by Chris Black
When Canadians did the same thing last week, legacy media didn’t cover it very much.
Don’t forget that.
First, we commit to ensuring that a certain number of Russian banks are removed from SWIFT.⁰
It will stop them from operating worldwide and effectively block Russian exports and imports.— Ursula von der Leyen (@vonderleyen) February 26, 2022
“Back to USSR”. Bank runs are starting in Russia: line to one of many ATMs pic.twitter.com/vSA3SvTdDf
— 𝕄𝕒𝕩 𝕊𝕜𝕪 🇺🇸 🇺🇦 🇮🇱 (@_lordmax_) February 27, 2022
“Russia central bank urges calm amid cash run fears” – Many ATMs in #Russia have run out of cash today, apparently, and looks likely that bank runs will continue on Monday #Ukraine t.co/8AEJTprxah
— Anton Muscatelli (@UofGVC) February 27, 2022
ec.europa.eu/commission/presscorner/detail/en/statement_22_1423
China and the rest of Asia already buys more oil and industrial materials than the US and Europe, most of it under the table bypassing the Wall Street system.
We have no data that is released to the public on the trade outside the futures market and contracts settled in dollars. Russia already settles oil contracts with China in Yuan.
Yes, Europe buys a lot of gas and the US imports millions of barrels of oil from the US. However, the West needs Russia a lot more than Russia needs the west.
Every reported economic number from the United States is filled with lies and fake data, painting a picture far from tbe reality on the ground.
Russia doesn’t need the West. They are aligned with China and India, both with larger real economies than Europe and America.
Does the United States have any real meaningful industry? No.
Does the United States have millions of skilled workers who can produce consumer products? No.
Does the United States have a vibrant and growing middle class? No.
Is the United States actively building infrastructure? No.
Has the United States closed its borders to third world immigrants and illegals who are bleeding the country dry and displacing the labor market? No.
What is the main product of the US economy? Fraud.
China, India, and South Asia require raw materials and energy. The region produces the vast majority of consumer products manufactured for the global economy.
Russia doesn’t need SWIFT or the West. Alignment with the industrial powerhouse nations and trading energy for produced goods, is how the real global economy works.
All the West can offer is financialization, fraud, and a bankrupt consumer base.