Recently, a number of Western ** began to report that Western aid to Ukraine is close to drying up, and not long ago, the US Congress and the EU summit vetoed a total of $110 billion worth of aid funds to Ukraine. In this case, they are eyeing $300 billion in overseas assets of the Russian central bank, which were previously frozen, and the United States is discussing this with its allies. Since Russia launched its special military operation last year, the United States and Europe have imposed all-round financial sanctions on Russia, and they have directly confiscated the assets, real estate, and yachts of Russian companies and tycoons. In addition, the Central Bank of Russia has frozen more than $300 billion in overseas assets, and the United States and Europe are hesitant to confiscate the 300 billion yuan of overseas assets, wanting to confiscate them but fearing unpredictable consequences.
The United States is trying to push for urgent negotiations on the freezing of Russian assets by its allies to aid Ukraine, but the Financial Times revealed that EU countries such as Germany and France are reluctant to do so, because this terrible precedent will undermine the global financial architecture. Some countries in the EU do not agree, mainly because Russia's frozen assets are more than 200 billion in Europe, tens of billions in Asia, and only a few billion in the United States. And when the EU pays these costs, there is a high probability that the confiscated money will still flow into the pockets of the US ** fire dealers. In addition, these Western countries engaged in finance rely on financial credit to eat, and if they can freeze and confiscate the sovereign assets of other countries at will, they will be smashing their own signboards.
Escalate to open robbery, and the little fig leaf left in the West will be gone. The previous confiscation of Russian personal and physical assets and the removal of Russia from the international settlement system have overdrawn the credit of the Western-dominated financial order. It is not that the United States has not done this kind of thing, and it has frozen and confiscated more than 7 billion sovereign funds in Afghanistan before, claiming to have given it to the victims of the "911" incident, as if when others do not know how many years of litigation with the families of the victims of the "911" incident, thousands of sick and sacrificed firefighters, and the United States** are unwilling to compensate, and expect them to take the 7 billion to compensate the families of these victimsThis time, the United States is also under the banner of "beautiful", in the name of aiding Ukraine, intends to remove more than 300 billion funds from Russia, the United States is not afraid of any moral condemnation, if it really has the face, it will not deduct Afghanistan from more than 7 billion life-saving money. The most feared consequence for the United States is that these 300 billion assets belong to the Central Bank of Russia, which represents Russian sovereign funds, and if it is confiscated by other countries, it will be confiscated, but this time the target is Russia.
Regarding the shameless behavior of the United States, Russian Deputy Foreign Minister Ryabkov warned that if the United States confiscates Russia's frozen assets, relations between the two countries could be severed at any time. Moscow is ready for any eventuality, and the United States should have no illusions. Although relations between the United States and Russia have been bad, at least the channels of communication between the two powers still exist, and it is predictable how much risk it would bring if the two nuclear military powers broke off diplomatic relations. Second, another reason for the hesitation of the United States and the West is the fear that China will unexpectedly become a winner. The collapse of the financial hegemony of the United States and Europe is just the end of this bar. The arbitrary confiscation of individuals, entities and sovereign assets by the United States and Europe will allow more assets to flow into China's safe haven. At the same time, the internationalization of the renminbi may give another strong boost. But we should also be vigilant that the United States and Europe can do this to Russia, and there is a high probability that they will also sanction China in the future, this is a rehearsal, and we must be fully prepared.