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Tit-for-Tat Fiscal Combat: Here's How Russia Could Hit Back If West Seizes Assets - Vimarsana News

Tit-for-Tat Fiscal Combat: Here's How Russia Could Hit Back If West Seizes Assets

Some $300 billion in Russian assets were trapped abroad in 2022 after the escalation of the Ukrainian crisis into a full-on NATO-Russia proxy war. Western officials have threatened to seize these funds and transfer them to Ukraine for “reconstruction.” A pair of leading Russian economists tell Sputnik why that’s a very bad idea.