Lại Một Trò Hề Tài Chính: Nga Trung Quốc và cái bẫy SWIFT của Tập Đoàn Tài Chính Quốc Tế

Nỗ lực tấn công loại bỏ Nga ra khỏi hệ thống tập đoàn tài chính -SWIFT (Society for Worldwide Interbank Financial Telecommunication)

- Một trò quá lố tự thiến hay... kế hoạch khủng bố "tâm lý quần chúng toàn cầu" dở hơi!

Thật sự một quốc gia tự chủ, hay con người, nhóm người tự chủ tự do, chẳng cần gia nhập cái guồng máy ràng buộc này để trao đổi tài chính qua những con số ảo, khi cả một hệ thống tài chính (tiền nhà nước FIAT) đã là một trò bịp gian lận từ căn bản.

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China’s SWIFT Alternative and the (Engineered) Death of the Dollar

by James Corbett
TheInternationalForecaster.com
March 11, 2015
Forget all the nonsense and hoopla about the Apple Watch or the GM stock buy-back. Far and away the most important economic story of the week is one you won’t find on the front page of Bloomberg or MarketWatch. New reports indicate that China is ready to launch its SWIFT alternative, and for those who have their ear to the ground this is the most significant move yet in the unfolding process of de-dollarization that is seeing the BRICS-led “resistance bloc” breaking away from the financial stranglehold of the US-led “Washington Consensus.”
For those who don’t know, SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication and is shorthand for the SWIFTNet Network that is used by over 10,500 financial institutions in 215 countries and territories to transmit financial transaction data around the world. SWIFT does not do any of the clearing or processing for these transactions itself, but instead sends the payment orders that are then settled by correspondent banks of the member institutions. Still, given the system’s near universality in the financial system, it means that virtually every international transaction between banking institutions goes through the SWIFT network.
This is why de-listing from the SWIFT network remains one of the primary financial weapons wielded by the US and its allies in their increasingly important financial warfare campaigns. In 2012, SWIFT agreed to de-list 30 Iranian financial institutions (including the central bank) from their network as part of the US/EU-led sanctions on Tehran, a move that was meant to stop billions of dollars’ worth of oil and export sales from being repatriated into the country and bring Iranian business to a standstill. Throughout the recent tensions between the US bloc and Russia over the civil war in Ukraine, the idea that SWIFT could similarly de-list Russian banks has been repeatedly floated as a potential next step for the US and its allies.
Of course, SWIFT is nominally “independent” from any government entity and thus does not have to follow the dictates of Washington or anyone else pursuing their own personal vendettas in the financial arena. In practice, however, SWIFT put up no resistance whatsoever and obligingly complied with the Iranian sanctions request despite the fact that the blockade was repeatedly ruled illegal by the EU’s own courts. Does anyone doubt that, despite their protestations to the contrary, they would do any different if push came to shove with Russia? This is precisely why Moscow, Beijing and other countries in the cross hairs have been floating ideas of their own, namely the creation of an alternative payment network that bypasses SWIFT.
Now it seems that talk is materializing into something very real. Called the China International Payment System, the CIPS network is meant to facilitate cross-border transactions specifically in yuan and the latest reports suggest that the system is already in place and could be launched as early as this September.
If and when CIPS is launched, the results could be world historical in nature. Firstly it provides the Kremlin and other US/EU/NATO/Israeli enemies a potential alternative safe haven from the crippling sanctions that hang over their head in the current environment. Secondly, it brings the yuan one step closer to being a fully-convertible currency, something that Beijing has been scrambling to achieve since the currency was rejected from the IMF’s SDR basket following the last reconsideration of that basket in 2010. And finally, it further solidifies China as the center of the worldwide “resistance bloc” to the current status quo.
It’s hard to underestimate just how important CIPS will be to making the yuan a major player on the global stage. Rather than having to clear yuan payments through correspondent banks in China or through specially designated clearing houses in Hong Kong or Europe or elsewhere, payments will now be nearly instantaneous through any CIPS-listed financial institution anywhere in the world.
Sadly, most alternative news outlets will end their analysis here, as if the creation of this alternate payment system in opposition to the US/EU/NATO/Israeli superpower’s hegemon is an unmitigated good. But such an analysis relies on the assumption that the BRICS resistance bloc has motivations and intentions that are truly different than the existing power structure, and not merely rivalrous to it. As viewers of The Corbett Report’s podcast on “China and the New World Order” will note, China has been carefully positioned over the course of the past half century to be the “engine of the New World Order” and many of the (nominally) “American” oligarchs and political power-players who helped construct the current status quo have been pupeteering and overseeing the rise of the Chinese dragon since the days of Mao. And as we have discussed before, the players who have been dominating world finance for decades (if not centuries) are not stupid; they are deliberately engineering the West’s downfall in order to bring about their dreamed-of world governmental and world financial system.

