Russian, US and even Ukrainian officials have admitted that Kiev would collapse into financial ruin if Western powers stop sending military and economic assistance to the country to continue the war against Russia. That moment appears to be approaching.
The Wall Street Journal has crunched some numbers on the Ukrainian crisis and concluded that Ukraine might have to resort to drastic measures if Western support stops flowing.
Pointing to “dwindling” Western financial assistance; lesser interest in continuing to fund the proxy crisis; and Russia outguning Ukraine militarily and economically, the outlet warned that “without sufficient support, Ukraine may have to resort to painful spending cuts or even printing money to fill its deficit” to keep the lights on and the war effort going.
Such a policy “would pose a grave risk to the health of its economy,” the newspaper said, hinting at the danger of hyperinflation which traditionally hits countries that print money to try to fill budget gaps.
Poster Comment:
From the brilliant minds of Hunter and Joe Biden.