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[–]yaiyen 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

If Russia and Iran had started to do trade with their own currencies even 5 years ago what do you think would have happened?

Noting would have happen, they would have not cut them off SWIFT because they are trading with local currency, its not good enough reason. Some country's already used local currency to trade so its noting new, its just now they put it on high gear after USA take Russia off swift with excuse that they invade Ukraine. Look at Brics as example Russia and China dragged there feet for years they dint really put much thought in brics from what i see, only after the war started then they saw how much of a security risk SWIFT is and trade with west country's