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Cake day: August 24th, 2023

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  • Someone awhile ago posted that this isn’t necessarily a good way to do it and it logically made some sense at the time (but that was like a year ago)

    Part of trying to end the war is to give reasons for it to end.

    One of those reasons is the removal of sanctions.

    When you’re simply using the interest, or a loan backed by assets, you can always dangle the sanctioned assets as part of a benefit of ending the war. Maybe not 100% but we’ll give you 80% back if you stop today, and 20% to rebuilding.

    By liquidating the assets so the proceeds can be given to Ukraine, you do make it harder for the aggressor to maintain the war and win, but you’ve now removed an incentive to end it.

    Before it’s the carrot and the stick. That’s usually more effective than sticks.

    Granted… how long can you do the carrot and the stick if it just outright doesn’t work.