re: REPO act. Steal Russia's money.

What terms to our agreements were made with Russia? And what legal/contractual things were broke by the US? Don’t invade other countries, and we’ll keep McDonalds in Moscow?

quote:

---

Don’t invade other countries, and we’ll keep McDonalds in Moscow

---

Was not invading other countries included in the contracts? If not, then it's off-limits. My point is that let's say a foreign government or private entity buys a shitload of U.S. T-Bills. If we let our politicians make up excuses not to pay them back and keep their money, then that undermines the whole system. We're fortunate to control the world's global reserve currency. While there's already a push by some countries to try to replace it, that push will become a global shove if the hubris of our politicians allows us to continue with the weaponization of the dollar.

quote:

---

I wouldn’t call it an excuse though. It’s a reaction to the disastrous actions of another party.

---

The issue is that nobody will want to invest in the U.S. if our government can arbitrarily decide that you're "bad" and just keep your money. The bar could keep being lowered to things short of war. "We don't think you're doing enough to fight climate change, so we're freezing your assets." "We don't think that you're doing enough to protect LGBTQs, so we're confiscating your funds." This has the potential to be disastrous if we (and the dollar) are no longer viewed as a safe haven for capital because our politicians can change the rules mid-stream.

In other words, I’ve won our little debate, and you don’t know what else to say except to make fun of me, because you have low intelligence.

Seems to be the latest thing. Steal money from others to fund the Congressional war on people.

The sad thing is that Putin chose this bloody path instead of peace and prosperity.