by Michael Snyder, End Of The American Dream:
If you had the opportunity to grab natural resources that are worth tens of trillions of dollars and you believed that you could get away with it, would you do it? A lot of people in western nations are not able to identify Ukraine on a blank map of the world, but the truth is that it isn’t just another country. It turns out that Ukraine is sitting on natural resources that are worth tens of trillions of dollars. Most of those natural resources are located in eastern Ukraine, and of course that is where all of the fighting is happening. Whoever is victorious in this conflict is going to get their hands on all of that wealth. I think that this helps to explain why the Russians and the western elite are so obsessed with winning this war.
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Ukraine harbors some of the world’s largest reserves of titanium and iron ore, fields of untapped lithium and massive deposits of coal. Collectively, they are worth tens of trillions of dollars.
The lion’s share of those coal deposits, which for decades have powered Ukraine’s critical steel industry, are concentrated in the east, where Moscow has made the most inroads. That’s put them in Russian hands, along with significant amounts of other valuable energy and mineral deposits used for everything from aircraft parts to smartphones, according to an analysis for The Washington Post by the Canadian geopolitical risk firm SecDev.
During a recent appearance on “Face the Nation”, U.S. Senator Lindsey Graham made a similar claim.
He said that this is a war that “we can’t afford to lose” because “$10 to $12 trillion of critical mineral assets could be used by Ukraine and the West”…
“If we help Ukraine now, they can become the best business partner we ever dreamed of”, Graham continued. “That $10 to $12 trillion of critical mineral assets could be used by Ukraine and the West, not given to Putin and China”.
The US senator then argued that the West “can’t afford to lose” the war in Ukraine.
“This is a very big deal, how Ukraine ends. Let’s help them win a war we can’t afford to lose. Let’s find a solution to this war. But they’re sitting on a gold mine. To give Putin $10 or $12 trillion of critical minerals that he will share with China is ridiculous”, he repeated.
Wait a moment.
For years, politicians like Lindsey Graham have been telling us that this war is all about “democracy” and “freedom” and stuff like that.
But now we are learning the truth.
If Ukraine was a worthless hunk of rock, we wouldn’t be spending so much money on this war.
So far, the total bill for American taxpayers is up to about 175 billion dollars…
With the recent passage of the national security supplementals, Congress has now approved nearly $175 billion of aid and military assistance to support the Ukrainian government and allied nations two years after Russia launched its invasion. The most recent national security-related supplemental includes $61.7 billion for Ukraine, 64 percent of the total budget authority included within the law, with the remainder dedicated to Israel and the Indo-Pacific region. This is on top of the $113.1 billion of emergency spending previously approved throughout 2022.
We have been pouring gigantic mountains of money into this conflict, but the Russians are still gaining ground.
So what is the solution?
Well, Joe Biden is now considering a plan that would “allow US military contractors to deploy to Ukraine”…
President Joe Biden’s administration is moving toward a plan that would allow US military contractors to deploy to Ukraine for the first time in a limited capacity, CNN reported.
Four US officials familiar with the matter told the outlet that a policy is being worked on to allow the Pentagon to issue private contracts to send troops for the maintenance and repair of US-supplied systems in Ukraine.
If you will recall, the U.S. relied very heavily on military contractors in Iraq.
And that didn’t exactly work out too well.
But they are telling us that this time will be different.
We shall see.
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