Russia Seizes $50 Billion - Joe Blogs
Russia has now seized, confiscated, or taken control of assets worth more than $50 billion since the start of the war in Ukraine.
In this video, I take a deep dive into whats really happening inside the Russian economy and why this isnt just about a handful of Western companies walking away.
Weve already seen major international firms like BP, Danone, Carlsberg, Uniper and Fortum lose control of billions of dollars worth of assets.
But the story doesnt stop there.
Russian-owned businesses are now being targeted too with courts, prosecutors, and the state reclaiming companies, infrastructure, and strategic industries that were privatized after the collapse of the Soviet Union.
According to estimates from Nektorov, Saveliev & Partners, the total value of these seizures now exceeds $50 billion and continues to rise.
So whats really going on?
Is this a justified response to Western sanctions and economic pressure
Or is Russia quietly reversing decades of privatisation and moving back toward state control?
In todays video, we break it all down:
The foreign companies forced out of Russia
The growing number of domestic assets being seized
How temporary management is being used in practice
And what this means for investors, businesses, and the future of the Russian economy
This is one of the biggest economic shifts in Russia since the 1990s and it could have long-term consequences that go far beyond the war in Ukraine.