Ukraine Enters The Endgame

Back in March 2014 we forecast that it in the aftermath of the US State Department-sponsored coup in Kiev, it was only a matter of time before Ukraine (all of its sovereign gold having since "vaporized") succumbed to full blown hyperinflation and economic implosion. Less than a year later, precisely this outcome has finally played out, and as a result, the entire nation has finally entered its economic endgame, which has two conclusions: either it joins Greece in becoming a ward of Europe and the IMF (thank you Joe Q taxpayer), or it quietly fades away into insolvent "failed state" status.

This is in a nutshell the assessment by Goldman Sachs, presented below, which really doesn't say much we didn't cover earlier in "Ukraine Enters Hyperinflation: Currency Trading Halted, "Soon We Will Walk Around With Suitcases For Cash", but which does lay out the alternatives for yet another nation brought to ruin through American neo-colonial expansion, in what may well be a record short period of time. Of these, the primary ones focus on yet another IMF bailout which the agency may find some resistance to as a result of the near-total collapse of Greece at the same time. SNIP-

Should the IMF fail to provide the much needed funding (and as of this moment the days of merely jawboning its support for the central banks are finished since Russia will once again shut down its gas to Kiev unless it is paid in full and upfront), this is what happens: "the Ukrainian authorities could tighten FX controls further. -SNIP-

Hence our question to Ukrainians: was the coup worth the economic disintegration of your nation, and leaving your faith in the hands of the US, whose recent global intervention case-studies include such sterling examples as Libya, Egypt and Iraq?

I tried to do business in Ukraine 10 years ago. It was like Russia with no rules. Everybody had a pistol in their desk. Everybody was stealing with both hands. All the government energy companies were run by boys who held office for 6 months while they stole stuff. Members of parliament, immune from prosecution, openly stole Production licenses for oil and gas fields they did not own. Corruption was pervasive. Stealing from Russian gas was their favorite hobby. Ukraine’s Orange Revolution was also a CIA planned affair, trying to tilt the country toward the EU, and the citizens were so busy stealing, they never cemented the EU connection. Russia has been exploiting that weakness ever since. The East part of the country is more Russian in ethnology and language: Donetsk, Maruipol, Lugansk - all the way west to Poltova, really these areas are full of the Russian defended cossacks. Putin will grab the entire Dneiper-Donetsk oil and gas basin, the one Biden’s son tried to grab for shale fracing.

“So, Goldman Sacs is a “Putinista”?”

No, you and your anonymous author of the article are the Putinistas disseminating an avalanche of lies, distortions, and misrepresentations. There is nothing in that article concerning Goldman Sachs other than their analysis of the Ukraine’s currency problems.

The Ukraine’s currency problems were created by more than a century of wholesale criminal corruption and mismanagement of the Ukraine’s economy and financial system by the predominantly ethnic Russians of the Ukraine and Russia who have exercised overwhelming control of the Ukrainian economy up to the present day. It is laughable to watch you try to ridicule the Ukrainians for having a bad economy created and maintained predominantly by Russian masters at the point of a gun and then try to justify the inexcusable Russian attempt to once again kill thousands to millions of Ukrainians, who only to keep the Russians from committing yet another theft of the nation, the economy, and the culture of the Ukraine.

Your continued efforts to victimize the Ukrainians as they attempt to end this continued Russian oppression of their nation is despicable and inexcusable. Your attempt here to pretend Goldman Sachs is a party to your Putinista author’s deceptive misrepresentation is yet another strawman argument.

Zero Hedge is nothing more than a Bulgarian nutjob publication with a reported criminal background...See Post 42...

