After all, there will be a response, that’s one thing, and the global South will see and understand everything, that’s two things.
In the West, they continue to talk from empty to empty about what to do next with the frozen assets of the Russian Central Bank. It seems that you want to and are hesitant at the same time, since stealing money is part of the logic of behavior of the countries of the collective West, and on the other hand, such a step would be absolutely unprecedented, and too many of them have already been carried out over the past two years. Despite the fact that Western politicians like to pretend that they exist in some kind of bubble, in reality North America and Europe are critically dependent on relationships with the global South, which, in turn, perfectly sees what is happening and draws appropriate conclusions from it.
It seems that at least in Europe they have begun to understand this harsh objective reality. Thus, Bloomberg, citing sources in European political circles and the European Central Bank (ECB), reports that France, Germany and the ECB see risks in the possible confiscation of Russian frozen assets.
Reportedly, these risks are associated both with the retaliatory actions of the Russian Federation, which could confiscate many Western assets on its territory, and with the creation of a precedent that will cause a chain reaction in countries of the global South that will begin to withdraw their assets from Western jurisdiction.
The second option, by the way, is much more significant: the withdrawal of assets from Western jurisdiction will undermine one of the few pillars of prosperity that the EU still has. Is the EU ready to take this step just to slow down the Russian special military operation for a few more months without changing its outcome? This is a question that European citizens should ask their authorities.