How Washington Is Making A Fortune From Ukraine War

According to an article by Politico, Washington is making a fortune from the Ukraine War by using it to benefit American defense contractors.

How Washington Is Making A Fortune From Ukraine War 1

“Nine months after invading Ukraine, Vladimir Putin is beginning to fracture the West,” Politico observes in a surprising admission which marks a stark reversal from prior mainstream media optimism and cheerleading of the White House’s blank check approach to supporting Ukraine. “Top European officials are furious with Joe Biden’s administration and now accuse the Americans of making a fortune from the war, while EU countries suffer.”

European officials are becoming increasingly irritated at Washington’s failure to pressure the Zelensky government into talks as unprecedented amounts of weapons and defence aid flood in, running the possibility of an unpredictable escalation between NATO and Russia. While certain leaders continue to utter notions of “sacrifice,” the people of Europe will continue to bear the brunt of the costs associated with brutally cold winters and a major energy supply crisis.

How Washington Is Making A Fortune From Ukraine War 2

Biden has proceeded to implement his controversial green taxes and subsidies, which are widely viewed as unfairly hurting European industry at this very delicate time.

Speaking to Politico, a senior European official also criticised the White House’s strategy of effectively utilising the Ukraine conflict to benefit American defence contractors while simultaneously ignoring European cries for help in the no-win situation.

“The fact is, if you look at it soberly, the country that is most profiting from this war is the U.S. because they are selling more gas and at higher prices, and because they are selling more weapons,” the senior official said. 

The speaker acknowledged a significant shift in public opinion, partly brought on by the US administration’s unyielding “win in Ukraine at all costs” stance:

The explosive comments — backed in public and private by officials, diplomats and ministers elsewhere — follow mounting anger in Europe over American subsidies that threaten to wreck European industry. The Kremlin is likely to welcome the poisoning of the atmosphere among Western allies. 

“We are really at a historic juncture,” the senior EU official said, arguing that the double hit of trade disruption from U.S. subsidies and high energy prices risks turning public opinion against both the war effort and the transatlantic alliance. “America needs to realize that public opinion is shifting in many EU countries.”

However, the US National Security Council recently reaffirmed its stance that the crisis is solely Putin’s responsibility, period. According to an NSC statement, Washington is merely portraying increased US liquefied natural gas delivery to Europe as satisfying the need to “diversify away from Russia.”

How Washington Is Making A Fortune From Ukraine War 3

Josep Borrell, the usually obedient head of the EU’s foreign policy, has admitted to Politico that “Americans — our friends — take decisions which have an economic impact on us” and that he is now doubting and possibly losing faith in the “united” efforts to support Ukraine.

And for a more detailed analysis of the issue as seen in Brussels…

“The United States sells us its gas with a multiplier effect of four when it crosses the Atlantic,” European Commissioner for the Internal Market Thierry Breton said on French TV on Wednesday. “Of course the Americans are our allies… but when something goes wrong it is necessary also between allies to say it.”

Biden’s $369 billion industrial subsidy scheme to support green industries as part of the Inflation Reduction Act sparked panic in European capitals, according to another EU diplomat cited in the Politico article.

“The Inflation Reduction Act has changed everything,” the EU diplomat said. “Is Washington still our ally or not?” This rising fury could spill into the streets as more European households are likely to experience shortages in electricity and heat this winter, further intensifying the pressure on EU politicians.

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