SG Talk

The suspension of SWIFT can be circumvented and some measures carry mutual pain.

However the freezing of reserves ...Will be severe to Russia
This single move leaves Russia with only $200B held in outside Westeen banks.

Russia debt rating is now cut to junk by S&P. Basically they are cut out of International Financing.



Russian stocks fell 50% then rebounded to be overall down by 42% from the peak...

Because of drop ruble in US$ ...the Russian Market drop by 60%....a collapse.

Read that the SWIFT cut off only certain banks. Russian oil & gas payment not affected. And the sanctions exclude Russian energy industry, metals like titanium that Boeing need to make planes, and raw mterials like anthracite for chip-making. Also, Putin got no offshore bank account. And the Ruskies have been preparing for many years for these. Russians are known to plan 3 steps ahead.

So I think this American & European sanctions & swift are symbolic. What else can they do without hurting themselves?

Putin retaliated by banning all aircrafts from those countries involved with sanctioning over its air space unless authorised

Means jialat for all air cargo as Russia air space is the length and breath of Asia.....Lol

I think the Ruskies have learnt from Iran when Iran was cut off from swift. They use barter trade and payment in GOLD, and their own currency.

Thats why Ruskies been building up MASSIVE gold reserves to prepare for this.

What this mean is that DEDOLLARIZATION pace is speed up - Russia is many times more Iran. Russia is not new to sanctions. Basically Russia is sanctions-proofed the economy, self-reliant on basic commodities.

It is Europe and US that have become overly reliant on Russian energy & raw material supply.

One more thing, dont forget that Russia airspace is huge. When UK banned Aeroflot, Russia banned British Airways from using Russian airspace. The net result is that BA lose.

I also read that Russia is thinking of "NATIONALISING" western assets in Russia amounting to 0.5 trillion dollar to counter attacks western sanctions.

As you know, sanctions are acts of war.

Nationalising = take money from the rich & give to the state.

This sends chills down their spine. After that, the West got scared. End up only dare to dish out symbolic sanctions & swift cut off.

SWIFT is very powerful, basically all trade in USD stops, without using USD what canyou buy or sell today in global trade?
Use Ruble? who want ruble? Russian also dont want, all rush to convert to USD.
Gold? barter trade? 5000 yrs ago? shipment & flight to Rusia almost all stop too.
Rusia asset globally not only freezed or confiscate, in term of US$trillion, what else Rusia & russian have now? putin family asset also freezed.
Russia ships also ceased, the most Russia canlast another week, unless china pay.


國際決定以SWIFT制裁俄羅斯 是致命一擊！軍火源源不絕送抵烏克蘭 俄羅斯攻勢損失慘重



國際決定以SWIFT制裁俄羅斯 是致命一擊！軍火源源不絕送抵烏克蘭 俄羅斯攻勢損失慘重


乌克兰战争第三天，现实告诉普京，没实力别装逼。俄罗斯踢出swift，冻结资产超过1万亿美元，成大号朝鲜。



乌克兰战争第三天，现实告诉普京，没实力别装逼。俄罗斯踢出swift，冻结资产超过1万亿美元，成大号朝鲜。