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Teasers iSteve Blog German Chancellor Scholz announced a special fund of 100 billion Euro for the German armed forces. Back on February 24 in “Will NATO be the Institutional Winner from Putin’s War,” I opined: I bet a whole bunch of Lockheed salesmen are en route to Berlin at this moment. Here’s Lockheed’s recent stock performance: Recently from Author
> Results already:
Oil costs more, so all oil producers benefit.
Wheat, too, soon.
Who produces wheat and oil?
Illegitimate president Biden can tell drooling morons that the various failures of his uniquely inept administration are the result of Putin’s invasion.Not a bad stock to buy at $8 back in July 1990. My wife worked there for a year, then for a contractor for them. Which reminds me to find out what happened to the 401(k) she had.
German Chancellor Scholz announced a special fund of 100 billion Euro for the German armed forces So what ?
https://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures
Russia spends $62 bn, Germany $53 bn. Russia has a real military, Germany’s is ineffectual, even with an extra $100 bn in the kitty. America spends 39% of World defence spending, but it gets kicked out of Afghanistan by a rag tag bunch of Pashtouns. Defence procurement in America, and the West generally, is a scam used to reward arms manufacturers, politicos, “security consultants” and all the rest. If you get an effective weapon out of it, it’s probably an accident. Add to this, a risk-averse military, which has been wrecked by “diversity” rules and substandard recruits.OT – 14 shot at a Las Vegas Hookah Parlor last night. Altercation at a party. “Descriptions of the shooters were not immediately available.” Also: “Community organizers” hand out gun locks on the south side of Chicago: @Hhsiii I […]
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