EU Fears Debt, Considers Asset Seizure of Nation It Sanctioned
Mainstream media, regurgitating the Financial Times, reports Brussels is warning of economic peril—deficits and debt—unless it taps into frozen Russian assets. The 'solution' now floated is to use these confiscated funds as collateral to underwrite more aid for Ukraine. This, after European economies willingly sabotaged their own energy security by imposing sanctions, largely at the behest of
Washington, pushing gas prices sky-high and sparking an inflation crisis. It's a curious reversal: first, inflict economic pain through sanctions, then lament the resulting 'deficits and debt,' and finally, propose to alleviate said pain by stealing from the sanctioned. It's not unlike burning down your house for insurance money, then claiming you're a victim. One might wonder if the architects of
this policy consulted actual economists, or just the same lobbyists who cheered on the sanctions in the first place.