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In 2022, the US decided to not just sanction Russia for the invasion of Ukraine, but to seize Russian assets and reserves.
In 2022, the US decided to not just sanction Russia for the invasion of Ukraine, but to seize Russian assets and reserves. This was a major inflection point. The neutrality of US Treasuries, or at least the image of neutrality, was severely damaged. pic.twitter.com/A22bDGC8Hn — Geiger Capital (@Geiger_Capital) September 7, 2025