Sunday, March 26, 2023

Ukraine and the IMF: Money for interest and it ain't for free...

This is a reminder that a huge amount of Western financial "aid" to Ukraine is in the form of loans. Not that going into debt during wartime is anything new in the world. But if Ukraine winds up at the end of the war with Weimar Germany levels of debt, that's problematic.

Substack: https://brucemillerca.substack.com/p/ukraine-and-the-imf

#Ukraine

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