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joshcryer

(62,536 posts)
33. Fair enough.
Fri May 9, 2014, 05:00 AM
May 2014

I simply don't think Crimea was a net positive for Ukraine though, so I think losing Crimea meant the overall need for money was reduced (though probably not $3 billion). The east has most of the industry though, so obviously if you lose that, you need bigger loans.

But you can't ignore that the IMF loans were yet to be made. They may have been Putin's $15 billion without the loan guarantees. It may have only been $10 billion. It wasn't like the EU was going to go "$1 billion, have a nice day." It was, "$1 billion, IMF austerity." Whatever it was going to be, it wouldn't let the country fall into despotism. The IMF didn't let Greece fall into chaos even though Greeks (particularly rich Greeks) weren't paying their fair share. In fact, the IMF loaned over $100 billion Euros to save Greece (no doubt to save the Eurozone from catastrophe), but it came at huge debt reductions.

Putin may have made the nicer deal, but only because, and you've yet to convince me otherwise, he was leveraging Ukraine's gas and Ukraine had quite possibly the worst gas contract ever (they should've made it clear in the contract that any "losses" would be held by a Gazprom insurer, not Ukraine; I still don't think the "losses" were real; I think an oligarch decided to line his pockets, Ukrainian or Russian, who knows).

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I think it's between econmic ties to EU/US/NATO or Russia/Eurasia. joshcryer May 2014 #1
The general background re. economic ties was as follows. dipsydoodle May 2014 #5
Putin wanted the EU talks stopped. joshcryer May 2014 #6
Russia only supplies gas at preferential terms to CIS member states. dipsydoodle May 2014 #7
Pretty sure Yanukovych just wanted to get re-elected. joshcryer May 2014 #14
Wasn't so much "the EU deal wasn't the best" dipsydoodle May 2014 #16
IMF is giving 17 billion. joshcryer May 2014 #29
Confirmation here from Nov. 27th 2013. dipsydoodle May 2014 #30
So they sign a trade agreement with a bankrupt country? joshcryer May 2014 #31
There is a paradox dipsydoodle May 2014 #32
Fair enough. joshcryer May 2014 #33
Comparisons with Greece are difficult. dipsydoodle May 2014 #37
BBC: Pro-Russia rebel vote to go ahead pampango May 2014 #2
800,000 #referendum ballot papers destroyed by fire joshcryer May 2014 #3
Well once accidents like that start happening you have to question whether it's going to be rigged davidpdx May 2014 #4
No Question, Sir: A Vote Under Present Conditions In the East is A Rigged Vote The Magistrate May 2014 #8
That's what the referendum will show. Igel May 2014 #27
This Obviously Makes Hash Of The 'Go Putin!' Cheer-Leaders' Position, Sir The Magistrate May 2014 #9
Poll: Most Ukrainians support full or partial refusal of gas purchases from Russia dipsydoodle May 2014 #10
People Often Answer a Different Question Than the One They Are Asked, Sir The Magistrate May 2014 #11
Yes but come the winter they might conclude dipsydoodle May 2014 #12
Possibly, Sir The Magistrate May 2014 #13
Putin certainly likes leveraging that one. joshcryer May 2014 #15
Ah I see... Adrahil May 2014 #19
Not particularly. dipsydoodle May 2014 #20
OK, but.... Adrahil May 2014 #21
Its not so much I don't have a harsh word for Russia - dipsydoodle May 2014 #22
Welp, it is. But for the people living there, this is DEADLY serious. NT Adrahil May 2014 #23
I sympaphise with their population dipsydoodle May 2014 #24
Ukraine a nuisance for being leveraged by Russia. joshcryer May 2014 #28
On the subject of gas dipsydoodle May 2014 #17
I suspect they're going to see if Russia charges market rate. joshcryer May 2014 #34
Worth noting though dipsydoodle May 2014 #35
No doubt Russia is going to get paid. joshcryer May 2014 #38
'Last time Ukraine played up and... supply ceased... German industrial production fell by 25%...' freshwest May 2014 #39
From January this year : dipsydoodle May 2014 #40
Don't hang your hat on that Telegraph piece -it's terribly biased Iterate May 2014 #41
If the people of Northern Maine wanted to break away and become part of Quebec, Nye Bevan May 2014 #18
You changed the title of the story Jemon May 2014 #25
When He Posted It early This Morning, Sir, It was The Right Headline The Magistrate May 2014 #26
Something's going down in Mariupol Bosonic May 2014 #36
They have worked for decades towards their full EU membership. Putin didn't want that!! Sunlei May 2014 #42
Latest Discussions»Latest Breaking News»Poll: Most Ukrainians wan...»Reply #33