Circling back….
Ukraine owes Vladimir Putin $3 billion, and Putin is demanding payment.
Bank of America Merrill Lynch reports that the IMF will be stepping in to provide Ukraine with the requisite funds to make Vladimir Putin ‘whole,’ and to de-stress the situation:
The $3bn Russian bond is included in debt restructuring, but Russia will not participate in debt restructuring and will either be paid $3bn from reserves in December or there will be a political decision to agree on an extension, likely without haircuts. We believe the $3bn bond is likely to be classified as sovereign debt and the IMF would likely be forced to pay it (as a holdout) in order to continue the program in December. Source: ZeroHedge 8-28-15 Putin To Get $3 Billion From US Taxpayers After Ukraine Bond Debacle
And so, here we have the U.S. government, funneling U.S. taxpayer dollars through the IMF fire-hose to Russia’s Vladimir Putin … to help restore Putin’s ‘financially health.’
If the U.S. government can spurge on behalf of Vladimir Putin, funds which it will not get back, then the Federal Reserve can also grant U.S. citizens the same access (to their own money) that has been provided to Mr. Putin – to allow U.S. citizens to regain a measurable degree of their own ‘financial health.’
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