Germany calls for global payment system independent of U.S.

FAH1223

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Germany calls for global payment system independent of U.S.
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German Foreign Minister Heiko Maas. Photo: Thomas Imo/Photothek via Getty Images

Germany's foreign minister Heiko Maas urged Europe to rethink its partnership with the U.S. in an op-ed in German newspaper Handelsblatt, calling for the establishment of independent payment channels in response to the Trump administration's unilateral withdrawal from the Iran deal.

The big picture: Later this year, the U.S. is expected to cut Iran off from SWIFT, an essential financial network that connects more than 11,000 banks around the world and allows countries to facilitate payments abroad. Maas' call to circumvent the system in order to preserve the Iran deal signals growing tensions in the alliance, recently aggravated by the Trump administration's rejection of a joint European request to be exempted from sanctions.
 

Secure Da Bag

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So will the US also lead from behind with a coalition of the willing and invade Germany and take down its murderous leader? :troll:
 

storyteller

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*sigh* I got no words, just subbing to keep up with any updates and analysis as this unfolds.
 

SNG

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Countries are starting to flex because they have no respect for America with Donald. America looking like a joke outchea to the world. America will never be the same after this since they opened the gates to allow a goofy to run the country.
 

Nobu

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I'm guessing it will involve the Interledger Protocol and some sort of digital asset like XRP for settlement of international payments in 3 seconds instead of days. SWIFT's ancient technology where it takes days for money to actually be moved will not last forever.
 

Red Shield

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It's happening, that German pivot over to the Russia/China/Iran orbit:wow:

All the piece on the grand board are being arranged as the usa ticks down to it's last hour. And when morning comes again, the world is going to look so damn different.


these murica fukk yeah clowns who helped elect the dotard don't even realize he was sent to destroy america.

Only conclusion anyone who is paying any attention to.. can come to at this point.

Wouldn't even matter if they got dude outta here this year, damage is done. The full 4yrs tho.. issa wrap
 
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