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Russian banks ready to switch off SWIFT – official
Topic Started: Feb 14 2018, 04:39 AM (312 Views)
Siberian
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Russian financial institutions and firms are ready to work without SWIFT's interbank cash transfer services, according to Deputy Prime Minister Arkady Dvorkovich.

https://www.rt.com/business/418665-russia-banks-ready-shut-swift/


Topic edited to remove description per news board rules.
Edited by Paula Ticks, Feb 16 2018, 09:38 AM.
Goood morning GULAG!!!
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Siberian
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I start thinking that Russian economy may not collapse along with the World economy when finally the World debt bubble explodes and hyperinflatuon starts in major World currencies.
It seems we will be the only one who can function relatively autonomously... :)
Goood morning GULAG!!!
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peewee

Siberian
Feb 14 2018, 04:39 AM
Russian financial institutions and firms are ready to work without SWIFT's interbank cash transfer services, according to Deputy Prime Minister Arkady Dvorkovich.

https://www.rt.com/business/418665-russia-banks-ready-shut-swift/
I did notice last week when I moved money from US to Russia that the transfer process had changed. I do believe that I used the Swift code but there were extra steps involved that had been added to the process recently. I mentioned this to one of my coworkers that the Russia bank money transfer process was now different than that of any other country that we transfer money to, or from. She wondered about it as well.
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PATruth
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Siberian
Feb 14 2018, 04:41 AM
I start thinking that Russian economy may not collapse along with the World economy when finally the World debt bubble explodes and hyperinflatuon starts in major World currencies.
It seems we will be the only one who can function relatively autonomously... :)
The Russian economy has already collapsed. If these numbers are even remotely correct the Russian per capita GDP dropped from $16,000/per capita in 2013 to approx. $9000/per capita in 2016. I realize Putin has struggled, his net worth by some accounts is over 200 billion dollars.

From an outsiders viewpoint it appears Putin has first claim to whatever the pathetic Russian economy produces and the people fight for scraps? Maybe the Russian people were better off when the Czar's ran the country?
"No. No he won't. We'll stop it."
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Drudge X
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30 years plus ago, my history teacher said Russian rubles are worthless outside of Russia. Nothing has changed.
Kate Steinle was separated from her family permanently but leftists didn't seem to mind.
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Siberian
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lol, keep shamanizing, you may win a nobel if you manage to turn your dream into reality with simple talk... :)
Edited by Siberian, Feb 15 2018, 02:27 AM.
Goood morning GULAG!!!
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W A Mozart
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PATruth
Feb 14 2018, 10:43 AM
Siberian
Feb 14 2018, 04:41 AM
I start thinking that Russian economy may not collapse along with the World economy when finally the World debt bubble explodes and hyperinflatuon starts in major World currencies.
It seems we will be the only one who can function relatively autonomously... :)
The Russian economy has already collapsed. If these numbers are even remotely correct the Russian per capita GDP dropped from $16,000/per capita in 2013 to approx. $9000/per capita in 2016. I realize Putin has struggled, his net worth by some accounts is over 200 billion dollars.

From an outsiders viewpoint it appears Putin has first claim to whatever the pathetic Russian economy produces and the people fight for scraps? Maybe the Russian people were better off when the Czar's ran the country?
Russia is essentially an oil economy, ...period. They produce very little of what the world wants. The oil bucks slushing around in the Kremlin coffers are distributed primarily to the military. It's gross insanity. Furthermore, I happen to know a lot about SWIFT. The idea that the Russian banks and/or financial institutions are planning to withdraw from SWIFT is further indication of Putin insanity. What made the Iranian nuke deal so important to the Mullahs was gaining re-entry into SWIFT. Without it the Iranians were operating in a sub third world economy.

Mozart
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PATruth
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W A Mozart
Feb 15 2018, 11:09 AM
PATruth
Feb 14 2018, 10:43 AM
Siberian
Feb 14 2018, 04:41 AM
I start thinking that Russian economy may not collapse along with the World economy when finally the World debt bubble explodes and hyperinflatuon starts in major World currencies.
It seems we will be the only one who can function relatively autonomously... :)
The Russian economy has already collapsed. If these numbers are even remotely correct the Russian per capita GDP dropped from $16,000/per capita in 2013 to approx. $9000/per capita in 2016. I realize Putin has struggled, his net worth by some accounts is over 200 billion dollars.

