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Old 10-03-2025, 19:41   #3261
Hugh
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Re: Russia has invaded Ukraine

America wasn’t ploughing money and military resources into a bottomless pit - most of the money went to US arms manufacturers, to replace and update old/surplus military equipment, and the military aid was costed (inflated) at its replacement value (which the USA was going to do anyway), rather than at its actual depreciated value…

https://cepr.org/voxeu/columns/new-a...ficial-figures

Quote:
Instead of more than $60 billion in military assistance (US State Department 2025), the real value amounts to about $18.3 billion. This discrepancy stems from inflated valuations of older weapons stockpiles and other contributing factors…

… It should also be noted that the vast majority of the equipment provided to Ukraine is no longer used by the US military and therefore had an effective value of zero to the US, other than as potential military support to allies or as a liability due to stringent requirements for recycling of weapons systems and munitions. The estimate of $12.5 billion is a conservative upper bound, without fully writing off such systems.
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