RUSSIA - $300BN Frozen Russian Assets to Be Seized for Reparation BONDS as G7 Meets on Decision

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Following Russia's invasion of Ukraine $375 Billion of Russian Cash reserves were FROZEN by Banks & Institutions in the West. For the past 2 years those Assets have remained frozen however it was recently agreed that the INTEREST that the cash is generating can be used to support Ukraine. The G7 are now considering a proposal to issue a REPARATION BOND that will use the RUSSIA's FROZEN ASSETS as security to Fund the defence of Ukraine. This concept is contrary to existing law and in this video I discuss the latest proposals, provide details of which countries are holding the assets and discuss the most likely outcome for these assets.
For specific details please check out the CHAPTER list below.
Thanks for watching and please LIKE and SUBSCRIBE.
Chapters:
0:00 Intro
2:57 RUSSIAN ASSETS
5:53 WAR DAMAGE
9:16 UKRAINE DAMAGES
10:39 USA & UK PROPOSALS
12:38 RUSSIAN ASSETS BOND
14:56 REPARATION BOND
17:52 SUMMARY & CONCLUSION
#russiaukrainewar
#ukraine
#russia
#globalfinancialcrisis
#ruble
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

[@NLTops]

Russia has seized several Western businesses and property (such as leased airplanes) in Russia. They would have no right to complain either way.

[@ProfessorFickle]

I was going to write the same thing . Western business & factory’s in Russia 🇷🇺 we’re confiscated totaling over 100 billion .

[@ronthered138]

GOOD POINT! Everyone except the leasing companies has forgotten than RuZZia stole something like $20 billion or more worth of aircraft.

[@michaelwilson9921]

They wouldn't complain. They would respond in kind. There are billions in assets they can seize.

[@synbitzseven2614]

@@michaelwilson9921 they already seized nearly everything western there is to seize in russia.

[@ronthered138]

@@michaelwilson9921 $300 billion? I think not...

[@user-jgn1944]

So. First things first. Empty Putin's Bank accounts.

[@robertroot3790]

Yes but "they" would have to take Putin's money currently in the accounts of Donald Ross' Cypress bank (Donald Ross aka now-former US Sec. of Commerce under Donald Dumph). They'll never come clean about that.

[@apsmith1635]

You need a big sack :-) he is a corrupt thief. Just read the books of Bill Browder to understand the mangitude (Or watch the Yachts in the harbour of Monaco)

[@jim2376]

👍👍

[@brittbarlow6111]

@@jim2376👍👍👍👍

[@michaelwilson9921]

The US already seized that money. Thus Russia is responding in kind. Tit for tat!

[@carlfromtheoc1788]

Let us not forget all the companies that had their assets seized by Russia - such as aircraft, physical plants and such.

[@indycinema]

will someone please remember the companies who already wrote all those loses off in 2022.

[@marthamasdeo9833]

Actually, that's a fabulous idea. Forgot about it!!!

[@YeetYeet-mi7if]

​@@indycinema hopefull Russia can also write those off as losses then

[@JoeZorzin]

@@indycinema writing off the losses doesn't mean you didn't have losses

[@anderslarsen4412]

​@@indycinema "writing off as a loss" does not mean you get the money back. You just don't pay as much in taxes the following year. There will still be a substantial loss for the company in the end.

[@sethstriker]

Good! It's about time. Now give ALL that money to Ukraine!

[@lorraineking3053]

Indeed. There just is not enough money already being being siphoned off into people's back pockets.........................what a racket.

[@shafsteryellow]

😂😂😂 You're trolling right?

[@corneliusantonius3108]

@@shafsteryellow No we are not

[@thelexkex]

@@lorraineking3053 for example, if you are capable to provide it

[@TheInfamousMrFox]

​@@lorraineking3053Typical orc bot reply.

[@nickhtk6285]

Great argument for those who say "why should we pay for Ukraine?". Agreed, lets make Russia pay for it.

[@Rick-or2kq]

Are going to pay for Iraq, Syria, Libya, and Afghanistan?

[@markmcculloch2570]

Get lost

[@michaelwilson9921]

Not how it works. The US pushes other into going to war. Then it borrows money to give to the US defense industry. US citizens pay for it in the form of inflation. Politicians get campaign contributions from the defense industry. And then after they leave office, they are given seats on the boards of those companies.

