Devastating sanctions

Now use the phone or fax!
Biden is a joke. This isn't gonna deter ANYTHING!!!

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Russia & China have already built their own version of SWIFT. Kicking Russia off SWIFT will only hasten the collapse of the dollar as the world reserve currency.

Banks dont care about swift.

THIS IS THE POINT OF THIS ENTIRE EXERCISE user!

putin will do what Gaddafi wasn't allowed to do before getting assassinated

Idiot

Swift is like a foot warmer, practical but not necessary. Its very convenient and it might save some insurance fees, but that is about the jist

True, China already well ahead of the kikes

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phone and fax can't process 20million transactions a day

I make software for banks, 95% of income is from contracts with local government, corporations and normies.

Check the general ledger if you even know what that is, you bleeding cuck canadian.

Why would Russia be doing millions of transactions in an economy where their energy sector which is the vast majority of it is completely untouched by sanctions? These sanctions only target the banks already under sanctions. It's those little details.

If your sister can do it, everyone can.

nigga do you know what the throughput of SWIFT is?
hope they enjoy making hundreds of thousands of phone calls a day to keep their economy running lmao

Hire more people to make the necessary phone calls
Ending swift increases employment

>Romanian
>Has job
Nice try

Was this Putins goal all along

so this sanction does literally nothing, amirite?
yet again, a nothingburger from biden, which is awesome, go russia

Yes

He and Xi have been conspiring to do this for years

Yes your savior Judin will help you

>conspiring
So it's a conspiracy theory turned true?

if Swift ban is so useless why are american and german bankers kvetching so hard?

Because they're jews they always kvetch

If you could call Xi and Putin's geopolitical aspirations to destroy the dollar a conspiracy theory

Right so it's not just a conspiracy theory anymore. Alex Jones was right about that.

Just seems odd that the only people saying it won't work are the bankers with huge financial interests in Russia.

Blocking Russia from SWIFT gives any russian debtor an easy excuse to cancel their debts, they're not part of the system anymore that would allow them to pay anything back and no one in his right mind would go out of his way to pay back a loan. Bankers now have to cut their losses "for the greater good".

So... They just gave Russia a jubilee?

I mean the issue with saying things like that is there's a huge connotation around words and terms like conspiracy, conspiracy theory, etc

Xi and Putin acting on a conspiracy to destroy the dollar is obvious and expected. Theorizing that those are their goals is a conspiracy theory. But so is something like saying the moon landing was fake Kubrick directed it and it was all done in a hollywood basement. Hence, people's perceptions of something like "conspiracy" or "conspiracy theory" becoming conflated with whacko shit like that, or the earth being flat.

This would also ruin Russian debtors' ability to get loans from the West, since they would become untrustworthy.