As EU plans to use seized Russian funds to buy arms for Ukraine, China moves billions out of Europe

The EU and G7 are considering a US-backed plan that will use the interest income on Russia's frozen bank reserves to buy weapons for the Ukraine.
There is about $300 billion in Russian assets that are frozen in EU member banks. This money is earning interest, at about $3.6 billion per year. Officials are crafting plans to direct, instead, this interest to provide weapons and other aid to the Ukraine.
An even more ambitious plan is being considered, which will use the interest to collateralize a large bond offering of between $40-$50 billion, to be repaid with the interest income on the seized funds.
An announcement that China liquidated over $50 billion of US Treasury bonds in just the first quarter of 2024 shocked capital markets. These funds were held in custody by banks in Belgium. The sales included large tranches of US government bonds and housing agency debt. Also surprising is that China almost certainly realized losses on the sales, as interest rates have risen since their purchase of them.
Were the sales of the Belgian-custodied bonds motivated by China's fear of having assets similarly frozen and weaponized? Under these new precedents in the Western banking system, who in the future will be making claims against sovereign depositors' assets?
Resources and links:
Bloomberg, US Backs $50 Billion Ukraine Bond Using Frozen Russia Assets
www.bloomberg.com/news/articl...
How Russian state assets could yield tens of billions in cash for Kyiv
www.euronews.com/business/202...
Economist, Frozen Russian assets will soon pay for Ukraine’s war
www.economist.com/finance-and...
Financial Times, US proposes debt to fund Ukraine using profits from frozen Russian assets
www.ft.com/content/6cb21054-c...
US proposes debt to fund Ukraine using profits from frozen Russian assets
www.ft.com/content/6cb21054-c...
China Sells Record Sum of US Debt Amid Signs of Diversification
www.bloomberg.com/news/articl...

[@taffyandbeanz]

How about US paying reparations to Libya, Iraq, Syria, Vietnam, Cambodia, Laos…

[@TheRealMcCoyAndChipsAhoy]

you already know they wont...and besides... they are broke

[@ksanghue5340]

@@TheRealMcCoyAndChipsAhoy if the US wants to pay, it may use its worthless bonds to pay so, any different than not paying?

[@zaklinakovace6792]

Serbia too

[@josue_kay]

Those were apparently "freedom and democracy" wars, so don't count.

[@l.j.r.8448]

The U.S. owes the ancestors of slaves in America before paying anyone else.

[@docsein1]

As the Chinese say: "Never interupt your adversary when they are making a mistake".

[@lylegc01]

The current leaders in the EU wrongfully assume that they will be able to walk away from this decision unharmed.

[@mikexhotmail]

Indeed. ps. If Russia can't get their money back, I guess those people may accidently start flying out of the high building sooner or later? Even the Japanese use this kind of treatment.

[@sinic1978]

​@@mikexhotmailnovichok will pay them a visit.

[@ChengliangPan]

What EU leaders? Only American agents, sponsored by American funds, promote to Europeans through mainstream media controlled by the United States

[@S300V]

Because the US will just step away from behind them! It ruins the € so the $ is saved (for the time being).

[@kwlee8420]

I think Putin checkmated them today. LOL

[@domenicamassaro8221]

If EU sizes Russian assets is theft. No matter what, it keeps being theft. Even freezing is illegal.

[@ronscherbinske4524]

So the Russians taking over territories in Ukraine is not theft ?

[@timothychung4811]

They have been doing that for centuries.

[@moustaphadiallo600]

Not illegal according to the rules based international order. Look up the rules... wherever they are. Let me know when you find them because I'm also looking.

[@JCSY1]

That is their own rule-based order. Anyone who does not want to encounter this potential problem in the future should diversify away and look for alternatives. China and Russia has already started and everyone else is following it.

[@blcheah2672]

@@moustaphadiallo600you can find it. Joe Biden's proctologist sees it every time he looks up Joe Biden's rear end. The rules are whatever is pulled out of the US president's butt.

