Why the EU is Panicking

Hal Turner explains why the EU was holding its failed summit yesterday, at which Ursula van der Leyen failed to convince the member states to declare war on Russia by stealing its frozen funds. The problem is that the EU is going to have to return those funds soon, and they’re already being used to prop up loans that will now have to be written off as complete losses, which is going to cause a lot of financial pain to someone:

The United States has notified the European Union that it wants frozen Russian sovereign assets incorporated into a negotiated settlement of the Ukraine war.

That position immediately exposes a major problem for Brussels.

Europe has already functionally collateralized Russian central bank assets — not through formal seizure, but by pledging windfall profits and future proceeds from those assets to support long-term financing and loan structures for Ukraine.

This has been publicly acknowledged in EU and G7 policy frameworks over the past year.

That financing model was built on a core assumption: Either the war would continue indefinitely, or Russia would be decisively defeated.

A negotiated peace breaks that assumption.

Once the United States asserts that frozen Russian assets must be treated as part of a settlement framework, rather than permanent war financing, several consequences follow. The EU’s legal justification weakens, the collateral underpinning those loans becomes unstable, and the long-standing claim that the asset freeze is “temporary” becomes difficult to sustain.

This is not merely a diplomatic disagreement. It is a forced accounting event — one with potential implications for Euroclear, EU financial institutions, and member-state balance sheets.

This context helps explain recent developments in Brussels. Over the past days and weeks, EU leadership has moved rapidly to bypass vetoes, expand emergency authorities, and escalate rhetoric — including renewed NATO statements about preparing for wider conflict.

The underlying strategy appears straightforward: Treat frozen Russian assets as a de facto war chest.

In practice, that step had already been taken through collateralization, even if formal seizure was avoided.

President Trump is now explicitly challenging that structure.

By calling this out, he undermines the financial logic that sustained the war.

All of the bluster and posturing will not disguise the fact that NATO has already lost its war with Russia. The Russians now know that there is no ceasefire or negotiated peace agreement that can be trusted, which is why I expect them to make demands that none of the Western parties want to accept, even though they should.

Frankly, I’m surprised that the Russians are even willing to talk to anyone, given the way they have been relentlessly lied to by everyone, including formerly neutral parties. If I were Putin, I would simply smile politely and grind on until I had exactly what I wanted, then impose a peace agreement with steel teeth.

UPDATE: EU Commission President Ursula von der Leyen, announced that Europe had decided they could provide another $90 Billion in assistance to Ukraine, that Europe “will raise from Capital Markets.” So the Europeans are going into hock for Ukraine, to the tune of about $90 Billion.

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The EU Threatens DC

Why does anyone believe these unelected Satanic would-be world rulers are on anyone’s side, or even remotely in line with American national interests. And they desperately need to be feeling the back side of the President’s pimp hand.

The EU’s pro-war, globalist, anti-American leaders are doing everything in their power—including weighing what’s being called a “nuclear option” of deliberately shaking the foundations of the U.S. economy—to block a peace settlement in Ukraine, even as President Trump advances direct negotiations aimed at finally ending the nearly four-year-long inter-Slavic war.

According to reports, the globalist bloc in Europe is threatening to sell-off $2.34 trillion in US Treasury holdings if Trump withdraws support for Ukraine—an action that some analysts claim could  trigger a downturn more severe than the 2008 crash.

Rather than welcoming diplomacy, EU officials are allegedly weighing economic retaliation if Trump dares to end the war on his own terms. Sources say some governments have floated the idea of dumping portions of their massive holdings of U.S. debt as a form of pressure.

Such a move would be a dramatic escalation—essentially an attempt to destabilize the American economy to keep the Ukraine conflict alive. Analysts note this financial “nuclear option” could send shockwaves through global markets and severely devalue the dollar.

European technocrats appear willing to risk worldwide turmoil to preserve their geopolitical ambitions. Their threat reflects how far the EU has drifted from serving its citizens and how committed it remains to endless confrontation with Russia.

First of all, the economic crisis is going to take place regardless. Second, if I were President Trump, I would inform them that any such action would be perceived as an act of war and that they would no longer have to worry about a Russian invasion of Western Europe because the US troops already there would be seizing the central banks of the EU and every member state that supported the Commission’s action, as well as arresting all of the leaders responsible for it.

