Dividing up Russia s 300 billion in overseas assets, this is the spirit of contract of the West?

Mondo Finance Updated on 2024-03-06

Recently, Russian Finance Minister Siluanov warned that any action against frozen Russian overseas funds would be met with a reciprocal response. This is because Western countries are plotting to "carve up" Russia's overseas assets. In fact, in the face of the Ukraine crisis, Western countries have frozen about $300 billion in Russian assets, most of which are European. This move has aroused widespread concern and discussion in the society.

In fact, the freezing of Russian assets by Western countries is not a one-time event. After the outbreak of the conflict in Ukraine, the United States, the European Union and other countries have repeatedly threatened to use these assets for war compensation in Ukraine. At the end of last year, when funds to aid Ukraine were scarce, the United States began to negotiate with the European Union to plan to use frozen Russian assets to aid Ukraine. Presumably, the $300 billion frozen is mainly financial assets, but the other assets of Western companies in Russia are not small.

In the name of ethics and the spirit of contract, Western countries have taken actions to "divide up" Russian assets, which has caused widespread controversy. The spirit of contract is one of the indispensable core values of modern society, and its destruction will have a huge impact on the whole world**. The issues behind this incident are even more complex, and if not handled properly, they are likely to have serious consequences. After all, Russia is not a small country, the world's largest nuclear power, and its retaliatory measures will have a significant impact on the world.

Against this backdrop, tensions were further heightened by Biden's public insults to Russia. "We have 'crazy sobs' like Putin and others, so much so that we always have to worry about nuclear conflict," he said. Such statements expose the very real threat of a global nuclear war.

In fact, the United States and the European Union intend to rebuild Ukraine with frozen Russian assets, so that the American investment giant BlackRock took full control of Ukraine's state-owned assets last year and helped Ukraine with post-war reconstruction for free. However, with the size of the U.S. national debt growing, getting the American people to pay for Ukraine's post-war reconstruction is a difficult task. In addition, European countries are also facing economic difficulties, and their populations are tired of the war and cannot afford to rebuild Ukraine after the war.

In an economic report published by Germany, it was proved that Germany, as the "bellwether" of the EU economy, is also a huge loser in the Russian-Ukrainian conflict. Now, in the midst of the distress of Europeans, they prefer the conflict in Ukraine to end as soon as possible rather than continue to intervene militarily. As a result, the United States and the European Union are willing to finance Ukraine's post-war reconstruction, and frozen Russian assets have become the best option.

The conflict between Russia and Ukraine is coming to an end, and the United States, on the one hand, has acquired Ukrainian state assets for free, and on the other hand, is trying to rebuild Ukraine with frozen Russian assets. However, behind this seemingly ingenious calculation lies more problems and difficulties. The whole incident has raised many questions, how should the world respond to the complex situation of the conflict in Ukraine, and how should it balance the interests of all parties with the needs of peaceful development?

In summary, the Russia-Ukraine conflict has had a profound impact on the global society and economy. As the world's largest nuclear power, what attitude is Russia likely to take in response to the actions of Western countries? And should Western countries morally examine their own behavior and engage in dialogue and cooperation with Russia in the spirit of the contract? These questions require us to think deeply and **. In any case, we hope that the conflict in Ukraine can be resolved at an early date and peace and development can be achieved.

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