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Stealing from Russia to fund Ukraine - Yellen's $20bn loan

  • iantproud
  • Dec 16, 2024
  • 1 min read

Updated: Dec 17, 2024

I joined Judge Andrew Napolitano on his popular Judging Freedom podcast last week, among other things, to discuss the US $20bn to the World Bank as part of the G7's $50bn funding arrangement.


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In the financial arrangement that has been put in place, the US gives money to the World Bank to fund non-military projects in Ukraine. Ukraine is liable for the loan and repays that loan with funds provided to it by the EU, courtesy of the profits generated by around $270bn in frozen Russian assets in Belgium. Big question; when the war ends and Russia wants its money back, who will repay the loan?



 
 
 

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