If Ukraine is winning, what does losing look like? From Patricia Adams and Lawrence Solomon at theepochtimes.com:
“Against all odds, Ukrainians are winning,” The Washington Post told us in March, less than one month after the Russian invasion. Ukraine has continued to win, week after week, month after month, the Western press has since relentlessly reported. A Google search of “Ukraine is winning” turns up 168,000 results, most of them confirming Ukraine’s success. This week was no different: “Ukraine is ‘winning’ against Russian army,” stated Sky News Australia.
Here’s what winning looks like.
According to the International Monetary Fund, Ukraine’s GDP will shrink by 35 percent in 2022.
According to the National Bank of Ukraine, inflation will exceed 30 percent. With Ukraine paying for its war effort by printing money, its inflation is expected to continue to increase.
According to the World Bank, poverty in Ukraine has increased 10-fold since the start of the war, and could increase to 25-fold by the end of year.
According to Ukraine’s economy minister, unemployment could reach 30 percent this year. In some industries, states the European Business Association, wages have been cut by 50 percent. According to Ukraine’s Prime Minister Denis Shmigal, Ukraine is so broke that without urgent relief from the West, Ukraine could end up “not paying wages and not paying pensions.”
