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Alternatives to SWIFT have limits

Can countries replace SWIFT? Evidence from Russia suggests not easily

7th Apr 26, 2:17pm

by Guest

Can countries replace SWIFT? Evidence from Russia suggests not easily

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One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We're no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we've been taken. Once you give a charlatan power over you, you almost never get it back.

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