Since the start of the Russian special military operation in Ukraine, the US has supplied Kiev with unprecedented amounts of aid, chief among them being military. Moscow has repeatedly stated that this will only prolong and aggravate the conflict, which, however, has not affected the ever-increasing scale of support for Ukrainian authorities.
This Friday, Washington unveiled yet another $820 million package of security support for Ukraine, which includes two cutting-edge surface-to-air missile systems and four additional counter-artillery radars.
The Biden administration indicated the new package included extra ammo for High Mobility Artillery Rocket Systems (HIMARS) that were already given to Ukraine, noting US authorities almost weekly coordinate more and more new deliveries of arms and finances to Kiev counterparts amid pledges to give even more.
All this takes place against the backdrop of unprecedented in recent decades domestic inflation and an economic crisis that threatens to plounge the US into a recession comparable to the “Great Recession” of 2008.
Despite all that, US President Joe Biden said earlier this week that Washington plans to support Ukraine for as long as necessary, thus refuting the allegations that some day the time when the well will dry up would not come.
‘No Escape’ While Situation ‘Going to Get Worse’
US investigative journalist Daniel Lazare told Sputnik that in the current global situation the biggest problem for Washington is that it “is colliding head-on with reality.”
“The Ukraine war is not going well, Russia is advancing steadily, and few more arms shipments are not going to make much of a difference,” he explained. “The economy is in serious trouble, the sanctions that were supposed to bring Russia to its knees are backfiring spectacularly, while [US Treasury Secretary] Janet Yellen’s scheme for putting a cap on Russian oil prices is being met with worldwide derision.”
According to the pundit, the whole foreign policy of the US “seems to be heading for another crisis,” which prompted the journalist to ponder whether that really is a “par for the course.”
“If confidence is plummeting, it’s because no one thinks the Biden administration is the least bit competent,” he said of the Bi-den administration’s recent poll numbers. “Yet all the alternatives are so much worse. Pretty grim, isn’t it?”
Per Lazare, there is “no escape” out of the situation the US is currently in, and all Biden can do is smile uneasily while UK Prime Minister Boris Johnson jokes about showing off his pecs.
“Things are only going to get worse,” he asserted.
‘This Will Only End When There Is Real Political Revolution in US’
Meanwhile, American geopolitical analyst Tom Luongo remarked that the ongoing conflict in the eastern European nation is nothing more than a “war between civilizations,” in US neoconservatives’ efforts to “forestall Russia taking control of Ukraine.”
Touching on Washington officials’ motives behind the ever-increasing aid to Kiev, Luongo told Sputnik that the American president, “as a proxy for the oligarchs in Davos, is acting on their behalf to ultimately weaken the US by sending weapons overseas and destroying US leadership and credibility.”
“This will only end when there is a real political revolution in the US,” he argued.
Asked about why the Biden administration is concentrated so much on the crisis abroad rather than resolving issues at home, the analyst asserted that the president was “put in charge to destroy the US.”
“Biden and his administration are vandals,” he claimed. “They are not acting in the US’s best interests but have subordinated our public policy to the wishes of foreign powers.”
According to Luongo, “too many conservatives want to align the DNC with China, but it’s clear that while China is helping erode the political cohesiveness of the US it is Davos and their Climate Change/technocracy agenda that is pulling all the strings.”
The expert offered that the incumbent administration is not interested in mitigating, for instance, the ongoing energy sector crisis, because it “is being run by traitors.”
More to that, Luongo believes the US economy cannot afford to sponsor Washington’s ambitions for long period of time. The analyst argued there is sincere and well-organized pushback coming from “the most unlikely place,” which is some of the US biggest banks and the Federal Reserve, which is “aggressively tightening monetary policy to drain the world of dollars and break both the offshore euro, dollar markets and put China’s financial partners, namely Hong Kong, under sincere pressure.”
“If the Fed doesn’t do this now, the odds of a political disintegration of the US by the end of the decade rise dramatically,” the expert suggested.
Speculating about where the United States has again found huge funds to aid Ukraine this week, and how the budget is going to cover the next multi-million spending, he said that for 2022, the money used had already been allocated. However, according to Luongo, Congress eventually will have to sell debt into the market, either for domestic or foreign purchase, or for monetization by the Fed.
“The Fed is raising rates to stop the money spigot in DC by forcing Congress to act more responsibly,” Lu-ongo explained. “Think of these spending allocations and pledges, like the $600 billion for global infrastructure to thwart China’s Belt and Road Initiative as attempts at blackmailing a reluctant Fed to monetize debt the world no longer wants to buy.”
The analyst also weighed in on the recent statement by the Federal Reserve Bank of Atlanta, which forecasted that the second quarter would see a 1% decline in the US GDP, a move that would in turn mark the beginning of recession.
Asked what were the chances of a “large-scale economic collapse” in this course of action, Luongo noted there is a significant difference between the recession and the latter. He emphasized the Fed should continue its current effort in order to compel resolution to numerous unresolved geopolitical challenges and imbalances.
“If it’s going to ‘act globally’ this is how it should do so, by taking away the punchbowl of offshore USD-based credit, Eurodollars, and regain control over its own monetary policy,” he pointed out.
According to Luongo, to balance the books from the last inflationary boom, one must pay a price that may include a severe recession and economic disruption in the US economy for “a year or two.”
“I think the worst of those effects on the US economy will be blunted by the complete collapse of the European economy and sovereign debt markets,” the expert concluded. “However, it won’t last forever, two maybe three years, but it will be enough time to effect real political change. We’ll know at this year’s midterm elections what the American people really think about these things.”
Let Drivers Pay Price for World Domination, Says Biden
Meanwhile, just this Thursday, Biden told reporters that those behind the wheel in the US will be compelled to pay current record fuel prices for “as long as necessary.”
“As long as it takes so Russia cannot in fact defeat Ukraine and go beyond Ukraine,” Biden said. “This is a critical position for the world.”
A CNN report this week detailed that the US Department of Defense is considering 1,300 ideas from 800 companies to create new weaponry and commercial capabilities they might be able to produce to aid Ukraine in the near future.
The suggestions reportedly address several of the crucial needs that Ukraine has highlighted, including air defense, anti-armor, anti-tank, anti-personnel, coastal defense, drones, secure communications and counter battery.
Additionally, should the ongoing crisis last a long period, the US reportedly plans to increase the capability of its industrial base to serve Ukraine’s demands.
Ever since the conflict began in late February, the US has provided Kiev with over $54 billion in financial and military aid, including $40 billion package for aid to Ukraine that was passed by Congress in May.
According to the estimates, with the newest $820 million tranche, the US has provided Ukraine with $7.6 billion in military aid since the Biden administration took office in January 2021.
Following a request for assistance from the republics of Donetsk and Lugansk to protect themselves against Ukrainian forces’ escalating onslaught, Russia began a special military operation in Ukraine on February 24. According to the Russian Ministry of Defense statements, the civilian populace is not in risk because the operation is only focused on Ukrainian military facilities.