From an outsiders viewpoint it appears Putin has first claim to whatever the pathetic Russian economy produces and the people fight for scraps? Maybe the Russian people were better off when the Czar's ran the country?
Russia is essentially an oil economy, ...period. They produce very little of what the world wants. The oil bucks slushing around in the Kremlin coffers are distributed primarily to the military. It's gross insanity. Furthermore, I happen to know a lot about SWIFT. The idea that the Russian banks and/or financial institutions are planning to withdraw from SWIFT is further indication of Putin insanity. What made the Iranian nuke deal so important to the Mullahs was gaining re-entry into SWIFT. Without it the Iranians were operating in a sub third world economy.

Mozart
Yep, oil, natural gas, metals and timber account for 80% of Russia's exports. Without selling natural resources the Russian economy wouldn't exist. They are to corrupt to compete in the global market. That's why I really support renewables. Make oil all but worthless and Russia, Venezuela, and most of the Middle East would collapse. Terrorism is funded with drug and oil money.
"No. No he won't. We'll stop it."
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Siberian
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of course, unfortunatelly present Russia is not as self-sufficient and economically powerful as USSR was, but I hope we're heading back to this status fast with a little help of our American friends :)
Goood morning GULAG!!!
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voted4reagan
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I wish that THE MINARCHIST was here to comment on this... guy was an economic genius
Trump needs to focus more so on the male vote. He should have nationalized the Boy Scouts when they decided to admit girls.

Harambe4Trump AKA "FASHY"
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Siberian
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voted4reagan
Feb 15 2018, 12:50 PM
I wish that THE MINARCHIST was here to comment on this... guy was an economic genius
lol, no economists left in the US?
maybe some Russian Americans, I presume all of them must have emigrated from Russia already... :)
Goood morning GULAG!!!
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voted4reagan
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Siberian
Feb 15 2018, 01:52 PM
voted4reagan
Feb 15 2018, 12:50 PM
I wish that THE MINARCHIST was here to comment on this... guy was an economic genius
lol, no economists left in the US?
maybe some Russian Americans, I presume all of them must have emigrated from Russia already... :)
Here is a hint... Want all those sanctions lifted??

Get out of Crimea...

Very simple to do...

Then your economy will recover

Trump needs to focus more so on the male vote. He should have nationalized the Boy Scouts when they decided to admit girls.

Harambe4Trump AKA "FASHY"
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voted4reagan
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as of today the Ruble is worth just over .017 USD.

It is worthless...


http://www.xe.com/currencyconverter/convert/?Amount=1&From=RUB&To=USD

Edited by voted4reagan, Feb 15 2018, 02:05 PM.
Trump needs to focus more so on the male vote. He should have nationalized the Boy Scouts when they decided to admit girls.

Harambe4Trump AKA "FASHY"
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Siberian
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voted4reagan
Feb 15 2018, 02:00 PM
Siberian
Feb 15 2018, 01:52 PM
voted4reagan
Feb 15 2018, 12:50 PM
I wish that THE MINARCHIST was here to comment on this... guy was an economic genius
lol, no economists left in the US?
maybe some Russian Americans, I presume all of them must have emigrated from Russia already... :)
Here is a hint... Want all those sanctions lifted??

Get out of Crimea...

Very simple to do...

Then your economy will recover

and if I want more sanctions - what would you suggest? :lol:

though, I think I will think of your advice after I settle in Crimea in 10 years, as I plan :)
Goood morning GULAG!!!
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Siberian
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voted4reagan
Feb 15 2018, 02:05 PM
as of today the Ruble is worth just over .017 USD.

It is worthless...


http://www.xe.com/currencyconverter/convert/?Amount=1&From=RUB&To=USD

I wish you could understand how ignorant you are.
but I'm afraid you won't get it even if I try to explain.

anyway, I strongly recommend you to read this thread, I'm to further explain why and how the US economy will collapse :)

read my posts thoroughly and maybe by the end you will be ashamed of nonsense you post :)

http://perspectives.com/topic/10418346/2/

Goood morning GULAG!!!
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Robertr2000
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voted4reagan
Feb 15 2018, 02:00 PM
Siberian
Feb 15 2018, 01:52 PM
voted4reagan
Feb 15 2018, 12:50 PM
I wish that THE MINARCHIST was here to comment on this... guy was an economic genius
lol, no economists left in the US?
maybe some Russian Americans, I presume all of them must have emigrated from Russia already... :)
Here is a hint... Want all those sanctions lifted??

