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Monday, February 28, 2022

Zero Hedge — Jamie Dimon Warns SWIFT Sanctions May Bring Unintended Consequences, Can Be Circumvented

Unintended consequences — in the first place, as a result of not thinking things through, and secondly, owing to the impossibility of thinking things entirely through since the financial system is not only complicated but also complex, that is, financial instruments like derivatives are synergistic, and there are knock-on effects.

Zero Hedge
Jamie Dimon Warns SWIFT Sanctions May Bring Unintended Consequences, Can Be Circumvented
Tyler Durden
https://www.zerohedge.com/markets/jamie-dimon-warns-swift-sanctions-may-bring-unintended-consequences-can-be-circumvented

Related at ZH

The 'Adults In Charge' Have Bumbled Us Into A New Cold War (this is the most complete succinct analysis of the ramification of driving Russia and China together, resulting in a "geostrategic blunder of historic proportions."
Jim Daws via American Thinker 
https://www.zerohedge.com/geopolitical/adults-charge-have-bumbled-us-new-cold-war

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