Restricting trading with his central bank and freezing foreign reserves
Will only hurt the richest who are on a list made by some guys in the US
Russia have a population of around 150 millions...
All think there is only one rich guy, Abramovich
We have many countries here which give rich russians a EU pass. They are citizens of the EU, you cannot freeze their money.
They have millions of properties/real estate here in the EU, its legal here to pay millions with cash, no one give a fuck, there is no register for these transactions.
You can start a letterbox company within a few minutes here, no one cares. No one will ask questions where the money of your company comes from.
Its really easy to invest dirty money here.
What do you think what they all already did since 2014 ?
Will only be a few weeks/months (depends on how long the war will take)
Here are many people who have families in russia and live here.
What do you think? Some guys in the EU will forbid that they see their families?
LOL
So what ? Russia invented their own system in the last years.. , have china,... cryptocurrencies,
will only hurt short term,
The problem will be more for EU companies, how to pay for all the gas ?
Switzerland is getting in the act freezing Bank for International Settlements assets which affects his monetary reserves
Banks in switzerland may block money which is related to the government of russia and some people who are on the US made list, so what ?
Banks in switzerland dont give a fuck, they are dealing with evil people since ever and will continue forever.
Turkey to close the Bosphorus and Dardanelles Straits
Turkey have inflation of 100% already (google it),
russia is/was their only support because their president Erdogan already broke with everyone
If turkey fucks putin, lol what next... inflation of 1000% ?
They need russia more than russia needs turkey,
Nordstream2 was financed by private held companies.
Wintershall Dea already said that they sue the shit out of germany for refusing the approval.
Then you have a number of countries sending arms, including for the first time ever EU sending $500 million worth including:
Jaw-dropping. Borrell says EU military package may include "supplying fighter jets" for Ukraine's air force, EU has spoken w/ Ukrainian foreign minister "about the type of jets the Ukrainian military needs" & there are "member states...able to supply them"
If they want a third worldwar with cold winters, good luck.
Then you have private companies cutting ties, big ones, BP, Fedex, UPS, Combined, yeah they can add up fast.
BP seems to be forced by the UK gov to sell their rosneft shares... they already said that this will cost them 25 billions ..
Which will result in higher prices, ... inflation here we come !
All in all it would be better for the EU to chill and think again.
They will hurt themselves so much and their citizens will suffer hard,