[@tompell3032]

In the future, the next country to fall into this trap will have itself to blame for not moving its assets out of the western banks. Those rich arabs had better watch out! They may be next in line.

[@alanwu5788]

it's late to move now😊

[@tangbesitangbesi7009]

Yes, the Arabs must be jittery now but yet to hear them selling their billions of US treasury bonds.

[@sinic1978]

The US has an Air Force base in Qatar and a Naval base in Bahrain. Very useful when they "persuade" the Arabs to buy American debt.

[@jilidkuminding7356]

ARABS MONEY IN AMERICA AND EU. SAY GOOD BYE : FLY FLY FLY 😂😂😂 💸💸💸

[@sinic1978]

@@jilidkuminding7356 it's not their money in the first place. It's fossil fuels money. Soon it will become USA money.

[@MrBlurpBlurp-hg3dj]

The US and Western nations are about to set a precedent, bad faith if it happens. I'm moving my money out. Thanks for the upload.

[@chongdi6140]

US and G7 are clearly acting desperate by resorting to the law of the jungle, so be warned and mitigate your risks soonest.

[@brandonmoreland4392]

Where you moving it too?

[@antediluvianatheist5262]

​@@brandonmoreland4392China.

[@l.j.r.8448]

@@brandonmoreland4392they would have known already if they had money.

[@timmyg44]

A precedent such as annexing your next door neighbor?

[@normanlo6366]

China says, "Keep up the great work guys! We couldn't have done it better and faster!"

[@shinseiki2015]

outside forces dictate these europeans behaviors, an offer they can not refuse if you know what i mean

[@serenachen9385]

😂😂😂😂

[@first-gordonchang9510]

Venezuela can't get their gold back from their thieve the Brit.😮

[@dsimpson7862]

They have more oil than Saudi Arabia can't sell it and now they are one of the poorest countries in the world.who decide that why complain about refugees.

[@johnlay3040]

Their Indian chief is turning the thief into India. .

[@jjreddick377]

You mean Chavez? His family bought mansions all over Miami. Go find them

[@arunanarina1316]

​@@dsimpson7862 The Chinese can't buy oil from the Venezuelan ?

[@dsimpson7862]

I don't understand but the Caribbean can't buy oil from Venezuela because USA restrictions.

[@stevemitchell1454]

Russia is seizing assets in retaliation. Two can play that game.

[@Intudesia8792]

If we talk about repatriation, then African countries can now have the legal tools to seize European assets in Africa to pay for victims and the damage they have caused during the colonial time.

[@moustaphadiallo600]

Obviously, you know nothing about the rules based international order. If you did, you would know these rules apply differently based on the country and region. Now hand over the control to your currency, natural resources, land, and domestic policy you filthy dictator.

[@brandonmoreland4392]

You sound stupid. And what do african counties do when European armies come knocking?

[@wrongthinker843]

Colonial? How about the damage their corporations are still causing...

[@silveriorebelo2920]

there are no European assets in Africa... but there are lots of African assets in Europe...

[@biulaimh3097]

I agree. It is interesting how european investors punished Zimbabwe for taking their land back from white people who had stolen it. In the future, the BRICS+ will be stronger and they will be more understanding of these anti colonial initiatives.

[@moralambush]

US & EU politicians being shortsighted morons? Yeah, let's all pretend to be surprised.

[@nexususer1108]

Robbery in modern age.

[@gelinrefira]

This is just the way the west has been doing things for 500 years of colonization.

[@themiddlekingdom9121]

Venezuela's gold bars have been seized by the Bank of England which worth more than $2 billion and they are still there, the Venezuela government asked them back but the British refused.

[@albback8176]

This is like your current bank freezing your account because you opened a new account at a competing bank, and forcing you to create your own bank in order to keep your money safe.

[@wrongthinker843]

Or freezing your account because you said something they don't like. Wait that's already a thing...

[@jhylton4274]

if Ukraine destroys anything in Russia can Russia use the EU assets as collateral.

