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    Re: IMF billiions for Ukraine gravy train. Archived Message

    Posted by Ken Waldron on July 26, 2023, 4:53 pm, in reply to "IMF billiions for Ukraine gravy train."

    “The banking system,” the IMF staff report concludes, “has been subject to regulatory forbearance on capital, credit, and reporting standards, thus the impact of the war on asset quality is difficult to ascertain with precision due to these measures.”

    Such "Asset quality" as the Azov Shipyard in Maripol...for example, for sale alongside various other "assets" also under Russian control in Lugansk and Donetsk :

    https://privatization.gov.ua/en/map-of-objects/


    So sad to watch all those poor bastards dragged off the street and even worse, the proud old suckers volunteering and being blown to bits for a "country" that is actually being sold beneath them.

    No matter what happens its patently obvious that Ukraine can never pay back the debts from this war. The entire country is now forfeit: a bank "asset". Maybe that was the original plan?

    Why hasn't it sunk into heads of the soldiery that they are dying in ditches and having their limbs blown off for one of the biggest "Real Estate" cons ever put into operation? Is the cynicism too overwhelming to grasp? Is it just much easier to pretend you are actually fighting a good old "patriotic" war?

    -Slava IMFi!



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