“Accusations of plagiarism. Tyler has a habit of taking other people’s research, sometimes adding a slant to it of economic doom if it isn’t there already, and posting it on Zero Hedge.[13]...Lawyers were sent with takedown notices...Morgan Stanley had the same issue later...About the author...Ivandjiiski’s history is a little odd, since he moved to the United States from Bulgaria...It is interesting to note that in 2005, while working for Miller Buckfire, he was barred from working in the broker-dealer business due to insider trading amounting to $780...Dan denies that he founded the site, but he claims no other profession and to be the primary author of a number of the articles. He claims he writes with a staff of up to 40 other writers that work for Zero Hedge. However, secrecy is paramount in case They find out...”Creative” journalism is apparently not out of place in the Ivandjiiski family either. His father Krassimir Ivandjiiski runs a cranky tabloid called Bulgaria Confidential...Allegations of “pump and dump” involvement....”

Now, do you still want to pursue the legitimacy of the editorial policies of Zero Hedge?

“The ignorant thing, is that had the Maidan bomb throwers simply waited a year, about now was time to elect a new president.”

The crisis was precipitated by Russia and its agents within the Ukrainian government and Ukrainian businesses and the kleptocrats, Russian and Ukrainian, they used for their business and criminal activities. The Ukrainian people have been forced to wait for a century and longer to gain some degree of mastery over their own homeland and its economy. Russians have systematically looted the Ukraine for generations, and the promise of ending that Russian looting of the Ukraine was seen to be in jeapordy when the Russians used massive vote fraud, especially in the eastern oblasts, to engineer several coups by fraudulent elections.

The last straws that broke the patience of the Ukrainian people came together in recent years as the Russians and former communists in the Party of Regions and otherwise facilitated a reign of terror against their opponents. This included Yanukovych and his ministers conducting the kidnapping, torture, assassination, and murder of journalists and political opponents before they could have an effect in the latest political corruption investigations, elections, and foreign trade agreements.

The Russian FSB and Russian agents leading the Ukrainian SBU provoked resistance as they carried out these covert and criminal assaults upon prominent Ukrainian and Russian-Ukrainian opponents. Each time Yanukovych and his Russian supporters attempted to push the Ukraine into a more integrated relationship with Russia the more alarmed the Ukrainian people and opponents became. The more alarmed the Ukrainians became about being pushed into more Russian domination of the Ukraine, the more the Ukrainians reacted with a need to abandon non-alignment in favor of EU and NATO affiliation before Yanukovych and his Russian masters could force the Ukraine and its people into the full control of Russia and its kleptocrats. So, when Yanukovych and his administration attempted to annul the people’s voting results and will to adopt ties with the EU as a means of escaping Russian domination, the Maidan protestors abandoned all hope the Ukrainian’s elected officials in the parliament and their legislation keeping the Ukraine out of Russian domination would ever be respected by Yanukovych’s administration. Their estimate has since been proven to have been correct, because Putin and Russia had already given the go ahead to conquer as much of the Ukraine as possible by armed force when their plans for political subversion through Yanukovych failed with the Ukrainian parliament’s adoption of closer ties with the EU.

In other words, it made no difference in the end whether or not the Maidan protests took place, because Putin and Russia had already decided to attempt the conquest of the Ukraine and other territories needed to realize the imperial ambitions of their long stalled Novorussiya project. The only how and when the conquests were to be made and the details of when and where the inevitable Ukrainian resistance was to be bloodily crushed by armed force.

“They could have simply organized and had a campaign.”

No, because the election campaigns had been increasingly corrupted by the Russians in each election, so Yanukovych’s deal to join Russia instead of the EU forced them to act before Yanukovych and Putin could commit the Ukraine to what was seen as a virtually irreversible subordinate victim of Russian control and looting. Only immediate elections could forestall the Russian moves against the Ukrainian sovereignty.

“They seem to win about every other time, and had a fair shot to do so in 2015.”

On the contrary, there was no shot at holding a fair election, just as we saw I the fake DNR and LNR elections in 2014.

“All of this could have been avoided, thousands of innocent lives spared, and Kiev wouldn’t be covered in Nazi soot.”

Kiev is not “covered in Nazi soot”, which is an all too obvious Russian line of false propaganda. The Ukrainian Fascists hold virtually no power in the Ukrainian government, whereas the Russian Fascists hugely outnumber the Ukrainian Fascists and are in overall control of the Russian Government and its policies of conquering Novorussiya.

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