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Russia freezes major euro bank assets.

The Russian government has siezed and frozen the asset of major Italian and german banks still opertaing in Russia after the Ukraine invasion.. These include the Assets of Deutsche Bank. formerly one of its main funnels to western countries and subject of money laundering claims..
There is no official word. But I am guessing they have completed a new deal with someone else..China? The Saudis?? I have no idea...😷
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whowasthatmaskedman · 70-79, M
@MarmeeMarch I will check with Boris.....😷

zonavar68 · 56-60, M
Trump is a heavy user of Deutsche bank apparently.
whowasthatmaskedman · 70-79, M
@CactusJackManson I do love that some folks can look at a lifetime of bad acts and pick out one probably untrue item, then claim that as an excuse to explain away a lifetime of theft, deceit, adultery, lies and crooked dealing . Then take the leap of saying this is who you want to lead and represent your nation to the world. Seek professional help!😷
zonavar68 · 56-60, M
@CactusJackManson Stormy Daniels aka Stephanie A. Gregory Clifford
whowasthatmaskedman · 70-79, M
@zonavar68 Now lets be fair. I dont think Trump actually paid her for the act. Just paid her off after to keep silent..😷
Strictmichael75 · 61-69, M
Probably with China!
But let’s wait and see
whowasthatmaskedman · 70-79, M
@Strictmichael75 Yes and No.. They could damage the dollar and tip the share market. But the govt now can print more dollars to paper over the cracks. If the chinese wait until a large part of the world is no longer using $US for trade, then the value od the $US falls and China can then move, flooding the market and pushing the $US down in value even more. At this point they will insist on being paid for their exports in something other than $US and then the US has to buy that currency in the market, making Chinese imports horrendously expensive and inflating the cost of living. If America chooses to set up competition locally they will face equally high costs and long lead times..The economy and standard of living would be trashed..😷
Strictmichael75 · 61-69, M
@whowasthatmaskedman If China dumped all their dollars on the market the dollar wouldn’t be worth the paper it’s written on!
whowasthatmaskedman · 70-79, M
@Strictmichael75 While its true it would bounce the $US severely in terms of imported goods, the local industry effect wouldnt be felt as fast or as extreme. A big mac and fries wouldnt go up as much as a new Monitor..But car components for Ford and GM would drive the price of "American " cars up quickly..😷
looks like russia is getting desperate
whowasthatmaskedman · 70-79, M
@SisterShadow Its certainly provocative..😷
What a shame that the era of increasing cooperation is ending and the US is imposing sanctions, fighting to divide Europe from Asia, bombing pipelines etc. Obviously Russia is opposite the US in the war.
LordShadowfire · 46-50, M
@Roundandroundwego That's a lie. You want us to stop resisting the Russian invasion so they can destroy Ukraine.
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doong · 56-60, M
@LordShadowfire The Clown Zelensky deserves that, he should know battle fields is not a comedy theatre
AthrillatheHunt · 51-55, M
Saudi can’t handle that kind of capital and logistics. China maybe , but it would be complicated .
HumanEarth · 56-60, F
Coming to USA real soon
LordShadowfire · 46-50, M
So that's how they plan to win. Sneaky, Vlad.

 
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