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2022-02-27 Caucasus/Russia/Central Asia
Ukraine conflict: What is Swift and why is banning Russia so significant?
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Posted by Skidmark 2022-02-27 10:20|| || Front Page|| [11129 views ]  Top

#1 "But there are doubts about the lasting impact on Russia's economy. Russian banks might route payments via countries that have not imposed sanctions, such as China, which has its own payments system." This has been spoken of several years ago. This will hurt countries needing energy. Russia has alternative means.
Posted by Dale 2022-02-27 11:39||   2022-02-27 11:39|| Front Page Top

#2 India explores ways for a rupee payment mechanism with Russia
Posted by Skidmark 2022-02-27 11:45||   2022-02-27 11:45|| Front Page Top

#3 Nice job guys
Cheering on the heroes of Kiev will end with the dollar being replaced by crypto and half a dozen other currencies
China's already standing by and ready to replace SWIFT
Wow talk about unintended consequences


Posted by Throluque Big Foot3617 2022-02-27 12:18||   2022-02-27 12:18|| Front Page Top

#4 Biden thinks he's punishing Pooter
He's punishing YOU. He's going to kill the dollar's dominance
Get your crypto now dudes - plus yen
Posted by Whaiter Tojo7015 2022-02-27 12:26||   2022-02-27 12:26|| Front Page Top

#5 Say, how is your Ruble doing? Soon it will be less than 100:1 vs the dollar. Won't be long until Putin, assuming he survives this, will chop another 3 zeroes from the Ruble.
Posted by Angaiper Ulavins1210 2022-02-27 12:27||   2022-02-27 12:27|| Front Page Top

#6 So now you're going to kill ordinary Russian people? How are they your enemy?
China and Japan will step in now and replace America for most of world's trade finance
So you're going to wipe out American banks and American savers too
You really are a sick bastard
Posted by Ebbaising Lumumba1208 2022-02-27 12:32||   2022-02-27 12:32|| Front Page Top

#7 Do ordinary people invade their next door neighbor? Who is killing who, you vodka drunk dumbass?
Posted by Angaiper Ulavins1210 2022-02-27 12:34||   2022-02-27 12:34|| Front Page Top

#8 Ordinary Russians didn't invade anyone
All the Russian people ever wanted was to be left alone by NATO instead of having a nuclear-armed superpower enemy on their doorstep
Same thing you wanted in 1962 - no hostile power with nuclear missiles on your border.
So you think it would be fine if Chinese tanks missiles bombers were placed 300 miles from your capital?

Ordinary people get crushed while sick assholes play out their sick fantasies of domination

Go to Kiev, Rambo
Posted by Albert Sproing1652 2022-02-27 12:50||   2022-02-27 12:50|| Front Page Top

#9 How stupid are Russians? Ukraine wasn't getting into NATO. They couldn't even get into the European Union. Your very stupid invasion has changed all that. By next year, Ukraine will have both and nuclear weapons, which the Ukrainians will build for themselves.

BTW, Rambo is already in Kiev and Kharkiv and Odessa and your army is running out of fuel.
Posted by Angaiper Ulavins1210 2022-02-27 13:00||   2022-02-27 13:00|| Front Page Top

#10 Ordinary Russians reelected Vladimir Putin — however rough edged, Russia is now a democracy. So ordinary Russians own what he does in their name, including invading the Ukraine and his threat today to use Russian nukes.

If ordinary Russians don’t like the outcome of their actions, let them throw the bum out.
Posted by trailing wife 2022-02-27 13:06||   2022-02-27 13:06|| Front Page Top

#11 Maybe they will, but not tomorrow or anytime soon - meanwhile, punishing the ordinary Russians only makes them hate America and look for other allies. Now the Chinese people are very pro-Russian. Even if the Russians turn against Putin, they will never ever trust America.

