(quote) Let's start off today with one important thing that's been in need of clearing up. A lot of Western press still mindlessly parrots the trope about Russia's so-called 'frozen funds' and how 'devastating' this is supposed to be for Russia's economy. At this point, they're grasping at straws because they have very little ammunition left in the barrel for pushing the false narrative that Russia has been gravely affected by the 'war.'
In a previous article, I've already covered that the notorious '300b' of frozen Russian funds was a desperate canard, and in fact Dmitry Medvedev himself glibly revealed that Russia has equally seized 300b of Western assets as well. We won't get into the exact details, as you can read them here in this report, though I'll repost the quote once again:
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Medvedev also pointed out that there is about over $300 billion worth of foreign assets frozen in Russia, calling it a "happy coincidence" and adding that it would be enough to recompense Russia for what might be "stolen" from it.
However, at the time of that writing, perhaps some readers were understandably dubious - after all, we've been so inured by MSM to take their anti-Russian reportage at face-value and always doubt the extent and potency of Russia's own repartees.
But now, a recent rash of corroborating reports has hit the wires that confirm the validity of Medvedev's statement. Bloomberg published (and quickly retracted, most likely due to internal blowback) a piece grudgingly bemoaning that they in fact can't find these so-called 'seized Russian funds.'
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EU has no clue about whereabouts of 86% of frozen Russian central bank assets - Bloomberg
Of $258 billion that were seized, not more than $36.4 billion has been located, the report said.