by Martin Armstrong, Armstrong Economics:
The West has funneled more money into Ukraine than the entire nation’s GDP. The nation was considered a corrupt pariah by the West who would not allow Ukraine into any bloc formed from NATO to the European Union. Now, the European Union is virtue signaling by claiming it has covered Ukraine’s budget deficit next fiscal year.
None of these nations can overcome their deficits. Of course, the funding did not come from these governments but rather from the stolen Russian funds confiscated at the beginning of the war. The next €30 billion of transferred stolen assets will allegedly pay off Ukraine’s full deficit.
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Ursula von der Leyen, President of the European Commission, praised the West for robbing Russia to pay Ukraine. “We know that 2025 is going to be a decisive year… we have to put Ukraine in a position of strength. Looking back, Europe has so far provided Ukraine with almost €130 billion. We have secured economic and financial stability until the end of 2025. That is good news. And with the Ukraine Facility and our G7 loan, we are even covering most of Ukraine’s financing gap for 2025. This is a major achievement,” she said.
The elites claim these funds amount to money that the Russian oligarchs stole from the Russian people, but that is simply not the case. The West has confiscated assets from a foreign nation during a time of peace as Ukraine is not in the NATO alliance. Now, the West is using those illegally confiscated assets to attack its adversary. This is complete and total economic warfare. China and others are taking note.
They stipulate this by saying they will only loan Ukraine money made on the profits of holding these assets. The risk will be shared among the G7 nations, and this risk is substantial, for Ukraine will no longer exist as a nation when this is over based on our computer models. Zelensky is too busy stuffing his pockets to care about his people or the future. He is banking on NATO invading Russia and extinguishing it as a country so he can then seize all the assets of Russia for Ukraine.
These nations are teetering on the edge by using these assets as collateral. Putin could confiscate ALL assets held by Western countries and private/public corporations under these new economic warfare tactics that completely violate international law. Zelensky has been demanding the full $300 billion in confiscated Russian assets as no sum will ever be enough for his bottomless pockets.
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