Ukraine’s Rada Elections Bring Society to Brink of All Out War and Economic Collapse | Global Research
Ukraine is bankrupt and its economy is rapidly collapsing. It has been
promised billions in aid from the IMF and EU in return for the most
vicious austerity measures that will make Greece look like a picnic.
Industry and agriculture are suffering steep declines in production
while austerity measures will lead to huge cuts in wages and welfare
benefits. At the same time the rapid immiserisation of the masses is
worsening due to massive price increases in basic foodstuffs and
essential utilities such as electricity, gas and water.
