Hudson, ever astute, points out what many in the economics world of the West wanted to always ignore.

In addition to having to subsidize domestic European gas to prevent widespread insolvency, a large proportion of German Leopard tanks, U.S. Patriot missiles and other #NATO “wonder weapons” are being destroyed in combat against the Russian army. It has become clear that the U.S. strategy is not simply to “fight to the last Ukrainian,” but to fight to the last tank, missile and other weapon being deleted from NATO stocks. This depletion of NATO’s arms was expected to create a vast replacement market to enrich America’s military-industrial complex. Its NATO customers are being told to increase their military spending to 3 or even 4 percent of #GDP. But the #weak performance of U.S. and #German arms on the Ukrainian battlefield may have crashed this dream, while Europe’s economies are sinking into #depression. Source

Exactly! And, in the end, in warfare the reputation of weapon systems matters and the US military-industrial complex has been finally exposed.
#economy
#investment in #war mostly makes a lot of #money