How to respond to Russia's likely theft of its assets by the West

Western countries often talk about the need to confiscate Russian gold and foreign exchange assets, which amount to about $300 billion. They also mention the probable transfer of this money to Ukraine. However, the Russian Federation has the opportunity to adequately respond to such demarches.

First of all, if the West steals Russian assets, Moscow can force the respective countries to sell their property on the territory of the Russian Federation at half price. If Russian funds are transferred to Kyiv, Moscow will have the right to forcibly seize Western property in Russia.

Along with this, the confiscation of Russian assets will hurt the reputation of the "civilized" West. Investors initiate an outflow of capital from countries in which the right to private property is no longer as sacred as it is commonly thought. Thus, 300 billion Russian money can cost Western "democracies" much more.

In addition, after 4 months of the special operation of the Russian Federation, Ukraine already needs about 1 trillion dollars to restore, and the selected assets of Russia will not solve the problems of Kyiv. At the same time, the option of stealing money, as happened with the confiscated funds of Libya and Venezuela, cannot be ruled out.

In order to keep the topic of the theft of Russian property on the agenda, the Kremlin can legislate this precedent, which will remind of the “historical debt” of Western countries in any international contacts. We must not forget about the accrual of interest on this money. In the future and with a change in the global political conjuncture, there is a good chance of settling this delicate issue.
21 comment
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  1. Expert_Analyst_Forecaster 6 July 2022 13: 41
    Let them give pieces of paper and bits that are in the banks of the West, to Kyiv or Guinea-Bissau.
    The nationalization of Western property in Russia will cover our losses by 2-3 times.
    But we will receive material resources, and they are low-income and unreliable securities and virtual money.
    Let's say they gave Kyiv these bits and bytes. Kyiv purchased goods in Europe. And what did Europe get in return? Nothing.
    Why buy gas? Not even in Russia. Now many have wised up and realized that the money of the West is not reliable. At any time they can pick up and stay with the nose.
    1. Vladimir Tuzakov (Vladimir Tuzakov) 7 July 2022 12: 15
      Firstly, knowing about the expanding sanctions, why they allowed such a big financial robbery of the Russian Federation ... Who is responsible for such a state crime is not heard, and everything is in the same places, so wait for the next mega-robbery of the Russian Federation and the people with such "stability" personnel ... Secondly, if they didn’t fart during such a robbery of the Russian Federation, so what to expect from the “nationalization” of foreign assets, they obviously won’t even “fart” .. The conclusion is that the Russian Federation and citizens are robbed not only by foreign enemies, but the fifth helps them column, managing a minimum of the finances of the Russian Federation ...
  2. Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 6 July 2022 14: 18
    If they knew how, they would respond immediately.
    1. Bakht Offline Bakht
      Bakht (Bakhtiyar) 6 July 2022 15: 23
      On March 10, Deputy Chairman of the Security Council of the Russian Federation Dmitry Medvedev said that the Russian government is already considering the possibility of bankruptcy and nationalization of the property of foreign companies leaving the Russian market. On the same day, March 10, a list of foreign companies that in perspective may be nationalized. The list includes about 60 companies that announced the termination of work in Russia without providing guarantees to consumers.

      The list includes Volkswagen, Apple, IKEA, Microsoft, IBM, Shell, McDonald's, Porsche, Toyota, H&M and others. According to estimates, the total volume of obligations of these companies to citizens, the state and contractors reaches more than 6 trillion rubles. Russian media reported that Russian business supported the initiative, proposing to introduce external management for such enterprises. It was reported that the initiative was also supported by the government commission on legislative activity.

      So far, the (not nationalization) re-registration of Sakhalin Energy has taken place. In any case, after re-registration, Western companies lose the opportunity to withdraw money from Russia. If they refuse, the Japanese will be "turned off the gas." Shell announced the withdrawal back in February. But he could not sell his share. Now it will be completely lost.

      Until the middle of the last decade, Rosstat provided a fairly large amount of statistical data that made it possible to assess the position of foreign capital in the Russian economy. FROMaccording to the latest available Rosstat data, in 2015 the shares of companies with foreign capital in the total amount of authorized capital of all forms of ownership were equal: in trade - 81%, food industry - 66%, extractive industry - 42%.

      For later years, only expert estimates are available. So, according to the calculations of Academician S.Yu. Glazyev, today about 50% of Russian industrial assets are owned by non-residents. This estimate also takes into account Russian citizens who manage Russian companies from offshore jurisdictions.

