where else can the rich park their money?

the us used to be the answer; but things have changed and i wonder if they’ll just park it in europe anyways.

it’s heart warming to see that the reality to this narrative still has defenders and it makes me wonder what people will believe when reality wins out.

china doesn’t have the cultural hegemony needed to pull this off.

this is going to turn into another vietnam or afghanistan.

it’ll run for decades while the american public forget that it’s happening (like everything else) and there’ll be a few sensational stories when the us leaves w it’s collective tail tucked between its legs.

While Russian courts have little power to force the handover of Euroclear’s euro or dollar assets held in Belgium, they do have the power to take retaliatory action against Euroclear balances held in Russian financial institutions.

However, in 2024 the European Commission introduced a legal mechanism to compensate Euroclear for losses incurred in Russia due to its compliance with Western sanctions — effectively neutralizing the economic effects of Russia’s retaliation.

it looks like euroclear following through on their promise of legal action is the only thing that will carry any weight.

insert meme of “they’re the same picture” here

Euroclear warned that without clear legal ownership structures and enforceable rights, investor confidence could be undermined, potentially disrupting broader European capital flows.

both euroclear and russia have promised to bring up legal action ensuring that this economic nightmare comes to pass and this combined w their recent capitulations to trump goes to show how much the eu will cut off its nose to spite its face to the detriment of its future.

which of the stories are you referring to?

throw a big rock and wait for the yelp to find out.

just use multilines. lol

what are you using as a file manager?

for the freedom! lol

it’s a tangent on this post and it’s me wondering why UN officials from delegations like the americans block humanitarian resolutions while turning around an insisting on humanitarian goals.

it would make sense if they’re two-faced politicians, but they’re lifelong diplomats.

china has already proven that it won’t step in to save venezuela and the tanker they seize this tanker because it’s part of the black fleet that has been keeping russia’s economy going despite the sanctions.

i wonder what drives people to join the UN only to enable asshattery like this and i think it’s too simplistic to just label them as ideological zealots; but what else could it be?

that missing part you’re thinking of is probably jesus.

it’s not. lol

it reads like he was prodded to say something

INCONCEIVABLE!!!