China and Russia Creating Alternate Banking System

James Corbett | April 16, 2017

It may have arrived with little fanfare, but Russia’s SWIFT alternative has, more or less, arrived. Speaking in no uncertain terms at a meeting with Russian President Vladimir Putin late last month, Elvira Nabiullina, the Governor of Russia’s central bank, stated: “We have finished working on our own payment system, and if something happens, all operations in SWIFT format will work inside the country. We have created an alternative.” ….

https://www.youtube.com/watch?v=515wKNvH0pc

http://theinternationalforecaster.com/topic/international_forecaster_weekly/russia_and_china_preparing_alternative_banking_architecture

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