Hacker News Reader

Comment by igor_akhmetov | Hacker News Reader

The EU considers breaking the rules and confiscating state and private assets normal to apply some political pressure on the opponent. They should expect US to do the same, because why not, especially under Trump. Given this, it's stupid to hold state's gold reserves in the US.

View on HN

"apply some political pressure on the opponent" being applied to Russia for a military invasion of a neighboring country is very different than applying to the US, one of Germany's biggest allies and trading partners. I recognize that is changing, and I don't blame Germany at all for questioning whether it's a good idea to continue to hold their gold in the US, but the comparison to the EU seizing Russian assets after Russia launched a full scale invasion of a European country, is pretty specious.

Except the US and EU weren’t opponents in the way that RU and EU are.

But now they are becoming opponents. What's your point?

O…K… I will expand on that, but you seem to be looking for a fight, so I’m not sure I’m going to enjoy this thread. Here we are:

It is surprising to me in a bad way that someone thinks the relationship between the US and the EU (who have traditionally been allies) has become so adversarial that someone would compare it to the relationship between Russia and the EU.

The comment was: the EU should expect the US to hammer them the same way they hammered Russia.

And my point was, that would be a significant course change because for the US & EU to be like Russia & EU would be a significant change.

That was my point. I hope that is clear now.

Reply on news.ycombinator.com