Sunday, March 06, 2022

Visa and Mastercard and a growing list of retailers suspend operations in Russia

 

Visa and Mastercard and a growing list of retailers suspend operations in Russia


You wanted a global economy?  Now you are probably going to pay the price as corporations start to take sides in the the Russian invasion of Ukraine.  Woke attitudes are going to hurt your markets and alienate the average Russian driving them into the hands of Chinese competition.  I know it makes the management feel like social justice warriors to beat up on the Pillow Guy but denial of service to a entire country will end up with surrendering market share as they realize that foreign banksters are causing their problems. Question: does that mean they don't have to pay their accounts?

We had a similar situation develop in Canada where we discovered that the Federal Government would use denial of service, in this case, your bank account being frozen if your didn't support the government's ideology.  

You can only be a social justice warrior if you are a monopoly.  I say that as I listen to Stroppy on Rumble.

J.

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