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submitted 5 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml
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[-] yogthos@lemmy.ml 7 points 5 months ago

You do realize that this is a massive self own for the west right? Russia already lost access to those assets when they were frozen, and they have retaliated by seizing western assets in Russia. What this does accomplish is to demonstrate that western financial system is lawless, and the west will steal sovereign assets. This is only going to accelerate other countries pulling their assets out of the western system. This is why all the western banks and legal experts have been resisting this move.

Meanwhile, the actual problem the west has in this proxy war is lack of industrial capacity to produce the weapons. This problem can't be solved with money. Evidently, there are still people out there who can't grasp this after two years of the war. However, actual experts understand the situation perfectly well https://rusi.org/explore-our-research/publications/commentary/attritional-art-war-lessons-russian-war-ukraine

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[-] andyburke@fedia.io -5 points 5 months ago

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[-] yogthos@lemmy.ml 8 points 5 months ago
this post was submitted on 25 May 2024
27 points (78.7% liked)

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