Better yet, paraphrase President Chappell:

EU, you have a problem with that? You know what you should do? You should sanction me. Sanction me with your army. Oh, wait a minute, you don’t have an army! I guess that means you need to shut the fuck up. That’s what I would do if I didn’t have no army. I would SHHH… the fuck up. Shut the fuck UP!

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A Little Late for That

The top British military officer is under the misapprehension that anyone in Britain is going to fight for the British government given the way the last few British governments have been actively seeking to destroy the English nation:

British families must be prepared to send their sons and daughters to war against Russia, the head of the military has warned.

In a stark message, Chief of the Defence Staff Air Chief Marshal Sir Richard Knighton said ‘more people’ needed to be ready to take up arms to protect the country.

He explained that although the chances of a direct Russian attack on UK soil remain remote, that ‘does not mean the chances are zero’. Sir Richard called for schools to encourage children to take up jobs in the arms industry and said more British families will ‘know what sacrifice for our nation means’.

Well, they won’t be. If there is one lesson, it is this: if your government tries to force you to make the choice, go to war with your government, not the Russian Army.

Your chances of survival are much, much better.

Besides that, we’ve seen that the British military hasn’t been able to stop an unarmed invasion of ten million. They obviously couldn’t stop a nationwide rebellion of British nationalists either.

8,200+ comments. The following are among the top-rated:

  • What is he smoking, if he thinks we going to fight wars for the rich, i’d sooner turn my weapons on them before taking up arms against our russian brothers and sisters.
  • Fight for governments that care little for its citizens instead pander to accommodating non British people and of course politicians grabbing all the wealth they can so no definitely not.
  • No F way are you taking my sons
  • No thanks – I wouldn’t vote for Labour let alone fight for their version of Britain. It’s not worth fighting for now.
  • Fight for a country that won’t even let you raise the flag, no thanks .

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The Time is Now

A comical “warning” of war from the current NATO head:

NATO chief Mark Rutte has warned that war with Russia ‘is at our door’ as he urged European allies to prepare for action now or risk facing a conflict on the scale ‘our grandparents and great-grandparents endured’.

Speaking in Berlin on Thursday, Rutte said too many NATO members remained ‘quietly complacent’ about the threat posed by Moscow and insisted Europe must urgently ramp up defence spending and weapons production to deter Vladimir Putin.

‘We are Russia’s next target,’ he said. I fear that too many are quietly complacent. Too many don’t feel the urgency. And too many believe that time is on our side. It is not. The time for action is now.’

The only reason “the time for action is now” is because in five years, the USA isn’t going to be a member of NATO. NATO may or may not still exist as a rudimentary parody of a transnational military force, but regardless, time is not on the side of either NATO or the EU because in five years, both China and Russia are going to be stronger in both economic and military terms, the USA will be trying to survive its self-inflicted demographic shocks and maintaining its preeminence in the Western hemisphere, and the European militaries won’t even be able to control their own populations.

So NATO can lose now or lose later. It makes zero difference. The smartest thing these Clown World puppets could do is surrender preemptively to Russia and stop constantly poking both the Bear and the Dragon. Doing so is in the interest of them and the European nations alike. But they won’t be permitted to do so, which is why we’re going to have to endure this charade for another few years.

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Clown World is Buying Time

But for what, exactly? Or is this just the pointless floundering of those desperate to stave off the inevitable until the last possible moment, like an NFL coach calling timeout with less than a minute less when his team is down by 21 points?

It’s no surprise that Simplicius concludes what most of us also thought: the latest so-called “peace plan” is just more Trump administration pettifogging.

We can conclude that the initial read from the very beginning—that this entire ‘peace plan’ charade is nothing more than empty blather—was in fact correct. The Russian side views the various schemes as little else than extremely preliminary starting points for the serious discussions to take place long after.

Putin did again mention in his new presentation that Russia was open to stopping hostilities if Ukrainian forces left Donetsk and Lugansk; I’ve already described before the game-theoretic value of Putin’s gambit on this count, as Russia has virtually nothing to lose to offer this.

Apart from all this back and forth, the war continues as before—nothing has changed. In fact, my operative theory now is that the MSM makes a big deal of this empty spectacle for one purpose only: to use it as a smokescreen to cover the rapid advances and victories of the Russian Armed Forces. By clogging the news cycle with this vapid ‘settlement’ business that is clear to everyone will go no where, mainstream corporate press outlets get to bury the real lede of Russia’s mounting triumphs and the AFU’s consequent collapse.

