China’s Cross-Border International Payments System (CIPS), founded in 2015, is still under development and includes only 80 foreign banks. But there is no reason in principle that CIPS can’t substitute for SWIFT. And if Russia successfully shifts its trade payments out of the dollar system, the blow to American prestige and power would be enormous.
Great info, DrFerry. Thank you. Seems like Russia is going to be the strong-man standing. They have stockpiled gold; they have natural gas and oil to sell along with a host of minerals, and they are not in debt like the US who will implode from the extreme debt--just a matter of a short time. Russia has prepared and will be watching from the sidelines in a stable state as the imminent US financial collapse buries the US.
Guzla, You are so right. Putin along with Trudeau, Merkel, Macron, Tony Blair, etc. all attended Klaus Schwab's World Economic Forum's--Young Global Leaders Program.
And those Young Global Leaders graduates have been and are the presidents and prime ministers and heads of states of the western nations.
In Klaus Schwab's own words, see the very short vid below:
Most astute comment here anyone believing this war theatre is fooling themselves. The Jesuit NWO includes at least the 112 countries they admit to operating in. Any leader who opposes what the Jesuit Order has in mind for them will find out what happened to the 13 day Pope who tried to expose them.
nope, I think the global leaders are using Putin and this war to continue to destroy democracy, middle class and countries and kill people. They have to get rid of half the world population to achieve their world domination agenda, crush the dxy and get their one world govt, currency and religion. Next Putin will move south to...Israel (energy) and satan's ultimate target. Oh yea, satan is using global leaders for his agenda. This is a much bigger picture then markets and regional wars.
Yes the numbers in the news are often Biblical but those in control the Jesuit Order are sly tricksters. They mock the Bible and use it as a playbook they are playing God with their Kabbalah practice of Gematria as the Book of Formations states that God creating the world combining numbers letters and words. Look it up to verify. They are satanic and are people…evil people..psychopaths craving absolute power and control.
If EU can't pay Russia for their gas via SWIFT then why would Russia continue to provide them with gas? EU freezes to death and their economy stops. And we're going to stop paying Russia for aluminum? How about palladium or lithium? How will Ford power all those fancy new Lightning F150s? They can't meet the demand now! I thought the narrative was we want to fix the supply chain. Not make it worse! This is all so stupid. War sucks and people are dying over this bullshit.
Indeed people do die which helps the psychopaths goal of population reduction. They are not hiding their agendas but most are so caught up believing the BS they contrive for show in the news. War is also profitable but the top level controls both sides all the players are down with the NWO/Jesuit Order/ Vatican/ Catholic Church the original mafia.
few hundred deaths is hardly genocide. This MYTH of global population control is one which will not die. Zero evidence and record population growth seem unable to penetrate the minds of people who have read too many Glen Beck books.
I agree it's a smokescreen, but I still strongly believe there something much more going on than what we are currently aware of. If the market rebounded this high by monday close, I wouldn't be saying this. But the fact the market made a jump like this within 36 hrs, and the rest of the world following, makes me wonder if they are setting the global markets up to take another hit very soon...meaning something much worse than Russia-Ukraine used as the next smokescreen.
Greg, the SWIFT system is a convenience, not a necessity. Transactions can still take place, they are just more cumbersome, But it is all BS, sanctions are for the benefit of the weak minded
It's funny how people always think "That can't happen here". Hahahahaha
Canada’s Banking Freeze, Financial Freedom and Self-Custody
IMF image
Facing a civil blockade, the Canadian government has recently evoked emergency powers to freeze the bank accounts of some of the protesters.
This law, widely criticized by the crypto community, raises key questions about global citizens’ capacity to control their own belongings. It also showcases blockchain’s potential to be a remedy against losses in financial freedom.
The Canadian Banking Freeze
“The new rules make demands of a broad list of entities (...) who must determine whether they’re in possession or control of property of a person who’s attending an illegal protest,” according to Fortune. If the entity finds a person in their list, they must freeze the account and report it to police services.
Unsurprisingly, the crypto community vividly reacted. For Philippe Jette from Rivemont Crypto Fund, “the censorship of money is something we see in an authoritarian country, not one like Canada.” Shortly after the measure was announced, Brian Armstrong, CEO of Coinbase, raised his concerns “to see stuff like this happening in any country” before adding that “self-custodial wallets are important.”
The tide has quickly turned in Canada. Isabelle Jacques, an assistant deputy minister, told the House of Commons that the majority of assets would finally be unfrozen. Will this episode create new crypto converts? For CoinDesk Insights, it will, “but BTC’s price isn’t following, yet.” US looming interest rate hikes, combined with Russia’s Ukraine’s invasion, are adding market pressure that radically outweigh current opportunities.
None of it is real, I am going to guess that Russia is an Allie of the US although they are always played as our enemy. This whole Charade is to rob all of us by paying higher energy bills and gas prices. Sell some Tanks and all that goes with that. Welcome to the One World Order.
