Patomak Global Partners Robert Greene on Russia, Ukraine

The video discusses the impact of disconnecting Russian financial institutions from SWIFT, comparing it to Iran's experience. It explores the implications of US and EU sanctions, particularly on energy transactions, and the potential financial assistance from China to Russia. The video also examines Russia's integration into the global economy and the role of cryptocurrencies in circumventing sanctions.

What is the primary function of SWIFT in global finance?

• A global bank

• A cryptocurrency exchange

• A messaging system for financial transactions

• A platform for trading stocks

What is a significant concern regarding the impact of sanctions on Russia?

• The influence on Russia's technology sector

• The consequences for Russia's tourism industry

• The impact on Russia's energy sector

• The effect on Russia's agricultural exports

How might China respond to the financial sanctions imposed on Russia?

• By withdrawing from international trade agreements

• By providing financial assistance to Russia

• By freezing Russian assets

• By imposing its own sanctions on Russia

What percentage of Russia's FX reserves is held by China?

• 13%

• 5%

• 25%

• 40%

What is a potential use of cryptocurrencies during financial crises?

• To reduce inflation

• To stabilize national currencies

• To avoid traditional financial intermediaries

• To increase government revenue

Why might cryptocurrencies be appealing to citizens during a banking crisis?

• They are backed by gold

• They provide an alternative to traditional banking

• They are immune to market fluctuations

• They offer high interest rates

What is a risk associated with the use of cryptocurrencies in the context of sanctions?

• They are only used by governments

• They are too stable

• They can be used to circumvent sanctions

• They are not recognized internationally