wake_up_bomb wrote:
www.bbc.co.uk/news/business-26429659
The IMF is in town. We know what the Ukrainian government wants from them - loans, and big ones.
But what will the IMF want from Ukraine?
Reforms to stimulate stronger economic growth and to improve the government's financial position.
We know some likely elements from a previous IMF programme, agreed by the Yanukovych government, which was not fully implemented.
Energy will be central. The IMF wants Ukraine to cut the heavy subsidies, which are a strain on the government budget and which encourage inefficient energy use.
The interim Prime Minister, Arseny Yatsenyuk, has said Ukraine will accept whatever conditions the IMF seeks.
Well maybe. But actually imposing the hefty energy price increases that are likely to be called for will be politically challenging for any Ukrainian government.
Watch this space.
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^ Again, I don’t wanna say I told ya...

And I don’t have a crystal ball, no, it’s just that the writing was on the wall here. It was so goddamn obvious!

You had to be blind, or stupid, or both, not to see it coming!!!!
Mind you, they’re there, already? That’s ahead of schedule, isn't it? They just can’t wait to get those sticky hands in Ukraine, now can they?
On the other hand, let’s not forget that this
‘interim’ government is
NOT legitimate by any stretch, and it’s in no legal position to be signing away things or taking loans... but that’s not gonna stop them, and no-one is gonna question the legitimacy of it all either...

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wake_up_bomb wrote:
I'm sure all this strategic interest in the Ukraine would still exist if they didn't have any gas. This isn't just another energy war, far from it [...]
You got that straight. It’s about encircling Russia. Same with Poland and the threat of NATO's missiles on the Polish/Russian border... that didn’t happen, btw, Russia fought long and hard to block it. I’m sure that stung them. So they’re trying their luck with Ukraine instead.
The gutting of the Ukrainian economy, is just a consolation price for
‘them.’ That’s not what they’re after.
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wake_up_bomb wrote:
[...] The credence given to the IMF is quite incredible considering (a) what they've done in the past, and (b) they don't actually have any money. You'd think the International Monetary Fund would have money, but that's not the world we're living in.
Fair point. But aren’t you forgetting how the IMF gets funded AND what type of currency it uses? World Reserve Currency, that’s US Dollars, the same US Dollars printed willy-nilly - ala "quantitative easing" - by the privately owned Federal
- no more “Federal” than Federal Express - Reserve.
They'll just print that loan up.
For a bunch of fancy printed paper they'll get the Ukrainian population head on a pike.
Once again! You go “peaceful” Maidan Protesters! Go!!!!!! Job well done!