Sunday, 21 July 2024

JD Vance was the author of the best analysis of the Ukraine war by far

Mea culpa!

JD Vance did vital, basic calculations showing the maths does not add up for NATO winning the war against the Ukraine, suggesting he can also do the basic calculations to get the American economy back on track especially quickly if the Federal Reserve is renationalized, debts are cancelled and federal taxes abolished.

Not only would this be huge popular with all voters, it would simplify economic models for restoring prosperity to the USA because the factors of gigantic US personal, corporate and government debt and ever changing interest rates would be removed from the equation

https://www.zerohedge.com/military/us-japan-patriot-missile-production-hits-snag-shortage-boeing-part

From the NYT

Consider our ability to produce 155-millimeter artillery shells. Last year, Ukraine’s defense minister estimated that the country’s base-line requirement for these shells was over four million per year but that it could fire up to seven million if that many were available. Since the start of the conflict, the United States has gone to great lengths to ramp up production of 155-millimeter shells. We’ve roughly doubled our capacity and can now produce 360,000 per year — less than a tenth of what Ukraine says it needs. The administration’s goal is to get this to 1.2 million — 30 percent of what’s needed — by the end of 2025. This would cost the American taxpayers dearly while yielding an unpleasantly familiar result: failure abroad.

https://www.nytimes.com/2024/04/12/opinion/jd-vance-ukraine.html

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