Yves Smith — Everything You Ever Wanted to Know About SWIFT and Russia (But were afraid to ask!)

Yves makes Russia Insider (published by a group of Western ex-pats living in Russia)

• Whether the Russians can launch a robust enough system quickly is an open question
• This is a sensible defensive and potentially offensive measure
• It may have longer-term ramifications if other countries that are not happy with the US decide to join it

Russia Insider
Everything You Ever Wanted to Know About SWIFT and Russia (But were afraid to ask!)
Yves Smith, Naked Capitalism