[@jerrycann9072]

@@Rick-or2kq Bot

[@ruskiessuck3337]

@@Rick-or2kq Loser ORC FO

[@LegionIscariot]

I think its pointless to wait for the war to end. They should transfer those assets to help Ukraine fight.

[@E3ECO]

Yes. It's pretty obvious who the aggressor party is, so we don't need to wait for the war to end.

[@xantiom]

The problem is that if they do it now, they lose the leverage for potential negotiations. Cornering them without an exit, would be unwise. You should be really careful of those who have _nothing to lose_

[@efghggdxlmfn33]

Russia froze Western assets for the same amount in response to the actions of Western countries.

[@tomaskinoshta7589]

wrong, only good idea is Ukraine surrender now. I suppose you have no concern thar there are 600,000+ dead Ukraine troops.

[@ryanhall2795]

​@@efghggdxlmfn33Lol there is no 300 Billion USD being held hostage by Russia.

[@apsmith1635]

That is fair. Russia must pay for the damage.

[@praphullakumar5484]

In the same way, Russia can seize Western wealth worth $288 billion as a retaliation. If it happens, no country would love to use dollar for international trade and keep its reserve currency in Western banks. It will lead to the fragmentation of global financial system and the demise of US dollar as a global reserve currency.

[@Kaizen917]

This + secondary sanctions on the more major Russian trading partners is kinda overdue. Sometimes when I see how quick the Americans and the EU are moving, I start to wonder whose side are these guys on.

[@cyberfunk3793]

@@praphullakumar5484 The western assets in RU are already lost, none of this will have any effect on dollar status. If war criminals don't wish to bank in the west in the future, good.

[@apsmith1635]

@@praphullakumar5484 Russia already stole a lot of western assets. And the Dollar will continue to be the only option.

[@greg5023]

@@praphullakumar5484 MAGA members of congress say that. Janet Yellen says otherwise.

[@jamesread4469]

If i broke the law i forgo my rights. Russia forgo their rights when they invaded Ukraine

[@michaelwilson9921]

Did the US forgo their rights when they invaded Afghanistan, Iraq and Syria? Sorry, the world doesn't work the way you think. If you break the law, as a citizen you get punished. If a government or a politician breaks the law there are no consequeces.

[@toby9999]

Not really. Yes, morally and ethically, I would agree, but this is about international law, banking laws, and the financial regulations within a bunch of different countries. You can't just say ruzzia bad, therefore take money, as was explained extremely well by Joe. People have been talking about taking the money since the war started, but they're not engaging much brainpower. It's not that simple.

[@cyberfunk3793]

@@toby9999 They were found guilty for the aggression in international court. That is enough, parliements can write the local laws needed if there is will to do the right thing.

[@hellogoodbyeforever]

CIA started all this. Don’t be silly. Russia has been warning to stop for years…

[@sulblazer]

If we want to live in a global society governed by laws…then no, that’s how that should work. Even criminals deserve due process. Don’t get me wrong, if it were up to me, I’d just hand that money over to Ukraine…but thankfully, these things are not up to me.

[@aaronmicalowe]

No complicated mechanisms or strategies are needed. International law already states that assets can be seized to compensate for the damages caused by breaking international law.

[@oldowleye3161]

Of course, but were are dealing with ultra weak and ignorant western leaders!… scholz uses diapers in a daily bases!… biden is not much better!… and we could go on and on like that!… with western leaders no nation needs enemies

[@BeaverZer0]

Ya he isn't getting it back any time soon. Europe knows they are just funding their own future invasion.

[@lindenhoch8396]

Assets belonging to Russia, perhaps. But many of the assets belong to other entities and citizens that have been sanctioned because they are russian alone. Let's not talk about whether they ought to do it anyways or not, I'm just saying it's not so simple.

[@nsevv]

​@@lindenhoch8396it is simple.

[@BeaverZer0]

They won't be getting that money back any time soon. Europe knows it's funding its own future invasion if so.

[@rockstjernen]

Bill Browder makes the same argument. The political tools needed to seize the interest are the same that are needed to seize the full amount.

[@Ukie88]

Don’t forget that Stalin has never repaid his loans to the USA following WW2.

[@DontForgetOldKolobok]

The Chief toilet thief won't be happy about this.....

[@unoriginalname4321]

Bathroom Bandit in Chief

[@cordellwordlaw3390]

Thanks for the update Joe. ❤

[@hughbarr8408]

No update, what are you talking about?

