Get C_sh Out of The B_nk NOW! World Leaders Detonating ‘Financial Nuclear Bomb’ – In 2021 Russians Warned Removal From SWIFT Banking System Would Be ‘Financial Armageddon’

• Get C_sh Out of The B_nk NOW! World Leaders Detonating ‘Financial Nuclear Bomb’ – In 2021 Russians Warned Removal From SWIFT Banking System Would Be ‘Financial Armageddon’
  by Susan Duclos – All News PipeLine
  With the news that the West has unleashed more penalties against Russia by severing some of Russia’s banks from a financial system called Society for Worldwide Interbank Financial Telecommunications (SWIFT), which links thousands of banks operating in about 200 countries and territories around the world, warnings from Russia in April 2021, become much more ominous.
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  On April 22, 2021, The Moscow Times was used as a shot across the bow to warn the West what would happen if they attempted to “disconnect” Russia from SWIFT, with the sub-header of the Moscow Times article dubbing it a potential “financial Armageddon.”
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  In a meeting with EU foreign ministers, Ukraine’s top diplomat Dmytro Kuleba said he had called for a tough new package of sanctions, including the expulsion of Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) network, which currently links more than 11,000 banks operating in at least 200 countries and territories around the world.
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  The proposal — long popular among those who favor slapping hard-hitting sanctions on Russia — has picked up new supporters since last year’s poisoning of Alexei Navalny. Talk of a possible embargo reached fever pitch in Moscow in the days leading up to U.S. President Joe Biden’s announcement of a new round of sanctions against Russia mid-April, with top Russian officials and banking figures talking up the dangers of being disconnected.
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  The Foreign Ministry said Russia needed to create its own blockchain-based alternative. The head of Russia’s banking association warned SWIFT against disconnecting Russian lenders, saying it would be an act of “self-castration,” while the Director General of the Kremlin-aligned Russian International Affairs Council (RIAC) compared the potential move to detonating a financial “nuclear bomb.”
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