#weak
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
A quotation by Tolkien, J.R.R.
The road must be trod, but it will be very hard. And neither strength nor wisdom will carry us far upon it. This quest may be attempted by the weak with as much hope as the strong. Yet such is oft the course of deeds that move the wheels of the world: small hands do them because they must, while the eyes of the great are elsewhere.
J.R.R. Tolkien (1892-1973) English writer, fabulist, philologist, academic [John Ronald Reuel Tolkien]
The Lord of the Rings: The Fellowship of the Ring, Book 2, ch. 2 “The Council of Elrond” [Elrond] (1954)
#quote #quotation #actions #deed #great #real-world #small #task #weak
More notes and sourcing on WIST: https://wist.info/tolkien-jrr/52014/
