Because? What is his rationale?
“Because? What is his rationale?”
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I haven’t heard him go into detail on it, but I haven’t heard all minutes. I assume it’s because an alternative to Swift will have to be used, that is based on some other currency.
Blocking Putin out of all financial systems would seem to boost US importance, if not our currency,..... but I know nothing about international finance.
politicket: Because? What is his rationale?
Because, when you exclude a country like Russia, with the GDP of the Great State of TEXAS, from the international payment transactions system, that cripples the World economy!
/mordant sarcasm
Regards,