The level of chutzpah on display here is out of this world. The best part is that I can absolutely see EU governments going with it in the middle of stagflation unseen since at least the 70s. They better hurry though, because in a year, that $750 billion will be worth half as much as it is now, if we're lucky.
Oh, btw: The entire Marshall Plan to rebuild a half of western Europe cost $13 billion - or $115 billion in 2021 dollars. Zelensky is asking for 6.5 times as much to "rebuild" fairly chunks of a single country that was one of the poorest ones in Europe before the conflict started.
The fact they're demanding - not asking, but outright demanding - money for "rebuilding" regions that are under Russian control is just the rotten cherry on the shit cake.
Bow to your overlords and their very serious plan where who pays for what was determined roughly the same way Vice determines their next article subject matter: https://files.catbox.moe/i73223.jpg
At least they finally gave up on Crimea I guess. Heh.
And for a more contemporary comparison, only America spent over $2.26 trillion on Afghanistan, one of the poorest countries in the world with a much smaller population.
Along with Iraq it was more than $6.5 trillion (only America).
Afghanistan has like 2 trillion of rare materials deposits discovered by the Americans in 2010, who then didn't touch it in any way. It's just not the American way (cue a bald eagle doing a hawk screech), whatever the tards who actually believed Iraq was about "blood for oil" like to say.
America also literally built South Korea into the global high tech powerhouse. Before the ridicalously massive investment in the 1960s the SK economy was worse than NK's.
In the last six decades, South Korea has grown from a war-torn nation mired in abject poverty and dependent upon US aid into one of the world’s leading industrial nations. In the span of one lifetime, a nation where hunger was often commonplace has largely eliminated poverty and now boasts some of the world’s most successful companies: Samsung, LG, Hyundai, and Kia.
In the aftermath of the Korean War, South Korea was in ruins. Much of the industrial capacity on the Korean peninsula built up during the Japanese occupation in North Korea, along with much of the mineral wealth. The state of sanitation was so dire that children often had to be sprayed with DDT by American soldiers to kill lice. The prospect that South Korea would develop and not require continued US assistance was seen as so grim that General Charles Helmick, the deputy military governor of the US occupation forces, said that “Korea can never attain a high standard of living. There are virtually no Koreans with the technical training and experience required to take advantage of Korea’s resources and effect an improvement over its rice economy.”
General Helmick’s skepticism could be seen in South Korea’s own imports. During the 1950s, South Korea was heavily reliant on foreign aid, which financed 70 percent of its imports. The majority of this was financed through US foreign aid, with a small portion of support also from the United Nations, with “three main objectives: to prevent starvation and disease, to increase agricultural outputs, and to provide essential consumer goods.” As a result, very little of South Korea’s imports during this period were focused on acquiring the capital goods and technology needed to move the economy beyond being an agricultural exporter. In the long run, that was unlikely to be a promising path to development. With a rugged and mountainous terrain, South Korea lacks the arable land. As a result, modern-day South Korea imports upward of half of its food.
While some measures were put in place during the 1950s, a major shift in South Korea’s economic policies occurred in the 1960s after Park Chung-hee’s coup in 1961. While the new government put in place an export-oriented economic policy designed to begin developing South Korea’s industrial base, it faced many of the challenges of the prior government. There was a lack of capital to finance the basic infrastructure that would be needed for development. At the time, South Korea produced less electricity as a whole than Ford Motor Company did in Detroit.
The first-to-develop Japan also helped a lot. As did the war in Vietnam, including SK trade with South Vietnam.
The level of chutzpah on display here is out of this world. The best part is that I can absolutely see EU governments going with it in the middle of stagflation unseen since at least the 70s. They better hurry though, because in a year, that $750 billion will be worth half as much as it is now, if we're lucky.
Oh, btw: The entire Marshall Plan to rebuild a half of western Europe cost $13 billion - or $115 billion in 2021 dollars. Zelensky is asking for 6.5 times as much to "rebuild" fairly chunks of a single country that was one of the poorest ones in Europe before the conflict started.
The fact they're demanding - not asking, but outright demanding - money for "rebuilding" regions that are under Russian control is just the rotten cherry on the shit cake.
Bow to your overlords and their very serious plan where who pays for what was determined roughly the same way Vice determines their next article subject matter: https://files.catbox.moe/i73223.jpg
At least they finally gave up on Crimea I guess. Heh.
And for a more contemporary comparison, only America spent over $2.26 trillion on Afghanistan, one of the poorest countries in the world with a much smaller population.
Along with Iraq it was more than $6.5 trillion (only America).
You say that like wasting money in Afganistan is a good thing. America needs to be looting Ukraine, not rebuilding it.
Afghanistan has like 2 trillion of rare materials deposits discovered by the Americans in 2010, who then didn't touch it in any way. It's just not the American way (cue a bald eagle doing a hawk screech), whatever the tards who actually believed Iraq was about "blood for oil" like to say.
Shh, don’t interrupt their little “Muh Ukraine is Nazi Germany and Putin is based god” circlejerk!
They’d rather keep their frankly bizarre delusion that Ukraine is the “bad guy” here going, lol…
Which is frankly rather sad.
Frankly frank you're a Frank.
You sound like an senile old man.
America also literally built South Korea into the global high tech powerhouse. Before the ridicalously massive investment in the 1960s the SK economy was worse than NK's.
The first-to-develop Japan also helped a lot. As did the war in Vietnam, including SK trade with South Vietnam.