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by theturtletalks 1559 days ago
First you say sanctions won’t work and name alternatives to SWIFT. People were already expecting them to switch. No one thought Russia would sit on his hands if a banking standard was banned. And SWIFT isn’t the only sanction. Companies refusing to do business there and the eventual brain drain will do more damage than SWIFT.

Your next point was China will support Russia, but do you really think they’re trying to help? They probably want to milk Russia of all their oil on the low.

I’m not familiar with the UNSC and Libya conflict so I won’t comment on that, but I don’t see the analogy to what Russia is doing and the sanctions imposed.

1 comments

> Companies refusing to do business there and the eventual brain drain will do more damage than SWIFT.

Only Western companies you mean?

> but do you really think they’re trying to help?

They are already helping. Russia has already integrated with Unionpay as we speak. Russian Sovcombank and Sberbank have already completed integrations.

> They probably want to milk Russia of all their oil on the low.

Not just China but India will also purchase oil from Russia [1]. Billions of dollars more than any European nation at discounted rates. And with population of India and China, and demand for rising energy requirements, I don't see Russia being inconvenienced by these Sanctions in the long term.

The West is overestimating the impact of Sanctions on Russia. All it did was cut off Russia from the West and make it a pariah in the West. You haven't considered Africa and Asia in this mix at all and that will be the decisive factor that rescues Russia. Even Putin knows this.

The biggest mistake West is doing is undermining its adversaries. Especially Putin (calling him a madman, that he is suffering from cancer or long covid and what not — i heard this crap before with Saddam Hussein — who was supposedly diagnosed with lymph cancer LMAO). It is not the first time and it won't be the last time that the West is trying these tactics.

[1]: https://www.thehindu.com/news/national/russia-offers-more-oi...