So after Canada, Greenland, and Gaza we will be invading France.
Nothing can stop us!! From our hearts to yours!
Nothing can stop us!! From our hearts to yours!
Macron has to correct Bonespurs...
- Thread starter sabula
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Forgot PanamaSo after Canada, Greenland, and Gaza we will be invading France.
Nothing can stop us!! From our hearts to yours!
It’s a demonstrable fact that the EU has provided loans.
I’ve already provided links to the EU website detailing an example, and more importantly, how they’re collateralized against Russian assets.
Nonsense from idiots are any of the comments that fail to acknowledge the EU has extended Ukraine loans they expect to be repaid.
No, it isn't. It's an investment in security. Like most on the right, you fail to see the bigger picture.
And a portion of the ‘investment’ is run through banks, which have made loans on favorable terms, with repayment and interest factored in, and default risk guaranteed by foreign governments.
Because really, can you save the world without giving the banksters a cut? Perish the thought!
why is there still so much obfuscation on whether eu provided loans to ukr with expectation of repayment? i get the sense that people want something to be true regardless of facts. this thread is a great example. i still don't know what to think.
You're a ****ing idiot for blaming everyone but Putin for the invasion, just like the tool in the White House. It's ****ing despicable. I hope they do take Russia's assets for repayment, as they should for destroying another country. You idiots are all assets for Putin. Great work.
You don't have to hope.
Most recently, the EU’s parliament in October endorsed a new macro-financial assistance (MFA) in the form of a $50 billion loan to help Ukraine against Russia’s invasion, based on the returns of the total frozen assets in Europe’s banks.
The body in Brussels explained at the time that the loan was “the EU’s part of a G7 package agreed last June, to provide up to $50 billion [€48 billion] in financial support to Ukraine. The final amount that the EU will contribute could be lower, depending on the size of the loans provided by other G7 partners.”
It hasn't happened yet. They haven't taken any of it to date and if/when they do, it won't be coming from Ukraine. It will rightly be coming from the country that created this carnage to begin with, regardless of what the P.O.S. in Oval Office says.
Wrong.
EU was loaning money back in 2023 even before the recent G7 agreement (that Trump was alluding to, because it has the frozen Russian assets set as the loan collateral/funding source for the EU loans).
https://crsreports.congress.gov/product/pdf/IN/IN11897
No Russian assets seized to date. Still frozen. What is your point here Vladimir??Wrong.
EU was loaning money back in 2023 even before the recent G7 agreement (that Trump was alluding to, because it has the frozen Russian assets set as the loan collateral/funding source for the EU loans).
https://crsreports.congress.gov/product/pdf/IN/IN11897
You left out Putin's toady in Belarus and North Korea who's leader sent a beautiful letter to the Dear Leader a few years ago.
That contrary to OP and several people’s comments in this thread, the EU has loaned billions to Ukraine and there are repayment terms.
Five months ago the G7 agreed to loan more money, with the EU agreeing to lend money that would be repaid by seizing the income generated from Russian assets they have frozen.
The Europeans have about 230 billion dollars in Russian assets to use for this purpose, but the U.S. only has about 5 billion.
Assume a 5% return, the EU has ~11.5 billion in annual frozen asset income to repay loans to Ukraine with, whereas the U.S. would have about 250 million.
That’s why Trump is trying to create some other mechanism by which repayment is assured and not put on the U.S. taxpayer.
The banks are going to get paid back for these loans. Question is whether the obligation is placed on US taxpayer, or Ukrainian mineral royalties.
So again, the money to the EU will not be coming from Ukraine. It will be coming (hopefully) from Russian seized assets which again, hasn't happened yet although many in the E.U. are now pushing for it.
I have no problem with negotiating some mineral rights royalty arrangement with Ukraine for future assistance. It would help defray the cost, but more importantly it would establish a meaningful economic incentive for the U.S. to provide Ukrainian security alongside other NATO members. At the same time this isn't a pure business deal negotiation. There is a morally right and a morally reprehensible side in this conflict. Russia is the aggressor in search of border expansion at the expense of it's neighbor who is fighting for its literal existence. The negotiation of any deal must be fair and not open ended to the point where it impinges on Ukrainian sovereignty. That's simply exploiting them. Use the agreement to pay back what is owed going forward over as many years as is necessary and then it ends.
Oh, and when do we send a bill to Israel? They must owe us about a trillion.
Earlier EU loans have them on the hook, the frozen asset income is a recent development. Trump’s trying to create a similar vehicle to backstop the U.S. loans.
Wrong.
They started taking the income last summer:
https://enlargement.ec.europa.eu/ne...available-support-ukraine-today-2024-07-26_en
Today, the EU makes available in support of Ukraine the first payment of €1.5 billion generated from immobilised Russian assets. These extraordinary revenues generated by EU operators and held by central securities depositories (CSDs) from immobilised Russian sovereign assets were made available by Euroclear to the Commission as a first instalment on 23 July [2024].
The most recent development is taking out the big loans and paying for them with this income stream.
I think this is what you’re going to see. I think I mentioned it earlier in this thread. Mineral royalties going to a fund that then earns to repay the loans, at the end of the repayment Ukraine retains the fund and its assets. Everyone is made whole, and Ukraine and somebody get extraction profits.
I’m all for it. We have worse debt than they do.
Ukraine and US have agreed on a framework economic deal, Ukrainian officials say
Three senior Ukrainian officials say that Ukraine and the U.S. have reached an agreement on a framework for a broad economic deal that would include the exploitation of rare earth minerals.
apnews.com