[@MsBay129]

Yes. Russia can and screw the EU

[@GeraldBeagan-ee6se]

Aren’t they already? Who cares….

[@mshtysf4646]

They arent yet. Russians still want business with EU. But to each his red lines.

[@kanlu5199]

@HoopsKevinski The West seized around 3000B from Russian, not just the Russian govt.

[@blcheah2672]

Russia could just march in and do a regime change. Lots of puppet fascist regimes in Europe await liberation from the Hegemon.

[@dsimpson7862]

100 billion dirty money goes through London in a year who benefits and can it be stopped.

[@jstrololo3536]

Not sure the EU are sane enough to realize their folly

[@valleyglenheights]

EU is just one more target of the Wolfowitz Doctrine. Like the punchline from the old joke "We paleface?"

[@ramonching7772]

Dimitri Medvedev once said the West have low quality leaders. You still hopeful? 😁😁😁

[@barecavebear3937]

It starts at the twit , Ursula von der Leyen, Miss Sock Puppet.

[@eymaslacker]

The EU politicians forced through the freezing of the Russian central bank's assets over the objections of their own central bankers. Freezing a central bank's foreign reserves is not like freezing a commercial bank branch. The cracks began with that so they do know what they are doing is going to f*ck themselves up since their central bankers already warned them but they went ahead, so let us see what results for their countries

[@teckmenglee8060]

GREED. As USA probably offered kickbacks for politicians who support this.

[@teebone2157]

The European Union is spineless.

[@davidchin35]

Actually only some of the leaders are spineless Especially those leaders who had naughty secrets found out by America. Angela M had her iPhone listened on by American intelligence for 10 years probably didn’t have naughty secrets, and didn’t get blackmailed by the yanks

[@blackknight4996]

​@@davidchin35 When you have no sovereignty, you have no spine..

[@willengel-vs8ht]

what other choice the colonies and vassals have?

[@ericshang7744]

European Union does not act on the best interest of Europe, they do for US.

[@michaeltse321]

They are cut from the same cloth as the US.

[@Nekoeye]

Let's hope the precedent is set, everyone learn a lesson and the money goes out of EU/US. There should not be any empire, monopoly, open hypocrisy, or selective sanctions in this day and age.

[@jameshack485]

These asset seizures will be resolved by force, not by lawyers. Best not to go down that route if I were Nato/Europe

[@potuspeck6991]

😂 Uhh scary russia😂

[@brandonmoreland4392]

I know your not talking about Russia. Pretty sure a single American state could beat them.

[@wrongthinker843]

@@brandonmoreland4392 As soon as they figure out which bathroom to use

[@Ssssssmmmmmmmmm]

First, NATO already took the profits on the frozen assets to the tune of $300 Billion to fund Ukraine. Second, Putin is already seizing assets of American companies in Russia too and using it to pay back the Russian companies affected by the seizure of their foreign assets. By the Billions of dollars. Look it up

[@teckmenglee8060]

The custodian is not making a decision with the clients' monies. First the custodian says that what the client does is wrong (nothing to do with the money). Then the custodian wants to use the money it is holding to fund/donate to other parties. It is violating its responsibilities as a custodian. Illegal, no matter what reason is given.

[@michaelolabisiraheem4703]

This is my first time im coming across this platform, and you just won me over with your simple analysis of a deliberate international thieves. But the outcome eventually will never be palatable to Europe or their master in the United States of America. Thank you very much!

[@PD55_]

How is taking anything that does not belong to you legal?

[@Ahoooooooo]

Not the first time, not the last time .

[@JKSelama]

Remember, these are colonial powers. That's what they do. If the seizure happened, Russia should declare it as an act of war, and China should support Russia.

[@Lana-xd7ey]

European been doing it since thousand years ago

[@oliviasukamto947]

By coming with mental gymnastic trick in the book aka forked tongue to make it legal .

[@aachoocrony5754]

They've frozen Iraqi oil profits held in a NY bank. They've confiscated Venezuelan gold deposits in London. Sure there's lots more.

