Monday, February 16, 2009

Gloomy predictions

Failure to save East Europe will lead to worldwide meltdown, according to this analyst

"The unfolding debt drama in Russia, Ukraine, and the EU states of Eastern Europe has reached acute danger point....If one spark jumps across the eurozone line, we will have global systemic crisis within days. Are the firemen ready?"

No doubt president Yushchenko will moan it was all Yulia Tymoshenko's fault..


Anonymous said...

I agree. the stablity of Eastern Europe including Ukraine is crucial`for world security. If things are allowed to deteriorate further without financial assistance then Ukraine runs a serious risk of not just financial default but also overall social collapse. Reports from all my friends and associates are showing a major return to social unrest and disorder similar to that which followed the 1998 financial collapse. Ukraine is not helped by a head of state who constantly undermines Ukraine's social stability and economic development.

Anonymous said...

Nor is it helped by a PM who holds her own interests above those of the Country she is to serve. Her refusal to accept IMF reccomendations has put the cabash on the financial assistance you speak of. Yushchenko should not have stopped at just criticizing this inept women, he should never have elevated her to the position of PM in the first place.

Anonymous said...

Yushchenko has become part of te problem and his policies of division and destablization is bot helping

What has not yet been reported on this site was the resignation of Ukraine's National Security and Defense Council (NSDC) Secretary Raisa Bohatyriova. Her resignation cam as a bit of a surprised and it is rumored that it has followed on from her disagreement with Victor Balaho who has been advocating Yushchenko declare a state of emergency and impose presidential rule.

If this was to happen then Ukraine would face collapse and civil disorder.

A prolonged and destructive presidential campaign is not in Ukraine's best interest.

The best and only solution now is for Yushchenko to resign and for Ukraine to decide via the ballot box who is best to provide leadership and direction for Ukraine.