Is THIS really the answer we’re looking for?

Now those who are concerned about the US-bloc’s superpower status and its seemingly monolithic control over the highly-centralized financial system represented by institutions like SWIFT are being asked to put their faith in an “alternative” system of centralized control that happens to be in the hands of Beijing. But let’s imagine that, somehow, in some way, the Chinese Communists were actually artfully deluding the Kissingers and the Brzezinskis and the other paymasters and chessmasters of China’s economic “miracle” and actually did intend to use their new-found power for themselves. To what end would they possibly use it? As a series of billboards popping up around Bangkok and other locations in recent months suggest, it is nothing less than to create a “New World Currency” to further consolidate their power on the international stage. Meet the New New World Order, same as the Old New World Order. Either way, all you get is centralized power-hungry tyrants lording over centralized bureaucracies like the IMF, the World Bank, the SDR, SWIFT, CIPS, the BRICS bank or the “people’s currency” of the yuan.
But what if there was a truly alternative way around the SWIFT hegemon?
As it turns out, many Iranian banks have circumvented the SWIFT sanction in an almost embarrassingly simple way. Instead of using the SWIFT system to send and receive their payment orders, they simply pick up the phone or send an email. Yes, it is less efficient and takes a bit longer to do, but it works just as well and there’s nothing that SWIFT or anyone else can do to prevent banks from communicating directly with one another. Chalk this extremely simple workaround up as another victory for the concept of the “peer-to-peer economy” that we talked about in these pages in recent weeks. When people (or organizations or institutions) can communicate directly, instantaneously and globally, the need for centralized bureaucracies like “SWIFT” or “CIPS” disappears just as assuredly as the horse-and-buggy or the zeppelin disappeared with the advent of the modern car or airplane.
Keep your eye on these pages for more on the CIPS system as it develops, and keep your eye on The Corbett Report podcast for an upcoming episode where I delve into the not-so-happy reality of “The BRICS and the New World Order.”

 

The West's Plan To Drop Russia From SWIFT Hilariously Backfires

If Vladimir Putin is remotely capable of laughter (the jury is out on that one…) then he’s probably doing so right now.
Russia is once again Arch-Enemy of the United States. It’s like living through a really bad James Bond movie, complete with cartoonish villains.
And for the last several months, the US government has been doing everything it can to torpedo the Russian economy, as well as Vladimir Putin’s standing within his own country.
The economic nuclear option is to kick Russia out of the international banking system. And the US government has been vociferously pushing for this.
Specifically, the US government wants to kick Russia out of SWIFT, short for the Society of Worldwide Interbank Financial Telecommunications.
That’s a mouthful. But SWIFT is an important component in the global banking system because it lays the foundation for banks to communicate and transfer funds with one another.
It’s a network protocol of sorts. Whenever a bank in Pakistan does business with a bank in Portugal, the funds will clear through the SWIFT network.
According to the SWIFT itself, they link over 9,000 financial institutions worldwide in over 200 countries, which transact 15 million times per day.
Bottom line, being part of SWIFT is critical to conducting business with the rest of the world. And if Russia gets kicked out of SWIFT, it would be a disaster.
Now, SWIFT is technically organized as a ‘Cooperative Society’ and governed by a board of directors.
There are 25 available board seats, and each seat is allocated for a three-year term to a specific country.
The United States, Belgium, France, Germany, UK, and Switzerland each hold two seats. A handful of other countries hold just one seat. And of course, most countries don’t hold any seats at all.
Here’s what’s utterly hilarious—

On Monday afternoon, not only did SWIFT NOT kick Russia out… but they announced that they were actually giving a BOARD SEAT to Russia.

This is basically the exact opposite of what the US government was pushing for.
Awkward…
But this story is even bigger than that.
Because at the same time that the US government isn’t getting its way with SWIFT, the Chinese are busy putting together their own version of it called CIPS.
CIPS stands for the China International Payment System; it’s intended to be a direct competitor to SWIFT, and a brand new way for global banks to communicate and transact with one another in a way that does NOT depend on the United States.
We’ll talk about CIPS in more details in a future letter. But in brief, it addresses some serious weaknesses, inefficiencies, and technological challenges of SWIFT.
And it should be ready to go later this year.
Make no mistake, this is the beginning of the end of the US dollar’s global hegemony. It’s time to stop hoping that it won’t happen and time to start preparing for it.