The billion-dollar flood to Ukraine is a financial operation

Paal Steigan
steigan.no

”The markets are starving for EU war bonds” (Politico)

The European Union is getting ready to tap markets for up to €150 billion to help finance military spending. If they do, they should have no trouble finding buyers.

European Commission President Ursula von der Leyen on Tuesday announced plans to raise new funds that countries can use to boost their defenses as the United States withdraws from its longstanding security guarantees.

The plan still needs approval from EU capitals — but if it goes through, the Commission will raise money through bond auctions and pass it on to member states for defense spending. They would then have to pay back to the Commission to cover the funding.

EU chief Ursula von der Leyen on Tuesday unveiled a plan to mobilize around €800 billion ($843 billion) for Europe's defense — and help provide “immediate” military support to Ukraine after Washington suspended aid.

💬 "Europe faces a clear and present danger on a scale that none of us has seen in our adult lifetime,” the European Commission President said in a letter to EU leaders.

The move came hours after US President Donald Trump announced the aid suspension, intensifying Washington's push for a peace deal with Russia and confirming its pivot away from Kyiv and its European allies.

The war is used to give the EU financial power.

And this is what it's all about. Just as the Corona crisis was first and foremost a gigantic financial operation to channel trillions of euros, kroner, and dollars from public budgets to finance capital, the war hysteria is a veil to cover up the fact that the public will once again be plundered for the benefit of the same financial forces.

The EU does not have tax revenues or the ability to take on debt as usual. Now the war is being used as a pretext to introduce war bonds, and this debt will be transferred to the member states and act as a tax on them.

In this way, the EU becomes a financial union, or rather: The EU becomes a debt union.

To a standing ovation from a united Storting in Norway:

In Norway, “goodness” is measured in billions. The more billions you are willing to give to the rainforest, the “green shift” or the war in Ukraine, the better person you are. The more wars you fund, the more moral you are. The fact that you then condemn hundreds of thousands of people to death and misery does not scratch your moral surface.

The billions from Norway will not prevent Ukraine's defeat, but they will make financial capital very happy.

This is a raw class struggle and a massive increase in poverty for the majority — to enthusiastic shouts from the “left”.

Translation: DeepL (free version) + Grammarly (free version)

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