Article Image

IPFS News Link • Russia

Stockman: The Real Story Behind The Russia–Ukraine War... And What Happens Next

• https://www.zerohedge.com,by David Stockman

The details are arrayed below, but the larger issue needs be addressed first.

Namely, is there any reason to believe that Russia is an expansionist power looking to gobble up neighbors which were not integral parts of its own historic evolution, as is the case with Ukraine?

After all, if despite Rubio's treachery President Trump does manage to strike a Ukraine peace and partition deal with Putin you can be sure that the neocons will come charging in with a false Munich appeasement analogy.

The answer, however, is a resounding no!

Our firm rebuke of the hoary Munich analogy as it has been falsely applied to Putin is based on what might be called the double-digit rule. To wit, the true expansionary hegemons of modern history have spent huge parts of their GDP on defense because that's what it takes to support the military infrastructure and logistics required for invasion and occupation of foreign lands.

For instance, here are the figures for military spending by Nazi Germany from 1935–1944 expressed as a percent of GDP. This is what an aggressive hegemon looks like in the ramp-up to war: German military spending had already reach 23% of GDP, even before its invasion of Poland in September 1939 and its subsequent commencement of actual military campaigns of invasion and occupation.

Not surprisingly, the same kind of claim on resources occurred when the United States took it upon itself to counter the aggression of Germany and Japan on a global basis. By 1944 defense spending was equal to 40% of America's GDP, and would have totaled more than $2 trillion per year in present day dollars of purchasing power.

Military Spending As A Percent Of GDP In Nazi Germany

1935: 8%.

1936: 13%.

1937: 13%.

1938: 17%.

1939: 23%.

1940: 38%.

1941: 47%.

1942: 55%.

1943: 61%.

1944: 75%


www.BlackMarketFridays.com