It has been said that all wars are “bankers wars,” however, against the modern era of inverted fascism where corporations tell the govt what policies take priority, the more accurate truism ‘is all wars being controlled by money’, not necessarily banks.
The European Commission has constructed a very special kind of proactive financing for Ukraine that doesn’t require them to give their own €uros to the historically corrupt country. Partly because the EU doesn’t have their own money, and partly because everything the EU does in the sphere of finance is always a false construct, what the EU put together was a financial system based on sanctioned, confiscated (ie stolen) Russian sovereign wealth funds {citation}.
As part of the sanction regime, the EU and western NATO alliance seized roughly €250 billion, $300 billion USD, in Russian sovereign wealth assets. As long as the USA was financing the Ukraine government and war effort, those funds sat on the sidelines undiscussed. However, once the USA stopped writing checks to Ukraine an alternate finance system was needed.
What the EU (Ursula von der Leyen) put together was a finance package using the confiscated $300 billion in the Russian sovereign wealth fund as collateral for loans to Ukraine. The EU would send the money to Ukraine as a loan that did not have a payback mechanism. Instead, the thinking goes that when the negotiations for a ceasefire take place, Russia would be forced to give up the confiscated $300 billion as part of a reparations package to Ukraine.
Ukraine doesn’t have to pay back the loans because Russia will be forced to give up their sovereign wealth fund, and those funds will repay the loans. That’s the way the EU financing of Ukraine is set up. {SOURCE} The EU isn’t giving Ukraine EU money; the EU is giving Ukraine the Russian wealth fund money.
Now, immediately you can see a few problems.
