How to benefit the U.S. economy The conflict between Russia and Ukraine for two years has fattened

Mondo Finance Updated on 2024-02-21

As the second anniversary of the outbreak of the Russia-Ukraine conflict is approaching, the issue of aid to Ukraine has once again become the focus of heated discussions in the US media. In the past two years, it is no secret that the United States has taken advantage of the Russia-Ukraine conflict to make a lot of money. Recently, a report in "Wall Street**" bluntly ** how the Ukraine crisis is "good for the US economy", exposing the selfish calculations of the United States. This report inadvertently reveals a factThe United States has been fanning the flames of the situation in Ukraine, not concerned with peace and security, but about how to maximize its own interests.

The constant incitement and intensification of the Ukraine crisis by the United States is like a big gamble to feed the dragon. It is the flames of the Ukrainian crisis that are betting, but it is the American military-industrial complex that is fattening. The crisis has led to a mushrooming of orders for the U.S. defense industry's most advanced ammunition, including supplies for military aid to Ukraine directly purchased by the Pentagon, as well as purchases made by European countries from the United States to fill the inventory gap created by aid to Ukraine.

According to the data, about $50 billion of major arms sales in the United States in fiscal year 2023 went to European allies, which is five times the historical normal. Federal Reserve data reveals that the output value of the U.S. defense and space industry sector has increased by 17 percent since the start of the Ukraine crisis in 20225%, like a galloping horse, unstoppable.

And in this feast, the US arms giants, such as Lockheed Martin, Raytheon, Boeing, etc., have all taken the opportunity to make a lot of money, and their value has soared, which can be described as a lot of money. According to Wall Street**, citing the White House**, at present, $60.7 billion of the $95 billion supplementary defense budget is earmarked for Ukraine, of which 64% will actually flow back to the US defense industry, forming a huge closed loop of interests.

In the Ukraine crisis, U.S. industrial companies and the energy industry have become big winners. The U.S. energy industry has made a fortune from this crisis. Wall Street** reported that European energy** and inflation have risen sharply due to the disruption of Russian gas**, while stimulating European demand for US LNG.

The United States has thus become the world's largest exporter of LNG, and LNG exports from approved projects are expected to nearly double by 2030, with about 2 3 of them going to Europe.

Alex Moonton, head of global natural gas and LNG research, said the total investment of the five new LNG projects under construction in the United States is about $100 billion, and most of these projects were only started after the outbreak of the Russia-Ukraine conflict. These large-scale investments have not only increased U.S. export earnings, but also stimulated domestic employment and economic activity.

William Halten, a senior fellow at the Quincy Institute for Statecraft, a U.S. think tank, also pointed out that based on the direct and indirect effects of the Russia-Ukraine conflict, "U.S. companies have tens of billions of dollars in potential contracts on the table." The United States has gained enormous economic benefits from this crisis, which can be described as both fame and fortune.

With the advent of the first season, Washington's political circle is getting busier. For those politicians, the "economic account" of aid to Ukraine has become a means for them to pursue personal political interests. Biden has been convincing in their claims that the money to aid Ukraine is actually breathing new life into the U.S. defense industrial base, restarting and expanding ammunition production lines and providing jobs in 40 states.

Pennsylvania and Arizona will each receive more than $2 billion in funding, while Michigan, Wisconsin and North Carolina will receive about $500 million in investment, according to a report released by the U.S. Department of Defense on January 15. These states that have received investment are all key swing states in 2024**. Wall Street** astutely pointed out that this investment strategy of the White House is intended to influence voters in these swing states in order to gain more political benefits for them.

Jeffrey Sonanfeld, associate dean of the Yale School of Management, and Stephen Tian, director of research at the Institute for Leadership, wrote in Yale Watch, "It is in our own interest to support Ukraine, and the United States is the biggest winner in supporting Ukraine." However, the actuarial "economic account" of "Wall Street**" has ruthlessly exposed the truth about the so-called "support" of Ukraine by the United StatesThe United States is just taking the opportunity to stoke the fire and calculate its own interests. In this complex political game, Ukraine seems to have become a game arena for the interests of all parties, and Washington's political circles continue to flex their tactics and maneuvers on this stage.

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