In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent in its financial operations from Washington and as a means of rescuing the nuclear deal between Iran and the west.
Writing in the German daily Handelsblatt, Maas said “Europe should not allow the US to act over our heads and at our expense. For that reason it’s essential that we strengthen European autonomy by establishing payment channels that are independent of the US, creating a European Monetary Fund and building up an independent Swift system,” he wrote, cited by the FT.
Maas said it was vital for Europe to stick with the Iran deal. “Every day the agreement continues to exist is better than the highly explosive crisis that otherwise threatens the Middle East,” he said, with the unspoken message was even clearer: Europe no longer wants to be a vassal state to US monopoly over global payments, and will now aggressively pursue its own “Swift” network that is not subservient to Washington’s every whim….
I would be surprised if they didn’t just join russia’s and china’s effort, especially given europe’s russian natural gas imports and the nord stream II project which threatens the stability of the US-imposed ukrainian fascist government.
Absolutely everything the satanic neocons touch turns into a catastrophe for the USA and for world peace. Isn’t it time to deport them back to wherever they call home? Or just send them to guantanamo.
Russia’s Nord Stream II Pipeline Is Ukraine’s Worst Nightmare