Biden is just shooting himself and you in the foot - he's telling the world it cannot trust America and needs a new order that makes America one power among many
Posted by Thomose Bluetooth8163 2022-02-27 13:15||   2022-02-27 13:15|| Front Page Top

#12 Like a baby, you throw a temper tantrum when the adults say you can't invade your neighbor. We don't want Russia around sniffing Ukraine's, Poland's or Lithuania's or American panties. Just go away, to your Chinese protector, if you want. But be warned, Chinese dowries are very expensive and involve land.
Posted by Angaiper Ulavins1210 2022-02-27 14:04||   2022-02-27 14:04|| Front Page Top

#13 Ordinary people with common sense don't care about your sick fantasies, keyboard warrior.

No one can trust the US anymore. The reason everyone agreed to let the US dominate the world was because it brought peace, stability and prosperity.

Now the American-led world order is in ruins. American credibility is for shit. The US let Ukraine hang out to dry.

Ukraine's grannies have more courage than millions of western Twitter warriors. Ukraine's little president has more courage in his little finger than all the chicken hawks in Washington.

Trash Russians all you want, but you're only hurting yourselves now.

Now the Chinese people are solidly behind Russia
Congratulations.

https://www.nytimes.com/2022/02/27/business/china-russia-ukraine-invasion.html
Posted by Dino Omatle1458 2022-02-27 14:17||   2022-02-27 14:17|| Front Page Top

#14 Look in a mirror dumbass. People are buying dollars because they know it safe, strong and convertible. People come the America by the millions. Too many to even chase away.
Can we lose the name calling please ?
Nobody wants Russian currency. Nobody wants Russian citizenship or government. No wants Russians, period.

P.S. If the Russian government is paying you for this, they are paying too much.
Posted by Angaiper Ulavins1210 2022-02-27 14:25||   2022-02-27 14:25|| Front Page Top

#15 Call them Karens
https://supermacro.substack.com/p/putin-thinks-we-are-a-bunch-of-karens?utm_source=url
Posted by Angeling Jones3772 2022-02-27 14:49||   2022-02-27 14:49|| Front Page Top

#16 Dude, they want yen and crypto and whatever centralized digital currency the Chinese decide on

Now we're going to have hyperinflation
Oil at $150 a barrel, gold silver palladium, platinum will skyrocket
Shipping costs will skyrocket
Stuff will get made locally
Semiconductor chips will be made locally in Russia and China and India and any nation with lots of engineers
Everyone will ditch American technology companies

America's failure means the world's political and economic order will go back 100 years in time

Well done lads
Posted by Crusonter Munster5543 2022-02-27 14:54||   2022-02-27 14:54|| Front Page Top

#17  No one can trust the US anymore. The reason everyone agreed to let the US dominate the world was because it brought peace, stability and prosperity.

To let the U.S. dominate? Do you claim that the nations of the world were incompetent to manage their own affairs without Papa America threatening to spank them if they misbehave? Are we therefore to conclude that with a weak Joe Biden in the White House, Russia is demonstrating that same incompetence? The same Russia that turned off the gas in winter when they were playing dominance games with Georgia a few years ago, and now holds the same threat over Germany? Why would anyone trust Russia?

As for China, they despise all round-eyes equally, no matter what sweet nothings they currently whisper in Russia’s ear. Remember that it is the Chinese who have been quietly colonizing Siberia, and locking in small Asian and African countries with loans they cannot afford to repay, exactly like the rapacious capitalists you were warned about as a child. So nobody should trust China.

Sadly, however crazy America is getting domestically at the moment, in part because the Bidens, et al have taken huge payoffs from Russia and the Ukraine as well as China, the world continues to offer no better alternative.
Posted by trailing wife 2022-02-27 15:08||   2022-02-27 15:08|| Front Page Top

#18 ^ "Was it over when Germany bombed Pearl Harbor??"