[@teebone2157]

That's theft

[@jeffhedrich3551]

What's really convenient is that stolen money will have to be spent on made in USA weapons. So the USA got the Europeans to steal it and turn around and give it to them.

[@yousheng]

Actually robbery 😂

[@resnica3557]

It's highway robbery in broad daylight. Professional thieves and burglars will feel insulted by your statement.

[@davdav1370]

New precedent - no private property anymore. This one will fire back horribly

[@JimmyDoyel-by2cp]

I guess that's the you will own nothing meme....but I don't think that what they think will happen

[@gelinrefira]

You people still do not understand the difference between private property and personal property.

[@Longcloud]

@@gelinrefiraenlighten me😳

[@gelinrefira]

@@Longcloud A personal property is something you own that you use or consume. Like your toothbrush you use to brush your teeth, or your car that you use to move around or even your house that you live in. A private property is something you own that can generate capital. Like a factory that you bought or tell others to build for you because you have capital in the first place. Then you proceed to take the surplus value generated by the factory simply because you have your name on it. When the west seize Russian assets, they are taking the capital of Russia and giving it to their own private capital in the forms of weapons payment. Private property for private capitalists in the west are very much protected and will even have more private capital/properties. You and I and this OP have personal properties. We are not even in the club of owning private properties to be affected by this. But the fact that everything is becoming a subscription or leasing model means you don't even get to own personal properties anymore because all your personal properties are becoming the private properties of the private capital to extract rent out of. This is the problem with 99% of westerners. They are so miseducated about the economy and deliberately so, that they are not even equipped at a basic level to understand what's going on. It's like trying to do orbital mechanics by believing in an Earth centered system. It is also how you get people thinking that socialism is when the gubmint owns your car and completely miss that companies are trying to turn your car into their own private property by forcing you to get a subscription for its "extra" features.

[@gelinrefira]

A personal property is something you own that you use or consume. Like your toothbrush you use to brush your teeth, or your car that you use to move around or even your house that you live in. A private property is something you own that can generate capital. Like a factory that you bought or tell others to build for you because you have capital in the first place. Then you proceed to take the surplus value generated by the factory simply because you have your name on it. When the west seize Russian assets, they are taking the capital of Russia and giving it to their own private capital in the forms of weapons payment. Private property for private capitalists in the west are very much protected and will even have more private capital/properties. You and I and this OP have personal properties. We are not even in the club of owning private properties to be affected by this. But the fact that everything is becoming a subscription or leasing model means you don't even get to own personal properties anymore because all your personal properties are becoming the private properties of the private capital to extract rent out of. This is the problem with 99% of westerners. They are so miseducated about the economy and deliberately so, that they are not even equipped at a basic level to understand what's going on. It's like trying to do orbital mechanics by believing in an Earth centered system. It is also how you get people thinking that socialism is when the gubmint owns your car and completely miss that companies are trying to turn your car into their own private property by forcing you to get a subscription for its "extra" features.

[@sahhaf1234]

West had also stolen Iran's assets after the iranian revolution.

[@maxmustermann9587]

Libyas gold is still _"missing"_

[@rickoffee]

Venezuela??

[@user-pv8sn3uh8u]

China and Russia already have this new system. America is toast

[@JCSY1]

Yes. More news will come very soon. Full speed de-dolarization is coming very soon.

[@esphilee]

Those are not Russian government’s money. Those are Russian people’s money.

[@wenling3487]

Shameless

[@johnandcarolynmills3061]

The rest of the WORLDS Countrys Will Never Trust the US,G7 or The EU ,,,AGAIN !

[@lalatubby4836]

good morning kev , someday you bring me good news , someday you bring bad news BUT everyday you tell me the TRUTH - thanks 👍👍🙏🏻🙏🏻

[@richardkroll2269]

I daily scan the YT for Kevin's messages. Always enlightening.

[@foodparadise5792]

Even being Chinese not your intended audience, I can listen to you talk all day.