[@midimusicforever]

Give it all to Ukraine!

[@Don-ii4vm]

R must be held accountable for the damage and atrocities they have committed. Countries should not be allowed to attack other countries and not be made to pay for what they have done. Cede Russian land to Ukraine as payment.

[@WorldCitizen0000]

Ukraine doesn't need Russian territory but a no man's land is needed in between the two countries. Ukraine needs even less any of their problematic inhabitants.

[@Astronist]

Restore Ukraine's 1919 borders? Make Ukraine great again!

[@kurtwinslow2670]

Grabbing money already in your possession is a lot easier than taking land from an opponent. Ceding land though it sounds good will only be viable if you can get Russia to agree. Otherwise, the only way to take their land is to take it using force and force would equate to war.

[@gnrseanra9070]

How is Ludmilla Denisova?

[@gnrseanra9070]

​@@AstronistA Trump supporter great!

[@valeriebland2642]

Thanks!

[@chrismeese3666]

Best decision on freezing Russian assets. Putin did not want to be in the dollar club but wanted the profits. This should have been done as a penalty back in 2014 when he illegally annexed land belonging to another sovereign state. This should be a standing law to all nations. All UN member need to choose whether they want the benefits of the dollar economy, yen economy or rouble economy. All nation then need to expect huge penalties if they invade of interfere with economies, politics or boarders of other sovereign states whether large or small. We need in future to enforce sanctions immediately another nation violates other nations. Have not yet listened to the blog yet but interested to hear your opinion and information about the I freeze of Russian assets.

[@hughbarr8408]

Duhhhhh????

[@ItsaRomethingeveryday]

Like Always, Thanks Joe 👍👍👍

[@51madmitch]

What is wrong with the EU Pootin has flouted and broken just about every international law, invading sovereign Ukraine is one, they have also seized many companies assets in Russia with NO compensation whatsoever for the companies in the west.

[@feszty]

About fcking time. Plus they’ll have to pay reparations for the homes, factories, and infrastructure and compensation for every single civilian life lost.

[@praphullakumar5484]

The USA must also held liable to pay for damages it caused to other nations such as Japan, Syria, Afghanistan, Libiya, Vietnam, etc.

[@feszty]

@@praphullakumar5484 Let me correct you there. Japan attacked the US in 1941, not the other way around. In Vietnam, the US was helping the Source Vietnam government against the North, which was supported by the USSR and China. The US didn't start this war and the USSR and China are just as responsible for the destructions. In Syria, the US led coalition was fighting ISIS, not the Syrian government.

[@praphullakumar5484]

@@feszty Do You Think we are fools? Don't we know the history of US's war against other nations? Legally, there is no provision to seize Russia's $300 billion . It's not your money. It belongs to Russian central Bank. In retaliation, Russia can also seize $288 billion of Western funds invested in its territory. Tit for tat move. It will destroyer global trust in Western Financial syatem and countries around the globe will go away from SWIFT payment system. China, Russia, and other countries are dumping US treasury bonds and stockpiling gold. Many countries are conducting trade in Chinese Yuan, Indian Rupee, UAE Dirham, etc, to reduce their dependence on $. China and Russia has successfully created the alternatives of SWIFT. India'S UPI is being used in many countries. Let BRICS create a reseeve currentcy for international trade. Soon, we will say good by to fiat dollar, which US prints and dumps in the world market in exchange for goods and services. The days of $ as world reserve currency is limited.

[@hiltonsue-wah-sing1239]

Just do it.

[@11000038]

ABOUT TIME! Save Ukrainian lives!

[@simondixon2676]

I am also expecting many private individuals to claim compensation from Putin and from the Russian government for the harm they have personally suffered as a result of Russia's illegal invasions

[@williamalexander9485]

Talk about putting the cart before the horse😂😂😂You have to win the war before making claims. The invasion was as legal as the one done in Iraq

[@artmcteagle]

And western companies whose assets have been 'nationalised'.

[@DanW-nk7sn]

@@williamalexander9485 Invasion of Iraq was at least as legal as USSR invasion of Poland, Finland and Baltic states in 1939 and 1940, therefore, it was OK

[@hughbarr8408]

I am expecting individual people like yourself to sign up for armed services. Do you get it yet ?

[@bassbuffricky]

@@DanW-nk7sn Yep, the famous pro-Kremlin logic by the International Pooty hugger community.

