NEW: "Pretty damn aggressive" sanctions package in works by US & Europe should Russia invade Ukraine, sources say. 1 option "very much on the table": disconnecting Russia from SWIFT intl payment system & denying Russian energy producers from debt markets. https://t.co/HGwd5H6Upt
— Natasha Bertrand (@NatashaBertrand) December 6, 2021
Zero Hedge: Biden Mulls Cutting Russia Off SWIFT Ahead Of Putin Call In "Nuclear Option" Ukraine Response
CNN and others are reporting just a day ahead of the much anticipated video call between Russian President Vladimir Putin and US President Joe Biden that the White House is mulling "nuclear option" level actions against Moscow should it launch a military offensive against Ukraine - which US intelligence has lately said could be imminent based on assessing that some 175,000 troops have been mustered in the Crimea and regions near Ukraine's eastern border.
This includes discussion of the possibility of disconnecting Russia from the SWIFT international payment system, seen as the most drastic potential measure which further includes fresh sanctions on Putin's inner circle and on Russian energy producers.
Read more ....
WNU Editor: Cutting Russia from the SWIFT international payment system will be viewed by the Kremlin as tantament to declaring war. Expect tensions to reach levels that were last seen at the height of the Cold War.
12 comments:
It would probably also mean a very quick end to SWIFT as well as the US dollar's role as world reserve currency as other nations simply continue their business with Russia. Surely Biden and his team are bluffing. Surely they're not that stupid. Then again they may be!!
Based on the deterioration of the dollar's purchasing power over time, why is it still considered a currency worth using and owning?
The silver lining of denying Russia SWIFT is you are no longer commenting.
🤯
Fear of conflict shouldn’t force the USA to be weak. Sanctions are slow and don’t deter Russia.
Send Ukraine lethal military aid immediately with plenty of US trainers. Long range strike, secure command and control and surveillance.
Of course Europe that depends upon Russian gas, Germany, is fukked, tell them to send trainers too.
"deterioration of the dollar's purchasing power over time"
That is true of all currency. So what is your point?
Someone more knowledgeable sketched the a currency picture. They went back to how much gold it took to buy a good suit. It is the about same amount now as it was around 1900. The same cannot be said of the dollar amount. The same is probably true of other major currencies.
Banksters (central banks) and politicians like to play with money. Make sure you have standard.
8:02,
Do ya think a piece of Georgia pulpwood, no matter the ink pattern on it, is worth all that typically comes with conflict?
The article below the one you and I are discussing says it all; "Russia and India....despite the threat of U.S. Sanctions". No financial worry from Russia and India, it appears. And the same goes for a few other countries lately. Some are allies.
I know it will happen no matter what I think. The world leaders are evil and insane and of course they won't be fighting the wars. I do not get it. most of Europe, the Aussies and Israel have all shown they are not democracies but Tyrant states. This country should not have anymore to do with protecting them. Ukraine and Russia are corrupt but at least they haven't issued vaccine passports or other nonsense like that. Nothing is worth my life or treasure to the east of us across the great pond. But we will send our female and trans troops into harms way. at least the smart principled non vaxxers in the service will be out and not put in harms way. we will need their pure blood in the gene pool.
Biden and Company have a weak hand. They know about trade, want to grow trade and want a huge piece. Problem is they are not the smartest kids in the room and they necessarily decrease trade. If America were an economic powerhouse and trade was good, a few words to India would suffice.
But Democrats are at war with America until they can take it over and completely install their crony capitalism (and misallocate resources).
Besides Democrats do not give a shit about India.
Oh, well... Maybe Russia should not invade Ukraine then, if they wanna stay in SWIFT..? Just a sobering thought.
I understand USA is forming a trans battalion which they will send to the front line for hazardous duty to prove the worth of trans troops.
naught boy spotted at quarter 'til 9
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