/Shhhh - he's on a roll
Posted by Frank G 2022-02-27 15:22||   2022-02-27 15:22|| Front Page Top

#19 De-dollarisation is coming
It was slow before, but now the Financial Times says it's accelerating to a "race to a post-dollar world"
https://thenyledger.com/markets/china-russia-and-the-race-to-a-post-dollar-world/

A post-dollar world.
Nice job lads
Posted by Andy Clinter9599 2022-02-27 15:28||   2022-02-27 15:28|| Front Page Top

#20 /\ Can we arrange an Atlanta area meet? I'm offering $ .20 cents on your dollar. No large bills please.
Posted by Besoeker 2022-02-27 15:32||   2022-02-27 15:32|| Front Page Top

#21 Only if you got
Cu
Ru Rh Pd Ag
Re Os Ir Pt Au

¥ are good too
Posted by Cromong Chomock7847 2022-02-27 15:38||   2022-02-27 15:38|| Front Page Top

#22  Only if you got
Cu
Ru Rh Pd Ag
Re Os Ir Pt Au

I could raid Mr. Wife’s travel stash left over from when he had worldwide responsibilities, including R&D and factories in Moscow, St. Petersburg, Nova Moscow, and Vladivostok. The yen went to trailing daughter #2 when she was doing her senior year internship in Tokyo, so can’t help there.

As Mr. Wife points out, Putin is being stupid because he wants to reestablish the USSR. Unfortunately, an empire established/reestablished by force results in a subject populace that alternates between revolts that have to be put down with force and destruction, and a sullen quiet when they refuse to become productive. Either way, you end up with a country that looks little different from Syria as it is now. Instead, President Putin should concentrate on making Russia so attractive that the former borderlands are willing to jump through hoops to rejoin, as they have been doing as they try to join America’s NATO.
Posted by trailing wife 2022-02-27 16:00||   2022-02-27 16:00|| Front Page Top

#23 /\ As Mr. Wife points out, Putin is being stupid because he wants to reestablish the USSR.

Mr. Wife is a wise fellow. If not monitored closely, nostalgia can become a mental illness.
Posted by Besoeker 2022-02-27 16:08||   2022-02-27 16:08|| Front Page Top

#24 "OOh, look, if Biden tries X, it'll hurt the US..."

Blah blah blah.

If it hadn't been for Biden and company spending 30 years kneecapping American industry in general and the energy industry in particular, Putin wouldn't be able to do this stuff to begin with.

Three weeks ago Putin was talking about the need to limit bitcoin and then pretended to change his mind. I suspect they do that shit because they want to buy the dips.

Posted by Thing From Snowy Mountain 2022-02-27 16:15||   2022-02-27 16:15|| Front Page Top

#25 Also, a thought for the day: The American dominance of the financial industry and the tech industry hasn't done any good for the last thirty years for those of us who made physical objects for a living. I've forgotten who said this first, but... we've gotten confused and think currency (dollars, digital currencies, what have you) is wealth. It isn't. _Production capacity_ is wealth. Currency's just a way of deciding how the production gets moved around.
Posted by Thing From Snowy Mountain 2022-02-27 16:23||   2022-02-27 16:23|| Front Page Top

#26 Whoever comes after Pooter in Russia will be pro-Chinese and anti-American. The rest of the world will also see America is useless at maintaining order and stability and that nations are on their own when it comes to providing for their security - like the Israelis, no one will depend on America

"Ukraine war again reminds Israelis: We can only rely on ourselves"

https://m.jpost.com/israel-news/article-698467
Posted by Jinesing Hupoper4714 2022-02-27 16:23||   2022-02-27 16:23|| Front Page Top

#27 Do svidaniye, American hegemony
Posted by Maggie Turkeyneck8050 2022-02-27 16:25||   2022-02-27 16:25|| Front Page Top

#28 I hear you can get a good deal on sunflower seeds with your rubles, Ivan.
Posted by Mercutio 2022-02-27 16:52||   2022-02-27 16:52|| Front Page Top

#29  Whoever comes after Pooter in Russia will be pro-Chinese and anti-American.

