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Episode 462: The power of SWIFT!

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Manage episode 504673349 series 3506295
Content provided by Dr. Joseph Bergquist. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Joseph Bergquist or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This episode examines an article from The Epoch Times (subscription required) titled “The power behind the photo: Why SWIFT, not sanctions, may shape the Ukraine endgame.” Most people are not familiar with the SWIFT system, what it does, and how much power it wields in the flow of global finance. SWIFT – the Society for Worldwide Interbank Financial Telecommunication is based in Belgium. While SWIFT is mainly a messaging platform, it can also screen, freeze, and exclude financial transactions from any country in the world. If a country loses access to the SWIFT system, the financial consequences can be disastrous.

  continue reading

400 episodes

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iconShare
 
Manage episode 504673349 series 3506295
Content provided by Dr. Joseph Bergquist. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Joseph Bergquist or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This episode examines an article from The Epoch Times (subscription required) titled “The power behind the photo: Why SWIFT, not sanctions, may shape the Ukraine endgame.” Most people are not familiar with the SWIFT system, what it does, and how much power it wields in the flow of global finance. SWIFT – the Society for Worldwide Interbank Financial Telecommunication is based in Belgium. While SWIFT is mainly a messaging platform, it can also screen, freeze, and exclude financial transactions from any country in the world. If a country loses access to the SWIFT system, the financial consequences can be disastrous.

  continue reading

400 episodes

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