[@WhiteDragon689]

Russia will most definetly need to pay reparations if its ever going to be joining the rest of the world society for all this horrific destruction in Ukraine.

[@pauldean8638]

What are you smoking , america is having the trade dumped . No dollar trading then no sanctions. More countries want to join brics now so Russia isn’t left out , america is getting jibbed

[@gnrseanra9070]

You mean western world?

[@seanw3792]

Mozambique was never paid for all the landmines planted on their land. It’s obvious the whole system is corrupt. Why do some nations pay and others don’t?

[@charlysantamaria8646]

Brilliant news, thanks Joe for the info, much appreciated 👍

[@mr.nonamanadus4463]

Germany was held financially accountable for WWII. Civil law holds individuals & corporations financially responsible for damages to victims.

[@williamalexander9485]

Germany was held financially accountable for WW1. How did that turn out? Has anyone been held accountable for the weapons of mass destruction invasion of Iraq? Rules for thee not for me😂😂

[@hughbarr8408]

Yes, are you smoking funny cigarettes? Did someone pretend you were intelligent and you believe them?

[@pgr3290]

@@williamalexander9485 Yes, Western nations spent literally hundreds of billions of dollars rebuilding Iraq. It obviously needs lots more but for sure the economy is way bigger than it was before the invasion for a start. In 2002 Iraq's GDP was just 33Bn USD. Now it is 265 billion. That kind of growth would probably never have happened. The invasion was a mistake and wrong in so many ways and Iraq is still broken and corrupt. But nobody can say they have had no redevelopment money. Russia will pay to help rebuild Ukraine. No doubt about it.

[@derekcline950]

​@williamalexander9485 is your argument really that US gets away with shitty things so Russia should be able to as well?

[@curiositycloset2359]

Funnily enough, Germanys assets were held intact through both world wars, and continued to be traded.

[@disturbingdevelopment4308]

A potential complication arises if future negotiations cede Ukrainian territory to Russia. Russia might argue that most of the damage was done on the territory that is now part of Russia, so why would they need to pay additional reparations for damages that they will have to fix themselves anyway. Yet another reason for not negotiating and to kick Russia out of Ukraine completely.

[@denismunro214]

Two points : 1 If the law is helping the bad guys it’s time to change the law. 2 Russia has been seizing western assets in Russia. What is the value of those and are they not acting with equal illegality?

[@kavic1234]

Europe has already seized Russian assets illegally so your arguments make no sense

[@unoriginalname4321]

Yeah, if international law doesn't allow the seizure, then write new laws

[@mrjerzheel]

Ive seen valuations of western company assets in Russia from 250B-280B, no one really knows

[@drwisdom1]

Why can't foreign companies that got their Russian assets effectively nationalized make a claim on the Russian assets?

[@PeanutsDadForever]

Thanks for another great video!🇦🇺👴🏻

[@lombardo141]

Slava Ukrani ✊ 🇺🇦

[@mike4480]

..Glory to ALL of the Heroes of Ukraine …Thanks Joe … 💙💛💙

[@volkerr.]

300 Billionen is only a drop on a hot stone. Russia must pay for EVERYTHING!! 😎🔥👍🇺🇦💪

[@slavojalois1639]

I know, right !

[@gnrseanra9070]

Is this allowed international law? Think about it before you reply.

[@volkerr.]

@@gnrseanra9070 Russia doesn’t care about any law. So why should we..?! 😂😂😁🇺🇦👍

[@gnrseanra9070]

@Shinshocks555 Before international law? Don't tell me Budapest agreement Russia stole Nuclear Weapons from former Soviet Union.....I'm so waiting for your reply as you on Joe's site.

[@gnrseanra9070]

@@volkerr. How is Jack Teixeira?

[@BluffyMoo]

Joe, you forgot to mention "Estimated $50B is going to officials handling the disbursement." That's just how things work when govts are involved.

[@stevev238]

Long overdue as regards reparations.

[@hughbarr8408]

Did the Argentinian Government pay reparations for the Falklands? How about Hong Kong or Gibraltar? Clown.

[@johnfrancisco1851]

Slava Ukraine

[@christopherelliot4964]

NOT NEAR ENOUGH!!!. . .Give it ALL!!!!!

