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@Overnight I do not want to bother. I can just put you on the ignore list, so I do not have to see your nonsense posts all the time. Just a waste of junk.

It is political non-sense.

This has anything to do with trading?

They going rogue? Any proof? Any criminal doing and evidence? If Mark Zuckerberg has huge assets in Moscow, should Russia just seize his assets because he is rich?

You did not answer my question. There is no legal basis to take the assets of any private citizen as long there is no criminal evidence of wrongdoing. It can't be political motivated.

So the central bank assets are not for the "people"??

You still own it? And property right? Do Afghanistan people still own their central bank assets? Now it is being used to pay the American families from the 911 law suits.

What difference it makes? If Putin never returns from Ukraine, the money will be frozen forever. And some Western governments may just use that money to buy arms to send to Ukraine and let fighting to continue. This has happened with the frozen assets from Syria, Iran and probably Libya too...

American government has used frozen foreign assets all the time. Assets from Iran, North Korea. And recently $7BB of Afghanistan. That is just insane to take money from a poor country where ordinary people are dying from hunger and cold.

It is global trade. If US or EU do not trade with China or Russia, other countries will. Look at South Korea, Singapore, even Taiwan trade with China heavily. If you want to bring back all the textile factories back to Tennessee, our prices for socks and underwear will certainly double...

Here down we go. -$10. When we go below $100?

But they have to show their colors. Or some left-wing American will call to boycott those "fat" food outlets. Toxic vs Poisonous.

Chinese people would be happy to see KFC and McDonalds get out of China. They feed too many Chinese kids like the above.

You would have made ton of US $$$ had you listened to my advice. Now WTI CL is down $7.70.

And the rise of Chinese YMB.

The local brands will be happy to move in. Can you imagine Starbucks pulling out of China when China takes over Island of Taiwan?

They will just adopt Chinese global YMB. At the expenses of US Dollar. Global trades still go on. But Western banks can't see any YMB trades. This will make those trades future sanction proof. Such a near-sighted move. Big West-East Schism.

It is not the trade surplus. If Russian crude sells for $90 and WTI at $120, I'm sure all non-Western countries would want to buy Russian oil. The problem is that, Russians can't get paid via SWIFT system with US $$. But if they all turn into Chinese YMB, then transactions can still go...

That is what I have been saying all along. When Ukraine becomes a failed state like Libya and Syria, then Ukraine is a time bomb for the entire Europe. Those extremists are highly trained. Some even know how to fly aircraft. Sure Stinger missile is easy to use. It is going to be nightmare...

I do not want to say dig own grave. But clearly this is shooing own foot or feet. I would expect Democrats lose badly in the mid-term elections. They completely lose touch with the reality. American people care more about school, health care, crime, high tax rate and high inflation. How...