Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

October 27, 2024 | Is NATO Prepared for a Trump Victory?

Martin Armstrong

Martin Arthur Armstrong is current chairman and founder of Armstrong Economics. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

People believe that NATO will simply back down if Donald Trump is re-elected as he is strongly against the war in Ukraine. This is simply not the case as NATO began planning for a Trump victory months ago.

Chief Jens Stoltenberg attempted to created a 100 billion euro fund that was intended to be “Trump-proof” earlier in the spring.  However, his plan was abandoned in June 2024. Stoltenberg then wanted every member to pledge an annual package of $43 billion on non-lethal aid for Ukraine. Yet, there was dissent within NATO as nations like Italy said they were not actively at war with Russia, while others wanted to wait to see how much US Congress would pass on to Ukraine.

Trump.Ukraine.Lose_

Last week, NATO defense chiefs held a meeting to discuss how to continue the war in the event of a Trump victory. Secretary of Defense Lloyd Austin assured NATO that the neocons in Washington are committed to continuing aid packages to Ukraine. “We can’t expect that the US will continue to take on an outsized burden” in supporting Ukraine, a senior NATO official said on Thursday, “which is why the Secretary General wants to see NATO leading on security assistance, rather than one ally taking that on.” The official noted that the Europe must now “step up” in case someone enters the White House who is actually seeking peace.

Zelensky.Trump_.VeryDangerous

America and Europe are ramping up their efforts to arm Ukraine ahead of the election. Both are now using frozen Russian assets to fund Ukraine. Biden said he is “emptying out” all of the funding that Congress has already approved for Ukraine. The other goal is to provide Ukraine with the means to manufacture their own munitions, with Assistant Secretary of State for European and Eurasian Affairs James O’Brien commenting that “billions” have been invested on the matter. “Every day, we are building long-term capability to Ukraine,” Austin said on Friday. “That will help to spell success for Ukraine in the long haul.”

The Neocons have weeks to finalize a plan. How do they ensure the Ukraine war continues if Donald Trump becomes president this November? The answer may shock the world.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

October 27th, 2024

Posted In: Armstrong Economics

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.