How European Banks Fund Russia's War Machine: Insights from Bill Browder

💥Putin's illegal invasion of Ukraine caused significant damage and loss of life.

💰European Banks earning billions in Russia and paying hundreds of millions in taxes to the Russian government is highly inappropriate.

❓Increase in aggregate taxes of banks to Russian government by 400% questioned as cover-up for collusion with dictatorship.

🔔Call for effective windfall tax on companies in Russia, with proceeds allocated to support Ukraine defense.

🌍Questioning the political will for such actions, citing lack of action in the EU as an example.

💸Various European banks involved in money laundering for Russians, but some efforts to stop it.

🏦Austria's Risen Bank deepening ties with Russians, hindering efforts to cut off financial resources.

⛽Cutting off Putin's financial resources, mainly from oil and gas, is key to stopping the war.

🛑Western banks cut off from Swift payment system, limiting access to international capital markets.

🚶Millions of able-bodied Russians have fled the country to avoid the draft, impacting the economy.

💣Russian economy sustained by oil sales used for military production and spending.