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World Bank Slush Funds for Ukraine – Another $20 Billion Wired from US
Armstrong Economics ^ | 13 Dec 24 | Martin Armstrong

Posted on 12/13/2024 8:16:04 AM PST by delta7

The United States Treasury Department expedited a $20 billion aid package to Ukraine as part of the 50 billion G7 Extraordinary Revenue Acceleration (ERA) Loans initiative. The establishment wants to offload these funds as quickly as possible to deter Donald Trump from reversing course and withholding aid. The funds were sent to the questionable World Bank and derived from frozen Russian assets.

Will the funds be used for humanitarian aid? No one knows. Joe Biden would have had to call upon Congress to agree to send military aid, although he initially wanted to split the $20 BILLION down the line and devote half to economic aid and the other half to the military. Since there are absolutely no checks or balances on these funds, his administration simply marked it all as economic aid and wired it to the World Bank.

“These funds – paid for by the windfall proceeds earned from Russia’s own immobilized assets – will provide Ukraine a critical infusion of support as it defends its country against an unprovoked war of aggression,” said Secretary of the Treasury Janet L. Yellen, who personally oversaw the transfer. “The $50 billion collectively being provided by the G7 through this initiative will help ensure Ukraine has the resources it needs to sustain emergency services, hospitals, and other foundations of its brave resistance.”

Yellen followed up by stating that Putin is “engaging our coalition in a contest of wills” and hoping the West will retreat on its stance to prolong the war at all costs. She praised the “creative policymaking and the unity of the G7” for prolonging the war that would have ended years ago if not for Western interference. In fact, the war would never have begun if not for Western interference, or dare I say, the deliberate creation of this manufactured war.

Not only does Yellen expect Russia to retreat, but she demands that they pay Ukraine for damages. This could never occur. The premise of aiding Ukraine has created an endless excuse to send funds into the abyss. The World Bank will allegedly place the $20 billion in the Facilitation of Resources to Invest in Strengthening Ukraine Financial Intermediary Fund, yet another overflowing fund intended to save the world from what Yellen called a “belligerent regime.”

I reported how whistleblowers revealed that the World Bank had $41 billion in unaccounted funds initially destined to fight climate change. Now, the World Bank is funneling billions more under the premise of Ukraine – not to mention that the $20 billion was stolen from Russians and created a new form of economic warfare. All of this reeks of corruption.


TOPICS:
KEYWORDS: americalast; corruption; killkillkillforpeace; mic; moneylaundering; tothelastukrainian; ukraine; welfarewar; zeepersthrilled
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Who voted Yellen in? A political appointed hack flushing billions down the filthy Ukie toilet.
1 posted on 12/13/2024 8:16:04 AM PST by delta7
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To: delta7; marcusmaximus

Hey now, watch what you say about Ukraine.

A number of FR folks love Ukraine SO MUCH that they are willing to fight and die for it!!

Right Marcus? You post a thousand times a day about it and you support Ukraine with your heart and soul.

SO I KNOW you are supporting it with your life too..there on the front lines, fighting it out with the Ruskies :)

#### Ukraine.

In less than 6 weeks they wont be able to start WWIII by dumping OUR MISSILES into Russia.

and NO ONE really give a #### about the US if they think adding a quarter of a trillion dollars to our debt to support ukraine is worth it.

And half the money is going to the comedian and dems.

But you’re a smart guy and know that marcus :)

Right?


2 posted on 12/13/2024 8:24:35 AM PST by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: delta7

How can a country of 35 million absorb such huge amounts of money? Its real GDP is $560 billion (PPP). Over the past three years Ukraine has received from Europe and the US more than the entire net worth of all goods and services the nation produces.


3 posted on 12/13/2024 8:26:12 AM PST by kabar
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To: dp0622

“In less than 6 weeks they wont be able to start WWIII by dumping OUR MISSILES into Russia.”

Mark my words - when Trump’s people get in office and actually demand to see what weapons we have left in inventory, rather than on paper, there will be HELL TO PAY.


4 posted on 12/13/2024 8:42:02 AM PST by BobL
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To: kabar

The largest rat money laundering op in history and not a word about it from MSM.


5 posted on 12/13/2024 8:44:55 AM PST by iamgalt
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To: iamgalt

Correct. It’s also paying back with tax dollars, for the “gifts” into joe’s pocket.
Congress has turned into a weak organism that has lost its way. Stop joe... I am in disbelief that they are ok with all joe and barry are doing...where is the stop. where is the voice for the people? you all go to Washington to serve the people and in a day, you fail.. not even close to serving the people.


6 posted on 12/13/2024 8:54:25 AM PST by frnewsjunkie
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To: kabar

The plane from the Globalists were/are to destroy the USA.

Period.


