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another_liberal

(8,821 posts)

9. All of the countries you note have huge economies and everyone trusts their ability to repay.

Reply to cthulu2016 (Reply #3)

Sat Apr 5, 2014, 12:43 PM

Apr 2014

In fact, the rest of the World actually purchases those countries' debts (government bonds) as investments, expecting them to appreciate in value. Ukranine has a tiny economy and isn't able to pay off anything. The only way she can even meet the interest payments IMF bankers will demand is to take on more debt and sink deeper.

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Yanukovich actually saw it all coming. [View all] another_liberal Apr 2014 OP

I think the debt:GDP ratio will cross 60% earlier than year end. dipsydoodle Apr 2014 #1

All I know is that after 35+ years of structural adjustment a la IMF, World Bank malaise Apr 2014 #5

Yes. dipsydoodle Apr 2014 #6

I see . . . another_liberal Apr 2014 #10

"Ukraine�s agricultural produce wouldn�t be able to compete with the European producers" dipsydoodle Apr 2014 #2

Oh noes!!1! A debt to GDP ratio of 60 percent by year�s end. cthulu2016 Apr 2014 #3

All of the countries you note have huge economies and everyone trusts their ability to repay. another_liberal Apr 2014 #9

I hard ukraine described as a country of 45 million mostly poor people Jesus Malverde Apr 2014 #4

Others saw it coming too. Check this post out in case you missed it. dipsydoodle Apr 2014 #7

No surprise malaise Apr 2014 #8