An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, April 2, 2014
Robert Parry — Ukrainians Get IMF’s Bitter Medicine
The IMF extracting blood again with austerity therapy.
Seems like they borrowed a lot of foreign currency under the Yushchenko admin ($140Bish) previous and now cant pay it back... so the IMF is setting up a refinancing but with austerity strings attached...
Maybe Putin is actually in on it for all we know...
Seems like they borrowed a lot of foreign currency under the Yushchenko admin ($140Bish) previous and now cant pay it back... so the IMF is setting up a refinancing but with austerity strings attached...
ReplyDeleteMaybe Putin is actually in on it for all we know...