Thursday, July 6, 2023

The capitalists are circling over Ukraine — Thomas Fazi

Two weeks ago, thousands of representatives from businesses and governments from across the world gathered in London to “support Ukraine’s recovery”. But was the gathering of all those Western corporate elites at the Ukraine Recovery Conference entirely altruistic? There are, after all, massive profit opportunities being created by the war.
As Michael Hudson foresaw coming.

Unherd
The capitalists are circling over Ukraine
Thomas Fazi (co-author with Bill Mitchell of Reclaiming the State)

7 comments:

Peter Pan said...

If Russia were to occupy all of Ukraine, those buzzards will have no place to land.

Russia could then bring in a neutral third party to do the rebuilding...

Tom Hickey said...

"Russia could then bring in a neutral third party to do the rebuilding..."

Like China. :)

Peter Pan said...

Neutral enough :)

Magpie said...

Straight from the horse's mouth:

IMF Executive Board Approves US$15.6 Billion under a New Extended Fund Facility (EFF) Arrangement for Ukraine as part of a US$115 Billion Overall Support Package

Ukraine’s EFF-supported program aims to anchor policies that sustain fiscal, external, price and financial stability and support economic recovery, while enhancing governance and strengthening institutions to promote long-term growth in the context of post-war reconstruction and Ukraine’s path to EU accession.

Will Ukrainians regret all the generous help the West are giving them?

Tom Hickey said...

"Will Ukrainians regret all the generous help the West are giving them?"

Depends on whether one would rather foreign or domestic oligarchs reap the riches. But the result is essentially the same in either case. Hey, that's just capitalism.

Magpie said...

Depends on whether one would rather foreign or domestic oligarchs reap the riches.

What if one doesn't like either?

Peter Pan said...

What if one doesn't like either?

Then regret is not the sentiment that will be experienced.