CodeNCats
CodeNCats t1_iyd6p2c wrote
Reply to comment by will_holmes in The EU is looking at seizing $330 billion in frozen Russian assets and investing them — with any profits going to Ukraine by KeenlyFirst
This is weird to me. Why invest and give profits? This seems like a really round about way to essentially take the money for your own use.
Give them the fucking money.
If the EU invests it. They will without a doubt take fees from the money under the guise of needing to pay people to invest it. That $330 billion in money will net some bankers some nice fees and some nice bonus checks. All while locking the money up for years and trickling it into Ukraine.
It's grifting and profiteering.
CodeNCats t1_iyeytxd wrote
Reply to comment by Thatsaclevername in The EU is looking at seizing $330 billion in frozen Russian assets and investing them — with any profits going to Ukraine by KeenlyFirst
Very weird.
I mean. It's also weird for balance sheets. Give me 300 billion of someone else's money. I promise to give them all of the returns.
Yet I have 300 billion in assets I can leverage as collateral in loans and to put in a balance sheet.
This seems like some fuckery.
Before anyone thinks I am pro-russia. Fuck Russia and fuck putin. Glory to Ukraine.