[@genedoroschuk7319]

Russia should pay and putin should be jailed for war crimes

[@MassimoCLI]

Strange nobody remember russia owe USA the famous Land & Lease agreement which in total accounted for 11 Billion $ at the and of 1945 in terms of weapon, logistic, planes, etc. Current value of those 11 billion extimates about 150Billion $ if not more. After endind World war two, relationships between USA and URSS deteriorated with the second never recognizing that help so being in debt. Only Nikita Krushev, once claimed that without that huge help from USA, URSS could hardly defeat Germany. Today Putin, Peskov & C, bark for help given by allies to Ucraine.

[@TrySomeFentanyl]

At the Tehran conference in 1943, Stalin said, “The United States of America is a country of machines. Without those machines through lend-lease, we would lose this war.”

[@seanlander9321]

In 1953 the London Agreement set the amount of WWI reparations Germany would pay. Germany agreed subject to a significant haircut of the debt, reunification and Australia being singled out as the only signatory from Versailles not to receive any payment. Germany made its final WWI reparation payment in 2010

[@michaelotoole1807]

england finished paying off lend lease loan to america in 2006.

[@seanlander9321]

@@michaelotoole1807 England did not pay off lend lease. Britain paid off the principal, not the interest, letting inflation do the hard work.

[@michaelotoole1807]

that's a nice deal, but what are friends for i guess.....

[@seanlander9321]

@@michaelotoole1807 Well, Britain ensured that Australia repaid its WWI debt, with interest. The loan was half Australia’s GDP and was the only loan from WWI repaid in full with interest, as Britain let every other borrower off or gave trade set offs due to The Great Depression, America likewise. Friends? The French loan is interesting; in 1931 France got a year’s reprieve from repaying its WWI loan and hasn’t paid a penny since. The loan doubles each 14 years due to interest and is heading towards a trillion. One might ask why parliament is hammering British taxpayers when the solution to fixing schools and potholes is parliament passing a motion for France to recommence payments?

[@normdyer94]

The damage assessment done by Russia increase with each quarter. The International Criminal Court needs to try the russian regime each quarter for crimes committed during the prior quarter. And then issue penalties, punitive actions and reparations as a court sentence. The court then orders those with russian assets to surrender them to receivership within the court, and those receivers issue to Ukraine partial payments, from russia to Ukraine for damages done. The court also 'legalizes' all other nations to act cooperatively to stop war crimes, including seizing assets, naval blockages, seizing ships, planes, trains, trucks, satellites, sanctions, and out bases such as Kaliningrad, and bases in Africa. The courts normally accelerate punishments with repeat offenses.

[@rafael_lana]

Problem is ICC ruling is entirely optional by the members, you'd have to fight the courts anyway in each country so why bother with the ICC. All international law works that way, bc every rule is only as strong as the people enforcing it. And all meaningful ways of enforcement are in the hands of individual nations at the moment.

[@normdyer94]

@@rafael_lana I 'thumbs up' you for a good reply. Well, time for the people to demand their governments comply with the ICC. Tighten things up.

[@daniellarson3068]

Russia should cede Kaliningrad as part of the reparations. Russians should leave and the EU takes the land.

[@russiandrivers9986]

China should also be gifted Manchuria

[@TimOConnor-mb4bc]

Russia tried to give Kaliningrad back to Germany first and Lithuania with both refusing to take it back.

[@markalexander832]

@@TimOConnor-mb4bc Russia never tried to return Koenigsberg to Germany, but during Soviet days did offer to transfer it to Lithuania. However, the German population was gone and replaced by Russians and Lithuania had no desire to incorporate even more Russians into their territory.

[@MarshaBonForte]

I’ve been making the same argument. Kaliningrad can no longer be tolerated as a Russian exclave if Russia is going to behave in this beastly way. Give it Ukraine directly or indirectly, or Poland, or Lithuania. It doesn’t matter, as long as it used to partially compensate Ukraine for territory lost, or damages sustained.

[@michaelotoole1807]

kalingrad has been russified. germany dosent want it back.

[@johnkeen2345]

Those who are on the fiddle cashing in on a low interest rate should be named and shamed!

[@hughbarr8408]

What low interest rates? Are you crazy?

[@nrm224]

My guess is those investments were in place when interest rates were still low. Especially if they were frozen at the start of hostilities in 2022

[@shafsteryellow]

You know who... we can't talk about them though

[@unoriginalname4321]

​@@shafsteryellowshould we be assuming this is an antisemitic comment?

[@artmcteagle]

After Russia has lost this war, a 'reparations' levy of 25% should be imposed on each exported barrel of oil. The cost of destruction inflicted on Ukraine will be well over $1 trillion, also the taxpayers in western countries must also be compensated.

