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The U.S. Can Afford a Bigger Military. We Just Can’t Build It. (www.wsj.com)

submitted 10 months ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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[–] yogthos@lemmygrad.ml 27 points 10 months ago (2 children)

One of my favorite stories of the year has to be EU's attempt to convert money into artillery shells. They allocated a bunch of money to this and thought that shells would magically appear. Instead they created a situation where there's a limited supply of a commodity with a market flush with cash, and as anybody with even a modicum of economic understanding could've told them this resulted in prices going through the roof. So shells went from around 2k per shell to 8k per shell. 😂

In October, NATO’s senior military officer, Adm. Rob Bauer, said that the price for one 155mm shell had risen from 2,000 euros ($2,171) at the start of Russia’s full-scale invasion to 8,000 euros ($8,489.60).

The west is run by literal evil clowns.

[–] Collatz_problem@hexbear.net 20 points 10 months ago

Hey, it means that GDP got bigger! Who needs real things if line went up?

[–] PanArab@lemmygrad.ml 9 points 10 months ago (1 children)

Were EU governments bidding against one another?

[–] yogthos@lemmygrad.ml 14 points 10 months ago

I'm guessing companies just jacked up the price and the governments wrote blank cheques to them. I imagine corruption is likely a factor here too.