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Ukraine Currency Plunges To Record Low: US Taxpayer To The Rescue?
With all eyes firmly focused on Ukraine's borders and the bloodshed in the East as fighting rages, it appears few are paying attention to the ongoing collapse of the nation's currency. The Hrynia just traded at new record lows this morning following NATO's Rasmussen's comments. However, there is no need to worry...
- UKRAINE EXPECTS $1.95B FROM WORLD BANK, IMF THIS MONTH
Get to work, Mr. US Taxpayer...
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Fuckem...
As Jerry Likes To Say, No $oupe For You...
Assuming that the IMF actually sends money to the Ukraine, nearly all of it will be stolen by the oligarch owned Kiev government. Babuskas will still starve without pensions, and unemployment insurance will be cut off.
Meanwhile, Detroit does not have water for its residents.
http://www.theguardian.com/world/2014/jul/21/detroit-water-shutoff-life-...
The USSA shows its real priorities.
And lest I be accused of being a liberal, I think giving water to the Detroit residents means we are less likely to be robbed at gunpoint.
Ouch! That drop in the Hryvnia is enough to give you a hernia! YUK YUK YUK!
Print Moar!
Speed up the process, noone likes a slow death.
Cut price blow jobs from HIV+ whores in Odessa
The IMF will issue SDRs from thin air, but are as good as any fiat. The oligarchs will steal the value and the Ukes will have to pay it back in sweat and blood. SSDF (same shit different fiat).
Once the FED RES NOTE loses it's currency status, maybe the SDR can take over as the world reserve currency (that is the plan, with Yuan as the big backer). Yes, losing that reserve status will let the US finally go bankrupt (and cancel the reserve note). They just hope they can hold it together long enough to get everything in place for the transition....
Just like a liberal: complaining about money used to secure important US interests, and support successful US corporations like Raytheon, claiming it would be better spent on liberal things like free water for saggy-pantsed, Obamaphone-toting, pre-zombie, monster-people.
Hang your head in shame, and go re-read Mein Kampf, I mean Atlas Shrugged.
Yeah, another tax payer funded money hole!! As one tax donkey said to another, "Yeeeh haawwww!".
no MSM articles on Ukraine killing children????
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Yes! Yes! Yes bitbrother tostaky! Preach on the gospel of Satoshi Nakamoto!
Posted this below, but putting it here for visibility: https://coinreport.net/btcu-biz-launched-4000-bitcoin-atms-ukraine/
Wolfowitz will fix it...
Honestly though the IMF works as a U.S. vessel imposing whatever Obama or his puppeteers want all over the world.
I would see Obama as the puppet in that picture. In most pictures, don't really see Mr 200 rounds of golf as that kind of 'go getter'.
As anyone who played golf can tell you, it takes real effort to make those early tee times.
2 Billion more debt for Ukraine from IMF?
Ukraine will be permanent debt slaves to IMF for that unless Russia counter-acts it and takes them over and away from the NWO-IMF.
My hope is that the IMF will be part of the solution - The Lady in Orange.
This article shows major countries on the edge, without a Sugar Daddy (yet) and could be IMF, ECB, BRIC, etc. Ukraine made the list.
http://www.wovow.org/argentina-bankrupt-whos-next-ukraine/
Ecuador, Egypt, Pakistan, Venezuela, Argentina, Belize, Cuba, Cyprus, Greece, Jamaica, Ukraine.
Like Iraq, bags of US dollars. Flood the world with US paper.
Another day another tax payer screwing. Maybe we should sebd them a few humanitarian bombs.
WHAT DO YOU MEAN?????
ARE YOU ALL PLANNING ON SUDDENLY DOWNPAYING THE NATIONAL DEBT???
As far as I know, America prints money in a way that it's stealing wealth from the rest of the world by inflation.
So if America gives them money, THAT MONEY IS STOLEN FROM THE REST OF THE WORLD. And they give it away to keep the dollar influence alive.
That's pretty much how it works. So many tie their currencies to the US dollar, so their currency is weakened disproportionately to our money printing. What's amazed me is that all we really export is inflation and debt, we create trillions out of thin air, and people are still will to send us real commodities and goods in exchange for these increasingly worthless dollars, dollars we create based on the whims of bankers. This method extracts trillions in wealth from the rest of the world. If more people became aware of this, it would not be good. Of course, it's not surprising that they haven't. Most Americans don't understand that the federal reserve does the same thing to them as well.
OR
maybe the foreign sheikhdoms, despots, oligarchies, military dictatorships, apartheid presidents, neo-NAZIs, and other dollar sycophants
do realize that the people of their nations are getting screwed,
but, just as with the MIC-bankster TBTF tycoons on the USA,
so long as the global CIA-Pentagon and/or fiat dollar stream are prioritized to benefit them
...
wait a minute, if the "Hryvnia is rising against the dollar", wouldn't that indicate that it's the dollar that's in trouble?
I am confused.
It is dropping. Pretend the chart is upside down. Or just look at the numbers on the vertical axis.
The only thing that has saved the US dollar thus far is that there are, for the most part, no other good alternatives. No one wants Ukraine POS currency so just about EVERYTHING will increase in value compared to it. This includes products and services, investments, PM, and other currencies.
BTW, a lot of talk on ZH about the demise of the US dollar and hyper-inflation. Personally, I'm not convinced.
The chart shows how many Hryvnia to 1 USD.
World War III or the Dollars fucked.
My guess? Both.
It is a save bet that whe are fucked.
Yea why don't we finance Ukraine non-existent war machine and govt.? Ukraine needed 15 billion Euro urgently before The Crimea crisis yet nothing has been done since the last presidential elections. Ukraine needs so much financial assistance that they are better off starting a war to insure they get it without an audit they would surely fail!
Lots of good looking Ukrainian women in need of US dollars now...go get em....they smoke like chimineys and dont smile to much....but beautiful
It was 4 to 1 when I spent some time there....and that was a pretty good deal..
The local girls are not dumb. They want to be paid in USD.
Will Russia accept USD from Ukraine for its gas-bills?
good point!
Anyone know the conversion rate from $1 bills to BTUs ?
Ukraine may find itself with another coup
Russia needs to screw the Federal Reserve and the ECB. Raise prices by 4x and then ask for payment in gold.
The IMF will pay for the Ukraine gas bill. That is how it works. Good portion of the $ go to Russia like the last disbursement. Then Ukraine will go bankrupt and EU and US tax payers mostly will lose as they are the largest buyers of SDR from the IMF...
These IMF disbursement do not solve the real economic issues of Ukraine. There are much deeper problems like corruption that will take years to resolve.
Perhaps this is part of the plan. Obomba in bed with Putin on fleecing the Dollah?
No doubt the playing field is covered with "pawns".
Hrynia has hernia.
didn't see that coming... not!
It is easier than ever for the Ukranian people to buy BTC: https://coinreport.net/btcu-biz-launched-4000-bitcoin-atms-ukraine/
The least the author could do if he actually wants us to think he knows something about Ukraine is actually spell it correctly. It's "hryvnia", sometimes hryvnya.
Thanks for that. I always thought it was hernia.
People don't work anymore. At least nobody in my family. Brussels prints that shit up. Its the end of the world. Don't worry about it. BTFD.
The headline should have read:
"Rothschilds Purchasing More of the Ukraine via their IMF Branch."
Fancy calling your currency the Hernia.
Soon ,with hyper-inflated hrynia, will Kiev will be able to pay Russia its gas bill?