The Chinese are being told to stay put and hunker down in Ukraine.
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- Thread starter bd popeye
- Start date
We have to realize the fact that current world order is falling apart and Russia is the first big piece broken away. When China treats Russia as equal partner and with respect due to a great power, emerging order would be much more palatable to global south. It would be another viable alternative model for them to join and follow. Shutting Russia out of SWIFT don't make SWIFT any bigger in financial clearing system, only less.
Of course. All my posts about seeing Russia kicked out from SWIFT have been very happy..
People who understand the extend of US Hegemony are probably all celebrating right now. The US has been a menace to the world with its sanctions which uses to stand up its Hegemony. Kicking Russia out is a big blow to this.
Western leaders drank too much of their own koolaid and actually did it. Initially i didn't even believe they would do it, but leader after leader accepted to use this SWIFT move. It really is crazy and amazing how propaganda and groupthink works.
China has scored a big win on this. The West doesn't realise it now, but the effects will starts becoming clearer a few years later on how stupid that decision was
Yep, the rational side of me thinks this is a huge blow to the SWIFT system and it means the US sanctions just took another huge hit to their effectiveness.
The emotional side of me wishes things will move faster and the western hemisphere would just hurry up and collapse already, goddamnit.
The only real winner of the Ukraine war is America. It killed 3 birds at once.
1). Severe sanctions on Russia with the potential to disrupt Russia's access to chips, export of oil and gas, and the possibility of sustained inflation as its Central Bank is banned from SWIFT (likely if Russia conducts scorch and burn tactics against major Ukrainian cities if it's current tactics fail).
2). Secondary sanctions on China and Chinese companies/banks if it tries to help Russia. China now faces a real quandary.
3). Tighter alignment of NATO with the US. If anything, EU will from now on move closer to the US-China related issues as its members are nowhere beholden to the US.
1). Severe sanctions on Russia with the potential to disrupt Russia's access to chips, export of oil and gas, and the possibility of sustained inflation as its Central Bank is banned from SWIFT (likely if Russia conducts scorch and burn tactics against major Ukrainian cities if it's current tactics fail).
2). Secondary sanctions on China and Chinese companies/banks if it tries to help Russia. China now faces a real quandary.
3). Tighter alignment of NATO with the US. If anything, EU will from now on move closer to the US-China related issues as its members are nowhere beholden to the US.
What the US and EU did to Russia today would force many countries to find alternative system that is sanctions proof. Sanctioning Russian central bank and using SWIFT in such a way is opening a pandora's box that would forever change the world financial system. I wouldn't say the US would come out unscratched. Ultimately, many nations might lose faith in SWIFT or putting their monies in Europe and the US. That could be the beginning of the end of the American financial superpower.
supercat
Major
Chinese should really be super vigilant and hunker down because there are REAL Nazis roaming around in Ukraine right now.
America won nothing in this war, all it did was expose how weak they are in reality. One, they refuse to actually help the Ukrainians and fight to the death for their so called ideals. Two is that they are using up all their sanctions tools to the point where they have very little options left to negotiate, Three is that This will help show how strong Russia really is and thus how scared and weak the USA in comparison so that alone is huge. Also to not is that the cutting off of Europe from Russia resources can only be a positive in that sending resources to nations that refuse to treat them seriously is simply too stupid for words, not to mention that in this sense it helps China greatly by messing the German economy so much that the only real manufacturing economy in Europe will go down the toilet as a result and thus China can grab more of that market for themselves instead. The US dollar will no longer be so hot now that the USA is using sanction and the cutting off from swift in that fashion and thus will help China and Russia de-dollarise, which will spell the death of the US dollar and thus get rid of the ability for the USA to keep printing money for resources, which in term drive the USA into hyperinflation which will spell the doom of the nation. NATO, is an organization that is long past its use by date and if they cannot handle this crisis by sending their troops in NOW, then NATO is finished. The individual EU nations are used to going into the middle east to bomb other nations when they cannot fight back, but when faced with Russia, they make excuses and use sanctions to push Russia to giving up but the opposite reaction is what is happening now, they are not man enough to fight, otherwise they like the USA would be in Ukraine fighting right now instead of leaving Ukraine to fend for itself. The EU cannot afford a scenario when the population are cut off from Russia gas and China goods in the future as this will devastate the block. The EU and the USA are doomed if they cannot use diplomacy to settle the situation and no, barking like a dog means nothing compared to real power and the EU without the USA is nothing and the USA without their dollar and media is also worthless. I mean considering the issues that they in weapons maintenance, can they really count on their nukes?
They Russians are apparently in reach of the goal of isolating Ukraine from the Sea of Azov. I have no idea how recent this is. There is so much misinformation going on.