Posts: 26,928
   
Threads: 19,101
    
Likes Received: 2,260 in 2,102 posts
Likes Given: 24
The United States continues to increase its support for Ukraine. In addition to a series of military aid to Ukraine, US President Biden signed the Ukrainian version of the Lend-Lease Act on Monday local time to unblock the aid pipeline.
"CNBC" reported that the full name of the Ukrainian Lend-Lease Act is the "Ukraine Democracy Defense Lend-Lease Act of 2022", which was passed by both houses of Congress at the end of April and sent to Biden for signature. "The bill I signed provides another, more important tool to directly assist the Ukrainian government and people in their struggle to defend their homeland and democracy against Putin's brutal war," he said.
The United States can simplify the delivery of weapons or equipment, and provide guarantees for the lessor to repay in the future with substitute assets or other compensation methods.
https://news.ltn.com.tw/news/world/breakingnews/3921059
Posts: 690
   
Threads: 0
    
Likes Received: 258 in 196 posts
Likes Given: 63
Are you sure its about helping Ukraine and NOT about helping Lockheed, Boeing, Raytheon & other weapons makers make billions?
Ukraine will be left indebted to America for decades & generations paying back for the weapons lent & leased to it. Provided there is still a "Ukraine" left when it finally gives up trying to fight.
Posts: 5,342
   
Threads: 114
    
Likes Received: 1,917 in 1,510 posts
Likes Given: 51
That means those land not taken by Russia will now belongs to USA?
Posts: 980
   
Threads: 2
    
Likes Received: 287 in 235 posts
Likes Given: 74
(10-05-2022, 12:54 PM)theold Wrote: The United States can simplify the delivery of weapons or equipment, and provide guarantees for the lessor to repay in the future with substitute assets or other compensation methods.
https://news.ltn.com.tw/news/world/breakingnews/3921059
This will be the biggest debt trap (US$33 bln) that is way larger than the tiny debt that OBOR countries owe to China.
Worse will be that weapons are perishables and do not generate revenue nor improve the citizens life unlike productive assets like seaports, railway lines or highways.
(This post was last modified: 10-05-2022, 01:25 PM by
sgxin.)
Posts: 5,254
   
Threads: 204
    
Likes Received: 1,404 in 1,174 posts
Likes Given: 723
They send in the weapons, Russia destroy.
Who will pay for all these?
Posts: 667
   
Threads: 85
    
Likes Received: 228 in 178 posts
Likes Given: 7
simi lend lease? looks like selling weapons to me
Posts: 475
   
Threads: 4
    
Likes Received: 214 in 159 posts
Likes Given: 514
(10-05-2022, 01:27 PM)Migrant Wrote: They send in the weapons, Russia destroy.
Who will pay for all these?
we all know the evil Assmerica is to milk from the war. The more the Lend lease, the better it is so even if Russia win the war and concur Ukraine, Russia is to pay for the debt owe by the clown . best is destroy totally from this planet andno more Ukraine and let the evil one suffer pain pain. This old man last day so near and still so evil