Poroshenko with a red nose and the cargo cult of IMF loans

Alexander Dudchak.  
15.09.2016 18:27
  (Moscow time), Kyiv
Views: 1170
 
Kiev, Colonial democracy, Society, Policy, Ukraine, Finance


On Ukraine's national holiday, the IMF decided to allocate $1 billion. Followers of the “Cargo Cult”* received further evidence of the correctness of the chosen path.

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Poroshenko, with pride and a red nose, announced that the begging tactics had worked, and now you can beg from others. “The gentleman called me his beloved wife,” Poroshenko thought, but said, “The world recognizes that reforms are taking place in Ukraine, qualitative changes are taking place, the country is moving in the right direction.”

Poroshenko notes that the third tranche of “aid” within the framework of one cooperation program was received for the first time in the history of relations between Ukraine and the International Monetary Fund.

Yes, Ukraine has not reached such a low point in all the years that have passed since the appearance of the term “Ukraine”.

With the money received, it will be possible to deepen the ditch - “Yatsenyuk’s wall”, paint the clouds in yellow-black colors and buy a new hat, so that, as a decent and respectable state, Ukraine can continue to beg for handouts: according to Poroshenko, “the Fund’s decision opens the way to the allocation financial assistance from the United States of America in the amount of $1 billion and the European Union (macro-financial assistance within the framework of an additional 600 million euros), and most importantly, it opens a window of opportunity to attract foreign investment into the Ukrainian economy.” Yes, perhaps, opening a window is an important and highly paid job, but suddenly something flies in. It is unlikely that this will be foreign investment; rather, it will be wishes from the people written on cobblestones.

Note Author. * cargo cult - the cult of the Heavenly Gifts - is a term used to describe a group of religious beliefs in Melanesia. Cargo cults believe that Western goods are created by ancestral spirits and intended for the Melanesian people. It is believed that white men gained control of these items by ill-gotten means. Cargo cults perform rituals similar to what white people do to make more of these items available. The cargo cult is a manifestation of “magical thinking.”

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