[@Infopirates]

How did you escape from your room? 🧑‍🍳🧑‍🍳

[@artmcteagle]

@@Infopirates Russia will lose, just look at the infighting happening now, Popov arrested, FSB against Army. The purges have begun. Russia is losing economically, militarily, it is a pariah state. Hard to face the truth, eh, Mr. Troll?

[@tomb-99]

@@Infopirates Russia lost the day it invaded ukraine

[@Chag69420]

Because harsh sanctions on the population worked so well on the Germans after the First World War…

[@Infopirates]

@@tomb-99 I like new Mariupol. It's much better place than Ukrainian dirt poor old Soviet built town😁😁😁

[@ben_jam]

Make them pay !!

[@naicosir]

Why hasn't the USA ever been charged reparations?

[@user-fn8jo2mo2d]

"Because that's undemocratic! Why would the white man be charged with reparations by the subhumans (aka anyone not Anglo-Saxon)?" Seriously call me whatever you want. The US is a country run by racists who view the world like their candy store and regard everyone as subhuman serfs.

[@caribbeanman]

Actually Joe, Reparations date back much longer than that. Famously the once wealthy Carthage paid reparations to Rome which turned Rome into the superpower it became. A lesson from history? Slava Ukriani

[@curiositycloset2359]

As far as I can tell, reparations are paid by the losing side. None of this applies to russia.

[@ronthered138]

Yes, and Weimar Germany was forced to pay crippling reparations after her overseas possessions were stripped from her and her merchant fleet confiscated. We all know how beautifully that turned out for the victorious Allies, about 21 years later. So, a lesson from history? Could go either way.

[@TheInfamousMrFox]

​@@curiositycloset2359 They're paid by the one that broke international law. In this case ruSSia.

[@TheInfamousMrFox]

​@@ronthered138You're worried that third world neo-fascist ruSSia will invade Ukraine again in 20 years time if they're made to pay reparations?

[@Mady-lo6qb]

@@ronthered138 Maybe that's why the G7 are hesitating to take the entire amount.

[@osterreichischerflochlandl4940]

When the war ends there will be a ton of volunteers for demining and even some armies from all over the world will send their demining-specialists to do the job - this is better and more useful than any training camp. Also, with reconstruction UA will get rid of any old legacy stuff and implement the latest technology in any potential sector, may it be the energy sector, railway systems, internet connections, heating systems, etc. As far as I know as an E-engineer Germany and Austria had the most advanced electrical distribution system built up after WW2. This one of the main reasons the electrical grid is highly reliable in middle europe while it sucks in several parts of the US which still seems to have a lot of legacy stuff.

[@pablosskates7067]

That’s assuming a clean end to this mess. Putin could just hold on for another 20 years.

[@ericgranberg8893]

@@pablosskates7067 It won't be clean, no matter what. But Russia has a finite amount of resources (including people) to use that are not being replaced.

[@osterreichischerflochlandl4940]

@@pablosskates7067 The USSR could not keep up with that pace with much less war-related costs and Russia in its current state will also not withstand that. If you followed Joe Blogs you would know that the cash-cows, i.e. military equipment sales are practically zero and the oil export industry is crippled with drone attacks, not to mention the persons who left RU and with the given strict course without discussion culture any kind of even technical invention will not be possible on the long-term.

[@johncromwell2529]

Thank you See silicon curtain for great interviews regarding Ukraine

[@dougpage2730]

Russia has seized many millions of foreign assets in Russia without compensation. It is time foreigners responded in kind.

[@ankamafan]

Russia did this in the first year of war, imagine how many lives would have been saved if West did this in its first year.

[@davebayliss2278]

Since when has international law concerned russia !!!!!

[@senorspaceghosto4718]

I enjoy your reports Joe. Keep up the good work.👍

[@evansnyamesah1755]

Honestly this is going to be bad for everyone but worse for Russia

[@williamalexander9485]

On the contrary. China has sold $53 billion in US treasuries in Q1. The world is moving away from the old system, so no it going to be worse for the west. The only hope is for Russia to lose on the battlefield, which seems unlikely

[@jtf2dan]

@@williamalexander9485 Source: "Trust me bro!"....we all see russia collapsing, so it loses on the battlefield due to attrition. No money = no army.

[@ivan-Croatian]

HA! This will be Cosmic justice!!

