Seize the oligarchs wealth...

Take the overseas assets of the oligarchs, impose travel restrictions on them,

This seems like a simple solution that hasn't been done yet. Are the super-elite wealthy in Europe and US preventing governments from taking these actions?

@wildgrass said
Take the overseas assets of the oligarchs, impose travel restrictions on them,

This seems like a simple solution that hasn't been done yet. Are the super-elite wealthy in Europe and US preventing governments from taking these actions?

@wildgrass said
Take the overseas assets of the oligarchs, impose travel restrictions on them,

This seems like a simple solution that hasn't been done yet. Are the super-elite wealthy in Europe and US preventing governments from taking these actions?

@contenchess said
OK...

Then he takes other people's wealth...🙄

Many wealthy people have assets all over the world.
So if the USA takes his off shore assets then he would take all of their assets that he has access too.

You would only be making rich business men very mad.

@suzianne said
....And?

@contenchess said
...and it does nothing.

Russia is not North Korea.

Russia does business with a lot of countries.
China is their ally.
They don't need anything from the USA.

(I seriously doubt the world powers would even consider wildgrass' idea)

@jimm619 said
They've already done it........
...........hello?

Sanctions have never stopped Russia and its laughable when people talk about Sanctions now.

I saw a reporter questioning someone and when the topic of Sanctions came up they both rolled their eyes because they know Sanctions do nothing to Russia.

@contenchess said
It won't do anything.

Too many countries do business with them and will continue to do so.

They are also big enough to survive without imports and last but not least they can get everything from China if need be.

@jimm619 said
They need hard currency....dollar, franc, Euro, etc
I believe you are correct in one sense, sanctions will take time,
the world (and the voters) will become impatient.

They have also just signed a grain deal with America’s biggest creditor, China

@medullah said
They are getting their hard currency through energy deals with Germany

@jimm619

I don't think you understand how many American dollars China has.

Also, everyone accepts gold and silver as payment if they don't like the currency you have.

@contenchess said
@jimm619

I don't think you understand how many American dollars China has.

Also, everyone accepts gold and silver as payment if they don't like the currency you have.

@jimm619

I'm not talking about the Yuan.

China probably has more American dollars than any country in the world.

And...if your country has a currency that nobody wants then you use gold and silver.
Why do you think the big banks keep gold and silver for each country?

It's how countries pay each other.