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I don't think it's about SWIFT, it's probably the sanctions on the Russian central bank, which are unexpected and harder hitting. So far it seems the war isn't
by sofixa 5y ago
I don't think it's about SWIFT, it's probably the sanctions on the Russian central bank, which are unexpected and harder hitting.
So far it seems the war isn't going their way, the Ukrainian resolve is stiffer, and worldwide support is pretty decent ( in terms of armaments, financial, humanitarian, etc.). And sanctions have been quick and hard.
I wouldn't be surprised if a man used to getting his way is throwing a fit. Considering the invasion ( there's no way it ends well), it's time we stop assuming Putin is rational.
I hope there are people around him who can stop him.
- kazinator 5y ago> unexpected? What? Surely Putin didn't think the world will just go la la la, while he invades a neighboring nation?
- dane-pgp 5y agoWell, the world is only responding this firmly now that he is furthering his existing invasion of a neighboring nation.
- marssaxman 5y agoWhy wouldn't he think that? The world has never tried to stop him before.
- sofixa 5y agoCutting off SWIFT was expected as a heavy sanction, but sanctions on the central bank directly is a huge deal. The only other countries in that exclusive club are Venezuela, North Korea and Iran, and is crippling for the economy of the country.