United States' current public "robbery" of Russia's overseas deposits has actually contributed to this trend and strengthened the determination of more countries to promote "de-dollarization".

De-dollarization. In the past, because of the guarantee of the national credibility and economic strength of the United States, US bonds used to be "sweet and sweet", but now the United States is increasingly not acting according to the rules, and the United States itself is also facing serious economic problems.

Over the past year or so, several major "creditors" in the United States have been selling US bonds to varying degrees, which actually confirms this from the side - that is, the US dollar is becoming more and more unstable and US bonds are becoming more and more insecure. Rather than accepting the harvest of the dollar, it is better to spend some energy and time to promote the development of the local currency, which has gradually become the idea of more countries.

It is also in this context that the trend of RMB internationalization is becoming more and more obvious, and bulk commodities such as oil, natural gas, and coal can also be directly exchanged in RMB.

Internationalization of the renminbi.

More and more countries are using the renminbi, recognizing the renminbi, and even exchanging their own currencies for the renminbi, which shows that the renminbi is stable enough and that they trust a large country in the East enough.

And the United States, with its arrogance and hegemony, is personally pulling the dollar off the altar of international currency.

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