NATO Secretary General Jens Stoltenberg is proposing to establish a fund of allied contributions worth $100 billion over five years for Ukraine as part of a package for alliance leaders to sign off when they gather in Washington in July.
Yeah, this is less the cavalry is here and more "we've committed 3 peanuts, which is better than no peanuts". It's probably enough to help Ukraine a bit, assuming they can agree to it and fund it as committed.
It's unclear if this is humanitarian, non-lethal or general military aid, from the non-paywalled section of the article.
I know NATO doesn't have unlimited resources, but given that this is an explicit proxy war with Russia, doesn't $100bn seem kind of paltry? That makes it appear that they're planning on continuing cash infusions from the US.
EDIT: I'm saying that the US can't be relied on to continue supporting the war effort because the GOP in particular has become increasingly opposed to funding it.
It'd be so much better for everyone if we just took all of the funding going to Israel and redirected it to Ukraine. And then we nuke Israel or smthn idk
might be chump change for you but likely its tied to Ukraine's conceivable ability to pay down such debt. although in reality it would likely be mostly written off when things quiet down.. especially since the moneys would be mostly spent on NATO military goods.
Well IIRC, for America, the funding money amount for Ukraine is usually just an estimate of the worth of already manufactured goods, mainly of weapons that we have stored that we weren't gonna use in the first place, and only a small portion of the dollar amount is stuff like clothes, food, etc. which would be seen as an actual cost to the US. We have sent Bradleys and M1 Abrams (and some European countries sent Leopard 2A4s? and Leclercs I think), but I'm pretty sure they weren't in use by the military and weren't planned to be upgraded for use any time soon (but I'm just guessing, I can't Google it rn, I may just be completely wrong on that).
This thing has already been going on for 2 years and Russia isn't pulling out. It's a war of attrition. First side to blink loses. NATO cannot lose Ukraine to Russia. Period.
Maybe a little. The US had a bill for providing 60bn so 100bn is quite a bit more, though maybe not significantly considering all the countries involved.
The problem NATO has with this proxy war can't be solved by printing money. The issue lies in the lack of industrial production in the west, and you can't just create a huge industry for producing weapons and ammunition out of whole cloth.
This will be a fantastic vehicle for pushing for austerity in Europe though. The oligarchs have been very upset that Europeans enjoy a social safety net and things like pensions. The need for massive military spending will be a perfect justification for stripping these rights away from the workers. Europeans are about to start enjoying American style freedoms.
Industrial production is not a significant issue the collective West has within the context of supplying Ukraine armaments and ammunition.
The issue is a lack of, or decline in, domestic political capital in key member states, cohesive unified policy, and a long term strategy.
Now, if the United States was completely removed from the equation, then industrial production capacity constraints, especially around munitions, may become a real issue.
Every dollar that goes to funding nazis in Ukraine for a war they have no chance of winning is a dollar that can't go towards funding genocide in the middle east. Of course that money should be going into public services instead, but as if they are ever going to allow that to happen.
EDIT: NATO nazis were fast to pounce on this one, HA!
That condescending tone of yours paints the whole Ukraine with a nazi brush. While I believe it does reach azov battalion, the vast majority of Ukrainian army and goverment are not nazis, despite what RT might call them.
In fact, I think funding to Ukraine should Increase so it can finally defeat Russia. Not only it would likely destabilize russian goverment, which consists of oil billionaires with a past of crime, corrupt bootlickers and, honestly, unapologetic nazis. But it also would disrupt russian funding for alt-right groups all over the world, which would be a major win against nazism.
That would have been a good point when the war was just started going, but we know better than that now. If you can't see what Ukraine was all about at this point than i'm afraid there's nothing I can say to change your mind.
If someone invaded your country, would you still have the same opinion? If Trump invaded your country(assuming you are not an american), would you still say "why are we spending billions to fight Trump, when we could have spent them on education and housing?".
If my country was a Nazi shithole then I'd have the same opinion yes. If my country was one of the most corrupt states in the world and run by a puppet fascist government of the USA, then yes, I'd have the same opinion. if my country's puppet rulers did everything they could to provoke an invasion and then cry about it then I wouldn't have any sympathy.
USA has active military bases with nukes pretty much all over europe, technically they already invaded my country. There's hundreds of USA military planes alone flying over europe daily. If russia, china or anyone else would give 100 billions to any corrupted fascist government in europe that would still be a bad thing because ultimately it wouldn't change anything for people.
I know, right? Like, who the fuck needs democracy and sovereignty? If they didn't want to be part of Russia, then they should have just said so. Has Velinsky tried talking to the justly elected Putin? This 100 billion could be spent on rebuilding all the housing in Ukrane that was blown up by Russia DEFENDING its self from the Ukrainian troops invading Ukraine. This could be 100 billion dollars in food aid spread around the world in the form of Ukrainian grain shipments that have been stalled or sunk, but Ukraine has CHOSEN to stop shipping their grain by blocking their own barges and trucks.this could have been 100 billion dollars in CLEAN oil that Russia could have been exporting to help the world with energy, but instead will have to rebuild because the plants keep blowing up. If only there was a solution that would let the world move on and spend their money on better things. If only we would just give in to Russia and let them take what they want at the expense of others- then the world would be a better place.
I know, right? Like, who the fuck needs democracy and sovereignty?
Sending 100 billions to the corrupted government of a military state under martial law where no man between 18 and 60 can leave it's funding whatever is the opposite of democracy.
Seem like ukrainian government choose indeed something when they decided to play international war games. Not that this justify anything but keep in mind where these billions are going to.