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How Seizing Russian Assets Will Change the Invasion of Ukraine - William Spaniel
Recently, the United States made the first steps toward seizing $300 billion in Russian assets. Since the start of the invasion, that money has been frozen in Western accounts. But soon it may be possible that the United States, the European Union, and others will outright confiscate it. This video examines the complicated politics that go into the decision. It is not all upside for the West, but it also is not an inherently flawed strategy.
0:00 The West's $300 Billion Question
1:58 The Russian Assets the West Controls
5:57 What's in the U.S. Seizure Bill?
7:36 Russia's Tit-for-Tat Response
9:17 Will Seizure Destroy Trust in the System?
11:57 The Hidden Benefits of Seizure
14:58 The One-Time Cost Problem
21:23 Biden Learns about the Wagner Rebellion