From Breadbasket to Basket Case: A Survey of Ukraine’s Economy

Thanks for that excellent summary. It is truly a tragic situation.

The Kremlin Stooge

Uncle Volodya says, "The angry men know that this golden age has gone; but they cannot find the words for the constraints they hate. Clutching their copies of Atlas Shrugged, they flail around, accusing those who would impede them of communism, fascism, religiosity, misanthropy, but knowing at heart that these restrictions are driven by something far more repulsive to the unrestrained man: the decencies we owe to other human beings. " Uncle Volodya says, “The angry men know that this golden age has gone; but they cannot find the words for the constraints they hate. Clutching their copies of Atlas Shrugged, they flail around, accusing those who would impede them of communism, fascism, religiosity, misanthropy, but knowing at heart that these restrictions are driven by something far more repulsive to the unrestrained man: the decencies we owe to other human beings. ”

Once again, our stooge on the Australian desk has come through, this time with a well-researched post on Ukraine’s economy. Most people know now that the economy is in the toilet, with the national currency – the hryvnia – having lost about 40% of its value since the crisis began. Various agents offered financial help: Yanukovych reversed himself on the very brink of signing the EU Association agreement, and went to Vladimir Putin (whom the pundits love to cast…

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