while SWIFT purports to be international, its decisions appear to be dictated by NATO members - all former colonial powers.
https://twitter.com/Reuters/status/1497772224572391428
how is it that NATO countries can decide on access to SWIFT without agreement with China, India, Africa, South America and rest of world?
one of the little understood purposes of NATO (and I hadn't thought about this prior to present crisis) is that its functioned as a sort of US and Europe workaround to the United Nations, where Second and Third World nations have a say. (There's another obvious descriptor.)
a curiosity: NATO, SWIFT and their leaders are almost entirely (dare we say) "white". Yet all the voices who incessantly lecture about "white supremacy" seem strangely silent about use of NATO and SWIFT as international action without consent of brown, black and yellow nations.
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