As war rages, Ukraine faces a second invasion—one of debt, privatization, and resource plunder. Under the guise of aid, global powers are seizing its land and wealth, threatening its future.
Elizabeth Kucinich
February 27, 2025
Elizabeth Kucinich
February 27, 2025
Open pit mine. Credit: Evgeny_V via Shutterstock
The systematic plundering of Ukraine by international financial institutions and governments is underway. As history has shown in countless other countries, predatory terms will cripple Ukraine’s future, a continuation of war, by other means. This is colonization in action—not through military conquest, but through economic enslavement, that will bind Ukraine in perpetual debt and subjugation.
Ukraine is home to some of the world’s richest agricultural land and vast mineral deposits, including critical rare earth elements. Today, it is being sacrificed to the international community, its natural wealth placed on the altar of global capital. Her fertile land, water, and fragile ecosystems stand on the brink of exploitation—viewed not as living, sustaining forces, but as mere "natural resources" for extraction, debt collateral for creditors, and fuel for industrial appetites.
We will hear the familiar rhetoric of "green energy," "sustainability," and "digital transformation," but behind these words lies a brutal reality: a feeding frenzy cloaked in the language of progress. The word we should be screaming is STOP!
Ukraine is at a crossroads, trapped between war, crushing debt, and mounting pressure to privatize its land and resources. Its agricultural wealth and critical minerals make it a prime target for financial and corporate extraction. International predators are circling.
Ukraine is home to some of the world’s richest agricultural land and vast mineral deposits, including critical rare earth elements. Today, it is being sacrificed to the international community, its natural wealth placed on the altar of global capital. Her fertile land, water, and fragile ecosystems stand on the brink of exploitation—viewed not as living, sustaining forces, but as mere "natural resources" for extraction, debt collateral for creditors, and fuel for industrial appetites.
We will hear the familiar rhetoric of "green energy," "sustainability," and "digital transformation," but behind these words lies a brutal reality: a feeding frenzy cloaked in the language of progress. The word we should be screaming is STOP!
Ukraine is at a crossroads, trapped between war, crushing debt, and mounting pressure to privatize its land and resources. Its agricultural wealth and critical minerals make it a prime target for financial and corporate extraction. International predators are circling.
At the center of this crisis is a proposed U.S.-Ukraine rare earth minerals deal worth, we are told, up to $500 billion—a deal that would place a significant share of Ukraine’s resources under U.S. control, under the guise of post-war reconstruction and repaying Ukraine for America’s war-time assistance.
The battle for Ukraine’s sovereignty is not only being fought on the battlefield—it is being waged in boardrooms, debt agreements, and privatization schemes. If this course is not challenged, the lasting economic servitude will compound the war’s physical destruction.
The battle for Ukraine’s sovereignty is not only being fought on the battlefield—it is being waged in boardrooms, debt agreements, and privatization schemes. If this course is not challenged, the lasting economic servitude will compound the war’s physical destruction.
Read Elizabeth Kucinich's post on Substack.