$50 billion is literally more than a quarter of their entire GDP (which means it could be as much as or at least close to their entire tax revenue for the year). Sure, banks routinely lend people up to 5-10 times their annual income, but that’s to buy a house, which is likely to increase in value if maintained properly, and which they get to repossess if they fail to make payments.
Meanwhile, military equipment to be used in an active war is likely to see at least major wear and tear, and at high risk of getting completely destroyed in the process, and there is no guarantee whatsoever that it’ll help them win the war. And even if they win, they haven’t really won anything because they’re just defending already existing territory, and they’re sacrificing the lives of millions of men in the process, which will then be lacking in their workforce, potentially leading to economic stagnation for decades. And for that reason, I’m out.
Ukraine is about to be paying of it’s debts to the west (for rebuilding, weapons and “business opportunities”) until the entire political system is crumbling to dust, anyway. What’s 50bn more or less anyway?
Where did he suddenly get all that money from is what I’d like to know.
They have an emergency stock of Royal Fabergé eggs.
Countries can take out loans to pay for things. Probably not good for their economy, but desperate times.
$50 billion is literally more than a quarter of their entire GDP (which means it could be as much as or at least close to their entire tax revenue for the year). Sure, banks routinely lend people up to 5-10 times their annual income, but that’s to buy a house, which is likely to increase in value if maintained properly, and which they get to repossess if they fail to make payments.
Meanwhile, military equipment to be used in an active war is likely to see at least major wear and tear, and at high risk of getting completely destroyed in the process, and there is no guarantee whatsoever that it’ll help them win the war. And even if they win, they haven’t really won anything because they’re just defending already existing territory, and they’re sacrificing the lives of millions of men in the process, which will then be lacking in their workforce, potentially leading to economic stagnation for decades. And for that reason, I’m out.
Ukraine is about to be paying of it’s debts to the west (for rebuilding, weapons and “business opportunities”) until the entire political system is crumbling to dust, anyway. What’s 50bn more or less anyway?
Source: trust me, bro.
You don’t think that Europe helps out Ukraine out of the goodness of their hearts, right?