I hope that was tongue in cheek! You realize US treasury is beyond bankrupt (-11T) to practice such generosity. Wait till treasury floats paper for 1.2T deficit this year and see what happens to $ and rates.[/quote]
Sorry, bsrsharma, but I actually did not have my tongue in my cheek. Europe should pay most or all of the tab, but the US has already spent trillions to limit Russian expansion, so why skimp on a few tens of billions that would keep Ukraine out of Putin’s clutches? It’s a lot cheaper than building military forces to intimidate Russia out of Ukraine after it takes hold.
