"Fortunately, U.S. economic sanctions contain the seeds of their own undoing, since they engender the expansion of foreign reserve currencies at the expense of the U.S. dollar, and the phasing out of the U.S. money transfer system (SWIFT) to alternate foreign models such as Russia’s System for Transfer of Financial Messages (SPFS)."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Smith, Lauren Smith, United States Imposed Economic Sanctions: The Big Heist, LA Progressive (16 April 2020)
https://en.wikiquote.org/wiki/United_States_sanctions
Revision History
No revisions have been submitted for this quote.
Categories
United States sanctions
16 quotes on TrueQuotesView all quotes by United States sanctions →
Related Quotes
"If you isolate a country, you isolate yourself, as the United States, from being influential and effective in the cou…"
"Iran has condemned new United States sanctions that punish any company that works with Syria's President Bashar al-As…"
"Webinar today: From North Korea to Venezuela to Iran, US sanctions disproportionately impact women."
"These sanctions are a brutal form of economic warfare and collective punishment that leave children dying from hunger…"
"Latin America is not the same Latin America... the only country who vote against stopping the embargo, eliminating th…"
"We’re very generous people, Americans. We gave a billion a year with the Sudan to protect and help people after these…"
"In April, the Alibaba Foundation of China tried to donate masks, rapid diagnostic kits and ventilators to Cuba, but t…"
"For far too long, American politicians have been sanctions-crazed...Most remarkably, Congress is moving to sanction G…"
"..in terms of the damage, sanctions and wars do deliver similar results... They do deliver death. They do deliver des…"
"Sanctions may be a lesser evil than war, but that does not mean they cannot be cruel."