Sunday, March 30, 2014

Bailing Out Russian Banks in Ukraine


Ukraine’s government in Kiev finally signed on to an $18 billion package from the IMF yesterday. An important milestone? Perhaps. But the real beneficiaries of all this money won’t be regular Ukrainians. Rather, it’s Western hedge funds and Russian banks that stand to profit most.---The American Interest
I didn't know this.  If I had known, I'd have been bitching about it.  What the hell are we doing this for?

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