Big Three and Lockheed profit from
Ukraine conflict
Apart from direct
supplies to Europe, the Pentagon has put on contract almost $2.3 billion of a
potential $6 billion to Lockheed Martin to restock depleted US weapons
stockpiles flowing from the US provision of weapons to Ukraine in its fight
against Russia’s invasion.
Additionally, Ukrainian
President Volodymyr Zelensky and BlackRock CEO Larry Fink agreed to coordinate
investments geared toward rebuilding Ukraine.[1]
Larry Fink is reported as saying BlackRock said that Western investors will be
"flooding" Ukraine post-war, and the country could become "a
beacon to the rest of the world of the power of capitalism". Fink has
estimated the country would need $750 billion in reconstruction funds and aid
"if the war stopped relatively soon".[2] Fink
also told Blackrock’s shareholders in 2022, “The Russian invasion of Ukraine
has put an end to the globalization we have experienced over the last three
decades…It has left many communities and people feeling isolated and looking
inward. I believe this has exacerbated the polarization and extremist behaviour
we are seeing across society today.”
Furthermore, BlackRock
is getting paid by the Ukrainian government for advising on Ukraine’s
reconstruction. “And where is the Ukrainian government currently getting its
funding, given its economy is in shambles and war is an expensive undertaking?
The United States government, of course. By the end of the calendar year, the
U.S. will have provided $13 billion in direct budgetary support for Ukraine’s
government to avoid shortfalls and outright bankruptcy, and President Joe Biden
has promised to support Ukraine for ‘as long as it takes.’”[3] Investigative
journalist and Status Coup CEO Jordan Chariton predicted that "this is
going to make the neoliberalism and privatization the U.S. inflicted on
post-Soviet Russia look like child's play."[4]
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