• redtea@lemmygrad.ml
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    1 year ago

    This is so tragic. The west did this to Ukraine before and these fucks have invited them again. All through the 90s, the IMF or World Bank would give a loan, then refuse to pay a tranche unless Ukraine made deeper and deeper cuts. Then one or the other would offer a loan to cover the interest, so the next time they needed to borrow money, they had to borrow enough to cover the second, third, etc, loan; all the while, the bigger the loan, the worse the terms and the deeper the terms.