Putin Doesn’t Bluff, by James Rickards

The West is planning on stealing Russian assets and Putin has said that will be reciprocated. From James Rickards at dailyreckoning.com:

Putin Doesn’t Bluff

Two weeks ago, the Congress passed (and President Biden signed) four key pieces of legislation related to national security.

Three of the bills provided assistance to Ukraine, Israel and Taiwan. They received the most attention. The one that got the least attention was a mixed bag of provisions, such as a forced divestiture of TikTok.

Included in that bill was something called the REPO Act that authorizes the president to steal any Russian assets, including U.S. Treasury securities, that come under U.S. jurisdiction.

The impact of the REPO Act is limited by the fact that only about $10 billion of Russian sovereign assets are actually under U.S. jurisdiction. Yet the act contemplates that this theft will be a down payment on a much larger theft to be conducted by NATO allies in Europe.

$290 billion of Russian sovereign assets are being held in Europe. The act says that the assets stolen by the U.S. will be contributed to the Common Ukraine Fund.

No doubt, the U.S. will be the most powerful voice in the administration of the $290 billion common fund. The U.S. goal is to use the G7 summit in Apulia, Italy on June 13–15 as a platform for getting the other G7 members to go along with the Common Ukraine Fund and to steal any Russian assets under their jurisdiction.

So these people think that Russia will simply accept this act of theft without retaliating?

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One response to “Putin Doesn’t Bluff, by James Rickards

  1. Colonel Kilgore Trout's avatar Colonel Kilgore Trout

    Zelensky is already adding up his cut and of course 10% for brain dead dementia patient Brandon.

    The Pentagram will cue up some old gear that gets full price charge.

    How could you not love the burning down of this steaming fourth world turd?

    Barry didn’t fail at all.

    Russia will reciprocate and I’m sure the faculty lounge hadn’t thought of it.

    On a run to Palookaville there was some noticing, a PNC and Chase bank located at prime four lane US HWY intersections boarded up and closed along with a CCP dental outlet.

    The 7500 degree mushroom clouds will put the Kwanstain FUSA out of misery?

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