
Press TV: Ukraine’s Economy is Going Down
Forecast looks grim.
On Press TV discussing Ukraine’s economic state of affairs: hyrvna down by 50% to the dollar, inflation up by 21% in November, new budget means major cuts for social programs but 5% of GDP will go to arms, cost of living is going up. Hard cash reserves and gold were embezzled or disappeared. Next year Ukraine’s economy will continue to go down the drain, making more war more likely, as the government will blame Russia for the troubles and people will radicalize due to their low finances.
http://www.dailymotion.com/video/x2dqghi_ukrainian-economy-contracted-7-5-by-end-of-november_news