What really amazed me was how they were able to Mask the entire world in about 2 weeks.
So true! In that respect even though their methods are evil the psychopaths in control may have a point in reducing the amount of stupid/ weak minded idiots. Then maybe a real revolution can be had.
Exactly. Great post. They use numerical rituals and are occultist. Tapping into ancient knowledge vibrations etc. This seems to keep most in a trance like state just following orders without question especially since Fear is a great weapon that they use often. They plan decades at least in advance. 2022 Chinese Year of the Tiger predictive programming showed coronavirus winding down since they have succeeded controlling the minds of the sheep scared of “germs” until like Bill Gates said recently their will be another “pandemic”. For now they are into their war games a good distraction to move the sheep away from Covid /viruses temporarily.
Cutting off access to SWIFT is a double-edged sword, as it could end up demonstrating that Russia can do without SWIFT in reality.
Following European threats after the annexation of Crimea in 2014, the Bank of Russia developed its competing system, SPFS (System for Transfer of Financial Messages). By the end of 2020, it connected 23 foreign banks to Russia in Armenia, Belarus, Germany, Kazakhstan, Kyrgyzstan, and Switzerland. Agreements are being discussed to integrate the Russian network with China's Cross-Border Inter-Bank Payments System (CIPS) and to connect the Russian SPFS system to India, Iran, and the countries of the Eurasian Economic Union.
America probably does not want to lose the economic and financial leverage it has over Russia through SWIFT.
SWIFT will only be cut as a last resort. It's a nuclear weapon in the financial world, but it's more of a deterrent at this point. If you use it and it doesn't work as expected, you lose the advantage.
China’s Cross-Border International Payments System (CIPS), founded in 2015, is still under development and includes only 80 foreign banks. But there is no reason in principle that CIPS can’t substitute for SWIFT. And if Russia successfully shifts its trade payments out of the dollar system, the blow to American prestige and power would be enormous.
Bingo. What we have here is a bit of a Mexican standoff.
Great info, DrFerry. Thank you. Seems like Russia is going to be the strong-man standing. They have stockpiled gold; they have natural gas and oil to sell along with a host of minerals, and they are not in debt like the US who will implode from the extreme debt--just a matter of a short time. Russia has prepared and will be watching from the sidelines in a stable state as the imminent US financial collapse buries the US.
They won't. He is another one of Schwab's future global leaders. They are truly all in this together.
Guzla, You are so right. Putin along with Trudeau, Merkel, Macron, Tony Blair, etc. all attended Klaus Schwab's World Economic Forum's--Young Global Leaders Program.
And those Young Global Leaders graduates have been and are the presidents and prime ministers and heads of states of the western nations.
In Klaus Schwab's own words, see the very short vid below:
https://www.youtube.com/watch?v=daE0jthD5F8
Most astute comment here anyone believing this war theatre is fooling themselves. The Jesuit NWO includes at least the 112 countries they admit to operating in. Any leader who opposes what the Jesuit Order has in mind for them will find out what happened to the 13 day Pope who tried to expose them.
https://www.papalartifacts.com/september-15-1590-the-13-day-papacy-of-urban-vii-the-shortest-reigning-pope-in-history-2/
Hint he did not die from Malaria. They have their people in all areas.
nope, I think the global leaders are using Putin and this war to continue to destroy democracy, middle class and countries and kill people. They have to get rid of half the world population to achieve their world domination agenda, crush the dxy and get their one world govt, currency and religion. Next Putin will move south to...Israel (energy) and satan's ultimate target. Oh yea, satan is using global leaders for his agenda. This is a much bigger picture then markets and regional wars.
Read the Bible lately anyone.
Yes the numbers in the news are often Biblical but those in control the Jesuit Order are sly tricksters. They mock the Bible and use it as a playbook they are playing God with their Kabbalah practice of Gematria as the Book of Formations states that God creating the world combining numbers letters and words. Look it up to verify. They are satanic and are people…evil people..psychopaths craving absolute power and control.
https://youtu.be/EbC8hCmk_uI
If EU can't pay Russia for their gas via SWIFT then why would Russia continue to provide them with gas? EU freezes to death and their economy stops. And we're going to stop paying Russia for aluminum? How about palladium or lithium? How will Ford power all those fancy new Lightning F150s? They can't meet the demand now! I thought the narrative was we want to fix the supply chain. Not make it worse! This is all so stupid. War sucks and people are dying over this bullshit.
Indeed people do die which helps the psychopaths goal of population reduction. They are not hiding their agendas but most are so caught up believing the BS they contrive for show in the news. War is also profitable but the top level controls both sides all the players are down with the NWO/Jesuit Order/ Vatican/ Catholic Church the original mafia.
few hundred deaths is hardly genocide. This MYTH of global population control is one which will not die. Zero evidence and record population growth seem unable to penetrate the minds of people who have read too many Glen Beck books.
