Swift

[agstar77]

EU recommends taking Russia out of Swift.

[agstar77]

All that will do is hasten the demise of the USD as reserve currency. Russia has an alternative system ready to go. Using the monetary system as a tool of warfare has consequences.

Alternative will take years. By that time Russian economy will be done. More to come. Russian aeroflot being banned.

[WiltonRanch]

You hear Putin has amassed a trillion dollar nest egg for this war. I’ve also heard he wants to be the next tsar. Where’s Catherine’s horse?

[furrowtickler]

Alternative will take years. By that time Russian economy will be done. More to come. Russian aeroflot being banned.

Should Canada cut all oil from Russia or not ?
That’s his Fukin income ....

[agstar77]

Should Canada cut all oil from Russia or not ?
That’s his Fukin income ....

Probably happen as no money transfer will be possible. YES.

[fjlip]

YOUR TURDO hasn't...his money would stop!

[jazz]

Gezus did Putin play the system. They might freeze him out of swift but Russias offshore assets are being used for liquidity for the money markets including the ECB. Russia has been propping the insolvent ECB.

They will crash the economy if they make a move against him. Fed is already abandoning rate hikes and going to use swap lines to pump more liquidity into the system.

[TOM4CWB]

Gezus did Putin play the system. They might freeze him out of swift but Russias offshore assets are being used for liquidity for the money markets including the ECB. Russia has been propping the insolvent ECB.

They will crash the economy if they make a move against him. Fed is already abandoning rate hikes and going to use swap lines to pump more liquidity into the system.

[ATTACH]10269[/ATTACH]

Russian commercial banks are now out of Euro|US$… has been a huge run on currency as Russians try to convert Rubbles to ‘any other currency’.

Now with the SWIFT cut off of foreign supplies of currency… (Russian Banks now cut off) civil unrest is a great possibility .

China apparently will exchange Rubble for Yaun for Russian Banks…

A Scheme of driving towards the new Axis of Evil???

[TOM4CWB]

Russian commercial banks are now out of Euro|US$… has been a huge run on currency as Russians try to convert Rubbles to ‘any other currency’.

Now with the SWIFT cut off of foreign supplies of currency… (Russian Banks now cut off) civil unrest is a great possibility .

China apparently will exchange Rubble for Yaun for Russian Banks…

A Scheme of driving towards the new Axis of Evil???

Space-x Musk has turned on internet service for Ukraine. God bless Musk..

[shtferbrains]

Russian commercial banks are now out of Euro|US$… has been a huge run on currency as Russians try to convert Rubbles to ‘any other currency’.

Now with the SWIFT cut off of foreign supplies of currency… (Russian Banks now cut off) civil unrest is a great possibility .

China apparently will exchange Rubble for Yaun for Russian Banks…

A Scheme of driving towards the new Axis of Evil???

Ruble to Yuan to $US

Have to watch yuan values