If whoever comes after is not first pro-Russia, the rest won’t matter. And given that Putin was anti-America all his life... But being pro-China is a sucker bet — those who hate Russia should wish them to be pro-China.

Israel is already pretty self-reliant, and even under more anti-Israel presidents, like Barack Obama and Joe Biden, finds America more congenial than other power centers.
Posted by trailing wife 2022-02-27 17:16||   2022-02-27 17:16|| Front Page Top

#30 Russia has already replaced most of the goods it used to import with domestically produced substitutes that are more than adequate.

This turn inward will only accelerate their self-reliance, especially in high tech manufacturing. Never again will any advanced military of any powerful nation allow itself to be dependent on Amerrica for advanced dual-use technology

America will become more self-reliant too. The global dollar-based system will start to unravel and every nation will start relying on itself and China, instead of on the US
Posted by Glins Greth3475 2022-02-27 17:31||   2022-02-27 17:31|| Front Page Top

#31 You Russian should read carefully what trailing wife is trying to tell you.

Truthfully, I think some of us here at Rantburg are somewhat sympathetic to Russia and feel that we should be allies in the war on terror and that we should be cooperating to contain China.

Myself, I could understand Putin's paranoia about NATO in Ukraine. No, I do not want Chinese troops in Mexico. And yes, certain American politicians are less than trustworthy.

But right now your guy Putin is not looking all that trustworthy either. His war in Ukraine doesn't seem at the moment to be going very well. The approach is looking heavy handed and clumsy. In time you will most likely prevail but the world is watching and the loss of life will be held against you. The blood is on your hands. There had to be a better way.

In America, when our presidents get involved in unpopular wars, people take to the streets and protest. Our presidents know that if they don't have popular sentiment behind them they could lose their jobs. It might be time for Russians to take to the streets. It might be time for new leadership in Moscow.

Ask yourself, in all the years since the Berlin Wall fell, have we ever attacked you? In fact, have we ever attacked you? Why would we? Nobody in their right mind wants that kind of a war.
Posted by Abu Uluque 2022-02-27 17:31||   2022-02-27 17:31|| Front Page Top

#32 Tablet: Ukraine's Deadly Gamble
Posted by KBK 2022-02-27 17:34||   2022-02-27 17:34|| Front Page Top

#33 Yes there was a better way
America had chance after chance after chance after chance to bring Russia into the European security structure. During GHerbert Walker Bush's time - but no.

During Clinton's presidency - but no, you bombed the shit out of Serbia instead and sided with a Muslim terrorist organization in Kosovo. Then you expanded NATO to our northwestern border. All while your bankstera helped bandits loot and destroy our country.

During Bush II's presidency Putin even helped you with airspace rights to fight in Afghanistan! That's more than Germany allowed just now. Extreme generosity, to help against Islamic jihadists. You could have had an alliance then. You could have returned the favor to Russia, as any decent and honorable nation would have. But no - you slapped Russia with the back of your hand and helped another group of bandits gain power on Russia's southern border in Ukraine.

And then you kicked and spat on Russia with another NATO expansion -- and then you pissed on Russia for good measure with your Bucharest declaration offering still further expansion to Ukraine and Georgia.

And all this time and during Obama's time you ignored Russia. You pretended it was no big deal to not only shit on Russia and ignore her legitimate security concerns, you had to keep pushing your military alliance right up to Russia's front door.

No self-respecting nation on this earth would tolerate such behavior.

Putin was stupid to invade but America bears the ultimate blame. American arrogance and blundering brought this on the world.
Posted by Uleck Glusoger1513 2022-02-27 17:46||   2022-02-27 17:46|| Front Page Top

#34 
And all this time and during Obama's time you ignored Russia. You pretended it was no big deal to not only shit on Russia and ignore her legitimate security concerns, you had to keep pushing your military alliance right up to Russia's front door.


The same Obama Administration that paid Russia via Iran _after_ they took the Donbass and Crimea in 2014?

