Comments by "Arty" (@arty5876) on "What is SWIFT and why isn't Russia being banned from it?" video.
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Russia holds all her gold reserves in the West, and also Russia holds all governmental budget reserves in the West. This is funny situation, because Russia would lose nearly 800 billion USD in just a moment. Russian budget is a 230 billion USD, according to the new cost of dollar. Also, Russia would lose 470 billion dollars - money of oligarhs. The entire Russian economy at now is ~1.1-1.3 trillion USD. Russia would lose all reserves and would need to confiscate the money from the banks, from the population - ~700 billion dollars, entire amount of all deposits and credits to form a new reserve. Russian government already announced that this could happen.
Also, Dmitry Medvedev said, that the exception of Russia from the Council of Europe is a good news, because Russia can return the death penalty. Probably, Russia would return into a Stalinism with massive political repressions. The second North Korea, but not Korea - North Karelia
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