7 posted on 12/13/2024 9:08:40 AM PST by Texas Fossil (Texas is not about where you were born, but a Free State of Heart, Mind and Attitude.)
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To: BobL

.......when Trump’s people get in office and actually demand to see what weapons
we have left in DoD inventory, rather than on paper, there will be HELL TO PAY.........


Secy of State
Dec 12, 2024

Biden announced the United States is providing another significant package
of weapons and equipment to Ukraine....with $5 billion set aside for later.

This assistance, provided under previous drawdowns from
DoD stocks, is valued at $500 million. Includes:
<><>Counter-Unmanned Aerial Systems (c-UAS) munitions;
<><>ammunition for High Mobility Artillery Rocket Systems (HIMARS);
<><>155mm and 105mm artillery ammunition; High-speed Anti-radiation missiles (HARMs);
<><>Unmanned Aerial Systems (UAS);
<><>Mine-Resistant Ambush Protected Vehicles (MRAPs);
<><>High Mobility Multipurpose Wheeled Vehicles (HMMWVs);
<><>light tactical vehicles;
<><>Chemical, Biological, Radiological, Nuclear (CBRN) protective equipment;
<><>Javelin and AT-4 anti-armor systems;
<><>Tube-launched, Optically guided, Wire-tracked (TOW) missiles;
<><>small arms ammunition;
<><>grenades and training equipment;
<><>demolition equipment and munitions;
<><>spare parts, ancillary equipment,
<><>services, training, and transportation.


8 posted on 12/13/2024 9:15:32 AM PST by Liz (As West Texas ranchers occasionally say: “THAT boy had one too many years of college.”)
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To: delta7

Janet, what is my ROI? That’s return on investment for an economist like you.


9 posted on 12/13/2024 9:21:17 AM PST by kawhill (Did they say why Willard? Are my methods unsound?)
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To: delta7

and how much for those in NC who are STILL without homes and living in tents in the middle ofwinter?


10 posted on 12/13/2024 10:40:05 AM PST by Bob434
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To: delta7
World Bank Slush Funds for Ukraine – Another $20 Billion Wired from US

So Zeepers paychecks are safe for another couple of months?

11 posted on 12/13/2024 3:00:45 PM PST by Navy Patriot (I Voted For President Trump, Celebrate Recivilization!)
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To: Texas Fossil; kabar

Plane=Plan?


12 posted on 12/13/2024 3:05:38 PM PST by Navy Patriot (I Voted For President Trump, Celebrate Recivilization!)
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To: dp0622
>> " A number of FR folks love Ukraine SO MUCH that they are willing to fight and die for it!!" <<

LOL!!! 😅😅
Good one. 👍👍
13 posted on 12/13/2024 3:12:13 PM PST by ANKE69 (✌️🇺🇲 Let's MAGA)
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To: Navy Patriot

Yes. I am old. smile.

I type fast, but don’t proof enough.


14 posted on 12/13/2024 5:06:26 PM PST by Texas Fossil (Texas is not about where you were born, but a Free State of Heart, Mind and Attitude.)
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To: Texas Fossil
No problem, I have learned to always check, never assume.

I was definitely NOT pinging on you.

Merry Christmas!

15 posted on 12/13/2024 5:10:15 PM PST by Navy Patriot (I Voted For President Trump, Celebrate Recivilization!)
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To: Navy Patriot

Thank you. And Merry Christmas to your and your family.

I took no offense to correcting my spelling.

If it was on my cell phone? I could blame auto correct. smile.


16 posted on 12/13/2024 5:29:30 PM PST by Texas Fossil (Texas is not about where you were born, but a Free State of Heart, Mind and Attitude.)
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To: delta7

Martin Armstrong: Eleven years in prison for securities fraud. Investors lost $700 million to his ponzi scheme.


17 posted on 12/19/2024 8:37:01 AM PST by TexasGator ('111I1/.1111'/1./')
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To: TexasGator

https://www.armstrongeconomics.com/international-news/rule-of-law/the-constitution-does-not-exist-in-nyc/

The court documents don’t lie. Take some time to read them, all. His case made it to Supreme Court and he was exonerated.

Do some research, educate yourself, then get back with us. The fact remains, his Socrates computer and forecasts are legendary.

If you have an axe to grind with Martin, you don’t have to read his articles….many sovereign countries and banks do. Your loss.


18 posted on 12/19/2024 9:58:00 AM PST by delta7
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To: delta7

“His case made it to Supreme Court and he was exonerated.”

You linked to his site. He lies.

You lie. He was not exonerated.

You lie. His case never made it to the Supreme court.


19 posted on 12/19/2024 10:12:52 AM PST by TexasGator ('111I1/.1111'/1./')
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To: delta7

“many sovereign countries and banks do. “

And you can’t name a single one!


20 posted on 12/19/2024 10:16:21 AM PST by TexasGator ('111I1/.1111'/1./')
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