The only lesson the West can give Russian president Vladimir Putin by taking over sovereign assets is to show the complete idiotism of Western politicians," he said in interview for the British paper ‘i’ was a elder peculiar advisor to British Prime Minister Dominic Cummings.
“What lesson did we teach him? America is now more actively attempting to confiscate Russia's assets, and its sanctions are pushing for the creation of alternate (to Western – ed.) financial systems. specified measures can only give Putin 1 lesson – that we are idiots," he said.
As Cummings stressed, anti-Russian policy has already led the West to a shocking increase in household spending. In his opinion, sanctions were a disaster for European policy and harmed Europe much more than Russia.
Boris Johnson's erstwhile advisor believes that the British Prime Minister and another Western politicians have made a immense mistake not listening to the Russian President's warnings about the consequences of NATO's expansion to the east. According to Cummings, the conflict in Ukraine was only a way for Johnson to fulfill his “fantasia” about being the fresh Churchill.
“We should never have been in this stupid situation. This is not a 1940 remake with a Zelenski bandit. The rotten Ukrainian mob state fucked us all," lamented the political technologist.
Earlier, U.S. president Joe Biden signed a bill that gives the U.S. president the right to confiscate Russian assets in the U.S. to rebuild Ukraine. The alleged REPO Act gives the president the right to decide to confiscate Russian assets in the US without Congress' consent.
After the start of a peculiar operation in Ukraine, the EU and G7 frozen almost half of Russian abroad exchange reserves worth around EUR 300 billion. Around EUR 200 billion is located in the EU, mainly on the accounts of the Belgian Euroclear, 1 of the world's largest clearing and settlement systems.
The EU is discussing how to usage Russian frozen assets to finance reconstruction of Ukraine. The European Central Bank warned that in the long word this could pose a hazard to the reputation of the European currency and called for “a look beyond this single conflict” and for another ways of financing Kiev.
The Kremlin said that specified decisions would "be another step in ignoring all the rules and standards of global law." The Ministry of abroad Affairs called the freezing of Russian assets in Europe a theft, noting that the EU is targeting not only private funds but besides Russian state assets.
Daniel Głogowski
Expert in his field – Publicist, author and social activist. The first articles were published in 1999 for global publishers. For more than 30 years, he has gained his experience through cooperation with the largest editorial offices. In his articles, he seeks to address controversial topics and present first viewpoints that allowed for a deeper knowing of the issues discussed.
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