Posted on 02/25/2022 9:52:27 AM PST by Meet the New Boss
German Finance Minister Christian Lindner said on Friday that we must step up sanctions against Russia and that we are open to cutting Russia out of the SWIFT international payments system.
Just because we have been thinking about the consequences of cutting Russia out of SWIFT doesn't mean we are against it, Lindner added.
Open to it.
In other words after alternative methods have been established so a symbolic gesture can be made that does nothing.
If Draghi gets reassurances from the Krauts that the ECB will buffer losses (which is probably also what the Germans will demand), he’ll go along.
How about questioning why Joe Biden removed the sanctions? How about we check how much he was paid off by Putin for starters?
Beware of unintended consequences. If Russia and China partner up to replace the USD as the world reserve currency we are totally f***ed. There are many more layers to this than most people, including our stupid “leaders” realize. We’ll have a depression that will make 1929 look like a picnic.
LOL, is someone going to inform senile Biden German
Belarus too.
Belarus is willingly participating in the invasion through its territory.
If Biden start blocking entire countries from the banking system then the position of the American dollar as the world’s reserve currency is over.
If you think the bank run that asset seizures in Canada caused were significant then watch the world start trading in other currencies while dropping the dollar.
Oh, that’s funny, Biden just peed his pants again.
Italian Foreign Minister announces support for Russia’s SWIFT expulsion!
https://twitter.com/IntelCrab/status/1497268693432078338?cxt=HHwWhMCo1bP8rscpAAAA
“Und den ve shall trow cabbages at dem.”
China will stay with SWIFT. Only Russia/Belarus killed out.
Russia is becoming the ENEMY of all mankind.
Exactly. Until this is done the sanctions remain non serious
I imagine the de-dollarization of the oil bourse will accelerate as far as russia and china are concerned. Iran had already dropped the dollar AFAIK.
Russia is even uniting Dems and Reps in the US.
Both parties are rushing to see which will appear tougher on Pukin.
Sanctions.
Putin’s biggest asset is Brandon and the Brandon Junta. Sanction that.
We should be talking about sinking the Russian Navy yet here we are agonizing over flipping a switch on a computer.
None of our leaders are "serious people" as the Russians say.
I believe Cyprus is also opposed.
Russian energy is excluded from the sanctions.
We will continue importing 700,000 barrels of Russian oil per day.
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