Russia Ukraine war, page-242423

  1. 23,171 Posts.
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    There has been much ado on this thread about the expected
    economic impact of Western (US lead) economic sanctions
    on Russia and the expectation that not only would these sanctions
    render Russia incapable of conducting this war while maintaining
    a massive Nuke arsenal but ultimately creating social upheaval
    in Russia to debunk the Putin regime (As Dickins might say "Great Expectations),
    but in typical aggressive Western style,
    no one has asked the question:
    "Can the US afford to be the major economic backer of this war
    and the Israeli Arab war on the credit card when its debt is
    already $35.7 Trillion and if Trump is elected that will
    baloon to a staggering $50 Trillion + over the next 4 years
    ($43 Trillion if Harris is elected.)

    And most of this massive mountain of debt has been
    accumulated during a good US economy. It begs the
    question how will the US be should it hit another GFC style recession?

    IMO ongoing massive US financial support is needed by
    the Ukraine in order to maintain the status quo, let alone
    win this war!

    PS: US budget is currently running at minus $2 Trillion (+ or -)
    for this financial year and has been doing so annually since 2016.

    https://hotcopper.com.au/data/attachments/6521/6521271-708285c5c1e549865a7750c4c98f8467.jpg
    (source: the Morning Brew 9th Oct)
 
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