[@5ayes12]

Old tired Europe has suicidal tendencies

[@rombios3056]

Vietnam, Iraq, Syria, Libya have entered the chat ...

[@moustaphadiallo600]

Actually, every last country in the world has entered the chat except for some central Asian countries.

[@armagedon515]

That will certainly trigger a flood of sovereign capitals flights OUT of Europe, impoverishing it even more.

[@j.c.4192]

It's all going to Singapore

[@somsackvongsa7077]

​@@j.c.4192frozen

[@ksanghue5340]

@@j.c.4192 Singapore cannot be trusted because it is one of the US's laptogs also or almost a vassal.

[@MASMIWA]

The news has spread. Countries are pulling their gold out of the US and London. 29 countries, so far, are trading in their own currencies, and BRICS is in the process of forming its own currency. All are signs that the US and EU has lost the trust of the world and from here on out, the US and EU will be odd man out as their currencies become an unwelcome media of exchange. BTW, Russia is freezing EU bank assets that are in Russia. While small, it is an action that gives the EU a warning that what is good for the goose is good for the gander.

[@tonysu8860]

Trade settled in Yuan is only about 2% of total international trade. Trade settled in any other currency is probably less than that. You can name any number of other nations but if they're not on geed terms with the IMF and unsanctioned, they're still so tiny that the global financial system probably hardly notices if they choose to use their own currency.

[@j.c.4192]

​@@tonysu8860data from where and when?

[@user-in2km7pb9u]

​@@j.c.4192that data cant be reliably obtained anyway, because there are assets whose movement cannot be tracked

[@MASMIWA]

@@tonysu8860 "As of April 2024, the Chinese yuan has been the world's fourth-most traded currency, overtaking the yen for the first time since 2022. In 2023, the yuan accounted for 42% of foreign currency traded on the Moscow Exchange (MOEX), tripling in volume to 34.15 trillion roubles ($391.5 billion). This is in contrast to the dollar's 39.5% share, which is down from 49.90 trillion roubles in 2022." (Reuters)

[@youtubeuser6067]

This is ALL orchestrated. Elite capture.

[@zactianne6331]

Seizing the assets owned by one country while those assets are in your custody amounts to global anarchy. I have to admit that WE are the last people I would suspect of committing such anarchy. I would have suspected some banana republic instead, Or North Korea, the Taliban, etc. Have we really fallen that far?

[@Gemini73883]

Y'all are a banana state now and has been for a while!

[@BSnicks]

The West is infested with banana republics!

[@UnitedAfrica-uw9ct]

unfortunately you have been that for a long time , you just did not convince yourself you were lol

[@David-ej1ps]

“the west” has been finished for the better part of 20 years…

[@cjfinance3829]

Since 2008, yes we are... 🤷

[@magnaviator]

FYI, a bank is in a fiduciary relationship with it's client. That means all the money, interest included, belong to the client and must be held in trust for the client. This is theft, pure and simple.

[@tangbesitangbesi7009]

Totally agree

[@j.c.4192]

This bank already knows it will lose this client. So they're acting in their own interest.

[@HeiYohh]

Notwithstanding crime... Except maybe Switzerland.

[@sarahk441]

Agree. I am not rich, but if I am, the second I heard about seizing international assets, I will withdrawn all my wealth from the bank, buy gold bars and hide them in a bunker in my own home.

[@juhajuntunen7866]

This equal bank go bankrupt and youe savings are gone.

[@Jeff-sm8of]

Laws will be applied selectively. Same as icc and icj rulings dont apply to so called chosen people.

[@ICEMAN_GT]

That's a declaration of war.

[@ateksudianto6237]

they don't afraid, because they are mob and other countries are alone

[@Jim-nt7xy]

Get ready for runs on banks

[@fredz61]

F#$k yes

[@brushcrawler8612]

You people have been saying that for 2 years 🤡

[@Jim-nt7xy]

@@brushcrawler8612 Better get on the queue.

