Ukraine’s economy is like patient attended by quack doctors

By Vladimir V. Sytin
The Ukrainian Times

According to parliamentary opposition leader Yuri Boiko, the puppet government of Ukraine has become a mere appendage to the International Monetary Fund. He thinks the IMF shock therapy mafia is destroying the real sector of the economy, small and mid-sized businesses.

In fact, mining and chemical industries decreased output by 24.5% and 21.4% respectively in January-June, compared with the same period last year. Metallurgical plants and metalworking industry enterprises reduced output by 25.8% in the first half of this year. Export to the European Union fell by 33.5%.

Many observers agree that the Ukrainian economy is like a patient attended by quack doctors (read: IMF) – doomed to get sicker from their quack “cures”. Today’s economy depends on large doses of cheap IMF loans. And like morphine, the Ukrainian neo-Nazi regime has to up the dosage just to stay in the same place. Take away the drugs, and the pain rises.