IMF Forgives Ukraine Debt to Russia

Should nation-states pay their bank debts to other nation-states? According to the International Monetary Fund it depends on the country. If you owe debts to the United States or Europe you have to pay. But if you are a member of the IMF, like Ukraine, and you owe money to another country that is not in the US or most of Europe, you don’t have to pay. Very noble of IMF to help Ukraine. Politically motivated? Of course not! Banks are above politics.

Read what Michael Hudson says about this

About Bruce Lerro

Bruce Lerro has taught for 25 years as an adjunct college professor of psychology at Golden Gate University, Dominican University and Diablo Valley College. He has applied a Vygotskian socio-historical perspective to his five books: "From Earth-Spirits to Sky-Gods: the Socio-ecological Origins of Monotheism, Individualism and Hyper-Abstract Reasoning", "Power in Eden: The Emergence of Gender Hierarchies in the Ancient World" (co-authored with Christopher Chase-Dunn), "Social Change: Globalization from the Stone Age to the Present", "Lucifer's Labyrinth: Individualism, Hyper-Abstract Thinking and the Process of Becoming Civilized", and "The Magickal Enchantment of Materialism: Why Marxists Need Neopaganism". He is also a representational artist specializing in pen-and-ink drawings. Bruce is a libertarian communist and lives in Olympia, WA.

View all posts by Bruce Lerro →

Leave a Reply

Your email address will not be published. Required fields are marked *