At this point, the only directive from the corporate cabal that controls both the global MSM outlets and the fascist EU apparatus is: buy more time at all costs.

The absolute lack of concern for the lives of the Ukrainian soldiery on the part of the Kiev regime would be shocking, if the reason for it wasn’t so obvious. Never accept foreign rulers, because they really, truly, don’t give even a fragment of a damn about the people, much less the national interest.

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Clown World is Agreement-Incapable

The 28-point peace plan announced last week is obviously dead on arrival. Clown World’s European puppets are already engaging in their characteristic surreal legalism as they explain how they’re going to put European troops from 20 countries into Odessa the day after the Russians sign the agreement, and that will be fine because they won’t be NATO troops even though all the countries contributing the troops are NATO members. This very clever approach was courtesy of President Macron of France.

The second component, the second line, is what we call the reinsurance forces. This means that, far from the front line, but in fallback sites, in Kiev, in Odessa, to give an example, things are planned, they have a confidentiality component, we set up reinsurance forces. Meaning that there are British, French, Turkish soldiers, who, on the day when peace is signed, i.e. not in a context of war, are there to carry out training and provide security, just as we do in certain countries on NATO’s eastern flank.

This will be a different case, because it’s not NATO, it’s an intergovernmental coalition, but we have around twenty countries that have already said what they are prepared to do actively, either in the air, on land, or at sea.

I didn’t think the peace plan was viable because it didn’t give the Russians the one thing they want that they don’t already control, which is Odessa. If you’re winning a war in the operational, strategic, and economic contexts, there is no reason to take any deal that doesn’t give you what you’re going to be able to take eventually.

And now that its clear that the Europeans will play word games about NATO in order to establish their speed bumps intended to trigger US military intervention, there is no point in signing Minsk 3.0 and guarantee the war continues in 2-3 years in a potentially less advantageous environment.

Although, to be honest, I don’t see any sign that the European militaries will be any stronger in the future than they are today; by then at least one of the major governments, or quite possibly both the French and German regimes, will have been replaced by a pro-Russian nationalist one.

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A Proposed Peace Plan

The USA and Russia are discussing the possibility of imposing a peace on Kiev and the European Union:

A US-proposed peace plan to resolve the Ukraine conflict, reportedly developed with Moscow, requires concessions from Kiev and would amount to it giving up its sovereignty, sources have told Axios and the Financial Times. Russia has neither confirmed nor denied the proposal.

The 28-point draft framework agreement was reportedly delivered to Kiev this week by US President Donald Trump’s special envoy Steve Witkoff, according to people familiar with the matter, cited by various outlets. The sources said Witkoff has made clear that he wanted Vladimir Zelensky, who is meeting a senior US military team on Thursday, to accept the terms.

According to the Axios and the FT, the proposed plan would require Ukraine to relinquish the parts of the new Russian regions in Donbass still occupied by Kiev, cut the size of its armed forces by half and abandon key categories of weaponry. A rollback of US military assistance is also included in the framework.

On the plus side, the perspective on the Donbass appears to be realistic and the bellicose little yappy dogs are being kept out of the discussion. On the downside, I don’t see any reference to Odessa, and I am skeptical that Russia will settle for any surrender that doesn’t provide the Russians with control of that port city. Considering how things are proceeding, I don’t think I would settle for any less if I were commanding the Russian forces, given that another year of military action will probably suffice to give them control of it.

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Kiev Surrender in 2026

Larry Johnson observes that the fat lady appears to be singing in Ukraine:

The fat lady is singing from a balcony overlooking a city that is ablaze. Zaporhyzhia, Dneipropetrovsk, Donetsk, Kherson, Kharkiv, Sumy… The Russian ground forces are attacking in all of these locations, which represents about 1,000 miles of territory stretching from Sumy in the north to Zaporhyzhia in the south. Russia is inflicting an average of 1,335 casualties a day on the Ukrainian forces, which translates into 456,695 losses in 2025 as of November 17. That is almost 40,000 per month. Add to that an estimated 20,000 to 40,000 desertions each month… That means Ukraine must recruit a minimum of 60,000 new conscripts each month just to maintain its current troop strength. That ain’t happening.

