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Four EU countries block Russia's disconnection from SWIFT
112.international ^ | February 24, 2022

Posted on 02/24/2022 7:03:34 PM PST by elpadre

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1 posted on 02/24/2022 7:03:34 PM PST by elpadre
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To: elpadre

“This would seriously impact Russian businesses with foreign customers and could do real damage to the country’s economy,”

Isn’t that the idea?


2 posted on 02/24/2022 7:06:43 PM PST by BenLurkin ((The above is not a statement of fact. It is either opinion, or satire. Or both.))
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To: BenLurkin

The Russians would turn off the gas flow to Germany if the flow of money to pay for the gas is shut off.


3 posted on 02/24/2022 7:09:52 PM PST by Brian Griffin
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To: elpadre

but the joe Brandon says he doesn’t need to stop swift...


4 posted on 02/24/2022 7:09:59 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: BenLurkin

Not for Deep States.


5 posted on 02/24/2022 7:10:45 PM PST by mewzilla (God bless Canada's and America's Freedom Truckers!)
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To: Brian Griffin

Yep.


6 posted on 02/24/2022 7:11:04 PM PST by RushIsMyTeddyBear (Miss you Rush!)
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To: elpadre

The Europeans know they’ll be forced to buy Russian oil with gold and platinum if they disconnect Russia from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system.


7 posted on 02/24/2022 7:11:08 PM PST by T.B. Yoits
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To: elpadre

Kindda hard to pay your gas bill when your supplier attacks your neighbor and you cut banking ties... so you better keep those ties together.
Man this is the worst war ever.


8 posted on 02/24/2022 7:11:14 PM PST by Pocketdoor
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To: elpadre

Gas gets shut off to Europe if they try this stunt, since Russia could rightfully claim that there is no way they’ll get paid for their gas.

Germany at least understands this, along with Hungary.


9 posted on 02/24/2022 7:11:27 PM PST by BobL (I eat at McDonald's and shop at Walmart, I just don't tell anyone.)
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To: elpadre

A fact that’s routinely ignored is that both Germany and Italy have sizable populations of “ex”-Commies who had an affinity for the old Soviet Union. Not everyone in the old East German DDR hated the Russkies. Some of ‘em liked the USSR. Some of them worked for the USSR. Likewise, throughout the ‘60s & ‘70s & ‘80s the Italian Communist Party was a font of Soviet propaganda and influence. Not all of those loyalties and connections are defunct.

Another element of all this is that business is business. The Euros talk up their unwavering love and support for Ukraine, but it’s mostly b.s. Business is business, and the Russkies are rolling in petro-cash, and money buys influence.


10 posted on 02/24/2022 7:14:07 PM PST by irishjuggler
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To: elpadre

Leningrad was under Nazi siege for a year and a half and held out.

If the West pushes too hard Western brands will get replaced.


11 posted on 02/24/2022 7:14:27 PM PST by Brian Griffin
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To: elpadre

the EUSSR doesn’t allow a real sanction. putin wins again.


12 posted on 02/24/2022 7:17:05 PM PST by dadfly
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To: irishjuggler

The one thing that communist American D-bags hate more than American it is hating on Russia. They will never forgive Putin for not bringing back the old Soviet Union.


13 posted on 02/24/2022 7:17:35 PM PST by WMarshal ("No war for communism")
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To: Brian Griffin

The Russians would turn off the oil flow to the USA if the flow of money to pay for the oil is shut off.


14 posted on 02/24/2022 7:18:51 PM PST by TexasGator (UF)
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To: BenLurkin

Translation: We won’t be able to buy the Russian gas that we are now dependent on.


15 posted on 02/24/2022 7:19:33 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: elpadre

In 2020 Russian transactions amounted to about 2% of all SWIFT messages.

This is not as big of a deal at people make it out to be. The oligarchs have had months to move their money. At best..this is shutting to doors while the horse is down the street and around the corner.


16 posted on 02/24/2022 7:21:30 PM PST by Vermont Lt
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To: elpadre

Nobody including President Retard can buy petro from Russia with the means to pay them πŸ€ͺ

Libtards always thinking ahead πŸ™„


17 posted on 02/24/2022 7:22:43 PM PST by NWFree (Somebody has to say it)
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To: NWFree

Without the means to pay the man - vlad


18 posted on 02/24/2022 7:23:34 PM PST by NWFree (Somebody has to say it)
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To: elpadre

It’s interesting..Bitcoin shot up a bunch right after the sanctions were announced. That bypasses SWIFT.

And unless you are sending them to Canada you are good to go. Lol.


19 posted on 02/24/2022 7:23:57 PM PST by Vermont Lt
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To: elpadre

China would like to have fossil fuels after invading Taiwan.

Only Russia can guarantee these fuels in such a situation.

Russia will naturally expect Chinese financial transaction assistance to be provided if needed.

If the Chinese are cut off from SWIFT say goodbye to Amazon and Walmart jobs too.


20 posted on 02/24/2022 7:24:50 PM PST by Brian Griffin
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