4.4 • 650 Ratings
🗓️ 30 December 2023
⏱️ 29 minutes
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0:00.0 | All right, Alexander, let's talk about a Financial Times article, which is claiming that the Biden White House and the G7, they have put together a working group to explore the possibility of confiscating. |
0:20.5 | That's the words that the Financial Times use, as confiscating the |
0:23.7 | 300 billion in Russian frozen assets. |
0:27.3 | And the date that they have marked for this confiscation is, of course, the two-year |
0:32.9 | anniversary of the special military operation February 24th, 2004, is when they would like to announce |
0:41.5 | this confiscation of the 300 billion in Russian frozen assets. |
0:45.3 | No surprise that they're trying to create a media narrative, a show out of this confiscation, |
0:53.9 | which will damage the United States and the |
0:57.5 | European Union in a big way. But, you know, Alexander, they've been warned by everybody, |
1:05.4 | by everybody, even the IMF, even U.S. Nobel Prize winning economists. they've all warned the Biden White House and the European |
1:14.3 | Union, don't do this. But when has this ever stopped the Biden White House? Anyway, your thoughts on |
1:22.7 | this Financial Times article. Well, you're absolutely right. Now, this article, by the way, has been commented upon in |
1:29.2 | Britain. So it's now being discussed in Britain as if it is a leak from the administration, which |
1:37.5 | confirms a policy, that the policy, that this is now what they're going to do. So I think we can take |
1:42.9 | it as read that this is what they're going to do. So I think we can take it as read that this is what they're going |
1:45.1 | to do. The US has decided. Britain and Canada, of course, are going along. For some reason, |
1:54.8 | which I don't understand, but that's their decision, I suppose. The Japanese are also bagging it. |
2:00.3 | The Europeans are a lot more nervous because most of |
2:03.2 | these assets are actually located within the territory of the EU, but the US wants it and it's going to |
2:10.2 | get it. And they've said that the article says that no final decision has been made. Well, |
2:16.7 | we've heard that many times. It's |
2:18.7 | going to be made. It's already been made. Clearly, this is where we're heading towards. There's |
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