Yves here. The authors assembled a large team of researchers to perform a granular analysis of the value of the weapons and direct aid the US supplied to Ukraine since the start of the Special Military Operation. They find it is only somewhere between 1/3 to 1/2 the appropraited amount. The implication is that the US has a lot of additional approved funding that it could use to keep propping up Ukraine (ignoring the elephant in the room, that the US and its allies have stripped their weapons caches bare, and mere money can’t magic arms out of thin air).

Now of course, one can take issue with their haircutting the values on what one might call a mark to market basis, when the Pentagon’s apparent practice is to value munitions in storage at their initial cost, no matter how decrepit they are (recall as one of many examples that

Keep reading this article on Naked Capitalism (Yves Smith) - Blog.

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