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Russia developed their own internal economic system in 2014, after yet another threat of sanctioning from the USA. Russia has been pushed out of SWIFT, therefore developed their own economic systems called SPFS & Mir to counteract being pushed out of SWIFT. These are systems used by Iran, China & Russia. Joe Biden announcing sanctions on Russia is kind of laughable because they are ALREADY working with China and Iran in their own internal payment systems. The goal of China and Russia (and I guess Iran) is to undermine the dollar. This Ukraine war is a giant distraction or at least is in conjunction with reducing dollar hegemony. Looks like they’ve succeeded, at the very least, in making the dollar irrelevant by adopting their own system. Please understand the removal of Russia from the SWIFT payment system has already happened. In other words sanctions took place a while ago and Russia was fine.Look at how well they are doing : In 2014, the Central Bank of Russia created its OWN messaging system- System for Transfer of Financial Messages (SPFS) to replace SWIFT. As of 2020, SPFS traffic is almost 13 million messages per day. More than 400 financial institutions are a part of Russian SPFS.They’re also working on a gold backed crypto currency. And, is it coincidence that at the same time Russia developed their digital payment system Ukraine’s also went live?
This Forbes article gives insight: https://www.forbes.com/sites/realspin/2017/03/20/ukraine-is-silently-leading-a-digital-currency-revolution/?sh=66324301465c
Come on people. Wise up.
These are 21st century issues and you’re still talking “good guy” “bad guy” like this is the 1930’s. Here is a short video explaining: https://youtu.be/-FwY5-d1svE
All this being said though, there is legitimacy to the rise of neo-Nazi factions in the country. This had to be addressed. This Ukrainian’s 5 minute video is the most succinct to date:https://youtu.be/OisJkpGYpAo
This story here, showing you the PM of Italy supports “sanctions” is propaganda. They’re telling you this story to justify something that has already happened, and something that is no consequence to Russia: https://www.reuters.com/…/italys-draghi-supports…/
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