Falcon powers – The Kremlin spokesperson, Dmitry Peskov, affirmed that the potential seizure of Russian assets would be the “final nail” in the coffin of the Western economic system.
Peskov mentioned in an interview with the program “Moscow Kremlin Putin” published by journalist Pavel Zarubin on Telegram today, Sunday: “In the event of such a serious precedent (the decision to seize Russian assets), it would be a strong nail in the future coffin of the entire Western economic coordination system.”
The Kremlin spokesperson indicated that the credibility of the West in the eyes of investors “would vanish overnight” once they make the decision to seize the frozen Russian assets. He added, “Foreign investors, foreign countries, and anyone who holds assets in these countries will think ten times before investing their money, and credibility will disappear overnight once they make a foolish and ill-considered decision, and it will take decades or more to restore it.”
Regarding potential retaliatory measures, Peskov clarified that it is premature to discuss them.
He drew attention to the existence of foreign money in Russia, stating, “We have Western money, but this is not the right time to delve into these details.”
He concluded by saying, “Such decisions will have extremely broad legal ramifications,” emphasizing that Moscow will vigorously defend its interests in this matter.
It is worth mentioning that the European Union, the United States, Japan, and Canada have frozen Russian assets amounting to approximately $300 billion. Among these assets, there are around $5-6 billion in the United States, and most of the frozen assets are in Europe, including the international platform “Euroclear” in Belgium.
