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"We are all born ignorant, but one must work very hard to remain stupid!" -- Benjamin Franklin
On hearing the word ‘revisionism,’ suspicion lurks in the mind of some, and alarms sound in the mind of others. Suspicion is the elder sister of twins, credulity and incredulity. And of all kinds of credulity, the most obstinate and wonderful is that of zealots; of men who resign the use of their eyes and ears, and resolve to believe nothing that does not favor those whom they profess to follow.
Hence the law of truth, which most would accept in principle, is broken without penalty, without censure, and in compliance with inveterate prejudice and prevailing passions. Men are willing to credit what they wish, and encourage rather those who gratify them with pleasure, than those who provide them with fidelity, (or at least try to.)
Still, revisionism implies nothing else but an effort to seek historical truth and to discredit myths that are a barrier to peace and general goodwill among nations. There is nothing upon which more writers, in all ages, have laid out their abilities, than revisionism. And it affords no pleasing reflection to discover that a subject so controversial is anything but exhausted.
Ok folks, you can add another $300,000,000,000 to the growing pile of missing money, according to this article shared by (and with our gratitude to) E.E.:
The EU can’t find most of Russia’s $300bn of frozen reserves
Now this story, as you can see, dates from Feb 23 of this year, and here it is, already May, and as I've read this story, for the life of me I cannot recall reading, or seeing, or hearing, anything about it until now, on any of the lamestream propatainment media of the West. Nadda. Nichts. Nothing.
But wait, there's more, and its almost comical in its breathtaking implications:
Following Moscow's military operation in Ukraine, Western countries imposed sanctions against the (Central Bank of Russia). These sanctions include freezing $300bn of Russia's gold and foreign currency reserves held in Europe and the US, as well as prohibiting all transactions related to the management of the regulator's reserves and assets, and transactions with any legal entity, organisation, or body acting on behalf or at the direction of the (Central Bank of Russia).
However, according to recent reports, the EU legal enforcement authorities have only been able to identify €33.8bn of the €250bn held in Europe, which has been frozen. The remaining funds have not been found and presumably remain under Russian control.
Russia's international reserves dropped by 1.2%, or $6.9bn, in a week to $582.1bn as of February 17, 2023, according to a statement released by the Central Bank of Russia (CBR) on February 27, due to negative revaluation and transactions under the new budget rule. (chart)
That number includes the $300bn of reserves seized by the West in the first week of the Russo-Ukraine war; however, it appears that the Kremlin might have access to a lot of that money after all. The EU legal authorities have admitted they can’t find most of it, reports Delfi.
As of February 10, international reserves were valued at $589bn, comprising foreign currency, Special Drawing Rights (SDRs), a reserve position in the International Monetary Fund and monetary gold. These reserves represent highly liquid foreign assets available to the CBR and the Russian government.
How do I know?
The usual Ukie propo pushers are all talking about a “Russian Provocation“ there tonight. So much so that is the top trending on Twitter at the moment.
Could explain why the Senate handed out secure Sat Phones this week…
And would be the excuse to start US Airstrikes against Russia.
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