[@haw286]

Use those assets to help Ukraine!

[@bruceferry6229]

thanks Joe!

[@treplan01]

And I am very curious about Ukraine’s progress in the fight against corruption, really it is very important.

[@Southerdown]

Having lived there it's about the same as the UK ( where I am from and the US where I studied ) it is just Ukraine is honest about it's corruption.

[@davidhowse884]

@treplan01 I understand there has been no problem with US aid, and EU has high expectations and requirements applied if Ukraine is to join the EU. However Russian disinformation is likely to try to undermine confidence, despite the fact Russia, itself is riddled head to toe with corruption.

[@davidhowse884]

@@Southerdown What are the stats? Living in a country does not provide that kind of information except through reports of legal cases. Ukraine has a tall order to address corruption endemic from Soviet times. Other similar countries have reported it takes decades to root out. Ukraine is genuine and earnest in rooting it out.

[@EEX97623]

@@davidhowse884 Corruption is the framework of modern Russia

[@davidhowse884]

@@EEX97623 I am aware. No one has benefitted more than Putin.

[@carolegarland8050]

Sounds weird and very complicated. I like the idea of a bond.

[@user-sn8kr7ck9e]

I dont think there is a hope in hell that Russia will pay any compensation. How can they be made to pay if thry merely say "shant"?

[@artmccarthy3268]

Outstanding work! Thanks for sharing.

[@dprout3392]

I like the USA/UK approach which is as legally simple as the way Russians attacked and invaded Ukraine.

[@reaglebeaglier]

While Russia certainly deserves to pay reparations to Ukraine, weaponizing the dollar to do so isn't the answer.

[@pauloicto8252]

It's not YOUR dollars we're talking about, it's those OWNED by Russia - that Putin is laundering in YOUR banks.

[@ollie3548]

Another quality production 👏 Thanks Joe

[@andrewatwood4711]

Glad to have you back Joe 😁

[@missinglinq]

Why is there no video on Argentina's dramatic turnaround?

[@jkmarshall3553]

I know, right!

[@vintagehome-777]

For the world cup?

[@dna1303]

Only $300BN....Why EU so scared and Hesitant about Spending this Money....Putin has intimidated the Weak West EU.

[@Ramontique]

If Russia falls apart they can no longer make a claim

[@user-rz5di8fv9x]

*D.Trump needs to be stopped in his Tracks.*

[@jkmarshall3553]

LOL!

[@vintagehome-777]

What?

[@pisowiec]

...but Germany never paid for damages to Poland 🇵🇱 neither ruzzians did...

[@jennifervoss]

Germany in fact did pay: The Sowjetunion as one of the winning allies took the damages for Poland from Germany. It is not Germany's fault that Poland's damges were stolen. Besides Poland legally waved any claims to damages in 1990. Maybe Poland's governemt shouldn't have given in to the pressure by the WW II winners and delayed the German reunification. However Poland's government valued finally having a peace treaty and an internationally recognised border higher.

[@Corialtavi]

Nor Italy, Germany France Russia paid out to the UK loans after the 1st or 2nd WW's

[@Tatteddaddydc]

"Why can't we bring Russia back into the G7??" - Trump, 2019

[@jkmarshall3553]

Pre-war comments. Ok, what's your point??

[@Tatteddaddydc]

@jkmarshall3553 I'm in the US. Trump is in the news here daily. I want to make sure Joe's audience is reminded of the traitor we Americans once called our president.

[@ettoreatalan8303]

@@jkmarshall3553 The war started in 2014 with the Russian invasion and occupation of Crimea.

[@brendanvogele2531]

Not so Fun Fact: Finland was forced to offer $226,500,000 (originally 300,000,000) to the Soviet Union in reparations after the war, due to their involvement with Nazi Germany in the beginning of the war. This was what the Finns refer to as the Continuation war; a war in which the Finns colluded with the Germans in an attempt to take territory back from the SU lost about a year and a half prior in the Winter War. The Winter War was a war that the SU started and ended in the Finns having to lose territory through a last-minute attack that caught the Finns off guard while in peace talks. Considering the Soviet justification for reparations for events set in motion from their own prior greed, and the fact that the SU was also on the same side as Germany at the beginning of WW2 and the whole thing becomes absurd. Finland finished paying off this debt in late 1952. Essentially the US, UK, and France just looked the other way, as Finland wasn't considered important enough to put up a fuss, considering that relations were more important with the SU after the war, and probably also because they had chosen, rightly or wrongly, to side with the Axis early on, which did damage Finland's reputation some.

