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Posted on 2/26/22 at 10:01 am to RLDSC FAN
I guess it’s still easy for other countries to bring in ammo for Ukraine? Sounds like Russia hasn’t been able to “blockade” the country yet with its armed forces. I’m sure that takes awhile. Saw 400 RPGs are coming to Ukraine
Posted on 2/26/22 at 10:01 am to BohicaBob
netherlands asking mom if they can go outside and play
Posted on 2/26/22 at 10:01 am to upgrayedd
quote:Bro, the guy produced a fake "public radio" podcast where he interviewed himself while disguising his voice and pretending to be different people. That was 5 years ago. If the guy ever had his shite together I must have missed it.
GN has gone off the rails,
Posted on 2/26/22 at 10:01 am to NYNolaguy1
quote:
So again, if the folks on the ground living there support the current govt and see Putin as bad where did we go wrong?
Intervening in the first place. We have no business in this conflict. But our political class certainly has an interest in it. And given our historical predilection for interventionism, everyone should be concerned about this escalating to the point that we have troops there.
Posted on 2/26/22 at 10:01 am to Klark Kent
quote:
can anyone expand on the implications of kicking Russia off SWIFT? As i understand it, this would be the ultimate sanction.
It would essentially cut them off from international trade. I believe there are ways around it but they're extremely inefficient and would have very serious economic consequences. From what I understand, it would push them into crypto and a massive Chinese alliance.
Posted on 2/26/22 at 10:01 am to Draconian Sanctions
That isn’t what he’s saying at all and you know it. He’s saying that all players on the board have their own reasons for the moves they make. You don’t have to like them or agree with them but you need to understand them to understand your enemy.
I mean this is Sun Tzu 101 stuff.
I mean this is Sun Tzu 101 stuff.
Posted on 2/26/22 at 10:01 am to geauxtigers87
got it. thanks bro!
Posted on 2/26/22 at 10:02 am to upgrayedd
it also could, eventually, lead to the dollar being replaced as the world currency because it forces russia, china, iran etc to use something else
Posted on 2/26/22 at 10:02 am to Klark Kent
quote:
can anyone expand on the implications of kicking Russia off SWIFT? As i understand it, this would be the ultimate sanction.
quote:
SWIFT is a secure messaging system that facilitates rapid cross-border payments and is the principal mechanism for financing international trade.
It was created in 1973 in Belgium. More than 11,000 banks and institutions in more than 200 countries are connected to the system.
According to SWIFT system's official website, more than 40 million messages are sent every day, and trillions of dollars and transacted between governments and financial institutions in the same period.
quote:
ccording to the website, SWIFT is overseen by the G-10 central banks (Belgium, Canada, France, Germany, Italy, Japan, The Netherlands, United Kingdom, United States, Switzerland, and Sweden), as well as the European Central Bank, with its lead overseer being the National Bank of Belgium.
In 2012, this framework was reviewed and a SWIFT Oversight Forum was established, in which the G-10 central banks were joined by other central banks from major economies: Reserve Bank of Australia, People's Bank of China, Hong Kong Monetary Authority, Reserve Bank of India, Bank of Korea, Bank of Russia, Saudi Arabian Monetary Agency, Monetary Authority of Singapore, South African Reserve Bank and the Central Bank of the Republic of Turkey.
quote:
If these sanctions are implemented, it would hit Russian trade and make it harder for Russian companies to do business.
Since Russian companies will lose access to smooth transactions, the companies won't be able to receive payments for energy products like gas and oil.
Posted on 2/26/22 at 10:02 am to northshorebamaman
quote:
Bro, the guy produced a fake "public radio" podcast where he interviewed himself while disguising his voice and pretending to be different people
That's weird?
Well, then I don't know what normal is supposed to be, sir.
Posted on 2/26/22 at 10:03 am to Klark Kent
quote:
can anyone expand on the implications of kicking Russia off SWIFT? As i understand it, this would be the ultimate sanction
You remember that scene in Trading Places where the banker cuts up Dan Aykroyd's credit cards? That.
