Expect more separatist and ethnic violence after IMF victimizes Ukraine

Kurt Nimmo
March 3, 2014

Arseniy Yatseniuk, the central bankster PM of post-coup Ukraine, has signaled IMF-inspired fire sales are on schedule.

Yatseniuk: Ukraine will “collaborate” with IMF and the banksters.

On Monday Yats, as the U.S. State Department fondly calls him, said Naftogaz Ukrainy, the national oil and gas company of Ukraine, will be put on the auction block.

Ukrtransgaz, a Naftogaz Ukrainy subsidiary, operates the natural gas pipelines in Ukraine. The pipelines are used to transit Russian natural gas to eighteen European countries, including France and Italy. Naftogaz is the sole importer of Russian natural gas provided by Gazprom, the largest extractor of natural gas and one of the largest companies in the world.

Yats is also ready to impose IMF austerity on Ukraine, already one of the poorest nations in Europe. “Yatsenyuk is the kind of technocrat you want if you want austerity, with the veneer of professionalism,” Vladimir Signorelli, president of boutique investment research firm Bretton Woods Research LLC in New Jersey, told Forbes last month. “He’s the type of guy who can hobnob with the European elite. A Mario Monti type: unelected and willing to do the IMFs bidding.”

Mario Monti, also known as Super Mario, the former EU commissioner and Italian prime minister, pushed “emergency austerity” measures on the Italians in a bid to stave off the collapse of the EU’s fiat currency. Super Mario targeted pensions and imposed “a radical and ambitious package of spending cuts and tax increases,” according to The New York Times. Although the draconian measures restored “international credibility” – in other words, the measures were favored by the international financial elite –they resulted in a fierce backlash in Italy. A similar backlash will undoubtedly occur in Ukraine after Yats and the IMF impose austerity measures at the behest of Brussels and Wall Street. The nationalists now in control of the country will scapegoat ethnic minorities and Russia.

Signorelli notes that prior to the State Department engineered coup, Yats fell behind former heavyweight boxer Viltali Klitschko and Oleh Tyahnybok, leader of the ultranationalist and neo-fascist Svoboda Party. “But Yats had friends in high places and while he does not have strong support of the electorate, and would have no chance of winning an election, he is pro-IMF austerity and apparently the bulk of parliament is as well,” writes Kenneth Rapoza for Forbes.

While the now deposed democratically elected president, Viktor Yanukovych, resisted the IMF’s demand to raise taxes and devalue the currency, Yats was installed to make sure Ukraine and its public infrastructure, including its natural gas pipelines, are sold off to the banksters and their corporatist buddies.

“We saw this in the 90s and what the IMF did to Russia with Yeltsin. They’ll do that to Ukraine,” said Signorelli.

Ukraine, with its history of ethnic division, can expect more social upheaval and strife. “Remember Slobodan Milošević in Yugoslavia? After the IMF finished with Yugoslavia it was only a matter of time before the separatist movements gained traction,” Signorelli said. “I think things in Ukraine can get really really bad.”

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