http://jfxpt.com/2022/re-the-panama-gambit-a-new-war-in-serbia/ The search for invariants Tue, 21 Apr 2026 13:38:39 +0000 http://polimedia.us hourly 1 http://jfxpt.com/2022/re-the-panama-gambit-a-new-war-in-serbia/#comment-2283 Jacob Welsh Fri, 16 Dec 2022 21:11:42 +0000 http://fixpoint.welshcomputing.com/?p=206#comment-2283 High energy prices for the EU is the main effect I've heard of so far. As far as the second-order effects, I don't know what other non-West leaders are thinking, but the dollar may still be the "healthiest horse at the glue factory". The bullying tactics are nothing new; Panama for instance got put back on one or the other blacklist recently, despite several waves of self-destructive efforts toward complying with US demands. Now perhaps Russia is a bigger player than they've previously picked on. When did it get into SWIFT, anyway? High energy prices for the EU is the main effect I've heard of so far. As far as the second-order effects, I don't know what other non-West leaders are thinking, but the dollar may still be the "healthiest horse at the glue factory". The bullying tactics are nothing new; Panama for instance got put back on one or the other blacklist recently, despite several waves of self-destructive efforts toward complying with US demands. Now perhaps Russia is a bigger player than they've previously picked on. When did it get into SWIFT, anyway?

]]> http://jfxpt.com/2022/re-the-panama-gambit-a-new-war-in-serbia/#comment-2282 Susan Thu, 15 Dec 2022 14:03:44 +0000 http://fixpoint.welshcomputing.com/?p=206#comment-2282 Regarding your footnote ii: What effect do you see (present or future) from the US and EU freezing of Russian assets and kicking Russia off SWIFT? Are other countries in the non-West drawing the conclusion that the dollar is not as secure a refuge as they thought? I think they are, but don't know how far along the process is. Regarding your footnote ii: What effect do you see (present or future) from the US and EU freezing of Russian assets and kicking Russia off SWIFT? Are other countries in the non-West drawing the conclusion that the dollar is not as secure a refuge as they thought? I think they are, but don't know how far along the process is.

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