The funny thing is, you prove the point we've all been tryng to say about appeasement over recent history.

These idiot administrations, for the most part, worked to appease and empower Russia for the last twenty years and here we are, Russia is invading Ukraine and the trolls are all here saying "You're being mean to us! Look at what you're making us do!"

Posted by Thing From Snowy Mountain 2022-02-27 18:09||   2022-02-27 18:09|| Front Page Top

#35 Putinwas stupid to invade but America bears the ultimate blame. American arrogance and blundering brought this on the world.

Like a Wife-Beater to his victim. "I love you so much, but you brought this on yourself", Russian-tool version
Posted by Frank G 2022-02-27 18:09||   2022-02-27 18:09|| Front Page Top

#36 ^ #32 - KBK's post is worth the time to read.
Posted by Bobby 2022-02-27 18:10||   2022-02-27 18:10|| Front Page Top

#37 Like I said, I am sympathetic to your fear of NATO. Also, like I said, some of our politicians are blundering fools. John McCain was an asshole. Bush and Obama were bad and Joe Biden is a feeble old retard. We'll get rid of him just like we did the others. Can you get rid of Vlad?

I remember being sympathetic to Serbia and I was aghast when Clinton sent our troops to Kosovo. Well, he was busy with Monica and probably didn't think it through. Like Ukraine, that was none of our business. But the longer this bloody mess continues in Ukraine, the less sympathy you will get.

You must also consider that Poles, Hungarians, Latvians, Estonians and Lithuanians were eager to join NATO because their experience in the Warsaw Pact was so awful. It's not like we held a gun to their heads. Face it, communism sucks and America is still the best alternative to it. If I didn't think so I'd move to Russia. Don't hold your breath for that.

Fix your own economy, make Russia more livable, tell Vladimir to back away from his nukes and try not to kill too many civilians. Then you will be in a better position to tell us about our shortcomings.
Posted by Abu Uluque 2022-02-27 18:12||   2022-02-27 18:12|| Front Page Top

#38 ^ Hear, hear!
Posted by M. Murcek  2022-02-27 19:19||   2022-02-27 19:19|| Front Page Top

#39 Tomorrow on Troll Burg: How America was responsible for the Peloponnesian War. Pericles saw us coming.
Posted by Matt 2022-02-27 20:18||   2022-02-27 20:18|| Front Page Top

#40 /\ I can't wait !
Posted by Besoeker 2022-02-27 20:39||   2022-02-27 20:39|| Front Page Top

#41 #35 - Isn't that co-dependency in action?
Posted by DooDahMan 2022-02-27 21:00||   2022-02-27 21:00|| Front Page Top

#42 Matt, just remember, Dionysius the First did nothing wrong...
Posted by Thing From Snowy Mountain 2022-02-27 21:00||   2022-02-27 21:00|| Front Page Top

#43 Where is your cretin of a president hiding?

Keyboard warriors strut and snarl and put out memes and link to satire. Putin has ordered Russia's nuclear forces to go on alert. There is serious risk now of a miscalculation that would set off a nuclear war.

Now it's threatening the US and your cretin president whose blunders and foolishness led us to this moment is nowhere to be found. If you had a real democracy you wouldn't tolerate this state of affairs - and you have the gall to lecture the world about democracy
Posted by Sluns Slomock2932 2022-02-27 21:37||   2022-02-27 21:37|| Front Page Top

#44 Where is your cretin of a president hiding?
Like this forum would know...
Keyboard warriors strut and snarl and put out memes and link to satire. Putin has ordered Russia's nuclear forces to go on alert. There is serious risk now of a miscalculation that would set off a nuclear war.
It is important, apparently, to state the incredibly obvious.
Now it's threatening the US and your cretin president whose blunders and foolishness led us to this moment is nowhere to be found. If you had a real democracy you wouldn't tolerate this state of affairs - and you have the gall to lecture the world about democracy
So Putin was influenced by Joe Biden to invade Ukraine. I lecture the world abut the size scope and power of government, about which both the US and USSR -- I mean Russia -- are exemplary.
Posted by badanov 2022-02-27 22:22||   2022-02-27 22:22|| Front Page Top

