UKRAINE CURRENCY COLLAPSED 50% IN 2 DAYS: SO WHAT?

UKRAINE CURRENCY JUST COLLAPSED 50 PERCENT IN 2 DAYS (Washington Post)

Why the sudden collapse?

Ukraine’s economy is being deliberately destroyed by the West in the hope that it would be rebuilt by the western multinationals.

This is what happens when to countries which align themselves with the US-led New World Order. Ukraine is now on the old familiar road from destruction to slavery.

With “friends” like that, who needs enemies, right?

Do countries like Iraq or Afghanistan come to mind? Or Bosnia? Or Vietnam before them? Or South Korea? Or Germany? Or…

Whatever the New World Order touches first turns to ruin. So that it could be “saved” (i.e., enslaved) by the New World Order corporations.

I’d better stop this backward journey in history because we might end up in London and Queen Victoria. Or King George III before her.

PERPETUAL WAR FOR PERPETUAL COMMERCE (real New World Order slogan)

Back to today’s reality, here’s what the Washington Post columnist said about the reasons for the destruction of the Ukraine currency:

“Now let’s back up a minute. Why is Ukraine so doomed? Well, it’s been mismanaged on a world-historical scale by oligarchs who, for decades, have skimmed billions off the country’s nonexistent growth. That last part’s not hyperbole. It seems almost impossible, but Ukraine’s economy has actually shrunk since communism ended in 1991. Or since 1992. Or even 1993. And now its not-so-cold war with Russia is destroying the little that’s left.

It’s not just that the rebel strongholds in the factory-heavy east have deprived Ukraine of a quarter of its industrial capacity. It’s that it can’t afford to fight against what’s still it’s biggest trading partner—Russia.

Think about that. You don’t usually trade a lot with the country you’re going to battle against, but Ukraine’s economy is so dependent on Russia’s that it still trades more with it than any other country. That means anything that hurts Russia, like lower oil prices or sanctions, just redounds onto Ukraine, and puts it in an even bigger financial hole.”

Read more…

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/02/06/ukraines-currency-has-fallen-50-percent-in-two-days/