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View Diary: Russia Throws Rhetorical Gauntlet On Ukraine (64 comments)

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  •  I read somewhere yesterday that Ukraine's debt (1+ / 0-)
    Recommended by:
    Richard Lyon

    is held overwhelming by Russian banks, perhaps the EU could start by buying them out?

    this is going to be such a mess...

    We're shocked by a naked nipple, but not by naked aggression.

    by Lepanto on Mon Feb 24, 2014 at 01:45:33 PM PST

    •  The western banks (0+ / 0-)

      don't have any exposure. They will not likely support the EU and US spending large sums on Ukraine.

    •  Default best then!! (0+ / 0-)

      Since Russian banks no doubt hold the ill gotten gains of Yanukovych  and his oligarch sons, no doubt they can take the loss. Putin can always pay them from the billions he was bribed for contracts for the Sochi Olympics.

      "Come to Sochi, visit the gay clubs and play with the bears" - NOT a Russian advertising slogan.

      by Lib Dem FoP on Mon Feb 24, 2014 at 01:57:56 PM PST

      [ Parent ]

      •  Gas (0+ / 0-)

        If Ukraine gives Russia the economic finger, Russia cuts off gas supplies to Ukraine -- and the Ukraine freezes in the dark.  THey are totally dependent on Russia for energy, while in the last decade Russia (and Germany and Turkey) have been frantically working on pipelines to the north and south of Ukraine, so Ukraine is less important for transiting gas now -- very one sided dependency on Russia.

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