[@user-ui6qz6ci5g]

Be the end of international banking, end of trade. I am glad the US has become the world bank, 34 trillion in debt, what could go wrong?

[@TennessisET]

it has to be good to take loans you are never going to pay back like some business dude, America demonizes or threatens every one of his creditor countries. the most honorless nation in the world I guess.

[@LuckyJojo-yb9vt]

G7 breaking all the rules for their own interests. Their financial system will turn into solely speculative ground while foreign long term investors will avoid.

[@aceman00ify]

The g7 rules-based order is just the g7 changing all the rules to suit themselves.

[@parttimethinker7611]

Wow, Kevin, you’ve just top yourself with this video. It’s totally a mind numbing issue. Love your video.

[@7ebr830]

Too much real info on this channel. UselessTube won't tolerate it for long. I hope you guys are spreading out onto other platforms. It'd be sad to see you disappear overnight.

[@qake2021]

✌️✌️✌️✌️✌️

[@Ssssssmmmmmmmmm]

There’s lots of such channels speaking on these matters on KZbin. It’s not information that’s secret or can be hidden anymore. It’s clear the downfall of the USA and Europe has began with this.

[@prwchan]

Law comes out of the barrel of a gun. The US / West has had a bigger gun for 500 years. We should hope that other people are nicer than we were.

[@aachoocrony5754]

They are nicer, but the problem is how much retribution they will be demanding in the future.

[@jstasiak2262]

A bedrock principle of banking is that a bank absolutely MUST be a trustworthy custodian of its customer’s’ money. In other words. It must be a trustworthy fiduciary. If a bank or a government issuing sovereign bonds demonstrates untrustworthy behavior (e.g. confiscating the money of customers that it doesn’t like, embezzlement, incompetence, etc.), then customers will pull their money out and park it elsewhere where it is safe. By abusing the banking system an economic weapon for political coercion against Russia and other countries, the US and EU are demonstrating that they are untrustworthy. No one with a functioning brain would continue parking their money with such untrustworthy fiduciaries. The result will be that capital will decamp from West to East. Make no mistake: confiscating $300B from Russia for political reasons would constitute a casus belli and would be tinder for a Third World War.

[@tangbesitangbesi7009]

I couldn't agree more

[@tangbesitangbesi7009]

​@@jstasiak2262I totally agree, who in their right mind would want to park their money where the bank and it's government can confiscate what's legally yours

[@consciousplanet8887]

​@@jstasiak2262 russian just hv to increase the price of uranium to earn back the 300b which makes it looks like peanuts

[@nsng1298]

Mike Pompeo said, "We lied, we cheated, we stole." Is that how the U.S. conducts its foreign policy?

[@Jazz-if5ko]

The Rule of Law and historical precedent has always recognized & respected sovereign funds, and not seized them. They have froze sovereign funds before and released them later, but not seize them. So, this could potentially create an entire new set of justifications and precedent for other countries to fully violate the sovereignty of other countries, not just based on their money… But based on their sovereignty… The sovereignty of embassies, other nations companies, their populations, and their planes traveling in another countries airspace… If sovereignty is not respected, the issues are a lot bigger than just money…😮

[@boonsomkajonklinmala1236]

Very important ....every countries must get your money out of EU and US, it's not safe anymore.

[@lowcc7602]

Illegal acts.

[@user-qp4di2dr6h]

Seizing interest on frozen assets is also confiscation of assets

[@user-xp4of2vu4r]

It appears to me that future International Trade its self is at risk. Why do business on any type of delayed payment terms if all could be confiscated at will and whim.

[@roddiechan]

If Europe cares so much about their security, they should care about other's security as well (ie. Russia) to have a peaceful world. Russia has been asking for that security for decades

[@matsforsberg6287]

It is plain theft.