Get out of Crimea...

Very simple to do...

Then your economy will recover

Sanctions on Russia won't be applied. And even if they were, it won't matter soon enough. Not that it matters much now.
"if that **** wins we'll all hang from nooses"
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voted4reagan
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Siberian
Feb 15 2018, 04:20 PM
voted4reagan
Feb 15 2018, 02:05 PM
as of today the Ruble is worth just over .017 USD.

It is worthless...


http://www.xe.com/currencyconverter/convert/?Amount=1&From=RUB&To=USD

I wish you could understand how ignorant you are.
but I'm afraid you won't get it even if I try to explain.

anyway, I strongly recommend you to read this thread, I'm to further explain why and how the US economy will collapse :)

read my posts thoroughly and maybe by the end you will be ashamed of nonsense you post :)

http://perspectives.com/topic/10418346/2/

I would give you my 2 cents.... but your Ruble is worth less than that...


Posted Image
Trump needs to focus more so on the male vote. He should have nationalized the Boy Scouts when they decided to admit girls.

Harambe4Trump AKA "FASHY"
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Robertr2000
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voted4reagan
Feb 15 2018, 05:53 PM
Siberian
Feb 15 2018, 04:20 PM
voted4reagan
Feb 15 2018, 02:05 PM
as of today the Ruble is worth just over .017 USD.

It is worthless...


http://www.xe.com/currencyconverter/convert/?Amount=1&From=RUB&To=USD

I wish you could understand how ignorant you are.
but I'm afraid you won't get it even if I try to explain.

anyway, I strongly recommend you to read this thread, I'm to further explain why and how the US economy will collapse :)

read my posts thoroughly and maybe by the end you will be ashamed of nonsense you post :)

http://perspectives.com/topic/10418346/2/

I would give you my 2 cents.... but your Ruble is worth less than that...


Posted Image
Posted Image
"if that **** wins we'll all hang from nooses"
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voted4reagan
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Robertr2000
Feb 15 2018, 07:39 PM
voted4reagan
Feb 15 2018, 05:53 PM
Siberian
Feb 15 2018, 04:20 PM
voted4reagan
Feb 15 2018, 02:05 PM
as of today the Ruble is worth just over .017 USD.

It is worthless...


http://www.xe.com/currencyconverter/convert/?Amount=1&From=RUB&To=USD

I wish you could understand how ignorant you are.
but I'm afraid you won't get it even if I try to explain.

anyway, I strongly recommend you to read this thread, I'm to further explain why and how the US economy will collapse :)

read my posts thoroughly and maybe by the end you will be ashamed of nonsense you post :)

http://perspectives.com/topic/10418346/2/

I would give you my 2 cents.... but your Ruble is worth less than that...


Posted Image
Posted Image
No shame in actors dressing in Drag...

What are you trying to say Robert?

Trump needs to focus more so on the male vote. He should have nationalized the Boy Scouts when they decided to admit girls.

Harambe4Trump AKA "FASHY"
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Siberian
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voted4reagan
Feb 15 2018, 05:53 PM
Siberian
Feb 15 2018, 04:20 PM
voted4reagan
Feb 15 2018, 02:05 PM
as of today the Ruble is worth just over .017 USD.

It is worthless...


http://www.xe.com/currencyconverter/convert/?Amount=1&From=RUB&To=USD

I wish you could understand how ignorant you are.
but I'm afraid you won't get it even if I try to explain.

anyway, I strongly recommend you to read this thread, I'm to further explain why and how the US economy will collapse :)

read my posts thoroughly and maybe by the end you will be ashamed of nonsense you post :)

http://perspectives.com/topic/10418346/2/

I would give you my 2 cents.... but your Ruble is worth less than that...


Posted Image
it's a pleasure to watch you being so helpless :)
Goood morning GULAG!!!
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