Hassan Al-Somal
SENIOR MEMBER
- Joined
- Jan 18, 2015
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Are you for real??
That is the same as saying "Trust Me Bro, I have them" when people ask you where you got your indemnity from.
You cannot insure your own vessel, it HAD to go thru a third party escrow. That is the entire purpose of having insurance, that is in case you cannot pay for the damages you had caused. And no one will allow you to dock if you don't have P&I
Seriously, if some central banks are bypassing the SWIFT system and directly dealing with SPFS and CHIPS, how long do you think it'll take them to bypass the P&I insurance racket?
The West tried to use the P&I against Iran and DPRK, but both countries found a way to circumvent it. How do you think it'll affect the Russians when they have the support of China and other countries?
Look, using the P&I is a desperate way of trying to hurt Russia when the West's military aid to Ukraine is not bearing fruits. And the reality that the Western leaders are avoiding to accept is the inevitable outcome of this war: The end of Unipolar world where the West had the all the tools to manipulate and abuse other countries, and the start of the Multipolar world where others have similar systems in place and don't need the West subjugating them.
You and many Westerners can dance around it but this ship has already sailed, and China, Russia, Iran, DPRK, and others have made sure they broke through all of the chains that the Zionist plantation called West placed on the rest of humanity. Good riddance to the end of the usury-based evil system that you all called Unipolar world.