Friday, March 1, 2024

The G7 will rebuild Ukraine and make Russia pay for it?

Remember when Donald Trump boasted that he would build a wall on the nation's southern border and make Mexico pay for it. No one believed him when he said it, but we elected him president anyway. Mr. Trump built part of a border wall, but Mexico didn't pay a dime.

The G7 leaders are making a similar boast about the war in Ukraine. In a statement issued in late February, the G7 reaffirmed the West's unwavering commitment to supporting Ukraine in its struggle to defeat the Russians.

As video images show, the war has wrecked many of Ukraine's cities and infrastructure. The G7 estimates the cost of rebuilding Ukraine to be about half a trillion dollars.

Who will pay for the damages? The G7 says Russia will pay. "It is not right." The G7 said, "for Russia to decide if or when it will pay for the damages it has caused in Ukraine . . . Russia should not be able to indefinitely delay payment it owes."

That's just bullshit. No one believes the Western powers can shake down Russia for half a trillion dollars. Even if it were possible, forcing Russia to pay a bill of that size would destroy the Russian economy. Who wants that?

Apparently, the G7 leaders don't know what happened when the Western allies forced Germany to pay war reparations at the end of the First World War. Germany tried to pay what the Allies said it owed, but its efforts helped trigger hyperinflation that wiped out Germany's middle class. German bitterness about the Allies' reparation demands helped set the stage for Hitler's rise and World War II.

Ukraine's war with Russia is a needless catastrophe. Americans are being lied to about the conflict. Neither the Russians nor the Ukrainians are telling the truth about their casualties, which are likely much higher than the figure of half a million that the press reported last August.

Americans are also being lied to about how the war is going. Ukraine is losing this war, and President Zelenskiy's vow to take back Crimea is almost clinically delusional.

This war needs to end now while Ukraine can still get reasonable terms. The United States needs to stop pouring money down the rat hole of Ukraine's corrupt government. Suppose this war goes on for another year or two. In that case, it will seriously damage the American economy--not to mention the possibility that the Ukraine debacle plunges the U.S. into war with Russia.



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