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Yellen sees 'possibility' of $50 billion Ukraine loan from seized Russian assets
Reuters ^

Posted on 05/21/2024 10:43:37 AM PDT by Tench_Coxe

LONDON, May 21 (Reuters) - U.S. Treasury Secretary Janet Yellen said there was a possibility Group of Seven nations would support Ukraine by as much as $50 billion using loans linked to seized Russian assets, Sky News reported on Tuesday.
"I believe it's important for the G7 to work together to show a united front and to show that we can generate meaningful resources to support Ukraine over the next several years," she told Sky News.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; Miscellaneous; News/Current Events; Politics/Elections; Russia; Ukraine; War
KEYWORDS: arrestjanetyellen; arrestputin; assets; g7; globohomo; killkillkillforpeace; mic; moneylaundering; nottheft; outrighttheft; seize; stealingland; thiefinchief; tothelastukrainian; ukraine; ukrainewar; welfarewar; worldwar; yellen; zeepersorgasmic; zelenskyqs
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A loan, using interest on frozen Russian assets as collateral. A loan that will never be repaid. At this point, they're not fooling anyone.

You can be sure they're trying to figure a way to justify stealing the assets actually there (about 206 billion). But some wags here have already tacitly have said in effect 'we can seize them as reparations (usually those are something that occurs post hostilities). What are they going to do, nuke us?"

1 posted on 05/21/2024 10:43:37 AM PDT by Tench_Coxe
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To: Tench_Coxe

” U.S. Treasury Secretary Janet Yellen said there was a possibility Group of Seven nations would support Ukraine by as much as $50 billion using loans linked to seized Russian assets, Sky News reported on Tuesday.”

May it be so!


2 posted on 05/21/2024 10:46:58 AM PDT by Sunsong
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To: Tench_Coxe

I agree. Just seize the funds and use them to counter Russian aggression. Why bother with the pretenses?


3 posted on 05/21/2024 10:49:35 AM PDT by MeganC (Ruzzians aren't people. )
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To: Tench_Coxe

4 posted on 05/21/2024 10:49:35 AM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: Tench_Coxe

Russia might void Western patents and copyrights.


5 posted on 05/21/2024 10:49:43 AM PDT by Brian Griffin
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To: Tench_Coxe

Sure, sieze a country’s assets. What could go wrong? It’s not like it would damage our reputation as a safe place to invest, would it?


6 posted on 05/21/2024 10:50:04 AM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: Tench_Coxe

You’re right.

And then they’ll want at least $ trillion (For the deep pockets of their cronies) to re-build Ukraine.


7 posted on 05/21/2024 10:51:43 AM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: Tench_Coxe

Why can’t WE keep it?


8 posted on 05/21/2024 10:52:25 AM PDT by montag813
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To: Jeff Chandler

“Sure, seize a country’s assets. What could go wrong? “

So we haven’t declared war but we can seize the assets? What else can Janet do?


9 posted on 05/21/2024 10:54:11 AM PDT by Dennis M.
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To: Tench_Coxe

We’ll give you more money to watch you die.


10 posted on 05/21/2024 10:55:46 AM PDT by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: MeganC; Jeff Chandler
I agree. Just seize the funds and use them to counter Russian aggression. Why bother with the pretenses?

Russia and China are counting on the US seizing Russian US Dollar assets, as part of their BRICS economic plans. And US neocons and DC criminals can't help themselves - like putting a steak in front of a dog.

11 posted on 05/21/2024 10:59:11 AM PDT by PGR88
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To: Tench_Coxe

Check out a couple of the neocon nutburgers on this thread rubber-stamping piracy, and the death of the US dollar as reserve currency!


12 posted on 05/21/2024 11:07:23 AM PDT by kiryandil (FR Democrat Party operatives! Rally in defense of your Colombian cartel stooge Merchan!)
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To: Tench_Coxe

Seizing assets is government theft and leads to confusion and unpredictability in financial markets.

It’s also bad for consumers and bad for businesses, which is the MO for the Biden/Harris administration.

“Rah Rah” War.....”Rah Rah” totalitarian government.(Sarcasm)


13 posted on 05/21/2024 11:07:44 AM PDT by unclebankster (Globalism is the last refuge of a scoundrel.)
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To: MeganC

I agree. Just seize the funds and use them to counter Russian aggression. Why bother with the pretenses?

****************

Seizing funds won’t counter Russia, you’ll need warriors and weapons.

This idiocy produces neither.


14 posted on 05/21/2024 11:12:29 AM PDT by unclebankster (Globalism is the last refuge of a scoundrel.)
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To: Tench_Coxe

It’s just theft and money laundering.


15 posted on 05/21/2024 11:13:06 AM PDT by Darksheare (Those who support liberal "Republicans" summarily support every action by same. )
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To: unclebankster

“Seizing funds won’t counter Russia, you’ll need warriors and weapons.”

1. It’s a bugger to pay for and buy soldiers and weapons without funds.

2. The money will be used so Ukraine can pay for and buy soldiers and weapons and, ultimately, rebuild their country.


16 posted on 05/21/2024 11:15:33 AM PDT by MeganC (Ruzzians aren't people. )
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To: Tench_Coxe
Yellen sees 'possibility' of $50 billion Ukraine loan from seized Russian assets

I remember the good old days when I was in the Navy and we Hanged Pirates.

Now we give 'em jobs at the Fed.

17 posted on 05/21/2024 11:15:58 AM PDT by Navy Patriot (Celebrate Decivilization)
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To: Sunsong

STHU Brainless post.


18 posted on 05/21/2024 11:23:36 AM PDT by dforest ( )
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To: Tench_Coxe

Turning not just your children, but you grand and great grandchildren, into slaves.


19 posted on 05/21/2024 11:23:41 AM PDT by xoxox
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To: Dennis M.
So we haven’t declared war but we can seize the assets? What else can Janet do?

Seize our assets without us even committing a crime.

20 posted on 05/21/2024 11:28:43 AM PDT by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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