2/21/2024 – Time is running out to help Ukraine and defend the West

VOU ADMIN: We need to consider and take to heart this urgent appeal by Victor Pinchuk in the midst of so much political chaos in the US.

From Atlantic Council By Victor Pinchuk

Friends of Ukraine often say to Western political leaders: The West’s economy is 20-25 times bigger than Russia’s, how could we possibly give Ukraine fewer weapons than Russia has? Let’s do more, it is not such a big deal. But it is a bigger deal than that. I would like to encourage you to take a hard look at the truth and at the urgency of the situation we are facing.

The West is potentially overwhelmingly stronger than Russia and can enable Ukraine to win. But only with an effort, and a speed, that are on a completely different level to current policies of support.

The West’s economy is 20-25 times bigger than Russia’s. But who uses their full strength now? The US and the EU have directed 0.3% and 0.4% of their GDPs, respectively, to supporting Ukraine (including financial and humanitarian aid). Russia spends approximately 40% of its budget on attacking Ukraine, which is estimated as between 6% and 10% of the country’s GDP. This far greater commitment is helping Russia compensate for the West’s much larger economic potential. A smaller fighter who sacrifices everything can overcome a much bigger opponent who does not fight so hard.

But even worse, this is not a fight between the West’s potential and Russia’s potential. Everything depends on what the West gives right now, against what Russia produces right now, plus what Russia receives from Iran and North Korea. These are relatively small economies, but with disproportionately powerful military production.

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