Nobel laureate calls seizure of Russian assets “disaster”

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Nobel Prize winner in Economics and Yale University professor Robert Shiller called the possible seizure of Russian assets a “disaster.” He stated this in an interview with an Italian newspaper. Republic.

Shiller doubted that seizing Russian assets was “the right way to go.”

“In addition to the fact that this will be confirmation for the Russian leader (Russian President Vladimir Putin – socialbites.ca) that what is happening in Ukraine is a “proxy war”, this situation may paradoxically turn against America and the West.” aforementioned.

The Nobel laureate wondered what signal would be sent to dozens of states, such as the Russian Federation, that had converted their own savings into dollars “in the name of security” and “entrusted them to the safe hands of Uncle Sam (the personification of Uncle Sam).” USA image – socialbites.ca “)”. According to him, if the United States “can do this today” with the Russian Federation, tomorrow “it can do this with anyone.”

“This will destroy the security halo surrounding the dollar and will be the first step towards eliminating the dollar, which Russia, as well as many others, from China to developing countries, are increasingly leaning towards,” Shiller said.

December 22, Russian Deputy Foreign Minister Sergei Ryabkov statedThe seizure of Russian assets and further escalation of military tensions could lead to a rupture in relations between Russia and the United States.

On December 20, EU countries have already frozen Private assets of Russian and Belarusian oligarchs and companies amount to approximately 28 billion euros. They will be used in the direction of Ukraine.

Previously, the Financial Times wrote that representatives of the G7 countries said: started Negotiations on the seizure of frozen Russian assets following the start of a special military operation.

Previously USA offered Options for transferring frozen Russian assets to Kiev.

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