this is an excellent point, one i hadnt considered. SPFS only has 23 banks connected to it as of 2020, so if its to be an alternative Russia would have to consider it as an alterative of last resort. just how strong is it?
the consternation im still faced with is "with the support of the entire EU." It may be difficult to secure a resounding vote with the bemoaned sword of Damocles. much heating fuel comes from Russia in the dead of winter.
still other HN posters make a great point (and in other posts too) that every time SWIFT is disconnected, it popularizes alternate markets at the expense of US and EU interest. certainly a stronger SPFS must be taken into account.
the consternation im still faced with is "with the support of the entire EU." It may be difficult to secure a resounding vote with the bemoaned sword of Damocles. much heating fuel comes from Russia in the dead of winter.
still other HN posters make a great point (and in other posts too) that every time SWIFT is disconnected, it popularizes alternate markets at the expense of US and EU interest. certainly a stronger SPFS must be taken into account.