Economy
In reply to the discussion: Weekend Economists Waiting for Godot March 7-9, 2014 [View all]Demeter
(85,373 posts)The mega-bankers thought this whole Ukraine coup would just be an unmitigated cash cow for them. With a Harvard educated technocrat replacing the democratically elected, and less than cooperative, Yanukovich, they knew the Ukraine would be a gold mine for vulture capitalists like Mitt Romney's "Baine Capital." Added to that, they imagined, would be the boost to their World-wide "austerity" strategy which would accompany a U.S. installed "interim government" agreeing to the IMF's radical budget cutting demands.
Instead they now may face non-repayment of their sizable loans to Russia and her allies, as well as the loss of any future profits from those sources. This is why Business Administration majors at U. S. Universities should be required to take a few hours of World History before receiving their degrees.
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