Sunday, Oct 26, 2008

Yet another set of Banks that need propping up

BBC: Ukraine set for $16.5bn IMF loan

The International Monetary Fund (IMF) is to offer a $16.5bn (£10.4bn) loan to Ukraine to help it "maintain confidence and economic and financial stability". The country has been badly shaken by the global credit crunch, with stock markets and the Ukrainian currency tumbling and banks needing propping up. Internal political turmoil has also delayed economic development. The loan depends on Ukraine being able to balance its budget and make reforms to its banking sector.

Posted by jack c @ 07:58 PM (311 views) Add Comment

5 Comments

1. mark wadsworth said...

Yup, and Ye Olde British Taxpayer is stumping up for half a billion quid of this.

Just sayin', is all.

Sunday, October 26, 2008 08:23PM Report Comment
 

2. planning4acrash said...

Like with Third Word Countries, when the IMF lends money, it aint free, politically or economically. So, what are the terms, and, more importantly, what are the conditions? Have they been forced into NATO? If so, World War III with Russia is guaranteed.

Sunday, October 26, 2008 08:36PM Report Comment
 

3. planning4acrash said...

Yup, Mark, nice posting there, well folks, those who wondered what the New World Order was, or who poo poo'd it. Here it is, in your face. If theft via taxation from your national government to pay for wars was not enough, we now have intranational mis-appropriation of YOUR tax money to prop up whatever unelected globalists consider beneficial to themselves. Give yourselves a pat on the back for ignoring the issue as being one of "Conspiracy Theorists" Now peep's you had better wake the heck up, because there are bad people in this world and they are getting all the power they want and more.

Sunday, October 26, 2008 08:41PM Report Comment
 

4. plato said...

I have to agree with you p4. My complete open minded attitude attributable to my lack of knowlege (and therefore no fixed mindset) regarding the underlying reasons for this financial meltdown and the pattern of following events,together with the research material I have studied, lead me to the decision that all this is an orchestrated event.
Accidents and Mistakes......... My ar8e !

Sunday, October 26, 2008 09:27PM Report Comment
 

5. Fjcruiser said...

Another desastrous US lead foreign policy adventure, taking us a step closer to WW3 with Russia and Iran.

Sunday, October 26, 2008 09:49PM Report Comment
 

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