Still optimistic that there will eventually be a country to reconstruct, the U.S. announced last week that it will provide Ukraine with another $1.3 billion for its post-war rebuilding effort, while insisting that ultimately Russia will be handed the bill.
U.S. Secretary of State Antony Blinken said last week that the U.S. is prepared to spend about $520 million to assist in Ukraine’s energy-infrastructure overhaul that has been gutted in Russian strikes.
“As Russia continues to destroy, we are here to help Ukraine rebuild… rebuild lives, rebuild its country, rebuild its future,” Blinken said, according to the AFP. He drew applause from the audience when he said Russia will eventually “bear the cost of Ukraine’s reconstruction.”
The report noted that the funding is in addition to the $63 billion the U.S. has injected into the Ukrainian economy since the start of the war.
Besides the $520 million for energy improvements, $657 million will go to repairing Ukrainian rail lines, border crossings, and other infrastructure projects.
Bullshit Blinken assured the committee that the U.S. will somehow monitor to make sure the money is going where it is intended and prevent the formation of monopolies.
Foreign donors have pledged $66 billion for Ukraine’s rebuilding effort. The World Bank’s latest estimate is that it will cost more than $400 billion for reconstruction. Reports noted that the estimate is likely a low-ball figure because it was released before the Kakhovka dam attack.
Volodymyr Zelensky, the president of Ukraine, recently used Bakhmut as an example of the physical loss in the country.
“You have to understand that there is nothing,” said Zelensky, “They’ve destroyed everything. There are no buildings.”
TRENDPOST: Nearly 500 companies from 42 countries want in on this rebuilding effort because there’s big money to be made.
The Trends Journal has long said war is good for business, and a newly released OMG (O’Keefe Media Group) video helps to prove our point.
Serge Varlay, a recruiter for BlackRock, told an undercover journalist that Ukraine is good for business, according to a video.
“Ukraine is good for business, you know that right,” he said in the video. “I’ll give an example. Russia blows up Ukraine’s grain silos, the price of wheat’s gonna go mad up. The Ukrainian economy is tied very largely to the wheat market, global wheat market. Prices of bread, you know, literally, everything goes up and down. This is fantastic if you’re trading. Volatility creates opportunity to make profit. War is real fucking good for business.”
It is also worth noting that amid all these goodwill gestures from the collective West, Ukraine is still not a member of the EU and NATO. Al Jazeera reported that Ukraine is a “country long plagued by graft,” as though it was inflicted with a medical condition.
Large-scale corruption in Ukraine is as old as the country itself.
Transparency International’s 2021 Corruption Perception Index ranked Ukraine 122nd out of 180 countries and is considered the second most corrupt in Europe. Russia comes in 136th place.
Zelensky, a law-degree-carrying comedian who played the Ukrainian president on a TV show, ran for office in 2019 and vowed to work to clean up the crony capitalism and corruption in Kyiv. The show was called “Servant of the People.”
TRENDPOST: It is worth reminding our readers how the U.S. infrastructure is in a state of disrepair. Take a train ride from Penn Station in New York to Union Station in Washington and just look out the window. (See “U.S. INFRASTRUCTURE: A ROTTING JOKE,” 1 Feb 2022).
Blinken’s heroics in London come days after part of the I-95, which connects the Houlton-Woodstock Border Crossing in Maine to Miami, Florida, collapsed in Philadelphia after a truck crash burned through support beams on the portion of the elevated road.
Days after his announcement, a bridge in Montana collapsed, sending freight train cars—loaded with chemicals—into the Yellowstone River. Asphalt and molten sulfur cargo leaked into the water, The New York Times reported. Two cars were carrying sodium hydrosulfite. There’s been no word on contamination.
In February, a Norfolk Southern freight train derailed in East Palestine, Ohio, resulting in the release of vinyl chloride, a toxic chemical. Residents in the area reported a number of ailments, including rashes, nausea, and difficulty breathing.
A lawsuit noted that animals are mysteriously dying up to 20 miles from the crash site after the controlled burn of vinyl chloride to prevent a major explosion. The chemical is used to make hard plastic resin and can increase the risk of liver cancer and others. (See “OHIO TOXIC TRAIN WRECK MAKING PEOPLE SICK” 21 Feb 2023.)
It is also worth noting that the U.S. and U.K. aim to steal Russian money and deliver it to Zelensky for the rebuilding process. (See “STEAL RUSSIAN MONEY AND GIVE IT TO ZELENSKY, U.S. SAYS,” 20 Jun 2023.)
The U.K. announced that it also wants to keep $300 billion worth of Russian assets unless Moscow agrees to pay for Ukraine’s rebuilding effort. We’ve noted that there’s great risk in using central banks to seize assets and the euro’s value could suffer.