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Congress passes bill that could unlock billions in frozen Russian assets for Ukraine
(www.nbcnews.com)
this post was submitted on 21 Apr 2024
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Nobody with a functioning brain is going to keep any significant money in the western financial system going forward.
This still leaves a surprising number of people
and they fall squarely into this category
Which is fine as they will also lose access to western capital markets
Oh no losing access to economies that are going into a deep recession, how horrible. Meanwhile, western capital will quickly find its way to places like China where there is actual economic growth happening. Which in fact is already happening https://english.news.cn/20240411/07321170aa0944d4a588a4de0d8beac2/c.html