This was not only talked about but there are now draft laws in the EU about exactly that
Article 1c 1. It shall be prohibited for Union central securities depositories to provide any services as defined in the Annex of Regulation (EU) No 909/2014 of the European Parliament and of the Council\* for transferable securities issued after 12 April 2022 to any Russian national or natural person residing in Russia or any legal person, entity or body established in Russia. 2. Paragraph 1 shall not apply to natural persons who are nationals of a Member State or having a temporary or permanent residence permit in a Member State
Article 1d 1. It shall be prohibited to sell euro denominated transferable securities issued after 12 April 2022 or units in collective investment undertakings providing exposure to such securities, to any Russian national or natural person residing in Russia or any legal person, entity or body established in Russia. 2. Paragraph 1 shall not apply to nationals of a Member State or natural persons having a temporary or permanent residence permit in a Member State
I'm trying to figure out how this reply was intended and failing, it seems like it is based on something other than what I meant to say though, so I'm just going to re-iterate my point in case it wasn't clear.
I wasn't suggesting that anyone was considering seizing assets of ordinary Russians. I was suggesting that Russia might choose to seize the assets of non-russians, and that this move might be to keep that option open. This suggestion was based off of reporting that they are considering doing exactly that
I'm having trouble finding a well known and neutral outlet reporting on it, so [1] is the american propaganda outlet version, and [2] is the Russian propaganda outlet saying the same thing (which I would usually avoid linking to since they lie left right and center, but it does make the point that Russia really is threatening this).
Are you sure? I see many reporting their personal balances frozen by foreign institutions, and outright refused to return.
All sanctions mostly hurt regular people.
I'm sure the sudden drop in the FX rate will hurt those living paycheck to paycheck the most, instead of the rich who don't even hold any currency, just valuable assets.
Seizure of central bank foreign reserves on this scale (600 BILLION), I believe, is entirely unprecedented?
All it's going to do it hurt the poor. Oligarchs are going to be A-OK.