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submitted 1 year ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml
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[-] taanegl@beehaw.org 2 points 1 year ago

SWIFT will have to be broken up, where one becomes a European only with the EURO as it's trading currency.

I'd wish we could decentralise it even further, but that's going to defeat the purpose, isn't it?

I used to think SWIFT was just a transaction system, but we can see how economy on a global level is truly all about political power - ideals be damned.

The liberal dream truly is dead. Long live economic feudalism.

this post was submitted on 02 Oct 2023
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