I agree it's a smokescreen, but I still strongly believe there something much more going on than what we are currently aware of. If the market rebounded this high by monday close, I wouldn't be saying this. But the fact the market made a jump like this within 36 hrs, and the rest of the world following, makes me wonder if they are setting the global markets up to take another hit very soon...meaning something much worse than Russia-Ukraine used as the next smokescreen.
Saw a map of around 14 of them to be shut down. They were shipping to other countries and then into the USA to infect.
Greg, the SWIFT system is a convenience, not a necessity. Transactions can still take place, they are just more cumbersome, But it is all BS, sanctions are for the benefit of the weak minded
Was there not a joint Russian -Chinese work around to this problem ?
There is
It's funny how people always think "That can't happen here". Hahahahaha
Canada’s Banking Freeze, Financial Freedom and Self-Custody
IMF image
Facing a civil blockade, the Canadian government has recently evoked emergency powers to freeze the bank accounts of some of the protesters.
This law, widely criticized by the crypto community, raises key questions about global citizens’ capacity to control their own belongings. It also showcases blockchain’s potential to be a remedy against losses in financial freedom.
The Canadian Banking Freeze
“The new rules make demands of a broad list of entities (...) who must determine whether they’re in possession or control of property of a person who’s attending an illegal protest,” according to Fortune. If the entity finds a person in their list, they must freeze the account and report it to police services.
Unsurprisingly, the crypto community vividly reacted. For Philippe Jette from Rivemont Crypto Fund, “the censorship of money is something we see in an authoritarian country, not one like Canada.” Shortly after the measure was announced, Brian Armstrong, CEO of Coinbase, raised his concerns “to see stuff like this happening in any country” before adding that “self-custodial wallets are important.”
The tide has quickly turned in Canada. Isabelle Jacques, an assistant deputy minister, told the House of Commons that the majority of assets would finally be unfrozen. Will this episode create new crypto converts? For CoinDesk Insights, it will, “but BTC’s price isn’t following, yet.” US looming interest rate hikes, combined with Russia’s Ukraine’s invasion, are adding market pressure that radically outweigh current opportunities.
I am ANGRY today, hahaha.
Why?
circumstances in general
Fuck the Government, I love YOU
https://www.youtube.com/watch?v=FIRph805nJE
in GOLD we trust my friend.
None of it is real, I am going to guess that Russia is an Allie of the US although they are always played as our enemy. This whole Charade is to rob all of us by paying higher energy bills and gas prices. Sell some Tanks and all that goes with that. Welcome to the One World Order.
What really amazed me was how they were able to Mask the entire world in about 2 weeks.
An Overabundance of Stupid...Weak Minded...non Thinking People Populate the Planet....!!...That's Why...!!
So true! In that respect even though their methods are evil the psychopaths in control may have a point in reducing the amount of stupid/ weak minded idiots. Then maybe a real revolution can be had.
Exactly. Great post. They use numerical rituals and are occultist. Tapping into ancient knowledge vibrations etc. This seems to keep most in a trance like state just following orders without question especially since Fear is a great weapon that they use often. They plan decades at least in advance. 2022 Chinese Year of the Tiger predictive programming showed coronavirus winding down since they have succeeded controlling the minds of the sheep scared of “germs” until like Bill Gates said recently their will be another “pandemic”. For now they are into their war games a good distraction to move the sheep away from Covid /viruses temporarily.
Cutting off access to SWIFT is a double-edged sword, as it could end up demonstrating that Russia can do without SWIFT in reality.
Following European threats after the annexation of Crimea in 2014, the Bank of Russia developed its competing system, SPFS (System for Transfer of Financial Messages). By the end of 2020, it connected 23 foreign banks to Russia in Armenia, Belarus, Germany, Kazakhstan, Kyrgyzstan, and Switzerland. Agreements are being discussed to integrate the Russian network with China's Cross-Border Inter-Bank Payments System (CIPS) and to connect the Russian SPFS system to India, Iran, and the countries of the Eurasian Economic Union.
America probably does not want to lose the economic and financial leverage it has over Russia through SWIFT.
SWIFT will only be cut as a last resort. It's a nuclear weapon in the financial world, but it's more of a deterrent at this point. If you use it and it doesn't work as expected, you lose the advantage.
I talk about it in more detail here for those who are interested: https://sylvainsaurel.substack.com/p/heres-why-russias-exclusion-from
Oh..G.M...Your Saying We are Being Lied to....???...and All is NOT what it seems....???..Shocker..!!!
Russia already has a separate from Swift system developed years ago and trading with China and Iran and other places on it. Swift is not a threat.
Cut the Russia off the SWIFT and crypto will skyrocket 😂😂
Germany don't want that apparently.
If they shut down swift I think europe will be in big trouble when Putin shut down their gas supply.
When Putin took Crimea Obama did this and it accomplished nothing. Nada zero .You are right. China is the sleeping giant on Taiwan.