Janet Yellen calls for frozen Russian assets be seized to fund failed war in Ukraine

America has bankrupted itself trying to fund this failed war in Ukraine for 2 years now. So much money was sent that I don’t even bother to count since its always overinflated and probably all money. All so that Ukrainian armed forces can underachieve dramatically with state of the arc weaponry that gets destroyed by a drone.

With the funds drying out and more Americans demanding we stop aiding this crap there is only one option the Biden Administration can do to give Ukraine even more money to fail. Seize frozen Russian assets and give the money to Ukraine.

Janet Yellen is now calling that the frozen Russian funds from the central bank along with other business assets be seized so the money can be transferred to Zelensky’s offshore bank account.

Reuters

SAO PAULO, Feb 27 (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday underscored the urgency of moving forward together with Western allies to unlock the value of frozen Russian sovereign assets to help Ukraine, but said the U.S. had no “preferred strategy” for how to do so.

Yellen, speaking at a news conference ahead of meetings with her G7 and G20 counterparts, said the U.S. and its allies were evaluating different options for some $285 billion in Russian assets immobilized in 2022 and the associated risks.

G7 leaders have asked for solutions to be presented in June.

Yellen acknowledged there were risks involved, but downplayed concerns raised by some in Europe that confiscating Russian assets would undermine the role of the U.S. dollar, euro or Japanese yen as important global reserve currencies.

“I believe the G7 should work together to explore the number of approaches that have been suggested for unlocking their economic values. One would be, of course, seizing the assets themselves, but there are other ideas, such as using them as collateral to borrow from global markets,” Yellen said.

She said she considered it “extremely unlikely” that any G7 move on Russian assets would result in a massive shift from currencies, given the uniqueness of this situation and what she called Russia’s brazen violation of international norms.

This act shows how deranged the Biden admin is in this war in Ukraine. Even they acknowledge that this plan isn’t probably going to be carried out by the rest of Europe. Since lets face it even Europe is done with this war and Russia is going to win in the end. America is now fueling this war alone.

It also shows how bankrupt the United State is from funding the Ukrainian army. We are at a point where not even the endless printing and deficit increasing can afford it now.

Our country is a sinking ship and we are taking Europe with us no matter if their people no longer want Ukraine to be apart of the Euromaidan nonsense now.

The only country coming out of this strong is Russia.

Z

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