From today's WSJ:
The Obama administration worked Sunday with the European Union to forge a much-needed financial bailout of Ukraine, but also extended an olive branch to Russia by inviting it to join the effort.Emphasis mine for obvious reasons.
Ukraine is reported to have a serious debt problem, but it looks to be about 1/5 of Japan's.
Their lending rate is really high, though.
There's no question that something nasty has been going on in the Ukrainian economy leading to unrest. It's fortunate that we can still print money and hand it out. When the ability to do that comes to an end, places that go up in flames like Ukraine did last week are going to be on their own.