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OK, that's fair. I am actually curious though about your take on the sanctions. Do you have any resources to recommend for reading up on this SWIFT system and t
by uejfiweun 5y ago
OK, that's fair. I am actually curious though about your take on the sanctions. Do you have any resources to recommend for reading up on this SWIFT system and the SPFS alternative? And does this imply that Europe and China will side with Russia against the US?
- reducesuffering 5y agoHere's some good context from Alperovitch, Russian-American founder of CrowdStrike that now does international cybersecurity policy: https://twitter.com/DAlperovitch/status/1478353987480997897 https://twitter.com/DAlperovitch/status/1478353987480997897 The wiki for SWIFT is a good start, imagine SPFS as SWIFT just under Russian gov. control. https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication https://en.wikipedia.org/wiki/Society_for_Worldwide_Interban... It's not so much that Europe and China will "side" against the US, as they will not care enough about Russia's actions to deter them from trading with Russia. Europe will obviously care a lot more about Russia's aggression, but they are going through major energy price pains right now and they likely won't stomach further supply decreases by stopping gas trade with Russia.