Australia's largest stock trading and investment forum Australia's #1 stock forum

14 million Ukrainians on welfare at say $100/week our Peso is...

First 214297 Last

Share
Profile

Follow
moorookamick

21,996 Posts.

769

15/04/24

05:40

Post #: 73340772
Share

Originally posted by Cosmoterios: ↑

The EU $50B over 4 years is not enough to pay for all the pension, welfare, hospital and military needs of Ukraine.

With the US election coming up, it will be hard for their Congress to send new money to Ukraine; their own constituents will be asking why they are helping Ukrainian with social welfare and hospital needs, when average US citizen struggle to survive and can't pay for hospital care.

I can see the election slogan already "American first"

So the EU will probably bend the rule and allow the $50B to be paid in one year. That might keep the Ukrainian going for 6 months.

After that, the money pot will be empty.

Maybe they will grab the $300B in frozen assets. Of course, that will have its own financial consequences for both EU and US economies.

Expand

14 million Ukrainians on welfare at say $100/week our Peso
is $1.4 Billion AUD/week or $70.8 Billion AUD/ P/A and that
does not account for running health, education police
and other arms of Government.

I agree that the US Populists will want "America First" in
the lead up to the election so the Pentagon/CIA will be stretched to
find lollies to keep the Ukraine economy solvent

Perhaps they'll dream-up another Ollie North scheme ?
2 Upvote

Reply

There are more pages in this discussion • 2,340 more messages in this thread...

First 214297 Last