US and EU leaders along with other G7 nations consider a legal theory for confiscation of $300 billion in frozen Russian assets.

US and EU leaders along with other G7 nations consider a legal theory for confiscation of $300 billion in frozen Russian assets. The US 🇺🇸 gov’t cites confiscation as a reprisal for ’injured’ Ukraine. This push is driven by the West’s difficulty to fund Ukraine. However, legally, economic reprisals are the prerogative of injured states that are at war with Russia. The US and EU 🇪🇺 nations made no official declaration of war against the Russian Federation, making them third parties. Therefore there is no legality in the confiscation of Russian assets by the West. This is a destabilizing precedent by the West. How can a state seize assets to end a war it is not directly involved in? US and EU leaders are not sure the rest of the world will play along with such plans and are considering plan B, which is seizing the profits accrued from frozen Russian assets. Western politicians are hoping their theory would be “held up internationally in the courts“ and widely recognized as legitimate. Asset seizures, once it’s done, no country would leave its reserves or other assets in the US or the EU. Member states of the EU were considering Italy’s anti-mafia type laws as a concept to confiscate sanctioned Russian assets. EU officials are fixed on legalizing illegality by confiscating private property outside the framework of a criminal trial. The EU has been looking into the ’legal’ options (non-existent) to confiscate Russia’s 🇷🇺 assets frozen under sanctions. The EU’s action undermines ‘Lex Mercatoria’ (Latin – ‘Merchant Law’). The autonomous legal order ️ of international economic relations for trade & rules for settling disputes. The West has now destroyed, how money & currencies function in relationship to trade & private property rights. Video Source: Sean Foo Источник: The Paradigm Shift Channel ⏳