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The payment system has to be decoupled first, and then banks can have nothing to fear from US sanctions.
by mitxela 2mo ago
The payment system has to be decoupled first, and then banks can have nothing to fear from US sanctions.
- swiftcoder 2mo ago> The payment system has to be decoupled first, and then banks can have nothing to fear from US sanctions. I'm not sure the payment system is most banks primary concern. Being able to buy/sell US securities turns out to be a fairly fundamental part of the modern economy
- mitxela 2mo agoAny EU back that's holding US securities deserves to fail. And then have its leader get jailed.