[@nicholasmccarthy8771]

Nice job, Joe. Beautifully explained.

[@Silverbeardedsurfer]

Give all the money to Ukraine and let them hire mercs.

[@NAFO_MythicPlague]

Great show Joe the ending was the best part man I needed something light hearted that part for me stole the show. I wish more people were like the couple at the end.

[@michelleagnew8780]

I understand the dilemma much better now. Thank you for making this video 😇

[@luminyam6145]

That was great, thank you.

[@Alshababmujahadeen]

About time

[@Joaodocaminhao0234]

Thank you

[@anthonybuono02809]

Wonderful ending! Great job.

[@paulrosa6173]

French reparations at the end of the Napoleonic wars were a matter of treaty negotiations. They were also a matter of returning vast amounts of wealth that had been stolen (spoils of war) that Napoleon used to finance his own ambitions. It was not just money but assets like works of art and other fairly easy assets to sell if necessary. Hitler was very like Napoleon in stealing other people's "stuff". In fact, before Napoleon, it was common practice of all armies to loot the places they occupied of anything they could steal, including soldiers. The French were not the only side doing it either. Russian assets in european accounts are not stolen funds and predate the invasion. The war is not ended. There have been no treaty negotiations. And when they come, if they ever come, the negotiations could easily be screaming matches about which liar was daring to call the other black. Modern conflicts never seem to end with clear victories or one side over the other. Haven't you noticed? Maybe Panama or the Falklands? And Russia will survive with or without Putin. It's Russia's funds, not Putin's. The Ukrainians aren't above learning a thing or two about international law as well. There must be justice in those negotiations. In the modern world the scope and terms of that justice will be largely? mostly? defined by the background of international law. Long lasting and stable peace will only be possible if all parties can agree that the terms are not the result of maintaining strong armed tactics that might only bury resentments under hypocrisy and propagandized double talk. Israel/Palestine comes right to mind as a good example of that kind of "peace". And even if peace can be established temporarily the treaty agreements could easily erode over time. How soon could that happen? In this issue popular opinion doesn't, or shouldn't mean much. Popular opinion will most likely lose interest in it quickly. Treaty agreements have to yield results that must last generations, if possible.

[@louisebean9428]

100 thumbs up 👍 Russia will pay for all the damage it has done !

[@KianFloppa]

Slava Ukraini! ❤🎉 peace

[@flaviucalin]

Another good one, Joe.

[@seanstansbury5585]

Thanks

[@AdrianBoyko]

Good topic. Thanks for the info.

[@russelltvrdik3266]

Love um all. Great presentations

[@djj949]

Good video, appreciated the historical context

[@trikkid]

Interesting. Thanks.

[@kurtwinslow2670]

Now this is me using my sense of humor. I'm not advocating to release Russia's money, but if we ever do. I say pay them in rubles. The value of the USA confederate money will be worth more than the Ruble.

[@eileenoconnor391]

It seems to me that we live in unprecedented times, requiring creative solutions involving international law and finance. Thank you for your research and insights. Always a pleasure to listen to.

[@ros8737]

Frozen assets should at least be used to pay for a sufficient air defense to prevent further costly damages.

[@louisgiokas2206]

Love the cat at the end. You know that KZbin was created for cat videos. As for paying back war debt, not reparations, the UK finally paid off their Lendlease obligations to the US in this century. These things can be structured to have a very long payback period.

[@stevekoehn1675]

Very informative, things you most likely would not know. Some time ago I raged you for repeating the same points too many times, sorry, but it has become much better, clear and efficient. Thanks, good work

[@jameswalker7899]

A complicated topic, which you unpacked well, with reason and logic. Warmest compliments. Thank you, sir. :)

[@georgea.lozano2619]

he explained it well too.

[@tdelalu1]

Awesome analysis .

[@aceofspades1217]

Wow what a turnaround on this issue

[@Texanrascal]

Great video boss.

[@dangerouslytalented]

Touching the capital would mean those holding the bonds will have to liquidate all those assets immediately and that would lose money

[@oscarmora4602]

Informative

[@michaelsecomb4115]

After WWII Japan built a hydro-electricity station to power Rangoon (Yangon) in compensation for war damages.

[@scott7513]

Always loved the end of your videos