Ukraine may have bankrupted Britain
Aangirfan@Aangirfan
The UK's money has gone to the Kosher Nostra in Ukraine?
Anonymous -
Investment strategist Alex Krainer, on how Ukraine may have bankrupted Britain:
https://alexkrainer.substack.com/p/the-coming-collapse-of-britain
'Today, large segments of British society are slumping into Dickensian era poverty.
Gordon Brown in the Guardian:
"Britain is in the throes of a hidden poverty epidemic, with the worst-affected households living in squalor and going without food, heating and everyday basics"
Britain might be facing an imminent financial crisis which could accelerate her economic and social collapse ... probably as a consequence of Ukraine’s debt default.
Britain seems to have gone 'in over her head' ... In addition to providing at least £7.5 billion in military aid, Britain gave another £5 billion in financial support ... Britain also guaranteed multiple tranches of World Bank loans to Ukraine
A World Bank official involved noted that Ukraine was facing bankruptcy. He added that the World Bank did not provide its own funds for Kiev, but 'took advantage' of guarantees from two of Ukraine’s donors, Japan and the UK. But Ukraine is now unable to service her mounting foreign debts.
12 July 2024 - Ukraine negotiations with bondholders start, Ukraine advised by Rothschild & Co
19 July 2024 - Zelensky addresses Starmer's cabinet
22 July 2024 - Panic at the Bank of England? Victoria Saporta, Executive Director of the bank’s Markets Directorate suggested that the bank would need to accept a “broader range of assets” as collateral.
What is clear from the BOE’s language is that the bank is now anxious about Britain’s financial system collapsing, and it has resolved to avert the collapse by loosening its credit standards and accepting junk quality collateral - even Ukraine's bonds - in exchange for cash.
This is the clearest possible sign that the system came to the verge of collapsing.
31 July 2024 - Zelensky suspends debt repayments on Ukrainian bonds
The BOE has estimated it will require the Treasury to transfer a total of £150 billion by 2033 to cover expected losses ... this sum represents nearly £10,000 per employee working in the private sector.
Britain’s not so excellent misadventure in Ukraine tore the last shiny fragment from her democratic façade. Now that their ship has sunk in Ukraine (and in the Middle East) ...
The UK will likely make all the mistakes made by other powers in that similar position through history: it will suffocate its domestic economic growth by imposing hard austerity.
The coming collapse of Britain
“Everything points… to a horrific cliff-edge looming… an avalanche of debts, defaults, evictions and unpaid bills to follow.”
(Vote SNP)
posted by Anon @ 00:06
2 Comments
2 Comments:
Ukraine hasn't bankrupted anyone. Ukraine didn't give itself the money or weapons, WE gave them the money and weapons. So, by definition we bankrupted ourselves.
Whilst we are at it, Ukraine didn't allow 100,000s if not millions of feckless criminals to invade us. WE did that. A country without borders isn't a country. These feckless criminals eat 3 times a day and need housing and money. They ain't free.
Ukraine didn't impose lockdown on us, WE did that to ourselves. A conspiracy of monstrous proportions straight out of a Pabloists playbook.
Ukraine didn't bailout our failing banks in 2008, WE did that. A theft on a scale unheard of in history at that time. A corporate money grab after pretending their Babylonian money making scheme and FIAT currency had collapsed or needed recapitalised. The Government being the promissory to their paper printing scheme.
The money has been stolen, repositioned, wasted and pissed up against a wall for decades. FIAT money is a Babylonian illusion where pieces of paper are given a value based on the sale of debt. There has not been a single FIAT currency that has been a success in the whole of history. The US dollar and the GBP will prove to be no different.
Once the controlled demolition takes place and the currencies fail as has been decided, the CBDC that awaits our new Blockhained existence has been planned just as long as the controlled demolition.
May as well set the narrative of 'over leveraged' now, it gives the excuse and opportunity to blame the Russians 'because of the war'.
All planned with clownworld oblivious as to our collective fate. It could be worse...... it's not the debt we need concern ourselves with, it's the lack of food - we can't eat paper money!
The new government will be the most ultra-Labour administration the British have ever seen. All the worst aspects of taxation, austerity, lush public spending on vanity projects, huge union pay rises, floods of migrants bankrupting the social funds, councils reduced to skeleton services only, armed services vanishing, poverty across the working classes, and of course, the Labour leitmotif, rubbish bins will not be emptied. The Winter of Discontent of 1978-79 will look like a festival of competence in comparison. And it's all planned and scheduled.
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