Posted on 2/26/22 at 10:03 am to tgr4ever
Balls of steel
Posted on 2/26/22 at 10:04 am to geauxtigers87
quote:
it also could, eventually, lead to the dollar being replaced as the world currency because it forces russia, china, iran etc to use something else
Exactly. The only thing holding up America at this point is the petrodollar. If we lose that, we basically end up like 90's Russia.
Posted on 2/26/22 at 10:04 am to deltaland
quote:
Balls of steel
And he doesn't want to get the Julian Assange treatment.
Zelenskyy knows too much. I wouldn't trust the US government at all if I were him.
Posted on 2/26/22 at 10:04 am to UASports23
[CNN] Biden is seriously weighing whether to remove Russia from SWIFT
quote:
US President Joe Biden is seriously weighing whether to remove Russia from SWIFT, the high security network that connect thousands of financial institutions around the world, but has yet to make a final decision, according to multiple people familiar with his thinking.
The decision to trigger the action has always been contingent on sign off by the European Union, which has been split in a contentious debate for weeks over the action, ultimately choosing not to go forward this week.
But US officials and their EU counterparts have continued to weigh options, including sanctions to remove individual banks and entities, instead of the entire Russian economy, from the network, officials say.
The move would be considered the nuclear option when it comes to responses to Russia's invasion of Ukraine. Biden and his aides have highlighted how complicated blocking Russia from SWIFT would be, noting the US cannot move unilaterally. "That’s not the position that the rest of Europe wishes to take," Biden told reporters Thursday.
But since Biden's press conference announcing new sanctions against Russia for its unprovoked attack, the administration appears to be moving closer to this position as other European allies have now given it their backing.
The administration has discussed the matter with the Federal Reserve, which would have a stake in any decision, according to an official. And US officials have been in talks with the European Union about a possible move.
One administration official said additional sanctions were likely to come if Kyiv, the besieged Ukrainian capital, fell. But it wasn’t clear if that would include SWIFT, or whether removing Russia from SWIFT might happen before.
A White House official told CNN that "as the President and administration officials have made clear, we are focused on coordinating with allies and partners to impose further costs on Putin for his war of choice" but declined to comment further.
On Saturday, Italy signaled that it would support taking measures to expel Russia from the SWIFT after Prime Minister Mario Draghi told Ukrainian President Volodymyr Zelensky that "Italy fully supports the European Union’s line on sanctions against Russia, including those regarding SWIFT, and shall continue to do so."
Draghi’s comments are particularly notable given the Italian economy’s exposure on energy, but the primary opposition to taking the action has come from Germany, officials say.
Posted on 2/26/22 at 10:04 am to upgrayedd
quote:
BREAKING: Ukrainians are taking down street signs to confuse Russian troops. The state road-signs agency changed one sign to read "go frick yourselves" on all directions.
Posted on 2/26/22 at 10:04 am to upgrayedd
quote:
The crazy part is that I believe the Germans said they would support that option which is absolutely mind blowing
It’s obvious that Germany doesn’t want to go that far. It’s a move that hurts the trading partners of Russia also, including Germany. It’s not a simple question.
Posted on 2/26/22 at 10:05 am to northshorebamaman
quote:
Bro, the guy produced a fake "public radio" podcast where he interviewed himself while disguising his voice and pretending to be different people. That was 5 years ago. If the guy ever had his shite together I must have missed it.
And has had a dozen addresses in that time. Unemployed constantly. Jailed. You name it. And the crazy part is he's the one who exposes it all. Self-ownage.
Posted on 2/26/22 at 10:05 am to UASports23
If it even starts to look like Putin is ready to go nuclear, China will actually be the first country to bodybag him in the Ural Mountains.
They haven't waited this long to emerge on the world stage to watch a senile nutjob end civilization.
They haven't waited this long to emerge on the world stage to watch a senile nutjob end civilization.
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