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Well, that's what the US is currently weaponizing the USD to do. Like when they froze Russia out of the global financial system, but France and Germany kept pay
by mise_en_place 4y ago
Well, that's what the US is currently weaponizing the USD to do. Like when they froze Russia out of the global financial system, but France and Germany kept paying them for natgas and oil.
- seszett 4y agoI might be wrong, but I think it's the EU (along with US and UK) that blocked Russia from Swift. Most EU countries keep paying Russia for gas and oil (as an exception to the banking sanctions) because they are really dependent on it, not because they don't want to weaponize the Euro. France is not much dependent on Russian imports though, but Germany is along with Italy, the Netherlands and Hungary mostly.