Russia is seizing foreign currency reserves (effectively, by forcing conversion to the ruble) held by average Russian citizens. These sanctions are going to be a bad time for them. There are no military options so what else can you do? Still, we shouldn't forget that sanctions are a form of collective punishment that disproportionately affect average citizens. My faint glimmer of hope here is that the West finally ta…
Recently, Italy seized real estate and other properties of Russian oligarchs and their lackeys, worth ~$150M.