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Europe aims to ramp up weapons to help Ukraine defeat Russia
(www.thetimes.co.uk)
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Yeah, and so is America's
America, EU and the rest of the collective west are being outproduced by Russia, Iran and the DPRK
I get that we have run very low on munitions, but my point is that we still have factories that are in fact producing munitions, it is not like Bofors and similar companies have stopped existing, they are still producing munitions.
This means that they are still alive.
Europe has proven itself incapable of even fulfilling the commitment to produce a million shells only ending up scraping 30% of that while prices jumped from 2k to 8k:
European industrial costs have now skyrocketed in absence of cheap pipeline gas, and the companies have zero interest eating the cost of building out a military industrial complex given that the war is very obviously lost. This is simply not profitable to do, and no sane capitalist would do this.
The reason Russia is able to ramp up its military industry is because it's state owned. Once again we see that the west ended up getting high on its own supply about the efficiency of free markets.
How long before Russia, Iran and DPRK topple western hegemony with their massive guns? For real though, I think this statement is a little bullshit if you choose to exclude China from the equation.
There is no proof China has been supplying Russia with war material any more than they've been doing to Ukraine
True and not something I implied. I just do not think Russia, Iran and DPRK are anything near outscaling western weapons production and research without China. Maybe for some subset of the industry, but not as a whole.