Economy

Is Russia Ready to Neutralize the Bankers’ Nuclear Option?

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from: The Wealth Watchman.com

Swift 3This week we take a razor sharp look at the checkered and troubled past of the world’s premiere international wire transfer system for banks: SWIFT.

We examine the nearly unmentioned law that that DC passed, which pressured those within the SWIFT system to become a venue for financial terrorism.

We review SWIFT’s use as a recent political weapon against an unfortunate, sovereign country. Lastly, we take a gander at Russia and China’s progress in creating a counter-weapon to neutralize the ominous threat which SWIFT poses.

Is Russia’s finally in the position to neutralize the ominous, bankster threat of “SWIFT Deletion”?