The recruitment figures cited by the Atlantic Council and the Institute for the Study of War, which represent partisan pro-Ukrainian sites, reinforce the dire state of the Ukrainian forces. When your very best friends are telling you that you are 50% short, you know things are grim.

Meanwhile, back in Kiev, Zelensky ain’t home. He’s scampering about Europe pleading for more money, but the Europeans are focused intently on the brewing corruption scandals haunting the Z-man. There is not a lot of enthusiasm for sending billions of dollars more to Ukraine as key officials in Zelensky’s government seek sanctuary in Israel.

And not just Israel either. There are reports that at least one high-ranking official has already applied for asylum in the USA.

The sooner this war ends, the better. The senseless slaughter of Ukrainian men is as pointless as the bellicose rantings of the EU politicians trying to preserve their collapsing “liberal democracies” that are by threatening to force their peoples to go to war with Russia against their collective wills.

I think the primary sticking point will be Odessa. Russia wants it, but doesn’t currently hold it. So it’s Kiev’s one significant bargaining chip, but I don’t think the war will end until Kiev’s masters are willing to cash it in for some concessions on Russia’s part.

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The Banned Interview

The Italian media spiked this interview with Russian Foreign Minister Sergei Lavrov for some reason:

Corriere della Sera: Units of the Russian Armed Forces are currently controlling less territory than in 2022, several weeks into what you call a special military operation. If you are truly prevailing why can’t you deliver a decisive strike? Could you also explain why you are not publicising official losses?

Sergey Lavrov: The special military operation is not a war for territories but an operation to save lives of millions of people who have lived on those territories for centuries and whom the Kiev junta seeks to eradicate – legally, by prohibiting their history, language and culture, and physically, by using Western weapons. Another important goal of the special military operation is to ensure Russia’s security and to undermine the plans of NATO and the EU to create a hostile puppet state at our western borders that, by law and in reality, relies on Nazi ideology. It is not the first time we have stopped fascist and Nazi aggressors. That happened during World War II and it will happen again.

Unlike Westerners who have wiped out entire neighbourhoods, we are sparing people – both civilians and military personnel. Our armed forces are acting extremely responsibly and delivering high-precision strikes exclusively at military targets and associated transport and energy infrastructure.

It is not customary to publicise battlefield losses. I can only say that this year, Russia has transferred over 9,000 bodies of Ukrainian personnel in repatriation. We have received 143 bodies of our fighters from Ukraine. You can come to your own conclusions.

This isn’t, and has never been, a conventional war about territory and the industrial slaughter of civilians. Even if the Russians hadn’t been consistently telling everyone that for nearly four years, it’s entirely obvious from their conduct of the Special Military Operation.

If the Russians ever decide to go to actual war with NATO or the EU, the difference will be very, very clear to everyone.

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The Clock Ticks in Kiev

It’s increasingly clear that the Kiev regime’s Western backers are about to pull the plug on Zelensky:

The corruption scandal currently enveloping Ukraine is being described in stark – and even dire – terms by Kiev’s most ardent Western media backers. Although hardly the first instance of corruption coming to light under Zelensky’s rule, many commentators see this week’s events as the gravest threat the Ukrainian leader has faced thus far. Here’s a sampling of what’s being said.

Owen Matthews penned a widely read piece for The Spectator titled ‘The scandal that could bring down Volodymyr Zelensky’ in which he described the investigation as possibly having “momentous consequences for Zelensky’s political future.”

“A full-scale war seems to be about to break between independent anti-corruption agencies and Zelensky’s inner circle, and the consequences are likely to be ugly,” Matthews warns, while describing in vivid terms the power struggle between Ukraine’s National Security Service (SBU), which is loyal to Zelensky and “wields considerable domestic power through its control of the judicial system and prisons” and the country’s Western-backed anti-corruption agencies.

None of this is news. The corruption of the Kiev regime was well known prior to the launch of the Special Military Operation in 2022. What has changed is that the mouthpieces of Clown World have been instructed to start covering it, or in some cases, finally been given permission to pay attention to the obvious.

And that indicates that regime change is coming, sooner rather than later. Whether the new puppet will be permitted to surrender to the inevitable is the only real question that matters.

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