#45 Just hard to find good/honest trolls these days.
Posted by Rex Mundi 2022-02-27 22:33||   2022-02-27 22:33|| Front Page Top

#46 I find it amusing when people speak of Joe Biden as if he is in charge of anything other than his own bladder. Yes, the President is nominally the leader of the country, but if that is your read, I am afraid your grasp of the situation lacks opposable thumbs.
Posted by SteveS 2022-02-27 23:16||   2022-02-27 23:16|| Front Page Top

#47 Ah so he's dead then?
Who's going to give that speech to the nation Tuesday?
One of your transsexual freaks in a rainbow suit?
Posted by Slolet Bumble3701 2022-02-27 23:20||   2022-02-27 23:20|| Front Page Top

#48 Dead could happen by Tuesday in theory, but not likely. Moderately senile, though, that he’s been pretty much since he started campaigning for the job in early 2020. One assumes that President Putin, who is reasonably astute, has noticed this. One wonders why that isn’t the lead-in for all Russian news reports and op-eds on the subject of America at the moment.
Posted by trailing wife 2022-02-27 23:25||   2022-02-27 23:25|| Front Page Top

#49 What is your "democracy" worth?
Do you really have free and fair elections?
Is your press honest and independent?
Do your oligarchs compete fairly in a free market?
Can white people expect fair treatment under rule of law?
Can you trust your medical authorities?
Are your children's schoolteachers competent? Do they teach your children how to reason, do they give them an appreciation for your history and your culture and your values as a nation?

If no, why the hell do you think you have a right to lecture anyone about democracy?

Posted by Knuckles Sproing2084 2022-02-27 23:33||   2022-02-27 23:33|| Front Page Top

#50 "So Putin was influenced by Joe Biden to invade Ukraine. "

Yes he was, 'Boris '(nice nickname -- so your knowledge of Russia comes from stupid American cartoons from the 1960s.. love it)

Putin saw that Biden was a total cretin, a blithering dotard, more interested in transsexual freaks and their "rights" than in collective security or spheres of power.

He invaded because this was the best opportunity out he'd had in five years. Your cretin of a president cl tributes to this tragedy. Man up for once and admit reality
Posted by Vortigern Peacock4052 2022-02-27 23:38||   2022-02-27 23:38|| Front Page Top

#51 Who's going to give that speech to the nation Tuesday?

If the Big Guy is unavailable for the State of the Union speech, the President will be brought to you courtesy of Disney Studio Animatronics(tm). Jerky, inappropriate gestures and rambling incoherent speech will be signs of Actual Biden. If he suddenly freezes and bursts into flames, that's Robo-Joe.
Posted by SteveS 2022-02-27 23:46||   2022-02-27 23:46|| Front Page Top

#52 So we're on the brink of nuclear war and no one even knows who the hell is in charge of America.

Bloody hell
Posted by Albemarle tse Tung6775 2022-02-27 23:49||   2022-02-27 23:49|| Front Page Top

23:49 Albemarle tse Tung6775
23:47 Captain Grumble9476
23:46 SteveS
23:38 Vortigern Peacock4052
23:33 Knuckles Sproing2084
23:28 Bugs Flick5321
23:25 trailing wife
23:24 Kojo Munster5888
23:20 Slolet Bumble3701
23:16 SteveS
22:49 Rex Mundi
22:43 Rex Mundi
22:33 Rex Mundi
22:22 badanov
22:03 Rightwing
22:02 crazyhorse
21:37 Sluns Slomock2932
21:27 Procopius2k
21:24 Cleling Panda1816
21:19 Phoebe Waller-Panda1816
21:15 Rob Crawford
21:13 Rob Crawford
21:04 Cleling Panda1816
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