Political-Economic Consequences of Ukraine Operation for the World Economy

How important is the sharp fall in the Russian stock market to the real physical economy of Russia? The Russian pipeline is already operating in other countries – how vital to Russia is it that Germany may not be on board immediately?  How realistic is it for Germany to trade with Yankeedom? Lastly, how harmful will it be to the world economy if Russia is excluded from the SWIFT payment system? Might it backfire? Will it speed up the process of Russia and China creating an alternative to SWIFT? Jack Rasmus presents likely consequences.

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