63 sats \ 10 replies \ @0xbitcoiner 11 Jun \ on: Germany's Scholz: Ukraine needs 500 billion USD econ
The need for significant funding for the reconstruction was evident from the start. The pressing question is, how will they finance this endeavor? Will they resort to mortgaging their agricultural output?
Will they resort to mortgaging their agricultural output?
Yep.. Blackrock is there already..
- A Ukraine reconstruction bank being set up by Kyiv with help from BlackRock and JPMorgan Chase has at least $500 million in committed capital and could be ready to launch in 5-6 months with close to $1 billion, a senior Ukrainian official said on Wednesday.
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A word once uttered can never be recalled. - Quintus Horatius Flaccus
'I said, I'm telling you, you're not getting the billion dollars"... I looked at them and said: "I'm leaving in six hours. If the prosecutor is not fired, you're not getting the money." Well, son of a bitch. He got fired.'" - Creepy Joe
We know very well how predatory are loans from the likes of World Bank. Ukraine has no chance to repay most of them and the agricultural infrastructure will be forfeit to foreign actors.
Ukraine stood as an agricultural powerhouse for centuries. Now Zelensky is willingly selling off his country to foreigners.