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[deleted] t1_iydafun wrote

Reply to comment by [deleted] in The EU is looking at seizing $330 billion in frozen Russian assets and investing them — with any profits going to Ukraine by KeenlyFirst

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sanels t1_iydlip4 wrote

Russia already nationalized billions worth of airplanes at the very start of the conflict, i'm really not worried about any russian assets being seized by whomever provided they are given to ukraine for recovery efforts.

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TheRC135 t1_iydqa0n wrote

People keep making this argument, but I don't see it.

Nobody is talking about arbitrary seizure of Russian money, they're talking about seizure of Russian money in response to blatant, unjustified aggression and war crimes, for the purpose of aiding the victims of Russia's atrocities. As a foreign investor that wouldn't bother me, because I don't have ties to a criminal autocracy.

Its not like every single Russian in the EU has had their assets seized... sanctions and freezes have targeted oligarchs and other individuals and companies with direct connections to Putin and the Russian government. These are the people who should pay for the war.

Beyond that, the argument that investors from other countries would be scared to invest in the EU if Russian assets are seized is nonsense. People who don't have ties to Putin aren't under any threat. The only people would would be scared away by the seizure of the assets of sanctioned Russians are others who want all the benefits of living in the civilized world while continuing to profit from corruption, exploitation, violence, and autocracy at home.

The threat of asset seizure means one of two things for such people: a) that they have a strong incentive to curtail the worst impulses of their home governments, or b) they should stay the fuck home. Either way, that's a win for the EU.

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[deleted] t1_iyde27u wrote

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sanels t1_iydlrp9 wrote

at the very start russia literally stole billions worth of airplanes from the eu and investment by the west into their oil projects. there shouldn't be a care in the world for any russian assets being seized abroad, take it all and use it to reinforce and rebuild ukraine

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KerbalFrog t1_iydmljg wrote

The difference here is I expect my country to uphold the law and hold my governament to high standadrds then the russias. I dont like this because it erodes MY freedon and security if MY governament can go around ignoring due process and law. I dont belive on stealing from thiefs ... because I dont belive in stealing.

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sanels t1_iydo9t1 wrote

If you allow others to steal from you at will and do nothing to retaliate you are just a fool then. It's the same kind of shit china does where they expect to be treated fairly abroad but at home everything has to be done through a chinese proxy and foreign companies are extremely disadvantaged and more often than not just screwed. Due process and law do not apply outside a countries own borders and for their own people, shit most of the time it doesn't even apply internally. There isn't a single country/govt that actually has a good and fair legal system there is soo much bullshittery going on everywhere it's not even funny so posing like their on some moral highground is just straight bullshit.

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TurboNinjaFin t1_iye9rs6 wrote

Retaliation can be dine other ways than lowering ourselves to same level with putin and steal. I think it is someways pretty European way to take the money invest it and make profit from it just to remind putler he cant do that no more

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