– Shrinkage: Kiev doubles the price of cold water, shuts off hot water (Sovereign Man, June 23, 2014):
No one ever thinks about the water. Or the toilet paper, as it were.
But these are among the many, many staples that become luxuries when one’s nation is in crisis.
While the official reason for the hot water shutoff is that Kyivenergo (the energy supplier to Kiev) owes a debt to the Ukrainian state gas company (Naftogaz) of over $100 million.
It’s just a quirky little coincidence that this debt suddenly became materially important only one week after Russia shut off natural gas supplies to Ukraine.
Funny thing is that Ukrainian politicians for years had been telling people not to worry about this.