[@akakakakakak3084]

If I am China, I would exchange all the US treasures to gold, because gold is still gold after million years though no interest.😅

[@PBRStreetgang911]

The USA is still acting as though it has not lost it's global hegemony. It was slowly eroding away, but the enabling of the Israeli genocide in Gaza had hastened the pace and now it appears to be gone. The sanctions on Russia have not stopped them raising their GDP, their trade war with China is not have any real effect at stopping china's rise and is actually hampering the USA ability to compete. They have had no success trying to force the Poorest nation on earth, Yemen, to stop supporting the Palestinian attempts to gain freedom from the Israeli Occupation, and most telling of all is the fact that they can no longer protect Israel from the consequences of their crimes. The Western Chauvinists are not having a good time of late, and that's a good thing.

[@oracleman2390]

China took a loss now selling treasuries, rather than letting it mature while losing out to inflation in future. If the money is used to buy gold now, it even out. There is no right or wrong, only time will tell

[@ZweiZwolf]

Probably not. China is allowing Treasuries to mature and completely stopped buying more. If China was willing to sell Treasuries at a loss, their holdings would be much, much lower, perhaps only $100 Billion rather than the current $700 Billion. They'd also force Hong Kong, Macau, and private investors to get out.

[@user-in2km7pb9u]

The loss is probably minimal to what they lost for buying bonds instead of digital assets

[@DailyBeatings]

The reason they didn't move them to Hong Kong is that with a stroke of a pen that special status of Hong Kong can be revoked.

[@lalatubby4836]

hasnt it already?

[@yunko9369]

@@lalatubby4836 How? The rioters in HK claim China broke the one country two system princinple. If China did not honor that rpomise, why there is a need of an extradition treaty? Tell me which country in the wolrd where the federal/central government need an extradition treaty to apprehend criminals within its terroritory?

[@lalatubby4836]

@@yunko9369 you called them rioters now hahha .. we couldnt call them rioters back then in fear of our lives ! i was there ,were you?

[@yunko9369]

@@lalatubby4836 No. I wasn't there. But I watched many videos on YT. In one of the videos, a brave old woman was clearing the obstacles in the middle of the road and these "peaceful" people were insulting her and shining laser at her face!

[@yunko9369]

@@lalatubby4836 So, what do you mean by saying: hasn't it already?

[@tangbesitangbesi7009]

No wonder Ursula was willing to go to France to meet President Xi UNINVITED

[@blackknight4996]

Like the full CAPS of UNINVITED 😅😅 So true, like meeting a cockroach for Chinese president..

[@BSnicks]

Ursula the little "bear" doesn't know that this move will kill the EU. So, the sooner she steals the interests, the faster the EU collapses!

[@firstlast-pt5pp]

Beijing can use those USD to bailout countries under stress by USD debts

[@QuattroSG]

This will be the straw that breaks it, the other side hasn’t begun to return the favor yet despite those funds being illegally grabbed years ago

[@tangbesitangbesi7009]

I heard Russia has in the last few days returned a little favour by confiscating a few hundred millions of foreign banks' assets, I realise now it must be after the EU set the precedent of stealing Russia's investments in Europe.

[@soheiladam7510]

actually they did, Russia is already seizing foreign assets related to western companies and banks etc. they'll do more if this theft happens by western criminal regimes.

[@xushenxin]

it is crazy...

[@mohdnouzorcheomar2124]

This will be a new precedence of which telling all other nations that storing assets in Europe & US is not save & must be avoided.

[@edwinjahnsen4390]

Be good too....tks

[@albertbeaney2580]

I despise the EU

[@wheniamfree]

G7 should be phased out.. Same as NATO. It will take some ugly turns, but it will happen.

[@brandonmoreland4392]

Replaced by who?

[@nyc-exile]

They are digging their own grave.

[@PBRStreetgang911]

I am fascinated by how badly designed the intersection in the background is, and the drivers ways of coping with that...

[@ALSalvadorian00glen2]

EU is sickly

[@g.m.8360]

How do we know that they haven’t already spent it. Where are they going to buy weapons the same companies who won’t be able to produce it for many years?

[@rts2972]

Brazilian Petroleum engineer here. Congratulations on your channel. The videos are concise, well articulated and the analysis are always sound and on point.

