US Rushes $20 Billion “Loan” to Ukraine

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On Tuesday, the U.S. Treasury Department said it transferred the $20 billion U.S. portion of a $50 billion G7 loan for Ukraine to a World Bank intermediary fund for economic and financial aid to the country.

The money forms a significant chunk of the $50 billion in new loans finalized by the Group of Seven advanced economies in October, aimed at helping Kyiv keep the war going as troops and civilians are killed.

Obviously, the “loan” will never be repaid.

Did they send it in gold on pallets?

“The $50 billion collectively being provided by the G7 through this initiative will help ensure Ukraine has the resources it needs to sustain emergency services, hospitals, and other foundations of its brave resistance,” she added.

[We are also supporting their bureaucrats and their pensions.]<


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JBnID
JBnID
5 months ago

What did we get as collateral? What if we don’t want it?

Jack Fanning
Jack Fanning
5 months ago

Stop paying the Nazis to fight the commies.

ThinkAboutIt
ThinkAboutIt
5 months ago

Who controls the purse strings here? What ever happened to Congress authorizing spending? Now we are giving out loans? I hope Trump calls in these loans or at least secures a great big piece of Ukraine. Maybe we can sell it to Russia. No war and Russia gets the ethnic Russian parts of Ukraine. It’s a real win-win.

Sua Sponte
Sua Sponte
5 months ago

US Rushes $20 Billion “Loan” to Ukraine

Citizens of Hawaii, NC, and Ohio can suck it…..

Getting in those last minutes of grifting, payoffs, and money laundering while the gettin’s good.

Last edited 5 months ago by Sua Sponte
Monica
Monica
5 months ago

First, We shouldn’t be given any money to Ukraine. We shouldn’t be involved in this war it’s none of our .business! And who the hell are G7 to say we need to loan Ukraine money? How does Joe Biden even have the authority to loan Ukraine $50 billion? Joe Biden is insane and he needs to be put into a mental institution. He shouldn’t be making any decisions because he has no brain. Also, Foreign aid needs to stop. Since we don’t have enough money for the people that live here we need to stop all Foreign aid and take care of our own people.

Peter B. Prange
Peter B. Prange
5 months ago
Reply to  Monica

Thank you!