Naomi Klein, in her book, The Shock Doctrine, told how the global banking system took advantage of crises, and sometimes created crises, in order to force national leaders to accept policies against their will. This seems to be what is going on in Ukraine.
Ukraine has beem in gave financial difficulties. Last fall the International Monetary Fund offered Prime Minister Viktor Yanukovich a bailout, under conditions that reportedly included a doubling of prices for gas and electricity to industry and homes, the lifting of a ban on private sale of Ukraine’s rich agricultural lands, a sale of state assets, a devaluation of the currency and cuts in funding for schools and pensions to balance the budget. In return, Ukraine would have got a $4 billion loan, a small fraction of what was needed.
Then the Russian Federation offered a $15 billion loan and a 30 percent cut in gas export prices. Naturally Prime Minister Yanukovich accepted. Then all hell broke loose.
A mysterious sniper killed peaceful demonstrators in Maidan square in Kiev and, as has happened with mysterious sniper attacks in Venezuela, Thailand and other countries, the killings sparked a violent uprising.
U.S. Assistant Secretary of State Victoria Nuland said in a leaked telephone conversation with the Ukraine ambassador that “we” want the former banker, Arseny Yatsenyuk, installed at Yanukovich’s replacement, rather than some more popular politician. And that’s what happened.
Yatsenyuk said he will do whatever it takes to get IMF financing, even though this probably will make him the most unpopular prime minister in Ukraine history. He in fact has little choice. The Russian offer has understandably been withdrawn, and Ukraine is in a much more desperate plight than it was six months ago.
Elections are scheduled for May, but that’s plenty of time for Ukraine to be locked into binding commitments to the IMF.
Ukraine is a country rich in natural resources but poor in money — an inviting target for financial speculators. Based on what has happened in other countries in like situations, I look for Ukraine’s resources and assets to be sold off at bargain prices.
I don’t see what business a U.S. Assistant Secretary of State has trying to name the head of a foreign government, or how this in any way benefits the American people. It seems to be an example of the workings of Wall Street as a component of Michael Lofgren’s deep state.
Washington’s Man Yatsenyuk Setting Ukraine Up for Ruin by Kenneth Rapoza for Forbes.
The Rape of Ukraine: Phase Two Begins by F. William Engdahl for World News Daily Information Clearing House.