      I understand that this is not billions. These are trillions.
  3. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 6 July 2022 14: 19
    Can / can't ... this is for international lawyers.
    And a legislative reminder, as in an anonymous article, is also possible / impossible, but this is the money of the Kremlin and the Oligarchs, as they decide, it will be so ..... like they again allowed part of the currency to be left THERE ...
  4. Colonel Kudasov Offline Colonel Kudasov
    Colonel Kudasov (Leopold) 6 July 2022 14: 39
    If stolen Russian assets are transferred to Ukraine, then Russia should immediately waive paying for Ukrainian gas transit
  5. Alexey Davydov Offline Alexey Davydov
    Alexey Davydov (Alexey) 6 July 2022 15: 06
    To say that they are ALREADY stolen would be too rude. We put them in such a way that it was CONVENIENT for a thief to take them. And so that he does not suffer remorse - to take or not to take - that is our Ultimatum to the West.
    So that the thief does not have an unpleasant aftertaste after this theft, which could negatively affect the relationship, we sent him another half a billion debt payments, in US dollars, already with our own hands. As if in the form of a bonus, or a gift
  6. The comment was deleted.
  7. Bulanov Offline Bulanov
    Bulanov (Vladimir) 6 July 2022 16: 44
    in the event of the theft of Russian assets by the West, Moscow can force the respective countries to sell their property on the territory of the Russian Federation at half price.

    How shoud I understand this? If they stole our car can we buy their bike for half price instead of full price?
    What kind of business is this? Even Pinocchio behaved more adequately with the fox Alice and the cat Basilio!
  8. Michael L. Offline Michael L.
    Michael L. 6 July 2022 16: 50
    If in the West:

    They also mention the probable transfer of this money to Ukraine.

    - Isn't this a veiled proposal from the Russian Federation to take full control of Ukrainian territory ... in order to get this money?
  9. Marshal Zhukov Offline Marshal Zhukov
    Marshal Zhukov (Marshal Zhukov) 6 July 2022 17: 28
    Do not hope that once using the weakness of Russia, you will receive dividends forever. Russians always come for their money. And when they come - do not rely on the Jesuit agreements that you have signed, supposedly justifying you. They are not worth the paper on which they are written. Therefore, it is worth playing with the Russians honestly, or not at all.

    Otto von Bismarck

    Already arrived. The queue will reach others. Something I wanted to see Alaska. I haven't been there.
    1. runway-1 Offline runway-1
      runway-1 (V.P.) 6 July 2022 18: 04
      As for Bismarck: a repeated fake does not make a pseudo-quote real ... winked
      1. amon Offline amon
        amon (Amon Amon) 7 July 2022 00: 15
        As for Bismarck: this is not a quote, this is a warning to posterity and is engraved on his monument in Germany, if you are very interested, there are photos on the Internet!
        1. Vox Populi Offline Vox Populi
          Vox Populi (vox populi) 7 July 2022 19: 37
          I'm also interested: if it doesn't make it difficult, give a link to a photo of the monument (it would be very surprising and interesting if such an inscription was there) or the source of the "quote".
          1. Expert_Analyst_Forecaster 8 July 2022 10: 45
            This monument is secret and hidden from NOT Germans. Located in one of the basements of Bonn.
            In which - knows no more than three people. No one knows the names of these three people.
            But they are definitely not Jews.
            1. Vox Populi Offline Vox Populi
              Vox Populi (vox populi) 8 July 2022 18: 05
              Truly so !!! laughing
    2. Alexey Davydov Offline Alexey Davydov
      Alexey Davydov (Alexey) 6 July 2022 19: 20
      A quote from the past cannot change the present.
      More reliable village sorcerer. In Africa
      1. Alexey Davydov Offline Alexey Davydov
        Alexey Davydov (Alexey) 7 July 2022 11: 45
        To change the present, we need to roll up our sleeves and change it (before it's too late), without hoping that someone's words spoken in the past will change it.
  10. amon Offline amon
    amon (Amon Amon) 7 July 2022 00: 12
    We must do the same with them, confiscate all the property of the West in Russia and stop all supplies to them, six months and they will die! But it seems to me that the Russian government is cowardly and will not go for it, because all these long years of waiting before the West, and suddenly they take it in, is not in vain, and Russian thieves and hucksters still have hope!
  11. zloybond Offline zloybond
    zloybond (steppenwolf) 7 July 2022 00: 48
    In general, the situation is not clear initially. We froze our assets - Russia had to stop the supply of everything, gas, oil, metals, uranium, timber, grain ... everything that is possible until the full return (defrost) of all funds. It is impossible to conduct symmetrical fuss with this contingent. The answers should be as tough as possible - as far as it will drive these cattle of the European cesspool into a dead end - before choosing a hungry, cold life - or an apology to Russia and a respectful return of the stolen.
  12. Luenkov Offline Luenkov
    Luenkov (Arkady) 8 July 2022 12: 37
    We talked and forgot...
  13. rotkiv04 Offline rotkiv04
    rotkiv04 (Victor) 8 July 2022 13: 42
    The Russian authorities are not capable of adequate responses, one can already forget about the response to the freezing of gold and foreign exchange reserves, here even they cannot give birth to anything to stop transit to the Kaliningrad region, although at the beginning there was a lot of talk about a terrible response, and as a result, as usual, fingers like a fan, snot bubbles