[@tassietiger5500]

Thank you Kevin. It is really refreshing to see someone list their sources and I actually checked all six of them although the 4th and the 5th are duplicated. I read about China’s liquidation of the $50 billion of US Treasury bonds but did not know they were held in Belgium and to answer your question: no, China is not too worried because I read somewhere there is twice as much US assets in China than Chinese assets in US. My understanding that the liquidation is to help the global south countries many of whom are running out of $US and cannot trade effectively. The extra reserves in gold will certainly help in this area? May be you can do a video on this topic?

[@barryshaw5660]

Very informative appreciated

[@Gman979]

China has already launched the CBDC in Hong Kong and soon this will be the new norm for international trade amongst global South countries.

[@sifon6332]

Well-done!!!❤

[@hari4406]

Some lines should never be crossed and never should have been crossed.

[@ChillinVillin-in7sj]

Thanks Kevin,watch your program daily.🀄️

[@jerryantonies5334]

Yes that’s right. Crazy times stealing money

[@Soccox]

Great work and education. Thank you

[@wanderingquestions7501]

Great report Kevin. Thanks

[@user-xi2jo4gi4x]

Any use of the money will set precedence for every powerful country to do the same. There is evil in this. Evil thinking is present.

[@dsc0273]

Thanks Kevin

[@carlosfeliz9807]

So glad I found this channel. Excellent info. Straight to the point. Thank you sir

[@Avidire]

Textbook commie move from the EU 😂

[@Ssssssmmmmmmmmm]

Selling bonds on stolen money?? Good luck with that!!! This is the downfall of the hegemony of the USD & Euro.

[@matsforsberg6287]

Thank you

[@wtf_usa5597]

This will turn out to be the best $300B Ru ever spent. NO ONE will want to ever hold $U.SD again. Just seizing the interest alone is theft. 😡

[@diegomardones6651]

It is so absurd, that it is sad, terribly sad.

[@ronscherbinske4524]

Love your channel I'm sharing it

[@AnnieT369]

Lawless.

[@YekiniAbdulRaimi-ml2hc]

When the repercussions begin, they won't be able to contain them

[@zoltannagy394]

Very good thoughts as always!

[@galupas]

Nailed it man.

[@htleong4790]

Thanks for the video

[@fayyaznoor1962]

great fresh revelations

[@AIPretendingToBeHuman]

I see where you're going with this. But the precedent has been established long ago --- assets can be frozen; everything else is just details. "Legally" means whatever a country with the strength to enforce it wants it to mean."The great questions of the day will not be settled by means of speeches and majority decisions … but by iron and blood."

[@marlbankian]

Excellent

[@Bplus0224]

This is a good news for BRICS PLUS NATIONS cos it encourages more countries avoid this situation and so they can join BRICS plus nations.😊

[@Dawson2011H]

There are two types of assets that potentially be affected: 1. Central bank accounts in EU and 2. Investments in EU. The new banking system will insulate the freezing of the account for facilitating trades, but not to the investments in EU land. I would assume the precedent event will discourage any new investment.

[@HughJass-jv2lt]

😂😂 *United SNAKES* is UNDEFEATED

[@alfred-vz8ti]

perhaps someday soon, russia will be able to demand this money, with interest. situation fluid, but inclined toward russia.

[@PeterXiao1]

Russia will confiscate European assets in Russia for now. In future both parties will compare books to balance out before a new relation can be established, I assume

[@aachoocrony5754]

Not soon but eventually, they will come for it. If Bismarck is anything to go by, they will come back for all of it. That includes the theft from the 90's.

[@GeraldBeagan-ee6se]

As soon as they pay the trillions in war reparations to Ukraine they can have it.

[@JXjohn]

My goodness, it's a really slippery slope. WTF they are thinking? 6 bil is not significant to what has been wasted and are going to. I really wish they are not that stupid.

[@andreaskaphengst8121]

Since when did the Americans or the Europeans care about international laws? All BRICS nations should get their money out of US and EU banks.